According to Odaily, as per Gate data, WTI crude oil has extended its intraday gains to 1%, currently trading at $70.78 per barrel. Brent crude is now up 1.3%, trading at $74.11 per barrel.
Odaily Planet Daily News: According to Iranian media, the Iranian Embassy in Doha refuted the baseless accusations made by the U.S. president, stating that preparations for talks between Tehran and Washington in Qatar have not yet begun. (Jinshi)
Odaily reported that according to OKX market data, ORDI briefly surged past $4.1 and is currently trading at $4.11, with a daily increase of over 29%.
According to insiders, as Anthropic's influence in the enterprise AI model market continues to grow, the company renegotiated some partnership terms with Amazon earlier this year, leading to increased costs for Amazon to use Anthropic models in its products. Sources indicated that the adjustment occurred during a reassessment of the cooperative relationship, reflecting Anthropic's strengthening bargaining power in core model supply. As one of its early key investors, Amazon is currently evaluating how to optimize the cost structure of using related AI models to cope with potential cost pressures. At present, both parties have not publicly disclosed the specific pricing changes. (Jinshi)
Odaily reported that Sui posted on X platform, stating that gas-free transfers on Sui can keep agent workflows running continuously, allowing agents to continue calling APIs, executing tasks, and operating autonomously without freezing or downtime.
Odaily Odaily reports that according to Hyperbot data, Machi Big Brother has just slightly reduced his long position in Ethereum with 25x leverage. The current position still holds 1,200 ETH, with the liquidation price temporarily reported at $1,553. The current return on investment has turned positive, temporarily standing at 0.53%.
Odaily reports that Binance founder CZ stated that the company's MiCA license application in Greece fully met regulatory requirements before its withdrawal and was close to approval. However, the process was ultimately disrupted due to the intervention of "external political factors."
In an interview, CZ mentioned that several countries within the EU had expressed interest in the license, with some even showing a degree of "competitive pursuit." Ultimately, the regulatory progress was affected by factors outside the regulatory sphere, forcing the withdrawal of the application. Binance formally withdrew its Greek application last week and stated it would pursue MiCA authorization in other EU member states. Addressing market rumors linking him to high-level EU political figures, CZ said he had not seen any verifiable documents and had only encountered similar claims online, which he could not confirm.
CZ also noted that the MiCA transitional period in the EU is set to end on July 1st. After that date, platforms without a license must cease related services. National regulatory bodies have made it clear there will be no extensions. He described the outcome as a "lose-lose situation" and, citing the regulatory histories of Japan and Singapore, emphasized that compliance processes often require a longer cycle.
Furthermore, when discussing Strategy's STRC preferred stock product, CZ described its structure as "too complex" and said he found it difficult to fully understand its mechanism. However, he stressed that he was not making a judgment on the credibility of its founder, Michael Saylor, whom he considers a "staunch Bitcoin supporter." (The Block)
Odaily reported that Barry Silbert, founder and CEO of Digital Currency Group (DCG), the parent company of Grayscale, retweeted on platform X, disclosing that Kraken is about to list Bittensor subnet Alpha tokens. The first batch of tokens to be listed includes: Chutes, Targon, Score, Ridges AI, Hippius, Vanta, and others.
Odaily Planet Daily News: U.S. President Trump stated that the Supreme Court remanded the case concerning Fed Governor Cook's appointment litigation back to the lower court solely on procedural grounds. We will take appropriate action immediately to ensure that individuals who have engaged in misconduct do not continue to make decisions on critical matters affecting the well-being of the United States. (Jin Shi)
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Odaily reported that Citadel Securities stated the AI rally is facing greater risks, including weakening demand, declining returns, and heightened political and regulatory scrutiny. Investors have underestimated Federal Reserve Chairman Kevin Warsh's determination to lower inflation, warning that higher interest rates could pressure risk assets. (Jinshi)
Odaily Planet Daily reported that XChat, the chat application under X, announced on the X platform that the Android version of the app is now available, allowing users to have private chats with friends directly within X. Previously, XChat was released on the App Store on April 25.
Odaily reports that as the EU's Markets in Crypto-Assets Regulation (MiCA) is set to take full effect on July 1, industry insiders anticipate a massive platform reshuffle in the European crypto market, with potentially over 10 million users needing to switch trading platforms.
SwissBorg executive Alex Fazel stated that the new MiCA regulations are forcing a large number of exchanges to cease or restrict their services within the EU. The European Securities and Markets Authority (ESMA) has warned that institutions lacking a MiCA license must gradually exit the market after the deadline and assist users in migrating to compliant platforms or self-custody wallets.
Data shows that as of 2024, there may be over 3,000 Virtual Asset Service Providers (VASPs) in Europe, with approximately 80% expected to exit the market following the regulatory transition.
The analysis points out that several trading platforms, including Binance, have already adjusted their European business layouts in advance. Meanwhile, platforms like Coinbase and OKX are attracting user migration through incentive measures. Against the backdrop of tightening regulations, industry competition is shifting from "subsidy-driven customer acquisition" to "competition in compliance and trust systems." (CoinDesk)


