Search results for "X"

SOON responds to the flash crash of the coin price: the attacker was well-planned, and the project team and market makers did not participate in this incident.

The SOON Foundation responded to the flash crash of coin prices on July 5, stating that the attackers conducted a meticulously planned attack through synchronized withdrawals and cross-CEX selling, profiting from negative interest rates. The foundation emphasized that the team and partners were not involved in the incident and disclosed the related holding addresses.
More

DOGE price prediction: "Parallel channel" uptrend activated, which could trigger a significant price pump.

DOGE (Dogecoin) continued its upward trend in the European morning session today (10), currently reported at $0.1820. Crypto assets analyst Ali Martinez emphasized a familiar chart pattern in his latest video "DOGE Rebound," which he believes could lead to a significant pump in DOGE's price. According to him, this upward trend has already been initiated.
More
  • 2

Data: In the past 24 hours, top investors have followed potential projects like Pelagos, Addicted, and Dappnode.

In the past 24 hours, several industry leaders have followed different blockchain projects, including Pelagos Network, Addicted, Dappnode, Showdown, and Valhalla, while the founder of ARK Invest has also followed the Truflation economic data aggregator.
More

Pi Network (PI) Price Analysis: Order book suggests signs of price manipulation, with monthly Token unlocks adding more pressure.

Pi Network (PI) has slightly risen to $0.4716 during the Asian afternoon session today (10). Despite significant advancements like the launch of Pi App Studio to promote innovation, the price of Pi coin unexpectedly fell. This round of short positions has raised concerns among the Pi community users about the manipulation of the price of Pi coin.
More
  • 3
  • 1

China's unmanned aerial vehicles: Expected military trade revenue of around 1.4 billion this year.

The Chinese drone manufacturer announced that as the international situation changes and new products are launched, market demand is gradually recovering, and the military trade situation is improving. New products have received export approval, and military trade revenue is expected to reach 1.4 billion this year, with a stable rise in the coming years.
More

Floki Inu Price Prediction: FLOKI Enters Bullish Trend, Expected to Rise by 30%?

Floki Inu (FLOKI) has recently successfully broken through the descending channel pattern, ending a long-term Bear Market. Technical Analysis shows that if FLOKI can maintain the support level of $0.000088, it may further pump, with a target price of $0.0001158. At the same time, on-chain data also shows bullish sentiment in the market for FLOKI, and signs of capital outflow indicate potential accumulation, further driving the rise potential.
More

10x Research: Bitcoin has a 60% chance of continuing to pump in the next two months, possibly reaching $133,000 in September.

PANews reported that 10x Research predicts a 60% probability of Bitcoin rising in the next two months, potentially reaching $133,000 in September. The person in charge, Thielen, believes that the current market environment is better than in previous years, and traders should follow the upcoming market trends.
More

Analysis: On Hyperliquid, whales engaging in PUMP futures trading mostly use low margin trading, or are primarily focused on arbitrage.

After Hyperliquid launched the PUMP contract, whales generally adopted a high margin and low leverage strategy, possibly aiming for short-term arbitrage. Three whales deposited 11 million USDC, but the short order position is only 2.394 million USD, making the HYPE price easily manipulable, and some whales are facing liquidation risks.
More

Elon Musk's xAI releases Grok 4: Breakthroughs and Challenges of the New Generation of Artificial Intelligence

Elon Musk's xAI recently released its latest artificial intelligence model—Grok 4, which serves as a direct competitor to OpenAI's GPT-5. Despite experiencing latency in the release process, Musk talked about Grok 4's significant advancements in multimodal capabilities during a live broadcast, enabling reasoning and responses across text, images, and audio. However, the launch of Grok 4 has not been without controversy. Recently, Grok has faced widespread criticism for generating inappropriate content (such as "MechaHitler"), raising ethical questions about AI outputs. Additionally, X's CEO Linda Yaccarino resigned due to the negative impact associated with Grok, further intensifying concerns over the regulation and ethical framework of xAI. Nevertheless, xAI continues to roll out new features, including a high-performance subscription tier named SuperGrok Heavy, which offers advanced reasoning, coding tools, and priority support. While it has not yet been confirmed whether full API access will be provided, some endpoints are already live, and broader access is expected soon.
More

Gate platform launches Solana ecosystem project pumpfun Token subscription, is the Meme track reaching a turning point?

