A whale bought 107,865 HYPE at an average price of $34.96

According to GlobeNewswire, K Wave Media (NASDAQ: KWM) today announced a $500 million convertible note agreement with Anson Funds, along with a previous $500 million standby equity purchase agreement with Bitcoin Strategic Reserve, bringing its total capital capacity to $1 billion. The company has completed its first 88 bitcoin purchase and plans to use at least 80% of the net proceeds from the financing for bitcoin acquisitions, with the goal of expanding to 10,000 bitcoins as soon as possible.

Nasdaq-listed GameSquare announced that it has spent $5 million to buy 1,818.84 ETH to support its Ethereum treasury, which it previously announced will be built in phases totaling up to $100 million. As an initial funding arrangement, the company will issue 8,421,054 shares of common stock or its equivalent securities at $0.95 per share, with proceeds raised before fees expected to be approximately $8 million.

According to Lookonchain, the wallet address linked to Cumberland has just withdrawn another 25,000 ETH (~ $69.56 million) from Binance.

Mr. Trump said the latest tariff rates were based on a combination of common sense, trade deficits and how the US has been treated over the years. But the letter to Brazil suggests Mr. Trump also sees tariffs as a tool to influence foreign policies he disagrees with. One optimistic interpretation is that Brazil's tariffs mean little to other countries' tariff-setting. Irving Tedford, a senior analyst at Beacon Policy Advisors, said the August 1 deadline gave Brazil a negotiating mandate.

Michael Mo, CEO of KULR Technology, announced in a post on the X platform that the company has spent $10 million to increase its holdings of 90 BTC, with an average purchase price of $108,884, and the year-to-date bitcoin yield has reached 291%. As of now, KULR Technology's total bitcoin holdings have reached 1,021.

The number of people applying for unemployment benefits in the week of July 5 227,000, and it is expected to 235,000. (Jin Ten)

Brazil is considering filing a complaint with the World Trade Organization against Trump's trade measures.

According to Whale Alert monitoring, Tether Treasury issued 1 billion USDT in the Tron chain.

Stablecoin startup Agora announced the completion of a $50 million Series A funding round led by Paradigm. After the company completed a $12 million seed round last year, Agora hopes to create its own stablecoin AUSD, a cryptocurrency pegged to underlying assets such as the U.S. dollar.

According to official news, YZi Labs announced a strategic investment in blockchain infrastructure platform Aspecta to provide price discovery and lifecycle liquidity for illiquid assets such as pre-issued shares, lock-in tokens, private equity, risk-weighted assets, and more.

After Trump announced the tariff measures, the Brazilian interest rate futures market opened sharply higher, and Brazilian stock index futures fell 1.3%.

Gold rose 3330 blocked, is the bullish momentum still strong? What do you think of the US market tonight? Golden Ten researcher Steven is live, watch now > >