1. Popular CEX Tokens
CEX Trading Volume Top 10 and 24-hour Price Change:
ETH: -0.10%
BTC: -0.37%
SOL: + 4.06%
PEPE: -0.45%
DOGE: -2.39%
XRP: + 0.51%
SUI: + 0.76%
BNB: + 0.17%
TRX: + 0.81%
UNI: -4.36%
24H Growth Ranking (Data Source: OKX):
MEMEFI: + 20.45%
T: + 13.32%
JTO: + 10.57%
USTC: + 9.34%
DORA: + 8.98%
BORA: + 7.96%
SWEAT: + 7.76%
OL: + 6.41%
KMNO: + 6.07%
BCH: + 5.69%
2. On-chain Popular Meme Top 5 (Data Source: GMGN):
PEACEPEPE
DOGEFART
sigmew
emeow
PGC
3. 24H Trending Tokens
PEACEPEPE, a meme coin influenced by the recent situation in the Middle East, has a token logo that combines a peace dove and PEPE.
Headlines
Data: The Trump family profited $57.7 million from cryptocurrency business.
The U.S. government's Office of Government Ethics released federal financial disclosure documents on Friday, showing that U.S. President Donald Trump earned $57.7 million from the token sale of the cryptocurrency company he co-founded with his son last year. This financial disclosure document details Trump's vast business empire, including hundreds of millions in revenue from hotels, golf resorts, and cryptocurrency businesses.
Binance: From June 17, trading volume between Alpha tokens will no longer be counted in points calculation.
Binance announced that it has noticed significant price fluctuations in ZKJ and KOGE recently. Initial investigations indicate that this is mainly due to large holders withdrawing on-chain liquidity and market chain liquidations. To maintain market fairness and stability and to reduce systemic risks caused by centralization, Binance will adjust the Alpha points calculation rules starting from June 17, 2025, at 00:00 (UTC). From then on, the trading volume of Alpha tokens will no longer be included in the points calculation.
KOGE project side: I and the official have not dumped KOGE, nor do I hold ZKJ, 48 Club has no business dealings with ZKJ project side.
KOGE project's 48 Club Ian stated in Binance Square: 'The crash was not due to 48 Club dumping KOGE; I personally did not dump KOGE; 48 Club has no business dealings with ZKJ and has no similar plans; 48 Club treasury has not held (or does not hold) ZKJ; I personally do not hold (or have never held) ZKJ. Binance Research and Binance Web3 have already consulted me about the price drop event, and I have given the above explanation. 48 Club has never provided a 'low-fee pool with restrictions on large amounts.' In fact, it is technically impossible to do so by providing an IP.'
Industry News
Insiders: Coinbase and Gemini will respectively obtain EU crypto licenses from Luxembourg and Malta.
Insiders say Coinbase and Gemini are expected to obtain EU crypto licenses from Luxembourg and Malta respectively, authorized to operate across 27 countries under MiCA regulations. This has sparked regulatory discrepancies in Europe, with some countries expressing doubts about Malta's rapid approval of OKX, Crypto.com, and Gemini, worried it may create a 'race to the bottom' in regulation. Officials from France's AMF and ESMA have also expressed concerns about uneven enforcement. Meanwhile, Coinbase is expanding its small team in Luxembourg to strengthen compliance efforts.
Bybit CEO: The first on-chain DEX incubated by Bybit, Byreal, will launch at the end of the month.
Bybit CEO Ben Zhou announced, 'The first on-chain DEX incubated by Bybit, Byreal, will launch at the end of this month. Born from the Solana ecosystem. The special features are: 1/ CEX + DEX synergy. Byreal is not just 'another DEX'. It combines CEX-level liquidity with DeFi's native transparency. This is true hybrid finance. More CEX + DEX projects will be launched in the future. 2/ Unified liquidity and speed using RFQ + CLMM routing design. Byreal will provide users with low slippage and MEV protection swap trades at extraordinary speed.'
Metaplanet issues $210 million zero-interest bond to purchase BTC.
According to an official announcement from Metaplanet, the company's board has resolved to issue its 18th series of ordinary bonds amounting to $210 million with an interest rate of 0%. All proceeds will be used to purchase Bitcoin. The bond will mature on December 12, 2025, and early redemption is also allowed.
Project News
Coinbase product head: Total on-chain lending on Coinbase exceeds $400 million.
Coinbase product head Max Branzburg cited Dune data, stating that Coinbase users have borrowed over $400 million USDC through on-chain mechanisms, with an annualized interest rate of about 5%. The lending feature has grown rapidly within months of its launch. Max mentioned that users are using this feature to take out loans with BTC as collateral, avoiding asset liquidation while raising funds.
ConsenSys founder: LINEA will be the first to launch tokens, multiple protocols will issue tokens.
ConsenSys founder Joseph Lubin responded to users' inquiries about whether MetaMask would issue tokens, stating that ConsenSys has established short-term and medium-term strategic plans involving the protocolization of existing products and several new projects. Given that Web3 protocols typically rely on tokens for operation, several protocols will gradually launch tokens in the future. Lubin revealed that the first to issue tokens will be LINEA, and subsequent protocols will also achieve coordinated development.