In the hustle and bustle of the crypto assets market, Meme coins always occupy a unique position. They attract countless attention with their viral spread, the fervent fanfare of their communities, and sometimes astonishing wealth effects. Among them, the pumpfun of the Solana ecosystem is undoubtedly one of the brightest stars in recent years. This platform, known as the "printing machine for meme coins," is about to welcome the public sale of its pumpfun token. This is not only the most eye-catching event in the Meme track this year but also provokes deep thoughts in the market regarding its valuation, future direction, and even the entire Meme ecosystem's "post-gold dog era." Is this a turning point, or does it signify the arrival of some kind of end?
More

Bitcoin ETF net inflows reached $15 billion, political pressure triggers a bullish market

According to Gate News bot, Markus Thielen, the founder of 10x Research, recently stated that since mid-April of this year, the inflow of funds into Bitcoin ETFs has significantly increased, totaling 15 billion USD. This phenomenon is primarily due to pressure from politicians on The Federal Reserve (FED). Trump publicly demanded that Federal Reserve Chairman Powell lower interest rates to 1% and resign, while Federal Housing Finance Agency Director Bill Pulte and Senator Cynthia Lummis also called for Powell to step down. At the same time, the minutes from the Federal Reserve's July meeting showed that officials had differing views on policy. Thielen believes that the continuous inflow of ETF funds and increasing pressure for interest rate cuts have prompted previously hesitant traders to re-enter the market, driving a resurgence in bullish momentum for cryptocurrencies. Combined with the seasonal performance in July and macroeconomic factors, the market still supports further increases.
More

The most fearful scenario for Bitcoin: US debt skyrockets to 36.6 trillion dollars, will the economic recession lead to a BTC pullback?

Bitcoin reached a historic high of $112,040 this week, with an optimistic sentiment engulfing the market, but the unfavourable information regarding the U.S. economic recession cannot be ignored. Just on Monday (July 7), U.S. national debt increased by $367 billion, reaching an astonishing historical high of $36.6 trillion. Previously, U.S. President Donald Trump signed the "Beautiful Bill" last week, raising the debt ceiling by $5 trillion. This series of staggering numbers has not only sparked concerns about the economic outlook of the United States but has also led investors in the crypto assets market to ponder: does this signal that Bitcoin is about to fall to $95,000? Under the shadow of economic recession, what will be the fate of Bitcoin?
More

Bitcoin (BTC) has broken through to a historic high, with long positions eyeing the next target of $150,000?

Today (10), in the Asian early session, Bitcoin (BTC) continues to hover above $111,000. Bitcoin long positions indicate that after reaching an all-time high of $112,040, Bitcoin may pump to $150,000. Technical Analysis shows that Bitcoin has broken through key resistance levels, indicating strong bullish momentum.
More
  • 2

Ethereum (ETH) price prediction: Whale and ETF form a strong support combination, Fibonacci predicts a target of $2850.

Today (10) in the Asian morning session, Ethereum (ETH) further rose above $2,790, following the upward trend of Bitcoin reaching a historical new high. This time, Ethereum's movement appears to be more robust, with on-chain indicators, exchange data, and ETF fund flows all showing a steadier trend for Ethereum. The current question is whether this trend can continue into a broader rebound.
More
  • 1

XRP Price Prediction: Analysts Set a Shocking $1000 Target, Historical Trends Ignite Community Debate

Crypto Assets analyst BarriC recently made a bold prediction on social media platform X, instantly igniting the XRP community: he believes that the price of XRP is highly likely to soar from the current level of about $2 to a staggering $1000 at a pace far exceeding market expectations. This bullish prediction is based on an analysis of XRP's historical performance, injecting a shot of adrenaline into investors who have recently gained momentum due to holding above $2.25 at the quarterly close, with many anticipating a breakthrough of the all-time high (ATH).
More
  • 3

Bitcoin hits a new high, with ETF fund inflows and Trump's tariff policy acting as catalysts.

Bitcoin ( BTC ) price hit a historical high of $112,152 on Wednesday ( ATH ), soaring 3.54% from the day's low. This BTC pump follows a series of global events, including a surge in Bitcoin ETF inflows and announcements surrounding President Donald Trump's latest tariff measures. With these factors at play, the Bitcoin price broke through key resistance level, standing above the $112,000 mark for the first time since May. "Proof of History shows that this is a typical sign of a breakout, and the trends in the crypto market often go against group expectations," Santiment stated. "When retail investors exhibit FUD, it is usually an excellent time for smart money ( Smart Money ) to enter and accumulate positions." This observation suggests that as large investors leverage market sentiment shifts for positioning, the Bitcoin bull run is likely to continue.
More
  • 1

Bitcoin performance follows stock market fluctuations, while the correlation with Ethereum has weakened.

