US-US trade deal boosts sentiment, US oil futures close up 3%

The Trump administration has discussed potentially helping Iran secure up to $30 billion for a civilian nuclear energy program, easing sanctions and unfreezing billions of dollars of restricted Iranian funds, according to four people familiar with the discussions.

Federal Reserve Governor Barr: Monetary policy is in a good position to wait and see how economic conditions change.

According to Coinglass data, the unpositioned squaring position of the bitcoin futures contract on the whole network is 687,990 BTC (about $73.77 billion). Among them, the unpositioned squaring position of the CME bitcoin contract is 163,180 BTC (about $17.49 billion), ranking first; the unpositioned squaring position of the Binance bitcoin contract is 111,130 BTC (about $11.91 billion), ranking second.

Tim Scott, chairperson of the U.S. Senate Banking Committee, said the crypto market structure bill will be completed by September 30, which is beyond the August deadline previously set by Trump.

According to the Wall Street Journal, CoreWeave is in talks to acquire Core Scientific. About a year ago, the artificial intelligence company tried and failed to acquire the digital infrastructure company. A deal could be finalised in the next few weeks as long as talks do not stall, according to people familiar with the matter. The exact terms of the talks are unclear, but Core Scientific has been growing rapidly recently and could command a significant premium. CoreWeave provides cloud infrast...

Core Scientific grew by 7.9% on the news that CoreWeave is in talks to acquire Core Scientific.

According to TechCrunch, Meta has hired Trapit Bansal, an influential OpenAI researcher, to work on AI inference models in the company's new AI superintelligence division. Bansal's addition could provide an important boost to Meta's AI superintelligence lab, which has already brought together industry leaders including former ScaleAI CEO Alexandr Wang, former GitHub CEO Nat Friedman and Safe Superintelli.

According to Bitcoin Laws, the US House of Representatives has passed a bill directing the Department of Commerce to promote blockchain technology. The bill, called the Deploying American Blockchains Act, requires the Department of Commerce to: 1. Develop policies to enhance U.S. competitiveness; 2. Coordinate the adoption of blockchain technology across agencies; 3. Issue relevant guidelines; 4. Support the development of open-source infrastructure.

Headquartered in Dubai, RWA Tokenization Infrastructure Byzanlink announced the completion of a $1 million private funding round, with participation from Outlier Ventures, NTDP Arabia, Smart IT Frame, Sensei Capital, as well as Salla co-founder Salman Butt and Smart IT Frame CEO Murali Kulala. The new funds will support its construction of a blockchain tokenization platform, aiming to convert private equity, credit or real estate into blockchain-native financial products.

According to an official Federal Reserve announcement, OpenAI CEO Sam Altman will deliver a keynote speech on bank capital and regulation at the Federal Reserve Board of Governors meeting on July 22.

Inference Labs, which focuses on building a crypto trust layer for AI agents and off-chain computing, announced that it has completed a $6.30 million financing, led by DACM and Delphi Ventures, with participation from Arche Capital and Lvna Capital. It is reported that the original financing includes a $1 million Echo Syndicate community round led by Native Capital. The new funds are intended to support its construction of a decentralized verification architecture that allows AI computing to rem...

Arkham announced the launch of AI-driven trading end point Arkham Insights, designed to discover and analyze key market events, helping users find valuable signals in the complex information, enabling intelligent trading. Arkham Insights uses the world's largest public database of on-chain intelligence, combining trading platform data, macroeconomic data, market sentiment, news, and other multi-dimensional information to provide a comprehensive market overview.