XLM fluctuated, up 11.45% in 24H

Odaily Planet Daily News: According to OnchainLens monitoring, Sharpnink Gaming recently increased its holdings of 5072 ETH, valued at approximately $13.51 million at current prices. At present, the company holds over 210700 ETH with a total value of over 585 million US dollars.

According to Cointelegraph, YZi Labs, the family office of Binance co-founder Zhao Changpeng, will support investment firm 10X Capital in establishing an asset management company focused on BNB and plans to list on major US exchanges. The company is called 'The BNB Treasury Company' and is led by former Galaxy Digital co-founder David Namdar as CEO. The BNB Treasury Company, as planned, is expected to announce the completion of related financing in the coming weeks.

Odaily Planet Daily News: Nansen CEO Alex Svanevik and ZenAcademy founder Zeneca discussed the performance of angel investment, stating that in recent years, as an angel investor, they have invested in a total of 58 projects, of which 8 have won, 10 have entered the next round but are still waiting for results, 14 have not yet entered the next round, 7 have been partially refunded (acquired or suffered losses), and 19 have been reset. Zeneca's record is that they have invested in a total of 68 projects, with 3 major wins, 4 minor wins, 15 minor losses, 8 major losses, 10 zeroing out, and 22 still waiting for results (but with little hope).

BlockBeats News: On July 10th, according to Onchain Lens monitoring, AguilaTrades, a contract trader for Whale, increased its BTC (20 times) long position. Currently, its contract holds 2821.36 BTC worth over $300 million, with a floating profit of approximately $6 million.

According to Bloomberg, a key U.S. Senate subcommittee is debating proposed regulation of digital assets, with Republicans advocating for moderate regulation and Democrats warning of potential loopholes and conflicts of interest. On Wednesday, the Senate Banking Committee held a hearing to strive for the completion of legislation on cryptocurrency market structure before the September 30th subcommittee deadline, and the House of Representatives will also review related bills next week. Chairman Tim Scott stated that legislation should clearly define securities tokens and safeguard measures against illegal financial activities. Democratic Senator Raphael Warnock criticized the proposal for failing to address conflicts of interest in the executive branch. At the hearing, former chairman of the Commodity Futures Trading Commission, Timothy Massad, warned that the current legislation granting too broad exemptions to decentralized cryptocurrency companies could lead to the outflow of regulatory activities. Democrats are also concerned that cryptocurrency companies are using "decentralization" to evade registration. Republican senators Cynthia Lummis, Thom Tillis, and others released market structure principles last month, which are generally consistent with the CLARITY Act. Bill Hagerty stated that he is not concerned about losing bipartisan support and predicts that Democrats who support stablecoin legislation will pragmatically push forward.