Analysis shows that Bitcoin and Ethereum have the strongest correlation with the DAX index. The correlation coefficient matrix of ETH is 0.46, which means that while there is a certain correlation, it is not strong. Bitcoin, on the other hand, has a correlation coefficient matrix of 0.85, indicating that its price is quite consistent with the movements of the DAX index. Similarly, BTC also has significant correlations with other stock market indices, with correlations of 0.7, 0.68, and 0.69 with the Russell 2000 index, S&P 500 index, and Dow Jones Industrial Average, respectively. In contrast, Ethereum is almost completely independent of these indices, with its correlation coefficient matrix being very close to zero with these indices.
More

Elon Musk's American Party may support Bitcoin, but still faces third-party pitfalls.

TSL CEO Elon Musk's rift with President Trump is worsening. On July 5, Musk announced the establishment of an independent American party focused on Bitcoin and centrist policies. This move is fueled by Congress passing the controversial "Great Beautiful Act" of the Trump administration. Musk stated that the act runs counter to the government's initial efforts to cut spending. Although Musk hinted that he still supports Bitcoin, the challenges faced by third-party political movements in American history, along with Musk's own political and business challenges, make the future of this new party uncertain.
More

Pump. Fun issue coin is imminent! Total supply is 1 trillion, with a fundraising target of over $1.3 billion.

Pump.fun, which once sparked the frenzy of Solana memecoins, announced that it will launch an ICO exceeding $1.3 billion on July 12, aiming to create an "anti-traditional" social platform. However, the market questions whether it can overcome the dual challenge posed by strong competitor LetsBonk. The total supply of PUMP tokens is 1 trillion, with 33% allocated for public sale. This public sale will be opened simultaneously across six major exchanges, including Gate, and users must complete the platform's KYC. After the public sale ends, ICO participants will receive tokens, which will initially be non-transferable (i.e., not tradable), and the transfer rights will be activated 48-72 hours after the ICO concludes.
More

What is going on with the U.S. Democratic senators seeking to "sanction" the President of El Salvador?

According to CryptoSlate, a group of U.S. Democratic senators has proposed a new bill to impose sanctions on Salvadoran President Nayib Bukele and his government members. The bill is called the "Salvador Accountability Act" (S.2058) and is introduced by Senators Chris Van Hollen, Tim Kaine, and Alex Padilla. If passed, the bill would require President Donald Trump to impose sanctions on the Salvadoran government for alleged human rights violations and abuses of Bitcoin.
More
  • 1

Breaking news! GMX V1 platform confirms it has been hacked, resulting in a loss of 40 million dollars and a big dump in coin prices.

Today (10) in the Asian early session, the decentralized exchange GMX token fell nearly 15% because the exchange's V1 platform and the GLP pool on Arbitrum suffered a loss of 40 million dollars due to an attack, while its V2 platform was unaffected.
More

Gate Daily | Bitcoin hits 112,000, setting a new historical record; Trump issues tariff letters to 8 countries, threatening to impose a 50% tariff; The Federal Reserve's prospects for a rate cut in July weaken.

Today (10), during the Asian early session, Bitcoin (BTC) rose above 111,000 USD, reaching a peak of 112,040 USD, setting a new historical record. The minutes from the Federal Reserve (FED) meeting indicate that participants have differing views on the inflation outlook, with only a few willing to consider a rate cut in July. U.S. President Trump has again sent tariff letters to 8 countries, with Brazil facing a 50% tariff.
More

Slow Fog: GMX was attacked because the global average price of GMX v1 short positions can be manipulated, and the GLP price was maliciously inflated for arbitrage.

The CISO of Slow Fog pointed out that the design flaw of GMX v1 allowed attackers to manipulate the global average price using short positions, thereby manipulating the price of GLP Token for profit.
More

Cyvers Alerts: Multiple suspicious transactions have occurred on ZKSpace, and the official account has been frozen.

Odaily News Cyvers Alerts posted on the X platform indicating that multiple suspicious transactions have been detected on ZKSpace, while its official X account has been frozen. The affected funds amount to approximately 4 million USD, and currently, around 1.3 million USD, including USDT and USDC, has been exchanged for ETH and deposited into
More

Eric Trump, the second son of Trump: Trump does not own a Bitcoin mining company.

