24H Hot Cryptocurrencies and News | BTC Breaks $119,000; pump.fun Completes Token Public Sale (July 14)

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3 days ago

24H Hot Coins and News | BTC Breaks $119,000; pump.fun Completes Token Public Sale (July 14)

  1. CEX Hot Coins

CEX Trading Volume Top 10 and 24-Hour Price Change:

  • BTC: + 1.32%

  • ETH: + 0.72%

  • XRP: + 4.7%

  • SOL: + 0.5%

  • HBAR: + 27.6%

  • DOGE: + 0.24%

  • ENA: + 6.72%

  • BNB: + 0.53%

  • AVAX: + 2.06%

  • TRUMP: - 0.94%

24H Price Increase Ranking (Data Source: OKX):

  • XLM: + 27.76%

  • HBAR: + 27.6%

  • ALGO: + 23.96%

  • PENGU: + 22.46%

  • IOTA: + 18.53%

  • PROMPT: + 17.07%

  • CVX: + 16.89%

  • MORPHO: + 13.76%

  • AUCTION: + 13.21%

  • AR: + 11.86%

  1. On-Chain Hot Meme Top 5 (Data Source: GMGN):
  • GREMLY

  • GIGA

  • michi

  • LUCK

  • BONK

  1. 24H Hot Search Coins

PUMP: pump.fun has completed its token public sale, details can be found in “PUMP Public Sale Sold Out in 12 Minutes, Which of the Two Scenarios After Opening Do You Believe?”.

Headlines

PUMP Public Sale Reached Limit in 12 Minutes

Odaily Planet Daily reports that the official page shows that the PUMP public sale reached its limit in 12 minutes.

pump.fun: Tokens will be transferred to public sale participants within 48-72 hours, and cannot be traded or transferred during the allocation phase

Odaily Planet Daily reports that pump.fun stated on platform X that all tokens purchased through the official platform or exchanges will be transferred to public sale participants within the next 48-72 hours, and tokens will not be tradable or transferable during the allocation phase. Once the distribution phase is completed, the tokens will become tradable and transferable.

PUMP Pre-sale Only 10,000 Wallets Successfully Purchased, Over 200 Addresses Hit the Million Dollar Hard Cap

Odaily Planet Daily reports that according to @Adam_Tehc data panel, a total of 23,959 wallets completed KYC during the PUMP token pre-sale phase, but only 10,145 wallets successfully purchased, with an average purchase amount of $44,209. Among them, 5,758 wallets participated with amounts less than $1,000, while 583 wallets participated with amounts exceeding $100,000, including 202 addresses that reached the hard cap limit of $1 million per wallet.

CZ Retweets: Coinbase May Be the "Anonymous" Source Attacking WLFI and Binance

Odaily Planet Daily reports that Binance co-founder CZ retweeted Matt Wallace (@MattWallace888) on platform X, stating: “There is evidence that Coinbase may be the 'anonymous' source attacking President Trump's family crypto project World Liberty Financial and Binance. Coinbase is aware that CZ may be pardoned, and due to its high fees and poor customer service, the executives of this cryptocurrency company are concerned that their competitor Binance will return to the U.S. with full legitimacy. Binance is the world's number one cryptocurrency exchange. Returning to the U.S. market would immediately weaken Coinbase's market share and severely damage its profitability. Most shockingly, Coinbase has pointed its finger at President Trump, attempting to harm its competitor's interests. Will Coinbase admit and take responsibility for its wrong decisions? The answer will be revealed soon.”

Industry News

Bybit: PUMP Token Sale Has Ended, Users Who Did Not Receive Allocation Will Get Full Refund

Odaily Planet Daily reports that Bybit announced that the PUMP token sale has ended. Due to delays in the pump.fun API, this sale experienced oversubscription, with some users successfully receiving allocations while others did not.
Bybit stated that it is verifying the final allocation results for all users who submitted applications and whose funds are still frozen, and users who did not receive allocations will receive a full refund. The platform apologized for the experience issues and thanked the community for their patience and support.

Kraken to Airdrop PUMP Tokens to Compensate Users Who Missed Purchase Due to System Issues

Odaily Planet Daily reports that Kraken co-CEO Arjun Sethi stated that they will airdrop PUMP tokens from the pump.fun public sale to some users who missed their orders due to system limitations. The PUMP token sale sold out in 60 seconds, with demand far exceeding supply. Kraken identified affected users through internal order records and user behavior data, and the airdrop will occur automatically without user action.
Sethi pointed out that airdrop eligibility is based on verified order intent during the sales window, and tokens will be purchased by Kraken on the secondary market. Current Hyperliquid data shows that the PUMP price is approximately $0.0067, which is a premium over the public sale price of $0.004.
This round of ICO by pump.fun raised approximately $450 million on the Solana blockchain, with the remaining tokens sold in collaboration with exchanges such as Bybit, Kraken, Bitget, MEXC, KuCoin, and Gate. Several platforms experienced subscription issues, with Bybit also issuing an apology statement as some users did not receive allocations despite placing orders within seconds of opening, and plans to announce follow-up updates. (The Block)

