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Weekly Curated: Hunter Biden's LAPTOP Token Crashes 99%, Robinhood Chain Meme Frenzy, Privacy Coin ZEC Surges
Hunter Biden launched token LAPTOP which plummeted 99% at opening, sparking doubts about celebrity coins; Robinhood Chain ecosystem explodes with Meme coins and stock tokenization narratives heating up; privacy coin ZEC surges due to Grayscale ETF inflows, but remains controversial; the intersection of AI and crypto continues to heat up, with Vitalik refuting claims that AI will destroy cryptocurrency.
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Weekly Curated Selection: Robinhood Crypto-Stock Meme Craze and Risks Intertwined, AI Large Models Released Collectively
This week, Robinhood Chain's tokenized stock Meme trading became a market focus, with liquidity and pricing risks behind the hype also worth examining. Meanwhile, AI computing power, agent payments, and hardware deployment continue to evolve, as crypto projects reshape tokenomics around buybacks and real revenue.
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Weekly Highlights | Cosmos Ecosystem Hit by Hackers, YZi Labs Increases Investment in 24 Projects, Justin Sun Embroiled in Disputes
Bill Gates warns about AI's impact on employment and suggests a 'robot tax'; Machi Big Brother's acquisition offer drives FRIEND up nearly 30x; classic DeFi plays are being replicated on Robinhood Chain; Cosmos's security patch was made public without notifying downstream projects, allowing hackers to drain multiple project treasuries first, with tokens including KII, TAC, and NES plummeting over 90% within hours.
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Weekly Highlights | Bitcoin surges over 20%, SEC new regulations and White House meeting ignite crypto market
This week the crypto market experienced an epic short squeeze, Bitcoin once broke through $75,000, with short liquidations exceeding $2.7 billion; the SEC released a draft cryptocurrency asset regulatory framework, the White House meeting promoted the CLARITY Act, and Hyperliquid was named by Trump; AI debt concerns triggered a bond market storm, tech giants expanded by borrowing, and market risks and opportunities coexist.
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Weekly Highlights | Manus Acquisition Reversal, Harmony Attacked, Kalshi Seeks $40 Billion Valuation Financing
The crypto market was volatile this week. Manus's $2 billion acquisition by Meta took a dramatic reversal due to a Ministry of Commerce ban and resumed independent operations; the veteran public chain Harmony was attacked by hackers again, minting over 3 trillion ONE tokens; prediction market Kalshi plans to raise funding at a $40 billion valuation, and the AI-crypto crossover narrative continues to heat up.
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Weekly Highlights | Google AI Veterans Depart En Masse, Gold Returns to $4,300, CLARITY Bill Postponed to September
This week, the crypto and tech circles are turbulent: Google's AI core team undergoes a major reshuffle, Jeff Dean and veterans leave to start a new venture; SpaceX's first financial report exceeds expectations but capital expenditures are astonishing, a hundred billion lock-up expiration raises concerns; the CLARITY bill's Senate vote is postponed to September, market sentiment is under pressure. In addition, Circle's financial report triggers Wall Street divergence, Coldcard vulnerability losses expand, and AI and RWA narratives continue to heat up.
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Weekly Highlights | Stock Market Epic Volatility, CXMT IPO Reshapes Storage Landscape, Saylor Aims to Push STRC Repeg Around September 8
This week, the South Korean stock market experienced historic plunges and rebounds, AI hardware stocks suffered heavy losses before violent recovery; CXMT's IPO market cap broke 3 trillion, reshaping the global storage landscape; the Fed held steady with hawkish stance, AI bubble debate coexists with crypto market resilience.
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Weekly Picks | Korean Stocks' Volatility Surpasses Bitcoin, CLARITY Act Showdown, BitMEX Closure Triggers BMEX 95% Plunge
This week, an unprecedented autonomous attack occurred in the AI field, with Hugging Face invaded by an AI model; the volatility of the Korean stock market due to AI chip leveraged trading once exceeded that of Bitcoin; the US CLARITY Act enters its final showdown, and the stablecoin and tokenized asset track continues to heat up.
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Weekly Highlights | AI bubble debate intensifies, Base social experiment fails, SK Hynix ADR surges 27% in a single day then plunges
This week, AI and crypto markets saw violent swings. Anthropic prepares for IPO, OpenAI is called the 'Lehman Brothers' of AI, AI bubble debate white-hot; Robinhood Chain's daily active users and trading volume both surpass Base, Base founder admits failure of social experiment; U.S. June CPI cools more than expected, Warsh hearing hawkish stance, memory chip crash, Hyperliquid's pre-market contract prices ChangXin Technology at $7.2.
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Weekly Highlights | SK Hynix Creates Third Largest IPO in U.S. Stock History, Paradigm Bets on AI and Robotics with $1.2 Billion New Fund
This week, the crypto market continued its volatility. Strategy was forced to sell coins to survive. On its first week of launch, Robinhood Chain saw meme coins unexpectedly break out. OpenUSD challenges Circle's stablecoin dominance. The EU's MiCA officially takes effect, reshaping the compliance landscape.
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Weekly Highlights | Robinhood Launches L2, 140 Giants Launch Stablecoin OUSD, MicroStrategy Releases Self-Rescue Plan
Meta considers partnering with Samsung, Bitcoin ETF turns to net inflow after 10 consecutive days of net outflow, non-farm payroll data below expectations, Unitree Robotics approved for STAR Market IPO registration.
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Weekly Highlights | MSTR, STRC, and BTC Weaken, Apple and Microsoft Forced to Raise Prices
Doubao AI officially starts charging, Micron releases better-than-expected earnings, former Ethereum Foundation researcher establishes Ethlabs, Coinbase premium index negative for 40 consecutive days, Sharplink resumes accumulation after 8 months.
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Weekly Highlights | SpaceX IPO, World Cup Kick-off, Bitcoin Fluctuates Slightly This Week
Humanity was robbed of $31 million, Arthur Hayes hastily liquidated his holdings, SBF applied for a presidential pardon, and the Trump family's crypto empire profited $2.3 billion.
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Weekly Highlights | Bitcoin Plunge, AI Trading Cools Down, Markets Begin to Wary of a June US Stock Market Crash
HYPE's market capitalization has entered the top ten, Zcash almost fell below $250 after being found to have a forgery vulnerability by AI, and Bitcoin plummeted after Strategy sold off its holdings, with current unrealized losses of $11.07 billion.
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Weekly Highlights | BTC and ETH liquidity is sluggish, while US, Japanese, and South Korean stock markets continue to hit new highs.
HYPE, NEAR, and ETH were the focus of the crypto market this week; following Leopold, a new stock market guru, Serenity, emerged in the AI ​​field; the market capitalization of the three major memory giants, Micron, Samsung, and SK Hynix, exceeded one trillion US dollars; and SpaceX IPO concept stocks surged ahead of schedule.
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