1. Citigroup Research Says Rate Hike Reasons Disappear, Expects Federal Reserve to Restart Rate Cuts in October

Citigroup Research stated in the U.S. Economic Weekly released on July 2 that non-farm employment in the U.S. added 57,000 jobs in June, with the data for the previous two months revised down by a total of 74,000. The average monthly growth of non-farm jobs in the last three months has dropped to about 111,000, below the previously revised level of 180,000, indicating that the reasons for a rate hike have disappeared. Citigroup expects the Federal Reserve to cut rates for the first time by 25 basis points at the meeting on October 28 and to cut rates by another 25 basis points in December, bringing the federal funds rate range down to 3.0% to 3.25% by the end of the year. AI Interpretation: The significant slowdown in non-farm job growth and the substantial downward revision of previous values directly reveal the worsening imbalance in supply and demand in the labor market. The decline in employment momentum has completely eliminated the Federal Reserve's room for further rate hikes. This data reinforces the reality of economic cooling, forcing the monetary policy focus to shift from anti-inflation to recession prevention. The market's early pricing of the rate cut timing has solid macroeconomic fundamentals support.   -Original

2. White House Officials State Cryptocurrency Market Structure Bill is About to Pass, Trump Will Sign Immediately

White House officials indicated that the Bitcoin and cryptocurrency market structure bill is about to pass and stated that President Trump will sign the bill immediately.   -Original

3. Spot Gold Breaks $4200/Ounce, Hits Two-Week High, Up 0.6% For The Day

4. Binance Records $1.23 Billion Weekly Net Outflow, ETH Withdrawals Hit Three-Year High

Binance recorded a weekly net outflow of $1.23 billion, with Ethereum withdrawals reaching the highest level in over three years.   -Original

5. Bitcoin Whales Increased Holdings by Over 270,000 BTC Worth Approximately $16.7 Billion in Two Weeks, Contrasting with ETF Outflows

According to CoinDesk, amidst persistent outflows of institutional funds in the U.S., Bitcoin whales have collectively increased their holdings by more than 270,000 BTC (approximately $16.7 billion) in the past two weeks, contrasting with record outflows from U.S. spot Bitcoin ETFs. On-chain data shows that, despite the spot premium remaining negative, large wallets continue to accumulate Bitcoin, indicating a structural phase of institutional deleveraging and long-term capital accumulation in the market.   -Original

6. Myanmar Fraud Zone Uses ChatGPT and Gemini to Generate Scripts, Completes Fund Transfers Through Cryptocurrency

According to Hongxing News, fraud zones in Myanmar utilize OpenAI's ChatGPT and Google's Gemini to generate scripts and conduct identity impersonation, completing fund transfers through cryptocurrency. Starlink has become the primary network service provider in the zone, with U.S. ISP providers carrying nearly one-fifth of the zone's traffic. OpenAI stated that it has banned about 100,000 suspicious accounts monthly through its risk control system, while Google mentioned that its AI model is set with safeguards to limit illegal use.   -Original

7. U.S. Escorts 70 Commercial Vessels Through the Strait of Hormuz, Down from Pre-Conflict Daily Average of 138 Vessels

Data from the Joint Maritime Information Center on the 5th indicates that from July 2 to 4, the U.S. escorted a total of 70 commercial vessels through the Strait of Hormuz, down from the pre-conflict daily average of 138 vessels. Among them, 33 vessels passed on July 2, 29 on July 3, and 18 on July 4. The overall threat level in the Strait of Hormuz is rated as "high," with the waters posing risks of mines and regular disruptions to the global navigation satellite system.   -Original

8. Iranian Speaker Ghalibaf: Iran Believes Reaching Consensus with the U.S. is Possible

According to Saudi media Hadath, Iranian Speaker Ghalibaf stated that Iran believes that, despite difficulties, reaching a consensus with the U.S. is possible.   -Original

The above is a selection of hot topics from the past 24 hours. For faster news, please download AiCoin (aicoin.com)

免责声明：本文章仅代表作者个人观点，不代表本平台的立场和观点。本文章仅供信息分享，不构成对任何人的任何投资建议。用户与作者之间的任何争议，与本平台无关。如网页中刊载的文章或图片涉及侵权，请提供相关的权利证明和身份证明发送邮件到support@aicoin.com，本平台相关工作人员将会进行核查。