1. As of July 25, BlackRock IBIT held more than 338,000 bitcoins, an increase of more than 1,092 bitcoins from the previous day.

Markus Thielen, CEO of 10x Research, wrote in a recent analysis report: "No one wants to short Bitcoin on weekends." He explained that Trump is expected to announce a plan for Bitcoin strategic reserves at the Bitcoin conference on July 27 (if he is elected president in November). Thielen believes that futures traders are not shorting Bitcoin because they are concerned that its price may soar due to this news.

OneMedNet, a US-listed company, has purchased $1.8 million worth of Bitcoin.

The Fractal Bitcoin expansion plan recently posted on the X platform, stating that the Fractal test network has not yet been opened to the public. It is expected to fully launch the test network in August, and the test network tokens have no actual value or incentive measures. It is reported that before the launch of the Fractal main network, the test network will undergo several resets, and the latest reset will take place on July 20th at 8 pm.

Ari Paul, Chief Information Officer of BlockTower Capital, said that the idea of the US government holding Bitcoin as a strategic reserve could be beneficial for its price, but it is not realistic in the short term. I am against the idea of the US using Bitcoin as a strategic reserve in the next four years at a 10:1 odds. However, Paul further explained that Trump may say this, which would be very beneficial for Bitcoin's medium-term trend. Although the next president may say they do not plan to sell any Bitcoin currently held by the government, this does not mean they actually "establish a Bitcoin strategic reserve".

According to data, the current Bitcoin network transaction fee is 6 satoshis/byte, with medium priority temporarily reporting 6 satoshis/byte and high priority also temporarily reporting 6 satoshis/byte.

10x Research stated that the target for Bitcoin's decline to $55,000 has been reached. As Bitcoin seems oversold in the short term, a rebound may occur, and macroeconomic benefits are expected to emerge next week. In addition, the SEC may approve the Ethereum ETF, which could trigger a positive trend in the short term. However, they believe that it is not a significant buying opportunity in the medium term.

According to on-chain analyst Yu Jin, 8 hours ago the marked German government address received a transfer of 700 BTC, worth approximately $40.47 million, and the address is believed to belong to a certain asset management institution that will disperse the transfer to CEX such as Coinbase, Kraken, and Bitstamp.

According to the latest data from Baidu's hot search list, "When will Bitcoin fall?" ranked 10th on the Baidu hot search list. The market shows that the current Bitcoin price has reached $57,873.42, with a 24-hour increase of 2.5%.

On July 6th, Deribit's Asia-Pacific business director, Lin Chen, posted on X platform that today's largest BTC bulk option: someone paid a premium of $1.397 million to purchase 250 BTC call options with a strike price of $85,000 expiring at the end of March next year.