Cryptocurrency Market Cap Rises to $3.485 Trillion, with some Shitcoins and Meme Tokens Leading the Way

July 3rd. As per official information, Binance Alpha has initiated MemeCore (M). Eligible users are able to claim a 1000 M token airdrop using Alpha Points after the launch. This airdrop will be distributed in two stages: Stage One (First 18 hours): Users possessing at least 214 Alpha Points can make the airdrop claim. Stage Two (Next 6 hours): Users holding at least 140 Alpha Points can participate on a first-come, first-served basis until the airdrop pool is exhausted or the event concludes. It should be noted that claiming the airdrop will consume 15 Alpha Points. Users must confirm the claim on the Alpha event page within 24 hours; otherwise, they will be regarded as having given up the airdrop.

On July 3rd, BTC managed to break through the short-term downtrend line. Currently, it is trading at approximately 109,485 USDT, which is close to the resistance level of 110,348 USDT. There is support below at 105,000 and 102,560. If this support holds, there remains upside potential. This trend is related to the disappointing ADP employment data released in the United States in June. The market's expectation of a July rate cut has increased to 25.3%. Gold prices rose, the US dollar came under pressure, and cryptocurrencies strengthened simultaneously. Bitunix analyst's suggestion: The weak ADP data supports the market's expectation of the Fed starting rate cuts, which is beneficial to risk assets in the short term. If the price successfully holds above 110,348 USDT, it is expected to challenge the resistance level above 112,000. In case of a pullback, opportunities in the range of 106,000 - 105,000 should be monitored. It is recommended to pay attention to today's release of non-far

On July 3rd, based on market data, after the news of being listed on Bithumb, H witnessed a temporary surge of more than 17% and then fell back. Currently, it is trading at $0.068, which is about 10% higher than the time of the announcement.

On July 3rd, based on market data, due to the news of Bithumb's listing, OM witnessed a brief 6% price increase and is now trading at $0.23.

On July 3rd, as per official channels, South Korea's second-largest cryptocurrency exchange, Bithumb, has incorporated Humanity Protocol (H) and Mantra (OM) with KRW trading pairs.

July 3rd. According to Securities Times, Gan Tian, the CEO of Huaxia Fund (Hong Kong), stated that the stablecoin business is currently in a crucial stage of transitioning from policy implementation to scene experimentation. It is entering a critical point where "basic rules are established and application scenarios are ready to explode." He believes that the Hong Kong Web3 ecosystem is embracing new development opportunities and is demonstrating strong growth momentum. Gan Tian revealed that Huaxia Fund is also participating in the stablecoin sandbox testing initiated by the Hong Kong Monetary Authority and is exploring an integrated application of payment, subscription and redemption, and asset management. He pointed out that in the future, whoever can first establish a closed loop of "compliance + implementation + asset connection" will have the opportunity to become a market leader. Regarding Hong Kong's released Policy Manifesto 2.0, Gan Tian praised it for demonstrating a deeper