1. Popular currencies on CEX
CEX top 10 trading volume and 24-hour rise and fall:
BTC: +1.32%
ETH: +0.72%
XRP: +4.7%
SOL: +0.5%
HBAR : +27.6%
DOGE: +0.24%
ENA: +6.72%
BNB: +0.53%
AVAX: +2.06%
TRUMP: -0.94%
24 H increase list (data source: OKX):
XLM: +27.76%
HBAR: +27.6%
ALGO: +23.96%
PENGU: +22.46%
IOTA: +18.53%
PROMPT: +17.07%
CVX: +16.89%
MORPHO: +13.76%
AUCTION：+13.21%
AR: +11.86%
2. Top 5 popular memes on the chain (data source: GMGN ):
GREMLY
GIGA
michi
LUCK
BONK
3. 24-hour hot search currencies
PUMP: pump.fun has completed the public sale of tokens. For details, please see PUMP public sale sold out in 12 minutes. There are two scenarios after the opening. Which one do you believe?
Headlines
PUMP public sale has reached the limit of 12 minutes
Odaily Planet Daily News: The official page shows that the PUMP public sale has reached its limit of 12 minutes.
Odaily Planet Daily News pump.fun posted on the X platform that in the next 48-72 hours, all tokens purchased through the official platform or exchange will be transferred to the public sale participants. During the distribution phase, the tokens will be non-tradable and non-transferable. Once the distribution phase is completed, the tokens will become tradable and transferable.
According to @Adam_Tehc data panel data, a total of 23,959 wallets completed KYC during the PUMP token pre-sale phase, and only 10,145 wallets successfully purchased, with an average purchase amount of $44,209. Among them, 5,758 wallets participated in the amount of less than $1,000, while 583 wallets participated in the amount of more than $100,000, of which 202 addresses reached the hard cap limit of $1 million per wallet.
CZ retweeted: Coinbase may be the anonymous source of the attack on WLFI and Binance
Odaily Planet Daily News Binance co-founder CZ retweeted Matt Wallace (@MattWallace 888) on the X platform, saying: There is evidence that Coinbase may be the anonymous source of the attack on President Trumps family encryption project World Liberty Financial and Binance. Coinbase learned that CZ might be pardoned. Due to its industrys high fees and poor customer service, the top executives of the cryptocurrency company are worried that its competitor Binance will return to the United States in a completely legal position. Binance is the worlds number one cryptocurrency exchange. Returning to the U.S. market will immediately weaken Coinbases market share and seriously damage its profitability. The most shocking thing is that Coinbase actually pointed the finger at President Trump and tried to damage the interests of its competitors. Will Coinbase confess and take responsibility for its wrong decision? The answer will soon be revealed.
Industry News
Bybit: PUMP token sale has ended, users who have not been allocated will receive a full refund
Odaily Planet Daily News Bybit issued an announcement stating that the PUMP token sale has ended. Affected by the delay of the pump.fun API, this sale was oversubscribed. Some users successfully obtained quotas, while other users failed to subscribe successfully.
Bybit said that it is verifying the final allocation results of all users who have submitted applications and whose funds are still frozen, and users who have not been allocated will receive a full refund. The platform apologizes for the experience problem and thanks the community for its patience and support.
Odaily Planet Daily News: Kraken co-CEO Arjun Sethi said that it will airdrop Pump.funs PUMP tokens to some users whose orders failed due to system restrictions. The PUMP token sale was sold out in 60 seconds, and demand far exceeded supply. Kraken identified affected users through internal order records and user behavior data, and the airdrop will be carried out automatically without user operation.
Sethi pointed out that the airdrop qualification is based on verified order intent during the sales window, and the tokens will be purchased by Kraken in the secondary market. The current Hyperliquid data shows that the PUMP price is about $0.0067, which is a premium to the public sale price of $0.004.
