1. CEX Popular Cryptocurrencies
CEX Top 10 Trading Volume and 24-Hour Price Changes:
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%
24H Gainers 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 On-Chain Meme (Data Source: GMGN):
GREMLY
ALT
GIGA
SMOKEY
FARTCOIN
3. 24H Hot Search Cryptocurrencies
BTC: Breaking through $120,000, details can be found in《Bitcoin First Breaks Through $120,000, Why Isn't Anyone Shouting About Taking Off?》.
PUMP: pump.fun has completed token public sale, details can be found in《PUMP Public Sale Sold Out in 12 Minutes, What Are the Two Scenarios After Opening?》.
Headlines
BTC Temporarily Breaks Through 123,000 USDT, Continues to Create New Historical High
Odaily Report: OKX market shows BTC breaking through 123,000 USDT, currently at 123,001.3 USDT, with a 24H increase of 4.24%.
Trump: Will Implement More Friendly Tariff Policies
Odaily Report: US President Trump said he will dialogue with various countries on tariff issues, tariff letters are part of trade agreements, and will implement more friendly tariff policies. (Jinshi)
Odaily Planet Daily News: Nasdaq-listed Sonnet BioTherapeutics announced a merger with Rorschach I LLC to form Hyperliquid Strategies and launch a crypto vault strategy. The new entity will be renamed Hyperliquid Strategies, 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 established by Atlas Merchant Capital, Paradigm Operations-related parties, and other sponsors. After the merger, Hyperliquid Strategies will continue to be listed on Nasdaq as a publicly traded company focused on crypto asset management, with its stock ticker to be changed.
The transaction is supported by institutions including Paradigm, Galaxy Digital, Pantera Capital, D 1 Capital, Republic Digital, and 683 Capital. (The Block)
Metaplanet CEO Leads Consortium to Acquire Korean Firm SGA, Advancing Asian Bitcoin Reserve Strategy
Odaily Planet Daily News: Metaplanet CEO Simon Gerovich, along with Sora Ventures, KCGI, and other institutions, will acquire shares of Korean system integrator SGA through a private placement, further promoting the Asian Bitcoin reserve strategy.
According to regulatory approval, SGA will issue over 58 million new ordinary shares to the consortium, raising approximately 34.5 billion Korean won (about $25 million), with the new shares expected to be listed on September 24. After the transaction, Asia Strategy Partners LLC will become SGA's largest shareholder, with management remaining unchanged and control transferred to the new investors, subject to a one-year lock-up period. (Decrypt)
Odaily Planet Daily News: According to Lookonchain monitoring, Abraxas Capital has been continuously shorting BTC, ETH, SOL, and other tokens from two addresses to hedge its spot positions. However, with market increases, the hedging portfolio is currently experiencing an unrealized loss of over $107 million.
Crypto KOL Accidentally Destroys PUMP Tokens Worth $75,000
Odaily Planet Daily News: Crypto KOL @CryptoCharming posted on X platform that while organizing his wallet, he accidentally destroyed PUMP tokens worth $75,000 through the Axiom platform. He initially didn't notice the mistake until seeing @BroLeonAus's tweet.
Project News
Odaily Planet Daily News: Linea Project Lead Declan Fox posted on X platform that Linea's token economics and governance details will be announced by late July (not Token Generation Event TGE). An airdrop query tool and eligibility criteria will be published days before TGE, with the specific TGE timing depending on external factors like CEX, but not to be delayed too long.
Odaily Planet Daily News: According to the Movement Network Foundation announcement, the MOVE buyback has been completed, with the foundation repurchasing approximately 180 million MOVE tokens at an average price of about $0.21.
Infini to Launch New Infini Earn Yield in September, Blending CeFi and DeFi
Odaily Planet Daily News: Infini posted on X platform that it will launch a new Infini Earn Yield in September, using a hybrid CeFi and DeFi strategy yield engine aimed at providing users with a safer, smarter on-chain savings solution.
Previously reported, Infini announced the suspension of Infini Card service, with card fees to be automatically refunded.
Lagrange Foundation: Potential LA Token Buyback to Stabilize Token Price
Odaily Planet Daily News: Lagrange Foundation posted on X platform, "Noting the volatility of LA token price, to address this situation, Lagrange Foundation announces potential future LA token buybacks to help stabilize the price. Buyback actions will be promptly disclosed to the community. Any repurchased LA tokens will be held in regulated custodian or prime broker accounts."
Investments
Ondo Finance Announces Acquisition of Blockchain Development Company Strangelove
Odaily Planet Daily News: According to official sources, 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 the development of infrastructure for putting RWA on-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, led by UFLY Capital. The project was launched in early 2025, with operational teams already established in Silicon Valley, Tokyo, and Singapore, and revenue generated. This round of funding will primarily be used for product iteration and market expansion.
Regulatory Policies
Fed's Harker: No Urgent Need for Rate Cut Currently
Odaily Planet Daily News: Federal Reserve's Harker stated that there is currently no urgent need for a rate cut, and the Fed will undoubtedly respond if economic weakness is observed. (Jinshi)
EU Prepares €21 Billion Tariff List on US Goods if No Agreement Reached
Odaily Planet Daily News: According to market sources, the Italian Foreign Minister stated that the EU has prepared a €21 billion tariff list targeting US goods if no agreement is reached with the United States. (Jinshi)
New Hungarian Crypto Law Takes Effect, Illegal Trading Punishable by Up to 8 Years in Prison
Odaily Planet Daily News: Hungary officially implemented new cryptocurrency legislation from July 1, prohibiting any unauthorized digital asset trading activities. Individuals using unlicensed crypto services can face up to 2 years in prison; transactions over 50 million forints (about $140,000) can result in 3 years, and those over 500 million forints can face up to 5 years. Service providers without a license can face up to 8 years in prison.
Fintech platform Revolut has announced the suspension of its cryptocurrency services in Hungary. Local media indicates that about 500,000 Hungarians have invested in crypto assets through legal income, with regulatory implementation details still unclear. (Forbes)
People & Voices
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 company's involvement in negative reports targeting the World Liberty Financial project and Binance on the X platform.
Previously, Matt Wallace claimed to have evidence that Coinbase was the anonymous source of these "attack reports," suggesting a connection to potential clemency for Binance's former CEO CZ. Grewal responded: "This is pure misinformation. We absolutely did not participate in this report. We do not attack competitors, and we welcome any enterprise whose goal is to expand the crypto market like ours."
Yi Lihua: Altcoin Season May Begin After Confirmed Rate Cut in August or September
Odaily Planet Daily News: LD Capital founder Yi Lihua posted on X platform that the altcoin season might have to wait until a rate cut is confirmed in August or September, when market liquidity truly overflows. Investors can currently focus on researching and tracking potential dark horse projects.
