1. Popular currencies on CEX
CEX top 10 trading volume and 24-hour rise and fall:
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 H increase 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. Top 5 popular memes on the chain (data source: GMGN ):
match
WCW
MEMELESS
REVS
3. 24-hour hot search currencies
BONK: BONK is a meme coin on the Solana network. Due to the popularity of Letsbonk.fun, the token price has continued to rise recently, and the current market value is 1.75 billion US dollars.
Headlines
Trump announced that he would impose a 25% tariff on Japan and South Korea starting August 1
US President Trump announced that starting from August 1, a 25% tariff will be imposed on Japanese and South Korean goods imported into the US.
Strategy suspends Bitcoin purchases for first time since April
Strategy has paused its Bitcoin buying spree for the first time since April, with total holdings now at 597,325 BTC ($65 billion). Strategy co-founder and executive chairman Michael Saylor hinted at the pause last Sunday, saying, “Sometimes you just have to HODL.”
According to the 8-K document submitted by Strategy (MicroStrategy) to the US SEC, as of June 30, the digital asset value of Strategy (MSTR.O) was US$64.36 billion, with an average cost of US$70,982 per coin. The total fair value of Bitcoin in the second quarter of 2025 increased by US$14 billion.
FTX creditor representative Sunil updated the FTX claim distribution information on the X platform. The total amount of restricted jurisdiction claims is US$470 million. China is the largest holder of FTX claims, with US$380 million in claims (accounting for 82% of restricted claims).
There are $290 million in outstanding KYC claims (Bahamas), $660 million in disputed claims, $1.4 billion awaiting claims resolution, and a final estimated total of $11 billion in allowed claims.
Industry News
US SEC urges issuers to revise and resubmit spot Solana ETF applications by the end of July
The U.S. Securities and Exchange Commission (SEC) is urging issuers to revise and resubmit applications for spot Solana ETFs by the end of July, suggesting that approval will be faster than expected. Previously, the REX-Osprey SOL and Staking ETFs were automatically approved and began trading last week under different regulatory rules.
Last year, when the Hong Kong Treasury Department consulted the public on virtual asset over-the-counter (OTC) transactions, it proposed that the Commissioner of Customs and Excise issue licenses and that the Customs and Excise Department regulate virtual asset OTC services. Hong Kong Treasury Secretary Paul Chan explained that when the OTC was proposed to be regulated by the Customs and Excise Department, some Legislative Council members expressed different opinions, including concerns about regulatory arbitrage. Later, it was found that the market operation model was more complicated than originally imagined. Some OTC institutions not only operated OTC services but also provided custody services. Therefore, they hoped to centrally regulate related transactions. Now the Hong Kong Securities and Futures Commission is defined as the main regulator. If the (service) involves banks at that time, the HKMA will be the front-line regulator.
Shenzhen: Beware of illegal fundraising in the name of stablecoins
Recently, digital currencies represented by stablecoins have received widespread attention from the market. Monitoring has found that some illegal institutions use financial innovation and digital assets as gimmicks, take advantage of the publics lack of understanding of stablecoins, etc., and absorb funds by issuing so-called virtual currencies, virtual assets, digital assets, etc., induce the public to participate in trading speculation, disrupt the economic and financial order, breed illegal fundraising, gambling, fraud, pyramid schemes, money laundering and other illegal and criminal activities, and seriously endanger the property safety of the public.
Project News
Strategy plans to issue STRD shares to raise $4.2 billion
Strategy announced that it has entered into a sales agreement under which it intends to issue STRD shares (Series A Perpetual Stride Preferred Stock) to raise $4.2 billion. Strategy expects to sell STRD shares in a planned manner over a longer period of time under the ATM program, taking into account the trading price and volume of STRD shares at the time of sale. It is reported that Strategy intends to use the net proceeds from the ATM program for general corporate purposes, including the purchase of Bitcoin and as working capital.
TON Foundation: No formal agreement has been reached on the UAE Golden Visa program
The TON Foundation issued a statement to clarify that the UAE Golden Visa program originated from an independent collaboration between TON and a licensed partner focusing on blockchain infrastructure and tokenized assets. This exploratory work has not yet reached any formal agreement with the UAE government entities. This cooperation is still in the early stages of development and aims to explore how blockchain-based compliance frameworks can ultimately support real-world residence pathways. Any service must comply with all applicable laws and regulations. Application alone does not guarantee visa issuance. Visa issuance authority remains at the discretion of relevant UAE government agencies.
Pump Fun, a suspected meme coin platform on Solana, plans to launch its native token PUMP on July 12. According to a page that Gate briefly launched, the total supply of PUMP tokens is 1 trillion, 15% of which will be released in the first round of sales, with each priced at 0.04 USDT and a sales cycle of 72 hours. The page has now been deleted by Gate.
Trump Media Technology Group announces launch of streaming service Truth+
Trump Media Technology Group announced that its streaming service, Truth+, is now available worldwide through the Truth+ app for iOS and Android devices, the web, and the Truth+ app for Apple TV, Android TV, Amazon Fire and Roku connected TVs.
Investment and Financing
CoreWeave to Acquire Digital Infrastructure Company Core Scientific in All-Stock Transaction
CoreWeave announced that it will acquire digital infrastructure company Core Scientific in an all-stock transaction valued at $20.40 per share. The agreed stock exchange ratio implies a valuation of approximately $9 billion for the company.
Monad Ecosystem DEX Project Kuru Labs Completes $11.5 Million Series A Financing, Led by Paradigm
Kuru Labs announced the completion of a US$11.5 million Series A financing round led by Paradigm. Kuru Labs is a startup building a decentralized exchange on Monad Layer 1, using a “hybrid CLOB-AMM model” to combine automated market maker (AMM) functionality with the central limit order book (CLOB) architecture of traditional exchanges.
Character*Voice
OKX CEO Star said on the X platform that only about 1% of users will receive inquiries about the source of funds or work and residence information in the past years. 99% of users will not be disturbed. These specific inquiries are not for the purpose of collecting user privacy information, nor are they to cooperate with any judicial investigation, but only to clarify the facts and ensure that the platform is not abused.
