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Bitget Unified Account Supports Stock Spot (rToken) Cross Mode

Bitget Unified Account now officially supports Cross Margin Mode for spot stocks (rToken) issued by Reality Protocol. This upgrade incorporates rToken into the Unified Account shared capital pool, further enabling unified capital management scenarios for crypto assets and tokenized stocks. Through the Unified Account, users can manage spot, contracts, and leveraged products uniformly within a single account, without the need to frequently transfer funds between different accounts. Different products can share margin, and profits and losses can also be consolidated, thereby improving capital efficiency and simplifying asset management.

Polymarket's probability of "GPT-5.6 to be released to the public on July 7" rises to 64%, up 26% in 24 hours

PPP Prediction Market Tool monitoring shows that Polymarket's probability of "GPT-5.6 to be released to the public on July 7" has risen to 64%, up 26% in 24 hours.The rules state that a model explicitly named "GPT-5.6," or a model officially recognized as the direct successor to GPT-5.5 (such as GPT-5.7, GPT-5.8, etc.), will meet the settlement conditions. Task-specific models like GPT-Codex and Transcribe, cost-optimized versions such as Nano and Mini, and the o-series reasoning models are all included in this market. However, GPT-6 or other next-generation flagship models are not counted.Additionally, qualified models must be open to the public, including public beta or open waitlists; closed testing or private access only will not meet the requirements. The final settlement will primarily be based on OpenAI's official announcements and public information on its official website, and will be verified with mainstream media reports.On June 27, OpenAI launched the next-generation GPT-5.6 series of models, currently offering a limited preview to a select group of partners.Odaily Seer Channel continues to follow the prediction market, seeing changes before pricing.

OKX will list perpetual contracts for SOFTBANK, TQQQ, MVLL, and MUU stocks

According to an official announcement, OKX will list perpetual stock contracts on its web, app, and API platforms for certain supported countries and regions on July 2nd.Among them, SOFTBANK/USDT will open for trading at 13:30 (UTC+8) on July 2nd; TQQQ/USDT, MVLL/USDT, and MUU/USDT will open for trading at 17:00, 17:15, and 17:30 (UTC+8) respectively.The announcement states that the aforementioned contracts are all settled in USDT, support 24/7 trading, and have a funding rate settlement period of 8 hours. OKX reminds that the leveraged ETF perpetual contracts (TQQQ, MVLL, MUU) track funds that already employ daily leverage exposure. The perpetual contracts will further add leverage on top of this, potentially amplifying the risk of liquidation and losses.

Bitget Wallet and Robinhood Establish Strategic Partnership to Fully Support Tokenized Stocks and RWA Asset Trading

Bitget Wallet 宣布与 Robinhood 建立战略合作,并全面集成 Robinhood Chain 主网。此次集成涵盖主网支持、DApp 链接、实时行情显示及代币交易,用户可直接访问 Robinhood Chain 生态,完成代币化股票与 RWA 资产交易。

SecondFi Launches Asset Recovery Wallet Check Tool; Users Can Preliminary Check if Wallets Are Affected

Odaily, Cardano wallet service provider SecondFi has launched an asset recovery wallet check tool, allowing users to preliminarily check whether their relevant wallets have been affected by the previous security incident.SecondFi stated that the addresses currently displayed in the tool are based on the team's preliminary review data of the security incident and are not final. The list may not be complete and does not represent the final scope of recovery.

Morgan Stanley Bullish on GOOGL and META, True Valuation Undervalued by Over 30%

According to TechFlow Research, Morgan Stanley released an Internet Tracking Report, noting that Google and Meta's nominal EV/EBITDA multiples appear inexpensive (GOOGL 16.1x, META 8.9x), but after adjusting for stock-based compensation accounting treatment, the true multiple rises from 16.3x to 31.1x (+91%), still lower than the five-year average of 31.6x, implying that the true valuation of internet giants is undervalued by the market by more than 30%.

Lighter has been integrated into Robinhood Wallet, allowing users to trade perpetual contracts directly through the wallet.

Lighter officially announced on X that Lighter has now been integrated into Robinhood Wallet. Through this wallet, users can access native in-app perpetual contracts and tokenized stock trading supported by Lighter, and use USDG as the base quote asset.

