Ledger partners with Exodus to launch XO Swap, a cryptocurrency Swap aggregator

Former US President Joe Biden criticized Trump's "big and beautiful" tax and spending bill in a post on the social media platform "X". Biden said the Republican budget bill was not only reckless, but cruel. It cut Medicaid and took away health care from millions of Americans. It closed rural hospitals and cut food assistance for veterans and the elderly. It raised energy bills and could lead to a big Medicare...

On July 3 local time, the House of Representatives of the United States Congress held a final vote on President Trump's massive tax cuts and spending bill, the so-called "Big and Beautiful" bill. The bill has now received enough votes to pass in substance. It is expected that the bill will be sent to the White House next, and it will be officially enacted after being signed by President Trump.

U.S. Treasury Secretary Bescent: A large number of trade deals are expected to be reached by July 9. About 100 countries are expected to receive at least 10% reciprocal tariffs. Several trade agreements will be announced.

Jeffries, the leader of the Democratic Party of the United States, broke the record for speaking time in the House of Representatives for more than eight hours in an attempt to delay the passage of the "Big and Beautiful" bill. Jeffries used his speaking time to read letters from voters who may be affected by cuts to the social security safety net program, and to name those Republicans who are about to support the bill. The speech was the last resort for Democrats to delay the passage of the bil...

U.S. Treasury Secretary Vincent said the market is signaling a rate cut by the Federal Reserve. U.S. Treasury Secretary Vincent Bescent declined to give a specific answer when asked if he agreed with Trump's request for a rate cut from the Federal Reserve.

U.S. Treasury Secretary Vincent said he expects stablecoin legislation to boost demand for U.S. Treasury bonds.

Ondo Finance and Pantera Capital have teamed up to launch Ondo Catalyst, which plans to invest $250 million in real-world asset (RWA) tokenization. Ondo Catalyst will aim to promote the assets issued by the project on the chain through equity investment and project tokens.

Market news: OPEC + discussed increasing oil production 411,000 barrels per day in August, delegates said.

Mr. Trump will decide whether to extend talks with trading partners beyond a July 9 deadline, Treasury secretary Vincent Bescent said. "We're going to do what the president wants, and it's up to him to decide whether they're negotiating in good faith," Mr. Bescent said when asked on CNBC on Thursday if an extension was possible. Mr. Bescent said he met with the European Union trade representative on Thursday morning and said the US trade representative...

The total number of oil rigs in the United States in the week to July 4 was 425, compared with 432 previously.

On July 4th, U.S. stocks closed early on Thursday, with the Dow up 0.7%, the S & P 500 up 0.8%, and the Nasdaq up more than 1%. Technology stocks generally rose, with NVIDIA (NVDA. O) rising 1.3%, its intraday market value hitting an all-time high, and Apple (AAPL. O) rising 0.5%. The Nasdaq China Golden Dragon rose 0.4%, Alibaba (BABA. N) fell 1.8%, and XPeng Motors (XPEV. N) rose 2.6%.

Web3 gaming platform Distinct Possibility Studios has completed a $30.50 million funding round, led by Bitkraft Ventures and Brevan Howard Digital, with participation from Tezos Foundation, Hashed, Delphi Ventures, Shima Capital, North Island Ventures and Decasonic. The studio, founded by EverQuest co-founder John Smedley, will support the development and launch of its AAA-rated shooter Reaper Actual, which is expected to be launched on Steam and Epic Games.