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BlockBeats News, July 1st, according to GMGN market data, the market cap of Venice (VVV) has exceeded $680 million, with a 1-hour price increase of 17.58%, currently trading at $14.54. Earlier reports indicated that Venice AI completed a $65 million Series A funding round with lead investment from Dragonfly Capital.

A certain exchange’s stock price fell by 2.3%, another exchange dropped by 2.7%, another exchange declined by 1.4%. Another exchange decreased by 6.7%, another exchange was down 4%, and another exchange lost 3.5%.

On July 1, Federal Reserve Chair Waller set an ambitious timeline aimed at enabling the Fed to rely on new technologies that provide real-time economic data, thereby reducing dependence on lagging government survey data. Waller stated, "My vision is that within the next 9 to 12 months, we will utilize new technologies to understand the dynamics of the real economy in a synchronized, real-time manner, allowing us to make more informed decisions; we will no longer rely solely on data from government agencies that are statistically biased and no longer applicable."