ENS DAO Governance Crisis: Founder Unilaterally Blocks Security Council Renewal, Community Calls for Dissolving DAO

According to The Defiant, ENS DAO is facing a serious governance crisis. ENS co-founder Nick Johnson holds approximately 3.26 million ENS tokens, accounting for nearly 50% of all currently delegated voting power. On June 30, he voted against the on-chain binding vote for the Security Council renewal, causing the proposal to fail with 82% opposing votes; the Security Council authorization will expire on July 24. Previously, Johnson also self-delegated a significant amount of voting power to support a proposal to transfer the DAO operating wallet, ENS token holdings, and the endowment managed by Karpatkey to the ENS Foundation's five-member board, triggering strong community skepticism regarding "governance capture." Rotki founder Lefteris Karapetsas stated plainly "DAO is dead," while Security Council member Brantly Millegan characterized the proposal as "fiscal capture by ENS Labs." In response, "The DAO" original code author Christoph Jentzsch publicly proposed directly dissolving ENS DAO, suggesting destroying the ENSv2 universal router key and distributing remaining funds to formally transform the protocol into public infrastructure. Currently, Security Council on-chain voting will close on July 5, ENS Labs COO Katherine

Cantor Fitzgerald: Bitcoin Bear Market May Be Nearing the End, Expected to Bottom Out Around October

According to CoinDesk, Wall Street bank Cantor Fitzgerald issued a research report indicating that the crypto market is entering the final phase of the current bear cycle. As of June 10, Bitcoin has declined approximately 51% from its 2025 peak, with 252 days having passed since the peak. Synthesizing the past three market cycles, BTC bottoms on average 384 days after the peak; based on this, the low point of this cycle is projected to appear around the end of October. Analysts also noted that the model is not a precise timing tool, and macro, regulatory, and geopolitical risks remain. Regarding network value assessment, Cantor believes Hyperliquid is the prime example of fee-driven token economics, Bitcoin remains the benchmark monetary asset, and Ethereum serves as the primary collateral layer for on-chain finance; Solana, Sui, XRP, and Zcash each possess differentiated advantages, but still need to prove that their ecosystem growth can translate into sustained token demand.

Investigative journalist: Polymarket's official founding narrative is inaccurate, with deep ties to Peter Thiel and Israeli interests

investigative journalist Whitney Webb has published a series of articles on the origins and ambitions of Polymarket, questioning its official founding narrative.Whitney Webb stated that Polymarket's official claim that "Shayne Coplan founded the company alone in 2020, starting it in a bathroom" is not true. She believes that Polymarket's origins can be traced back to an earlier company, TokenBnk, and that it is linked to a crypto company founded by the nephew and niece of Israeli Prime Minister Benjamin Netanyahu.Webb also stated that Polymarket is essentially a product of Peter Thiel and his team's attempt to revive the Pentagon's early controversial project, the Policy Analysis Market (PAM). This project was previously cancelled due to controversy, and Polymarket can be seen as its "privatized rebirth."

OFAC updates ISIS-K sanctions list, adds 134 cryptocurrency wallet addresses; Tether has frozen all TRON address balances

According to Chainalysis, the U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC) updated its sanctions list against ISIS-K (Islamic State Khorasan Branch) on July 1, adding 134 cryptocurrency wallet addresses, of which 131 are on the TRON chain and 3 are Monero addresses. On-chain data shows that the aforementioned TRON wallets have cumulatively received over $1.4 million since 2023 and transferred out over $880,000, with some funds flowing to Syrian crypto exchangers. Currently, Tether has frozen the balances of all 131 TRON addresses. Additionally, on the same day, OFAC also sanctioned two Brazilian individuals and four companies related to the Latin American criminal organization "Primeiro Comando da Capital" (PCC), accusing them of using cryptocurrency to transfer over $30 million in illegal proceeds across borders from the United States to Brazil.

