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According to PYMNTS, the new cryptocurrency tax in Illinois, USA, will take effect on January 1, 2027. The law firm Jones Day stated that any brokers with business exposure in Illinois should begin registration preparations as soon as possible and review existing record-keeping processes to meet the upcoming compliance requirements.

According to Cointelegraph, French Interior Minister Laurent Nuñez confirmed that there were 77 crypto-related kidnapping extortion cases in France in the first half of 2026, a significant increase from 45 cases in all of 2025. France is one of the largest hotspots for "ransomware attacks" globally, with about 11% of the population holding crypto assets. Authorities have launched a rapid alert system, with 724 people registered, and emergency measures have led to the arrest of 200 individuals. Nuñez pledged to implement a three-part plan to enhance security measures in the crypto industry, including strengthening intelligence sharing, deepening cooperation with ADAN, and improving coordination among security departments. CertiK stated that France has become a center for attacks due to several leading crypto companies and their executives being based locally, the presence of a "show-off culture and voluntary identity disclosure culture" within the community, and multiple sensitive data leaks.

According to Jinshi reports, CME's "FedWatch" shows that the probability of the Federal Reserve keeping interest rates unchanged in July is 66.3%, while the probability of a cumulative rate hike of 25 basis points is 33.7%. By September, the probability of keeping interest rates unchanged drops to 33.1%, the probability of a cumulative rate hike of 25 basis points rises to 50%, and the probability of a cumulative rate hike of 50 basis points is 16.9%. These figures are consistent with those released before the ADP announcement.

According to SoSoValue data, the cryptocurrency sector has generally declined, with the Layer2 sector dropping 3.57% in 24 hours. Among them, Mantle (MNT) fell 4.97%, Starknet (STRK) fell 4.93%, and Celestia (TIA) fell 9.54%. At the same time, Bitcoin (BTC) dropped 1.89%, falling below $59,000; Ethereum (ETH) fell 0.98%, dropping below $1,600.In other sectors, the PayFi sector declined 0.29%, but Stellar (XLM) rose 11%; the CeFi sector fell 0.87%, with Binance Coin (BNB) down 1.19%; the Meme sector dropped 1.05%, while MemeCore (M) rose 22.6%; the Layer1 sector fell 1.41%, with Cardano (ADA) relatively strong, rising 1.32%; the DeFi sector dropped 2.79%, with LAB (LAB) down 14.83%. Additionally, the SocialFi and NFT sectors remained relatively strong, rising 0.5% and 0.54%, respectively. Within the SocialFi sector, Gram (GRAM) rose 1.01%; within the NFT sector, Audiera (BEAT) rose 7.87%.

The cryptocurrency research institution Decentralised.co (DCo) recently released a report indicating that the core driving force of the Web3 industry is shifting from asset speculation to practical applications centered around stablecoins and asset tokenization. Data shows that last year, the global on-chain transaction volume of stablecoins reached $33 trillion, with particularly strong demand for digital dollars in emerging markets such as Latin America.The report points out that the improvement of infrastructure is driving transformations in several core areas. On one hand, the barriers to building new on-chain banks have significantly lowered, accelerating the implementation of business scenarios such as cross-border payroll; on the other hand, leading institutions like Kraken are actively integrating tokenized assets, promoting the globalization of trading traditional financial assets like U.S. stocks. Furthermore, as the proportion of AI agents in network traffic continues to rise, stablecoins are gradually becoming the underlying payment network for instant settlement, thereby giving rise to new service demands for agent payments and risk assessment.

According to Jinshi reports, CME's "FedWatch" shows that the probability of the Federal Reserve keeping interest rates unchanged in July is 70.1%, while the probability of a cumulative rate hike of 25 basis points is 29.9%. By September, the probability of keeping interest rates unchanged drops to 37.2%, while the probability of a cumulative rate hike of 25 basis points rises to 48.8%, and the probability of a cumulative rate hike of 50 basis points is 14.1%.

Regarding the digital credit capital framework announced by Strategy, the Ethereum treasury company BitMine (NYSE: BMNR) commented that this framework consolidates the structural relationship between capital markets and Bitcoin, which should enhance investor confidence in the Strategy approach.BitMine believes that investor concerns typically only arise during Bitcoin downturns; if the Bitcoin price were at $100,000, few would question the strategy. Therefore, Strategy needs to prove that it has enough capital to withstand downturn cycles; raising the capital buffer to over 26 months is a wise move. According to its calculations, since 2009, with a rolling period of 36 months, the probability of negative returns for Bitcoin is less than 0.8%, and a reserve size of 26 months is sufficient for Strategy to safely navigate such fluctuations.

According to the latest social media news from CoinGecko, Gate is competing with platforms like Coinbase and OKX for the increase of EU users. Gate continues to advance its European compliance process, and Gate Group's Malta entity, Gate Europe, has obtained European MiCA and PI licenses under the supervision of the Malta Financial Services Authority (MFSA), strengthening its global compliance framework.In addition, relying on a rich array of trading products, robust platform services, and global operational capabilities, Gate actively meets the growing demand for digital asset trading in the European market. This layout not only enhances Gate's localized service capabilities in the European market but also provides solid support for the platform in terms of user trust, fund security, compliance operations, and long-term market expansion, highlighting its compliance competitive advantage among global crypto trading platforms.

