Weekly preview | Trump says he has no intention of extending the tariff suspension beyond July 9; Federal Reserve releases minutes of monetary policy meeting

  • Key Highlights (July 7–13, 2025):

    • Trump’s Tariff Decision: No extension of the 90-day tariff suspension for most countries beyond July 9, with potential trade penalties if agreements aren’t reached.
    • Federal Reserve: Minutes of the monetary policy meeting to be released on July 10 (2 a.m. Beijing time).
    • U.S. Senate Hearing: Market structure hearing on July 9 with Ripple CEO, Paradigm, and others testifying.
  • Crypto/Blockchain Updates:

    • Token Unlocks: Major unlocks include Aptos ($49.9M, July 12), Immutable ($10.1M, July 11), and io.net ($9.1M, July 11).
    • Exchange News:
      • Binance launches PIXEL staking (July 7) and upgrades spot API (July 8).
      • OKX delists X, BSV, and other trading pairs (July 7).
      • Robinhood EU offers free OpenAI/SpaceX stock tokens until July 7.
    • New ETFs: Calamos launches three Bitcoin ETFs with downside protection (trading starts July 8).
  • Project Developments:

    • Pantera Capital’s digital asset reserve fund closes applications July 7.
    • ThunderCore’s WLFI airdrop and Immutable’s END token trading begin (July 7).
    • FTX disputes Three Arrows Capital’s $1.5B claim; response due July 11.
  • Miscellaneous:

    • Thailand’s Khao Kheow Zoo celebrates hippo Moo Deng’s birthday (July 10–13).
    • Telegram founder Pavel Durov allowed limited travel to Dubai from July 10.
Summary

Important news:

  • Trump says he has no intention of extending the 90-day tariff suspension on most countries and regions beyond July 9
  • The Federal Reserve will release the minutes of its monetary policy meeting at 2 a.m. Beijing time on July 10.
  • The U.S. Senate Banking Committee plans to hold a full hearing on July 9 to focus on market structure issues
  • Aptos (APT) will unlock approximately 11.31 million tokens at 10:00 pm Beijing time on July 12, accounting for 1.75% of the current circulation and worth approximately US$49.9 million.

July 7

Exchange:

Binance will launch the eleventh phase of BNSOL super staking project PIXEL (PIXEL) on July 7

Binance BNSOL Super Staking will launch the eleventh project PIXEL (PIXEL). From 8:00 on July 7 to 7:59 on August 8 (Eastern Time): Users who hold BNSOL in their Binance accounts or stake SOL to BNSOL; users who hold BNSOL, sBNSOL or bzSOL assets in their Binance wallets will receive PIXEL APR Boost airdrop rewards.

OKX will delist X, BSV, GOG, DIA, BONE and OXT pairs on July 7

OKX will officially delist X/USDT, BSV/BTC, BSV/USDT, BSV/USD, GOG/USDT, GOG/USD, DIA/USDT, DIA/USD, BONE/USDT, BONE/USD, OXT/USDT and OXT/USD spot trading pairs from 4:00 pm to 6:00 pm (UTC+8) on July 7, 2025. In addition, OKX will suspend the deposit function of the above currencies at 4:00 pm (UTC+8) on June 30, 2025, and will no longer support the withdrawal service of the above currencies at 4:00 pm (UTC+8) on September 30, 2025.

Robinhood EU is giving away Open AI and Space X stock tokens to EU users until July 7

Robinhood EU announced on the X platform that it is giving away the first batch of private company stock tokens of Open AI and Space X for free. Eligible Robinhood EU users can claim the tokens in the app until July 7. Earlier news came that Robinhood plans to launch its own blockchain and launch "stock tokens" in the EU. In addition, Robinhood also allows European users to trade cryptocurrency perpetual futures and supports US customers to pledge cryptocurrencies (Ethereum and SOL are supported in the initial stage).

