1. Popular currencies on CEX
CEX top 10 trading volume and 24-hour rise and fall:
BTC: +0.09%
ETH: +0.55%
XRP: +1.27%
SOL: -0.53%
DOGE: -2.11%
UNI: +4.65%
BNB: -0.48%
HABR: -6.14%
AAVE: +1.66%
ENA: -4.14%
24 H increase list (data source: OKX):
TRUBO: +27.81%
SWFTC: +18.44%
POLYDOGE: +14.1%
BANANA: +13.54%
1INCH: +12.37%
SKL: +10.7%
PENGU: +9.64%
BIO: +9.4%
NAVX: +8.76%
PROMPT: +8.57%
2. Top 5 popular memes on the chain (data source: GMGN ):
GREMLY
ALT
GIGA
SMOKEY
FARTCOIN
3. 24-hour hot search currencies
BTC: Breaking through the $120,000 mark. For details, see Bitcoin breaks through $120,000 for the first time. Why is no one shouting that it has taken off?
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
BTC once broke through 123,000 USDT, setting a new record high
Odaily Planet Daily reported that OKX market data showed that BTC broke through 123,000 USDT and is now trading at 123,001.3 USDT, with a 24-hour increase of 4.24%.
Trump: More friendly tariff policies will be implemented
Odaily Planet Daily reported that US President Trump said that he would have dialogues with various countries on the issue of tariffs. The tariff letter is the content of the trade agreement, and more friendly tariff policies will be implemented. (Jinshi)
The CLARITY Act will be voted on Wednesday, and the GENIUS Act will be voted on Thursday morning
Odaily Planet Daily News: Industry insiders revealed that the preliminary schedule for the U.S. House of Representatives Crypto Week includes a vote on the CLARITY Act (Digital Asset Market Clarity Act) on Wednesday and a vote on the GENIUS Act (U.S. Stablecoin Guidance and Innovation Establishment Act) on Thursday morning. The U.S. Congress is expected to push U.S. crypto legislation to an unprecedented level, and the crypto industry has gained greater support among legislators. (CoinDesk)
PUMP officials only injected $4 million in initial liquidity
According to the monitoring of chain analyst Ai 姨 @ai_ 9684 xtpa, the PUMP project has only injected about 4 million US dollars of initial liquidity in batches, which is far lower than the current total liquidity of 50 million US dollars. The spot price is about 0.0055 US dollars, which is still higher than the public offering price of 0.004 US dollars.
Binance contract data shows that the PUMP funding rate continues to be positive, and bullish sentiment is strong. Despite this, the contract position has not dropped significantly since its launch. In addition, 24% of the airdrop shares belong to the community and ecosystem, and the official release plan has not yet been announced.
SharpLink Gamings ETH holdings surpassed the Ethereum Foundation for the first time and ranked first
Odaily Planet Daily News: With SharpLink Gaming increasing its holdings by 16,374 ETH today, its total holdings reached 270,000 ETH, surpassing the Ethereum Foundations 242,500 ETH and ranking first.
Industry News
Binance will adjust the portfolio margin collateral ratio
According to the official announcement, Binance will adjust the collateral rates of TRUMP, AIXBT, NEWT, SOPH, GUN, and HUMA at 06:00 (UTC) on July 15, 2025, and KAVA, APE, ZIL, IO, SKL, and CHR at 06:00 (UTC) on July 18, 2025. The adjustment period is about 30 minutes, and users need to pay close attention to the unified maintenance margin rate to avoid potential liquidation risks.
Binance Wallet and Four.Meme launch a new TGE model based on the Bonding Curve mechanism
Odaily Planet Daily News According to the official announcement, Binance announced that it will launch a new token generation activity (TGE) model combining the Bonding Curve mechanism in the Binance wallet, and cooperate with Four.Meme to launch the first project. This is the first time that the Binance platform has introduced the Bonding Curve dynamic pricing model to carry out TGE activities.
Under this mechanism, users can use BNB to purchase tokens from the Bonding Curve contract, and the price will automatically rise along the preset curve with the purchase quantity, that is, the price changes in real time with market demand, rather than being fixed. During the subscription period, tokens can only be traded within the Bonding Curve ecosystem, and users can choose to sell back tokens during the event period or wait for the TGE to end before they can circulate freely on the Binance Alpha platform.
