TheDocumentaryOf300UTurning

U.S. national debt reached $39 trillion on July 5, with annual interest payments reaching $1 trillion, according to BlockBeats. As reported by BlockBeats, U.S. national debt reached about $39 trillion on July 5, with annual interest expenditure of about $1 trillion, exceeding the defense budget. The current debt-to-GDP ratio is about 100%. According to the Wharton School’s Penn budget model, when the debt-to-GDP ratio exceeds about 210%, the fiscal system faces unsustainable risk. The U.S. Congressional Budget Office estimates this ratio could rise to 175% by 2056. #gStocks代币化股票上线

Revolut will delist USDT by the end of August due to tighter EU compliance
Revolut announced it will delist USDT by the end of August, marking tighter cryptocurrency compliance requirements across Europe. #gStocks代币化股票上线

JPMorgan Warns AI Capital Expenditure Growth Will Plunge from 100% in 2026 to 22% in 2027. According to JPMorgan's latest "Flows & Liquidity" report, the growth rate of AI computing capital expenditures by U.S. tech giants will sharply drop from 100% in 2026 to 22% in 2027, signaling a potential industry correction. The report cites Bloomberg consensus expectations, forecasting that the total capital expenditures of Google, Amazon, Meta, Microsoft, and Oracle will reach $758.1 billion in 2026 (up 100% year-over-year), then slow to $925 billion in 2027 (only 22% growth), and further decline to

US-Iran talks will be held on July 11 in Pakistan. According to Saudi media Al-Hadath and Arab satellite TV reports, the United States and Iran will hold negotiations on July 11 in Pakistan. #gStocks代币化股票上线

SpaceX rose 2.8% to $162 as Daiwa initiated coverage on July 2 with a target price of $175. According to Barron's, SpaceX rose 2.8% to $162 on Thursday (July 2), shrugging off cautious notes from two new Wall Street research reports. The S&P 500 was flat, the Nasdaq fell; the Dow rose 1.1%. Daiwa Securities analyst Jonathan Kees initiated coverage with a Hold rating and a $175 target price, valuing the company at approximately $2.4 trillion. Kees noted that SpaceX is a leader in launch services, Starlink satellite communications, and xAI data center operations, generating billions in revenue,

Kalshi and Polymarket June trading volume surged 75% to $44.8 billion, driven by World Cup betting. According to The Block, prediction market platforms Kalshi and Polymarket saw total trading volume reach $44.8 billion in June, a 75% increase month-over-month from $25.66 billion in May. Kalshi led with $31.5 billion in June trading volume, up 87.4%; Polymarket's main platform recorded $10.26 billion (up 45%), while Polymarket US reached $3.04 billion. This surge was mainly driven by the 2026 FIFA World Cup, which kicked off on June 11. Kalshi's World Cup champion prediction market has attracte

Bank of Japan Officials Support Gradual Interest Rate Hikes Between Summer 2026 and Summer 2027 According to BlockBeats, a Bank of Japan policy official on July 2 expressed support for gradual interest rate hikes to bolster the yen and avoid negative impacts on domestic investment. The BOJ may continue raising rates from the end of 2026 to the summer of 2027, followed by a pause and assessment phase to balance inflation pressures with economic stability. #Gate股票转仓功能上线

The RMB exchange rate against the USD rose to 6.8067, the highest since February 2023. According to the China Foreign Exchange Trade System, the central parity rate of the RMB against the USD stood at 6.8067 yesterday, up 42 basis points from the previous trading day, marking the highest level since February 10, 2023. #Gate完成141只股票股息派发

Estonia-based Coinmetro files for bankruptcy restructuring, suspends withdrawals from June 22 According to Protos, Coinmetro, a cryptocurrency exchange headquartered in Estonia, has announced that it has filed for bankruptcy restructuring with the local court and has suspended user registration, deposits, and withdrawals from June 22. CEO Kevin Murcko attributed this to "special circumstances" triggered by the failure of a financial service provider, with a potential funding gap now significantly impacting the company's balance sheet. Murcko revealed that although the provider failed several y

The cryptocurrency market raised $898 million in June 2026, when the funding trend was declining.
According to RootData data compiled by ChainCatcher, 42 financing and M&A events were disclosed in the crypto primary market in June 2026, with total fundraising reaching $898 million, down 60.5% month-over-month and 67.3% year-over-year. There were also 175M&A transactions worth $305 million. Infrastructure and DeFi led the way, with DeFi completing 18 deals totaling $330 million, while infrastructure secured $453 million through 13 deals.
The top three projects in fundraising were Digital As

