Bhutanese King Meets Binance CEO, Bhutan Among Top Three Bitcoin Holding Countries Globally

On July 1st, based on market data, the opening of the US stock market witnessed mixed trends in cryptocurrency-related stocks. These include: Circle declined by 2.7%; Coinbase dropped by 2.8%; MicroStrategy decreased by 3.9%; Trump Media & Technology Group went down by 2.61%; NIP Group (NIPG) surged by over 9%, announcing today its entry into the Bitcoin mining field; ECD Automotive Design Company (ECDA) surged by over 9.8%, having previously received a $500 million equity financing to establish a Bitcoin reserve; Robinhood (HOOD) surged by over 4%, having previously announced the launch of a tokenized stock product based on Arbitrum and the construction of an RWA-specific Layer 2 network; Ophthalmic biopharmaceutical company Eyenovia (EYEN) surged by over 5.2%, having previously announced a $50 million investment to launch the Hyperliquid (HYPE) treasury reserve strategy; Bitmine Immersion (BMNR) expanded its gains to 70%, having previously announced the completion of a $250 million l

On July 1st, based on market information, Tesla's stock price experienced a 7.3% decline at the opening of the U.S. stock market, marking the largest single-day drop since June 5th. Today, Trump stated that Musk was discontented due to the loss of the electric vehicle mandate. However, "he may lose even more than that." When asked whether Musk should be expelled, Trump said, "It is something that we need to think about carefully."

On July 1st, the world's first Web3.0 AI-Agent and the creator and fan economy ecosystem community MEET48 focusing on the entertainment field announced the flash report results of the 1st Web3.0 Global Idol Annual Popularity Contest (The 1st Web3.0 All-Community Annual Idol Popularity Audition & Ceremony, abbreviated as WIPA). As of the WIPA flash report, a total of 16,929,803 IDOLs have been consumed, accounting for 0.35% of the total IDOL supply, setting a historical record in the Web3 entertainment field. According to an official announcement from MEET48, it is expected that the estimated IDOL consumption at the time of the final WIPA results announcement will reach 2.33% of the total IDOL supply. According to DappRadar data, MEET48's activity Dapp has achieved 66,540 on-chain transactions and 65,390 active user addresses (UAW) in the past 7 days. Prior to this, MEET48 announced the completion of a token financing round and received investments from many professional institutions

On July 1st, based on market data, the US stock market opened with the Dow Jones decreasing by 0.15%, the S&P 500 declining by 0.30%, and the Nasdaq falling by 0.39%.

On July 1st, on the same day, President Trump of the US stated that he is willing to postpone the deadline for the "Beautiful Act" and promised that the spending cuts would not be "too extreme." Previously, Trump intended to pass this tax and spending bill by July 4th, but he found it difficult to achieve, so it may be passed around July 4th. When asked if some proposed amendments were too radical, Trump said that he did not want to be "too crazy" in cutting spending as this is a large-scale bill. Although smaller bills are easier to pass, he believes the effect will not be as good. (CCTV)

July 1st: According to Bloomberg, Intesa Sanpaolo, which is Italy's largest bank, is going to offer a structured product that is linked to a Bitcoin spot ETF under BlackRock's iShares for its professional clients. The bank intends to issue a five-year investment certificate denominated in US dollars and linked to the Bitcoin spot ETF. This certificate will offer 100% capital protection upon maturity, as stated in the memorandum. The memorandum indicates that the maximum return cap of the ETF is 85% of its performance, and the minimum investment threshold is $25,000.