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On July 6, CryptoQuant analyst Darkfost reported that the dominance of Meme coins in the altcoin market has dropped to 3.7%, marking the lowest level since February 2024. This represents a significant decline from the peak of over 10% in November 2024. Darkfost noted that the number of Meme coin holders is becoming increasingly scarce, reaching the lowest levels in three years, indicating that this sector is being significantly overlooked by the market.

[Meme Coin Dominance Falls to 3.7%, Lowest Since February 2024]On July 6, CryptoQuant analyst Darkfost reported that the dominance of Meme coins in the altcoin market has dropped to 3.7%, marking the lowest level since February 2024. This represents a significant decline from the peak of over 10% in November 2024. Darkfost noted that the number of Meme coin holders is becoming increasingly scarce, reaching the lowest levels in three years, indicating that this sector is being significantly overlooked by the market.

Meme Coin Dominance Falls to 3.7%, Lowest Since February 2024

On July 6, according to data from Coinglass, if ETH falls below $1,692, the cumulative long liquidation pressure on major centralized exchanges (CEX) will reach $549 million. Conversely, if ETH breaks above $1,866, the cumulative short liquidation pressure on major CEX will reach $463 million.

[If ETH Falls Below $1,692, CEX Long Liquidation Pressure Will Reach $549 Million]On July 6, according to data from Coinglass, if ETH falls below $1,692, the cumulative long liquidation pressure on major centralized exchanges (CEX) will reach $549 million. Conversely, if ETH breaks above $1,866, the cumulative short liquidation pressure on major CEX will reach $463 million.

If ETH Falls Below $1,692, CEX Long Liquidation Pressure Will Reach $549 Million

On July 6, according to Coinglass data, if BTC breaks $65,774, the cumulative short liquidation intensity on major CEXs will reach $825 million. Conversely, if BTC falls below $59,989, the cumulative long liquidation intensity on major CEXs will reach $750 million.

[If BTC Breaks $65,774, CEX Cumulative Short Liquidation Will Reach $825 Million]On July 6, according to Coinglass data, if BTC breaks $65,774, the cumulative short liquidation intensity on major CEXs will reach $825 million. Conversely, if BTC falls below $59,989, the cumulative long liquidation intensity on major CEXs will reach $750 million.

If BTC Breaks $65,774, CEX Cumulative Short Liquidation Will Reach $825 Million

On July 6, The New York Times reported that three informed sources revealed U.S. President Donald Trump called FIFA President Gianni Infantino on July 1, requesting a review of the red card suspension imposed on U.S. team’s top scorer Balogun during the World Cup in Canada, Mexico, and the U.S. Balogun received a red card for stepping on an opponent's foot during the U.S. team's 2-0 victory over Bosnia in the Round of 32. On July 5, FIFA announced that due to violations of Articles 14 and 66 of the FIFA Disciplinary Code, the FIFA Disciplinary Committee imposed a one-match suspension on Balogun. However, according to Article 27 of the code, the committee has the authority to fully or partially suspend a disciplinary sanction, and Balogun's suspension was determined to be deferred for one year. This allows him to be eligible to play in the match against Belgium on Monday. This is the first time since 1962 that FIFA has allowed a player who was supposed to be suspended to continue playing. Trump welcomed FIFA's decision to allow Balogun to play on his social media platform but did not mention his call to Infantino or credit himself for the decision.

[Trump Pressures FIFA to Delay Red Card Suspension for U.S. Team's Top Scorer]On July 6, The New York Times reported that three informed sources revealed U.S. President Donald Trump called FIFA President Gianni Infantino on July 1, requesting a review of the red card suspension imposed on U.S. team’s top scorer Balogun during the World Cup in Canada, Mexico, and the U.S. Balogun received a red card for stepping on an opponent's foot during the U.S. team's 2-0 victory over Bosnia in the Round of 32. On July 5, FIFA announced that due to violations of Articles 14 and 66 of the FIFA Disciplinary Code, the FIFA Disciplinary Committee imposed a one-match suspension on Balogun. However, according to Article 27 of the code, the committee has the authority to fully or partially suspend a disciplinary sanction, and Balogun's suspension was determined to be deferred for one year. This allows him to be eligible to play in the match against Belgium on Monday. This is the first time since 1962 that FIFA has allowed a player who was supposed to be suspended to continue playing. Trump welcomed FIFA's decision to allow Balogun to play on his social media platform but did not mention his call to Infantino or credit himself for the decision.