Project dynamics:

Pantera Capital launches digital asset reserve fund for investors, applications close on July 7

Pantera Capital announced that it has created a fund to provide investors with investment opportunities in digital asset reserves. The Pantera Digital Asset Reserve Fund is able to participate in the investment of digital asset reserve projects at the launch. This means that the fund invests at a price close to or equal to the value of the underlying token (1.0x NAV), or before the digital asset reserve trades at a potential premium on the open market. The fund is currently open to investors and applications will close on July 7.

ThunderCore will launch the WLFI token airdrop event, and the Thunder Time points accumulation will end on July 7

ThunderCore announced on the X platform that it will conduct an airdrop of World Liberty Financial (WLFI) tokens. The accumulation of Thunder Time points will end at 13:00 on July 7, Beijing time. The more points users accumulate, the more airdrops they will receive. The staking (PoS) rewards will be calculated based on the staking time from July 7 to July 21. The longer the staking time, the more rewards you will receive.

Immutable: END token TGE has been launched and is open for claiming. Token exchange and trading functions will begin on July 7

Immutable announced on the X platform that the END token TGE has been launched. Currently, token claims are open and users who have taken snapshots can now claim them. The first quarter rewards will be airdropped before the transaction starts. The token exchange transaction function is scheduled to start on July 7 and will be notified 48 hours in advance. According to the previously announced token economics, the total supply of END tokens is 500 million, and the initial circulation supply is 155,500,000 (accounting for 31.1%). Most of the token supply is dedicated to community rewards. In addition, the team token allocation accounts for 20%, the ecological fund allocation accounts for 10%, the airdrop accounts for 17.5%, and the community accounts for 32.45%.

Token unlocking:

Neon (NEON) will unlock approximately 53.91 million tokens at 8:00 am Beijing time on July 7, accounting for 22.51% of the current circulation, with a value of approximately US$5 million.

July 8

Exchange:

Binance will upgrade its spot API on July 8, and the upgrade is expected to last up to 2 hours

Binance announced that it will upgrade the WebSockets market push interface of the spot API from 15:00 on July 8, and the upgrade is expected to last up to 2 hours.

Calamos, an asset management company, launched three Bitcoin ETFs that provide downside protection exposure and are expected to start trading on July 8.

Asset management company Calamos announced the launch of three Bitcoin exchange-traded funds aimed at providing investors with downside protection exposure: Calamos Bitcoin Structured Alt Protection ETF, Calamos Bitcoin 90 Series Structured Alt Protection ETF and Calamos Bitcoin 80 Series Structured Alt Protection ETF. These three ETFs plan to invest in US stock benchmark indices and Bitcoin, and are expected to start trading on July 8.

Binance Wallet Exclusive TGE 29th to Launch BOOM on July 8

According to the official announcement, the 29th Binance Wallet exclusive TGE will launch Boom Foundation (BOOM).

  • Subscription time: 4:00 pm to 6:00 pm on July 8, 2025 (UTC+8);
  • Subscription qualifications: Eligible users must use Binance Alpha Points to participate;
  • An additional 30,000,000 BOOM will be used for future activities, the details of which will be announced separately.

July 9

Policy supervision:

Trump: No intention to extend the 90-day tariff suspension period for most countries and regions beyond July 9

According to a report by the Associated Press cited by Jinshi, US President Trump said he had no intention of extending the 90-day tariff suspension for most countries and regions beyond July 9. Once the negotiation deadline he set expires, the government will notify the relevant countries and regions that unless an agreement is reached with the United States, trade penalties will take effect as scheduled. He said that letters will be sent to the relevant countries and regions soon before the deadline. Trump said on the Fox News Channel program: "We will evaluate the attitude of various countries and regions towards us: whether they are friendly or unfriendly. For some countries and regions, we don't care, so we just send a high number to them." Trump said in the interview that these letters will state: "Congratulations on being allowed to buy goods from the United States of America, and you need to pay a 25% tariff, or a 35%, 50%, or 10% tariff."

The U.S. Senate Banking Committee plans to hold a market structure hearing on July 9, with Ripple, Paradigm and others participating

According to crypto journalist Eleanor Terrett, the U.S. Senate Banking Committee plans to hold a full hearing next Wednesday (July 9) at 22:00 Beijing time to focus on market structure issues. Currently confirmed witnesses include Ripple CEO Brad Garlinghouse, Blockchain Association CEO Kristin Smith, Chainalysis CEO Jonathan Levin and Paradigm partner Dan Robinson.

