24H Trending Coins & Headlines｜SpaceX Didn't Sell Bitcoin in Q2; Flap's Daily Token Issuance Surpasses Pons (August 5)
- Key Takeaway: Today's cryptocurrency market report shows moderate price fluctuations among major coins, but tokenized stocks, RWA (Real World Asset) tokenization, and competition among DeFi data aggregation platforms have become market hotspots, while regulators have stepped up scrutiny of political meme coins and disaster prediction markets.
- Key Elements:
- Market Performance: BTC, ETH, and other major coins posted 24-hour gains/losses within ±1%, with ZEC leading the top 10 CEX trading volume rankings at +5.47%; on OKX's gainers list, BICO rose 22.27% to take the top spot, while the tokenized stock sector saw significant gains, with AAOX.M leading at +39.68%.
- On-chain Meme Developments: Flap's single-day token issuance (5,593 tokens) surpassed Pons (3,749 tokens), ranking first on Robinhood Launchpad; SpaceX did not sell Bitcoin in Q2 and still holds 18,700 BTC.
- Regulatory Moves: U.S. Democratic senators have requested the SEC investigate Trump meme coins for alleged securities violations, stating that nearly 1 million wallets have suffered combined losses of approximately $3.81 billion; another senator sent a letter to the CFTC urging a ban on California wildfire prediction market trading to prevent intentional arson.
- Security Incidents: Hardware wallet brand Coldcard issued an urgent notice stating that the threat of attacks persists, urging users to immediately migrate funds and regenerate their seed phrases.
- Industry Funding & Expansion: Tokenized securities platform Dinari partnered with Circle to bring S&P 500 constituent stocks on-chain, connecting the stablecoin market with the U.S. stock market; prediction market Polymarket is seeking funding at a valuation exceeding $20 billion; DeepSeek has restarted fundraising (pre-money valuation of 500 billion yuan); AI cloud infrastructure company Volta Infra completed a $300 million funding round.
- Expert Opinions: Arthur Hayes expects ETH to reach $5,000 by year-end, believing it will become the settlement layer for RWA tokenization; CZ stated that if the data is accurate, exchange custody may statistically be safer than self-custody.
1. Trending Tokens on CEX
Top 10 by Trading Volume on CEX and 24-Hour Price Change:
- BTC: + 0.64%
- ETH: + 0.29%
- SOL: + 0.37%
- XRP: - 0.56%
- BNB: + 1.73%
- ADA: - 0.10%
- QQQB: + 3.11%
- DOGE: - 0.33%
- TRX: - 0.74%
- ZEC: + 5.47%
- AAVE: - 3.01%
24-Hour Gainers (Data Source: OKX):
- BICO: + 22.27%
- xSOXL: + 18.57%
- TRA: + 13.88%
- PUMP: + 13.65%
- xPLTR: + 11.51%
- xMRVL: + 10.97%
- xTRE: + 10.59%
- xASTS: + 9.86%
- xSNDK: + 9.04%
- xUSAR: + 8.95%
24-Hour Crypto-Stock Gainers (Data Source: msx.com):
- AAOX.M: 39.68%
- PLTR.M: 27.67%
- MVLL.M: 25.69%
- COHX.M: 25.36%
- SNXX.M: 22.44%
- VOYG.M: 21.85%
- VELO.M: 19.33%
- EOSE.M: 19.20%
- AAOI.M: 19.05%
- LITX.M: 18.38%
2. Trending Meme Tokens On-Chain (Data Source: GMGN):
- 币有
- CATE
- MarsCoin
Headlines
SpaceX Did Not Sell Bitcoin in Q2
BitcoinTreasuries.NET posted on X, stating that Elon Musk's SpaceX did not sell any Bitcoin in Q2 and still holds 18,700 BTC.
Flap's Daily Token Issuance Surpasses Pons, Ranking First on Robinhood Launchpad
According to Dune data, on August 3, Flap issued 5,593 tokens, while Pons issued 3,749 tokens. Flap's token issuance surpassed Pons to rank first on Robinhood Launchpad. Flap briefly overtook Pons in daily token issuance on July 17 but was quickly overtaken again by Pons.