Odaily News Eric Trump, the son of former President Trump, stated on the X platform that President Trump does not own a Bitcoin mining company.
More

Social media platform X CEO Linda Yaccarino announced her resignation.

Odaily News Elon Musk's social media platform "X" CEO Linda Yaccarino stated that she will resign. (Jin10)
More

Potential technological breakthrough prediction for "God's Candle": ETH, XRP, and PI may suddenly pump significantly in a short time.

In 2025, Ethereum (ETH), Ripple (XRP), and Pi Network (PI) are considered strong candidates for the "God Candle" technological breakthrough. "God Candle" is a technical term used to describe a large green candle on a price chart, indicating a sudden and significant price increase in a short period.
More
  • 3
  • 6

Bitcoin (BTC) Important Signal: Hackers Target $8 Billion Wallet of Defunct Exchange, Posing Potential Risk to Prices

Hackers are targeting the $8 billion Bitcoin wallet stolen from a defunct cryptocurrency exchange in Japan. Any abnormal transactions could impact the price movement of Bitcoin, raising concerns in the encryption community.
More

Tabi launches the "Soulbound Token" endorsement program, empowering a new era of Web3 consumer finance.

In the Web3 world, community trust and dedication are the cornerstones of project success. TabiChain, a Layer1 (L1) chain focused on consumer-grade applications, is recognizing those early supporters who sincerely participate and actively contribute through its innovative Tabi SBT (Soul-Bound Token) recognition program. Tabi is fully compatible with EVM, Omni-Protocol, and multi-interpretation capabilities, empowering developers to create Poly-Apps—Web3 native super applications that are cross-blockchain compatible and integrated with Web2 platforms.
More

10x Research: Currently, the 7-day and 30-day moving averages of Ethereum are showing a bullish trend.

Golden Finance reports that 10x Research published an analysis on the X platform stating that the current price of Ethereum (ETH-USDT) is above the 7-day and 30-day moving averages, indicating that the ETH price is in a bullish trend. Over the past week, the ETH price has risen by approximately 3.6%, a trend that may be driven by around $148.5 million in inflows into the Ethereum ETF, particularly as BlackRock's Ethereum ETF has started to increase its holdings of ETH, with the asset size of this ETF now reaching approximately $4.6 billion. Additionally, BitMine has raised $250 million to support ETH asset strategies, and SharpLink Gaming has increased its holdings by 9,468 ETH, enhancing institutional demand.
More
  • 1
  • 1
  • 1

ChainCatcher will hold a themed Space titled "New Highlights and New Challenges of AI + Crypto in the Second Half of 2025" tomorrow at 20:00.

ChainCatcher will hold a Space event tomorrow at 20:00 on the X platform, themed "The New Highlights and Challenges of AI + Crypto in the Second Half of 2025", featuring core members from Neura, Infinity Ground, 0G labs, and Deagent AI. The event will explore breakthroughs and trends in the AI + Crypto field for 2025.
More
  • 1

Elympics: Mocaverse NFT holders will qualify for the Token community sale Allowlist.

Odaily News Elympics announced on the X platform that all Mocaverse NFT holders, as some of the earliest supporters of Elympics, will receive Allowlist eligibility for the token community sale. According to previous news, Cookie Snaps has launched Elympics, with a prize pool of $560,000 worth of ELP Tokens, and the token rewards will be
More

Holding 2% of the total XRP! The mysterious Ripple co-founder reappears after 14 years, sparking heated discussions in the community.

A veteran figure in the Crypto Assets field and a well-known supporter of Ripple (XRP) recently broke his silence, sparking heated discussions among investors and developers. Arthur Britto, who co-founded Ripple Labs in 2012, ended a 14-year silence with just an emoji on the social media platform X. This brief message carries significant weight. Britto's name rarely makes headlines, but his work has been the core force behind the construction of the XRP Ledger, helping XRP rank among the top in market capitalization of Crypto Assets. As the trading price of XRP fluctuates around the recent range, some investors have expressed that they are closely following any signs of movement in Britto's Wallet Address.
More

Bitcoin (BTC) Price Analysis: Bullish Commentary Soars to Three-Week High, Possible "Moderate Pullback" Before Breaking Historical High

The blockchain analysis platform Santiment indicates that cryptocurrency traders are increasingly optimistic about Bitcoin's potential to return to $110,000 on social media, but the surge in optimistic sentiment is not always a good sign. Santiment analyst Brian Quinlivan states that people are clearly starting to drool over the potential market value of Bitcoin exceeding $110,000.
More

GMGN Alliance: Users can apply for compensation if they are still squeezed after enabling the MEV anti-squeeze feature.

