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A crucial week for Cryptos! Six major events and two key investment themes to watch.
The crypto market is set to experience another pivotal week.
This week, the crypto market will see a series of significant events, including the 10th anniversary of Ethereum, the release of the first major U.S. report on cryptocurrency policy, the official implementation of Hong Kong's stablecoin regulations, and the release of earnings reports from various cryptocurrency-related stocks. The crypto market is set to experience another pivotal week.
This week, the crypto market will see a series of significant events, includingthe 10th anniversary of Ethereum, the release of the first major U.S. report on cryptocurrency policy, the official implementation of Hong Kong's stablecoin regulations, and the release of earnings reports from various cryptocurrency-related stocks.
Among these, two policy-related events—the release of the first significant report on U.S. cryptocurrency policy and the official implementation of Hong Kong's stablecoin regulations—deserve special attention from investors.
The first significant report on U.S. cryptocurrency policy was released on July 30:This report aims to implement President Trump's executive order signed in January, which is focused on enhancing the U.S. leadership in the cryptocurrency sector. The report is expected to include regulatory and legislative recommendations, but the specific content remains unclear.The original tasks of the working group included developing a federal digital asset framework covering stablecoins (a process already initiated by Congress) and exploring the possibility of establishing a national digital asset reserve (which President Trump established in March).
Hong Kong's Stablecoin Regulations took effect on August 1:The Hong Kong Monetary Authority plans to publish a summary of the 'Stablecoin Issuer Licensing Regime' this week (starting July 28th), providing applicants with more detailed guidelines, clarifying the specific requirements for stablecoin issuers in terms of anti-money laundering, reserves, and information disclosure.
Furthermore,This year, cryptocurrency concept stocks have been widely sought after by the market, and their performance will be released soon, allowing investors to gain insights into the impact of recent cryptocurrency trends on these companies' business operations. $Robinhood (HOOD.US)$、 $Coinbase (COIN.US)$、 $Strategy (MSTR.US)$Investors can glean insights into the recent trends in cryptocurrencies and their impact on these companies' business operations from the upcoming financial results.
Looking ahead to this week, which companies in the Hong Kong and U.S. stock markets are worth watching?
Previously,Trump's Big Move! $9 Trillion in Pensions May Flow into the Cryptos Market, Which Concept Stocks Are Expected to Boom?A previous article pointed out that, in addition to Bitcoin and Ethereum, concept stocks related to cryptos in the Hong Kong and U.S. stock markets, including stablecoins, coin-holding companies, and mining companies, are worth watching.
Looking ahead to this week, due to the release of key policies from China and the U.S., the 10th anniversary of Ethereum, and the upcoming earnings reports of cryptos-related concept stocks, investors can pay more attention to the trends of stablecoin concept stocks and coin-holding stocks.In the current Capital Markets of China and the U.S., stablecoins have become a hot topic. This week, the first important report on cryptocurrency policy in the U.S. and the official implementation of Hong Kong's stablecoin regulations are particularly significant.
Stablecoin concept stocksIn the current Capital Markets of China and the U.S., stablecoins have become a hot topic. Particularly, this week, the first major report on cryptocurrency policy in the U.S. and the official implementation of Hong Kong's stablecoin regulations are the top priorities.
Futubull has organized the stablecoin industry chain in both the US and China for mooers to reference:
Specifically, in the US market, $Circle (CRCL.US)$ there is no doubt that Circle, which issues the USDC stablecoin, is the leading player. USDC currently holds a 29% market share, second only to Tether's USDT.
Cryptocurrency exchanges include $Coinbase (COIN.US)$ 、 $Robinhood (HOOD.US)$ ; traditional financial institutions and payment platforms include $Fiserv (FISV.US)$ 、 $PayPal (PYPL.US)$ 、 $Visa (V.US)$ 、 $JPMorgan (JPM.US)$ 、 $Bank of America (BAC.US)$ 、 $Citigroup (C.US)$ 、 $Wells Fargo & Co (WFC.US)$ These companies are actively embracing the stablecoin sector;
Furthermore, the fintech company $SoFi Technologies (SOFI.US)$ plans to relaunch Bitcoin and Ethereum trading, and will also introduce a blockchain-based cross-border remittance service; in the future, it will further expand into stablecoin trading, provide lending services collateralized by cryptos, expand payment options, and introduce new staking features.
In the Hong Kong stock market, Currently, in the Hong Kong market, Circle Internet Financial, JD.com's blockchain, and Standard Chartered Bank's joint venture have entered the sandbox pilot phase, while Ant International and Ant Technology have confirmed their application for a license; $JD.com (JD.US)$ ZA Bank is the first bank in Hong Kong to announce that it will engage in stablecoin custody business, possessing strategic, ecosystem, technological, and equity-related advantages. In addition to reserve banking business, its potential profit models may also include distribution and virtual asset trading business.
Cryptocurrency exchanges such as $OSL GROUP (00863.HK)$、 $GUOTAI JUNAN I (01788.HK)$ These developments are worth noting; furthermore, at the application level, $LIANLIAN (02598.HK)$ 、 $YEAHKA (09923.HK)$ 、 $LINKLOGIS-W (09959.HK)$ have recently shown a good performance.
In addition, the RWA asset side $GCL TECH (03800.HK)$ 、 $VOBILE GROUP (03738.HK)$ 、 $DL HOLDINGS GP (01709.HK)$ as well as the technical aspect $OKG TECH (01499.HK)$ 、 $BITFIRE GROUP (01611.HK)$ Investors should take note of this.
holdings in stocksThis year, from finance to technology, and from medical to entertainment, an increasing number of publicly listed companies are following the Strategy path by incorporating cryptocurrencies such as Bitcoin (BTC), Ethereum (ETH), Solana (SOL), and Tron (TRX) into their balance sheets, initiating a capital game of revaluation.
This may be due to the background of relaxed cryptocurrency regulation in the United States. This year, U.S. President Trump has actively embraced cryptocurrencies, vowing to make the U.S. the 'cryptocurrency capital of the world.'He appointed cabinet members who are friendly towards cryptocurrencies, and Congress has advanced legislation that could integrate cryptocurrencies into the mainstream financial system.
From the perspective of Capital Markets, since the beginning of this month, Ethereum reserves have become the new market trend.As the 10th anniversary of Ethereum approaches, Ethereum prices briefly approached $4,000, and related holding stocks also soared.
Futubull has compiled the current status of cryptocurrency treasuries and holdings in the U.S. stock market for investors' reference:
Specifically,holdThe companies with the largest holdings of Bitcoin (excluding mining stocks) include $Strategy (MSTR.US)$ 、 $Twenty One Capital (XXI.US)$ 、 $Trump Media & Technology (DJT.US)$ 、 $Galaxy Digital (GLXY.US)$ 、 $Tesla (TSLA.US)$ 、 $Coinbase (COIN.US)$ 、 $Block (XYZ.US)$ 、 $Next Technology (NXTT.US)$ 、 $Semler Scientific (Delisted) (SMLR.US)$ 、 $ProCap Financial (BRR.US)$ 、 $GameStop (GME.US)$ 。
However, the integration of traditional finance and the crypto world is a unique market variable in this cycle.As publicly listed companies transform their balance sheets into platforms for crypto assets, we must also be wary of the risks when the tide recedes.As publicly listed companies transform their balance sheets into platforms for crypto assets, we must also be wary of the risks when the tide recedes.
Risk Disclaimer: The above content only represents the author's view. It does not represent any position or investment advice of Futu. Futu makes no representation or warranty.Read more
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