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US Stock and Cryptocurrency Futures Surge Pre-market, with SharpLink Gaming Up Over 15%

7 hours ago

On July 3rd: During pre-market trading, US stocks related to cryptocurrency showed strong performance. Bit Digital and SharpLink Gaming rose by more than 15%, Circle increased by nearly 2%, and Coinbase and Strategy rose by more than 1%.
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Riot Blockchain's mining output for June was 450 BTC, and the company currently holds 19,273 BTC.

On July 4th, according to The Block, the Bitcoin mining firm Riot Blockchain (RIOT) mined 450 BTC in June, with a value of $49.26 million. This represented a 76% increase compared to the 255 BTC mined in June 2024. However, it was a 12% decrease from the 514 BTC mined in the previous month. The company currently holds 19,273 BTC and sold Bitcoin worth $41.7 million in June.

12 minutes ago

U.S. Treasury Secretary: Will Begin the Selection Process for the New Federal Reserve Chair this Fall

July 4th. U.S. Treasury Secretary Yellen declared that there are a great many excellent candidates for the position of Federal Reserve Chairmanship, and the work regarding this will commence in the autumn. Previously, according to a report on June 25th by The Wall Street Journal, U.S. President Trump is contemplating nominating the next Federal Reserve Chairman in an early manner in order to weaken the current Chairman Powell's influence. Powell still has 11 months left in his term as Federal Reserve Chairman. Sources disclosed that Trump is considering choosing and announcing Powell's successor before September or October. "And Trump's resentment towards Powell may lead him to make the announcement earlier this summer." Trump is considering former Federal Reserve Governor Kevin Warsh and the White House National Economic Council Director Kevin Hassett. In addition, sources revealed that some have suggested Treasury Secretary Yellen as a potential candidate; other competitors include

12 minutes ago

U.S. Treasury Secretary Yellen: If the Fed does not cut interest rates at this meeting, perhaps the cut in September will be larger

On July 4th, U.S. Treasury Secretary Yellen declared that we are currently at an extremely high level of real interest rates. If the Fed does not reduce rates during this meeting, perhaps the rate cut in September will be more significant. (Xinhua Finance)

12 minutes ago

Distinct Possibility Studios has completed a $30.5 million funding round, with Bitkraft Ventures and Brevan Howard Digital co-leading the investment.

On July 4th, according to The Block, the Web3 game studio Distinct Possibility Studios has successfully completed a funding round worth $30.5 million. Bitkraft Ventures and Brevan Howard Digital took the lead in this round, and the Tezos Foundation, Hashed, Delphi Ventures, Shima Capital, North Island Ventures, and Decasonic also participated. This game studio was founded by the co-creator of EverQuest, John Smedley. The funds will be used to support the development and launch of its AAA shooter game Reaper Actual, which is anticipated to be available on Steam and the Epic Games Store.

12 minutes ago

Circle has minted an additional 250 million USDC on the Solana blockchain.

On July 3rd, according to on-chain data, Circle minted 2.5 billion USDC on the Solana blockchain 3 minutes ago.

12 minutes ago

MARA: Bitcoin Holdings Reach 50,000 Coins, End-of-Year Hash Rate Target Increased to 75 EH/s

On July 3rd, the publicly traded Bitcoin mining company MARA announced that it currently has 50,000 BTC in its treasury. With a current hash rate exceeding 57 EH/s, MARA intends to reach a hash rate of 75 EH/s by the end of the year.

12 minutes ago