Pump.fun raised about $450 million in this round of ICO on the Solana chain, and the remaining tokens were sold by exchanges such as Bybit, Kraken, Bitget, MEXC, KuCoin and Gate. Many platforms had subscription problems, and Bybit also issued an apology statement because some users placed orders within seconds of opening but still did not get quotas, and planned to announce subsequent updates. (The Block)
Odaily Planet Daily News: Xie Jiayin, the Chinese head of Bitget, published a post on the X platform, revealing that the PUMP public offering on Bitget ended at 22:14 on July 12. Due to API anomalies, this public offering was oversubscribed. After community research, Bitget decided to distribute tokens in proportion to the participants subscription funds:
1. The final subscription ratio is 28.0134%, and the remaining subscription funds of 71.9866% will be unlocked before 24:00 today;
2. Bitget will issue a corresponding number of PUMP tokens within 48 hours based on the actual subscription amount ratio of each participant.
Xie Jiayin added that after the public offering ended, the Bitget team communicated with the project party as soon as possible, striving to obtain more quotas for users. Faced with a long wait and external doubts, they always insisted on giving priority to user interests, continued coordination, and never gave up any possibility.
Odaily Planet Daily reported that according to data from BitcoinTreasuries.Net, based on the Bitcoin price of $117,692, although Strategy has spent more than $42 billion to accumulate Bitcoin, it has currently made a floating profit of approximately $28 billion. Currently, Strategy holds 597,325 Bitcoins with a total value of approximately $70.3 billion.
Currently, Strategys stock price is US$434.58, and its market value is US$122.1 billion.
BlockFi bankruptcy administrator settles $35 million lawsuit with DOJ
Odaily Planet Daily News BlockFi bankruptcy administrator and the U.S. Department of Justice (DOJ) have reached an agreement to dismiss a lawsuit involving the transfer of $35 million in crypto assets. New Jersey Bankruptcy Court Judge Michael B. Kaplan approved the agreement on Friday. The case originated in May 2023, when the DOJ attempted to seize funds belonging to two Estonian citizens in BlockFis account, saying it was related to a criminal fraud case. Under the terms of the settlement, the case was dismissed and no further litigation was allowed, and both parties bear their own legal costs. It is worth noting that BlockFi has declared bankruptcy since the collapse of FTX in November 2022. It currently owes a total of $10 billion to about 100,000 creditors and has set a deadline of April 28, 2024 for customers to withdraw their remaining crypto assets. (Cointelegraph)
Project News
Tether will stop supporting USDT on five chains including EOS on September 1
Odaily Planet Daily News: Tether announced that it will stop supporting USDT on Omni, Bitcoin Cash SLP, Kusama, EOS and Algorand networks from September 1, 2025. Officials said that this move is aimed at optimizing the overall infrastructure layout, adapting to the actual usage trends of the community, and focusing resources on blockchains with greater application value and development activity.
According to the X platform account information, following VanEck and Coinbase, the official account avatars of crypto projects such as OpenSea, MoonPay, Awaken, and Polkadot have all changed to Pudgy Penguins-related brand images. Perhaps affected by this news, the price of PENGU once approached $0.024, temporarily reported at $0.022, with a 24-hour increase of 8.6%.
Odaily Planet Daily News: In response to the post by community KOL Hebi that Backpacks coin issuance may take a long time, Backpack CEO Armani Ferrante responded on the X platform: This statement is exaggerated. We are progressing very quickly, much faster than expected.
Linea Project Leader: This month’s announcement will be related to TGE
Odaily Planet Daily reported that Declan Fox, the head of Linea project, posted on the X platform that he is ready to honor the LINEA plan released in Bangkok and will release a detailed announcement later this month. When community members asked whether the announcement was related to TGE (token generation event), Declan Fox clearly stated yes.
Letsbonk founder: Platform website updates are expected to be launched next week
Odaily Planet Daily News: Letsbonk founder Tom posted on the X platform that the new website is almost complete and ready to go online. Some users have been invited to test it, and the feedback is very good. It is getting closer to the official release, and we have also fixed problems such as searching for tokens with Chinese characters. In addition, he also commented that the updates should be launched one by one next week.
The Hyperion airdrop query page is now online, and RION claims will be open after TGE
Odaily Planet Daily News According to official news, the Hyperion airdrop query page has been launched. Users who have participated in DRIPs activities, provided liquidity, and completed tasks before can immediately check the RION airdrop qualifications. Users need to connect to the Aptos wallet to verify their qualifications. The application will be open after TGE, and the deadline is 60 days after TGE. Tokens that are not claimed after the deadline will be transferred to the subsequent incentive pool.
