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Gate Research: EU has issued MiCA licenses to 53 crypto firms | Strategy plans to raise $4.2 billion

Gate Research: EU has issued MiCA licenses to 53 crypto firms | Strategy plans to raise $4.2 billion

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ResearchDaily ReportAltcoinsTrading
7/8/2025, 7:16:13 AM
Gate Research: U.S. President Trump announced 25% tariffs on South Korea and Japan, and 40% tariffs on Laos and Myanmar, once again causing turbulence in global financial and cryptocurrency markets. According to the latest data shared by Circle executive Patrick Hansen, the EU has issued MiCA licenses to 53 institutions, allowing them to operate across the 30 countries of the European Economic Area with "passporting" rights, enabling service provision without additional applications. Strategy Company announced it has signed a sales agreement to issue STRD shares to raise $4.2 billion. The BTFS v4.0 mainnet upgrade has been completed and is now fully operational.

Crypto Market Overview

BTC (-1.70% | Current price 107,600 USDT): U.S. President Trump announced a 25% tariff on South Korea and Japan, and a 40% tariff on Laos and Myanmar, causing turmoil in global financial and cryptocurrency markets again. Mainstream cryptocurrencies, including BTC, have fallen across the board. BTC dropped from 109,000 USDT to 107,000 USDT but found strong support at 107,000 USDT and did not break below this level. On July 7, BTC ETFs saw net inflows of $216 million, with BlackRock’s IBIT receiving $164 million and Fidelity’s FBTC receiving $66 million.
ETH (-2.08% | Current price 2,526 USDT): Affected by the tariff policy, ETH has fallen by over 2% in the past 24 hours. There is strong support at the 2,500 USDT level, which ETH has not broken below. As the negative policy impact gradually dissipates, ETH may regain lost ground in the coming trading days. On July 7, ETH ETFs saw total inflows of $62.1 million, with BlackRock’s ETHA receiving $53.2 million and Fidelity’s FETH receiving over $8.9 million.
Altcoins: The altcoin market experienced a slight decline. In the past 24 hours, XRP fell by 1.20%, and SOL fell by 3.04%. The Fear and Greed Index remains at 65, indicating that market sentiment is still positive.
Macro Environment: The Dow Jones Industrial Average closed at 44,406 points, down 0.94%; the Nasdaq index closed at 20,412 points, down 0.92%; the S&P 500 index closed at 6,229 points, down 0.79%. The current gold price is $3,347, up 0.14% in the past 24 hours.

Trending Tokens

Sologenic SOLO (+26.43%, Circulating Market Cap: 152 million USD)

According to Gate.io market data, SOLO is currently priced at $0.385, up 26.43% in the past 24 hours, with a current market cap of $152 million.

Sologenic (SOLO) is a token issued based on XRP, enabling transactions and transfers between cryptocurrencies and non-blockchain assets such as stocks, funds, and assets from over 30 global stock exchanges, totaling over 40,000 assets. By tokenizing commodities from over 30 stock exchanges, SOLO has bridged traditional financial markets with cryptocurrency markets, bringing enormous traffic to the entire industry.

SOLO’s rise may be driven by multiple factors, including Sologenic platform’s support for over 40,000 tokenized stocks, ETFs, and commodities tradable through multiple top global exchanges. The recent increased interest in stock asset tokenization may have driven up SOLO’s trading volume and token price.

Grass GRASS (+6.15%, Circulating Market Cap: 286M USD)

According to Gate.io market data, the GRASS is currently priced at $1.17, up 6.15% in the past 24 hours, with a current market cap of $286 million.

Wynd Labs launched the Grass project in June 2023. Andrej Radonjic is one of the co-founders of Wynd Labs. The project was created to allow individuals to benefit from the growing AI trend. The Grass project is a decentralized network based on Solana that allows users to monetize unused internet bandwidth. By running nodes, users can share bandwidth and provide data support for AI model training. Participants can easily join the network without investing significant resources and earn passive income.

