According to foreign media analysis, if US President Trump chooses Kevin Hassett or David Malpass to succeed Kugler as Fed Governor, the US dollar may weaken. This is because Hassett and Malpass are seen as more dovish than Kevin Warsh, another popular candidate for the position. Trump will announce Kugler's successor before the end of this week, and this person may also become the Fed Chairman who will succeed Powell. Trump has currently narrowed the candidates to four: Hassett, Malpass, Warsh, and current Fed Governor Waller. Regardless of who Trump ultimately chooses to replace Kugler, that person is likely to advocate for a Fed interest rate cut of more than 25 basis points in September. (Jinshi)

Odaily Planet Daily News: Hong Kong Stock Exchange: The total market value of the securities market will be HK$44.9 trillion at the end of July 2025, up 44% from HK$31.1 trillion in the same period last year. (Jinshi)

Odaily Planet Daily reports that Jesse Pollak, head of the Base ecosystem, announced on the X platform that every Base ecosystem token will be tradable on Coinbase. Subsequently, Base ecosystem builder Poet.base.eth (@1CrypticPoet) explained in a post that every @base token, meme coin, or utility will soon be searchable and tradable on @coinbase, which boasts approximately 8 million active users. Users can purchase the token simply by searching for it on Coinbase, without listing the token. Odaily Planet Daily Note: This move may be Coinbase's imitation of other CEXs to launch on-chain token trading functions.

Odaily Planet Daily reported that the five addresses that participated in the PUMP public sale and deposited a full $1 million were suspected of liquidating their positions, missing out on $10.866 million in profits compared to the peak price. Four hours ago, he collected 1.25 billion PUMPs from the five addresses and then deposited them into Kraken, worth $4.06 million. This part of the tokens has shrunk by 72% compared to the highest point.

According to OKX market data from Odaily Planet Daily, MEMEFI briefly broke through 0.0025 USDT and is now trading at 0.0201 USDT, a 24-hour increase of 45.8%. According to previous news, Binance will delist DEFIUSDT and MEMEFI perpetual contracts.

According to the monitoring of on-chain analyst Aunt Ai, the whale who built a BTC position in the last bull market continued to take profits after four years. One hour ago, he recharged 50 WBTC (5.71 million US dollars) to Binance. If sold, he will make a profit of 2.885 million US dollars, and the cost is 56,410.89 US dollars. Since yesterday, he has allegedly sold 100 WBTC with a total value of 11.44 million US dollars. He currently still holds 88,253 WBTC.