Today
2025/07/02

Biden delivers his first lengthy speech after being diagnosed with cancer, stating that he continues to receive consultations from European leaders after his resignation.

At the SHRM conference held in San Diego, USA, Biden delivered a lengthy speech for the first time, discussing how his achievements during his term were altered by the Trump administration, and stated that he is still actively involved in political discussions, following the exchanges between the Democratic and Republican parties.
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International oil prices rose on the 2nd.

Jin10 data reported on July 3rd, as of the market close that day, the price of light crude oil futures for August delivery on the New York Mercantile Exchange rose by $2.00, closing at $67.45 per barrel, with a rise of 3.06%; the price of Brent crude oil futures for September delivery rose by $2.00, closing at $69.11 per barrel, with a rise of 2.98%.
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The US dollar index fell on the 2nd.

On July 3, the US dollar index fell slightly by 0.05% to 96.777. Among major currencies, the euro appreciated to 1.1800 USD, the pound depreciated to 1.3636 USD, and the yen, Swiss franc, and Canadian dollar also fell against the US dollar, while the Swedish krona appreciated to 9.5216.
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ETH breaks through 2600 US dollars

Golden Finance reports that the market shows ETH has broken through $2600, currently reported at $2600.62, with a 24-hour rise of 8.24%. The market fluctuation is significant, please ensure proper risk management.
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Mexican bonds rise by 22%, institutions say "the trading is far from over"

Mexican local bonds performed excellently in the first half of the year, with a yield of 22% in 2025, second only to Brazilian bonds. The market bets on interest rate cuts and the resilience of the peso, driving bond yields down, and institutions expect further rebound potential in the future.
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U.S. House Republican member Jim Jordan: Will study FHFA's request to investigate Powell.

Golden Finance reported that U.S. House Republican member Jim Jordan stated: He will investigate FHFA's request to probe Powell.
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An explosion occurred near a gas station in Zhytomyr, Ukraine.

Jin10 reported on July 3 that on July 2 local time, an explosion occurred near a gas station in Zhytomyr city, the capital of Zhytomyr region in Ukraine, with thick smoke rising over the city.
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Bitcoin surpasses Google's parent company Alphabet, returning to the sixth place in the global asset market capitalization ranking.

According to a report by Jinse Finance, the latest data from 8marketcap shows that Bitcoin has surpassed Google's parent company Alphabet, returning to the sixth place in the global asset market capitalization ranking. Currently, Bitcoin's market capitalization has reached $2.179 trillion, with a 24-hour increase of 3.17%, while Google's parent company Alphabet has a market capitalization of about $2.164 trillion, with a 24-hour increase of 1.15%.
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The current funding rates of mainstream CEX and DEX show that the market has basically returned to neutral.

BlockBeats news, on July 3, according to Coinglass data, the current funding rates of mainstream CEX and DEX show that the market has basically returned to neutral, no longer showing a comprehensive Bearish momentum. The specific funding rates of mainstream tokens are shown in the attached chart. BlockBeats note: funding rates are the rates set by crypto assets trading platforms to maintain the balance between contract prices and the prices of the underlying assets, usually applicable to Perptual Futures. It is a mechanism for the exchange of funds between long and short traders, and the trading platform does not charge this fee, which is used to adjust the costs or returns of traders holding contracts to keep the contract prices close to the prices of the underlying assets. When the funding rate is 0.01%, it indicates the Benchmark rate. When the funding rate is greater than 0.01%, it represents a generally bullish market. When the funding rate is less than 0.005%,
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A certain whale address closed position and cut loss on its 10x ETH short order, losing 3.27 million dollars.

According to BlockBeats news on July 3rd, monitoring by Onchain Lens revealed that a certain Whale Address closed its 10x ETH short position, incurring a loss of 3.27 million USD. In the last two ETH transactions, this Whale has lost a total of 6.83 million USD.
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"Insider trader" @qwatio has lost 13.12 million USD in this shorting.

BlockBeats news, on July 3, the "insider trader" known as @qwatio had his short position liquidated again for 41 million USD. This time, he increased the position to 250 million in BTC and ETH short positions, which have now been liquidated down to 160 million USD. It is reported that he used 16.28 million in Margin for this shorting, and now only has 3.16 million USD left. In other words, he has already lost 13.12 million USD due to multiple liquidations.
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The Israeli military claims to have intercepted two "aerial targets" launched from the Gaza Strip.