GRASS’s over 6% rise in the past 24 hours may be attributed to the recent launch of its Android application, which significantly increased project interest. The app allows users to earn rewards by sharing idle bandwidth, expanding the user base and enhancing token demand, boosting market confidence and price appreciation. Looking ahead, as Grass continues to optimize its decentralized data ecosystem and advance its 2025 roadmap, the promotion of the Android app is expected to further attract user participation, solidify its position in the AI data processing market, and drive long-term value growth for the GRASS token.

XDC Network XDC (+28.50%, Circulating Market Cap: 1.07B USD)

According to Gate.io market data, the XDC is currently priced at $0.066, up 4.66% in the past 24 hours, with a current market cap of $1.07 billion.

XDC Network was founded in 2017 by a group of entrepreneurs and developers, including Atul Khekade, Ritesh Kakkad, and Peter Yeo. The XDC network is an open-source hybrid blockchain protocol suitable for enterprises, focusing on tokenizing real-world decentralized finance. It features a naturally developer-friendly hybrid architecture, providing blockchain users with hybrid relay bridges, instantaneous block finality, and interoperability. The XDC network offers a secure and transparent way for businesses in various industries, including finance, healthcare, and supply chain management, to conduct transactions and record data.

The on-chain integration of traditional financial assets is a recently hot topic. Credefi’s RWA lending platform and CRYMBO’s compliance tools launched on XDC at the end of June, providing on-chain solutions for banks and fintech companies to tokenize debt, verify users, and execute cross-border rules (Genfinity Report). These developments further solidify XDC’s position in the institutional market and may have driven the token’s price increase in recent times.

Alpha Insights

The EU has issued MiCA licenses to 53 crypto companies, with stablecoin issuer Tether not on the list

According to the latest data shared by Circle executive Patrick Hansen, the EU has now issued MiCA licenses to 53 institutions, allowing them to “passport” and provide services across 30 countries in the European Economic Area without needing to apply separately. Among these, 14 companies are authorized to issue stablecoins or electronic money tokens (EMTs), including Circle, Societe Generale, Stablemint, Quantoz, and StablR; Tether, as the issuer of USDT, has not yet obtained regulatory approval and is not on the list. The other 39 approved crypto asset service providers (CASPs) include BBVA, Robinhood, and Coinbase.

Looking ahead, the full implementation of the EU’s MiCA framework will shape a new benchmark for global cryptocurrency regulation, attracting more compliant institutions to enter the market. The standardization of stablecoins and crypto services will accelerate industry consolidation and enhance market transparency and trust. Unlicensed issuers will face greater compliance pressure, promoting the crypto industry towards a healthier and more sustainable development path.

Strategy plans to issue STRD stock to raise $4.2 billion

Strategy has announced that it has entered into a sales agreement under which it plans to issue STRD stock (Series A Perpetual Stride Preferred Stock) to raise $4.2 billion. Strategy expects to sell STRD stock in a planned manner over an extended period under the ATM program, taking into account the trading price and volume of STRD stock at the time of sale. Strategy intends to use the net proceeds from the ATM program for general corporate purposes, including purchasing bitcoin and working capital.

Strategy’s plan to raise funds by issuing STRD preferred stock demonstrates its strategic positioning in the capital market and long-term confidence in crypto assets. In the future, as the ATM program progresses steadily, Strategy is expected to optimize capital allocation efficiency through flexible stock sale timing. The raised funds will be used to increase bitcoin holdings and support operations, further consolidating its competitive advantage in the crypto investment field. Looking ahead, Strategy’s strategy may focus on balancing the integration of traditional finance and crypto assets, capturing investment opportunities through market volatility, while promoting business diversification and long-term growth through sound fund management.

BTFS Protocol v4.0 Mainnet Officially Launched

The BTFS (BitTorrent File System) v4.0 mainnet upgrade has been completed and fully activated. Key highlights of this upgrade include a network reliability enhancement solution based on storage provider-specific nodes (BTIP-89), a metadata transparency management mechanism using smart contract technology (BTIP-90), and a distributed governance system supporting community autonomy (BTIP-91). These technical improvements further optimize the infrastructure performance of the BTFS network, enhancing the system’s security and scalability. As an important advancement in the field of decentralized storage, BTFS will continue to promote technological innovation to support the construction of Web3.0 data storage infrastructure.

