Encryption Industry News

Regulation and Macroeconomics

Next week, the United States will announce several important economic data, including PMI and non-farm payroll reports. The market expects that the non-farm payrolls in June will increase by 129,000, and the unemployment rate will remain at 4.2%. If the data performs well, investors may lower their expectations for interest rate cuts, and the US dollar is expected to rebound.

The U.S. Senate passed a procedural motion to advance the "Big and Beautiful" bill with 51 votes in favor and 49 against. The bill includes several tax cuts and spending reduction measures and is expected to be submitted to the President for signing before July 4.

Project Progress

A trading platform has launched the Rekt (REKT) token. Users holding at least 170 platform points can participate in the airdrop of 140,230,000 REKT tokens, on a first-come, first-served basis.

A certain cryptocurrency exchange has been selected for Time magazine's "100 Most Influential Companies in the World" list for 2025. The exchange's revenue this year has surpassed $2 billion and it has become the first cryptocurrency stock to be included in the S&P 500 index.

The Iranian exchange Nobitex has begun to gradually restore the display of user wallet balances, starting with the spot wallets of verified users. Previously, the exchange lost approximately $81.7 million across multiple chains.

Data and Analysis

In the past 7 days, the NFT trading volume increased by 8.17% to $125.1 million, among which the trading volume on the Ethereum network rose by 31.77%. The trading volumes on multiple networks such as Immutable and Polygon also saw growth.

According to reports, at least 75 cryptocurrency thefts occurred in the first half of 2025, resulting in a total loss of $2.1 billion, almost equal to the total for the entire year of 2024. Among them, a $1.5 billion hacking incident on a certain platform in February accounted for nearly 70% of the total losses.

Another report pointed out that the market size of risk asset tokenization ( RWA ) grew by 85% year-on-year to $24 billion, becoming the second fastest-growing sector after stablecoins. Private credit is the largest area of RWA tokenization, reaching $14 billion.

A survey shows that 27% of South Koreans aged 20-50 hold encryption, accounting for 14% of their total financial investment portfolio. 70% of respondents expressed interest in expanding their investments. Bitcoin remains the preferred choice, with 60% of investors holding Bitcoin.