Ripple reveals eight RLUSD developments involving payments, exchanges, and cross-chain infrastructure

Jack McDonald, Senior Vice President of Ripple's stablecoin business, disclosed eight recent developments regarding RLUSD in a post on X on June 29, covering settlement, regional access, on-chain liquidity, cross-border payments, multi-chain support, exchange listings, charity, and the Japanese market. Mastercard has expanded its settlement capabilities to support RLUSD across eight blockchain networks, including the XRP Ledger. Ripple has also expanded RLUSD's availability in Turkey through partnerships with BiLira, Bitexen, and Bitlo, and collaborated with Bitso to enable RLUSD and MXNB to support liquidity and cross-border transactions via the XRP Ledger's Permissioned DEX. RLUSD has also achieved multi-chain support through Wormhole Native Token Transfers and entered the Japanese market via SBI VC Trade after receiving approval from the Japan Financial Services Agency. Additionally, RLUSD has been listed on exchanges such as Gate and Floq, integrated with the cross-chain infrastructure provider Squid Router, and Ripple has joined Water's GetBlue campaign as its exclusive digital asset and payment partner.

dYdX Trading Inc. 与 Robinhood 合作推出去中心化交易所 Arcus

据 dYdX 基金会官方声明,dYdX Trading Inc. 宣布与 Robinhood 合作,基于 Robinhood Chain 推出全新去中心化交易所 Arcus,但该产品为独立基础设施,与 dYdX Chain 无关。dYdX Chain 交易、存款、取款、质押及治理等功能均正常运行,DYDX 代币的治理与质押机制保持不变,质押奖励继续以 USDC 形式发放。dYdX 基金会强调,其支持 dYdX 协议及社区治理的职责不变。

Robinhood launches commodities and ETF perpetual futures in Europe, supporting up to 10x leverage

According to Bloomberg, Robinhood Markets Inc. announced the launch of perpetual futures products linked to commodities, ETFs, and currencies in Europe. Eligible European users can trade perpetual contracts (no expiration date) on assets such as gold, silver, crude oil, and the EUR/USD exchange rate, with up to 10x leverage.

American Bitcoin, backed by the Trump family, to undergo a 1:15 reverse stock split to maintain Nasdaq listing eligibility

American Bitcoin, a Bitcoin mining company and treasury firm founded by Eric Trump and Donald Trump Jr., announced it will implement a 1:15 reverse stock split next week to meet Nasdaq's minimum $1 bid price requirement.The reverse stock split will take effect after the close of trading on Thursday, and will continue trading under the ticker ABTC at the adjusted price starting Monday. Under the arrangement, every 15 shares of Class A and Class B common stock will be automatically combined into 1 share, reducing the company's total outstanding shares from approximately 1.09 billion to about 73 million. The split plan was approved at the annual shareholders meeting in June.American Bitcoin's stock price fell to an all-time low of approximately $0.64 on Wednesday, with a year-to-date decline of over 64%. The company currently holds 7,500 BTC, making it the 16th largest publicly traded Bitcoin holder globally.

Trump’s Financial Disclosures Fuel Crypto Ethics Controversy; Democrats Demand Inclusion of Restrictive Clauses

U.S. President Trump’s newly released 927-page financial disclosure document reveals income including hundreds of millions of dollars in crypto-related earnings. Among these are millions of dollars in revenue linked to World Liberty Financial, the DeFi project launched by the Trump family in 2024. This disclosure has heightened the urgency of congressional negotiations over ethics provisions within the Clarity Act, the crypto market structure bill.Currently, bipartisan lawmakers are negotiating the Clarity Act, which aims to establish the first comprehensive federal crypto regulatory framework in the United States. A key focus of the negotiations is whether to include ethics restrictions preventing the President, Vice President, members of Congress, and other federal officials from profiting from digital assets while in office.Following the document's release, Democratic lawmakers reiterated that the bill must contain strict ethics clauses. Senator Angela Alsobrooks stated that such restrictions should apply to the President, Vice President, and all members of Congress. She noted that ordinary Americans should benefit from digital assets in a fair and honest manner, rather than allowing political figures to profit through corruption and institutional loopholes.Senator Kirsten Gillibrand also indicated that both parties are still advancing stringent ethics reforms, proposing to prohibit the President, Vice President, and lawmakers from using crypto assets for personal gain. Meanwhile, Elizabeth Warren argued that if the Clarity Act fails to prevent the President, members of Congress, and their families from profiting from the crypto industry, the bill would further fuel controversies surrounding Trump-related crypto corruption.Republicans, for their part, stated that ethics clauses remain part of the bipartisan negotiations. With the July window for advancing the Clarity Act approaching, the disclosure of Trump family crypto income could become a key variable influencing the final text of the bill and the level of Democratic support.

