Bit Digital underwriters fully exercise the additional purchase option to raise $162.9 million or use it to purchase ETH

According to Foresight News, Vitalik stated in his EthCC speech that "we are at a turning point where 'spatial growth' no longer seems to be a clearly good strategy. Today we need to shift from 'utilizing blockchain/ZK/FHE' to 'building in a way that achieves specific attributes'. Usually, the most important thing is not to become smarter on stupid problems

According to a report by the Financial Times cited by Xinhua News Agency, a group of billionaires from Silicon Valley in the United States have applied for a chartered banking license and are preparing to establish a national bank, with a focus on supporting startups engaged in cryptocurrency and other businesses. Insiders said that the new bank is named after the treasure trove "Lonely Mountain" in The Lord of the Rings, and its main investors are Silicon Valley tycoons of the current Republican government in the United States, such as Peter Thiel. According to the application documents disclosed earlier this week, "Gushan" Bank will be a national bank that provides traditional banking products and virtual currency related products and services to businesses and individuals. Its main target customers are enterprises participating in the "innovation economy" in the United States, especially those in the fields of cryptocurrency, artificial intelligence, defense, and manufacturing, as well as individuals working or investing in these enterprises, including those with "insufficient credit channels". The bank will also seek cooperation with non US companies that are interested in entering the US banking system. According to reports, the headquarters of Lonely Mountain Bank will be located in Columbus, Ohio, with an office in New York City, providing only online customer service.

According to BlockBeats, on July 2nd, SOL Strategies, the "SOL version of micro strategy," released its June update. According to its 40-F form submitted to the SEC, the company has now entrusted over 3.7 million SOLs to validators (an increase of 163000 from May).

Odaily Planet Daily News: The Financial Markets Authority (FMA) of New Zealand has issued a detailed warning on the risks of cryptocurrency investment, emphasizing the volatility of digital assets, regulatory deficiencies, and rampant fraud. As the popularity of cryptocurrency among New Zealanders continues to grow, the FMA urges investors to act cautiously and take cautious measures to protect themselves. The agency describes cryptocurrency as a "high-risk speculative investment" and emphasizes that individuals should be prepared to lose their entire investment amount. （FinanceFeeds）

BlockBeats news, on July 2nd, according to The Block, Vetle Lunde, head of K33 research, stated that despite potential "Trump deal" volatility in July, including budget bills, tariff decisions after restarting trade suspensions, and a deadline for cryptocurrency policies related to executive orders, cryptocurrency trading activity in July may once again be sluggish, continuing another calm summer. It is reported that the 90 day tariff suspension will end on July 9th, which may prompt Trump to take new trade measures targeting specific countries. As seen earlier this year, tariff uncertainty often suppresses market momentum and may pose resistance to Bitcoin's trend in the coming weeks.