ZachXBT clarified that it has not issued any Meme coins and donated approximately $41,000 to aid Venezuela after the earthquake.
Related
Newsom signs California ban on public officials issuing memecoins
The law also restricts crypto companies from offering certain memecoins tied to public officials to California residents and takes effect for tokens issued from Jan. 1, 2027.
Hyperscale Data increased its holdings by 51 bitcoins, bringing its total holdings to approximately 900 bitcoins.
According to PRNewswire, Hyperscale Data, a US-listed AI data center company with Bitcoin as its core holding, announced that its subsidiary ACG purchased 115.9205 Bitcoins on the open market between June 30 and July 6. As of now, its total Bitcoin holdings have reached approximately 900 Bitcoins. As of July 6, 2026, the company's total holdings of Bitcoin, cash, restricted cash, and silver assets are valued at approximately $111.4 million.
CZ liked a tweet about donating MEME coin TCC, briefly pushing TCC's market capitalization above $72 million.
BlockBeats reported on July 6th that crypto community user ddotaek posted that he had switched from the Solana chain's MEME coin market, where he had been repeatedly scammed, to the BNB chain. He believes the BNB ecosystem "truly supports builders and long-term projects," citing advantages such as "no rugs, no Sybil manipulation, and a clean launch (I have verified the pre-launch situation)." He also mentioned that the project team @TCryptochicks donated 10 million TCC tokens to GiggleAcademy (an educational charity project founded by CZ). CZ subsequently replied and liked the tweet, boosting market sentiment and briefly pushing TCC's market capitalization above $72 million before it has since fallen back to around $54 million. Previously, the "Giggle" token received public approval and a share from CZ in September 2025 through a donation to GiggleAcademy, causing its market value to surge to over $100 million. CZ himself stated that "this completely changed my view on MEME coins." However, he subsequently clarified multiple times that the tokens were not officially issued by GiggleAcademy, warning holders to be wary of subsequent selling pressure. BlockBeats reminds users: Most MEME coins lack real-world use cases and experience significant price volatility. Please protect your assets and avoid FOMO (Fear of Missing Out).
CZ responded with a riddle-like image, causing multiple "CZ" concept MEME coins on the BSC chain to surge in price.
According to BlockBeats, on July 5th, crypto blogger @TCryptochicks posted a series of "riddle" images, which Binance founder CZ subsequently retweeted and replied with "Water (drop) your BNB wallet," reigniting market speculation on the celebrity-backed MEME coin. As a result, several MEME coins on the BSC chain jumped on the bandwagon, seemingly riding the "CZ" hype, experiencing significant price surges in a short period. Among them: * CZ (The Final Form Bull) briefly surpassed $41 million in market capitalization, before falling back to $29.82 million, with a 24-hour trading volume of $28 million, representing a 182-fold increase in 24 hours; * CZ (The Bull) briefly surpassed $11 million in market capitalization, before falling back to $3.88 million, with a 24-hour trading volume of $6.1 million, representing a 24-fold increase in 24 hours. The market interprets this as some funds attempting to replicate the "Ansem effect" seen on the Solana chain, a speculative pattern where topics related to well-known KOLs/celebrities trigger surges in the price of tokens with the same or similar names, such as MEME. CZ has previously indirectly boosted the price of BSC MEME through social media interactions (such as his dog "Broccoli," the number "4," and the book title "Binance Life"), but he has repeatedly clarified that "his tweets do not constitute an endorsement." Related tokens have previously experienced rapid price increases followed by sharp declines. Investors should be wary of high volatility and the risk of being scammed.
California Bans Public Officials From Issuing Meme Coins Under New Newsom Law
Governor Gavin Newsom’s legislation bars public officials from issuing meme coins and exchanges from listing tokens tied to politicians.
Singapore weighs recognizing some foreign-issued stablecoins
Singapore is considering allowing jointly issued cross-border stablecoins into its regulatory regime, revisiting its earlier decision to restrict the framework to domestic issuance.