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Base Chain-based B20 standard Meme coin Brain surges 25-fold, with its market capitalization briefly breaking through $19 million.

53 minutes ago

According to GMGN market data, the meme token Brain (Coinbase Man) on the Base blockchain briefly hit an all-time high market cap of over $19 million, with its current market cap standing at $14 million. The token has seen a nearly 25x price surge in 24 hours, alongside a 24-hour trading volume of $20.6 million. Brain (Coinbase Man) adopts the native B20 token standard rolled out via Base’s Beryl upgrade, and derives its name from Coinbase CEO Brain Armstrong. BlockBeats Note: Meme tokens are highly volatile assets, driven primarily by market sentiment and conceptual hype, with no intrinsic value or practical use cases. Investors are strongly advised to exercise caution.

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Zhipu AI's stock fell over 17% intraday, pressured by the launch of Kimi K3 and explicit criticism from Anthropic.

According to Bitget market data, Hong Kong-listed Zhipu AI saw its shares plunge over 17% during intraday trading, and is now down nearly 15%. On the news front, its direct competitor Moonshot AI released Kimi K3, which outperformed Claude Opus 4.8 and GPT-5.5 in certain programming and agent tests. Additionally, Anthropic publicly named Zhipu for the first time yesterday, accusing the firm’s GLM-5.2 model of distilling models from Claude and OpenAI.

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'Maji'’s Ethereum long position is on the verge of liquidation, with a $1.008 million account drawdown in the past 24 hours.

According to on-chain analyst Ai Yi (@ai_9684xtpa), ETH long positions held by crypto personality "Big Brother Ma Ji" (Huang Licheng) have faced sustained pressure. He has gradually reduced his holdings from a peak of 16,575 ETH to 9,600 ETH, valued at approximately $17.76 million. The account has recorded a total drawdown of $1.008 million in the past 24 hours, with floating profits nearly wiped out. Currently, the position has only a $16 price gap remaining before hitting the liquidation price, placing it on the brink of extreme danger.

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Paying users get early access to Trump's posts, as Truth Social opens a new avenue for presidents to monetize their influence.

According to Reuters, Trump Media will sell faster access to posts published on Donald Trump’s Truth Social platform. The new service will allow traders and investors to pay for real-time pushes of Truth Social posts. This data feed service will be available to institutional clients, including high-frequency algorithmic trading firms, starting next month. Trump Media stated that some clients have already signed up before the official launch, but it did not disclose specific pricing for the service, nor how much earlier clients will receive Trump’s posts compared to regular users.

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Southern’s double-leveraged long product targeting SK Hynix and Samsung saw its decline widen to over 19%, hitting new lows not seen since May for both.

According to Bitget market data, the Hong Kong-listed CSOP 2x Long SK Hynix fell more than 20% at one point during intraday trading, and is now down 17.8%. The Hong Kong-listed CSOP 2x Long Samsung dropped over 19% intraday, and is currently down 18.1%. Both have hit their lowest levels since May.

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Xi Jinping attends the opening ceremony of the 2026 World Artificial Intelligence Conference and the High-Level Conference on Global Artificial Intelligence Governance, and delivers a keynote address.

Chinese President Xi Jinping attended the opening ceremony of the 2026 World Artificial Intelligence Conference and the High-Level Conference on Global Artificial Intelligence Governance in Shanghai, and delivered a keynote speech. (Xinhua News Agency)

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A whale heavily invested in semiconductor stocks has liquidated all its holdings at a loss, with losses mainly stemming from positions in MRVL, SanDisk and SK Hynix.

According to on-chain analyst Ai Yi (@ai_9684xtpa), a whale that went long on a basket of tech semiconductor stocks has liquidated its entire position at a loss, resulting in a total account loss of over $10.4 million in 30 days. The whale previously held a $19.39 million heavy position in popular semiconductor stocks including MRVL, SNDK, SKHX, MU, NBIS, CRCL, and ZHIPU, with major losses attributed to Marvell Technology, SK Hynix, and SanDisk.

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