Upbit will temporarily suspend its deposit and withdrawal services due to support for Maker and DAI brand reshaping and token exchange plans

Nasdaq 100 futures rose over 1%, S&P 500 futures rose 0.33%, and Dow Jones futures rose 0.08%.

The number of initial jobless claims in the United States for the week ending July 4th was 215000, with an expected 218000, and the previous value was revised from 215000 to 217000. The average number of initial jobless claims in the United States for the week ending July 4th was 218750, with the previous value revised from 222000 to 222500. The number of unemployment claims renewed in the United States for the week ending June 27th was 1.814 million, with an expected 1.815 million. The previous value was revised from 1.814 million to 1.806 million. AI interpretation: The lower than expected number of initial jobless claims and the upward revision of the previous value directly prove that the demand in the labor market remains strong. The downward trend of the four week average further consolidates the stable situation of the job market and eliminates the risk of large-scale layoffs in the short term. The number of renewals remains in the low range, indicating an accelerated pace of reemployment for unemployed individuals. This employment resilience weakens the urgency for the Federal Reserve to cut interest rates, and the market will reprice expectations of maintaining high interest rates for a longer period of time.

US Trade Representative Greer stated that there is still a long way to go for the US to reach an agreement with Brazil, and the US will soon take final action against Brazil.

Grayscale research director Zach Pandl released a report summarizing the evolution of global equity tokenization into three stages: third-party encapsulation, equity model, and issuer initiation.

According to CoinDesk, the Layer2 project Mantle will migrate the cross chain portal Super Portal, which manages $2.5 billion in assets, from LayerZero's OFT standard to Chainlink's CCT standard. The portal is responsible for cross chain MNT between Ethereum and Solana and plans to expand to more public chains.