Bitpush editor's daily selected Web3 news:
【Strategy plans to increase financing scale from $500 million to $2 billion for Bitcoin purchase】
According to market information, Strategy plans to increase its financing scale from $500 million to $2 billion for purchasing Bitcoin.
【OSL Group plans to raise approximately HK$2.355 billion through share placement for strategic acquisitions and stablecoin business, etc.】
According to Jinshi report, OSL Group (09618.HK) announced on the Hong Kong Stock Exchange that on July 25, 2025 (before trading hours), the company has entered into placement and subscription agreements, general mandate subscription agreements, and special mandate subscription agreements. The total estimated proceeds from these transactions are approximately HK$2.355 billion, with net proceeds estimated at approximately HK$2.336 billion. The placement price is HK$14.90 per placement share, representing a discount of approximately 15.34% to the closing price on the last trading day on the Stock Exchange.
【Tether: 250,000 Tether Gold tokens in circulation backed by 7.66 tons of gold】
Tether stated in a Thursday announcement that as of the second quarter of 2025, Tether Gold (XAU₮) circulation has approached 250,000 tokens. Each token is pegged 1:1 to one troy ounce of physical gold, with total reserves equivalent to over 7.66 tons of gold.
【Trump ally sues Powell, demanding FOMC open meetings】
According to Jinshi report, an investment company led by Trump supporters has sued Federal Reserve Chairman Powell and other Fed officials, demanding that monetary policy meetings be held openly. James Fishback's Azoria Capital filed a lawsuit on Thursday, stating that the FOMC's practice of holding closed-door meetings for decades violates government transparency laws.
The fund filed a request with a federal court in Washington for the Fed to hold open meetings on July 29-30. The company stated in the lawsuit that Azoria is deeply concerned that under Powell's leadership, the FOMC maintains high interest rates, undermining President Trump's economic agenda and harming American citizens and the US economy.
【Christie's first launches crypto real estate department, specifically handling crypto luxury home acquisition services】
According to The New York Times, Christie's International Real Estate has established a new department specifically handling property transactions that accept cryptocurrency payments. The company currently has luxury properties worth over $1 billion open to crypto bids.
The department's establishment was reportedly inspired by recent large-scale crypto real estate transactions, including a $65 million Beverly Hills property transaction completed with cryptocurrency. The new department has a specialized team of "lawyers, analysts, and crypto experts" aimed at processing crypto payments without intermediary bank involvement. Christie's Southern California branch CEO Aaron Kirman revealed they have conducted transactions where sellers were unaware of buyers' identities, but lawyers hired by sellers would verify the legality of funds.
The property portfolio accepting crypto payments includes the "Invisible House" located in Joshua Tree, USA, known for its reflective wall design. Kirman anticipates that within five years, cryptocurrency might account for over one-third of all residential property sales in the US.
【"Fed Whisperer" Nick Timiraos: Trump turns Federal Reserve visit into political show】
"Fed Whisperer" Nick Timiraos wrote that Trump's Thursday afternoon visit to the Federal Reserve building's renovation site was essentially a political performance aimed at increasing pressure on the Fed, part of an unconventional campaign to tarnish Fed Chairman Powell's public image and push for rate cuts. Trump's rare Fed visit represents his performance skills in governance. For a president who built his brand on real estate projects and reality TV shows, this visit provided a TV-friendly moment to portray Powell—whom Trump himself chose as Fed chair eight years ago—as an incompetent bureaucrat overseeing a $2.5 billion renovation project with cost overruns.
Stifel strategist Brian Gardner suggested that focusing on the Fed building renovation could also divert attention from the Epstein case.
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