- CEX Hot Coins
CEX Trading Volume Top 10 and 24-Hour Price Change:
BTC: +0.86%
ETH: +1.89%
SOL: +2.8%
XRP: +2.31%
BONK: +17.3%
BNB: +0.84%
DOGE: +4.42%
TON: +4.21%
PEPE: +4.35%
SUI: +0.96%
24H Price Increase Ranking (Data Source: OKX):
MENGO: +25.6%
BONK: +16.97%
FLOKI: +16.7%
TURBO: +10.62%
DEGEN: +8.72%
PRCL: +8.64%
PROMPT: +8.59%
CVX: +7.77%
TIA: +7.74%
LQTY: +7.27%
- On-Chain Hot Meme Top 5 (Data Source: GMGN):
AMEP
TAP
america
DOGEWIF
- 24H Trending Coins
AMEP: AMEP is a meme on the Solana chain, rumored to be the abbreviation for Musk's new political party name, which Musk later denied in a post. Its market cap reached around $2.5 million at its peak.
Headlines
UAE Officials Clarify: Cryptocurrency Investors Do Not Qualify for Golden Visa
The UAE Federal Authority for Identity, Citizenship, Customs and Port Security (ICP), Securities and Commodities Authority (SCA), and Virtual Assets Regulatory Authority (VARA) jointly issued a statement denying reports circulating on certain websites and social media platforms about the UAE granting golden visas to cryptocurrency investors. ICP stated that the issuance of golden visas is based on a clear and officially approved framework and standards, which do not include cryptocurrency investors. Eligible candidates include real estate investors and outstanding talents. SCA reiterated that financial regulation follows international standards, and cryptocurrency investments have specific regulations unrelated to golden visas, urging investors to obtain information from official channels. VARA also denied that Dubai is granting golden visas to virtual asset investors, urging investors to only work with regulated companies and clarifying that TON has not received its regulatory approval. The three parties called on the public to exercise caution and refer to official channels for information. (WAM)
Previously, it was reported that Toncoin was collaborating with the UAE to provide a 10-year golden visa to TON stakers.
Musk: "American Party" Will Embrace Bitcoin, Fiat Currency Has No Hope
In response to community users' questions about whether the "American Party" supports Bitcoin, Musk replied: "Fiat currency has no hope, so it will support."
Previously, Musk announced the establishment of the American Party.
Trump Plans to Impose Tariffs of Up to 70% on Certain Countries, Effective August 1
According to the latest public statement, President Trump plans to impose varying tariffs on different countries, with rates ranging from 10%-20% to 60%-70%. Countries will begin paying these tariffs starting August 1, 2025. This move is expected to impact global trade structures and related markets. (Jin Shi)
Industry News
US Treasury Secretary Yellen stated that if no agreement is reached before August 1, tariffs will revert to April levels, and the strategy for trade negotiations is to apply maximum pressure. (Jin Shi)
Hong Kong's Secretary for Financial Services and the Treasury, Christopher Hui, announced at the "Hong Kong Digital Finance Awards 2025" that the licensing system for stablecoin issuers will officially be implemented next month, marking further improvement of Hong Kong's digital asset regulatory framework. The "LEAP" four pillars proposed in the "Hong Kong Digital Asset Development Policy Declaration 2.0" are also being advanced, including legal regulatory optimization, tokenized product expansion, cross-border application scenario development, and talent collaboration, aiming to accelerate Hong Kong's development as a trusted and sustainable digital asset center in Asia.
Jingdong and Ant Group Suggest Central Bank Approve RMB Stablecoin
According to Reuters citing informed sources, Jingdong and Ant Group recently suggested to the People's Bank of China to approve the issuance of RMB-based stablecoins. Jingdong pointed out in closed-door discussions that there is an urgent need to promote the offshore RMB stablecoin as a key tool for advancing the internationalization of the RMB. Additionally, it is reported that Ant Group is preparing to apply for stablecoin-related licenses in Hong Kong and Singapore to make preliminary preparations for the issuance of offshore RMB stablecoins. (Sina Finance)
FTX Creditors Representative: Chinese Users May Lose Claim Rights
FTX creditors representative Sunil posted on the X platform stating that FTX is seeking legal advice for distribution to restricted foreign jurisdictions. However, if it is determined that users belong to restricted foreign jurisdictions, claims will be disputed, and if the issue is not resolved, (users) will lose their distribution rights. Sunil stated that 5% of claims involve restricted countries, and 82% of the claim funds belong to Chinese users.