Jin10 data reported on July 3rd, local time on July 2nd evening, air raid sirens sounded in the southern Israeli city of Sderot. The Israel Defense Forces stated that they are investigating the related incident. Israeli media reported that the alarm was triggered due to the detection of rockets fired from the Gaza Strip towards Sderot. The Israel Defense Forces announced that two "aerial targets" were detected being launched from the Gaza Strip towards Sderot, and the military successfully intercepted them, with no reports of casualties.
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Bitcoin pumps past $109,000! Record high M2 Money Supply may drive BTC to hit historical highs.

Bitcoin (BTC) is showing a rising trend today. As of the time of this report, the trading price of BTC is $109,232, with a 24-hour increase of 3%, strongly moving towards the all-time high (ATH)! This key resistance level has been anticipated by the market for several weeks. However, with the global M2 Money Supply hitting a new historical high, traders' optimism for BTC to soon break records is reigniting.
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Vitalik: If decentralization is just a slogan, Ethereum will face risks.

Ethereum co-founder Vitalik Buterin warned at the EthCC conference that if decentralization is merely a slogan, Ethereum will face a survival crisis. He proposed three core testing standards, emphasizing the need to ensure user asset security and privacy, and cautioned that if true decentralization cannot be achieved, it may fall into the same trap again.
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BounceBit plans to provide tokenization of stock trading to users in Q4.

BlockBeats news, on July 2, BounceBit announced on social media that the platform plans to offer tokenized stock trading to users in the fourth quarter of this year. The official statement indicated that from the first day of listing, BounceBit's tokenized stocks will integrate with DeFi, supporting spot trading, DEX liquidity, collateral in lending protocols, structured yield strategies, and re-staking.
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GMGN Collaboration: Twitter monitoring feature has been restored.

Odaily News GMGN co-founder Haze stated on the X platform that the GMGN Twitter monitoring (tweets, replies, retweets, quotes, profile updates, avatar updates, nickname updates) function has been restored.
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GMGN Alliance: Twitter monitoring feature has been restored.

Odaily News GMGN co-founder Haze stated in a post on the X platform that the GMGN Twitter monitoring (tweets, replies, retweets, quotes, profile updates, avatar updates, nickname updates) function has been restored.
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Besant: The Federal Reserve (FED) may cut interest rates in September or earlier.

U.S. Treasury Secretary Mnuchin stated that the Federal Reserve (FED) may cut interest rates in September or even earlier, as Trump's tariffs have not led to significant inflation. He believes that if the Federal Reserve (FED) adheres to the standard of no inflation from tariffs, it may act sooner. At this time, Trump is increasing pressure on the Federal Reserve (FED), demanding a 3 percentage point rate cut.
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The founder of Bridgewater Capital: The craze for encrypted reserves in publicly listed companies will eventually cool down.

Odaily News Hedging fund SkyBridge Capital founder and managing partner Anthony Scaramucci stated that the recent trend of publicly traded companies adopting crypto assets reserve strategies will eventually fade. Anthony Scaramucci mentioned in a recent interview: "Currently, we are in vogue with this imitation (of incorporating crypto assets) into corporate reserves, and this trend will eventually wane." (Bloomberg)
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Besant: The Federal Reserve (FED) may cut interest rates in September or earlier.

On July 2nd, Jin10 reported that U.S. Treasury Secretary Mnuchin stated on Tuesday evening that he believes the Federal Reserve may lower interest rates in September or "earlier" since, so far, Trump's tariffs have only led to moderate inflation. "I think the standard is that tariffs do not cause inflation. If they are to follow that standard, I think they may take action earlier, but certainly before September," Mnuchin said. "I guess this tariff imbalance syndrome may even occur at the Federal Reserve." Mnuchin made these remarks as Trump intensified pressure on the Federal Reserve and Powell, calling for interest rates to be cut by as much as 3 percentage points.
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Circle fall over 6%, has retracted 31% in the last 7 trading days.

Odaily News The US stock market shows that the leading stablecoin stock Circle has fallen over 6%, retracting 31% in nearly 7 trading days.
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Circle fall超过6%,近7个交易日已回撤31%

Odaily News The US stock market shows that the first stablecoin stock Circle has fallen over 6%, retracting 31% in nearly 7 trading days.
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The "insider trader" @qwatio's 40x BTC short order has once again faced partial liquidation, with the remaining position also on the edge of liquidation.

