Bitmine's stock price has risen over 30 times since announcing its Ethereum reserve strategy

According to BlockBeats, on July 4th, Lorenzo, an on chain asset management platform, officially launched its first OTF (On chain Traded Fund) testnet product - USD1+OTF, which is also its first U-shaped income product settled in USD1 stablecoin. It has been deployed on the BNB Chain testnet. This product is supported by Lorenzo's Financial Abstraction Layer, which integrates RWA earnings, quantitative strategies, and DeFi earnings. All earnings are settled in USD1, making Lorenzo one of the earliest projects to build real income products around USD1 and promoting its practical use in the on chain financial ecosystem. Users can participate in product testing by pledging USDT, USDC, or USD1 to obtain sUSD1+tokens representing the right to return, and experience a stable, diverse, and authentic return structure. Lorenzo's future vision is to build an on chain investment bank, focusing on providing standardized issuance, tokenization management, and fundraising services for income generating assets such as CeFi, RWA, and DeFi, bridging the gap between large-scale on chain funds and institutional level wealth management products.

According to official announcements, Binance contracts will be launched with BULLAUSDT and IDOLNUSDT U-based perpetual contracts. The specific time is: July 4th 17:00 (GMT+8 time): BULLAUSDT perpetual contract, with a maximum leverage of up to 50 times On July 4th at 17:15 (GMT+8 time): IDOLSUSDT perpetual contract, with a maximum leverage of up to 50 times

The perpetual trading volume of Binance APT/USDT surged 19 times within 10 minutes, with a turnover of 113 million US dollars in the past 24 hours, a decrease of 2.94%. A surge in trading volume generally indicates an increase in market trading activity or large-scale fund buying and selling operations, which may be caused by certain important market changes or news announcements.

The current price of ETH is $251.39, with a drop of 1.62% in the past 24 hours. Among them, the total liquidation amount of contracts across the entire network in the past 1 hour was 10.25 million US dollars, with multiple orders being the main liquidation and 2.57 million US dollars (25.14%) of ETH liquidation. The data is for reference only.

OKX - PENGU is currently priced at $0.01620, with a 5.06% increase over 24 hours. 24-hour transaction volume of 1.3 billion US dollars, a decrease of 20.52%, for reference only