Odaily Planet Daily reports that EU High Representative for Foreign Affairs and Security Policy, Kalas, stated that sanctions have been imposed on over 100 banks and cryptocurrency operators, more than 40 shadow fleet vessels, and several oil refineries in Russia and Belarus. (Jinshi)

Odaily Planet Daily reports that EU High Representative for Foreign Affairs and Security Policy, Kalas, stated that sanctions have been imposed on over 100 banks and cryptocurrency operators, more than 40 shadow fleet vessels, and several oil refineries in Russia and Belarus. (Jinshi)

According to Odaily Planet Daily, the Shenzhen Branch of the People's Bank of China, the Shenzhen Securities Regulatory Bureau, the Shenzhen Internet Information Office, and the Shenzhen Local Financial Regulatory Bureau have continued to carry out in-depth special rectification campaigns, urging local website platforms to strictly implement their main responsibilities and legally and contractually dispose of a number of illegal and non-compliant self-media accounts. Some typical cases include accounts such as "USDT Merchant Exchange Group," "Let's Play Virtual Currency Together," "Search for Bitcoin," "Micro-Branch Quick Exchange," "Zhonglian Laojiu," "Yaosui Ge Haojue," "Xiaojinyu9884," and "User 0767527971," which illegally provided marketing and promotional information related to virtual currency business activities to the public, inducing the public to participate in illegal virtual currency financial activities. In accordance with the "Notice on Further Preventing and Handling Risks Related to Virtual Currency" and other relevant policies, the above-mentioned accounts have been permanently closed by the platforms in accordance with laws and contracts.

According to Odaily Planet Daily, Bitwise Chief Investment Officer Matt Hougan stated in an article on the X platform that the crypto market has shown signs of bottoming out. Since July 1st, Bitcoin has risen by 9%, while the Nasdaq 100 index has fallen by 6%, ETF inflows have turned positive, and market sentiment is improving. He further stated that the next bull market in crypto should focus on Hyperliquid (HYPE) and Robinhood (HOOD), as they are exemplary in combining traditional finance and cryptocurrency. Hyperliquid is a crypto-financial application with real revenue and a sound token economic model, while Robinhood is an outstanding company among existing firms building a business on crypto technology.