July 10

Macroeconomics:

The Federal Reserve will release the minutes of its monetary policy meeting at 2 a.m. Beijing time on July 10;

At 9:00 pm Beijing time on July 10, 2025 FOMC voting member and St. Louis Fed President Moussalem delivered a speech on the U.S. economy and monetary policy;

Project News:

Thailand Zoo to hold birthday party for hippopotamus Moo Deng on July 10

The Khao Kheow Zoo in Thailand will celebrate the first birthday of Moo Deng, a pygmy hippopotamus, on July 10. The four-day "Moo Deng 1st Birthday" festival will be held at the Hippo Exhibition Hall in Chonburi Province from July 10 to 13. On July 4, the U.S. Embassy in Bangkok presented him with a stuffed hippo named Sammy as his birthday gift.

Telegram founder Pavel Durov allowed to leave France from July 10, but only to Dubai

Telegram co-founder Pavel Durov has been granted limited leave from mainland France by the Paris Court of Appeal starting July 10. The billionaire, who is charged with more than a dozen crimes, is now allowed to travel to Dubai (where his family lives and Telegram's office is located) for 14 consecutive days each year, but must notify the investigating judge in advance and maintain other judicial control measures.

Since August 2024, Durov has been restricted from leaving the country due to his lack of platform content review and his refusal to cooperate with the French judicial investigation. He is required to pay a 5 million euro deposit and report to the authorities regularly. His legal team applied for the complete lifting of judicial control on June 3, saying that the existing charges were "groundless." The court's decision to partially relax the restrictions marks a turning point in this ten-month legal tug-of-war.

July 11

Exchange:

FTX lawyers say Three Arrows Capital’s $1.5 billion claim is “unreasonable” and should be dismissed, and the latter must submit a response by July 11

FTX bankruptcy management lawyers recently objected to the $1.53 billion claim filed by Three Arrows Capital (3AC) and asked the court to dismiss it in full. The lawyers said that 3AC's losses were caused by market fluctuations and its own withdrawal of funds, and had nothing to do with FTX. In March of this year, the bankruptcy court approved 3AC to increase its claim from $120 million to $1.53 billion. In November 2024, 3AC claimed that FTX sold $1.5 billion worth of assets two weeks before it initiated liquidation, citing the discovery of new evidence. But FTX lawyers countered that the claim was based on unreasonable premises, inaccurate data and neglect of facts. FTX pointed out that after the collapse of Terra in June 2022, 3AC's account balance was less than $240 million, but it did not make up the margin, but withdrew $18 million in ETH. FTX then closed $820 million in assets to avoid a loss of $18 million when the account went bankrupt. 3AC is required to submit a response by July 11, and the hearing is scheduled for August 12.

Token unlocking:

Immutable (IMX) will unlock approximately 24.52 million tokens at 8:00 am Beijing time on July 11, accounting for 1.31% of the current circulation and worth approximately US$10.1 million.

io.net (IO) will unlock approximately 13.29 million tokens at 8:00 pm Beijing time on July 11, accounting for 7.87% of the current circulation and worth approximately US$9.1 million.

Movement (MOVE) will unlock approximately 50 million tokens at 8:00 pm Beijing time on July 11, accounting for 1.92% of the current circulation and worth approximately US$7.7 million.

Delysium (AGI) will unlock approximately 106 million tokens at 8:00 am Beijing time on July 11, accounting for 5.97% of the current circulation and worth approximately US$5.4 million.

July 12

Token unlocking:

Aptos (APT) will unlock approximately 11.31 million tokens at 10:00 pm Beijing time on July 12, accounting for 1.75% of the current circulation and worth approximately US$49.9 million.

July 13

Token unlocking:

Cheelee (CHEEL) will unlock approximately 20.81 million tokens at 8:00 am Beijing time on July 13, worth approximately US$17.4 million

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Author: 一周预告

This article represents the views of PANews columnist and does not represent PANews' position or legal liability.

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