The first project to adopt this mechanism will be announced on July 15 through the official Binance Wallet X account.
Odaily Planet Daily News: According to market news: Grayscale has secretly submitted a draft registration for an initial public offering to the US SEC. The number of shares to be registered and the price range have not yet been finalized. This registration is expected to be implemented after the SEC completes the review process, which will depend on market and other conditions.
More than 50 companies in Hong Kong intend to apply for stablecoin licenses
Odaily Planet Daily News: With the Stablecoin Ordinance to be officially implemented on August 1, 50 to 60 companies are currently interested in applying for Hong Kong stablecoin licenses, half of which are payment institutions and the other half are well-known Internet companies, most of which have Chinese backgrounds. The industry expects that only 3 to 4 licenses will be issued in the first phase, and the initial stablecoins will mainly be pegged to the Hong Kong dollar and the US dollar. (Hong Kong 01)
Matador Technologies plans to raise $900 million CAD to continue buying Bitcoin
Odaily Planet Daily News: Bitcoin ecosystem company Matador Technologies has submitted a prospectus to the securities commissions of various provinces in Canada except Quebec, which disclosed that it intends to sell and issue common shares, debt securities, warrants, subscription receipts, etc. from time to time within 25 months to raise a total of up to 900 million Canadian dollars. This fund is intended to be used for future growth opportunities, continued strategic acquisition of Bitcoin and accumulation of Bitcoin treasury assets. (Globenewswire)
Click Holdings (stock code: CLIK) announced plans to establish a Bitcoin and Solana reserve of up to $100 million to drive the modernization of its elderly care business. The company said the strategy will also support the crypto integration of employee salaries and customer payment systems.
It is not clear how Click Holdings will raise the funds. Its latest financial report shows that as of December 31, 2024, the company had $544,000 in cash and a market value of approximately $13 million. (NLNico)
Sonnet to merge into Hyperliquid Strategies, holding 12.6 million HYPE and $300 million in cash
Odaily Planet Daily News: Nasdaq-listed Sonnet BioTherapeutics announced that it will merge with Rorschach I LLC to form Hyperliquid Strategies and launch a crypto treasury strategy. The new entity will be renamed Hyperliquid Strategies and is expected to hold 12.6 million HYPE tokens and $305 million in cash, with a total valuation of approximately $888 million.
Rorschach I LLC was jointly established by Atlas Merchant Capital and Paradigm Operations and other sponsors. After the merger is completed, Hyperliquid Strategies will continue to be listed on Nasdaq and become a publicly traded company focused on crypto asset management, and the stock code will also be changed.
The transaction was supported by institutions such as Paradigm, Galaxy Digital, Pantera Capital, D 1 Capital, Republic Digital and 683 Capital. (The Block)
Odaily Planet Daily reported that Metaplanet CEO Simon Gerovich formed a consortium with Sora Ventures, KCGI and other institutions to acquire shares of South Korean system integrator SGA through a private placement to further promote Asias Bitcoin reserve strategy.
According to regulatory approval, SGA will issue more than 58 million common shares to the consortium, raising approximately 34.5 billion won (approximately 25 million US dollars), and the new shares are expected to be listed on September 24. After the transaction is completed, Asia Strategy Partners LLC will become SGAs largest shareholder, SGAs management will remain unchanged, control will be transferred to the new investor, and the new shares will be subject to a one-year lock-up period. (Decrypt)
Abraxas Capital shorted spot to hedge, with current floating losses exceeding $107 million
According to Odaily Planet Daily, according to Lookonchain monitoring, two addresses of Abraxas Capital have been shorting multiple tokens such as BTC, ETH, SOL, etc. to hedge their spot positions. However, as the market rises, the current hedging portfolio has a floating loss of more than 107 million US dollars.
Crypto KOL accidentally destroyed $75,000 worth of PUMP tokens
Odaily Planet Daily News Crypto KOL @CryptoCharming 1 posted on the X platform that he accidentally destroyed PUMP tokens worth $75,000 through the Axiom platform when sorting his wallet. He also said that he did not notice it at first, and only realized the error after seeing @BroLeonAuss tweet.
