Gate News Bot news, on July 16, according to CoinMarketCap data, as of the time of writing, BTT (BitTorrent [New]) is currently priced at $0.0000006949, with a 0.82% fall in the last 24 hours, peaking at $0.0000007085 and dipping to a low of $0.0000006281. The 24-hour volume reached $24.4 million. The current market capitalization is approximately $685 million, a decrease of about $5.6624 million from yesterday. BitTorrent Chain (BTTC) is a heterogeneous cross-chain interoperability scaling solution, fully compatible with EVM, featuring high TPS and low gas fees. BTTC supports EVM public chains such as Ethereum and BNB Chain, as well as heterogeneous public chains like TRON. BTT serves as BTTC.

A New York judge has rejected the US Securities and Exchange Commission (SEC)'s request to hold a pretrial conference and denied its submission of additional responses in the securities fraud lawsuit against Tron Foundation and its founder Justin Sun. The judge opposes the SEC's allegations, believing that it is trying to create controversy.