SpaceX IPO distributes stocks to retail investors, with a market value of $2.5 trillion on the second day of listing

Morgan Stanley has lowered its oil price forecast for the next few quarters as a temporary agreement between the United States and Iran is expected to increase supply. Analysts such as Martijn Rats expect the average spot Brent crude oil price in the third quarter to be $90 per barrel, compared to the previous expectation of $100; The average price in the fourth quarter is expected to be 80 dollars per barrel, 15 dollars lower than before. Analysts predict that production in the Middle East will gradually increase from mid July, assuming that 50% of the lost production will recover by September, 80% by December, and the rest will recover by early 2027.

Dragonfly partner Omar stated on the X platform that Rothera, a prediction market in which Robinhood and Susquehanna participate, traded 109 million contracts today, with a daily trading volume of approximately $39 million. The weekly turnover of contracts increased by about 40 times, and the weekly turnover of US dollar transactions increased by about 93 times. Currently, sports contracts account for about 99.8%.

DTCC announced the upcoming live demonstration of asset tokenization using securities held by The Depository Trust Company. （Cointelegraph）

[Hot coin trend: ZEC has placed a market order worth $1.54 million] $1.54M injected suddenly, market sentiment seems to shift slightly...

Coinbase CEO Brian Armstrong stated on X platform that the United States should re-examine its qualified investor laws, as existing rules restrict ordinary investors from participating in early-stage investments and only allow wealthy individuals to enter. Brian Armstrong proposed two reform paths: one is to replace existing rules with competency standards such as financial knowledge tests; The second is to cancel the rule and allow adults to assess risks on their own, while retaining information disclosure requirements and fraud enforcement measures.