Project News
Odaily Planet Daily reported that Declan Fox, the head of Linea project, posted on the X platform that Lineas token economics and governance details will be announced at the end of July (not the token generation event TGE). The airdrop query tool and eligibility criteria will be announced a few days before TGE. The specific time of TGE depends on external factors such as CEX, but it will not be delayed too long.
Odaily Planet Daily News: According to the announcement of the Movement Network Foundation, the MOVE repurchase has been completed. The foundation has repurchased approximately 180 million MOVE tokens at an average price of approximately US$0.21.
Infini will launch new Infini Earn Yield in September, integrating CeFi and DeFi
Odaily Planet Daily News: Infini announced on the X platform that it will launch the new Infini Earn Yield in September. The product adopts a yield engine that mixes CeFi and DeFi strategies, aiming to provide users with a safer and smarter on-chain savings solution.
As previously reported, Infini announced that it would stop the Infini Card service and would automatically refund the card opening fee.
Lagrange Foundation: LA token repurchase may be carried out in the future to stabilize token prices
Odaily Planet Daily News: Lagrange Foundation posted on the X platform, Paying attention to the fluctuations in the price of LA tokens, in response to this situation, the Lagrange Foundation announced that it may repurchase LA tokens in the future to help stabilize the price. After the repurchase occurs, it will be disclosed to the community in a timely manner. Any repurchased LA tokens will be kept in a regulated custodian or primary broker account.
Investment and Financing
Ondo Finance announces acquisition of blockchain development firm Strangelove
Odaily Planet Daily News According to official news, Ondo Finance announced the acquisition of blockchain development company Strangelove. The specific acquisition price has not been disclosed. This acquisition will expand Ondo’s engineering and product capabilities, enabling it to develop the infrastructure to put RWA on the chain.
XerpaAI Completes $6 Million Seed Round, Led by UFLY Capital
Odaily Planet Daily News XerpaAI announced the completion of a $6 million seed round of financing, led by UFLY Capital. The project was launched in early 2025, and has now established operations teams in Silicon Valley, Tokyo, and Singapore, and has achieved revenue. This round of funds will be mainly used for product iteration and market expansion.
Regulatory policies
Feds Hammack: No urgent need to cut rates yet
Odaily Planet Daily News: Fed President Hammack said there is no urgent need to cut interest rates at present. If the Fed sees economic weakness, it will undoubtedly respond. (Jinshi)
Odaily Planet Daily News According to market news, the Italian Foreign Minister said that if no agreement is reached with the United States, the European Union has prepared a tariff list worth 21 billion euros on American goods. (Jinshi)
Hungarys new crypto law takes effect, with up to 8 years in prison for illegal transactions
Odaily Planet Daily News: Hungary officially implemented new cryptocurrency legislation on July 1, prohibiting any unlicensed digital asset trading activities. Individuals who use unlicensed encryption services can be sentenced to up to 2 years in prison; those with a single transaction amount exceeding 50 million forints (about 140,000 US dollars) can be sentenced to up to 3 years in prison, and those with a single transaction amount exceeding 500 million forints can be sentenced to up to 5 years in prison. If you are an unlicensed service provider, the sentence can be up to 8 years.
It is reported that the financial technology platform Revolut has announced the suspension of its cryptocurrency services in Hungary. Local media pointed out that about 500,000 Hungarians have invested in crypto assets through legal income, and the details of regulatory enforcement are not yet clear. (Forbes)
Character*Voice
Coinbase Chief Legal Officer Denies Involvement in Negative Reports Against WLFI and Binance
Odaily Planet Daily News: Coinbase Chief Legal Officer Paul Grewal publicly denied the companys involvement in negative reports against the World Liberty Financial project and Binance on the X platform.
Earlier, Matt Wallace claimed that there was evidence that Coinbase was the anonymous source of these offensive reports and suggested that this was related to the possible amnesty of CZ, the former CEO of Binance. Grewal responded: This is pure false information. We are absolutely not involved in this report. We do not attack competitors. We welcome any business that shares our goal of expanding the crypto market.
Odaily Planet Daily News: LD Capital founder Yi Lihua posted on the X platform that the Shanzhai season may have to wait until the interest rate cut is confirmed in August or September before the market will truly usher in liquidity overflow. Investors can currently focus on researching and tracking potential dark horse projects.
