Golden Web3.0 Daily | US Senate passes "Big and Beautiful" bill

DeFi data

1. Total market value of DeFi tokens: $109.744 billion

DeFi total market value data source: coingecko

2. The trading volume of decentralized exchanges in the past 24 hours was 5.793 billion US dollars

Trading volume of decentralized exchanges in the past 24 hours Data source: coingecko

3. Assets locked in DeFi: 112.544 billion US dollars

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Top ten rankings of DeFi projects with locked assets and locked-in volume Data source: defillama

NFT data

1. Total market value of NFT: US$17.24 billion

NFT total market value, market value ranking of the top ten projects Data source: Coinmarketcap

2.24-hour NFT trading volume: 2.48 billionUS dollars

NFT total market value, market value ranking of the top ten projects Data source: Coinmarketcap

3. Top NFTs in 24 hours

The top ten NFTs with the highest sales growth in 24 hours Data source: NFTGO

Headlines

The U.S. Senate passed the "Big and Beautiful" bill

Golden Finance reported that according to CCTV News, on July 1, local time, the U.S. Senate passed a comprehensive tax cut and spending bill and submitted it to the House of Representatives. The U.S. Senate passed the comprehensive tax cut and spending bill proposed by U.S. President Trump with a vote of 51 to 50 that morning. During this period, senators voted on dozens of proposed legislative changes. Republican Vice President Vance, who also serves as Senate President, cast a "tie-breaking" vote in a "tie" of 50 votes in favor and 50 against, and the amendment was passed by a vote of 51 to 50. The revised bill, which Trump called "big and beautiful", will now return to the House of Representatives, where House Speaker Mike Johnson will strive to pass the bill before the July 4 deadline set by Trump.

MEME Hotspots

1. Trump's official merchandise store has supported TRUMP payments

Golden Finance reported that official news, Trump's official merchandise store has supported TRUMP payments.

DeFi Hotspot

1. Coinbase acquires token management company Liquifi

Golden Financial Report, Coinbase The acquisition of token management company Liquifi is the fourth company acquired by Coinbase this year. Liquifi last raised $5 million in a seed round in 2022, led by venture capital firm Dragonfly, with participation from cryptocurrency heavyweights such as Katie Haun and Balaji Srinivasan. Well-known cryptocurrency companies such as the Uniswap Foundation, OP Labs, Ethena, and Zora use the platform to track cryptocurrency holdings, distribute tokens after vesting periods, and manage complex tax withholding processes.

2.Bitwise CIO: Ethereum ETF fund inflows are expected to reach $10 billion in the second half of the year

Golden Finance reported that Bitwise Chief Investment Officer Matt Hougan posted on the X platform that the funds flowing into Ethereum exchange-traded funds will accelerate significantly in the second half of the year, because more and more stablecoins and stocks will begin to be traded on the Ethereum chain, which is a very easy phenomenon for traditional investors to understand. In June this year, the inflow of funds into the Ethereum ETF has reached $1.17 billion. If this trend continues, the inflow of funds into the Ethereum ETF in the second half of the year is expected to reach $10 billion.

3. Vitalik is delivering a keynote speech at the EthCC conference, talking about the importance of decentralization

Golden Finance reported that Ethereum co-founder Vitalik Buterin is delivering a keynote speech at the EthCC conference, talking about the "importance of decentralization."

4. Ondo Finance: Will launch the on-chain US stock platform Ondo Global Markets this summer

Golden Finance reported that according to the official announcement, Ondo Finance posted on the X platform that it will launch the on-chain US stock platform Ondo Global Markets this summer, and will first put more than 100 US stocks on the chain, and expand to thousands by the end of the year.

5.Sonic officially launches the second season of airdrops

Golden Finance reported that Sonic announced that the second season of airdrops has officially started. The new rules cancel the passive points mechanism and only count the real DeFi behaviors on the chain (trading/providing liquidity). Points can be obtained by trading whitelisted assets on the Shadow platform. Its users will enjoy a double bonus of loyalty multiplier and income score for contributing 85% of the total network revenue.

Disclaimer: As a blockchain information platform, Golden Finance publishes articles for information reference only and not as actual investment advice. Please establish a correct investment concept and be sure to improve risk awareness.