AiCoin Daily Report (July 04)

1. The U.S. non-farm payrolls increased by 147,000 in June, exceeding expectations.

The U.S. released the non-farm payroll data for June, showing an increase of 147,000 jobs, exceeding the expected 110,000; the unemployment rate recorded at 4.1%, lower than the expected 4.3%. - Original

2. The probability of the Federal Reserve cutting interest rates by a cumulative 50 basis points in September is 21.8%.

According to CME's "FedWatch": The probability of the Federal Reserve keeping interest rates unchanged in July is 76.7%, while the probability of a 25 basis point rate cut is 23.3%. The probability of the Federal Reserve maintaining interest rates in September is 4.9%, with the cumulative probability of a 25 basis point rate cut at 73.3% and a cumulative probability of a 50 basis point rate cut at 21.8%. The "little non-farm" data released on Wednesday evening unexpectedly recorded a negative value, and the U.S. non-farm payroll data is about to be announced. - Original text

3. The cryptocurrency tax proposal not included in Trump's budget plan is being promoted separately.

Senator Cynthia Lummis has introduced a standalone bill aimed at achieving the same objective, which is to alleviate several tax issues related to digital asset activities. -Original

4. Ondo Finance and Pantera Capital plan to invest $250 million to promote RWA tokenization.

Ondo Finance has partnered with Pantera Capital to launch "Ondo Catalyst," planning to invest $250 million in the tokenization of real-world assets (RWA). Ondo Catalyst aims to promote the issuance of assets on-chain through equity investments and project tokens.

5. BlackRock's IBIT ETF income ranking jumped to third place.

Bloomberg senior ETF analyst Eric Balchunas disclosed that IBIT has now become BlackRock's 3rd highest income ETF, standing out among its total of 1,197 funds, just $9 billion away from taking the top spot. This is another remarkable achievement for an ETF that is only 1.5 years old (essentially still in its infancy). The attached image shows the list of the top ten income funds under BlackRock.

6. Bitstamp, under Robinhood, has officially entered the Asia-Pacific market by obtaining a license from Singapore's MAS.

The cryptocurrency exchange Bitstamp, owned by Robinhood, announced that it has obtained a major payment institution license issued by the Monetary Authority of Singapore (MAS), marking its official expansion into the Asia-Pacific region. According to previous reports, Robinhood completed a $200 million acquisition of Bitstamp.

7. Abu Dhabi Securities Exchange promotes the Middle East's first bond tokenization.

The Abu Dhabi Securities Exchange (ADX) announced the listing of the first blockchain-based bond in the Middle East and North Africa region. This bond is issued by First Abu Dhabi Bank (FAB) through HSBC's digital asset platform Orion and will be recorded and traded on a distributed ledger, accessible to global institutional investors through international settlement systems such as Euroclear. The CEO of ADX Group stated that this move lays the foundation for the subsequent launch of green bonds, Islamic bonds, and other types of tokenized assets. This issuance marks a significant advancement for the UAE in promoting the digitization of traditional financial assets.

8. Chile dismantles a transnational criminal network using cryptocurrency for money laundering.

Chilean authorities recently dismantled the money laundering network of the transnational criminal organization "Tren de Aragua" that utilized cryptocurrency, arresting 52 suspects. The organization transferred illicit proceeds to Venezuela, Colombia, the United States, and six other countries through bank accounts and crypto assets, with the total amount involved exceeding $13.5 million. Investigations revealed that the money laundering funds originated from criminal activities such as human trafficking, murder, and kidnapping. Mexican security experts pointed out that the organization mimics the methods of Mexican drug cartels, using the untraceable nature of cryptocurrency to conceal the flow of funds. Last year, the U.S. Department of the Treasury designated this organization as a transnational criminal group, accusing it of laundering money through cryptocurrency. -Original text

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