Today's key news in the cryptocurrency market, not constituting market analysis. For market analysis, please pay attention to Aleng's analysis this afternoon.

1. The U.S. unemployment rate for June will be announced today, previous value 4.20%
2. The U.S. seasonally adjusted non-farm payrolls (in ten thousand) for June will be announced today, previous value 13.9
3. The number of initial jobless claims in the U.S. for the week ending June 28 (in ten thousand) will be announced today, previous value 23.6


Macro & Hot Topics


1. The SEC suspends Grayscale's crypto ETF conversion plan. The U.S. SEC decided to suspend the conversion of the Grayscale Digital Large Cap Fund to ETF trading one day after approving it, stating that further review is needed. Additionally, the SEC is reviewing multiple cryptocurrency ETF proposals, including assets like SOL, XRP, and DOGE. Previously, on July 2, the SEC accelerated the approval of Grayscale's proposal to convert another closed-end fund to an ETF, which mainly consists of Bitcoin (about 80%) and Ethereum (about 11%), along with a small amount of Solana, Cardano, and XRP. The fund is currently traded in the over-the-counter market for qualified investors.
2. U.S. Treasury Secretary: The Federal Reserve may cut rates in September or 'earlier.' U.S. Treasury Secretary Scott P. Bentsen stated that the tariffs implemented by President Trump have only caused moderate inflation so far, leading him to believe that the Fed may cut rates in September or 'earlier.' 'I think the key (to rate cuts) is that the tariffs have not caused inflation. If the Fed follows this standard, I think they may act earlier than September, though they will definitely cut before September,' Bentsen added, 'I guess this 'tariff disruption syndrome' has even affected the Fed.'
3. OpenAI refutes Robinhood's launch of its tokenized shares, stating it is unauthorized and not endorsed. OpenAI publicly opposes Robinhood offering its tokenized private shares to EU users, saying, 'We have not partnered with Robinhood, have not participated, and do not endorse this action.' Robinhood announced this week that it would offer 'stock tokens' for over 200 private companies (including OpenAI and SpaceX) for users to trade. OpenAI emphasized that any share transfer requires its approval, and this action was unauthorized. Robinhood explained that what it offers is a blockchain-based price tracking contract, not actual shares.
4. Warning: Dozens of fake wallet plugins have flooded the Firefox store, stealing cryptocurrency. Security company Koi discovered over 40 fake cryptocurrency wallet extensions in the official Firefox browser plugin store, impersonating mainstream wallets like MetaMask and Coinbase Wallet. These malicious plugins steal input content of over 30 characters (mainly targeting mnemonic phrases) by embedding event listener code and sending the data back to the attacker's server. Investigations show that this phishing activity has been ongoing at least since April 2025. The behind-the-scenes group is suspected to be a Russian hacker organization. The malicious plugins not only steal legitimate brand logos but also boost credibility through numerous fake five-star reviews.


1. BTC short-term strong surge, approaching the $110,000 mark, with 3.22 billion liquidated in the past 24 hours, mainly short positions;
2. Tech stocks help the S&P 500 and Nasdaq rebound to new highs, Tesla rises nearly 5%; crude oil rises over 3% during trading; London copper breaks through $10,000, reaching a new high since the end of March.
3. In the Bitget BTC/USDT liquidation map, based on the current 108751 USDT, if it drops two thousand points to around 106751, the total liquidation amount of long positions will exceed $640 million. If it rises two thousand points to around 110751, the total liquidation amount of short positions will exceed $770 million. The liquidation amount for shorts is significantly higher than for longs, suggesting reasonable control of leverage to avoid triggering large-scale liquidations during market fluctuations.
4. In the past 24 hours, BTC spot inflow was $2.3 billion, outflow was $2.4 billion, with a net outflow of $100 million.
5. In the past 24 hours, SOL, RESOLV, SAHARA, SEI, and TIA contract trading saw leading net outflows, indicating potential trading opportunities.