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Share link:In this post: Japan’s $3.5 billion 40-year bond sale had the weakest demand since July 2024, with a bid-to-cover ratio of 2.2. Yields rose to 3.37% after the auction, reversing Tuesday’s drop sparked by speculation of reduced issuance. Last week’s poor 20-year bond auction and Ishiba’s Greece comparison intensified long-term fiscal concerns.
Share link:In this post: USD1 is expanding its impact, creating a new trend of meme token activity on BNB Smart Chain. BUILDon is the main asset to benefit from USD1 liquidity, while boosting the stablecoin’s profit. Wintermute has moved USD1 to several large-scale wallets, potentially preparing for growing activity.
Long-term macro cycle charts project Dogecoin price could surge between $3 and $12 if historical patterns repeat. DOGE is forming a rounded bottom on the monthly chart, similar to past setups that led to major rallies. TD Sequential on the hourly chart issued a buy signal, suggesting a short-term DOGE rebound from $0.224.
Quick Take The SEC’s decision to wind down its aggressive enforcement campaign against crypto does not mean people can do whatever they want in the space, said Republican Commissioner Hester Peirce. Peirce also spoke about the SEC’s role as a supervisory and disclosure agency on Thursday, and called for regulatory consistency when it comes to investor losses.
Quick Take OpenSea said that it is still working on its anticipated SEA TGE, but that certain feature releases must be in place before launching the token. OpenSea’s OS2 platform has also exited beta, launching a new “Voyages” rewards program alongside the public release.
- 10:22Hong Kong FSTB Secretary Christopher Hui: Stablecoins Should Not Be Used for Short-Term Speculation but for Long-Term Strategy, with Asset Tokenization as the Next StepAccording to a report by Jinse Finance, Hong Kong Financial Services Development Council Chairman Laurence Li recently stated at the annual report press conference that stablecoins should not be used for speculation, and the digitalization of asset markets is a long-term endeavor. Stablecoins are meant to play a stabilizing role and should not be viewed with short-term thinking. He believes that Hong Kong's current pace of development is ahead of other financial centers. Li also revealed that stablecoins are one component of the digitalization of Hong Kong's financial markets, enabling the tokenization of intermediary currencies in transactions. He expects that the next step will be the tokenization of various assets, but emphasized that this development will take time and comprehensive tokenization will not happen in the near future.
- 10:17Yilihua: ETH Will Continue to Outperform BTC in This CycleAccording to Jinse Finance, LD Capital founder Li Hua Yi stated: “ETH has broken through 3700. The weakness of the past few years has made people forget ETH’s strong outperformance over BTC during the bull markets of 2017 and 2020. In this cycle, our conviction that ETH will continue to outperform BTC has already been validated. In a bull market, don’t go short—at the very least, hold ETH, and you won’t miss out on this rally.”
- 09:33A Certain Whale Profits from All Six Recent Long Positions on ETH, with Total Gains Approaching $3 MillionBlockBeats News, July 20 — According to monitoring by Lookonchain, whale 0xd5ff closed its ETH long position on HyperLiquid an hour ago, locking in another $1.7 million in profit. Over the past four days, this whale has executed six profitable ETH long trades, achieving a 100% win rate and total profits approaching $3 million.