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Gate Research Institute Weekly Report: BTC rose 2.39% this week, reaching 112,000 USDT and setting a new historical high; ETH surged 8.35%. Pump.fun announced the details of its token public sale, which will kick off the first token issuance on July 12, with Gate supporting the public sale of PUMP tokens, with a total subscription amount of 150,000,000,000 PUMP. The Monad Foundation will acquire stablecoin infrastructure developer Portal Labs. UK crypto platform Ziglu is facing financial collapse and has entered special administration.