WTI crude oil futures fell below $84 for the first time since April 17th

The People's Bank of China has released the "Regulations on the Administration of Large denomination Deposit Certificates (Draft for Comments)", which stipulates that the minimum amount for individuals to subscribe to large denomination deposit certificates shall not be less than 200000 yuan, and the minimum amount for institutions to subscribe shall not be less than 10 million yuan. The deadline for feedback is July 12, 2026.

A certain giant whale opened 235245 CL short positions with 20 times leverage when crude oil prices were below $85, valued at $19.38 million, and currently has a floating profit of over $600000. （Onchain Lens）

The Hong Kong Securities and Futures Commission has listed three websites related to exiovip as suspicious virtual asset trading platforms. EXIO Limited has reported that one of the websites is a fraudulent website, while the other two websites have no affiliation with EXIO Limited. The Hong Kong Securities and Futures Commission has listed chengguaninvest as a suspicious website and clarified that the website has no connection with Capital International.

The German central bank stated that the economic recovery in Germany has been slower than expected due to the impact of the Iran War, but thanks to fiscal stimulus measures, the economy will regain growth momentum in the coming years. The German central bank expects GDP growth of 0.5% in 2026, 0.8% in 2027, and 1.4% in 2028. The Governor of the German Central Bank stated that the rise in energy prices has weakened household purchasing power and consumer spending, but in the forecast period up to 2028, economic activity will regain momentum, and the recovery will benefit from the decline in energy prices, the strengthening of the global economy, and fiscal policy stimulus.

Bitget CEO Gracy Chen compared SpaceX's IPO structure with the low liquidity, high fully diluted valuation model of cryptocurrency, where SpaceX only offers 555.6 million shares, while the total share capital is 13.1 billion shares. （Cointelegraph）