1. CEX Popular Cryptocurrencies
CEX Top 10 Trading Volume and 24-Hour Price Changes:
BTC: -1%
ETH: -1.27%
XRP: -0.19%
SOL: -1.22%
BNB: -0.25%
DOGE: -2.62%
BONK: + 1.25%
PEPE: -2.68%
SUI: -2.12%
ADA: -1.5%
24-Hour Gainers List (Data Source: OKX):
PRCL: + 11.21%
PERP: + 9.38%
PSTAKE: + 7.62%
ELF: + 6.69%
ALPHA: + 6.53%
CELO: + 4.45%
GALFT: + 4.05%
GLM: + 3.66%
GLMR: + 3.05%
IP: + 2.25%
2. On-Chain Popular MEME Top 5 (Data Source: GMGN):
match
WCW
MEMELESS
REVS
3. 24-Hour Hot Search Cryptocurrency
BONK: BONK is a MEME coin on the Solana network that has been continuously rising in price due to the popularity of Letsbonk.fun, with a current market cap of $1.75 billion.
Headlines
Trump Announces 25% Tariffs on Japan and South Korea from August 1
US President Trump announced that a 25% tariff will be imposed on goods from Japan and South Korea starting August 1.
MicroStrategy Pauses Bitcoin Purchases for the First Time Since April
MicroStrategy has paused its Bitcoin purchasing spree for the first time since April, with a total holding of 597,325 BTC ($6.5 billion). MicroStrategy co-founder and executive chairman Michael Saylor hinted at the pause last Sunday, saying, "Sometimes you just need to HODL."
According to the 8-K filing submitted to the US SEC, MicroStrategy's digital asset value as of June 30 was $64.36 billion, with an average cost of $70,982 per coin. The fair value of Bitcoin in the second quarter of 2025 appreciated by $14 billion.
FTX creditor representative Sunil updated the FTX claim distribution information on X platform. The total claims from restricted jurisdictions are $470 million, with China being the largest creditor, holding $380 million in claims (82% of restricted claims).
Claims with incomplete KYC (Bahamas) amount to $290 million, disputed claims total $660 million, claims awaiting resolution are $1.4 billion, with a final expected total allowed claims of $11 billion.
Industry News
US SEC Urges Issuers to Revise and Resubmit Spot Solana ETF Applications by End of July
The US Securities and Exchange Commission (SEC) is urging issuers to revise and resubmit spot Solana ETF applications by the end of July, suggesting approval may be faster than expected. Previously, REX-Osprey SOL and Staking ETF were automatically approved and began trading last week under different regulatory rules.
Last year, the Hong Kong Financial Secretary consulted the public about virtual asset OTC trading, initially proposing that the Customs Commissioner would issue licenses and regulate OTC services. Financial Secretary Christopher Hui explained that after legislative council members raised concerns about potential regulatory arbitrage and discovered the market's operational models were more complex than initially thought, they now designate the Hong Kong SFC as the primary regulator, with the HKMA acting as the front-line regulator for bank-related services.
Shenzhen: Warns Against Illegal Fundraising Under the Guise of Stablecoins
Recently, stablecoins have attracted widespread market attention. Monitoring has discovered that some illegal institutions use "financial innovation" and "digital assets" as gimmicks, exploiting the public's limited understanding of stablecoins to absorb funds through issuing so-called "virtual currencies," "virtual assets," and "digital assets," inducing public participation in trading and speculation, disrupting economic and financial order, and breeding illegal activities such as fundraising, gambling, fraud, pyramid schemes, and money laundering, seriously endangering public property safety.
Project News
MicroStrategy Plans to Raise $4.2 Billion by Issuing STRD Stocks
MicroStrategy announced signing a sales agreement to issue STRD stocks (Series A Permanent Stride Preferred Shares) to raise $4.2 billion. The company expects to sell STRD stocks over an extended period under the ATM plan, considering the trading price and volume. MicroStrategy intends to use the net proceeds for general corporate purposes, including Bitcoin purchases and working capital.
TON Foundation: No Formal Agreement Reached on UAE Golden Visa Plan
The TON Foundation clarified that the UAE Golden Visa plan stems from TON's independent collaboration with a blockchain infrastructure and tokenized assets partner. This exploratory work has not yet reached any formal agreement with UAE government entities and is in early development stages, aiming to explore how blockchain-based compliant frameworks might ultimately support real-world residency pathways. Any services must comply with all applicable laws, and application does not guarantee visa issuance, which remains at the discretion of UAE government authorities.
Pump Fun Reportedly Previews Native Token PUMP, Gate Page Briefly Online Then Deleted
The Solana-based MEME coin platform Pump Fun is reportedly planning to launch its native token PUMP on July 12. According to a briefly online Gate page, PUMP token's total supply is 1 trillion, with 15% released in the first round at 0.04 USDT per token, with a 72-hour sales period. The page has since been deleted by Gate.
Trump Media Tech Group Announces Streaming Service Truth+ Platform is Now Live
Trump Media Tech Group announced that the Truth+ streaming service platform is now live. Streaming channels and video-on-demand content are now available globally through the Truth+ app for iOS and Android devices, web platforms, and apps for Apple TV, Android TV, Amazon Fire, and Roku connected TVs.
Investment and Financing
CoreWeave to Acquire Core Scientific in All-Stock Transaction
CoreWeave announced it will acquire digital infrastructure company Core Scientific in an all-stock transaction, with each share valued at $20.40. The agreed exchange ratio implies a company valuation of approximately $9 billion.
Kuru Labs announced the completion of an $11.5 million Series A funding round, led by Paradigm. Kuru Labs is a startup building a decentralized exchange on the Monad Layer 1, using a "hybrid CLOB-AMM model" that combines automated market maker (AMM) functionality with the central limit order book (CLOB) architecture of traditional exchanges.
Personal*Voice
OKX CEO Star stated on the X platform that only around 1% of users will receive inquiries about their funding sources or work and residence information from past years. 99% of users will not be disturbed. These specific inquiries are not intended to collect user privacy information, nor are they in cooperation with any judicial investigation, but rather to clarify facts and ensure the platform is not misused.
