U.S. 4-Month Treasury Auction Bids-to-Cover Ratio as of July 23

The New Threat in the Encryption World: The Rise and Dangers of Drainer Software The cryptocurrency sector is facing a new threat - Drainer software. This malicious program is specifically designed to illegally drain cryptocurrency wallets, and its developers provide the service for rent, allowing anyone to pay to use this dangerous tool. This article will explore several representative Drainer software, analyze their operating modes and the harm they cause to users, aiming to raise awareness of phishing threats. Operation mode of Drainer Although there are many types of Drainers, their basic principles are mostly similar - using social engineering techniques, such as forging official announcements or airdrop activities, to lure users into falling for scams. Airdrop Claim Scam Some gangs promote services through Telegram channels, operating under a "scam-as-a-service" model. They provide phishing tools for scammers.

Crypto Weekly Report (6.15-6.22): Geopolitical Risk Escalation Affects Crypto Market Trends This week, the crypto asset market has experienced complex environmental changes. Continued inflow of institutional funds, rising caution in the derivatives market, and a sudden escalation of geopolitical risks have intertwined to affect market trends. Bitcoin fluctuated in the range of 102,000 to 109,000 USD. Over the weekend, there was a brief panic sell-off influenced by the escalating situation in the Middle East, followed by some recovery. The internal structure of the crypto market remains stable, serving as an important factor supporting prices. However, the intensification of geopolitical conflicts has led short-term traders to price Bitcoin downwards. The future trend of Bitcoin will largely depend on the developments in the Middle East situation. If the conflict gradually eases, Bitcoin is likely to return to around $105,000. Policies, macrofinance, and economic data this week

The crypto market has recently shown signs of recovery, rebounding due to easing inflation in the United States. On the technical side, the ETH merge is receiving significant attention, with short-term narratives outperforming Bitcoin. Meanwhile, meme coins like DOGE and SHIB are active, indicating a potential new market trend. Future developments to look forward to include emerging narratives like Layer 2 and privacy DeFi.

Stablecoin Market Landscape: A Comprehensive Analysis of 12 Public Chain Ecosystems In 2025, stablecoins have become one of the most prominent areas in the cryptocurrency market. As of May 22, the total market capitalization of stablecoins has exceeded $245 billion, showing a rapid growth trend. Behind this is the fierce competition among major public blockchains. Stablecoins are not only an important indicator of asset liquidity but also a key factor in measuring the recognition of the public blockchain market. This article will conduct an in-depth analysis of the stablecoin data of the top 12 public blockchains, outlining a panoramic view of the development of public blockchain stablecoins. Ethereum: The growth of USDC helps maintain its leading position The market capitalization of Ethereum's stablecoins has reached 122.5 billion USD, accounting for 50% of the total issuance of all stablecoins. USDT remains the highest proportion stablecoin on Ethereum, accounting for about 50%. However, from the perspective of USDT, its issuance on Ethereum is showing a downward trend at the beginning of 2025. Data shows that in 2024, U

The stablecoin market is rising against the backdrop of an overall sluggish Crypto Assets environment, with a current total market capitalization of $230.45 billion, demonstrating its significance in the payment sector. Stablecoins are reshaping the global payment landscape, offering advantages of low cost and fast speed, particularly showing potential in emerging markets. Regulatory attitudes will be a key factor in future development.