Gate News bot message, GMGN co-founder Haze posted on X stating that there have been recent occurrences of Malicious Nodes "sandwiching" and that the Jito service has been unstable. Starting today, if users are still subjected to sandwiching after enabling the MEV anti-sandwich feature provided by GMGN, they can submit the transaction hash for verification with the official staff. Upon confirmation, they will receive corresponding fee compensation.
More
  • 1

GMGN Co-creation: Starting today, users who are still trapped after enabling MEV can receive official compensation by providing the corresponding information.

Odaily News GMGN co-founder Haze posted on the X platform stating that there have been malicious nodes interfering, and there are also some instabilities with Jito's services. Starting today, if users have activated MEV (anti-clip) using GMGN and get clipped, please send the Hash to official personnel to verify that MEV was indeed activated and clipped, and the official will compensate the corresponding fees.
More
  • 2
  • 1
  • 1

ProShares Leveraged XRP ETF Listed on DTCC, Marking a Key Step in the Listing Process

ProShares Ultra XRP ETF (leveraged Ripple ETF) has been registered on the Depository Trust & Clearing Corporation (DTCC) platform in the United States, with the trading code UXRP. This move is typically one of the key steps before a crypto assets ETF officially lists on an exchange. The "pre-launch" status on the DTCC platform indicates that the fund is in the final preparation stage before listing. Boosted by this development, the XRP price has successfully broken through the key resistance level of $2.30. According to Gate data, XRP is currently priced at $2.303, with a 24-hour rise of 1.81%.
More

Ethereum Price Prediction 2025: Bullish 160% vs Bearish Warning

James Harris, the CEO of Finnish company Tesseract, recently made a bold prediction about the mid-term price movement of Ethereum. In an interview, he stated that he expects the price of ETH to reach $6,500 by the end of 2025, which would mean an astonishing 160% rise compared to the current price. Despite the optimistic predictions, some analysts remain cautious about the long-term trend of ETH. Markus Thielen, CEO of 10X Research, provided a pessimistic Ethereum price prediction, expecting ETH to fall to $2,300, approximately an 8% decrease from the current price.
More

Altcoin market recovery signal: key trend line reclaimed, historical bull run precursor reappears

The cryptocurrency market is flashing familiar signals, suggesting that alts may be set for an explosive pump. After months of uncertainty and price consolidation, the latest analysis shows that the total market capitalization of alts has successfully reclaimed a key long-term rise trend line. Notably, this trend line was the iconic starting point before the major bull run of alts in 2017 and 2021. As market patterns converge and historical fractals reappear, analysts are closely monitoring whether the current market environment is again conducive to a large-scale altcoin explosion.
More
  • 1

Hedera (HBAR) price prediction: falling wedge breakout triggers bullish target, could reach $1 within six months?

After experiencing several months of decline, the price of Hedera (HBAR) has just broken through the falling wedge pattern and started gaining popularity. Captain Altcoin quoted analysts from X (formerly Twitter) who suggested adjusting the target price to $0.38, while analyst Cosmideus even stated that the price of HBAR could reach $1 within six months.
More

Cardano (ADA) Price Prediction: Whales Accumulate 120 Million Tokens in Two Weeks, Big Wallets Hoard for Potential Breakout

As price behavior and Whale activity begin to show new patterns, the price of Cardano (ADA) may be transforming. According to on-chain data shared by crypto analyst AliCharts, wallets holding between 1 million to 10 million ADA have increased their holdings by a total of 120 million ADA over the past two weeks. Interestingly, this buying frenzy occurred while the price remained relatively stable, which often suggests quiet accumulation.
More

Bitcoin brewing a huge change: long-term holders lock-up position, fluctuation compression, is a historic big pump imminent?

As long-term holders control the majority of the supply, technical fluctuations compress energy accumulation, and institutions continue to accumulate while reducing circulating supply, the current environment is highly similar to the historical precedents of Bitcoin's explosive pump. Although there are no absolutes in the market, the strong confluence of on-chain indicators and technical indicators strongly suggests that the next round of Bitcoin's big pump may have quietly begun beneath the calm surface.
More

Others fear while I am greedy? Pi coin has fallen over 25% in a month, and analysts rarely warn that selling could lead to "heavy losses".

