According to Odaily, Bitget's on-chain trading platform has launched MEME tokens ZEUS, BONKPUTER, BSTR, Bubble, JUGS, COMET, and AiMau from the Solana and BNB Smart Chain ecosystems. Users can initiate transactions in the on-chain trading section. Bitget Onchain aims to seamlessly connect CEXs and DEXs, providing users with a more convenient, efficient, and secure on-chain trading experience. Users can directly trade popular on-chain assets (USDT/USDC) using their Bitget spot accounts. Currently, popular public chains such as Solana (SOL), BNB Smart Chain (BSC), and Base are supported.

1. BAYC #7940 sold for 666 ETH, valued at $2.35 million. 2. Binance Alpha will list Cycle Network (CYC) on August 4th. 3. As the market falls, whales panic sell ETH; 4. Bitcoin spot ETFs saw a total net outflow of $812 million yesterday, the second highest in history; 5. The 20-day streak of net inflows ended, with Ethereum spot ETFs experiencing a total net outflow of $152 million yesterday; 6. The floating loss of "Big Brother Maji" positions has expanded to $18.5 million, and the floating loss of ETH is almost the same as that of PUMP; 7. Coinbase will suspend Function X (FX) trading on August 15 8. Gate Group announced its entry into the US market, launching Gate US and opening spot trading services; 9. Pumpfun's daily revenue hit a new low since May 2024; 10. The U.S. SEC Crypto Task Force will hold a series of roundtable meetings in ten cities starting in the fall.

According to Odaily Planet Daily, Coinbase officially announced that it regularly monitors assets listed on the exchange to ensure they meet listing standards. Based on a recent review, it will suspend trading of Function X (FX) because the underlying smart contract supporting this asset on Coinbase remains suspended by the project team. Therefore, Coinbase will suspend trading of Function X (FX) on August 15, 2025, at approximately 2:00 PM EST.

Blockchain startup Subzero Labs has secured $20 million in seed funding led by Pantera Capital, with participation from Variant, Coinbase Ventures, and Susquehanna's crypto arm. The company is developing the Rialo blockchain for real-world scenarios, aiming to break through the current limitations of crypto technology, which primarily serves financial speculation. Co-founder Ade Adepoju, a former Mysten Labs engineer who also worked on the Sui blockchain, aims to provide non-crypto developers with a native solution for integrating external data (such as FICO credit scores) on-chain, without relying on oracles. The team currently has 20 members, and the funding includes equity and token subscription rights. The specific valuation was not disclosed. (Fortune)

According to Odaily Planet Daily, Bernstein analysts maintained their $510 price target for Coinbase in their latest research report, despite the company's stock price falling over 15% following the release of its earnings report. The analysts believe that the second-quarter performance will have a limited impact on the company's outlook, and they prioritize the positive signal of a 44% month-over-month increase in trading activity in July. Bernstein predicts that as structural changes in the stablecoin and asset tokenization sectors progress, the market will experience greater volatility in the second half of the year, with trading focus shifting to blockchain assets and financial tokens such as Ethereum and Solana. (The Block)

According to Odaily Planet Daily, U.S. crypto stocks generally fell, with Coinbase (COIN) down 16.19% and the current price being $317.67; Riot Platforms (RIOT) down 18.07% and the current price being $10.99; Circle (CRCL) down 8.02% and the current price being $168.8; Robinhood Markets (HOOD) down 8.76% and the current price being $93.90.

Odaily Planet Daily reported that Yahoo Finance's market data showed that Coinbase (COIN.O) stock price fell 12.9% to $328.99, the largest intraday drop since April.

1. Analyst: BTC fell below the key support of $117,000, and the probability of "filling the gap" increased; 2. Digital identity platform Billions completed a $30 million financing round, with participation from Polychain and Coinbase Ventures; 3. Vaultz Capital secured £4.3 million in funding and plans to expand its Bitcoin treasury and infrastructure strategy. 4. British listed company Valereum plans to establish a Bitcoin treasury and launch a £500,000 financing plan; 5. SharpLink Chairman: Considering convertible note financing to ease stock price pressure; 6. French listed company CBI already holds 25 BTC and plans to cooperate with SAFEbit to acquire up to 2,000 more; 7. Metaplanet plans to issue up to 555 billion yen of perpetual preferred shares and has filed a shelf registration statement; 8. Matrixport: August and September may be periods of weakness for BTC, potentially leading to a short-term consolidation period. 9. China Renaissance Capital plans to expand its Hong Kong license and increase its investment in digital assets and Web 3 infrastructure. 10. AI computing economy platform GAIB completed a US$10 million strategic financing round, led by Amber Group; 11. Trump criticized Powell for refusing to cut interest rates, saying that if no action is taken, the board of directors should take over.

Odaily Planet Daily reported that Coinbase Chief Legal Officer Paul Grewal said that the company has filed a motion in federal court, accusing the U.S. Federal Deposit Insurance Corporation (FDIC) of systematically obstructing the disclosure of documents related to "Operation Chokepoint 2.0". Court documents show that despite being ordered to cooperate four times, the FDIC has refused to submit complete "cease and desist letters" requiring banks to suspend crypto operations between 2020 and 2024. The agency's internal policy allegedly instructs employees to invoke Section 8 of the Freedom of Information Act (FOIA) to "withhold all" relevant materials, without distinguishing between factual and analytical material. Coinbase noted that the FDIC's search was limited to documents submitted to the Office of the Inspector General, resulting in the omission of numerous key records. The agency acknowledged in a January hearing that it lacked a document retention mechanism for FOIA lawsuits. The legal action has forced the FDIC to release hundreds of pages of documents, revealing widespread regulatory resistance banks face in advancing crypto businesses. Coinbase said that as the US government shifts to pro-crypto policies, tracking these historical actions will help prevent similar interventions from happening again. (Decrypt)

According to Odaily Planet Daily, Bitget's on-chain trading (Onchain) projects have recently shown an upward trend. Among them, DEBT has seen the highest increase since its launch, reaching 1275.6%, WORTHLESS 1155.5%, and Billy 354.0%. Bitget Onchain aims to seamlessly connect CEXs and DEXs, providing users with a more convenient, efficient, and secure on-chain trading experience. Users can directly trade popular on-chain assets (USDT/USDC) using their Bitget spot accounts. Currently, popular public chains such as Solana (SOL), BNB Smart Chain (BSC), and Base are supported.