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The Onshore Yuan Closed At 6.7784 Against The US Dollar At 16:30 On July 10, Up 151 Points From The Previous Trading Day
Sources Say The Bank Of Japan Plans To Keep Interest Rates Unchanged In July, But Will Maintain Its Policy Guidance And Pledge To Continue Raising Interest Rates
Goldman Sachs Expects The South African Reserve Bank To Keep Interest Rates Unchanged In July, Following Dovish Comments From The Bank
Bitunix Analyst: After BTC Breaks Above $63,000, It Will Aim For $64,000; The Market Is Trading On "controlled Risk," Not The Elimination Of Risk
IEA Monthly Report: OPEC+ Production Is Expected To Increase By 5.3 Million Barrels Per Day In 2027
Ukraine's Attacks Continue To Exert Pressure, Prompting The IEA To Lower Its Forecast For Russian Oil Production
Polish Central Bank Official: If There Is Any, I Think There Will Be At Most One Interest Rate Cut This Year
IEA Warns: Escalation Of U.S.-Iran Conflict Could Threaten Expectations Of An Oil Market Oversupply In 2027
IEA Monthly Report: Global Oil Demand Is Projected To Decline By 1 Million Barrels Per Day In 2026
IEA Monthly Report: Global Oil Supply Is Projected To Be 860,000 Barrels Per Day Lower Than Demand In 2026
IEA Monthly Report: Compared To The Crude Oil Market, Refinery Operations And Product Supply Responded More Slowly To The Reopening Of The Strait Of Hormuz In June, Leading To A Tighter Fuel Market During The Peak Summer Demand Season
The Central Bank Of Turkey Launched A Week-long Auction Of 10 Tons Of Gold-for-lira Sell-swapping Contracts Using Traditional Methods
IEA Monthly Report: We Expect Supply To Increase By 7.5 Million Barrels Per Day And Demand By 2 Million Barrels Per Day In 2027 If Traffic Conditions In The Strait Of Hormuz Improve
IEA Monthly Report: Global Oil Supply Increased By 4.1 Million Barrels Per Day In June As Flow In The Strait Of Hormuz Recovered, But It Is Still 9.4 Million Barrels Per Day Lower Than Pre-war Levels
IEA Monthly Report: Global Oil Supply Is Projected To Increase By 7.5 Million Barrels Per Day In 2027
IEA Monthly Report: Global Production Is About 9.4 Million Barrels Per Day Lower Than Pre-war Levels

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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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