BONK's Meme Launchpad Letsbonk.Fun launched 7714 Meme coins yesterday, second only to Pump.fun.

On July 5th, the volatility of Bitcoin is currently at 1.62%, with it previously dropping to 1.45%. Over the past two months, Bitcoin has been continuously fluctuating within a narrow range between $93,000 and $111,000, which is in sharp contrast to its historical price trends. Market analysts attribute the decrease in volatility to multiple factors, with the increase in bullish option writing by Bitcoin holders being particularly crucial. Despite the decline in volatility, the Bitcoin perpetual contract funding rate remains positive, indicating that the market's bullish sentiment remains unchanged. BlockBeats Note: High Bitcoin volatility is often associated with speculative trading and retail fear of missing out (FOMO) sentiment. A decrease in volatility may indicate a reduction in short-term speculators, with the market entering a consolidation phase or a "cooling-off period." Furthermore, Bitcoin price volatility is often linked to macroeconomic events such as inflation expectation

On July 5th, as per EmberCN's monitoring, the "whale/institution that amassed 1,495 WBTC last year at a price of $69,162" continues to realize profits. It transferred 50 WBTC (approximately $5.41 million) to Binance two hours ago. Currently, the WBTC they accumulated has sold 773 WBTC (approximately $74.58 million) at an average price of around $96,481. They still hold 703.8 WBTC (approximately $75.95 million).

On July 5th, based on Coinglass data, if Bitcoin drops below $107,000, the cumulative intensity of long liquidation on mainstream CEXs will reach $444 million. Conversely, if Bitcoin rises above $109,000, the cumulative intensity of short liquidation on mainstream CEXs will reach $592 million. BlockBeats Note: The liquidation chart does not display the exact number of contracts to be liquidated or the exact value of the liquidated contracts. The bars on the liquidation chart actually represent the significance of each liquidation cluster in relation to adjacent liquidation clusters, that is, intensity. Therefore, the liquidation chart shows to what extent the price of the asset will be affected when it reaches a certain level. A higher "liquidation bar" indicates that when the price reaches that level, it will trigger a more intense reaction due to a liquidity cascade.

July 5th. As per CCTV News, on July 4th local time, U.S. President Trump declared that the U.S. government would commence dispatching letters to trade partners starting from that day and set new unilateral tariff rates. Trump mentioned that the new tariffs were likely to come into effect from August 1st. Trump stated that beginning from the 4th, the U.S. would send letters to multiple countries, anticipating that "10 or 12 letters" would be sent on that day, and more letters would be dispatched in the forthcoming days. He said he expected all these letters to be delivered by the 9th. Previously, Trump had set July 9th as the deadline for tariff negotiations. Regarding the newly set tariffs, Trump said, "The tariff rate could range from 60%, 70% to 10%, 20%." He stated, "We have finalized the final text (of the letter), which will basically elucidate how much tariff these countries are going to pay." CNN reported that it is currently uncertain which countries will receive these lette

On July 5th, Binance Alpha has now initiated AIN (Infinity Ground).

July 5th: The poll initiated by Elon Musk earlier regarding whether to create the "American Party" has garnered over 1.16 million participants thus far. 65% have voted "Yes" and 35% have voted "No". There are only 4 hours remaining until the end of the voting. On July 4th local time, U.S. President Trump signed the tax and spending bill into law, making it come into effect. Earlier on June 30th local time, Musk tweeted dozens of times, stating that lawmakers who support the bill should feel ashamed and suggesting that if the bill is passed, the "American Party" would be established the following day.