Robinhood Chain Mainnet Launches, Simultaneously Introducing Tokenized Stocks, Perpetual Contracts, and AI Agent Trading

Robinhood has announced the official launch of the public mainnet for its proprietary Layer 2 network, Robinhood Chain. Built on the Arbitrum technology stack, the chain is positioned as an institution-grade, permissionless, AI-native network specifically designed for Real World Assets (RWA).Robinhood Chain's launch partners include Uniswap, Pleiades, Alchemy, BitGo, and Chainlink. Among them, Uniswap will deploy a dedicated AMM on the chain as the primary public liquidity protocol, while Pleiades will deploy its own AMM as the primary proprietary trading venue. The chain will also offer basic DeFi functionalities such as lending.Eligible users can trade tokenized stocks 24/7 on Robinhood Chain. Simultaneously, Robinhood Earn will introduce USDG-based decentralized lending products within the main app. In certain jurisdictions, the new version of Robinhood Wallet will also support access to Lighter's perpetual contract trading.Robinhood also announced the expansion of its European perpetual contract product range, its official entry into the Canadian market, and the acquisition of a Singapore Capital Markets Services license. Furthermore, Agentic Accounts for crypto trading are planned to begin rolling out in the US soon, allowing AI agents to participate in trading and fund management.Robinhood stated that this update represents its most ambitious global expansion and product vision to date, with the goal of establishing a more direct connection between traditional finance and DeFi, integrating stocks, crypto, RWA, perpetual contracts, and AI trading into a unified financial experience. (The Block)

Ethlabs Researcher Says ETH Lacks a Clear Value Narrative

Odaily News: Former Ethereum Foundation researcher and Ethlabs member Ansgar Dietrichs stated on Laura Shin’s Unchained podcast that ETH, after failing to break through the $5,000 mark in five years, still lacks a clear value narrative. Ethlabs was established on June 22 by five former Ethereum Foundation researchers and is supported by Bitmine, Sharplink, and Consensys founder Joe Lubin. On-chain analytics firm Cryptoquant reports that over 32% of the total ETH supply, approximately 39.5 million ETH, is currently staked, while exchange balances continue to decline. The firm also noted that Ethereum’s daily active addresses and smart contract activity have reached record highs, yet the price of ETH has fallen more than 50% from its cycle high.

STBL Launches RWA-Backed Stablecoin USST on Stellar

on July 1, 2026, STBL launched the institution-grade stablecoin USST on the Stellar network. This stablecoin is backed by real-world assets, with the initial minting collateral being the tokenized Treasury bill USDY. USST is built on STBL's Stablecoin 2.0 infrastructure, allowing market participants to deposit eligible real-world assets, such as tokenized Treasury bills or money market funds, to mint USST. It supports settlement, collateral liquidity, and cross-border payments. STBL plans to add Franklin Templeton's BENJI as a second collateral option but has not yet set a date for the BENJI collateral integration, nor has it disclosed the initial minting size of USST on Stellar.

Venice AI Completes $65 Million Funding Round at $1 Billion Valuation

Venice AI founder Erik Voorhees announced on Wednesday that the company has completed its first external funding round, raising $65 million at a $1 billion valuation. The round was led by Dragonfly, with participation from North Island Ventures, Coinbase Ventures, Archetype, Liquid2 Ventures, and Morgan Creek. Launched in May 2024, Venice AI is a privacy-focused AI chatbot alternative platform designed to prevent storing user conversations on centralized company servers. Voorhees stated that Venice AI has surpassed 3 million users and has already achieved profitability in the first quarter. Voorhees said the new capital will be used to expand the Venice platform, which provides access to major open-source and proprietary AI models through a single interface and API. The annual issuance of Venice AI's native token, VVV, was reduced to 3 million tokens on Wednesday, used to reward token holders who support the network by staking VVV.