Odaily News U.S. President Trump said he has no intention of extending the 90-day tariff suspension on most countries and regions beyond July 9. Once the negotiation deadline he set expires, the government will notify the relevant countries and regions that trade penalties will take effect as scheduled unless an agreement is reached with the United States. He said that letters will be sent to the relevant countries and regions soon before the deadline. Trump said on the Fox News Channel program: "We will evaluate the attitude of various countries and regions towards us: whether they are friendly or unfriendly. For some countries and regions, we don't care, so we just send a high number to them." Trump said in the interview that these letters will state: "Congratulations on being allowed to buy goods from the United States of America, and you must pay a 25% tariff, or a 35%, 50%, or 10% tariff." (Associated Press)

1. Bitcoin's historical return rate in July: 8 times it closed up and 4 times it closed down since 2013; 2. Viewpoint: Promoting the issuance of stablecoins may increase liquidity supply in the short term; 3. JD.com: JD.com CoinChain Technology has not started issuing stablecoins at present; 4. China Asset Management Hong Kong: It is predicted that legal currency will become stablecoins in the future, and there are only a few universal stablecoins in the world; 5. Strategy transferred 7,383 BTC to a new wallet, perhaps to optimize asset custody; 6. Animoca Brands: As a Hong Kong company, it will give priority to local listing; 7. Author of "Rich Dad Poor Dad": The cost of the first purchase of Bitcoin was US$6,000 per coin, and it is expected to rise to US$1 million per coin; 8. The Bank of Korea focuses on the Korean won stablecoin business, and the testing of the CBDC project is suspended; 9. Metaplanet will issue 30 billion yen zero-interest ordinary bonds to increase its holdings of Bitcoin; 10. AlAbraaj, a listed company on the Bahrain Stock Exchange, increased its holdings of 2 Bitcoins, with an average purchase price of approximately US$104,100.

Odaily News According to Onchain Lens, as USELESS hit a record high, the largest holder, crypto KOL Unipcs (@theunipcs), had a floating profit of $5.06 million from the 28.08 million USELESS tokens he held. He originally spent $361,600 to buy these tokens.

Odaily News Huatai Securities Chief Macroeconomist Yi He pointed out that relaxing bank supervision and promoting the issuance of stablecoins may increase the demand for US debt and liquidity supply in the short term, and even smooth out the contradiction between the supply and demand of US debt to a certain extent. However, the short-term demand for "creating" US debt may amplify the long-term risks of US debt. In addition, the "Big and Beautiful" bill is expected to push up the US fiscal deficit by more than $4 trillion in the next decade, exceeding the previous House version. Deutsche Bank has previously pointed out that the bill may vigorously promote the US dollar stablecoin, increase domestic financial repression, put pressure on the Federal Reserve to cut interest rates and significantly weaken the US dollar. (Caixin.com)

Odaily News According to a JD spokesperson’s Weibo post, JD (09618.HK) issued a solemn statement regarding the false information about JD’s stablecoin products and business cooperation: We have recently noticed that some companies have released information about cooperation with JD’s CoinChain, which is false and misleading to the industry and public opinion. Please be careful to identify and be wary of “stock recommendation” scams to avoid property losses. At the same time, we once again remind the public that JD’s CoinChain Technology has not yet started issuing stablecoins, nor has it established any related communities. All information about obtaining JD’s stablecoins is suspected of fraud. (Jinshi)

Odaily News According to The Data Nerd, smart money DwcFR purchased 9.37 million USELESS tokens at $22,000 50 days ago, with an average price of $0.00234. The investor has sold 2.47 million tokens for a profit of $39,000 to recover the initial investment, and currently still holds 6.9 million tokens, worth about $1.33 million.