According to on-chain data analyst Yu Jin's monitoring, the trader known as @qwatio for "insider trading" has once again encountered liquidation, with their short order decreasing from 250 million to 200 million, facing liquidation risk. The current situation shows that the BTC and ETH they hold are both facing significant losses.
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Dongfang Yuhong: The controlling shareholder and actual controller plan to reduce their holdings by no more than 1.94% of the company's shares.

Jin10 reported on July 2 that Dongfang Yuhong announced that the company's controlling shareholder and actual controller Li Weiguo plans to reduce his holdings by no more than 46,382,189 shares, accounting for 1.94% of the company's total equity.
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The Whale @qwatio's short order position after increasing the position was liquidated again for 50 million USD.

Insider Whale @qwatio recently increased the position for shorting, and the short order position was subjected to Forced Liquidation of 50 million USD. Their short order decreased from 250 million USD to 200 million USD, still facing liquidation risk. The specific holdings include 40x leverage shorting 1131 BTC and 25x leverage shorting 33,000 ETH.
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In the past hour, the entire network has seen over 33 million dollars Get Liquidated, mainly from short orders.

Odaily News Coinglass data shows that in the past hour, the total liquidation across the network was 33.2768 million USD, of which long orders accounted for 1.0162 million USD and short orders accounted for 32.266 million USD.
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The annual fee income generated by the BlackRock Bitcoin ETF has surpassed that of its flagship product, the S&P 500 Index ETF.

PANews, July 2nd news, according to Bitcoin News, BlackRock's iShares Bitcoin ETF "IBIT" has currently generated annual management fee revenue that surpasses its flagship product, the S&P 500 Index ETF "IVV". Although IBIT has only been established for 18 months and its Assets Under Management (AUM) is much smaller than IVV (75 billion vs 609 billion), its annual management fee revenue has reached 186 million, exceeding IVV's 183 million.
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Trump: Vietnam will pay a 20% tariff on exports to the U.S.; Vietnam will pay us a 40% transshipment tariff.

Golden Finance reports that U.S. President Trump stated: Vietnam will pay a 20% tariff on exports to the U.S.; Vietnam will pay us a 40% transshipment tariff.
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Data: Robinhood breaks $100, rising over 8%, continuing to set new historical highs.

According to ChainCatcher news and market data, the US stock Robinhood (HOOD) has risen by 8.85%, currently quoted at 100.5 USD, setting a new historical high.
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U.S. President Trump: The "Beautiful Big Deal" is about economic rise.

Golden Finance reports, U.S. President Trump: "The Beautiful Big Plan" is about economic rise. If passed, America will experience an unprecedented economic revival. The deficit will be Halving, and record investments will flow into America—cash, factories, and jobs.
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DeFi Development disclosed details of 112.5 million financing, with some funds used to purchase SOL.

Solana reserve strategy company DeFi Development Corp (DDC) disclosed details of its $112.5 million private sale financing, including $75.6 million for "prepaid forward" equity trades, with the remaining funds used for acquisition of SOL, etc. The convertible note annual interest rate is 5.5%, expected to be completed in July.
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HOOD rise expanded to 7.87%, stock price reached a new historical high

BlockBeats news, on July 2, according to market data, US stock Robinhood (HOOD) has risen by 7.87%, currently priced at 99.6 USD, reaching a new historical high.
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Trump: A trade protocol has been reached with Vietnam

Jin10 reported that U.S. President Trump stated that he has reached a trade agreement with Vietnam, and details will be announced later.
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SOL突破150美元

Golden Finance reports that the market shows SOL has broken through 150 dollars, currently priced at 150.24 dollars, with a 24-hour rise of 1.33%. The market fluctuation is significant, please ensure proper risk control.
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"SOL version of MicroStrategy" DDC announces financing details of 112.5 million.

DeFi Development Corp (DDC) disclosed its private sale financing plan of $112.5 million, primarily for the purchase of SOL tokens. The financing includes $75.6 million in prepaid forward stock trades, with other funds allocated for general corporate purposes. The convertible note's annual Interest Rate is 5.5%, expected to close on July 7.
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Grayscale: In the second half of 2025, encryption assets will benefit from a favorable macro background.

Odaily News Gray Release published a research report for June, which pointed out that the GENIUS Act will bring regulated payment stablecoins to the United States, having passed the Senate with bipartisan support and now heading to the House for approval. Circle has successfully gone public, and it is expected that the increase in regulatory clarity and favorable macro backdrop (huge budget deficits and potentially lower Interest Rates) in the second half of 2025 will continue to support encryption assets.
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Today, 10 American Bitcoin ETFs had a net outflow of 2180 BTC, and 9 Ethereum ETFs had a net outflow of 4162 ETH.

