U.S. Treasury Secretary Scott Bessent stated in an interview with CBS News that the recently disclosed revenue of approximately $1.4 billion earned by President Donald Trump through crypto projects poses no problem for the president. The financial disclosure shows that since the start of his second term, Trump has earned around $1.4 billion from crypto ventures, including the TRUMP meme coin and World Liberty Financial.

Congressional Democrats have criticized this, arguing that there is a conflict of interest given that the current administration is seeking to ease cryptocurrency regulations. White House spokesperson Anna Kelly responded by stating that the disclosure reveals no conflict of interest. Additionally, Bessent expressed optimism about the U.S. economic outlook and noted that over 6 million Trump Accounts have been opened, a project aimed at helping minors invest in the stock market to improve financial literacy. (cbsnews)

Odaily Planet Daily News: OKX founder and CEO Star stated in a post on X that the first "one-person company" (OPC) to achieve an annual revenue of $1 million on OKX.AI will receive a personal donation of no less than 1 BTC. Star noted that every major technological revolution gives rise to a new generation of entrepreneurs and believes that the AI era will create millions of "one-person companies."

It is reported that the OKX.AI Genesis Hackathon has been launched, allowing developers to build Agent Service Providers (ASP) on the OKX.AI platform. The event features a total prize pool of $100,000, aimed at encouraging AI Agent projects with real demand scenarios and practical use value, driving the implementation of the Agent economy.

Odaily Odaily News DBS Group Research Senior FX Strategist Philip Wee commented that Japan may be adopting a new foreign exchange intervention strategy. Rumors suggest that the Ministry of Finance may be shifting towards covert, undisclosed currency interventions.

Wee noted that such interventions could exacerbate market volatility given the thin liquidity in U.S. bond and stock markets due to the Independence Day holiday. He also pointed out that Japan's new strategy appears aimed at shifting market sentiment from skepticism to caution.

PPP Prediction Market Tool monitoring shows that with the Switzerland vs. Algeria match starting in half an hour, there are no large bets on a draw in regular time. Only one address has purchased $150,000 on "no draw" during regular time, but this address has lost $430,000 in the past 7 days and a total of $728,000 since its creation three weeks ago.

Odaily Seer Prophecy Channel continues to follow the prediction market, seeing changes before prices are set.

Odaily reported that, according to an official announcement, Bitget has launched a USDT-margined DATA perpetual contract, supporting up to 50x leverage, and the futures trading bot is now available simultaneously.

According to Onchain Lens monitoring, two wallets (0x149...652, 0xfe7...b) suspected to be linked to Paradigm have staked 1 million HYPE, worth $66.75 million.

Odaily Planet Daily News: Standard Chartered Bank, in partnership with Circle, has launched USDC minting and redemption services for institutional clients. Standard Chartered claims to be the first global systemically important bank to offer this service, allowing clients to conduct related transactions without needing a separate Circle account.

Odaily reported that the State Tobacco Monopoly Administration has released a series of policy measures (trial) to promote the legalized and standardized development of the e-cigarette industry. The document states that, based on the current state of the e-cigarette industry and aligned with national regional development strategies, the industry will be guided towards appropriate concentration in regions with an industrial foundation and suitable conditions. Raw material supply channels will be strengthened, and the provision of raw materials for e-cigarette production will be reasonably guaranteed.

The policies aim to adjust and optimize the industrial structure, strictly control new production capacity, reasonably manage the scale of production capacity, and prevent overcapacity. Guided by optimizing resource allocation and meeting market demand, the concentration of the industry will be maintained at a reasonable level, leading to the orderly exit of companies that cannot adapt to market competition. (Jin Shi)

According to SoSoValue data, the crypto market is experiencing an overall upward trend, with the NFT sector leading gains at 7.57% in the last 24 hours. Within the sector, Audiera (BEAT) rose 14.91%, and Pudgy Penguins (PENGU) increased 4.18%. Meanwhile, Bitcoin (BTC) gained 2.40%, breaking through the $61,000 mark; Ethereum (ETH) rose 5.89%, surpassing $1,700.

Notably, MAG7.ssi rose 3.81%, DEFI.ssi increased 6.00%, and MEME.ssi gained 2.93%.

In other sectors, the Meme sector rose 5.11% in 24 hours, with MemeCore (M) surging 31.41%; the DeFi sector increased 4.87%, led by LAB (LAB) which rose 30.99%; the PayFi sector gained 3.41%, with Ultima (ULTIMA) up 12.49%; the Layer1 sector rose 2.84%, with Cardano (ADA) increasing 7.04%; the CeFi sector edged up 1.71%, with Bitget Token (BGB) rising 4.58%; and the Layer2 sector gained 0.78%, with zkSync (ZK) up 6.42%.

Reflecting historical sector performance, the crypto sector indices show that the ssiRWA, ssiAI, and ssiDeFi indices rose 7.15%, 6.81%, and 5.84%, respectively.

Odaily reported that the A-share humanoid robot sector continues to strengthen, with Harmonic Drive (Greensky) breaking through 476 yuan and surging over 13% intraday, now reported at 466 yuan.

Kailong High-Tech hit the daily limit, while Estun Automation, Wolong Electric Drive, and several other stocks also hit their daily limits. Topstar, Changsheng Bearing, and Shanghai Wei New Materials followed suit with gains.

Odaily Odaily Planet Daily News: According to official sources, OKX has announced the official launch of the OKX.AI Genesis Hackathon, recruiting the first batch of Agent Service Providers (ASP) from global AI developers. The total prize pool for this hackathon is $100,000, with the highest single prize being 10,000 USDT. From now until 8:00 on July 18 (UTC+8), participants can submit their projects through the OKX.AI official website and post introduction threads on the X platform.

It is reported that OKX.AI is an economic system specifically designed for Agents, where users and Agents can discover and utilize professional services provided by ASPs.

According to monitoring by on-chain analyst Ai Yi, an address opened a short position of 22,000 ETH with 18x leverage yesterday, with a notional value of approximately $37.59 million. The entry price was $1,613.1, the current price is $1,710.8, and the liquidation price is $1,847.9. The address is currently facing a floating loss of $2.123 million.

According to market data, Hong Kong-listed AI application stocks continue to strengthen, with Zhipu (02513.HK) rising nearly 15%, MINIMAX-W (00100.HK) up over 6%, and Kingsoft Cloud (03896.HK) as well as Horizon Robotics (09660.HK) also gaining.

Tom Lee, Chairman of BitMine, said in an interview that he will not set a specific price target for SpaceX because the company's growth is primarily focused on the future. Setting a target now would be equivalent to discounting 20 years of future growth into the present, which amounts to speculation.

Tom Lee specifically mentioned the upcoming share unlock. He suggested that original investors are likely to create selling pressure by hedging their positions, but this selling pressure could turn into a good buying opportunity. Tom Lee believes that one should not chase high prices for SpaceX in the short term, and that using the pullback triggered by the unlock to build positions is a suitable strategy.