1. Popular currencies on CEX
CEX top 10 trading volume and 24-hour rise and fall:
BTC: -1.024%
ETH: +5.45%
XRP: +0.83%
SOL: +1.92%
DOGE: +3.51%
BNB: +0.71%
UNI: +5.71%
HABR: -1.12%
AVAX: +6.49%
ENA: +9.83%
24 H increase list (data source: OKX):
AEVO: +22.49%
CATI: +21.36%
GEAR: +20.38%
ENS: +18.1%
MORPHO: +15.23%
ETHFI: +14.12%
BERA: +13.7%
BOME: +13.33%
SSV: +12.81%
CRV: +12.74%
2. Top 5 popular memes on the chain (data source: GMGN ):
GREMLY
Pump
moonpepe
BONK
VLADIMIR
3. 24-hour hot search currencies
PUMP: pump.fun is suspected to have launched its first token repurchase. For specific details of the tokens, please see PUMP public sale sold out in 12 minutes. There are two scenarios after the opening. Which one do you believe?
Headlines
Odaily Planet Daily News: Trump said on social media that he met with 11 of the 12 members needed to pass the GENIUS Act, and they all agreed to support the relevant bill the next morning. House Speaker Mike Johnson participated in the meeting via telephone and looked forward to voting as soon as possible. Trump thanked the members for their quick and positive response.
House of Representatives fails procedural vote on cryptocurrency-related measures
Odaily Planet Daily News According to market news, the US House of Representatives failed to pass a key procedural motion, which blocked the review of bills including several encryption legislation and defense spending bills. The motion was proposed by the Republicans and was ultimately rejected with 196 votes in favor and 222 votes against.
pump.fun is suspected to have launched the first round of PUMP buyback, currently worth $2.1 million
Odaily Planet Daily News: On-chain data shows that the suspected pump.fun address purchased PUMP in multiple transactions in the past hour, launching the first round of PUMP buyback. The current token value is about 2.1 million US dollars. Pump.fun has not announced a buyback plan before.
New Bitcoin proposal to freeze BTC vulnerable to quantum attacks such as Satoshi Nakamoto
Odaily Planet Daily News: Casa CTO and co-founder Jameson Lopp proposed a Bitcoin Improvement Proposal on Tuesday to address the potential threat posed by quantum computers to the Bitcoin network. The proposal, co-authored by six developers, plans to phase out quantum-vulnerable address types in three stages.
According to a recent study by Deloitte, about 25% of Bitcoin is currently at risk of quantum computing, including 1 million Bitcoins believed to belong to Bitcoin founder Satoshi Nakamoto. Experts worry that with the development of quantum computing technology, the private keys of these ancient wallets may be reversed in the next decade.
The proposal will prohibit sending funds to quantum-vulnerable addresses and freeze the bitcoins in these addresses for five years, while encouraging users to adopt post-quantum bitcoin address types. The proposal author emphasized: Bitcoin has never faced an existential threat to its encryption foundation, and a successful quantum attack will cause significant economic disruption and damage to the entire ecosystem. (Decrypt)
Industry News
Odaily Planet Daily reported that Circle has submitted an application to the U.S. Office of the Comptroller of the Currency (OCC) to establish the first digital currency bank in the United States. The bank will focus on providing USDC-related trust functions, reserve management and institutional-level custody services rather than traditional banking services. (Cointelegraph)
Strategy: Currently holds 3% of all Bitcoin in circulation
Odaily Planet Daily News Strategy (MSTR) published a post on the X platform stating that it currently holds 3% of the total amount of Bitcoin in circulation. Earlier reports said that Strategy spent about $472.5 million last week to increase its holdings by 4,225 bitcoins, bringing its total holdings to 601,550 bitcoins, with a holding value of about $71.6 billion.
NYSE Arca: ProShares futures-based XRP ETF approved for listing
Odaily Planet Daily News NYSE ArcaArca said that the ProShares futures-based XRP exchange-traded fund has been approved for listing on the platform. It is not clear when UXRP can start trading, but many people speculate that it may start trading as early as this week. ProShares Ultra XRP ETF (UXRP for short) is a futures-based investment tool. (The Block)
Kraken Launches Derivatives Service in the US Market Kraken Derivatives US
Odaily Planet Daily reported that according to official news, Kraken launched the derivatives service Kraken Derivatives US in the US market, allowing users to directly access cryptocurrency futures listed on the Chicago Mercantile Exchange (CME), and can access digital assets and traditional assets at the same time without affecting functionality, performance or liquidity.
