[Golden Morning News | Overview of Important Overnight Developments on July 2] 21:00-7:00 Keywords: computing power, Paxos, Circle 1. Bitcoin computing power has dropped to the level of December 2022; 2. Paxos has been approved by the Monetary Authority of Singapore to issue stablecoins; 3. Analysis: Coinbase Premium Index shows that Bitcoin prices may have bottomed out; 4. Bloomberg ETF Analyst: GBTC and EETH have returns of 62% and 44% respectively in the first half of the year; 5. The US Democratic Party is considering nominating Biden in advance to eliminate rhetoric within the party about replacing presidential candidates; 6. Circle Co-founder: USDC and EURC are already in compliance with the EU's new stablecoin regulations MiCA; 7. The US DOJ paid Coinbase $32.5 million for cryptocurrency custody and trading services; 8. The US SEC has confirmed receipt of the 19b-4 application for the Hashdex Nasdaq Crypto Index US ETF; 9. Silvergate will pay $63 million to reach a settlement with the US SEC, the Federal Reserve and California regulators.