Trump Pressures FIFA to Delay Red Card Suspension for U.S. Team's Top Scorer

On July 6, Sony Group announced that it will stop producing physical game discs for the PlayStation 5, meaning that after January 2028, all newly released games will only be available for purchase through digital channels. This decision has sparked strong opposition from the gaming community and game developers, who are generally concerned about losing complete ownership and control over digital content. Observers believe that Sony's move aims to enhance profit margins by eliminating physical distribution and inventory-related costs, but it has also raised concerns about the disappearance of market competition and the complete demise of the second-hand game market.

[Sony to Cease Production of PlayStation 5 Physical Game Discs, Ending Era of Physical Game Ownership]On July 6, Sony Group announced that it will stop producing physical game discs for the PlayStation 5, meaning that after January 2028, all newly released games will only be available for purchase through digital channels. This decision has sparked strong opposition from the gaming community and game developers, who are generally concerned about losing complete ownership and control over digital content. Observers believe that Sony's move aims to enhance profit margins by eliminating physical distribution and inventory-related costs, but it has also raised concerns about the disappearance of market competition and the complete demise of the second-hand game market.

Sony to Cease Production of PlayStation 5 Physical Game Discs, Ending Era of Physical Game Ownership

On July 6, a senior U.S. official stated that Trump plans to arrive at the NATO summit on Tuesday. His first meeting will be with the summit host, Turkish President Erdogan. The White House indicated that Trump will also meet with Syrian President al-Assad and hold a press conference. Additionally, Trump is set to meet with Zelensky on Wednesday to discuss how to end the Russia-Ukraine war. 'The battlefield situation has clearly reached a stalemate in recent months, with neither side making significant progress,' the official said. 'The President feels it is very necessary to facilitate a cessation of hostilities as soon as possible.' The official also noted that Trump will urge NATO allies to increase defense spending.

[Trump to Meet Ukrainian and Syrian Leaders During NATO Summit]On July 6, a senior U.S. official stated that Trump plans to arrive at the NATO summit on Tuesday. His first meeting will be with the summit host, Turkish President Erdogan. The White House indicated that Trump will also meet with Syrian President al-Assad and hold a press conference. Additionally, Trump is set to meet with Zelensky on Wednesday to discuss how to end the Russia-Ukraine war. 'The battlefield situation has clearly reached a stalemate in recent months, with neither side making significant progress,' the official said. 'The President feels it is very necessary to facilitate a cessation of hostilities as soon as possible.' The official also noted that Trump will urge NATO allies to increase defense spending.

Trump to Meet Ukrainian and Syrian Leaders During NATO Summit

On July 6, after more than two months of market technical and business preparations, the new A-share regulations officially came into effect on July 6 (Monday). The new regulations aim to optimize the securities trading system, promote stable market operations, and better meet investors' trading needs. Key aspects of the new regulations include optimizing the closing trading mechanism for funds in the Shanghai market, expanding the types of securities eligible for after-hours fixed-price trading, and adjusting the price fluctuation limits for stocks under risk warning on the main board (i.e., ST and *ST stocks). Investors should pay close attention to the changes in regulations and prepare their trading strategies and risk management accordingly.

[New A-Share Trading Regulations Effective Today: Investors Should Note Three Major Changes]On July 6, after more than two months of market technical and business preparations, the new A-share regulations officially came into effect on July 6 (Monday). The new regulations aim to optimize the securities trading system, promote stable market operations, and better meet investors' trading needs. Key aspects of the new regulations include optimizing the closing trading mechanism for funds in the Shanghai market, expanding the types of securities eligible for after-hours fixed-price trading, and adjusting the price fluctuation limits for stocks under risk warning on the main board (i.e., ST and *ST stocks). Investors should pay close attention to the changes in regulations and prepare their trading strategies and risk management accordingly.

