Upcoming Important Events in the Crypto Assets Industry for the Next Week

July 14

Policy and Regulation

The U.S. House Financial Services Committee will review multiple crypto bills during "Crypto Week," including the "CLARITY Act," the "Anti-CBDC Surveillance State Act," and the "GENIUS Act." A White House digital asset policy advisor stated that this will solidify the U.S. position as a global Crypto Assets hub.

Project Updates

The trading platform Alpha will launch the Chainbase (C) token. Eligible users can claim airdrops through Alpha points after the trading starts.

The criminal trial of Tornado Cash co-founder Roman Storm is expected to begin in the Southern District Court of New York. Storm stated that his legal team will respond to the allegations of his personal illegal profits, but he refused to disclose whether he would plead defense against other charges.

OpenZK Network will launch OZK token staking, allowing users to earn network rewards. The project is also exploring a dual-token gas fee model, and in the future, users may be able to use OZK as network gas fees.

July 15-16

Project Updates

The Sonic Season 1 $S airdrop claim will be randomly open from the 15th to the 22nd.

Sunrise has opened the $RISE airdrop claim channel, which must be completed by the 15th. The tokens will be transferable and tradable only after the mainnet launch in the third quarter of 2025.

Policies and Regulations

The U.S. House of Representatives Committee on Ways and Means will hold a hearing on the 16th to discuss the tax policy framework for digital assets. Previously, Senator Cynthia Lummis proposed a new bill suggesting tax exemptions for small transactions and the elimination of double taxation.

Market Dynamics

A certain investment institution has submitted an amendment to change the effective date of a batch of 2x leverage Crypto Assets/Meme coin ETFs to the 16th. This may indicate that the related products are about to be launched.

July 17-20

Project Updates

The public sale of stablecoin project XPL will start on the 17th, and the platform will lock deposits and withdrawals on the 14th.

The Caldera airdrop pre-registration will close on the 17th.

The Balance Foundation EPT airdrop claim will continue until the 20th.

token unlock

Multiple projects will unlock tokens this week, including Arbitrum, UXLINK, Solv Protocol, ApeCoin, ZKsync, Official Trump, Cloud, and Melania Meme. Among them, Official Trump will unlock about 90 million coins, worth approximately 878 million USD.

Specific time to be determined

The issuer of the stablecoin USDf has promised to disclose the details of the $630 million Crypto Assets portfolio backing the stablecoin. USDf maintains its peg through Crypto Assets and trading profits, but currently, 96% of the assets are held with off-chain custodians. Critics question the reliance on illiquid assets, which may pose risks, but the issuer emphasizes maintaining the peg through market-neutral strategies and arbitrage mechanisms.