Blockchain lending company Figure Technology plans IPO
Odaily Planet Daily News Figure Technology Solutions is a startup that provides home loans on the blockchain and operates a cryptocurrency exchange. Its co-founder Mike Cagney said that the company plans to go public this fall and is taking advantage of the White Houses more friendly policies toward cryptocurrencies and investors growing interest in the industry to promote related business development. The IPO is a major turning point for Figure, which tried to go public during the administration of former US President Biden but faced resistance from regulators due to improper wording used in regular application documents. (The Information)
Odaily Planet Daily News: Nasdaq-listed company Bit Digital announced that it plans to raise approximately $67.3 million through a private placement of 22 million common shares to institutional investors, and plans to use the funds raised to purchase Ethereum. The company has previously converted all of its Bitcoin reserves into Ethereum, and as of July 7, it held approximately 100,603 ETH, worth approximately $301 million. In addition, Bit Digital disclosed that its preliminary revenue for the second quarter is expected to be between $24.3 million and $26.9 million. (TheBlock)
Galaxy Digital allegedly transferred part of the proceeds from selling BTC to Coinbase
Odaily Planet Daily News Arkham data shows that shortly after Galaxy Digital transferred part of the ancient whale BTC to CEX, a total of 80 million USDT was transferred from the corresponding CEX to Galaxy Digital. Galaxy Digital then transferred the 80 million USDT to Coinbase through an intermediate address.
According to previous news, the Bitcoin ancient whale address transferred a total of 18,343 bitcoins to Galaxy Digital today, of which 2,000 flowed into Bybit and Binance.
Project News
Binance Wallet to Launch Bonding Curve Version of Hyperion (RION) TGE on July 16
Odaily Planet Daily News According to official news, Binance Wallet will work with @hyperion_xyz (RION) to host the first exclusive Token Generation Event (TGE) based on the Bonding Curve mechanism through @four_meme_. The event will start from 8:00 to 10:00 (UTC) on July 16, 2025. Qualified users need to use Binance Alpha Points to participate. TGE details and event page will be announced soon.
RION will become the first token to use the Binance dynamic pricing mechanism for IDO, which will dynamically adjust prices according to market demand and provide users with a more open and transparent subscription method. RION will be listed on Binance Alpha, Gate, MEXC and other exchanges simultaneously.
It is reported that Hyperion is one of the fastest growing DeFi projects in the Aptos ecosystem and has received support from the Aptos Foundations LFM program. The platforms current TVL exceeds US$130 million and its cumulative transaction volume has reached US$700 million.
US Department of Justice closes investigation into prediction platform PolyMarket
Odaily Planet Daily News According to market news: The U.S. Department of Justice has ended its investigation into the prediction platform PolyMarket, marking a victory for cryptocurrency gambling during the administration of U.S. President Trump. (Jinshi)
Odaily Planet Daily News: Trump family crypto project WLFI issued a statement on the X platform to clarify that the governance vote mentioned KYC and re-screening and transaction monitoring through TRM Labs. These are standard compliance updates carried out in the background. Users do not need to take any action. These safeguards have actually been widely adopted by mainstream exchanges and DeFi protocols, which is beneficial to the health of the ecosystem.
According to previous news, the WLFI token transfer proposal has been opened to community voting, and the voting deadline for the proposal is July 17. According to the information on the WLFI governance voting page, the current support rate for the proposal is 99.94%.
Berachain proposes PoL v2 proposal to reallocate 33% of PoL rewards to BERA revenue module
Odaily Planet Daily News: The Berachain team proposed the PoL v2 proposal on July 14, intending to reallocate the 33% PoL rewards originally allocated to BGT to the BERA income module. BERA holders can directly obtain income through the protocol itself without the need for third-party tools. The new proposal also introduces the LST (liquidity staking token) staking mechanism, which supports BERA holders to obtain both verification node rewards and PoL income at the same time, enhancing network security. The proposal is scheduled to launch a community vote on July 21, and will be launched on the mainnet simultaneously after passing.
Eclipse: ES token airdrop claims to be open tomorrow
Odaily Planet Daily News: Eclipse announced on the X platform that the ES token airdrop application will be open at 17:00 Beijing time on July 16, and ES will be issued simultaneously on the Eclipse mainnet, Ethereum mainnet and Solana network.
Odaily Planet Daily News: Letsbonk.fun, a meme startup platform under BONK, announced on the X platform that from now on, every token created on the platform will receive 0.05% of RAY token rewards based on its bonding transaction volume.
Earlier news, Letsbonk.fun founder Tom posted on the X platform that the new website is almost completed and ready to go online, and commented that updates will be rolled out one by one this week.
Arcadia Finance: Please remove Rebalancer permissions immediately
According to Odaily Planet Daily, Arcadia Finance officially announced on the X platform that the team has noticed that attackers have conducted unauthorized transactions through Rebalancer. The official urgently reminds users to immediately remove all Asset Manager permissions and remove all active Rebalancers.
Previously, CertiK Alert monitored that Arcadia Finance had multiple suspicious transactions on the Base chain, and the attacker obtained a total of approximately US$1.6 million.
