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- 01:02IOST Launches I Foundation with a Focus on RWA Project InvestmentAccording to Jinse Finance, IOST has announced the launch of the I Foundation, marking a new chapter for its ecosystem. The I Foundation will focus on investing in the most promising real-world asset (RWA) projects within the L1 and BNB Chain ecosystems. The value generated from these investments will be returned to IOST holders. The foundation has already acquired a domain name, and further details will be announced soon.
- 01:02A whale transferred 400 BTC worth $47.11 million to an exchange in the past 6 hoursAccording to Odaily Planet Daily, on-chain analyst Yu Jin has monitored that a whale who accumulated 1,500 BTC between 2023 and 2024 has started to take profits today: over the past 6 hours, 400 BTC (worth $47.11 million) were transferred to an exchange. The average purchase price of the BTC accumulated by this whale was approximately $56,418, and now they have made a profit of $92 million (+108%). The whale still holds 1,100 BTC (worth $128 million).
- 00:43CITIC Securities: The U.S. job market remains resilient, making a Fed rate cut in July less likelyAccording to ChainCatcher, as reported by Jintou Data, a research report from CITIC Securities states that key U.S. employment indicators include nonfarm payroll additions, unemployment rate, jobless claims, and job vacancies. From a multidimensional perspective, the U.S. labor market remains resilient. Although jobless claims in the U.S. have risen and the one-month employment diffusion index for all private sectors is in contraction territory, key indicators such as nonfarm payroll additions and the unemployment rate demonstrate the resilience of the U.S. job market. The stabilization of several data points supports the Federal Reserve's decision to observe before cutting rates. The Federal Reserve does not need to rush to cut rates, and the probability of a rate cut in July is relatively low.