Goldman Sachs Moves Up Fed Rate Cut Expectation Time

On July 1st, according to LookOnChain, a wallet that was just created spent 7,980 SOL (approximately $1.24 million) to acquire 1.08 million Fartcoin at an average price of $1.15 per coin.

On July 1st, as reported by The Block, on Monday. Cathie Wood's Ark Invest disposed of 124,892 shares of Coinbase stock, which was valued at approximately $43.8 million. Coinbase (COIN) closed on Monday with a decline of 0.83% at $350.49. Over the past month, the stock has witnessed a rise of 42.12%, and year-to-date, it has shown an increase of 41.16%.

On July 1st, as monitored by Onchain Lens, the Movement buyback address withdrew 45 million MOVE from Binance, which is approximately equivalent to $7.85 million. The wallet currently holds a total of 168 million MOVE, with a total value of around $28.07 million. However, it is currently at an unrealized loss of approximately $7.77 million.

On July 1st, FTX's Creditor Representative Sunil provided an update on creditor compensation via Platform X. Here are the details: - By February 18, 2025, users with an amount less than $50,000 will be entitled to a 120% compensation ratio. - On May 30, 2025, users with an amount greater than $50,000 will receive a 72.5% compensation, while those with less than $50,000 will get a 120% compensation. - The anticipated future compensation distribution dates are October and December 2026, and 2027. - Users with an amount greater than $50,000 who have already received 72.5% compensation will obtain a 27.5% face value compensation, thereby achieving a total 100% compensation. (Note: Based on the compensation scenario, FTX creditors can anticipate an interest rate of approximately 40-80% after applying for compensation.)

On July 1st, Nate Geraci, who is the President of The ETF Store, posted on X and said, "For 15 consecutive trading days, there have been net capital inflows in the Bitcoin spot ETF, and the net inflows are close to $5 billion."

On July 1st, Trusta.AI officially launched the economic model of the TA token. The total supply of the TA token is 1 billion, and the specific allocation is as follows: 1. Early investors in total obtain 13%, with 9% allocated to seed round investors and 4% to strategic investors. 2. Core contributors receive 21%, with 18% allocated to the team and 3% to advisors. 3. The community, ecosystem, and foundation jointly receive 66%, with 2% allocated to public offerings, 3% to airdrops, 3% to liquidity, 25% to community incentives, 13% to marketing and partnerships, and 20% to the foundation's treasury.