The completion of the BTFS v4.0 mainnet launch marks a significant breakthrough in decentralized storage technology. By enhancing network reliability, transparent metadata management, and distributed governance systems, it significantly improves the system’s performance, security, and scalability. This upgrade not only optimizes the infrastructure for Web3.0 data storage but also lays a solid foundation for community autonomy and ecosystem development. In the future, BTFS’s technological innovations are expected to drive the widespread application of decentralized storage in the Web3.0 ecosystem, accelerating the realization of data sovereignty and privacy protection, and further consolidating its leading position in the global distributed storage market.

Gate Launchpool

Launchpool Details

  • Project: Boom
  • Token: BOOM
  • Start Time: July 9, 2025
  • Participation: Stake BOOM, GT to receive for free
  • Total Mining Rewards: 1,250,000 BOOM

Project Overview

Boom is a leading artificial intelligence data incentive layer dedicated to connecting offline activities with on-chain economies. Boom supports games, social networks, real-world assets, and capital markets through intelligent decentralized infrastructure.


References:



Gate Research is a comprehensive platform offering in-depth blockchain and cryptocurrency research, including technical analysis, market reviews, trend forecasts, and macroeconomic insights.

Disclaimer
Investing in cryptocurrency markets involves high risk. Users are advised to conduct their own research and fully understand the nature of the assets and products before making any investment decisions. Gate is not responsible for any losses or damages arising from such decisions.

Author: Mark
Reviewer(s): Ember, Shirley
* The information is not intended to be and does not constitute financial advice or any other recommendation of any sort offered or endorsed by Gate.
* This article may not be reproduced, transmitted or copied without referencing Gate. Contravention is an infringement of Copyright Act and may be subject to legal action.

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Content

Crypto Market Overview

Trending Tokens

Alpha Insights

Gate Launchpool

Gate Research: EU has issued MiCA licenses to 53 crypto firms | Strategy plans to raise $4.2 billion

Advanced7/8/2025, 7:16:13 AM
Gate Research: U.S. President Trump announced 25% tariffs on South Korea and Japan, and 40% tariffs on Laos and Myanmar, once again causing turbulence in global financial and cryptocurrency markets. According to the latest data shared by Circle executive Patrick Hansen, the EU has issued MiCA licenses to 53 institutions, allowing them to operate across the 30 countries of the European Economic Area with "passporting" rights, enabling service provision without additional applications. Strategy Company announced it has signed a sales agreement to issue STRD shares to raise $4.2 billion. The BTFS v4.0 mainnet upgrade has been completed and is now fully operational.
ResearchDaily ReportAltcoinsTrading

Crypto Market Overview

Trending Tokens

Alpha Insights

Gate Launchpool

Crypto Market Overview

BTC (-1.70% | Current price 107,600 USDT): U.S. President Trump announced a 25% tariff on South Korea and Japan, and a 40% tariff on Laos and Myanmar, causing turmoil in global financial and cryptocurrency markets again. Mainstream cryptocurrencies, including BTC, have fallen across the board. BTC dropped from 109,000 USDT to 107,000 USDT but found strong support at 107,000 USDT and did not break below this level. On July 7, BTC ETFs saw net inflows of $216 million, with BlackRock’s IBIT receiving $164 million and Fidelity’s FBTC receiving $66 million.
ETH (-2.08% | Current price 2,526 USDT): Affected by the tariff policy, ETH has fallen by over 2% in the past 24 hours. There is strong support at the 2,500 USDT level, which ETH has not broken below. As the negative policy impact gradually dissipates, ETH may regain lost ground in the coming trading days. On July 7, ETH ETFs saw total inflows of $62.1 million, with BlackRock’s ETHA receiving $53.2 million and Fidelity’s FETH receiving over $8.9 million.
Altcoins: The altcoin market experienced a slight decline. In the past 24 hours, XRP fell by 1.20%, and SOL fell by 3.04%. The Fear and Greed Index remains at 65, indicating that market sentiment is still positive.
Macro Environment: The Dow Jones Industrial Average closed at 44,406 points, down 0.94%; the Nasdaq index closed at 20,412 points, down 0.92%; the S&P 500 index closed at 6,229 points, down 0.79%. The current gold price is $3,347, up 0.14% in the past 24 hours.

