Rainer Guntermann from Deutsche Bank stated that the downward adjustment of interest rate expectations by the European Central Bank is losing momentum. Rainer Guntermann pointed out that the official guidance for July was ambiguous, and the European Central Bank did not rule out the possibility of interest rate hikes. The decline in front-end bond yields in the eurozone requires a greater drop in oil prices. According to data from the London Stock Exchange Group, the money market currently reflects expectations of a 17 basis point rate hike by the European Central Bank in September and a 25 basis point rate hike by the end of the year. Rainer Guntermann stated that as numerous European Central Bank officials deliver speeches and the minutes of the June meeting are released, more details will emerge.

[10x Research: Bitcoin Options Trading Volume Drops to $3.5 Billion] 10x Research stated that since the peak in October last year, Bitcoin options trading volume has decreased from $8 billion to $3.5 billion, while market volatility has also declined during the same period.

Token Terminal data shows that the amount of ETH crossing from Ethereum to Robinhood Chain has surged by about 10 times in the past few days. （Cointelegraph）

According to Cointelegraph, Visa data shows that the adjusted stablecoin trading volume reached a record high of $1.79 trillion in June. The trading volume of USDC is $1.21 trillion, and the trading volume of USDT is $576 billion. In terms of network, the transaction volume of Base is $565 billion, Ethereum is $562 billion, and Tron is $320 billion.

[Goldman Sachs Bullish on Semiconductor Stocks Like AMAT, Adjusts Target Prices for Memory Chip Companies] According to Trend Research, Goldman Sachs is bullish on AMAT (target price $645), AMD ($640), and ON ($95), while maintaining a cautious stance on KLAC and ARM. Goldman Sachs has raised target prices for memory chip companies: SNDK increased from $1,200 to $2,200, STX raised to $960, and WDC raised to $650. Goldman Sachs believes there is a high probability of semiconductor industry performance exceeding expectations, but stock prices face pressure from early pricing-in.