Odaily: The U.S. Senate voted to suspend war with Iran unless Trump obtains congressional approval. (Jinshi)

Odaily, July 1. Baird analyst Ben Kallo predicts that Tesla (TSLA.O) is expected to deliver 392,900 vehicles in the second quarter. He added that the electric vehicle company's total deliveries in 2026 will reach 1.68 million vehicles.

The analyst wrote: "We believe a merger between SpaceX (SPCX.O) and Tesla is very likely, and we estimate it will take 12 to 18 months." He further added that the merger of the two companies is the "ultimate direction" and is "clear and compelling, with both companies benefiting from greater scale." Kallo reiterated his "Outperform" rating on Tesla and a price target of $522. (Jin10)

Odaily Planet Daily News: Zuckerberg has instructed Meta to develop a prediction market application. The app will be independent of Facebook and Instagram. (New York Times)

According to Nikkei, Blackstone President and Chief Operating Officer Jonathan Gray stated in a recent interview that the company plans to invest $30 billion in Japanese artificial intelligence data centers over the next three to five years. The world's largest alternative asset manager is in talks to develop over 1 gigawatt of facilities in Japan. (Jin10)

Odaily reported that Rob Hocking, Head of Global Derivatives at the Chicago Board Options Exchange (CBOE), stated that the exchange is exploring the conversion of Bitcoin and Ethereum continuous futures into perpetual futures.

Previously, the U.S. Commodity Futures Trading Commission had approved cryptocurrency perpetual futures for the prediction market Kalshi, opening a regulatory pathway for other registered U.S. exchanges to offer similar products. Rob Hocking did not provide a timeline for the potential conversion. (cointelegraph)

Odaily Planet Daily News: Market reports indicate that SpaceX's (SPCX.O) high-grade bond issuance has received $89 billion in subscriptions. (Jinshi)

Odaily reported that Chainlink has launched Project Pangea in collaboration with FairSquareLab, a South Korean digital asset infrastructure company, UniKA, a coalition of over a dozen South Korean commercial banks, and Qivalis, a euro stablecoin alliance backed by 37 European banks.

The project aims to bring together financial institutions from Europe and South Korea to assess the feasibility of direct atomic swap settlements using euro- and won-denominated stablecoins, leveraging Chainlink’s data infrastructure and FairSquareLab’s on-chain foreign exchange settlement technology. Currently operating as a working group, the project has not yet announced an implementation timeline for production deployment. Separately, fintech startup OpenFX recently raised $94 million to expand its stablecoin-based payment network. (Cointelegraph)

According to Lookonchain monitoring, Machi Big Brother (@machibigbrother) was liquidated 7 times on Hyperliquid in the past 10 hours, yet continued to go long on ETH.

His current position is 1100 ETH (worth $1.82 million), with a liquidation price of $1,635.71.

Odaily reported that Josh Rosenthal, a senior partner at Polychain, posted on platform X stating that after nearly five years at Polychain, he will be leaving the firm. He thanked the Polychain team, investors, and the founders supported, and stated that he will participate in building a new project, with more details to be announced later.

According to Onchain Lens monitoring, a wallet (0xb5E4...c24e) suspected to be linked to a16z withdrew 12,780 ETH, valued at $21.22 million, from Binance.

Odaily reported that BlackRock posted on X platform, stating that Bitcoin's role in investment portfolios is evolving and may be considered a complementary diversification tool.

BlackRock believes that a moderate allocation (typically around 1-2%) may impact a portfolio's return potential while maintaining an appropriate level of risk tolerance.

According to on-chain analyst Ember monitoring, Hyperliquid's largest long position, held across 7 addresses, amounts to $415 million in long contracts, currently facing an unrealized loss of $91.46 million.

The position includes 120,000 ETH ($271 million) and 2,000 BTC ($144 million), with an entry price of $2,261 for ETH and $72,134 for BTC. The actual leverage ratio is not excessively high; the liquidation price for ETH is approximately $1,160, and for BTC, around $47,000.

Odaily reported that the three major US stock indexes rose in the short term, with the Dow Jones Industrial Average up 0.07%; the S&P 500 index narrowed its decline to 0.77%, after previously falling over 1.5%; and the Nasdaq Composite Index narrowed its decline to 1.17%, after previously dropping over 2.3%.

According to MSX.COM data, Nvidia (NVDA.O) market cap has fallen below $5 trillion, with the latest decline of 2.6%.

Odaily reported that Serenity stated, "For me personally, this pullback looks like a clear buying opportunity, with targets including Micron Technology (MU), Intel (INTC), and TSMC (TSM).

This decline is mainly driven by some unfounded narratives, such as market rumors of three rate hikes by the Fed this year. However, there is actually no fresh macroeconomic data to support this claim (the real data won't be released until Thursday).

If institutions truly believed in a bearish logic of three rate hikes, as proposed by Bank of America (BofA), they should have arbitraged via CME futures or prediction markets. But in reality, these markets still show a probability of around 74% for no rate hike in July, reflecting no such aggressive rate hike expectations."

Odaily reported that driven by companies placing advance orders to avoid shortages and rising prices, U.S. manufacturing activity expanded again in June, but factory employment fell to a six-year low, primarily due to increased operating costs stemming from the Middle East conflict.

The U.S. June S&P Global Manufacturing PMI rose to 55.7 from 55.1 in May, the highest level since May 2022, while economists polled by Reuters had expected a decline to 54.8. The rise in manufacturing PMI, combined with an increase in the services PMI from 50.7 in May to 51.3, pushed the composite PMI output index up to 52.2 from 51.5 last month. The rebound in the services PMI is partly attributed to the joint World Cup tournament hosted by the U.S., Canada, and Mexico. (Jin Shi)