Trending Tokens

Sologenic SOLO (+26.43%, Circulating Market Cap: 152 million USD)

According to Gate.io market data, SOLO is currently priced at $0.385, up 26.43% in the past 24 hours, with a current market cap of $152 million.

Sologenic (SOLO) is a token issued based on XRP, enabling transactions and transfers between cryptocurrencies and non-blockchain assets such as stocks, funds, and assets from over 30 global stock exchanges, totaling over 40,000 assets. By tokenizing commodities from over 30 stock exchanges, SOLO has bridged traditional financial markets with cryptocurrency markets, bringing enormous traffic to the entire industry.

SOLO’s rise may be driven by multiple factors, including Sologenic platform’s support for over 40,000 tokenized stocks, ETFs, and commodities tradable through multiple top global exchanges. The recent increased interest in stock asset tokenization may have driven up SOLO’s trading volume and token price.

Grass GRASS (+6.15%, Circulating Market Cap: 286M USD)

According to Gate.io market data, the GRASS is currently priced at $1.17, up 6.15% in the past 24 hours, with a current market cap of $286 million.

Wynd Labs launched the Grass project in June 2023. Andrej Radonjic is one of the co-founders of Wynd Labs. The project was created to allow individuals to benefit from the growing AI trend. The Grass project is a decentralized network based on Solana that allows users to monetize unused internet bandwidth. By running nodes, users can share bandwidth and provide data support for AI model training. Participants can easily join the network without investing significant resources and earn passive income.

GRASS’s over 6% rise in the past 24 hours may be attributed to the recent launch of its Android application, which significantly increased project interest. The app allows users to earn rewards by sharing idle bandwidth, expanding the user base and enhancing token demand, boosting market confidence and price appreciation. Looking ahead, as Grass continues to optimize its decentralized data ecosystem and advance its 2025 roadmap, the promotion of the Android app is expected to further attract user participation, solidify its position in the AI data processing market, and drive long-term value growth for the GRASS token.

XDC Network XDC (+28.50%, Circulating Market Cap: 1.07B USD)

According to Gate.io market data, the XDC is currently priced at $0.066, up 4.66% in the past 24 hours, with a current market cap of $1.07 billion.

XDC Network was founded in 2017 by a group of entrepreneurs and developers, including Atul Khekade, Ritesh Kakkad, and Peter Yeo. The XDC network is an open-source hybrid blockchain protocol suitable for enterprises, focusing on tokenizing real-world decentralized finance. It features a naturally developer-friendly hybrid architecture, providing blockchain users with hybrid relay bridges, instantaneous block finality, and interoperability. The XDC network offers a secure and transparent way for businesses in various industries, including finance, healthcare, and supply chain management, to conduct transactions and record data.

The on-chain integration of traditional financial assets is a recently hot topic. Credefi’s RWA lending platform and CRYMBO’s compliance tools launched on XDC at the end of June, providing on-chain solutions for banks and fintech companies to tokenize debt, verify users, and execute cross-border rules (Genfinity Report). These developments further solidify XDC’s position in the institutional market and may have driven the token’s price increase in recent times.

Alpha Insights

The EU has issued MiCA licenses to 53 crypto companies, with stablecoin issuer Tether not on the list

According to the latest data shared by Circle executive Patrick Hansen, the EU has now issued MiCA licenses to 53 institutions, allowing them to “passport” and provide services across 30 countries in the European Economic Area without needing to apply separately. Among these, 14 companies are authorized to issue stablecoins or electronic money tokens (EMTs), including Circle, Societe Generale, Stablemint, Quantoz, and StablR; Tether, as the issuer of USDT, has not yet obtained regulatory approval and is not on the list. The other 39 approved crypto asset service providers (CASPs) include BBVA, Robinhood, and Coinbase.

