Key Market Intelligence on July 4th, How Much Did You Miss?

Peggy

2025-07-04 19:13

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1. On-chain Funds: $1B Flows into Ethereum; $1B Flows out of BNB Chain 2. Largest Price Swings: $BR, $BULLA 3. Top News: JD.com and Ant Group are urging the central bank to approve a RMB-backed stablecoin

Top News

1. JD.com and Ant Group Are Proposing PBoC Approve RMB-Based Stablecoin

2. David Sacks: July 14th Week to Be Crypto Week, Will Deliberate on Multiple Crypto Bills

3. CICC International and Victory Securities Surge Over 20% Intraday, Both Previously Approved to Offer Virtual Asset Trading Services

4. Jupiter Studio: Anti-Snipe Protection Mechanism Supports Users to Set Their Own Snipe Tax

5. AEX Founder Huang Tianwei Was Released on Bail in Thailand Yesterday

Trending Topics

Source: Overheard on CT (tg: @overheardonct), Kaito

HANA: Today's discussion about Hana mainly revolves around the expansion of the Hana Network leaderboard: from the original top 100 to the top 1000 participants, making it easier for small accounts to rank and receive rewards. The network is praised for its commitment to building a fun and entertaining trading platform aimed at the youth, earning it the title of the "Crypto TikTok." Additionally, a funny incident occurred where an algorithm misinterpreted a tweet about "Ghana," leading to the Indian Prime Minister being mistakenly recognized as a "top Web3 influencer." The community is also actively discussing the potential returns from the $HANA token presale and the upcoming airdrop for Kaito Yappers.

KAITO: Today's Twitter discussions about KAITO are focusing on the challenges and opportunities in the InfoFi ecosystem. Users are debating whether KAITO's algorithm can effectively reward genuine interactions rather than AI-generated content, with suggestions to combine on-chain behavior with content quality to enhance the mechanism. The community is also exploring KAITO's positioning in the broader crypto market, as well as hot topics like upcoming new features and potential airdrops. Furthermore, the importance of enabling small accounts to gain exposure and the significance of real interactions versus AI-driven engagement are widely discussed.

INFINEX: Infinex gained widespread attention today due to a $80,000 worth sweep of 17 Patron NFTs, boosting its implied market cap to $520 million. This action sparked discussions about the value and benefits associated with Infinex Patron, such as free swidges, early access features, and participation in exclusive communities. Fueled by this event, the floor price of Patron NFTs rose to 2 ETH, shifting market sentiment to bullish. Additionally, Infinex's integration capabilities with other DeFi applications and user-friendly interface are seen as key attractive factors.

ECLIPSE: Today, discussions around ECLIPSE focused on the launch of the $ES airdrop allocation tool and the upcoming Token Generation Event (TGE). The airdrop elicited mixed reactions from the community: some users were excited about their allocation, while others expressed disappointment for not qualifying. Moreover, concerns regarding the project team's management ability and past controversies have emerged. Nevertheless, market expectation for the TGE remains high, with many users hoping for positive developments from the project.

M: MemeCore garnered attention for its listings on major exchanges such as Binance Alpha, Kraken, Bitget, and the airdrop of 1000 M tokens to eligible users. The community discussed various stages of the airdrop, high APY staking opportunities, and the potential of M as the native coin. The flagship Dapp MemeX introduced staking for M and launched $stM for a PvP prediction game, which also became focal points. The overall discussion highlighted the community's high interest in M's ecosystem expansion and its innovative "Proof of Sh*t" mechanism.

Featured Articles

1. "Figma Sets the Stage for This Year's Largest US IPO, Can You Buy Its Private Equity on Republic?"

In early July, leading brokerage firm Robinhood announced its "stock tokenization" plan, sparking discussions. In addition, they also revealed information about offering "equity derivatives" of two unlisted companies, OpenAI and SpaceX. However, prior to them, on June 25th, the crowdfunding investment platform Republic preemptively announced the sale of the Mirro Token, linked to the performance of Elon Musk's SpaceX, among other unlisted companies. This well-established crowdfunding platform, operating for nearly 10 years, has several options of well-known "unlisted companies" on its platform. How does the mirror token from this platform differ from Robinhood's "equity derivatives," and how can we find opportunities on it?

2. "Four-Day Surge 30X, BitMine Sparks Stock Market ETH Reserve Craze"

On July 3, the Bitcoin mining company BitMine (stock code: BMNR) saw its stock price soar over 130% in a single day. Since the company announced on June 30 that it would raise funds mainly to increase its ETH holdings, the stock price has skyrocketed from $4 to $135 in a short period of time, an increase of over 30 times. This astonishing trend has not only led to a coordinated rise in stocks such as SharpLink (stock code: SBET) and Bit Digital (stock code: BTBT), but has also hinted at a new market trend emerging - the rise of Ethereum-style micro-strategy, gradually sweeping through the US stock market.