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China And Russia Have Signed A Memorandum Of Understanding In The Fields Of Antitrust Enforcement And Competition Policy
Fuel Oil Futures Contract 2609 Fell 5.58% Intraday, Last Quoted At 3890 Yuan/ton, With A Decrease Of 17,300 Lots In Open Interest During The Day, Indicating A Slight Decline In Open Interest
Canadian Foreign Minister: Canada Strongly Condemns The Terrorist Attack On A Passenger Train In Pakistan's Balochistan Province That Killed Dozens And Injured Many Others. I Have Contacted The Pakistani Foreign Minister To Convey Canada's Support
Yuanyuan Tan Tian: Cooperation Can Create Space For Shared Development For Both China And The United States
Shanghai Silver Futures Contract 2608 Rose Nearly 3% Intraday, Last Quoted At 19,136 Yuan/kg, With A Turnover Exceeding 165 Billion Yuan And An Increase Of Over 10,000 Lots In Open Interest. Market Volatility And Trading Activity Remain High
China's Central Bank (PBOC) Announced Today That It Conducted 258 Billion Yuan Of 7-day Reverse Repurchase Operations, With Both The Bid And Winning Bids Amounting To 258 Billion Yuan. The Operating Rate Was 1.40%, Unchanged From The Previous Rate
The Central Parity Rate Of The Yuan Against The US Dollar Was Raised By 55 Basis Points To 6.8318, Reaching Its Highest Level Since February 15, 2023
Manganese Silicon Futures (2607 Contract) Rose During The Session, With Gains Widening To 2.08%, Currently Trading At 5994 Yuan/ton, With A Turnover Of Approximately 2.798 Billion Yuan. Open Interest Decreased By Nearly 3500 Lots During The Day, Indicating A Trend Of Rising Prices With Reduced Open Interest. Ferrosilicon Futures (2607 Contract) Experienced Increased Volatility, Currently Trading At 6042 Yuan/ton, A Daily Increase Of 3.46%
The European-Mediterranean Seismological Centre Reports A 4.3-magnitude Earthquake Off The Coast Of Guatemala
OCBC Bank: U.S.-Iran Tensions Easing Boosts Risk Assets, But Unclear Nuclear Details May Limit FX Upside
Singapore's Ministry Of Trade And Industry: We Will Continue To Monitor The Situation And Adjust Our GDP Growth Forecast For The Whole Year
Singapore's Ministry Of Trade And Industry: Continued Supply Disruptions Caused By The Middle East Conflict Could Keep Energy And Other Raw Material Prices High
A Monetary Authority Of Singapore (MAS) Official Said The Economic Assessment And Forecasts, Including The Output Gap, Are Consistent With Previous Projections
A Singapore Monetary Authority Official Stated That The Monetary Policy Stance Remains Appropriate

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Episode 33 of The Crypto Beat was recorded with The Block's Head of Growth, Tim Copeland, Co-host Kelvin Sparks and memecoin aficionado Murad.
Listen below, and subscribe to The Crypto Beat on YouTube, Apple, Spotify, Twitch or wherever you listen to podcasts. Please send feedback and revision requests to podcast@theblock.co
In this episode, Murad argues that the future of crypto lies in belief-driven, community-powered assets rather than short-term speculation or VC-backed utility tokens. He explains why meme coins like SPX6900 are not just speculative plays but cultural and spiritual movements that offer their holders meaning, identity, and potential financial upside.
OUTLINE 00:00 – Introduction
00:47 – Memecoin Landscape
04:58 – Rise of Bonk.Fun
07:10 – The next six months
09:15 – SPX6900 as a Schelling Point
18:33 – Responsibilities with Memecoins
23:45 – Flipping the Stock Market
29:23 – Memecoin mullet
34:13 – Memecoin strategy
38:55 – Bitcoin Treasury Trade
45:47 – Crypto's Future
48:17 – Murad's Motivation in Crypto
52:56 – Creating or Moving Value
54:56 – Conclusion
The Block Newsletters The Block's newsletters bring you the latest news and analysis of the fast-moving crypto and DeFi markets. To subscribe, visit theblock.co/newsletters
Guest links: Murad - https://x.com/MustStopMurad
Are you hiring in crypto? Use Campus to quickly find your best candidates with our challenging Crypto Assessment Test.
Faster hiring, stronger teams.
Sign up for a trial today: theblock.co/campus
Disclaimer: The Block is an independent media outlet that delivers news, research, and data. As of November 2023, Foresight Ventures is a majority investor of The Block. Foresight Ventures invests in other companies in the crypto space. Crypto exchange Bitget is an anchor LP for Foresight Ventures. The Block continues to operate independently to deliver objective, impactful, and timely information about the crypto industry. Here are our current financial disclosures.
© 2025 The Block. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
The risk of loss in trading financial instruments such as stocks, FX, commodities, futures, bonds, ETFs and crypto can be substantial. You may sustain a total loss of the funds that you deposit with your broker. Therefore, you should carefully consider whether such trading is suitable for you in light of your circumstances and financial resources.
No decision to invest should be made without thoroughly conducting due diligence by yourself or consulting with your financial advisors. Our web content might not suit you since we don't know your financial conditions and investment needs. Our financial information might have latency or contain inaccuracy, so you should be fully responsible for any of your trading and investment decisions. The company will not be responsible for your capital loss.
Without getting permission from the website, you are not allowed to copy the website's graphics, texts, or trademarks. Intellectual property rights in the content or data incorporated into this website belong to its providers and exchange merchants.
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