SpaceX surged 4.1% to $170.86, Tesla rose 2.1%, both stocks moving in sync for the fifth consecutive day.According to Barron's, SpaceX rose 4.1% to $170.86 on Tuesday (June 30), Tesla rose 2.1% to $420.60, marking the fifth consecutive synchronized trading day.In the previous four trading days, SpaceX gained 5.2%, Tesla climbed 7.9%, and the two stocks exhibited identical up-and-down patterns.This synchronized trend reflects the common characteristics of the two companies: both are AI-centric tech companies under CEO Elon Musk, with a large and loyal base of retail investors.#Strategy拟回购股票

Michael Burry shorted Caterpillar for the first time at $1060.98, and also shorted Nvidia and Tesla. According to Michael Burry on July 1, the investor known for shorting the U.S. housing market shorted Caterpillar at $1060.98, calling the equipment maker an overvalued beneficiary of the AI investment frenzy. Burry also shorted Nvidia, Applied Materials, Tesla, and the iShares Semiconductor ETF (SOXX). Caterpillar's stock rose 86% in the first half of 2026, hitting an all-time high, as investors viewed it as a representative of global AI infrastructure construction. Burry noted that the stock'

Jim Cramer: AI Trading Logic Has Changed; Chipmakers Like Micron and Intel Benefit From a Massive Spending Cycle. On July 1, Jim Cramer said that the pricing logic for AI trading on Wall Street has shifted— the market now rewards technology suppliers rather than the companies that bear the costs of AI investment. Cramer noted that the “Magnificent Seven” stocks saw their market value shrink by $2.3 trillion in June, as investors questioned whether massive spending on AI data centers can generate enough profit and free cash flow. He said that memory chip makers Micron, SanDisk, Intel, Marvell T

Dylan Patel predicts the AI inference market could surpass oil, with OpenAI+Anthropic needing 100GW by 2030. According to SemiAnalysis founder Dylan Patel in a Sequoia Capital podcast interview on July 1, AI inference will become one of the largest global markets, potentially surpassing oil and accounting for several percentage points of global GDP. Patel predicts that by 2030, the combined computing power demand of just OpenAI and Anthropic will exceed 100 gigawatts, and power constraints may persist in the long term as task capabilities expand faster than computing growth. SemiAnalysis team'

Bank of America warns S&P 500 may face three-wave correction to 6,850 points, dropping 7.9% this summer. According to Bank of America technical strategist Paul Ciana, the S&P 500 index may face a potential three-wave pullback that could drop the index by 7.9% from Monday's close of 7,440.43 to 6,850. Ciana noted that the index has risen nearly 17% since its March low but has shown signs of weakness since its June 2 peak. He advised investors to adopt a defensive strategy from July to September, citing rising correction risk and weakening technical momentum. Key support levels are at 7,200, 7,0

Cambricon breaks through a market cap of 1 trillion yuan, becoming the first STAR Market stock to reach this milestone. Cambricon’s market cap surpassed 1 trillion yuan (about $139.0 billion) on June 30, the first time since the STAR Market opened in 2019 that a STAR Market company has reached this valuation milestone. The AI chipmaker’s share price rose 7.66% to close at 1595.55 yuan, with an intraday gain of up to 8%. Cambricon currently ranks as the ninth-largest listed company in China’s A-share market by market cap, and leads among all STAR Market companies. Over the past 11 months, Cambr

The Dow Jones Industrial Average touched 52,000 points for the first time, U.S. stocks rallied on Monday, with the S&P 500 up 1.2% and the Nasdaq up 2.1%. According to MarketWatch, U.S. stock indexes rallied on Monday (June 29) following a weekend of geopolitical tensions, with the Dow Jones Industrial Average touching 52,000 points for the first time. The S&P 500 rose 1.2%, and the Nasdaq Composite rose 2.1%, both ending a five-day losing streak. After a retaliatory strike on the Strait of Hormuz over the weekend, President Donald Trump signaled readiness for peace talks with Iran, easing mar

USDC Treasury mints 250 million USDC on Solana on June 30
According to PANews, at 19:35 UTC on June 30, on-chain data shows that the USDC Treasury minted 250 million USDC on the Solana network. This minting is equivalent to adding approximately $250 million worth of USDC supply to the Solana ecosystem.
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SYN surged 67% to $0.68 in 24 hours, up 14 times in 30 days. According to BlockBeats, on June 30, SYN rose 67% to $0.68 in 24 hours, with a market cap of $152 million and a 30-day return of 14 times. On-chain data shows that Arthur Hayes purchased 6.16 million SYN tokens through FlowDesk, worth approximately $2.2 million.