Odaily reported on the 24th that, according to multiple foreign media outlets, US Secretary of State Marco Rubio stated that technical teams from the United States and Iran will continue their talks in Switzerland at the end of June. (Xinhua News Agency)

According to data from Odaily, the three major U.S. stock indexes rose across the board, with the Dow up 0.94%, the S&P 500 up 0.60%, and the Nasdaq up 0.63%. Crypto-themed stocks broadly declined, with Strategy falling 7.33%, Circle down 4.35%, Bitmine down 3.97%, Coinbase down 3.73%, Robinhood down 3.70%, Gemini down 3.27%, Bullish down 3.25%, and Sharplink down 3.19%.

Odaily reported that Cathie Wood posted on the X platform, noting that during her roadshow in Asia and Europe, she observed investor concerns about inflation. Investors were surprised by her view that inflation could drop significantly. This judgment is not solely based on oil prices; on a unit labor cost basis, year-over-year inflation has already fallen to 0.5%.

Odaily Planet Daily News: Shareholders of Swedish health technology company H100 have approved the share issuance required to complete the acquisition of Moonshot AS and Never Say Die AS. The transaction is a stock-for-stock exchange involving no cash consideration.

Upon completion of this acquisition, H100's bitcoin holdings will increase from 1,051 BTC to approximately 3,500 BTC, potentially making it the second-largest publicly listed bitcoin treasury company in Europe, trailing only Germany's Bitcoin Group SE. According to the terms announced in March, the owners of Moonshot AS and Never Say Die AS will hold approximately 70% of the combined company's shares after the transaction closes, becoming the majority shareholders. (Cointelegraph)

Odaily: According to Al Jazeera, U.S. Secretary of State Marco Rubio stated, "The entire world will oppose any mechanism that charges fees for international waterways." "It's that simple. The President has said it: this is not going to happen," Rubio added, expressing his belief that Gulf states will support this stance. (Jin Shi)

Odaily reported on June 25 that STRC, the preferred stock issued by Strategy, fell below $82 and is currently trading at $81.83, hitting an all-time low with a decline of 6.3%.

If the price of STRC significantly drops below its par value, it means the market is demanding a higher yield as compensation, which also reflects investors' decreased confidence in its credit status or the stability of future dividends. Since Strategy has heavily relied on issuing STRC to raise funds for purchasing Bitcoin, when STRC trades below par value for an extended period, the company's cost of financing by continuing to issue new shares will rise sharply—essentially requiring it to pay a higher interest rate to borrow funds.

Odaily Planet Daily News: Pump founder alon posted on platform X that Baton Corporation is hiring a Chief Legal Officer. Baton Corporation is the development company behind Pump.fun, with the goal of building a global consumer brand and tokenizing the world’s most promising early-stage ideas.

As it scales, the company requires a legal team that matches this ambition – one capable of driving massive growth while mitigating key risks. This position will serve as the chief legal advisor alongside the General Counsel, responsible for regulatory affairs, product legal, corporate governance, cross-border compliance, and other matters. The annual salary ranges from $1 million to $5 million.

According to Odaily, within the ten days leading up to the World Cup, Polymarket's soccer category trading volume exceeded $2 billion, a 300% increase compared to the previous ten days. The average daily trading volume rose from $53 million before the tournament to approximately $220 million. Meanwhile, last Thursday, Kalshi's open interest reached a record $1.16 billion, surpassing the $1 billion mark for the first time and growing 350% since the beginning of the year.

Although Polymarket's open interest levels remained relatively stable during the World Cup, the open interest on Polymarket's U.S. branch only saw moderate growth, failing to reach the highs from April 2026. Kalshi's open interest has grown faster than its trading volume, indicating that its user base holds positions for longer periods and has established larger directional positions. Its CFTC-regulated channel and direct USD deposit gateway have attracted U.S. institutions and high-net-worth dollar investors. (The Block)

Odaily reported that computing company Ornn has announced the completion of a $33 million seed funding round, led by a16z Crypto, with participation from Galaxy Ventures, Nordstar, SV Angel, Vine Ventures, Crucible Capital, Link Ventures, and Box Group.

The project's main business is launching Ornn Compute, a physical capacity layer for the computing market, which aggregates dedicated GPU capacity from multiple new cloud platforms into a unified platform. It features a single onboarding process and provides a secondary market for capacity transfer and on-demand subleasing.

Odaily: According to Lookonchain monitoring, as the BTC price fell below $61,000, a whale (0xebe8...885f) closed 800 BTC long positions worth $48.8 million, incurring a loss of $1.26 million.

Odaily Planet Daily News: This evening, Zhipu's official open platform announced that, to further provide full lifecycle support for entrepreneurs in the OPC (One Person Company) model of artificial intelligence, it has partnered with Haidian District Zhongguancun Science City to officially launch a model voucher subsidy plan totaling 50 million yuan for all industries, making AI a productivity tool accessible to every innovator.

During the subsidy period, all enterprises registered in Haidian District that have passed the application process can enjoy a subsidy of up to 50% on the call fees for the GLM-5.2 model, with a maximum annual subsidy limit of 2 million yuan per enterprise. The goal is to help Beijing become the "world's leading city for artificial intelligence."

The core rules for this model voucher subsidy are as follows: Subsidy ratio: Up to 50% subsidy on GLM-5.2 model call fees; Subsidy period: From now until November 19, 2026; Subsidy cap: Total annual subsidy per enterprise not exceeding 2 million yuan; Applicable model: Currently supports GLM-5.2, with newly added models to be announced separately.

Possibly influenced by this news, Zhipu's Hong Kong stock rose over 16% today, with its total market capitalization once again surpassing one trillion Hong Kong dollars, before falling back to 969 billion Hong Kong dollars.

Odaily Odaily reported this week that Kalshi has filed a lawsuit in the U.S. District Court for the Northern District of Illinois against Illinois Attorney General Kwame Raoul, Governor JB Pritzker, and other state officials.

Kalshi stated that the state's budget bill, SB3019, which requires prediction market platforms to obtain state-level licenses and is set to take effect on July 1, conflicts with the federal preemption provision of the Commodity Exchange Act, putting it in a position of either violating federal or state law. According to Kalshi, if it ceases to offer sports event contracts in Illinois to comply with the bill, it would violate the uniformity requirements of the U.S. Commodity Futures Trading Commission and harm its business interests. Kalshi has requested the court to grant a temporary restraining order, a preliminary injunction, and a permanent injunction to prevent Illinois from enforcing the law. (The Block)

Odaily, Sentient Foundation has announced the launch of an open-source general AI funding and investment initiative, committing $42 million to specifically support developers, researchers, and enterprises building and applying general AI in an open manner.

Through a combination of non-dilutive grants and investments, the program aims to keep AI infrastructure, models, tools, and applications open and accessible. The initiative has already received support from Alibaba Cloud, Franklin Templeton, as well as Princeton University and the Indian Institute of Science. Applications are now open and are reviewed on a rolling basis.

Odaily Odaily reports that Philippe Laffont, founder and portfolio manager of Coatue Management, stated on the Squawk Box program that he is currently unable to determine his outlook on Bitcoin.

Philippe Laffont indicated that he is reassessing Bitcoin's positioning, adding that he would rather invest in space than in Bitcoin. (thestreet)