A trader went long on PUMP and made a profit of over $1.5 million, starting to take profits as the price broke through $0.007.

On July 13th, analysts voiced concerns regarding the economic and diplomatic implications following President Trump's threat on Saturday to impose a 30% tariff on goods imported from Mexico and the EU starting from August 1st. Mary Lovely, a senior fellow at the Peterson Institute for International Economics, cautioned that Trump's tariffs would ultimately result in price increases and job losses. Meanwhile, Alan Sykes from Stanford Law School expressed worries about whether the US would be regarded as a reliable party in future negotiations. (FX168)

July 13th. In response to the post by community KOL @hebi555 about "It may take a long time for BP to issue coins, so everyone be prepared for a marathon.", Backpack CEO Armani Ferrante replied, saying, "This is an exaggeration. Our progress is very fast. It is even faster than what you imagine." Previously, Armani Ferrante had stated, "I can't provide an exact answer. Based on other successful token programs, it could be at most a year (we have 10 weeks in a quarter). We will flexibly adjust according to the progress of regulations. It may be shorter or a little longer, but I expect it not to exceed a year. However, I don't want to make any guarantees because these processes are both long and complex, involving many different parties."

On July 13th, based on HTX market data, the 24-hour price increase of PENGU has reached 16%. It is now trading at $0.02633, and the market capitalization has risen to $1.614 billion.

On July 13th, according to the monitoring of crypto analyst AI Auntie ai_9684xtpa, the "Insider Trader" @qwatio increased their short position in FARTCOIN to $18.58 million. The first three positions were all short positions, with an overall unrealized gain of $547,000: · 40x Short in BTC: Holding 1,273.58 coins, with a value of $150 million and an entry price of $117,828.8; · 25x Short in ETH: Holding 33,742.74 coins, with a value of $99.74 million and an entry price of $2,966.63; · 25x Short in FARTCOIN: Holding 15 million coins, with a value of $18.56 million and an entry price of $1.2543.

On July 13th, CZ retweeted a tweet posted by Matt Wallace. The content is as follows: “There is evidence indicating that Coinbase might be the 'anonymous' whistleblower. Its intention is to smear World Liberty Financial and Binance in an attempt to discredit President Trump. It is alleged that Coinbase became aware that Binance's former CEO CZ might receive a pardon. Due to Coinbase's high transaction fees and poor customer service, the company's senior management is worried that once Binance re-enters the US market with a legal status, it will quickly gain market share, causing a significant blow to Coinbase's revenue. Binance is the world's largest cryptocurrency exchange. If it re-enters the US market, it will directly impact Coinbase's market share. What is even more astonishing is that Coinbase actually attempted to attack competitor Binance by attacking President Trump. This behavior has been labeled as 'anti-American'! Will Coinbase admit and take responsibility for this wrong

July 13th. Bybit announced that on July 12th, 2025, at 2 PM UTC (Coordinated Universal Time), the public token sale of PUMP officially commenced. Due to an extremely high level of market demand, the tokens were oversubscribed within seconds. As a result, some users were successfully allocated tokens while others were unable to participate. All users' order statuses have been carefully reviewed. To ensure fairness and transparency, the token allocation strictly adhered to a "first-come, first-served" principle. Within 10 minutes after Bybit confirmed the final status of the PUMP token sale, all oversubscribed funds have been fully refunded. Bybit will provide all affected users with a 20 USDT spot trading fee discount coupon as compensation. This coupon has been delivered to the account's "Rewards Hub" and can be used immediately for spot trading fee discounts upon manual redemption.