Binance Alpha's daily trading volume continues to decrease, dropping to $448 million yesterday.
On July 1st, according to the @pandajackson42 data panel, the trading volume of Binance Alpha on June 30th was $448.19 million. The daily trading volume has been continuously declining since June 8th. Among them, BR had a trading volume of $307 million, KOGE had a trading volume of $24.86 million, and SERAPH had a trading volume of $21.18 million, ranking at the top.
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Amid Trump's Renewed Pressure on the Fed, Powell's Speech Tonight Takes Center Stage
July 1st: The Federal Reserve Chairman Powell is scheduled to deliver a speech at the ECB Forum on Central Banking on Tuesday. In the meantime, the White House is intensifying its efforts to formulate a plan to replace Powell, and the internal divisions within the Fed are becoming increasingly difficult to overlook.
US Treasury Secretary Yellen stated on Monday that someone might be in place to succeed Powell when his term comes to an end. She also mentioned that the US government may nominate someone to fill a crucial Fed Board seat that will be vacant in January of next year, and this individual may potentially take over as the chair subsequently. Shortly after Yellen's remarks, Trump intensified his attacks on Powell and the Fed, accusing them of maintaining interest rates too high, resulting in the US losing "trillions of dollars," and stating that the Fed "should be ashamed of themselves."
Meanwhile, the internal divisions within the Fed are expanding. Two officials appointed by
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CME FedWatch: Probability of Interest Rate Unchanged in July is 79.8%
On July 1st, based on CME's "FedWatch" data, the likelihood that the Fed will leave interest rates unchanged in July is 79.8%, while the probability of a 25-basis-point rate cut is 20.2%.
There is a 5.3% probability that the Fed will maintain interest rates unchanged in September. The cumulative probability of a 25-basis-point rate cut is 75.9%, and the cumulative probability of a 50-basis-point rate cut is 18.8%.
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J.P. Morgan: Federal Reserve Unlikely to Cut Interest Rates in the Near Term
On July 1st, Morgan Stanley analysts stated in a research report that the probability of the Fed cutting interest rates at the next two meetings is still relatively low. The market's probability of a rate cut in July has gone up from 8% to 20%, and the probability of a cut in September has risen from 60% to 90%.
However, the analysts pointed out that most Fed officials support Powell's cautious attitude and are not likely to quickly switch to supporting a rate cut. The analysts anticipate that the upcoming jobs report will be relatively strong, indicating a slowdown in growth but no signs of a serious setback that would prompt the Fed to take more prompt action.
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Trump Family-Linked Mining Firm American Bitcoin Raises $220 Million for Bitcoin Purchase and Mining Equipment
July 1st - According to Bloomberg, a cryptocurrency firm linked to the family of US President Donald Trump managed to raise $220 million. This information was stated in a filing submitted on Monday. The raised funds will be utilized to purchase Bitcoin and digital asset mining equipment.
The company, named American Bitcoin, has Eric Trump, Trump's son, among its supporters. According to the filing by the company's major shareholder, Hut 8 Corp., American Bitcoin issued new shares to private investors last Friday. Approximately $10 million worth of shares were sold in Bitcoin instead of US dollars.
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ShieldWall: In June, there were 15 significant crypto hacking incidents, with a total loss of $1.116 billion
On July 1st, according to PeckShield's monitoring, there were around 15 significant cryptocurrency hacking incidents in June 2025. The total loss amounted to 111.6 million US dollars, which was a 56% decrease compared to May.
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