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Memecoins have been gaining traction in the current market cycle, consistently drawing attention and capital. Established projects are now backing Pump.fun, a token launch platform, leveraging their brand and community resources to issue memecoins, engaging new users, and unlocking fresh capital for business growth. Fueled by the memecoin buzz, ApeChain's APE token surged by over 100% in a single day, reaching a three-month high. Additionally, Yuga Labs' NFT collections have seen a long-awaited recovery. Recently, major platforms and wallets have also begun actively supporting ApeChain. As a leading team from the NFT era, ApeChain shows strong development potential.








Recently, as market liquidity recovers, the crypto market—led by key assets like BTC and ETH—has started to rebound. Leading DeFi assets have continued to update their products amid six months of market volatility, maintaining their market dominance and leading positions. With the upcoming U.S. presidential election, both candidates are likely to propose favorable policies regarding DeFi and Web3 applications, potentially bolstering the sector. As a result, leading DeFi assets are expected to benefit from an early boost in liquidity recovery and may outperform the broader market in the coming months.

- 03:03$184 Million Liquidated Across the Network in the Past 24 HoursAccording to Coinglass data, the total liquidation across the network in the past 24 hours amounted to $184 million, with long positions liquidated at $87.3677 million and short positions at $96.6286 million. Among them, Bitcoin long positions were liquidated at $20.1032 million, Bitcoin short positions at $41.4106 million, Ethereum long positions at $16.8351 million, and Ethereum short positions at $10.9584 million.
- 03:02Former Trump Aide David Bailey in Talks to Establish a Bitcoin Investment FirmAccording to CoinDesk, former Trump aide David Bailey is in talks to establish a Bitcoin investment company.
- 03:02Spokesperson of the Chinese Embassy in the United States Answers Questions from Reporters on China-U.S. High-Level Economic and Trade TalksAccording to a report by Jinse Finance, a spokesperson for the Chinese Embassy in the United States responded to questions from reporters regarding the high-level China-U.S. economic and trade talks, stating that both the Chinese Ministry of Foreign Affairs and the Ministry of Commerce have made statements on the matter. I would like to emphasize the following three points: First, the U.S. side has recently conveyed information to China through various channels, expressing a desire to discuss issues such as tariffs. China decided to engage with the U.S. after carefully evaluating the information. The talks were held at the request of the U.S. Second, China's firm opposition to the U.S.'s arbitrary imposition of tariffs is consistent, and it will resolutely safeguard its legitimate rights and interests, international fairness and justice, and uphold WTO rules and the multilateral trading system. Third, this tariff war was initiated by the U.S. If the U.S. truly wants to resolve issues through dialogue and negotiation, it should stop threats and pressure, and engage in dialogue with China on the basis of equality, respect, and reciprocity. China will never accept the U.S. saying one thing and doing another, nor will it sacrifice its principled stance or international fairness and justice to seek any agreement. (Chinese Embassy in the United States)