Odaily News NatAlliance Securities analyst Andy Brenner wrote that a recent string of weak labor market data could bring the Fed closer to a shift to an easing policy stance. But this week may still be too early. "We still think Powell is close to an inflection point, which may have to wait until July," Brenner wrote before the Fed's June meeting. "In our view, the employment situation remains very shaky, the employment data is questionable, and a major revision is in the works... But just as Washington has done for years on budget issues, the Fed may just drag the problem out for another month." (Jin Shi)

Odaily News Conflux founder Long Fan recently revealed in an interview with Xinmin Weekly that he spent $1,000 to buy 100 bitcoins when he was a doctoral student at MIT, but later sold them at $50 each. Now that the price of bitcoin has exceeded $100,000, he still does not have 100 bitcoins. (Toutiao)

Odaily News According to official news, Binance Alpha updates the transaction fee rates for trading pairs. Binance regularly reviews its products and services to provide users with the best value and most competitive services, and adjusts fees regardless of token.

Odaily News Entertainment company SRM Entertainment, Inc. announced that it has signed a securities purchase agreement ("SPA") with a private investor to raise $100 million. SRM will use this money to launch the TRON token (TRX) treasury strategy. In addition, Sun Yuchen, founder of the TRON blockchain, has been appointed as a consultant to the company. The company also plans to change its name to Tron Inc. It is reported that if all warrants are exercised, the value of this strategic investment will reach $210 million. (Globenewswire)

Odaily News Bitfinex Alpha reports: Bitcoin (last week) showed a strong rebound at the beginning of the week, rising 4.7% from the weekly opening price and briefly retesting the previous record high of $109,590. However, optimism was quickly replaced by risk aversion after Israel's unexpected attack on Iran on June 13 triggered a global market crash. Bitcoin gave up most of its early gains, falling 7.33%, and closed lower this week as rising oil prices and macro uncertainty weighed heavily on investor sentiment, highlighting that even strong trends can quickly derail due to external shocks, especially when the market is hot. Beneath the surface, traders' behavior reveals growing pressure. Bitcoin net buying volume plummeted to -$197 million (see figure below), the lowest level since June 6, indicating that sellers have taken control of the market and aggressively sold BTC at market prices. However, this sell-off, coupled with a surge in liquidation volume, resembles past capitulation sell-offs - such sell-offs often mark local market bottoms. If Bitcoin can hold the $102,000 to $103,000 range, it could be a sign that selling pressure is being absorbed and the market could be ready for a recovery — assuming geopolitical risks don’t intensify further.

Odaily News The Trump Organization has launched a private-label mobile phone network called Trump Mobile, marking a new effort by the Trump Organization to win over conservative consumers, positioning itself as an alternative to large telecom operators. The Trump family, long known for its real estate empire, luxury hotels and golf resorts, has in recent years moved into new areas such as digital media and cryptocurrency. The Trump Organization said before the presidential inauguration that control of the company would be transferred to Trump's children, similar to the arrangement during his first term, though concerns about potential conflicts of interest remain. The company is the main holding entity for most of Trump's business ventures. The Trump Organization said Monday that its new mobile joint venture will set up call centers in the United States and manufacture phones in the United States. Today, the Trump Organization also launched the $499 T1 smartphone, which will be available in September. The official website shows that the phone's operating system is Android 15. (Jinshi)