Senators Urge SEC to Investigate Trump Meme Coin
US Democratic Senators Elizabeth Warren and Richard Blumenthal sent a letter to SEC Chair Paul Atkins on Monday, urging an investigation into whether President Trump-related Meme coins violate securities laws.
The two senators cited reports in the letter stating that since the Trump Meme coin launched in January 2025, nearly 1 million crypto wallets have incurred losses, totaling approximately $3.81 billion. They accused Trump of potential involvement in a "Rug pull" and urged the SEC to determine whether fraudulent arrangements or securities law violations exist.
Warren and Blumenthal stated that despite the token being driven by Trump's own public statements, its price has fallen sharply, making it necessary for the SEC to investigate potential fraudulent schemes and prevent continued extraction of massive value from hundreds of thousands of investors.
Coldcard: Attack Threat Persists, Users Urged to Migrate Funds Immediately
Bitcoin hardware wallet brand Coldcard issued a notice urging users to migrate funds immediately in response to an ongoing security threat. Coldcard stated that users should review security advisories based on their device model, upgrade device firmware, regenerate new mnemonic seeds, and carefully transfer funds from their wallets. The company emphasized that this should be treated as an emergency — migrate funds, upgrade devices, generate new seeds, and complete transfers with caution. Coldcard also called on the community to help spread the message, especially to users who are not frequently online and may not see updates in time. The company stated that the threat has not yet ended, urging users to remain vigilant and take action as soon as possible.
Industry News
New York Federal Appeals Court Upholds SBF's Conviction for Fraud and Conspiracy
A New York federal appeals court on Tuesday upheld SBF's conviction for fraud and conspiracy following the collapse of his crypto exchange FTX. In 2024, SBF was sentenced to 25 years in prison for orchestrating what prosecutors called one of the largest financial frauds in US history. A three-judge panel of the US Second Circuit Court of Appeals ruled that SBF was the "driving force" behind the fraud scheme, which diverted billions of dollars from customers and investors.
US Democratic senators have written to Commodity Futures Trading Commission (CFTC) Chair Michael Selig, demanding a ban on California wildfire-related event trading on prediction markets, citing concerns that traders could artificially cause disasters for profit.
The letter, led by Oregon Senator Jeff Merkley, referenced that during the Los Angeles wildfires in January 2025, related prediction markets generated approximately $1.2 million in trading volume. Among them, the market for the complete containment date of the Palisades Fire saw trading volume of $711,600, with the largest single bet at approximately $274,800, with most funds wagered on later containment dates.
Project News
Dinari, a tokenized securities company headquartered in California, announced a partnership with stablecoin issuer Circle to offer blockchain-based tokenized stock trading for US investors, with plans to bring the entire S&P 500 index constituents on-chain.
Dinari stated that its platform represents underlying stocks through dShares, with each token corresponding to a real security held in custody by regulated institutions. Investors can buy and sell stocks using USDC through self-custody wallets, with support for instant settlement and cross-platform asset transfers. The model aims to connect the approximately $300 billion stablecoin market with the over $60 trillion US stock market. Dinari's platform is currently live in 85 jurisdictions, supporting more than 6,000 tokenized assets.
Polymarket Seeking Funding at Over $20 Billion Valuation
Prediction market Polymarket is seeking funding at a valuation exceeding $20 billion.
Fundraising
DeepSeek Restarts Fundraising Round with Pre-Money Valuation of 500 Billion RMB
Multiple dealmakers revealed that AI model company DeepSeek has restarted its second fundraising round, planning to raise 50 billion RMB at a pre-money valuation of approximately 500 billion RMB, with plans to finalize signing by late August. Several investors noted that DeepSeek's second round had begun at least by mid-July but was suddenly paused at the end of July, when some investors on the backup negotiation list were told that plans to sign funding agreements had been postponed. According to media reports on July 26, one reason for pausing the second round was DeepSeek founder Liang Wenfeng's dissatisfaction with widely circulated online remarks, primarily surrounding an allegedly leaked "investor meeting transcript." DeepSeek and the investors in active negotiations hope the round can proceed discreetly after the restart. Currently, some investment institutions that had previously shown active interest stated they have not yet received word of DeepSeek's fundraising restart, and the channel remains on hold.
