What is BIT Mining planning to do with Solana?

BIT Mining aims to raise between $200 and $300 million to establish a SOL treasury.

What is Trump's Truth Social utility token about?

It will be tied to user engagement and linked to a new streaming subscription service.

Bitcoin's New Highs & BIT Mining's Strategic Move

Source: theblock.co — 7/10/2025

Happy Thursday! Bitcoin has reached an all-time high, surpassing the $112,000 mark, an impressive feat amidst a challenging landscape for many altcoins. In this edition of The Daily from The Block, we explore how BIT Mining is shifting its focus to the Solana ecosystem, aiming to establish a SOL treasury worth up to $300 million. We also highlight Trump's Truth Social, which is set to introduce a user engagement-focused utility token linked to its new streaming service for $9.99 monthly. Additionally, Ant International is planning to integrate the USDC stablecoin into its AntChain, pending U.S. regulatory approval. Coinbase has partnered with Perplexity AI to enhance its real-time crypto data services for traders. Finally, Snoop Dogg made headlines by selling nearly 1 million digital collectibles on Telegram within just 30 minutes, earning $12 million. Stay tuned for the next 24 hours of pivotal developments in the digital asset landscape!

FAQ

❓ What is BIT Mining planning to do with Solana?
BIT Mining aims to raise between $200 and $300 million to establish a SOL treasury.
❓ What is Trump's Truth Social utility token about?
It will be tied to user engagement and linked to a new streaming subscription service.

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