Huachen Energy Co. plans to present a proposal to restructure its bonds, including $627 million in dollar-denominated notes, to investors as early as August, according to Bloomberg, citing people familiar with the matter. The Chinese power producer is making a fresh bid to ease liquidity pressure after a payment delay, the people said.

Fed President Austan D. Goolsbee said the latest Personal Consumption Expenditures (PCE) report was not entirely negative. According to Jin10, Goolsbee made the remarks while commenting on the PCE report, without providing further details in the report cited.

Chicago Fed President Austan D. Goolsbee said it is difficult to sort out the underlying pattern of inflation and hard to judge whether inflation is persistent or temporary. According to Jin10, Goolsbee said the inflation picture remains challenging to interpret, making it difficult to determine whether current inflation pressures will last or fade.

Tokyo consumer prices excluding fresh food rose 1.6% year-on-year in June, up from a 1.3% increase in May, according to comments from Takuya Hoshino. According to NS3.AI, Hoshino said the June reading is unlikely to lead the Bank of Japan to speed up interest rate hikes. The update points to a modest pickup in Tokyo’s core inflation measure compared with the prior month, while suggesting limited implications for the pace of BoJ policy tightening based on Hoshino’s assessment.

Two senior U.S. officials said Iran’s Revolutionary Guards attacked a cargo ship in the Strait of Hormuz on Thursday, testing a deal signed by the United States and Iran last week. According to Jin10, The Wall Street Journal reported that the agreement was intended to end the conflict and reopen the strategically important waterway.

Japan will keep fiscal sustainability in mind as it compiles budgets and makes investment decisions, Finance Minister Katayama said, according to Bloomberg. The comments followed Prime Minister Sanae Takaichi’s unveiling of a $2.3 trillion long-term investment roadmap alongside sweeping budget reforms.

Sony Interactive Entertainment CEO Hermen Hulst said in an email posted on the company’s website on June 25 that the company will cut a large number of roles at game developer Bungie after reviewing the studio’s long-term direction and development priorities, according to 36Kr. The layoffs will affect most members of Bungie’s Destiny team and part of the team working on Lost Starship: Marathon. Sony Interactive Entertainment teams that support Bungie’s operations will also be reduced.

Crypto KOL Ansem said Bitcoin’s current price offers a favorable buying opportunity, reiterating his long-term investment thesis despite previously holding a bearish stance. According to ChainCatcher, Ansem argued that Bitcoin’s core narrative remains intact, citing its resistance to government seizure, ability to move across borders quickly, and insulation from long-term U.S. dollar debasement as reasons it can serve as a long-term store of wealth. He noted that gold outperformed Bitcoin during 2024 to 2025, which he said weakened the “digital gold” narrative, but added that a return of price momentum could restore market confidence. On macro conditions, Ansem said that with the Strait of Hormuz reopening and inflation pressures potentially easing, the U.S. Federal Reserve’s hawkish stance may be near its peak, creating room for rate cuts rather than further hikes. He also said a strong dollar and rising rates have pressured gold, but added that if profit-taking in AI stocks leads capital to rotate into real estate, cash, and long-term value-storage assets, both gold and Bitcoin could benefit. Ansem also said institutional interest in Bitcoin remains, referencing Paul Tudor Jones. He said his earlier bearish view was tied to what he described as position risk around Strategy founder Saylor, and he previously doubted Bitcoin could hold $60,000. Ansem added that current price action appears to be pricing in a worst-case scenario in which Saylor is forced to sell, and said that even if such selling were required, it would not happen for at least six months. He concluded that Bitcoin is at the intersection of long-term historical support and what he views as extremely pessimistic market sentiment, calling entry in early Q3 a trade setup worth monitoring.

Trader Ansem said in a post on X that Solana has already bottomed. According to Odaily, Ansem said sentiment around SOL is extremely bearish, comparing it to 2023 when Solana fell to $8. He added that buying SOL at current levels and being prepared to hold for more than six months would be a good trade.

Arthur Hayes sold all his HYPE tokens, making about $823,000 profit and saying the money will help buy a Ferrari. He had recently predicted big gains for HYPE but warned that a large token release soon could push prices down.