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Trump first notified trade partners of unilateral tariff rates on Friday

4 hours ago

On July 4th, Trump declared that the earliest the United States could commence sending letters to trading partners with unilaterally determined tariff rates would be Friday (local time 4th), and July 9th serves as the deadline for negotiations. Trump stated on Thursday in local time, "We might start dispatching some letters. Probably starting tomorrow, perhaps we will send 10 letters to different countries each day, notifying them of the tariffs they are required to pay for trading with the United States." Trump said on Tuesday that he is not contemplating postponing next week's deadline. When inquired whether negotiations could be extended, U.S. Treasury Secretary Benet earlier on Thursday mentioned that Trump would make the ultimate decision. (FX678)
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WEEX Spot will be listed on F360 and RET.

On July 4th, WEEX made an announcement stating that the platform is on the verge of launching the FENIX360 token (F360) and the RET&BLOKI (RET) spot trading. Additionally, the WEEX spot has recently listed the Impossible Cloud Network (ICNT), Humanity Protocol (H), and Sahara AI (SAHARA). FENIX360 is an artist-centric multi-type social media platform aimed at assisting independent artists in turning their creativity into reality. It enables artists to construct and manage their mobile applications, communicate directly with their fans, and generate revenue through advertising, merchandise sales, live streaming, and other channels. RET&BLOKI is a meme and community-driven ecosystem that integrates NFTs, gaming, and Telegram-payable functionalities. The $RET is the utility token of its ecosystem, supporting staking, in-game usage, governance, and payments within the mini-app.

10 minutes ago

Multiple Bitcoin Mining Firms Experience Output Drop in June Due to Texas Power Event

On July 4th, as reported by Cointelegraph, several Bitcoin mining companies stated a decline in Bitcoin production during June. This was mainly due to power restrictions in Texas. The Electric Reliability Council of Texas (ERCOT) launched the 4CP (Four Coincident Peak) program. The purpose of this program is to optimize power distribution and reduce system costs by managing peak demand on the grid during four crucial summer months, namely June, July, August, and September. Riot Platforms mined 450 bitcoins in June, which was a 12% decrease compared to 514 in May. In June, Riot sold 397 BTC and generated a profit of $41.7 million. Currently, it holds 19,273 bitcoins. Cipher Mining mined 160 bitcoins in June and sold 58, with 1,063 bitcoins in its possession. MARA Holdings saw a 25% decrease in production in June, mining 211 bitcoins, which was lower than the 282 in May. As of the end of June, MARA holds 49,940 bitcoins and did not sell any during the month. Meanwhile, CleanSpark experi

10 minutes ago

Upbit 24-hour Trading Volume Ranking: XRP, BTC, and MOODENG Take Top Three Spots

On July 4th, according to CoinGecko data, in the past 24 hours, Upbit's trading volume reached 1.6 billion U.S. dollars. The XRP/KRW trading pair accounted for 13.1% of the volume and ranked first in the Korean won market. The remaining top five are: BTC, MOODENG, ETH, HP.

10 minutes ago

The prediction on Polymarket of "Musk creating a new political party by the end of this year" is currently at 42%.

On July 4th, based on the data from official websites, the probability on Polymarket for predicting "Musk will establish a new political party by the end of this year" is reported to be 42%; on Kalshi, the probability of predicting "Musk will create a new political party within this year" is currently 35%. Musk stated on July 1st that if the "Beautiful Bill" is passed, he will set up a new political party in the United States the following day. Trump's "Beautiful Bill" was passed by the House of Representatives this morning and is scheduled to be signed at 5 am on Saturday. In addition, Musk launched a poll on social media on June 6th: "Is it the right time to create a new political party in the United States that truly represents the middle 80% group?" The poll results showed that 5,630,775 users participated, and 80.4% of the users chose to support.

10 minutes ago

A-share and H-share Concept Stocks of Digital Currency and Stablecoin Lead the Way in Gains, with Guotai Junan International Surging Over 19%

On July 4th, based on market data, today A-share and Hong Kong stock concept stocks related to digital currency and stablecoins have witnessed significant gains. These include: Guotai Junan International (01788.HK) surged by more than 19% after officially obtaining approval to provide cryptocurrency and other virtual asset trading services. Dianrong Plus (02586.HK) surged by more than 18.49% following yesterday's announcement of preparing to apply for a Hong Kong stablecoin license. Huaxing Capital Holdings (01911.HK) surged by more than 6% as it plans to invest $100 million to develop Web3 business and invest in crypto assets. Victory Securities (08540.HK) surged by more than 5.8% after announcing earlier that it had received two virtual asset business approvals from the Hong Kong SFC. Jingbeifang (002987.SZ) hit the 10% daily limit up. Huafon Microfiber (300180.SZ) surged by 4.11%. Lakala (300773.SZ) surged by 3.22%. Sifang Jingchuang (300468.SZ) surged by 6.36%.

10 minutes ago

Market News: JD and Ant Group Propose PBOC Approve RMB-Based Stablecoin

July 4th. According to Sina Finance, it was reported that JD.com and Ant Group are proposing to the central bank to obtain approval for a RMB-backed stablecoin. In a closed-door discussion with the People's Bank of China, JD.com stated that there is an urgent need to utilize offshore RMB stablecoins as a tool to promote the internationalization of the RMB. Sources also mentioned that Ant Group is preparing to apply for stablecoin licenses in Hong Kong and Singapore and is making preparations for offshore RMB stablecoins.

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