Money2 is a new financial system powered by stablecoins and DeFi. With $225 billion in stablecoins and code-based contracts replacing banks, Money2 is already changing how value moves.

BlockBeats News, July 31st, CryptoQuant analyst Axel stated, "The dominant force of new investors is constantly growing, but there is still room before reaching extreme levels. This means that the market still has upside potential, and the bullish momentum is expected to continue until the typical euphoric range (over 60-70%) is reached."

BlockBeats News, July 31st, according to CryptoQuant data, the trading volume of altcoins and Ethereum (ETH) futures reached $223.6 billion, hitting a new 5-month high.

BlockBeats News, July 31st, BODL Ventures Partner Liu Feng, speaking as a guest on BlockBeats' "Content Coin: Hype, Hope, or the Second Spring of Creator Economy?" themed Space, expressed that the vision of content coins should not only focus on the present moment. The future may see an explosive period where tens of billions of tokens are issued daily, described with a popular term as "emergence," similar to how AI suddenly made breakthroughs during continuous "emergence." Perhaps by then, all new content creation, new forms, new modes of dissemination, and the so-called use cases will truly emerge. At present, we should bravely envision this scenario, which may shatter all of our imaginations. Looking back at the nearly 30-year evolution of the internet, it was the same. It's not that the current content is too trashy; it's that we haven't created enough. A miracle can happen when we go all out. Without quantitative change, where does qualitative change come from? Quantity change is the best vessel for innovation.The current Space has ended. Please feel free to listen to the recording playback.

BlockBeats News, July 31st, according to strategicethreserve data, three companies, Bitmine, Sharplink Gaming, and The Ether Machine, hold more ETH than the Ethereum Foundation. Among them:Bitmine Immersion Tech (BMNR) ranks first, currently holding 625,000 ETH;SharpLink Gaming (SBET) ranks second, currently holding 438,200 ETH;The Ether Machine ranks third, holding 334,800 ETH;The Ethereum Foundation ranks fourth, holding 234,600 ETH.

According to Lookonchain data from PANews on July 31st, 10 Bitcoin ETFs saw a net inflow of 9 BTC (worth $1.02 million) today. iShares (Blackrock) saw a single-day inflow of 295 BTC (worth $34.83 million), bringing its total holdings to 740,896 BTC (worth $87.41 billion). On the same day, nine Ethereum ETFs saw a net outflow of 613 ETH (worth $2.31 million). Fidelity saw a single-day outflow of 5,991 ETH (worth $22.62 million), bringing its total holdings to 678,883 ETH (worth $2.56 billion).

BlockBeats News, July 31st, according to RockFlow market data, the S&P 500 Index futures' gain expanded to 1%, with the latest trading at 6460.53 points.

PANews reported on July 31st that xTAO, a publicly listed company focused on Bittensor, announced it holds 41,538 TAO tokens, valued at approximately $16 million, making it the largest holder among publicly listed companies. xTAO, led by Karia Samaroo, founder of the crypto exchange WonderFi, will use its TAO assets to expand validator operations and develop the Bittensor ecosystem infrastructure. By staking TAO, xTAO can earn an annualized return of approximately 10%. Bittensor reportedly combines AI and crypto technology, allowing users to contribute intelligence to optimize the AI system and earn TAO rewards.Last week, xTAO, a Bittensor ecosystem company, announced it would go public in Canada, raising $22.8 million from DCG and other institutions.

BlockBeats News, July 31st, according to Decrypt's report, South Korean blockchain company DaWinKS has partnered with the Kaia DLT Foundation to launch a stablecoin ATM supporting USDT cash redemption. The ATM supports cash withdrawals of USDT issued on the Kaia chain and is currently available in various tourist and retail locations. This ATM can only be used by users holding foreign passports and supports the exchange of 85 fiat currencies or recharge to local transportation cards. The project operates under South Korea's "regulatory sandbox" framework and is currently not open to local residents.

PANews reported on July 31st that infrastructure provider Ankr announced the official launch of its Etherlink RPC service, allowing developers to connect to the Etherlink blockchain without having to build a node, allowing them to quickly develop dApps. Etherlink is an EVM-compatible Layer-2 blockchain based on Tezos technology, with transaction confirmation times of less than 500 milliseconds and fees as low as $0.001. Through Ankr's RPC service, users can directly access on-chain data, such as conducting transactions and checking balances. It also offers advanced features such as dedicated endpoints, prioritized requests, and WebSockets support.