Bitget Chinese Head: Subscription Ratio Finalized at 28.0134%, Tokens Will Be Distributed Proportionally Based on Participants' Subscription Funds

Odaily Planet Daily reports that Bitget's Chinese head, Xie Jiayin, disclosed on platform X that the PUMP public offering on Bitget ended on July 12 at 22:14. Due to API anomalies, this public offering was oversubscribed. After community research, Bitget decided to distribute tokens proportionally based on participants' subscription funds:

  1. The final subscription ratio is 28.0134%, and the remaining subscription funds of 71.9866% will be unlocked by midnight today;
  2. Bitget will distribute the corresponding number of PUMP tokens within 48 hours based on each participant's actual subscription amount.
    Xie Jiayin added that after the public offering ended, the Bitget team communicated with the project party immediately to strive for more allocations for users. Despite the long wait and external doubts, they have always prioritized user interests, continuously coordinated, and never gave up any possibilities.

Strategy's Total Value of Holdings Exceeds $70 Billion, Company Market Cap Reported at $122.1 Billion

Odaily Planet Daily reports that BitcoinTreasuries.Net data shows that based on a Bitcoin price of $117,692, Strategy has spent over $42 billion accumulating Bitcoin, but currently has an unrealized profit of about $28 billion. Strategy currently holds 597,325 Bitcoins, with a total value of holdings of approximately $70.3 billion.
Currently, Strategy's stock price is reported at $434.58, with a market cap reported at $122.1 billion.

BlockFi Bankruptcy Administrator Reaches Settlement with U.S. Department of Justice, Dismissing $35 Million Lawsuit

Odaily Planet Daily reports that BlockFi's bankruptcy administrator has reached an agreement with the U.S. Department of Justice (DOJ) to dismiss a lawsuit involving the transfer of $35 million in crypto assets. New Jersey bankruptcy court judge Michael B. Kaplan approved the agreement on Friday. The case originated in May 2023 when the DOJ attempted to seize funds in BlockFi accounts belonging to two Estonian citizens, claiming it was related to a criminal fraud case. According to the settlement terms, the case is "dismissed and cannot be re-litigated," with both parties bearing their own legal costs. Notably, BlockFi declared bankruptcy after the FTX collapse in November 2022, currently owing approximately $10 billion to around 100,000 creditors, and has set April 28, 2024, as the deadline for customers to withdraw remaining crypto assets. (Cointelegraph)

Project News

Tether to Stop Supporting USDT on EOS and Four Other Chains on September 1

Odaily Planet Daily reports that Tether has announced that it will stop supporting USDT on the Omni, Bitcoin Cash SLP, Kusama, EOS, and Algorand networks starting September 1, 2025. The official statement indicates that this move aims to optimize the overall infrastructure layout, align with the actual usage trends of the community, and concentrate resources on blockchains with greater application value and development activity.

Following Coinbase, OpenSea, MoonPay, Polkadot, and other projects have changed their official account avatars to Pudgy Penguins

Odaily Planet Daily reports that according to account information on platform X, following VanEck and Coinbase, the official account avatars of crypto projects such as OpenSea, MoonPay, Awaken, and Polkadot have all changed to Pudgy Penguins-related brand images. Influenced by this news, the price of PENGU once approached $0.024, currently reported at $0.022, with a 24-hour increase of 8.6%.

Backpack CEO: Token issuance progress is fast, the claim that "it may take a long time" is exaggerated

Odaily Planet Daily reports that in response to community KOL "He Bi" stating that the token issuance time for Backpack may take a long time, Backpack CEO Armani Ferrante responded on platform X, saying: "This claim is exaggerated; we are progressing very quickly, much faster than expected."

Linea project leader: The announcement to be released this month will be related to TGE

Odaily Planet Daily reports that Declan Fox, the leader of the Linea project, stated on platform X that they are ready to fulfill the LINEA plan announced in Bangkok and will release a detailed announcement later this month. When community members inquired whether the announcement is related to TGE (Token Generation Event), Declan Fox clearly stated, "Yes."

Letsbonk founder: The platform website update is expected to be launched next week

Odaily Planet Daily reports that Letsbonk founder Tom stated on platform X that the new website is almost complete and ready to go live. Some users have been invited to test it, and the feedback has been very positive. The official release is getting closer, and issues such as searching for tokens using Chinese characters have been fixed. Additionally, he commented that updates should be rolled out one by one next week.

Hyperion Airdrop Query Page is Live, RION Claims Will Open After TGE

Odaily Planet Daily reports that according to official news, the Hyperion airdrop query page is now live. Users who participated in the DRIPs event, provided liquidity, or completed tasks previously can instantly check their eligibility for the RION airdrop. Users need to connect their Aptos wallet to verify eligibility, and claims will open after TGE, with a deadline of 60 days post-TGE; unclaimed tokens will be transferred to subsequent incentive pools.