Investment and Financing
Digital asset management company Two Prime completes $20 million equity financing, led by MARA
Odaily Planet Daily News: Digital asset management company Two Prime has completed a $20 million equity financing, led by bitcoin mining company Marathon Digital (MARA), and participated by Susquehanna Crypto. At the same time, MARA announced that it would increase its bitcoin position entrusted to Two Prime from 500 to 2,000, which is worth about $234 million at the current market price. MARAs chief financial officer said that the increase is aimed at transforming Bitcoin from a passive holding asset to an active income-generating tool. (CoinDesk)
Odaily Planet Daily News: Dakota, a stablecoin-driven financial institution co-founded by former Coinbase executives, announced the completion of a $12.5 million Series A financing round, led by CoinFund, with participation from 6th Man Ventures, Digital Currency Group and Triton Ventures. Dakota uses stablecoins to transfer funds between itself and its customers. This investment is also the latest bet by venture capital firms on the recent popular stablecoin field of cryptocurrencies. (Fortune)
Function Completes $10 Million Seed Round Leaded by Galaxy Digital
Odaily Planet Daily News Crypto infrastructure company Function announced the completion of a $10 million seed round of financing, led by Galaxy Digital, with participation from Antalpha and Mantle. Function (formerly Ignition) is committed to bringing institutional-level returns to Bitcoin. Its flagship product FBTC is a fully-reserve, composable Bitcoin representation with a total locked-in value (TVL) of $1.5 billion.
Function said that FBTC can serve as an entry point for institutional and corporate treasuries to efficiently deploy Bitcoin while maintaining full custody control and 1:1 asset support. Galaxy will provide FBTC with liquidity, governance, and risk framework design support as an investor and core contributor. Function CEO Thomas Chen said, By 2026, it will no longer be enough to view Bitcoin as a passive asset. The new standard will be to actively earn returns. (Coindesk)
XerpaAI, a blockchain AI-driven growth platform, completes $6 million seed round led by UFLY Capital
Odaily Planet Daily reported that Singapores blockchain artificial intelligence-driven growth platform XerpaAI announced the completion of a US$6 million seed round of financing, led by Web3 incubation fund UFLY Capital. The platform uses blockchain, AI and other technologies to achieve automated content creation, influencer interaction, event distribution and other functions to help institutional clients acquire users. The new funds are intended to be used for new product development.
Regulatory policies
The monthly rate of US CPI in June was 0.3%, expected to be 0.30%, and the previous value was 0.10%.
Odaily Planet Daily reported that the monthly rate of CPI in the United States in June was 0.3%, expected to be 0.30%, and the previous value was 0.10%.
The unadjusted core CPI annual rate in June was 2.9%, in line with expectations of 3.00% and the previous value of 2.80%.
The unadjusted CPI annual rate in June was 2.7%, in line with expectations of 2.70% and the previous value of 2.40%.
The seasonally adjusted core CPI monthly rate in June was 0.2%, expected to be 0.30%, and the previous value was 0.10%. (Jinshi)
Character*Voice
V God: The best way to build L2 is to rely more on L1 products
According to Odaily Planet Daily, Vitalik said that the best way to build a second-layer network (L2) is to rely more on the core functions of security, anti-censorship, proof, and data availability provided by the first-layer network (L1), while simplifying the logic of L2 itself into a sequencer and a prover (if based on an OP Stack network such as Base, only the prover role is retained). Vitalik believes that this design can minimize trust dependence and avoid the need for hard forks, which will help build a safer and healthier L2 ecosystem.
Odaily Planet Daily News: JackYi, founder of LD Capital, posted on the X platform that we should be afraid when others are crazy. Market investors must unload leverage when they are particularly Fomo, even if it is low-leverage lending. The best hunter is to wait patiently for new opportunities. Time will never be a problem. We look forward to the confirmation of the interest rate cut in August and September.
Crypto KOL: Backpack will open a debt claim channel for FTX users in China and Russia
Odaily Planet Daily News Crypto KOL AB Kuai.Dong posted on the X platform that multiple sources said Backpack will open a bond market to take over the debts of Chinese and Russian users that FTX previously did not recognize. It is expected that this function will be launched soon, and users will need to synchronize their FTX account information to Backpack to initiate a claim.
In January this year, after acquiring FTX Europe, Backpack took over the debt compensation for European FTX users, subsequently developed an internal claims channel, and officially announced the first phase on April 1.
This process requires users to create an account on Backpack, submit KYC, and connect to the FTX account to initiate a claim.
Ultimately, this move brought a large number of original FTX users to Backpack.
Based on the above results, the community has been circulating since May that Backpack may have to make claims and compensation for FTX users in China.
As we are approaching the eve of product and operation launch, the news has been confirmed by multiple parties.
