Odaily News An EU spokesman said, "The EU has made good progress in negotiations with the United States on an agreement in principle. The EU will continue to advance US tariff trade negotiations before the July 9 deadline, and our goal remains to reach an agreement before July 9." (Jinshi)

Odaily News The official interface shows that Binance Alpha has launched Palio AI (PAL).

Odaily News According to monitoring by on-chain analyst Ai Yi, the total number of ETH deposited into the exchange by the address of Arthapala, a suspected staking and verification service provider, has reached 57,119, with a total value of over US$147 million; in the past 2 hours, another 2,940 ETH (about US$29.4 million) was deposited into #HTX.

Odaily News According to Hong Kong Stock Exchange documents, BlackRock's shareholding in Bank of China (03988.HK) increased from 5.99% to 6.46% on July 1.

Odaily News According to official news, Binance announced that the latest "Real-time Smart Money" function has been launched, supporting: 1. Tracking top contract traders; 2. Viewing their operations in real time; 3. You can also share your own real-time trading simultaneously and compete on the leaderboard.

Odaily News Although the US government calls its fiscal plan "a grand and beautiful bill", Lombard Odier finds it difficult to see anything to be optimistic about. The agency believes that this budget has little boosting effect on the macroeconomic level, but may further worsen the fiscal outlook. Strategic analyst Filippo Pallotti pointed out that the bill is expected to expand the federal deficit by about $4 trillion over the next decade; if the tax cuts are made permanent, the deficit may be even higher. Although tariff revenue can ease fiscal pressure to some extent, the ratio of public debt to GDP is still expected to climb to 119% around 2034. Most tax cuts are unlikely to significantly boost consumption, and the largest spending cuts will be concentrated in the areas of medical insurance and food subsidies. In view of this budget (Jinshi)