PANews reported on July 2 that today the net outflow of Bitcoin ETF in the United States was 2,180 BTC, with Fidelity being the largest outflow contributor; the Ethereum ETF saw a net outflow of 4,162 ETH, with Fidelity also being the main outflow party.
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Bloomberg analyst: The trading volume reached about 8 million dollars in the first 20 minutes before the listing of the first SOL stake ETF.

ChainCatcher news, Bloomberg analyst James Seyffart posted on the X platform that the first SOL staking exchange-traded fund REX-Osprey SOL + Staking ETF (SSK) had a good opening trading performance, with approximately $8 million in trading volume in the first 20 minutes.
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The social platform "X" encountered a malfunction in the United States, with over 5,500 users reporting issues.

Gate News bot message, according to the monitoring data from the website DownDetector, which tracks network conditions, the social media platform "X" is experiencing technical issues in the United States, with the number of abnormal user reports exceeding 5,500.
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CryptoQuant CEO: The cost of mining Bitcoin for MARA is approximately $51,000.

Golden Finance reported that KiYoungJu, founder and CEO of CryptoQuant, stated on the X platform that Bitcoin mining company MARA is mining Bitcoin at around $51,000, with profits close to 2 times, but they and most miners have hardly sold.
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Glory CFO: The company's listing has entered the second stage, and the progress is going very smoothly.

Jin10 data, July 2nd - At the launch event of the Honor Magic V5 series, Honor's CFO Peng Qiuwen responded to media inquiries regarding the latest progress of Honor's IPO. He stated that the company's listing consists of six stages, and Honor has currently entered the second stage, which is the IPO guidance phase. This phase will last at least three months, and the progress is going smoothly.
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Hamas claims it is studying the newly received Gaza ceasefire protocol draft.

Hamas stated that it is studying the draft ceasefire protocol for Gaza, emphasizing the need to ensure Israel's complete withdrawal and the provision of humanitarian aid. Meanwhile, the Israeli Prime Minister stressed efforts to bring the hostages home and to completely eliminate Hamas.
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Aptos Labs and Yellow Card launch free stablecoin payment services in multiple African countries.

Gate News bot message, Aptos Labs has partnered with the African cryptocurrency trading platform Yellow Card, and has currently launched free instant stablecoin transfer services in 20 countries and regions in Africa. This service enables millions of users to conduct transactions in USDT and other stablecoins supported by Yellow Card. During this collaboration, all
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IoTeX upgrades AI strategy and launches physical smart ecosystem platform

Gate News bot message, Gate News report, IoTeX officially launches an AI strategic upgrade plan, introducing an open source "Physical AI" ecosystem platform. The platform aims to connect hundreds of millions of connected devices worldwide, integrating them with decentralized infrastructure nodes into an AI real-time data engine. The main feature of the platform is decentralization.
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The Russian side expressed willingness to quickly agree on the date for the third round of negotiations with the Ukrainian side.

Jin10 data reported on July 2, citing remarks from Russian Presidential Press Secretary Peskov, that Russia expects to reach an agreement with Ukraine on the date for the third round of negotiations as soon as possible. The report states that Peskov, in response to a journalist's question about the date of the new round of negotiations between Russia and Ukraine, indicated that a specific date has not yet been determined, and both sides are negotiating, "Russia expects to reach an agreement soon."
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Belgian large banks plan to launch Crypto Assets investment services.

According to Gate News bot, local media reports that KBC Bank, a major financial institution in Belgium, plans to offer Bitcoin ( BTC ) and Ethereum ( ETH ) investment services to retail customers through its Bolero online investment platform. According to Cointelegraph, this new service is expected to officially launch after receiving regulatory approval this fall.
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Skybridge Capital Founder: The Trend of Public Companies' Encryption Reserves Will Eventually Fade Away

PANews, July 2 - According to Bloomberg, Anthony Scaramucci, founder and managing partner of hedge fund SkyBridge Capital, stated that the recent trend of publicly listed companies adopting Crypto Assets reserve strategies will eventually fade. Scaramucci said in an interview on Tuesday: "We are currently in vogue with this imitation (of incorporating Crypto Assets into) corporate reserves, and this trend will ultimately diminish."
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The trading volume of the first SOL staking ETF reached approximately $8 million 20 minutes before its listing.

Odaily News Bloomberg analyst James Seyffart posted on the X platform, stating that after the launch of the first SOL stake ETF, the initial trading performance was good, with trading volume reaching about 8 million dollars in the first 20 minutes.
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Jefferies: The UK's fiscal outlook is not very optimistic.

