1. Popular currencies on CEX
CEX top 10 trading volume and 24-hour rise and fall:
BNB: -0.27%
BTC: -0.13%
ETH: -0.54%
SOL: +1.08%
DOGE: -1.87%
TRUMP: -7.78%
TST: +30.43%
CREAM: +4.61%
PEPE: -0.83%
XRP: -1.55%
24 H increase list (data source: OKX):
POLYDOGE: +21.86%
R PL: + 21.17%
GMX: +13.84%
XNO: +10.82%
MILO: +9.89%
OL: +8.38%
DUCK: +7.45%
ZBCN: +7.09%
PRQ:+ 6.08%
LTC: +4.88%
2. Top 5 popular memes on the chain (data source: GMGN ):
CAR
Deepepe
SHIRO
ELONPEDIA
BABY
3. 24-hour hot search currencies
TST: TST is a test coin on BSC. It has attracted attention due to CZs mention. It has now been listed on Binance spot trading, with a market value of over 500 million US dollars. The current price is 0.17 USDT.
Jailstool: Dave Portnoy, the founder of Barstool Sports, was criticized for his pump-and-dump meme, and the community then minted jailstool tokens at 5:30 a.m. on February 8. Dave Portnoy then liquidated his position but claimed it was unintentional, and bought back the chips and shouted orders to his fans.
CAR: The Meme coin issued by the current President of the Central African Republic at 7 oclock today, which he called an experiment to show how something as simple as a Meme can unite people, support national development, and bring the Central African Republic to the world stage in a unique way. The market value of the token quickly passed $600 million.
Headlines
Hong Kong accountant Xiao Yaohe said that on February 7, 2025, a client used Ethereum worth HK$30 million as proof of assets and applied for investment immigration to the Hong Kong Investment Promotion Agency, which was approved. In October 2024, a client who used Bitcoin as proof of assets was also approved. This is the first case in Hong Kong where an application for investment immigration using cryptocurrency as an asset was approved. The relevant clients are basically from mainland China.
CZ posted on the X platform: “As an observer, I think there is something wrong with Binance’s listing process. They announced and then listed 4 hours later. The notice period is necessary, but during these 4 hours, the token price on DEX increased, and then people sold on CEX… Not sure if there is a solution. Be aware of the risks.”
Well-known rapper Kanye: Someone offered me $2 million to launch Meme Coin, but I refused
Well-known rapper Kanye posted on the X platform that someone offered him $2 million to launch Meme coin to deceive the community, but he refused.
According to the chat screenshots released by Kanye, this cooperation requires Kanye to promote a RUG plate Meme coin and pay $750,000 in advance. Eight hours after posting, Kanye can announce that his account was stolen and pay another $1.25 million 16 hours after posting. The mastermind behind the scenes said that this cooperation can make tens of millions of dollars in profits.
Industry News
Financial institutions have raised their gold price forecasts as the metal has benefited from rising trade war concerns and central bank hoarding.
This week, strategists at Citigroup and UBS both raised their gold price forecasts, expecting the metals bull run to continue as geopolitical tensions and economic uncertainty weigh on the market.
Texas Bitcoin Reserve Bill Headed to Senate Finance Committee for Review
The Texas Strategic Bitcoin Reserve Act was recently read and submitted to the Senate Finance Committee for review. Senate Bill 778, introduced by Senator Charles Schwertner, proposes to establish a state-controlled Bitcoin reserve as a financial guarantee and strengthen Texas’ role in digital asset innovation.
A Welsh landfill containing $750 million in Bitcoin will be permanently closed
The landfill in Newport, Wales, where IT engineer James Howells accidentally dumped a hard drive containing 7,500 Bitcoins (now worth about $750 million or £620 million) is scheduled to close in 2025-26. Howells attempts to sue the city council for permission to enter the site or for compensation have failed.
The city council plans to close the landfill, which has been in use since the early 2000s, with part of the land to be used to build a solar farm to power the councils growing fleet of electric rubbish vehicles and phase out diesel vehicles.
Project News
Solayer has opened airdrop qualification inquiry
The Solayer Foundation officially announced on X that airdrop eligibility inquiries are now open.
Earlier news, Solayer announced the LAYER token economics: the total amount is 1 billion, and 12% is used for Genesis Drop.
Law firm suing Pump Fun claims it faced threats of violence and doxxing
Burwick Law, the firm involved in the legal dispute with Pump Fun, revealed that its lawyers had received threats of violence and had been doxxed along with some of the plaintiffs. At the same time, the company also shared a 30-second audio clip about an insider trading group that was trying to create a GameStop-like pump and dump scheme by attracting media attention and online attention. (protos)
Sunil, the representative of FTX creditors, posted on the X platform that FTX has sent emails to creditors with less than $50,000 to inform them of the fund distribution. It will cooperate with the distribution service provider to claim for creditors. Creditors waive the right to obtain distribution directly from FTX. Creditors require the distribution service provider to pay their distribution. FTX has deposited the initial distribution funds into two distribution service providers - Bitgo and Kraken.
At the same time, it stated that some creditors showed that the status of their claims was in dispute on the FTX creditor portal, and creditors with claims less than US$50,000 still had approximately US$345 million in claims that had not completed KYC certification.
Dune data shows that pump.fun has accumulated revenue of more than $520 million ($526,252,561) and a total of approximately 7.41 million (7,411,125) tokens deployed.
Character*Voice
WazirX: Preliminary creditor list and balance snapshot page now live
WazirX said in a post on X: “We have published the preliminary list of creditors and the July 18 page within the WazirX app to provide full transparency of the restructuring process.
» Preliminary Creditor List Creditors can now check the amount of their claim in USD using a unique UUID. The list is sorted by claim value in descending order, is searchable using UUID, and also provides a Find My Balance option for easy access. Additionally, a creditor can submit a check request to check another creditors claim during the check process;
» July 18th Page: Creditors can now view a snapshot of their balances as of July 18, 2024, 1:00 PM (IST time), including token balances and deposits made after this date. Links to this page have been added to the Funding section and the app homepage.
These updates ensure all creditors are informed of their claims and are in compliance with the planning process.”
CZ posted on the X platform: I just heard that TST already has a website and an X account. As far as I know, neither of them is made or controlled by BNB Chain or any Binance-related team. It is controlled by someone in the community. I dont know who it is. But now there is a problem. They used the Binance logo without authorization. This is an infringement and needs to be changed. It is recommended to use (passed the test) or something like that.
Like all Meme coins, I have never bought and do not own TST. Now it is a completely community behavior. Please protect yourself and be responsible for your own actions.
pump.fun co-founder: potential token rumors are not true
Alon, co-founder of pump.fun, posted on the X platform: Seeing rumors about potential pump.fun tokens - these are all false, it is recommended not to listen to anything that is not directly from the official. Although the team has been mainly focused on improving the product during the one-year development process, it is always committed to providing users with appropriate rewards.
Michael Saylor hints that his Bitcoin private keys will be destroyed after his death
According to Cointelegraph, an interview with Strategy founder Michael Saylor was forwarded on the X platform, in which Michael Saylor hinted that after his death, his Bitcoin private key will be destroyed to ensure that his Bitcoin will never be sold, and called it a proportional contribution to all Bitcoin holders.
In an interview, Coinbase Chief Policy Officer Faryar Shirzad shared the exchanges approach to listing Meme coins, saying: We try not to get involved in the background story of any token, but we use strict standards to ensure network security, evaluate potential fraud, and determine whether it meets securities standards. Our process remains calm and rigorous. (Bloomberg)
