美国高级行政官员：美国总统特朗普有权在其他国家未履行投资承诺时恢复更高关税水平

BlockBeats News: On July 28th, digital bank Revolut announced the resumption of cryptocurrency staking services in Hungary. Previously, the company suspended most of its digital asset services on July 7th due to the uncertainty of Hungary's new laws. Hungary's new law, which came into effect on July 1st, imposes severe penalties on the use of unlicensed cryptocurrency exchanges, with retail users facing up to 5 years in prison and service providers facing up to 8 years in prison. After legal review, Revolut has determined that pledge services do not fall within the scope of "cryptocurrency trading activities" as defined by the law.

On July 28th, according to Bloomberg, Trump Media and Technology Group (TMTG) revealed last week that it has invested $300 million in a strategy to participate in Bitcoin related securities linked options. Although many details are still unclear, this investment indicates that Trump media is shifting towards leveraging the price of Bitcoin. Trump's posts on his social media account "Truth Social" have pushed up the price of this cryptocurrency in the past, and options strategies can help investors profit from this price volatility. Castle Island Ventures partner Nick Carter stated that he voted for Trump and still supports him, but his connections with the industry may create conflicts of interest, especially when options trading brings different risks and returns.

The current price of ETH is $3934.52, with a 3.65% increase in the past 24 hours. Among them, the total liquidation amount of contracts across the entire network in the past 1 hour was 10.17 million US dollars, with the main liquidation being short orders and ETH liquidation being 5.8 million US dollars (57.03%). The data is for reference only.

XRP posted modest gains despite intraday volatility, recovering from early lows to close near $3.22 on strong afternoon volumes. Institutional accumulation and a late-session rally hint at upside continuation.

According to on chain analyst Yu Jin's monitoring, Gate Launchpad's new project Ika (IKA) supports USD1 investment, attracting a large amount of USD1 to flow into Gate. Currently, Gate has become the second largest exchange in terms of USD1 holdings, second only to Binance. Yu Jin stated that currently the vast majority of USD1 is located on the BSC chain, with a small portion on the ETH chain. Gate currently holds approximately $170 million USD1 on the BSC chain (second to the exchange) and approximately 20 million USD1 on the ETH chain (first to the exchange), which is consistent with the current total USD1 investment of 196 million in Launchpad. It is reported that the Gate Launchpad new project is Ika (IKA), which supports users to subscribe with GT using USD1. As of now, the investment in USD1 has exceeded 196 million pieces, and the investment in GT is 5.13 million pieces ($94.1 million).