BYDFi Daily Announcement Thread: July 17, 2025
Crypto Industry Update
🔸Fourth Paradigm (HK-listed AI firm) plans to raise over HK$1.3B via 25.9M share placement—funds aimed at RWA and stablecoin initiatives.
🔸France proposes using surplus nuclear energy to power Bitcoin mining operations.
🔸CME considers launching 24/7 crypto trading—but explicitly rules out Meme coins.
🔸U.S. SEC delays decision on Bitwise’s BTC and ETH ETF redemption mechanisms.
🔸Tether Treasury mints 2B USDT on Ethereum chain.
Trending Now
🔹BTC drops below $118,000, still up 0.26% in 24h.
🔹U.S. spot Bitcoin ETFs recorded $799.5M in net inflows yesterday.
🔹ETH spot ETFs hit a record $727M in net inflows—highest daily amount ever.
Posted Jul 17, 2025, 8:35 AM UTC
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