Bitcoin hits resistance on rally, falls back below $80,000

According to GMGN market data, today’s meme coin market has entered a phase of divergence. Strong-performing tokens on Robinhood Chain have pulled back from their highs, but capital has not significantly exited the market—instead, it is continuing to seek new relay opportunities within the chain. The AI-themed meme coin Artificial Inu (AI) hit a new all-time high, while FONE has emerged as a standout on Solana, with the short-term market still focused on high-volatility meme coins. On Robinhood Chain, CASHCAT has pulled back after hitting a phase high, currently trading at ~$0.203, with a market cap of ~$204 million. Its all-time high market cap stood at ~$257 million, down 12.1% in 24 hours, and 24-hour trading volume is ~$34.1 million. PONS also corrected from a high, currently priced at ~$0.112, with a market cap of ~$114 million, all-time high ~$149 million, down 8.6% in 24 hours, and 24h trading volume ~$15.7 million. Meanwhile, Artificial Inu (AI) continues to strengthen, hitting an all-time high market cap of $95.7 million at one point. The meme coin is currently trading at ~$0.0878, with a market cap of ~$87.17 million, up 50.4% in 24 hours, and 24h trading volume ~$15.5 million. AI’s core narrative combines AI and Inu dog themes, making it one of the strongest relay tokens on Robinhood Chain recently. The new hotspot on the Solana network is FONE, a meme coin currently priced at ~$0.0222, with a market cap of ~$22.1 million, all-time high ~$32.2 million, up 692% in 24 hours, and 24h trading volume ~$80 million. Full name apeonfone, FONE is a newly launched phone-themed meme coin on Solana that has quickly attracted short-term capital thanks to its new token narrative and extremely high turnover.

Beating AI Newsflash: TIME Unveils 2026 TIME100 AI, the fourth edition of its annual AI power list. NVIDIA CEO Jensen Huang and DeepSeek CEO Liang Wenfeng, both featured in the "Leaders" category last year, are absent from this year’s lineup. YUANZHI LING’s Yang Zhilin, however, makes his debut in the "Innovators" category. TIME Editor-in-Chief Sam Jacobs specifically highlighted him, noting that YUANZHI LING’s models have garnered "extraordinary attention" over the past year, sometimes outperforming even the most advanced U.S. rivals. This year’s "Leaders" category includes OpenAI’s Sam Altman, Mark Chen, and Greg Brockman, while Anthropic’s Dario and Daniela Amodei also made the cut. Chinese entities with representatives on the list include ByteDance, Alibaba, Huawei, SMIC, YUANZHI LING, Zhipu AI, Manus, Zhiyuan Robotics, and BYD. Many new faces this year are agent and AI tool entrepreneurs: Cursor CEO Michael Truell, OpenClaw creator Peter Steinberger, and Manus founder Xiao Hong all landed in the "Innovators" category. Perhaps the most surprising addition is Ben Affleck. The Hollywood actor, famous for playing Batman, was also named to the "Innovators" list. His company InterPositive uses AI for film post-production. Netflix acquired the firm in March this year, with the cash deal valued at roughly $587 million, and Affleck joined Netflix as a senior advisor post-acquisition.

Per an official announcement, Bitget has launched HPQ (Hewlett-Packard) stock perpetual contracts. The contracts are settled in USDT, support up to 20x leverage, and are available for 24/7 trading. As of now, Bitget offers a total of 295 stock contract underlyings.

Goldman Sachs said oil exports from the Persian Gulf have recovered to roughly two-thirds of pre-conflict levels. Goldman Sachs analysts including Daan Struyven noted that, driven by increased traffic through the Strait of Hormuz, total exports of crude oil and petroleum products from the region have risen to 15 million to 16 million barrels per day, still 7 million to 8 million barrels lower than pre-conflict levels, but far above the low of 5 million to 6 million barrels per day recorded in March. Oil volumes transported solely via the Strait of Hormuz may already be approaching the 8 million to 10 million barrels per day estimated by U.S. officials. Goldman Sachs stated: "The rise in the number of professional carriers sailing with their vessel tracking signals disabled, along with increased ship-to-ship transfer activities, indicates that producers and carriers are adapting to the Middle East conflict." While large volumes of oil are being shipped out of the Persian Gulf, shipments of liquefied natural gas (LNG) and refined petroleum products remain low. Goldman Sachs added: "In a scenario of sustained supply disruptions, we still believe that upside potential for European natural gas prices and forward refined product prices will be larger than that for crude oil." (Source: Jinshi)

According to monitoring by TradingBeats (formerly Hyperinsight), a trader nicknamed "US Stock Winner"—previously focused on US stock trading—sold all 295,300 HYPE long positions last night, at an average execution price of approximately $82.47, generating a turnover of around $24.353 million and a gross profit of roughly $277,000. The 24 non-position-reduction sell orders placed earlier remain uncanceled, with prices ranging from $99.03 to $110.74, totaling 327,300 units and a nominal value of about $34.188 million.

XRP treasury firm Evernorth Holdings announced that its S-4 registration statement filed with the U.S. Securities and Exchange Commission (SEC) has taken effect, advancing plans to list on Nasdaq via a merger with special purpose acquisition company (SPAC) Armada Acquisition Corp. II. The registration’s effectiveness does not signify the merger is finalized; the transaction still requires shareholder approval. Evernorth intends to operate as a regulated digital asset treasury firm, providing public market investors with exposure to XRP, and will allocate capital to XRP-related infrastructure and treasury strategies to increase the amount of XRP per share. The company expects the merger to close by the end of this third quarter or early fourth quarter, with the combined entity set to trade under the ticker symbol “XRPN” post-transaction. The S-4 filing covers up to 34,499,992 Class A common shares of Evernorth and 11,499,992 related warrants. Evernorth’s investors include Ripple, Arrington Capital, SBI Group, Pantera Capital, Kraken, and GSR, among others.