BlockBeats News, July 31st, the cryptocurrency exchange Gate has officially joined the Global Markets Alliance established by Ondo Finance. This collaboration is an important step towards bringing real-world assets (RWA) onto the blockchain, supporting the alliance in modernizing access to capital markets through tokenization technology.With over a decade of industry experience and more than 33 million users worldwide, Gate can bring to the alliance strong professional capabilities and extensive global outreach. For Gate, tokenized stocks are just the beginning. By partnering with key industry players, Gate is committed to unlocking broader investment access, higher liquidity, and more diverse investment opportunities for global users.

According to PANews on July 31st, stablecoin ATMs supporting USDT cash exchanges have opened at select tourist and retail locations in South Korea. These machines are operated jointly by DaWinKS, a South Korean blockchain company, and the Kaia DLT Foundation, and support Kaia-issued USDT.Users can withdraw funds into 85 fiat currencies or load them onto local transportation cards. While unavailable to local residents, this move reflects South Korea's growing acceptance of digital asset payments. Currently, South Korea's regulatory framework for stablecoins has yet to be unified, and the ruling and opposition parties are debating related legislation. The proposed Digital Asset Infrastructure Act, promoted by President Lee Jae-myung, would allow qualified companies to issue won-pegged stablecoins to control capital outflows.

PANews reported on July 31st that Greg Xethalis, General Counsel of Litecoin Capital, stated on the X platform that the CBOE has submitted an application for universal listing standards for crypto asset ETPs, and the New York Stock Exchange and Nasdaq are expected to follow suit soon. The new rules allow crypto asset ETPs whose underlying contracts have been listed on designated contract markets for at least six months to be listed on exchanges, and also support staking. The Solana ETP is expected to be approved by October 10th at the latest, with the XRP ETP expected slightly later. Both are expected to launch in the fourth quarter.Bloomberg ETF analyst Eric Balchunas tweeted that the U.S. Securities and Exchange Commission (SEC) has issued "listing standards" for crypto ETPs (exchange-traded products) through new exchange filings. Any token tracked by futures on the Coinbase derivatives exchange for at least six months will be approved, covering approximately a dozen major cryptocurrencies. Tokens without futures or emerging meme coins will need to go through separate regulatory processes. The market anticipates approval in September or October.

PANews reported on July 31 that according to Ember, 10 minutes ago, a wallet of FTX/Alameda Research deposited 20,736 ETH (about 78.96 million US dollars) into Ethereum PoS for staking.

According to PANews on July 31, Microsoft (MSFT.O) saw its US stock price rise 8% in the evening session. If this upward trend can be maintained until Thursday's opening, it will become the second company after Nvidia (NVDA.O) to have a market capitalization exceeding $4 trillion.

BlockBeats News, July 31, according to ChainNews, a whale/institution has been continuously accumulating 5774 MKR (approximately $11.84 million) through FalconX in the past 13 days, with an average price of $2051.

BlockBeats News, July 31st, Bloomberg ETF Senior Analyst Eric Balchunas stated on social media that the U.S. Securities and Exchange Commission (SEC) has released a new trading platform filing for cryptocurrency ETPs, outlining the "listing standard."The key takeaway is: any token listed on the Coinbase derivatives trading platform with futures trading ongoing for more than 6 months is likely to receive approval. Currently, there are about a dozen mainstream coins that meet the standard, similar to those with a predicted probability of over 85% before. The only remaining issue is the timing, with these ETFs potentially being approved in a concentrated manner between September and October of this year.For altcoins or meme coins (such as BONK, TRUMP) that have not yet launched futures, to be ETF-ized, they will need to rely on the path of the "Investment Company Act of 1940" and adopt a different product structure. However, based on historical experience, regulators tend to prefer the "pure spot" ETF model based on the Securities Act of 1933.Note: The SEC has announced the listing standard for cryptocurrency ETPs, but when it comes to this upcoming batch of cryptocurrency products, most will adopt an ETF structure.

BlockBeats News, July 31st, according to Onchain Lens monitoring, trader AguilaTrades was liquidated 4 times in a row, but then slightly increased their Bitcoin position. As of now, AguilaTrades has lost approximately $1.93 million in this trade, with a total cumulative loss exceeding $38.7 million.

PANews reported on July 31 that OKX market data showed that BTC had just fallen below $117,000 and was currently trading at $116,977.70 per coin, down 0.87% on the day.

BlockBeats News, July 31st, analyst Chris Anstey stated that Powell mentioned, "There is still plenty and plenty of uncertainty to work through. Yes, we are indeed getting more data all the time. But it feels a ways away right now, the end of that process. I think there's a lot that's going to happen out there." This statement leans hawkish.Fed Chair Powell also noted that it is not possible to make a decision six weeks from now based on the June forecasts (dot plot). His personal take is that we are in a modestly restrictive range, but there is a range of views on that. (FXStreet)