AiCoin Daily Report (July 22)

1. Fed Chairman Powell faces criminal charges from Trump allies

On July 22, Fox News reported that Fed Chairman Powell faced criminal charges from Trump's allies in the House.

2. Strategy has launched a new preferred stock plan to raise funds for increasing Bitcoin holdings.

Strategy (formerly MicroStrategy, stock code MSTR) announced on Monday the launch of its fourth preferred stock product "Stretch" (STRC). This perpetual preferred stock plan will issue 5 million shares, each with a par value of $100 and an initial annual dividend rate of 9%, paid monthly. The company intends to use the raised funds for corporate operations and to increase its Bitcoin holdings. Earlier that day, Strategy announced the acquisition of 6,220 Bitcoins for $739.8 million, bringing its total holdings to over 607,700 Bitcoins. The newly launched STRC stock features a floating dividend rate, forming a product matrix with the previously issued fixed-rate preferred stocks STRK (8%), STRF (10%), and STRD (10%). These projects complement its "42/42" plan, which aims to raise a total of $84 billion for Bitcoin acquisitions through stock issuance and convertible notes by 2027.

3. The Central Bank of Morocco has completed the draft of the cryptocurrency asset law, advancing its legalization.

According to Zhito Finance, the Governor of the Central Bank of Morocco stated at the African Central Bank meeting held in Rabat that Morocco has finalized a draft law that will legalize the use of cryptocurrency assets. The law ensures "adequate protection for consumers and investors, strengthens market integrity, combats fraud, manipulation, money laundering, and terrorist financing, and maintains financial stability." -Original text

4. CoinShares report shows that weekly inflows into digital assets reached a record high of $4.39 billion.

According to CoinShares statistics, inflows into digital asset investment products reached a record high of $4.39 billion last week, bringing the total inflows for the year to $27 billion, with total assets under management (AuM) surpassing $220 billion. Ethereum performed outstandingly, attracting $2.12 billion in inflows, nearly double the previous single-week record, with cumulative inflows for 2025 reaching $6.2 billion, surpassing the total for all of 2024. Bitcoin saw inflows of $2.2 billion, with ETP trading volumes hitting a global record high of $39.2 billion, the vast majority of which came from the United States ($4.36 billion). Additionally, Solana, XRP, and Sui recorded inflows of $39 million, $36 million, and $9.3 million, respectively.

5, the US-listed company Sequans announced an increase in its holdings of 1,264 bitcoins.

According to NLNico's monitoring, the French listed company Sequans recently purchased 1264 BTC, bringing its total BTC holdings to 2317. -Original text

6. DeFi Development Corp holds nearly 1 million SOL.

DeFi Development Corp. (NASDAQ: DFDV) announced that its balance sheet now holds 999,999 SOL and equivalent assets. The company purchased 141,383 SOL between July 14 and 20 at an average price of $133.53 per SOL, for a total value of approximately $19 million. This purchase included spot and discounted locked SOL, and the company also earned approximately 867 SOL in rewards through staking and on-chain activities. Additionally, the company secured net financing of about $19.2 million this month through equity credit lines for future SOL acquisitions. As of July 20, nearly all unlocked SOL have been staked to the company's own validator nodes, generating native yields continuously.

7. GameSquare launches NFT investment strategy, increasing the treasury size to $250 million.

GameSquare, a media technology company listed on the US stock market (Nasdaq: GAME), announced that it has increased its digital asset treasury authorization from $100 million to $250 million, and has cumulatively purchased over 10,000 ETH, with a total value of approximately $35 million. GameSquare has collaborated with crypto investment firm Dialectic to launch an NFT investment strategy based on the Ethereum ecosystem, with an initial investment of $10 million. GameSquare stated that this move aims to enhance capital efficiency and generate stable returns through the active deployment of ETH and NFT assets, supporting the long-term growth of its media and creative businesses. The company has also established a dedicated digital asset investment committee to ensure risk control and compliance.

8. Citadel Securities urges the SEC to proceed cautiously with the security tokenization plan.

Paul Atkins, the chairman of the SEC, recently stated that traditional securities regulations may be simplified to help companies issue tokenized securities. Major Wall Street market maker Citadel Securities expressed in a comment letter to the SEC's cryptocurrency working group on Monday that such measures could lead to investor confusion and create an unfair competitive environment between exchanges and listed companies. Citadel Securities hopes that the SEC will move more slowly in allowing the development of "tokenized" securities.

The above is a selection of hot topics from the past 24 hours. For quicker news, please download AiCoin ()