New A-Share Trading Regulations Effective Today: Investors Should Note Three Major Changes

On July 6, since June, the trading activity of A-shares has continued to increase, with financing funds accelerating their participation in the market through ETFs. According to Wind data, as of June 30, the margin financing balance for ETFs in the Shanghai and Shenzhen markets reached 116.088 billion yuan, an increase of 5.258 billion yuan compared to the end of May. Among them, thematic ETFs such as semiconductors and communications have become key areas for financing fund accumulation. However, the financing balance of gold ETFs remains the highest, indicating that while leveraged funds are actively positioning for growth opportunities, they still maintain a certain level of risk-averse positions.

[ETF Margin Financing Balance Continues to Grow with Defensive and Offensive Strategies]On July 6, since June, the trading activity of A-shares has continued to increase, with financing funds accelerating their participation in the market through ETFs. According to Wind data, as of June 30, the margin financing balance for ETFs in the Shanghai and Shenzhen markets reached 116.088 billion yuan, an increase of 5.258 billion yuan compared to the end of May. Among them, thematic ETFs such as semiconductors and communications have become key areas for financing fund accumulation. However, the financing balance of gold ETFs remains the highest, indicating that while leveraged funds are actively positioning for growth opportunities, they still maintain a certain level of risk-averse positions.

ETF Margin Financing Balance Continues to Grow with Defensive and Offensive Strategies

On July 6, U.S. President Trump posted that Americans are capable of anything, except for a few things: obtaining voter ID, providing proof of citizenship, or—most importantly—abolishing the filibuster rule. Once the Democrats are in power, they will immediately eliminate this rule, add two states, increase the number of senators by four and representatives by eight, and secure at least 20 electoral votes; at that point, Republicans will no longer have a chance to win the presidency. Republicans, wake up! If you do not take action, your political careers will be difficult to sustain!

[Trump Calls for Abolishing Filibuster Again]On July 6, U.S. President Trump posted that Americans are capable of anything, except for a few things: obtaining voter ID, providing proof of citizenship, or—most importantly—abolishing the filibuster rule. Once the Democrats are in power, they will immediately eliminate this rule, add two states, increase the number of senators by four and representatives by eight, and secure at least 20 electoral votes; at that point, Republicans will no longer have a chance to win the presidency. Republicans, wake up! If you do not take action, your political careers will be difficult to sustain!

Trump Calls for Abolishing Filibuster Again

On July 5, The Information reported that Palantir CEO Alex Karp stated that some U.S. government clients have shifted from proprietary AI models to NVIDIA's open-source Nemotron model. His core assertion is to keep sensitive work within trusted application layers rather than directly relying on OpenAI or Anthropic.

[Palantir CEO: Some U.S. Government Clients Shift from Proprietary AI Models to NVIDIA's Open Source Nemotron Model]On July 5, The Information reported that Palantir CEO Alex Karp stated that some U.S. government clients have shifted from proprietary AI models to NVIDIA's open-source Nemotron model. His core assertion is to keep sensitive work within trusted application layers rather than directly relying on OpenAI or Anthropic.

Palantir CEO: Some U.S. Government Clients Shift from Proprietary AI Models to NVIDIA's Open Source Nemotron Model

Lao Huang: Prompt is Dead, the Entire AI Community is Frenziedly Chasing Loops

Trading Moments: Bitcoin's 200-week moving average has turned into a resistance level, can the July rise still be realized?

US CFTC Launches Broad Investigation into Polymarket, Is the Prediction Market Party Coming to an End?

How Collector Crypt Uses 'Recirculating Buybacks' to Create an Illusion of Growth

Aerodrome Finance: Can AERO target $0.65 after a 22% weekly rally?

Germany’s banking giants bring crypto to 80M customers – Why it matters

How Ethereum’s ‘Lean’ roadmap could reshape ETH over the next 4 years

Palantir CEO: Some U.S. Government Clients Shift from Proprietary AI Models to NVIDIA's Open Source Nemotron Model

Descargo de responsabilidad：El contenido anterior no representa las posiciones de HTX.，HTX no ofrece ninguna recomendación de trading.。

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