AI cloud infrastructure company Volta Infra Holdings announced the completion of a $300 million venture funding round, co-led by Andreessen Horowitz and Altimeter Capital, with participation from NVIDIA and Dell Technologies founder Michael Dell. Additionally, Volta secured support from a $5 billion customer financing pool designed to help small and mid-sized AI companies lower the barrier to purchasing NVIDIA's high-end chips. The company also disclosed that it has signed a $10 billion, six-year cloud computing services contract with an unnamed leading AI developer. The contract will be delivered in partnership with Bitdeer, leveraging its 133 MW data center in Norway. Volta was co-founded earlier this year by Ricard Boada and Sofia Gumuzio, former infrastructure business executives at Brookfield Asset Management. The company has already secured 1 GW of data center power capacity and plans to develop new sites in Texas and Wyoming, targeting multi-gigawatt compute capacity deployment by 2030.
Blockchain rewards platform Bundle announced the completion of a $5.5 million Pre-Seed funding round, co-led by Ethereal Ventures and Further Ventures — the former being affiliated with Ethereum co-founder Joe Lubin — with participation from Nascent, GSR, Scenius Capital, Anchorage Digital, and Nuwa Capital. Bundle's blockchain-based shared rewards network allows multiple brands to pool incentive budgets into a larger rewards pool while lowering customer acquisition costs (CAC), enabling transparent and secure reward distribution through blockchain infrastructure.
People & Voices
SpaceX CFO: Signed $6.7 Billion in Cloud Contracts in Q3, Targeting $100 Billion ARR by Year-End
SpaceX CFO Bret Johnsen disclosed during this morning's earnings call: "In the first few weeks of Q3, we've already signed an additional $6.7 billion in cloud contract revenue (over a six-month period, gradually ramping up starting in October). We believe that, including contributions from Cursor and based on our expected revenue for December, this will enable us to reach $100 billion in ARR (annual recurring revenue) by the end of the year."
Arthur Hayes: ETH Will Rise to $5,000 by Year-End
In his latest article "Situationship," Arthur Hayes stated that ETH is the most hated and easily forgotten mega "shitcoin" on the market — even as most shitcoins in the top 10 by market cap have hit new highs, ETH has yet to break above its 2021 all-time high of $5,000. However, in his view, the new narrative is that enterprise-grade RWA chains like Robinhood will use customizable Ethereum Layer 2 solutions like Arbitrum. Ethereum will become the security settlement layer for these chains, and therefore — even if the actual gas fees directly attributable to Ethereum are minimal — ETH is the shitcoin driving the "tokenization of everything."
Bonk Guy: Once Gave Back Eight-Figure Gains, Will Continue Taking Profits This Cycle
Bonk Guy posted on X, saying he had made major mistakes in the past due to blind loyalty to his positions and community. In the last cycle, he gave back all of his eight-figure gains in pursuit of social influence. When the market turned, community members not only failed to support him but mocked him instead.
Bonk Guy stated he will not repeat the same mistakes this cycle. He believes social influence is merely a fleeting vanity metric, and when the market reverses, communities can easily turn their backs on participants.
CZ Responds to BTC Loss Data: If Accurate, Exchange Custody Is Safer than Self-Custody
CZ forwarded Willy Woo's post about Bitcoin loss data, stating that if the data is accurate, statistically speaking, assets held on exchanges may be safer than self-custody. Exchange hacks are easier to track, while cases of self-custody wallet theft or asset loss are often not publicly disclosed, making such data harder to collect. On the other hand, exchange data is also skewed by defunct exchanges. Finally, CZ emphasized that neither custody method is absolutely superior — different solutions suit different users, and a balanced approach to asset custody may be the better choice.
