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The Arizona House of Representatives has passed a landmark bill that would allow the state to create a Bitcoin reserve fund, using cryptocurrency seized from criminal investigations as its primary source. This move positions Arizona at the forefront of state-level digital asset adoption in the United States.

WF Holding Ltd has officially announced its entry into the digital cryptocurrency sector, signalling a major shift in its long-term strategy focused on innovation and growth. As part of this move, the company has appointed Bull Coin Asset Management Limited as its official industry advisor to guide market research, technology assessments, and the development of compliance frameworks.






- 17:34Sources Say Significant Progress Made in Gaza Ceasefire TalksAccording to Jinse Finance, citing CCTV News, significant progress has been made in the latest round of Gaza ceasefire talks currently underway in Doha, the capital of Qatar. Israel's public broadcaster, quoting informed sources, reported that the parties are now focusing on the scale and positioning of Israeli military deployments in areas such as the "Philadelphi Corridor" and the "Morag Corridor" in southern Gaza. The talks have made major headway as the Israeli side has shown flexibility on this issue. The source revealed that the parties are expected to reach an agreement. Israeli media previously disclosed that, according to the latest withdrawal plan submitted by Israel to mediators, Israel will carry out a large-scale withdrawal from areas such as the "Morag Corridor" and make adjustments to troop deployments in other regions, representing certain concessions compared to previous withdrawal proposals.
- 17:03Bloomberg Analyst: Positive Signs Emerge for Spot Creation and Redemption Mechanism Approval in Bitcoin and Ethereum ETFsAccording to ChainCatcher, Bloomberg ETF analyst James Seyffart stated in a recent post that five funds listed on the CBOE have submitted amended documents to the SEC, indicating that regulators are actively communicating with fund providers and making detailed adjustments, possibly paving the way for a physical creation and redemption mechanism. It is worth noting that this mechanism applies only to authorized participants, such as major Wall Street institutions and market makers. Ordinary investors cannot directly exchange ETF shares for spot Bitcoin or Ethereum assets.
- 16:38With the Rise of Decentralized Derivatives Trading, USDC Supply on Hyperliquid Grows to 4.9 BillionAccording to ChainCatcher, citing The Block, the supply of USDC on Hyperliquid has grown significantly since the beginning of the year, doubling to 4.9 billion tokens. This expansion reflects the rising importance of decentralized perpetual contract trading platforms, with USDC serving as the primary settlement currency for derivatives trading on the platform. Hyperliquid has demonstrated strong trading momentum, processing over $150 billion in trading volume in July alone. The platform’s trading volume has reached 11.5% of a certain exchange, indicating its rapid emergence as a leading on-chain perpetual contract platform.