Odaily Planet Daily News Sunriselayer official X platform published a statement that the RISE token airdrop claim checker is now online. The claim operation will end at 23:59 on July 14th, UT; the RISE mainnet and TGE are scheduled for the third quarter of 2025; the RISE tokens claimed here will be available in the Sunrise wallet address of the mainnet; RISE tokens will be open for transfer and trading after TGE. Kaito reward distribution is separate and allocated separately from this airdrop claim process.
Investment and Financing
SpaceX to invest $2 billion in xAI as part of $5 billion funding round
Odaily Planet Daily News According to the Wall Street Journal, SpaceX has agreed to invest $2 billion in Musks AI company xAI. Musks representatives have told investors that the possibility of commercial cooperation between SpaceX and xAI is increasing. It is reported that the investment is part of xAIs ongoing $5 billion equity financing.
Regulatory policies
Trump: 30% tariffs on Mexico and the EU
Odaily Planet Daily News: US President Trump said in a letter posted on his social media platform on Saturday that starting from August 1, goods imported from Mexico will face a 30% US tariff. Trump also said that if Brazil decides to raise tariffs for any reason, then no matter how much it chooses to increase, we will add the same amount on top of the 30%. Trump said in another letter that starting from August 1, goods imported from the European Union will face a 30% US tariff. (Jinshi)
Trump has sent tariff letters to 24 trading partners in four batches
Odaily Planet Daily reported that Trump has sent tariff letters to 24 trading partners in four batches:
1. The first batch of 14 countries on July 7: Japan (25%), South Korea (25%), South Africa (30%), Kazakhstan (25%), Laos (40%), Malaysia (25%), Myanmar (40%), Tunisia (25%), Bosnia and Herzegovina (30%), Indonesia (32%), Bangladesh (35%), Serbia (35%), Cambodia (36%), Thailand (36%).
2. The second batch of 8 countries on July 9: Brazil (50%), Philippines 20%, Brunei 25%, Moldova 25%, Algeria 30%, Iraq 30%, Sri Lanka 30%, and Libya 30%.
3. July 10, third batch of 1 country: Canada (35%).
4. July 12, the fourth batch of 2 countries (regions): Mexico (30%), the European Union (30%). (Golden October)
Odaily Planet Daily News: Hong Kong Financial Services and the Treasury Bureau Director Xu Zhengyu said in an interview that only a small number of licenses will be issued in the first phase of stablecoin supervision. Regarding whether the RMB stablecoin can be issued, he said that there is currently no restriction on the pegged currency, but if it involves other regional currencies, it may be necessary to negotiate with relevant institutions.
Xu Zhengyu pointed out that the government will take the lead in promoting the application of stablecoins in cross-border payments and other fields to help developing countries cope with currency depreciation and financial system risks. He also revealed that Hong Kong will promote the tokenization of financial assets in the future. Following green bonds, the next step will be to explore token payment methods for commodities such as ETFs and metals.
Character*Voice
Vitalik: AI is fully capable of taking away the cryptocurrencys crazy crown within weeks
Odaily Planet Daily News Vitalik Buterin posted on the X platform: Regularly remind people that artificial intelligence is fully capable of taking away the crazy crown of cryptocurrency within a few weeks.
Odaily Planet Daily News: Robert Kiyosaki, the author of Rich Dad Poor Dad, posted on the X platform that he bought Bitcoin again at $110,000. Retail investors rushed into the market due to FOMO. As people who own a lot of Bitcoin, they will wait for the market to fall and buy more Bitcoin after retail investors sell again due to panic. Buying brings profit, selling does not bring profit.
0x Sun: PUMP public sale invested $1.5 million and completed $1 million hedging at $0.0054
Odaily Planet Daily News Crypto KOL 0x Sun (@0x SunNFT) posted on the X platform that he originally planned to invest $2 million to participate in the PUMP token transaction, but eventually invested $1.5 million and completed a $1 million hedge at $0.0054. In addition, if the contract price breaks through $0.008, additional short orders will be added, and if the contract has a negative rate and is high, the position will be closed in advance. If nothing happens and the arbitrage is successfully completed, based on a 35% increase, the profit rate of 1x margin is 17.5%, and even if 4x margin is left, there is still a 7% profit rate.
