TokenSherpa

According to reports, the MVRV ratio of short-term holders is 1.15, below the profit-taking threshold of 1.35, indicating that Bitcoin still has a 20%-25% pump potential, providing bullish opportunities.

[Coin World] Nail salon operator Convano Inc (6574.T) has officially launched its Bitcoin financial strategy and plans to purchase BTC worth 400 million yen (approximately 2.7 million USD) in July. The company has established a dedicated "Bitcoin Strategy Office" led by director Taiyo Azuma.

SBI Holdings, which holds a 90% stake in the Crypto Assets market maker B2C2, is seeking external investors to raise up to $200 million to help SBI Holdings reduce its stake. Both B2C2 and SBI Holdings declined to comment on the matter.

On July 17, according to data from the data platform, the net inflow of the U.S. Ethereum Spot ETF yesterday ($779.6 million) was the highest record since its launch. The previous highest net inflow record occurred on December 5, 2024, when the net inflow reached $428 million.
According to data from the platform, the network issued an additional $6.74 million worth of Ether in the past 24 hours, while the US Spot Ether ETF purchased nearly 107 times the issuance on Wednesday.

[Coin World] On July 17, it was reported that the Gemini 2.5 Pro model has officially launched in Google's AI mode, bringing users a more powerful intelligent experience. This model features advanced reasoning capabilities, capable of solving complex mathematical problems and providing detailed learning links. Currently, this feature is available to Google AI Pro and AI Ultra subscriptions. Users can select the 2.5 Pro model from the dropdown menu in the AI mode tab to experience the latest features.

Recent 4-hour Candlestick shows a significant fall in price followed by a rebound, with increased volume and an active market. Technical indicator analysis indicates strong bullish traders' strength, with buy recommendations at 164.95 and 157.6206, sell points at 172.0 and 176.46, support level at 156.0, and resistance level at 172.0.

On July 17, House Speaker Johnson stated that the Republican Party agrees to promote encryption legislation.

[Coin World] According to monitoring, a certain Whale/institution continued to withdraw 7,980 ETH from a certain platform 5 hours ago, totaling 12.686 million dollars (. Since the 10th, this Address has withdrawn a total of 88,292 ETH from the platform, amounting to 2.5 billion dollars ), with an average price of $2,831. Currently, there are unrealized gains of $49.5 million.

On July 17, according to encryption reporters, the U.S. Senate Banking, Housing and Urban Affairs Committee is delaying the release of the market structure discussion draft originally scheduled for tomorrow.
The idea is to wait and see what happens in the House of Representatives, and then reconsider the bill when the situation becomes clearer, people familiar with the matter said.

[Coin World] News on July 17, according to reports, a wallet "0x0277" suspected to be related to an investment company withdrew 4,000 ETH from a certain platform early this morning, valued at approximately 12.93 million dollars.

[Coin World] Fed's Williams: Inflation would be close to 2% without tariffs. The impact of tariffs has been mild so far, but it will continue to expand in the future, which is not surprising.

On July 17, the Fed released the economic conditions beige book: from the end of May to early July, economic activity saw a slight rise. The economic outlook is generally neutral to slightly pessimistic, with only two regions expecting economic activity to rise, while other regions anticipate that economic activity will remain flat or slightly weaken. Prices are generally rising across regions, with seven regions describing price increases as moderate and five regions describing them as moderate, which is consistent with the last report.

[Coin World] U.S. President Trump denied drafting a letter to fire Fed Chair Powell but revealed that he discussed the "concept of firing (Fed Chair Powell)" with Republicans, unless there was fraud during the renovation process.

On July 16, according to market data, the three major U.S. stock indexes continued to decline, with the Nasdaq falling over 0.6%, the S&P 500 index down 0.5%, and the Dow Jones down 0.46%.

According to CBS News on July 16, multiple direct sources revealed that Trump asked a group of House Republicans on Tuesday whether he should fire Fed Chairman Powell, and those present agreed. Several insiders stated that Trump has given hints of action.
The president's practice of firing the Fed chairman has no legal precedent—federal law stipulates that the Fed chairman can only be dismissed for "just cause." This move could have serious negative impacts on the financial markets. Government insiders told CBS that Trump has mentioned the possibility of dismissing Powell for "just cause" in both public and private statements, but the White House has not yet formally established a legal basis.

According to market data, the TRX version of the micro-strategy SRM Entertainment, a company listed on the US stock market, has seen its intraday rise expand to 30%, with the stock price currently reported at 8.8 USD and a volume of 58.3 million USD.
SRM Entertainment has officially been renamed to Tron Inc, and will also change its stock code from SRM to TRON on NASDAQ starting from July 17, 2025. Tron previously announced that it would go public through a reverse merger and initiate a TRX strategic reserve, and SRM has staked all its TRX to earn staking rewards.

[CoinWorld] On July 16, according to data from a data platform, crypto assets market maker Cumberland transferred 31,775 Ethereum (ETH) to a certain trading platform, worth approximately 101 million dollars.

On July 16, a reporter revealed on a social platform that the Solana liquidity protocol Orca plans to launch a Launchpad by the end of July or early August. The focus of this product will be on a new mechanism developed by Orca that will give humans an advantage over Bots.

Canadian listed company Belgravia Hartford announced the issuance of $5 million convertible guaranteed bonds and completed a nearly CAD 4 million private sale, which is planned to be used to expand its Bitcoin treasury strategy. On June 9, 2025, the company made its first trade by purchasing 4.861 Bitcoins for $500,000, at an average price of $102,848.29 per coin.

[Block Rhythm] On July 16, U.S. House Financial Services Committee Chairman Hill: We have enough votes to push the stablecoin bill, and the House has the votes to advance three crypto asset measures.