Looking ahead, the full implementation of the EU’s MiCA framework will shape a new benchmark for global cryptocurrency regulation, attracting more compliant institutions to enter the market. The standardization of stablecoins and crypto services will accelerate industry consolidation and enhance market transparency and trust. Unlicensed issuers will face greater compliance pressure, promoting the crypto industry towards a healthier and more sustainable development path.

Strategy plans to issue STRD stock to raise $4.2 billion

Strategy has announced that it has entered into a sales agreement under which it plans to issue STRD stock (Series A Perpetual Stride Preferred Stock) to raise $4.2 billion. Strategy expects to sell STRD stock in a planned manner over an extended period under the ATM program, taking into account the trading price and volume of STRD stock at the time of sale. Strategy intends to use the net proceeds from the ATM program for general corporate purposes, including purchasing bitcoin and working capital.

Strategy’s plan to raise funds by issuing STRD preferred stock demonstrates its strategic positioning in the capital market and long-term confidence in crypto assets. In the future, as the ATM program progresses steadily, Strategy is expected to optimize capital allocation efficiency through flexible stock sale timing. The raised funds will be used to increase bitcoin holdings and support operations, further consolidating its competitive advantage in the crypto investment field. Looking ahead, Strategy’s strategy may focus on balancing the integration of traditional finance and crypto assets, capturing investment opportunities through market volatility, while promoting business diversification and long-term growth through sound fund management.

BTFS Protocol v4.0 Mainnet Officially Launched

The BTFS (BitTorrent File System) v4.0 mainnet upgrade has been completed and fully activated. Key highlights of this upgrade include a network reliability enhancement solution based on storage provider-specific nodes (BTIP-89), a metadata transparency management mechanism using smart contract technology (BTIP-90), and a distributed governance system supporting community autonomy (BTIP-91). These technical improvements further optimize the infrastructure performance of the BTFS network, enhancing the system’s security and scalability. As an important advancement in the field of decentralized storage, BTFS will continue to promote technological innovation to support the construction of Web3.0 data storage infrastructure.

The completion of the BTFS v4.0 mainnet launch marks a significant breakthrough in decentralized storage technology. By enhancing network reliability, transparent metadata management, and distributed governance systems, it significantly improves the system’s performance, security, and scalability. This upgrade not only optimizes the infrastructure for Web3.0 data storage but also lays a solid foundation for community autonomy and ecosystem development. In the future, BTFS’s technological innovations are expected to drive the widespread application of decentralized storage in the Web3.0 ecosystem, accelerating the realization of data sovereignty and privacy protection, and further consolidating its leading position in the global distributed storage market.

Gate Launchpool

Launchpool Details

  • Project: Boom
  • Token: BOOM
  • Start Time: July 9, 2025
  • Participation: Stake BOOM, GT to receive for free
  • Total Mining Rewards: 1,250,000 BOOM

Project Overview

Boom is a leading artificial intelligence data incentive layer dedicated to connecting offline activities with on-chain economies. Boom supports games, social networks, real-world assets, and capital markets through intelligent decentralized infrastructure.


References:



Gate Research is a comprehensive platform offering in-depth blockchain and cryptocurrency research, including technical analysis, market reviews, trend forecasts, and macroeconomic insights.

Disclaimer
Investing in cryptocurrency markets involves high risk. Users are advised to conduct their own research and fully understand the nature of the assets and products before making any investment decisions. Gate is not responsible for any losses or damages arising from such decisions.

Author: Mark
Reviewer(s): Ember, Shirley
* The information is not intended to be and does not constitute financial advice or any other recommendation of any sort offered or endorsed by Gate.
* This article may not be reproduced, transmitted or copied without referencing Gate. Contravention is an infringement of Copyright Act and may be subject to legal action.
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