Federal Reserve Chairman Kevin Walsh: Employment growth keeps pace with labor force growth

According to Onchain Lens monitoring, Grayscale transferred 852.7 BTC worth $54.4 million to Coinbase Prime.

Hadrius, an AI compliance infrastructure company, has completed $27 million in seed and Series A funding, led by CRV, with participation from Y Combinator, Pathlight Ventures, and founders of Altruist, Jump AI, and FINNY. The funds will be used to build an AI native compliance infrastructure for the financial services industry, integrating compliance review, risk monitoring, and regulatory document management into a single intelligent workflow through Agentic AI technology.

According to foreign media reports, the US service sector inflation index minus energy remained unchanged in June, and rose by 0.3% in May. The Federal Reserve has identified service sector inflation as a key area of focus.

Stephen Brown, Chief Economist of Capital Economics North America, stated that the AI investment boom and the recovery of consumer demand will push up the core inflation rate, and it is a matter of time, not whether the Federal Reserve will raise interest rates.

According to the Bybit market, at the opening of the US stock market, the Dow Jones Industrial Average fell 0.07%, the Nasdaq rose 1.18%, and the S&P 500 index rose 0.31%. Cryptocurrency concept stocks generally rose, with COIN up 2.47% and HOOD up 1.67%.