1. Popular currencies on CEX
CEX top 10 trading volume and 24-hour rise and fall:
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%
24 H increase list (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%
2. Top 5 popular memes on the chain (data source: GMGN ):
AMEP
TAP
america
DOGEWIF
3. 24-hour hot search currencies
AMEP: AMEP is a meme on the Solana chain. It was rumored online that it was the abbreviation of Musk’s new political party. Musk later issued a statement to refute the rumor. The market value reached a maximum of around 2.5 million US dollars.
Headlines
UAE officials clarify: Cryptocurrency investors are not eligible for golden visas
The UAE Federal Authority for Identity, Citizenship, Customs and Ports (ICP), the Securities and Commodities Authority (SCA) and the Virtual Asset Regulatory Authority (VARA) jointly issued a statement denying reports circulating on certain websites and social media platforms that the UAE is granting golden visas to digital currency investors. ICP said that the issuance of golden visas is based on a clear and officially approved framework and criteria, which does not include digital currency investors. Those who meet the conditions include real estate investors, outstanding talents, etc. SCA reiterated that financial regulation is in accordance with international standards, and digital currency investment has specific regulations and is not related to golden visas. Investors are reminded to obtain information from official channels. VARA also denied that Dubai issued golden visas to virtual asset investors, urged investors to only work with regulated companies, and clarified that TON is not licensed by it. The three parties called on the public to be cautious and refer to official channels for information. (WAM)
According to previous news, Toncoin has cooperated with the UAE to provide a 10-year golden visa to TON pledgers.
Musk: The "American Party" will embrace Bitcoin, and there is no hope for fiat currency
When asked by a community user whether the US party supports Bitcoin, Musk replied: "There is no hope for fiat currency, so I will support it."
Earlier news, Musk announced the establishment of the American Party."
Trump plans to impose tariffs of up to 70% on some countries, effective August 1
According to the latest public statement, US President Trump plans to impose tariffs of varying proportions on different countries, ranging from 10%-20% to 60%-70%, and countries will start paying these tariffs from August 1, 2025. This move is expected to have an impact on the global trade structure and related markets. (Jinshi)
Industry News
U.S. Treasury Secretary Benson said that if no agreement is reached before August 1, tariffs will be restored to April levels, and the strategy for trade negotiations is to exert maximum pressure. (Jinshi)
At the "Hong Kong Digital Finance Awards 2025", the Secretary for Financial Services and the Treasury, Paul Hui, said that the licensing system for stablecoin issuers will be officially implemented next month, marking the further improvement of Hong Kong's digital asset regulatory framework. The four pillars of "LEAP" proposed in the "Hong Kong Digital Asset Development Policy Declaration 2.0" are also being promoted simultaneously, including legal supervision optimization, tokenized product expansion, cross-border application scenario development and talent cooperation, aiming to accelerate Hong Kong to become a reliable and sustainable Asian digital asset center.
JD.com and Ant Group suggest that the central bank approve RMB stablecoin
According to Reuters, citing people familiar with the matter, JD.com and Ant Group recently proposed to the People's Bank of China to approve the issuance of RMB-based stablecoins. JD.com pointed out in a closed-door discussion that it is urgent to promote the implementation of offshore RMB stablecoins as a key tool to promote the internationalization of the RMB. There are also reports 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 creditor representative: Chinese users may lose their right to claim compensation
Sunil, a representative of FTX creditors, posted on the X platform that FTX is seeking legal advice to distribute to restricted foreign jurisdictions. However, if it is determined that the user belongs to a restricted foreign jurisdiction, the claim will be disputed, and if the issue is not resolved, (the user) will lose the right to distribute. Sunil said that 5% of the claims involve restricted countries and 82% of the claimed funds belong to Chinese users.
The popularity of virtual asset trading has spread from Hong Kong stocks to A-shares. Recently, many listed companies in Shanghai and Shenzhen have been frequently asked on interactive platforms whether they have deployed stablecoin business. Industry insiders believe that the opening of policies, increased efficiency and strategic positioning have jointly driven the market's optimism about stablecoin business. In particular, the Hong Kong "Stablecoin Ordinance", which will officially take effect on August 1, is the world's first comprehensive regulatory framework for legal currency stablecoins.
Project News
Musk: Previous filing of new political party AMEP was a fake document
Musk responded to community user @TeslaBoomerMama on the X platform, saying that the Federal Election Commission (FEC) filing documents about the circulating new political party America Party (AMEP) were false and had been reported to the Federal Election Commission.
Trump family crypto project WLFI token transfer proposal goes live
The Trump family crypto project WLFI announced on the X platform that the proposal to make WLFI tokens transferable is now effective, "Today is the Independence Day of the United States, and we are making history." Regarding early supporter unlocking, part of the WLFI supply has been sold to early supporters, and a portion of these tokens will be eligible to unlock when transferability is launched; the remaining tokens will be subject to a second vote by the community to determine the unlocking and release schedule; founder, team and advisor tokens will not be unlocked initially.
The Ethereum Foundation announced that it will provide three years of operating funding to Argot Collective to continue supporting its work on the Solidity language and other key open source infrastructure of Ethereum.
It is reported that Argot was founded by former members of the Ethereum Foundation and is committed to maintaining the tools that Ethereum relies on.
Ondo Finance to acquire SEC-regulated broker Oasis Pro
Ondo Finance will acquire Oasis Pro, a broker regulated by the U.S. Securities and Exchange Commission (SEC), to promote the development of the tokenized stock market in the United States. The transaction is still subject to regulatory approval. The specific acquisition amount has not been disclosed. At that time, Ondo will obtain a license to operate a broker-dealer, ATS and digital securities transfer agent in the United States.
Sonic: Season 1 airdrop claims will be open from July 15 to 22
Sonic officially announced on the X platform that the first season airdrop claim will be open at a random time between July 15 and 22.
Investment and Financing
Amber International, a listed subsidiary of Amber Group, announced the completion of a $25.5 million private placement financing, with investors including Pantera Capital, CMAG Funds and other institutions. The funds will be used to support its $100 million crypto reserve strategy launched in May, aiming to promote the long-term development of the ecosystem and product innovation. Currently, its reserve assets cover BTC, ETH, SOL, BNB, XRP and SUI, with a focus on RWA asset tokenization and AgentFi.
Impossible Cloud Network (ICN), a decentralized cloud platform headquartered in Zug, Switzerland, announced the completion of 28.8 million euros in financing, with the latest valuation reaching 398 million euros. 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 multiple centralized exchanges such as Binance and Kraken. ICN is committed to building a permissionless Web3 cloud infrastructure, positioning itself as an alternative to traditional cloud giants such as AWS.
Web3 infrastructure developer Zypher Network has completed a US$7 million financing round, 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.
Swedish listed company Fragbite Group announced that it has reached a financing agreement of 5 million Swedish kronor, with investors including a group of shareholders of the company, including the company's financial director Patrik von Bahr (investing about 1 million Swedish kronor). It is reported that the funds raised are intended to purchase Bitcoin to support its newly established Bitcoin Treasury.
Character*Voice
At the Ethereum Community Conference (EthCC) held in Cannes, France, Ethereum co-founder Vitalik Buterin said in an interview that many institutions do not pursue scalability and speed, but rather value the stability and reliability of Ethereum. He pointed out that "many institutions have clearly told us that they choose Ethereum because it is stable, reliable, and will not go down," and emphasized that long-term features such as privacy are the features that institutions "really value."