Sunriselayer: Airdrop Claim Checker is Live, Claim Operations Will End at 8 AM Beijing Time on the 15th, Mainnet and TGE Scheduled for Q3

Odaily Planet Daily reports that Sunriselayer announced on platform X that the RISE token airdrop claim checker is now live. Claim operations will end at 23:59 UTC on July 14; the RISE mainnet and TGE are scheduled for the third quarter of 2025; the RISE tokens claimed here will be provided in the Sunrise wallet address on the mainnet; RISE tokens will have transfer and trading functions enabled after TGE. Kaito reward distribution is separate from this airdrop claim process.

Investment and Financing

SpaceX to Invest $2 Billion in xAI as Part of Its $5 Billion Financing

Odaily Planet Daily reports that according to Wall Street news, SpaceX has agreed to invest $2 billion in Elon Musk's AI company xAI. Musk's representatives have informed investors that the potential for commercial cooperation between SpaceX and xAI is increasing. This investment is part of xAI's ongoing $5 billion equity financing.

Regulatory Policies

Trump: 30% Tariff on Mexico and the EU

Odaily Planet Daily reports that U.S. President Trump stated in a letter posted on his social media platform that starting August 1, goods imported from Mexico will face a 30% U.S. tariff. Trump also mentioned that if Brazil decides to raise tariffs for any reason, we will add an equivalent amount on top of the 30%. In another letter, Trump stated that starting August 1, goods imported from the EU will also face a 30% U.S. tariff. (Jinshi)

Trump Has Sent Tariff Letters to 24 Trade Partners in Four Batches

Odaily Planet Daily reports that Trump has sent tariff letters to 24 trade partners in four batches:

  1. First batch of 14 countries on July 7: Japan (25%), South Korea (25%), South Africa (30%), Kazakhstan (25%), Laos (40%), Malaysia (25%), Myanmar (40%), Tunisia (25%), Bosnia and Herzegovina (30%), Indonesia (32%), Bangladesh (35%), Serbia (35%), Cambodia (36%), Thailand (36%).
  2. Second batch of 8 countries on July 9: Brazil (50%), Philippines (20%), Brunei (25%), Moldova (25%), Algeria (30%), Iraq (30%), Sri Lanka (30%), Libya (30%).
  3. Third batch of 1 country on July 10: Canada (35%).
  4. Fourth batch of 2 countries (regions) on July 12: Mexico (30%), EU (30%). (Jinshi)

Hong Kong Financial Secretary: Only a Small Number of Stablecoin Licenses Will Be Issued in the First Phase, Future Promotion of ETF and Other Asset Tokenization

Odaily Planet Daily reports that Hong Kong's Secretary for Financial Services and the Treasury, Xu Zhengyu, stated in an interview that only a small number of licenses for stablecoin regulation will be issued in the first phase. Regarding the issuance of a renminbi stablecoin, he mentioned that there are currently no restrictions on pegged currencies, but if it involves currencies from other regions, negotiations with relevant institutions may be necessary.
Xu Zhengyu pointed out that the government will take the lead in promoting the application of stablecoins in cross-border payments, assisting developing countries in coping with currency devaluation and financial system risks. He also revealed that Hong Kong will promote the tokenization of financial assets in the future, exploring token payment methods for ETFs and commodities such as metals following green bonds.

Voices

Vitalik: AI Has the Ability to Take the Crazy Crown of Cryptocurrency in Weeks

Odaily Planet Daily reports that Vitalik Buterin stated on platform X: "Regularly reminding people that AI has the ability to take the crazy crown of cryptocurrency in a matter of weeks."

Author of "Rich Dad Poor Dad": Bought Bitcoin Again at $110,000, Looking to Buy More After Market Drops

Odaily Planet Daily reports that Robert Kiyosaki, the author of "Rich Dad Poor Dad," stated on platform X that he bought Bitcoin again at $110,000, noting that retail investors rushed into the market due to FOMO, and as someone who holds a lot of Bitcoin, he will wait for the market to drop to buy more after retail investors panic sell again. Buying brings profit, while selling does not.

0xSun: Invested $1.5 Million in PUMP Public Sale and Completed $1 Million Hedging at $0.0054

Odaily Planet Daily reports that crypto KOL 0xSun (@0xSunNFT) stated on platform X that he originally planned to invest $2 million in the PUMP token trading but ultimately invested $1.5 million and completed a $1 million hedge at the price of $0.0054. Additionally, if the contract price breaks $0.008, he will add a short position, and if the contract has a negative fee rate and is high, he will close the position early. If everything goes smoothly for arbitrage, based on a 35% increase, the profit margin for 1x margin is 17.5%, and even with 4x margin, there is still a 7% profit margin.

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