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The bidding event for HyperliquidX's USDH stablecoin reveals a shift in the power structure of the stablecoin market, highlights the conflict of interest between traditional issuers and decentralized protocols, and discusses potential solutions to the problem of liquidity fragmentation. Summary generated by Mars AI. This summary was generated by the Mars AI model, and the accuracy and completeness of the generated content are still in the process of iterative updates.

Pump.fun has attracted attention due to the listing of the PUMP token on Upbit and the surge in popularity of its livestream section. Several projects have rapidly increased their market capitalization through marketing campaigns and celebrity influence. Summary generated by Mars AI. The accuracy and completeness of the summary are still being iteratively improved by the Mars AI model.

A combination of Chinese and Western styles, everyone makes money together.

Investors are generally showing weak interest in Bitcoin Treasury (DAT) strategies, reflecting a saturated market demand and a rational return. Meanwhile, new altcoin DATs continue to emerge, but there is controversy within the industry regarding the prospects of such companies.

This article is an open letter from Bitget CEO Gracy Chen on the occasion of the company's seventh anniversary. Using the metaphor of the "nonexistent seventh gear" in motorcycle racing, she explains Bitget's spirit of pursuing breakthroughs and moving forward at full speed. In the letter, Gracy announces the new concept of the "Universal Exchange (UEX)" and defines it as the future form of exchanges.
- 17:24The euro's intraday gain against the US dollar has expanded to 1%, now quoted at 1.1876.ChainCatcher news, according to Golden Ten Data, the euro against the US dollar (EUR/USD) has expanded its intraday gains to 1%, now quoted at 1.1876.
- 17:20BTC surpasses $116,500Jinse Finance reported that according to market data, BTC has surpassed $116,500 and is now quoted at $116,516.93, with a 24-hour increase of 1.47%. The market is experiencing significant volatility, so please manage your risks accordingly.
- 17:02Movement Labs transforms into an L1 blockchain and launches Move 2.0According to Jinse Finance, market sources report that Movement Labs has officially transitioned to an L1 blockchain to enhance network performance and support native staking. At the same time, the project team has launched Move 2.0 to further strengthen development and ecosystem capabilities.