The trading heat of virtual assets has spread from Hong Kong stocks to A-shares, and recently, many listed companies in Shanghai and Shenzhen have been frequently asked on interactive platforms whether they are planning to engage in stablecoin business. Industry insiders believe that policy opening, efficiency increase, and strategic positioning are driving the market's optimism about stablecoin business. In particular, the "Stablecoin Regulation" in Hong Kong, which will officially take effect on August 1, is the world's first comprehensive regulatory framework for fiat stablecoins.
Project News
Musk: Previous Filing About New Political Party AMEP is a Fake Document
Musk responded to community user @TeslaBoomerMama on the X platform, stating that the Federal Election Commission (FEC) filing documents circulating about the new political party America Party (AMEP) are fake and that he has reported it to the Federal Election Commission.
Trump Family Crypto Project WLFI Token Transfer Proposal Has Taken Effect
The Trump family crypto project WLFI announced on the X platform that the proposal to make WLFI tokens transferable has now taken effect, stating, "Today is Independence Day in the United States, and we are making history." Regarding the unlocking of early supporters, part of the WLFI supply has been sold to early supporters, and some of these tokens will be eligible for unlocking when transferability is launched; the remaining tokens will be voted on by the community to determine the unlocking and release schedule; tokens for founders, teams, and advisors will not be unlocked initially.
The Ethereum Foundation announced that it will provide 3 years of operating funds to Argot Collective to continue supporting its work on the Solidity language and other key open-source infrastructure for Ethereum.
It is reported that Argot was founded by former Ethereum Foundation members and is dedicated to maintaining the tools that Ethereum relies on.
Ondo Finance to Acquire SEC-Regulated Broker Oasis Pro
Ondo Finance will acquire SEC-regulated broker Oasis Pro to promote the development of the US tokenized stock market. The transaction is pending regulatory approval, and the specific acquisition amount has not been disclosed. Ondo will obtain permission to operate as a broker-dealer, ATS, and digital securities transfer agent in the US.
Sonic: Season One Airdrop Claims Will Be Open from July 15 to 22
Sonic officially announced on the X platform that the claims for the first season airdrop will be open at random times between July 15 and 22.
Investment and Financing
Amber Group's listed subsidiary Amber International announced the completion of a $25.5 million private placement, with investors including Pantera Capital, CMAG Funds, and others. The funds will support its $100 million crypto reserve strategy launched in May, aimed at promoting long-term ecosystem development and product innovation. Currently, its reserve assets cover BTC, ETH, SOL, BNB, XRP, and SUI, focusing on RWA asset tokenization and AgentFi, among other areas.
The decentralized cloud platform Impossible Cloud Network (ICN), headquartered in Zug, Switzerland, announced the completion of €28.8 million in financing, with a latest valuation of €398 million. This round was led by NGP Capital, with participation from 1kx, Protocol Labs, and others. ICN also launched its native token ICNT and plans to list on several centralized exchanges, including Binance and Kraken. ICN is committed to building a permissionless Web3 cloud infrastructure, positioning itself as an alternative to traditional cloud giants like AWS.
Web3 infrastructure developer Zypher Network has completed $7 million in financing, co-led by UOB Venture and Signum Capital, with participation from HashKey Capital, Hong Leong Group, Cogitent Ventures, Catcher VC, Hydrogenesis Labs, DWF Venture, and other strategic investors.
Zypher Network is a decentralized trust platform that provides verifiable autonomy for AI agents through zero-knowledge protocols and its dedicated Rollup infrastructure, Zytron.
Fragbite Group Reaches 5 Million Swedish Krona Financing Agreement to Support Bitcoin Purchases
Swedish listed company Fragbite Group announced that it has reached a financing agreement of 5 million Swedish Krona, with investors being a group of shareholders of the company, including the company's CFO Patrik von Bahr (investing approximately 1 million Swedish Krona). It is reported that the funds will be used to purchase Bitcoin to support its newly established Bitcoin Treasury.
People * Voices
At the Ethereum Community Conference (EthCC) held in Cannes, France, Ethereum co-founder Vitalik Buterin stated in an interview that many institutions do not pursue scalability and speed, but rather value Ethereum's stability and reliability. He pointed out, "Many institutions have explicitly told us that they choose Ethereum because it is stable, reliable, and does not go down," emphasizing that long-term features like privacy are what institutions "truly value."
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