07/09/2025 | Summary of notable crypto news in the past 24 hours!

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There was a lot of news last night:

  • Trump attacks Powell : “Resign now!”
  • Musk fires back at Trump : “Harmful to the country”
  • AP has a market Capital of ~32 million USD
  • The BONK vs PUMP war is getting hotter, the BONK ecosystem Token is plummeting
  • Aevo Opens US Stock Trading with 1000x Leverage – Like a Real Casino
  • Ethereum (ETH ) up 3.2%, leading large Capital Token

🔥 Unmissable changes:

1. Trump attacks Fed Chairman Jerome Powell : "Behaving like a child", demands immediate interest rate cut and "resignation". He calls on Congress to open an investigation. Bitcoin skyrockets in the short term.

2. Musk continues to criticize Trump : "The government is in serious crisis". The concept coin #AP is fluctuating at a Capital of 32 million USD .

3. The BONK vs PUMP confrontation is getting more intense : New report shows Letsbonkfun surpasses PUMP in data, but BONK Token plummet:

  • #USELESS down 23% , market Capital down to 200 million USD

  • #IKUN 33% off

  • #LetsBONK 36% off

  • #Hosico 18% off

  • #BONK closed at $1.7 billion in Capital

4. a16z sold out 400,000 COMP Token , worth about $16.48 million , COMP still increased slightly by 0.8% .

5. Eigen Labs cuts 25% of its staff , shifting its business to EigenCloud . #EIGEN increased by 2.6% , but compared to the peak of 5.6, it is now only 1.15 USD , with a Capital of 2 billion USD .

6. Aevo launches Aevo Degen platform supporting US stock trading with 1000x leverage – including COIN, HOOD, CRCL. Trading only during US market hours, orders will be automatically closed at the end of the session. Trading is like gambling!

7. Robinhood CEO reveals hundreds of requests from private companies to issue crypto stocks. More than 200 US stocks are Tokenize , causing Capital to flow out of the crypto market.

8. Stablecoin-driven stocks in Hong Kong soar :

  • Golden Stream Investment increased by 140%

  • CICC up 16%
    How long will this fever last?

9. Eclipse Token (ES) is trading at pre-market at $0.3477 , a fully diluted valuation of $350 million . Are “crypto farmers” all rich?

10. SharpLink Gaming Accumulates Over $500 Million ETH , Helping Ethereum Gain 3.2% , Closing at $2,616 – Leading the Large Capital Group.

11. Trader Eugene commented : The $110,000 mark is still the last resistance for the bulls. Will the market choose a direction this week: bull or bear?

Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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