Investment and Financing
Yupp raised $33 million in seed round financing, led by a16z.
Yupp completed a $33 million seed round led by a16z. The Yupp platform allows users to compare various AI models for free, enabling users to input prompts and view responses generated by multiple AIs side by side, selecting the best results to form 'preference data packs.' This data is used for the retraining and evaluation of AI models. The platform combines blockchain technology to ensure transparency in the evaluation process, and users providing feedback can receive corresponding rewards, while AI developers obtain verifiable training data.
Anthony Pompliano plans to launch a Bitcoin investment tool and aims to raise $750 million.
Crypto entrepreneur Anthony Pompliano is reportedly planning to launch a new Bitcoin investment tool, targeting to raise $750 million. Pompliano is expected to serve as the CEO of ProCapBTC. ProCapBTC is a special purpose acquisition company (SPAC) aiming to merge with the publicly listed Columbus Circle Capital 1. Reportedly, under Anthony Pompliano's leadership (discussions are still ongoing), ProCapBTC will seek to raise $500 million in equity financing and $250 million in convertible debt through the merger with Columbus Circle Capital 1, which is backed by investment bank Cohen & Company. This ProCapBTC transaction may be announced as early as next week, although the specific terms have yet to be finalized.
Regulatory Trends
Vietnam passes the Digital Technology Bill intending to legalize cryptocurrency, expected to take effect on January 1 next year.
The Vietnamese National Assembly approved the (Digital Technology Industry Bill) on June 14, bringing digital assets under regulatory oversight. This bill is expected to take effect on January 1, 2026, recognizing crypto assets and laying the groundwork for broader digital innovation across Vietnam. Reportedly, the bill classifies digital assets into two categories: virtual assets and crypto assets. Although both rely on cryptography or digital technology for verification and transfer, they do not include securities, digital legal tender, or other financial instruments. Currently, the regulators' task is to outline the specific commercial conditions, classifications, and supervision mechanisms for these asset types.
The U.S. SEC and Ripple lawsuit is about to be heard, crypto lawyers believe Ripple has a 70% chance of winning.
After nearly five years of litigation, Ripple and the U.S. Securities and Exchange Commission hope to reach a settlement, but they still need to convince Judge Analisa Torres to change her ruling and lift the ban on Ripple, as well as reduce its $125 million fine to $50 million on the grounds that 'special circumstances' prove this request is reasonable.
Crypto lawyer John Deaton believes that Judge Analisa Torres has a 70% chance of approving Ripple's victory, as the judge may be more inclined toward a final ruling rather than another round of litigation.
Hong Kong's Financial Secretary: Licensed stablecoin issuers are allowed to choose different fiat currencies as their anchor currency.
Hong Kong's Financial Secretary Paul Chan published a secretary's essay (Speeding Up to Steady Navigation), noting that the development of digital assets has driven related business in financial institutions, with the total trading volume of digital assets and related products by local banks in Hong Kong reaching HKD 17.2 billion last year, and the total amount of digital assets held in custody by banks reaching HKD 5.1 billion at the end of last year.
The previously proposed (Stablecoin Regulation) has been passed by the Legislative Council, Hong Kong is cautiously advancing stablecoin development, providing a new paradigm for the global stablecoin market, which is also reflected in the firewall and experimental field function under 'one country, two systems,' offering experience and reference for national financial development. For example, Hong Kong has adopted a more open model, allowing licensed issuers to choose different fiat currencies as the anchor currency for issuing stablecoins, which is conducive to attracting more institutions from various places around the world to issue stablecoins in Hong Kong based on actual application scenarios and will greatly enhance the liquidity of related activities and the competitiveness of the Hong Kong market.
Voices from the Industry
Coatue founder: Bitcoin's volatility is decreasing, and it will become a core asset in investment portfolios.
Philippe Laffont, founder of Coatue Management, stated that although Bitcoin's early high volatility made him cautious about crypto assets, it is now maturing with the entry of institutional investors. He pointed out that as Bitcoin's volatility decreases and market awareness increases, its position in investment portfolios will become 'more important' and it is expected to become one of the core allocated assets.
Circle CEO: Stablecoins may be the most practical form of currency, 'iPhone moment' has yet to arrive.
Circle co-founder and CEO Jeremy Allaire recently posted on platform X that stablecoins may be the most practical form of currency ever, but the entire industry has yet to reach a critical juncture akin to the 'iPhone moment.' He pointed out that once the stablecoin industry enters this phase, developers will be able to unlock programmable digital dollars just like unlocking a programmable phone, at which point, digital dollars will unleash tremendous potential on the Internet and create widespread opportunities. He believes this era may not be far off.
Michael Saylor, founder of Strategy: Global capital will flow into the Bitcoin network, and the U.S. should layout early.
Michael Saylor, founder of Strategy, stated that global capital will gradually flow into the Bitcoin network and other digital spaces. He believes the U.S. should hold as much Bitcoin as possible early on to gain a competitive advantage before other countries realize its value. Saylor emphasized that the Bitcoin network, as a decentralized financial infrastructure, will become the core of future capital flows.