Pi Network (PI) has collapsed 26.40% in a single month, currently reporting at 0.4626 USD during the Asian session today (9). Despite most analysts predicting further fall for Pi coin, analyst Moon Jeff remains optimistic, expecting the Token to soar to 5 USD. Meanwhile, the RSI of Pi coin has fallen to around 30, indicating that the market is in an Oversold state, which could be a sign of a bullish reversal.
More
  • 1

The U.S. Ethereum Spot ETF has seen net inflows for eight consecutive weeks, indicating strong institutional demand.

The Glassnode chart clearly shows that the fund flow of the Ethereum spot ETF has recently continued to show a positive trend, with a net inflow of 61,000 ETH recorded last week (valued at 157.3 million USD based on the current exchange rate). Thus, this crypto assets spot ETF has achieved eight consecutive weeks of net fund inflow. In the past week, both ETH and SOL have seen a rise in this indicator, indicating new funds flowing into the crypto assets market. Among them, SOL has outperformed ETH, with their new market capitalizations reaching 6.2 billion USD (ETH) and 8.3 billion USD (SOL) respectively, demonstrating strong capital inflows into Solana.
More
  • 2

Solana (SOL) Price Prediction: Funding rate turns to "negative value," is 180 USD the next stop?

Solana (SOL) has failed to break through $180 since late May, raising doubts about the possibility of a Rebound in 2025. The demand for SOL leveraged long positions has seen a big dump, negatively impacting market sentiment. On Monday (July 7), the funding rate for SOL Perpetual Futures turned negative, indicating an increase in demand for short positions. This change is relatively rare and shows a lack of confidence among bullish investors.
More

Pi Network (PI) Price Prediction: The token supply lacks a "clear" control mechanism, trading volume is sluggish, and selling pressure is increasing.

Today (9) in the Asian early session, Pi Network (PI) slightly rebounded, currently reported at 0.4604 USD, still unable to break back above the important threshold of 0.5000 USD. Due to an increasing number of token issuances and a lack of clear supply management methods, Pi coin is facing growing selling pressure. As a result, community members have now lost confidence in the long-term prospects of this token. Against the backdrop of a general rise in the cryptocurrency market, the lackluster attitude of the Pi Core Team (PCT) has also dampened investor optimism.
More

Gate Daily|Trump Media Company submits Bitcoin ETF application; Putin's government uses Crypto Assets for cross-border payments; Tether holds 8 billion USD in gold.

Today (9) in the Asian early session, Bitcoin (BTC) ended the pullback and rebounded, currently reported at around 108,880 USD. The media platform Truth Social, owned by former U.S. President Trump, released ETF documents holding BTC, ETH, SOL, XRP, and CRO. The Russian government, led by President Putin, stated that Russian companies use net settlement, gold, and encryption in cross-border payments. Tether holds 8 billion USD worth of gold in a secret vault in Switzerland.
More

Musk indicates he may sue the powerful figures involved in the Epstein case.

According to BlockBeats news, on July 9, Musk responded on X to the question "Should we ruthlessly sue the elite involved in the Epstein case?" saying, "100%". This morning, Musk stated, "If Trump doesn't release Epstein's files, how can people have confidence in him?" On June 6, Musk had said, "It's time to drop the real bombshell: Trump appears in Epstein's documents. This is the real reason these documents have not been made public." Afterward, in an effort to ease relations with Trump, Musk deleted the relevant explosive tweet.
More

Analysis: The token sale of Pump.fun has a "poor outlook" and is currently suspected to be in trouble.

PANews, July 9 - According to The Block, on Monday, Pump.fun claimed to plan to sell 150 billion PUMP Tokens to raise $600 million, attracting criticism, and the relevant listing information on Gate exchange mysteriously disappeared. Many Crypto Assets advocates believe this is a negative influence. The Block's research director, Steven Zheng, stated: "Some users were surprised by Pump's Token sale; they originally expected a large-scale Airdrop like popular applications such as Hyperliquid. Although an Airdrop may still be in preparation, Pump, having already raised $700 million through other means, seeking to raise another $600 million through a Token sale will certainly leave a negative impression." Space ID Marketing Director Alice
More

DWF Labs Partner: Stablecoins and BTC account for 89% of USDf reserve assets, with a current over-collateralization rate of 116%.

DWF Labs' Executive Partner responded to doubts regarding the reserves and yields of its stablecoin project USDf, stating that 86% of the reserve assets are stablecoins and BTC, with a collateralization rate of 116% after auditing. The yields mainly come from basis trading, arbitrage trading, and staking. Previously, USDf had a short-lived depeg.
More