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U.S. June PPI (YoY) came in at 2.3%, the lowest since September 2024, below the expected 2.5%. U.S. June PPI (MoM) was 0%, the lowest since January, missing the expected 0.20%.
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According to @EmberCN, 50,600 ETH (about $181 million) flowed from Justin Sun's HTX to Binance today. These ETH were redeemed from Aave by the HTX Recovery wallet, then transferred to the HTX hot wallet, and then flowed into Binance. In the past week, a total of 160,600 ETH (about $518 million) flowed from HTX to Binance in this way.
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After Trump signed the GENIUS Act, Tether said it will bring USDT to the U.S. via the foreign issuer path and launch a local stablecoin. Circle said the law affirms its compliance model. Both CEOs attended the White House signing but did not interact. https://decrypt.co/330930/tether-ceo-usdt-coming-america-circle-ceo-isnt-afraid
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According to CNBC, Peter Thiel-backed crypto exchange Bullish has filed for an IPO with the SEC and plans to list on the NYSE under the ticker “BLSH.” Led by former NYSE president Tom Farley, Bullish was spun out of Block one and is backed by Founders Fund, Thiel Capital, Nomura, and crypto investor Mike Novogratz. The company acquired crypto media outlet CoinDesk in 2023.
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According to Bloomberg, Jack Dorsey’s fintech firm Block Inc. is set to join the S&P 500 index on July 23, 2025, replacing Hess Corp. following its acquisition by Chevron. The company is integrating Bitcoin payment capabilities into its Square terminals, reflecting Dorsey’s long-standing advocacy for Bitcoin.
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According to Bloomberg, Charles Schwab CEO Rick Wurster said on the Q2 earnings call that the firm is expanding its digital asset offerings with planned spot trading for Bitcoin and Ethereum, and is exploring stablecoin issuance through a bank consortium or independently.
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