Bitcoin briefly fell below $78,000.

According to GMGN market data, Venice (VVV) has hit an all-time high market capitalization of over $2.7 billion, with a 24.69% 1-hour price increase, and is currently trading at $23.89. Per a July 1 report, Venice AI completed a $65 million Series A funding round led by Dragonfly Capital.

According to GMGN data, the BSC-based coin-stock BNC4 has fallen 27.07% in the past hour, trading at $5.3. Per BIT (bit.com) market data, US stock BNC is now priced at $4.72. The premium of the coin-stock over its underlying stock has narrowed sharply. Note: 4Stock originated from the "stock meme" narrative launched by Four.meme. It first rolls out 4Stock underlying assets linked to stock assets, then allows the community to issue meme coins using these assets as the pool. BNC4 is the first 4Stock coin-stock, pegged 1:1 to the BNC stock of the corresponding BNB Treasury Company, with the meme coin "4Stock" tied to the BNC4 pool. BlockBeats reminds users that most meme coins lack practical use cases, are highly volatile, and investors should exercise caution.

According to Lookonchain's monitoring, roughly an hour ago, an Ethereum OG whale sold 11,023 ETH via Wintermute, valued at approximately $27.23 million.

Bloomberg reports that network chipmaker Celero Communications has closed a $275 million funding round, lifting its valuation to over $3 billion. The company is benefiting from growing market demand for boosting the operational efficiency of AI data centers. The funding round is scheduled to be announced on Tuesday, with joint lead investors including Atreides Management, Valor Equity Partners, and CapitalG, the venture capital arm of Alphabet. Gavin Baker, managing partner and chief investment officer at Atreides, will join Celero’s board of directors. Founded two years ago, Celero develops coherent digital signal processors designed to accelerate data transmission for AI systems via fiber optics. Its products connect both adjacent data centers and different racks within the same data center, enabling more AI chips to be linked together to form larger-scale computing clusters.

According to market data from BIT (bit.com), Corning Inc. (GLW) rose over 7.5%, hitting a session high of $166, its highest intraday level since August 17. Telecom operator Verizon Communications Inc. (VZ) saw its gain rebound to over 0.8%. Corning has signed a multi-billion dollar high-density fiber supply agreement with Verizon, with a contract term running from 2027 to 2032.

The Kremlin announced that Russian President Vladimir Putin and US President Donald Trump held a one-hour phone call. US President Trump focused on efforts to end the Ukraine conflict as soon as possible. Both leaders evaluated the visit of the US special envoy. Russia has no hostile plans toward Europe. Putin supports restoring US-Russia relations. The two discussed prisoner exchange. Putin also told Trump what measures the US could take to end the conflict faster, and provided Russia’s assessment of the battlefield situation to Trump.