Binance will adjust the collateralization ratio for certain assets in the Unified Account section

July 7th. As reported by The Fintech Times, BBVA, Spain's second-largest bank, has commenced Bitcoin and Ethereum trading and custody services for retail customers via its mobile app. This move marks a further expansion of its regulated digital asset services within Europe. This service was launched following the filing for regulatory approval with the Spanish National Securities Market Commission (CNMV) in March 2025. It is currently accessible to all customers who have reached the legal age. The service enables customers to buy, sell, and hold cryptocurrencies within BBVA's existing digital banking framework. BBVA has seamlessly integrated this service into its own app, without depending on any third-party platforms or custody providers. Customers can initiate transactions independently, and the bank does not offer investment advice.

On July 7th, the FTX creditor representative Sunil updated the FTX claim distribution information on the X platform. It was indicated that the total amount of claims from restricted jurisdictions is $4.7 billion. Chinese investors are the largest group among the FTX creditors, holding a claim of $3.8 billion (accounting for 82% of the restricted claims). The claims with incomplete KYC (in the Bahamas) amount to $2.9 billion. The total amount of disputed claims is $6.6 billion. The total amount awaiting claim resolution solutions is $14 billion. And the estimated total amount of allowable claims is $110 billion.

On July 7th, the U.S.-listed company Hilbert Group AB announced that it has obtained more than 200 million Swedish Krona (approximately 21 million USD) in long-term financing from a U.S. institutional partner. This financial support will be partially utilized to back its previously declared cryptocurrency reserve strategy. The strategy is aimed at capitalizing on the growth opportunity of institutional adoption of Bitcoin and particularly maintaining a first-mover advantage among European listed companies.

July 7th, Maigang, the first investor in PopMart, recently stated in a podcast interview, "Bitcoin has been a highly significant experience in my career. On one occasion, when I attended a Renmin University alumni forum, the host asked me why I had a particular preference for Bitcoin when various prominent figures such as chief economists had not yet grasped or noticed it." Firstly, I am definitely not an outstanding student. Secondly, I am not a mediocre student either. The outcome is that I only retain the most crucial thing that my teachers taught me, which are those common-sense things or, to put it another way, truths. Therefore, when we studied courses such as Monetary and Banking and Economics that every (finance major) college student would take, from this perspective, observing Bitcoin is actually extremely straightforward. Of course, it definitely also involves a lot of interdisciplinary knowledge and so on. Comprehending it does not require you to hold a Ph.D. I believe th

July 7th. As per an official announcement, Binance Futures is set to list the MUSDT perpetual contract on July 7th, 2025, at 17:30 (UTC+8), and it will offer up to 50x leverage.

On July 7th, based on market data, the Hong Kong stock cryptocurrency sector witnessed a continuous rise in the afternoon. Guotai Junan International (01788.HK) saw an increase of more than 10%, with New Frontier Corporation (01611.HK), Huaxing Capital (01911.HK), Boyaa Interactive (00434.HK), and other stocks following suit.