According to a report by The Paper, the embodied intelligence company Zhi Ping Fang has recently completed a series of new financing, with a total amount of nearly 5 billion yuan (approximately 700 million USD), and a valuation exceeding 20 billion yuan, making it the first embodied intelligence company in the Guangdong-Hong Kong-Macao Greater Bay Area to officially surpass a valuation of 20 billion yuan. Zhi Ping Fang stated that after the completion of this financing, it will accelerate the iteration and large-scale production process of the "robot brain," further solidifying its integrated capabilities of "model × hardware × scenario."

According to Jinshi reports, CME's "FedWatch" shows that the probability of the Federal Reserve keeping interest rates unchanged in July is 69.5%, while the probability of a cumulative rate hike of 25 basis points is 30.5%. By September, the probability of keeping interest rates unchanged drops to 40.4%, while the probability of a cumulative rate hike of 25 basis points rises to 46.9%, and the probability of a cumulative rate hike of 50 basis points is 12.8%.

According to the Financial Times, Apple is lobbying the Trump administration for approval to purchase memory chips from Chinese chipmaker Changxin Storage. Due to multiple factors leading to a rise in memory prices, Apple unusually raised the prices of MacBook and iPad on Thursday, resulting in a market value loss of $263 billion. Apple hopes to alleviate the financial pressure from suppliers by including Changxin Storage in its list of memory suppliers.Changxin Storage and Yangtze Memory Technologies have currently been placed on the U.S. Department of Defense's blacklist of Chinese military companies (the 1260H list). The U.S. Department of Commerce had planned to add Changxin Storage to the entity list last year, but the White House postponed the plan due to ongoing trade negotiations with China at that time. Currently, aside from Chinese companies, the global memory chip industry is mainly dominated by three companies: U.S.-based Micron, and South Korea's Samsung and SK Hynix.

According to Jinshi reports, Federal Reserve's Williams expects the U.S. economic growth rate to be 2.25% in 2028, and the unemployment rate will drop to 4%.

According to The Block, since June 2026, the Google search volume related to "stablecoins" has dropped to 31, a significant decline from 98 in May and down over 69% from the historical peak of 100 in August 2025. Even if the current trend is annualized, the search volume in June is only about 45, with a month-on-month decline of approximately 54%.At the same time, the total supply of global stablecoins has fallen by about $5 billion after reaching a peak of around $300 billion in early June, with a cumulative growth of only 0.23% this year, far below the growth rates of 56% in 2024 and 46% in 2025.The report points out that the peak in search volume in August 2025 coincided closely with the advancement of the GENIUS Act and announcements from institutions like Stripe, Visa, and Mastercard regarding the issuance of stablecoins. The current decline in both search volume and supply indicates that 2025 may have been the stage for large-scale retail user adoption, and there is currently no new large-scale retail incremental capital flowing in at the same cost.

According to Jinshi reports, CME's "Fed Watch" shows that the probability of the Federal Reserve keeping interest rates unchanged in July is 65.8%, while the probability of a cumulative rate hike of 25 basis points is 34.2%. By September, the probability of keeping interest rates unchanged is 32%, the probability of a cumulative rate hike of 25 basis points is 50.5%, and the probability of a cumulative rate hike of 50 basis points is 17.6%.

According to 10x Research analysis, Ethereum is currently at a support level of $1,600. If this level is broken, the next target will be $1,200—this is the retracement level since the FTX collapse. The current price of Ethereum is below the 7-day and 30-day moving averages, with a weekly decline of 7.4%. The recent 20% layoffs at the Ethereum Foundation have triggered a significant price drop, while warnings of a funding crisis after the key developer incentive program expired have further dampened market sentiment.Continuous net outflows from the spot Ethereum ETF and weak institutional demand severely limit upside potential. On-chain data shows that asset accumulation has reached multi-year lows, while an increase in transaction failure rates has led to a cooling of network demand. This week, market news is sparse, and the main price-driving factors remain macro headwinds: the Federal Reserve's hawkish stance, a strengthening dollar, and stock market volatility.

According to SoSoValue data, the cryptocurrency market has fallen for three consecutive days, with the Meme sector dropping significantly by 13.75% in the last 24 hours. Among them, MemeCore (M) fell by 67.51%, and Pump.fun (PUMP) dropped by 10.9%; the NFT sector decreased by 9.99%, with Audiera (BEAT), which surged yesterday, falling by 22.63%. Meanwhile, Bitcoin (BTC) dropped by 3.36%, briefly falling below $60,000; Ethereum (ETH) decreased by 3.35%, dropping to around $1,600.In other sectors, the CeFi sector fell by 2.33% in the last 24 hours, with NEXO (NEXO) down by 3.59%; the PayFi sector decreased by 3.18%, with Dash (DASH) down by 7.82%; the Layer1 sector fell by 3.07%, but Gram (GRAM) rose by 1.46%; the Layer2 sector decreased by 3.46%, but Optimism (OP) increased by 3.83%. Additionally, the DeFi sector performed well, rising by 1.69%, with Hyperliquid (HYPE) up by 2.04%, o1.exchange (O) up by 35.42%, and LAB (LAB) up by 19.6%.