1. CEX Popular Cryptocurrencies
Top 10 CEX Trading Volumes and 24 Hour Price Changes:
- BNB: +0.21%
- BTC: +2.17%
- ETH: +3.11%
- SOL: +1.21%
- XRP: +2.28%
- ZEC: +8.63%
- LINK: +2.85%
- RE: -9.28%
- DOGE: +0.93%
- TRX: +0.61%
24 Hour Price Change Rankings (Data Source: OKX):
- ARG: +55.11%
- POR: +21.86%
- ONDO: +17.46%
- SKL: +15.96%
- ETHFI: +11.75%
- PUMP: +10.77%
- ALLO: +9.70%
- EDGE: +8.31%
- AERGO: +8.05%
- LDO: +7.87%
24 Hour Coin Stock Price Change Rankings (Data Source: msx.com):
- SKDD.M: +25.49%
- AEHR.M: +22.11%
- PYPL.M: +16.97%
- EOSE.M: +16.08%
- FGNX.M: +12.17%
- SKHZ.M: +11.42%
- GAME.M: +10.18%
- MNSO.M: +9.45%
- NA.M: +9.02%
- SOXS.M: +7.41%
2. On-chain Popular Meme Top 5 (Data Source: GMGN):
- TPM
- PEOPLE
- AUGUR
- HEAA
- WIFARG
Headlines
The Real Cost of the US-Iran Conflict is Revealed to be Nearly 100 Billion Dollars
According to an internal assessment by the US Department of Defense, the actual expenditure of the US military operations against Iran may reach 100 billion dollars, far exceeding the government-released figure of 31 billion dollars. The gap mainly comes from undisclosed operational expenses, losses of advanced aircraft, and reconstruction costs of US military facilities, with the reconstruction of just the attacked bases potentially exceeding 30 billion dollars. (CCTV News)
Hyperliquid's Longxin Storage Pre-IPO Valuation Reaches 540 Billion Dollars, Surpassing Tencent
Trade.XYZ launched the Longxin Storage (CXMT) pre-IPO contracts on Hyperliquid HIP-3 market, with prices reaching a peak of 8.64 dollars; based on current prices, the valuation is approximately 540 billion dollars, surpassing Tencent (526.5 billion dollars) and ranking 32nd globally in valuation. Longxin Storage will initiate the Sci-Tech Innovation Board subscription on July 16.
SpaceX's Stock Price Falls Below IPO Price of 135 Dollars for the First Time
According to MSX.COM data, SpaceX's stock price has fallen below its IPO issuance price of 135 dollars for the first time.
Industry News
Iran: No Negotiation Plans Currently, Focused on Defense
The spokesperson for the Iranian Foreign Ministry stated that the armed forces have made it clear that any aggression against Iranian territory will be met with reciprocal responses, and there are currently no negotiation plans, focusing instead on defense; the memorandum of understanding is a mutual commitment, and if one side violates it, Iran will also stop fulfilling its obligations. (Jinshi)
Anthropic Plans to Hold an IPO Investor Meeting in the Coming Weeks
Market news indicates that Anthropic plans to hold an IPO investor meeting in the coming weeks. (Jinshi)
Waller: Recent Inflation Data Does Not Perfectly Reflect Underlying Inflation Conditions
Federal Reserve Chairman Waller stated that recent inflation data does not perfectly reflect the underlying inflation conditions. (Jinshi)
Federal Reserve's Williams: Inflation is Still Too High, Expected to Fall to 2% Target by 2028
Federal Reserve's Williams stated that current inflation is about 4%, which is still too high, with expectations to drop to about 3.25% by the end of the year, continuing to decline in 2027, and reaching the 2% target in 2028; the actual GDP growth for this year is expected to be between 2% to 2.25%, with uncertainties due to Middle Eastern conflicts and a surge in AI investment affecting growth and inflation prospects. (Jinshi)
DTCC Will Tokenize Microsoft, SPY, QQQ, and US Treasury Bonds for Wall Street Firms
The Depository Trust & Clearing Corporation (DTCC) will tokenize Microsoft stock, SPY, QQQ, and US Treasury bonds for Wall Street companies, with participation from institutions such as BlackRock, Goldman Sachs, and JPMorgan Chase. The related assets will be used for collateral transfer, repurchase transactions, and stock trading. (Wall Street Journal)
Korean media Bloter reported that Samsung Electronics has conducted internal research on the issuance of ADR for going public in the US; although the company publicly denies such plans, the business department is evaluating potential costs and processes and has inquired SK Hynix, which recently completed ADR issuance. (Jinshi)
Project News
Summer.fi Announces Business Closure After Attack on Protocol, Front-End Available Until August 31
The Lazy Summer Protocol was attacked on July 6, where the attacker manipulated the prices of two USDC Vault shares to steal approximately 6.04 million dollars in deposits, leading to damage to the protocol and team funds, depleting operational funds. The team announced the closure of Summer.fi and its Labs company, with the front-end remaining available until August 31.
Uniswap Initiates Governance Proposal to Activate Protocol Fees and Burn UNI on Robinhood Chain
Uniswap has initiated a governance proposal to extend protocol fee collection and UNI burning mechanism to Robinhood Chain, covering versions v2, v3, and v4. Fees generated on-chain will be deposited into a TokenJar contract, which can be exchanged by bridging UNI to the Ethereum mainnet and burning it.
Investment and Financing
Cyclops Completes 20 Million Dollar Financing to Promote Stablecoin Payment Settlements
Payment infrastructure startup Cyclops has completed a 20 million dollar financing to help payment companies utilize stablecoins to accelerate fund settlements, enhancing settlement efficiency and reducing costs through optimized cross-border and traditional payment processes. (Fortune)
Voices
Base co-founder Jesse Pollak acknowledged in a post that the previous bet on on-chain native social was a mistake, as social directions such as Farcaster and Zora failed to become core drivers of crypto adoption. He stated that Base will be positioned as "The Blockchain for Global Finance," focusing in 2026 on three major directions: trading, payments, and AI Agents, with Base applications being returned to Coinbase and taken over by Cobie.
Musk: X Will Open Source Entire Codebase After Completing Security Vulnerability Review
Musk stated that once the security vulnerability review is completed, X will unconditionally open source the entire codebase and invite third-party reviewers to verify the consistency of the actual operating system with the public source code.
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