Jefferies International's Chief Economist Mohit Kumar pointed out that the UK government faces tough choices, forecasting economic growth of only 1-1.2% over the next three years, below the OBR's 1.7-1.9%. The fiscal plan may be unrealistic, and tax increases are unlikely to generate the expected revenue, so the government needs to address the fiscal deficit issue reasonably.
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The German asset management company has partnered with Deutsche Bank to launch a euro stablecoin, which has received approval from German regulators.

According to Gate News bot, as reported by Cointelegraph, the stablecoin company AllUnity, established by asset management company DWS in joint venture with Deutsche Bank, has obtained a license from the Federal Financial Supervisory Authority of Germany ( BaFin ), allowing it to issue euro-pegged stablecoin EURAU in compliance with the regulatory framework for crypto asset markets (MiCA). This plan has been in progress for over a year.
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Public company Addentax signs a $1.3 billion term sheet to acquire 12,000 Bitcoins.

Yingxi Group plans to reach a non-binding protocol with an independent Bitcoin holder to acquire up to 12,000 Bitcoins, significantly increasing from the previously discussed 8,000 coins, with a total transaction value of approximately $1.3 billion. If the transaction is completed, it will be settled through the issuance of new shares.
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Yingxi Group has reached a $1.3 billion Bitcoin acquisition protocol.

Gate News bot message, China Yingxi Group has reached an agreement with independent holders to acquire 12,000 Bitcoins. Based on the current market price, the proposed acquisition has a total market capitalization of $1.3 billion. The settlement method for this transaction will be the issuance of new common shares by the company.
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The wealthy elites of Silicon Valley in the United States are establishing a national bank focused on Crypto Assets.

Gate News bot message, the Financial Times reported that several American Silicon Valley billionaires have submitted applications for a chartered banking license, planning to establish a national bank named "Lonely Mountain," primarily serving startups in the Crypto Assets field. According to the application documents released this week, "Gushan" Bank plans to offer traditional banking services.
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Ethereum founder Vitalik discussed the direction of technological development in his speech at EthCC.

Gate News bot message, at the EthCC conference speech, Ethereum co-founder Vitalik expressed his views on the development path of Blockchain technology. He pointed out that the technological development has reached a turning point, "We are at a turning point, where 'space rise' no longer seems to be an obviously good strategy. Today we need to move from '�
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"Non-farm payrolls" exceeded expectations and surprised, the three major US stock indices opened slightly lower.

The Dow Jones fell 0.02%, the S&P 500 index fell 0.08%, and the Nasdaq fell 0.07%. Tesla (TSLA.O) opened up 2.8%, with the company's second-quarter delivery slightly below expectations. Microsoft (MSFT.O) opened down 0.47%, reportedly planning to cut 9,000 employees in its second round of large-scale layoffs.
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Analyst: UK Chancellor may be replaced by a left-leaning successor, triggering a dramatic reaction in the bond market.

Jin10 reported on July 2 that Kathleen Brooks, an analyst at the EU financial broker XTB, stated in a report that the likelihood of political turmoil in the UK is driving up bond yields. The market is digesting the possibility that the Chancellor of the Exchequer could be replaced by a more left-leaning successor, which has unsettled the bond market and revitalized the previously dormant "bond vigilantes."
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Belgravia Hartford continues to expand its BTC reserves, completing the fourth round of purchases.

Gate News bot message, Canadian listed company Belgravia Hartford recently completed its fourth round of Bitcoin purchase plan. The company invested 1 million USD to acquire an additional 9.35295508 Bitcoins, bringing its total Bitcoin holdings to 15.75 BTC. This purchase is part of Belgravia Hartford's strategy to implement its long-term Bitcoin treasury reserve.
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Analyst: The UK's fiscal outlook is concerning, and the limited space for policy adjustment has raised worries among longer.

The UK Chancellor of the Exchequer, Hunt, is facing financial difficulties and is expected to be unable to realize savings from winter subsidies and disability benefits, which may necessitate tax increases. This presents a political challenge for the Labour government and affects market investor sentiment.
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SOL Strategies released the June update: More than 3.7 million SOL have now been delegated to validators.

BlockBeats news, on July 2, "SOL version MicroStrategy" SOL Strategies released the June update. According to its 40-F form submitted to the SEC, the company currently has over 3.7 million SOL delegated to validators (an increase of 163,000 compared to May).
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