July 16th Overview of Important Developments in the Cryptocurrency Circle:

Tether Treasury has minted 31 billion USDT in the past year

Bloomberg ETF Analyst: Spot Ethereum ETF may be launched on July 23

Coinbase, Ripple and a16z will attend the Republican and Democratic National Conventions

Kraken: Received creditor funds from Mt.Gox trustee

BlackRock IBIT market value returns to above $20 billion

US Republican Party officially nominates Trump as party presidential candidate

Powell: If we wait until inflation drops to 2% before starting to cut interest rates, we will wait too long

Goldman Sachs: The Fed has good reasons to cut interest rates in July

Three addresses containing more than 140 million USDT on the Tron chain are frozen

Musk-backed pro-Trump super PAC raised $8.8 million in Q2

The top 100 "dirtiest" Bitcoin wallets hold more than $88 million worth of BTC

Hong Kong Treasury Department: Stablecoin issuers must comply with three main requirements: full reserves, redemption services, and governance

Former Galaxy executives embezzled at least $3.67 million of investor funds from Zero Edge, which they founded, and the victims included Galaxy

Matrixport: Bitcoin ETF buying gradually shifts from institutions to retail investors

Gemini founder donates another $500,000 to Trump campaign

Mt.Gox trustee: BTC and BCH have been repaid to some creditors through designated exchanges today