A Wall Street Journal survey of economists found that the economic impact of the war with Iran was far below what economists had previously feared, but that inflation had become more persistent and left the Federal Reserve with less room to cut interest rates. According to Jin10, the Wall Street Journal conducted the survey this month and reported that economists’ views shifted notably compared with an April survey taken about one month after the outbreak of hostilities. Forecasters expected the U.S. economy to grow 2.1% this year, based on inflation-adjusted gross domestic product measured from the fourth quarter of 2025 to the fourth quarter of 2026, up from an April estimate of 2.0%. Economists’ average expected probability of a recession over the next 12 months fell to 25% from 33% in April, marking the lowest level since early 2025. At the same time, economists raised their inflation forecasts. They expected the consumer price index to rise 3.4% over the 12 months through December, compared with 3.2% in the April survey. The survey said inflation concerns had overtaken the war-related boost to energy costs. Economists also forecast that the personal consumption expenditures inflation measure excluding food and energy, which Fed officials closely monitor, would rise 3.2% in 2026, above the April forecast of 2.9%.

Stablecoins, AI Agents, Artificial Intelligence, x402: Why are they hot again? Cloudflare, stablecoins, and AI Agents are rewriting internet charging models. Golden Finance: June trading baseline doubled.

Michael Saylor’s latest Orange Dot post suggested that MicroStrategy (MSTR) will not announce a new Bitcoin purchase tomorrow. According to Odaily, the post was interpreted as indicating no new BTC acquisition announcement is expected.

Investors are rotating beyond AI winners in emerging markets, where just three technology stocks worth $4.4 trillion account for an outsized share of returns, according to Bloomberg.

A U.S. official denied Iran's claim that facilities at a U.S. military base in Jordan were damaged. According to Jin10, the official said there were no U.S. casualties, and that most of the missiles and drones launched by Iran were intercepted or shot down. The official added that there were currently no reports of major damage to U.S. facilities. Earlier, Iran's Islamic Revolutionary Guard Corps said its attack on the Prince Hassan Air Base in Jordan had destroyed the base's command-and-control center and an MQ-9 drone hangar.

This week, 10 blockchain startups raised a total of $266 million in funding. Gauntlet raised $130 million in a funding round led by SBI Holdings (SBI Group), the largest funding round of the week.

Strategy founder and executive chairman Michael Saylor posted another update related to the company’s Bitcoin Tracker, writing, “Orange dots tell only part of the story.” According to Odaily, based on a prior pattern, Strategy typically discloses additional Bitcoin purchases the day after such posts are published.

Pakistan Virtual Assets Regulatory Authority (PVARA) chairman Bilal bin Saqib has urged continued dialogue on how digital assets should be treated under Islamic law following a meeting with prominent scholar Mufti Taqi Usmani, who backed a ruling against purchases made with crypto. According to Cointelegraph, Saqib said the discussion covered blockchain technology, digital assets, stablecoins and tokenized real-world assets (RWAs), alongside the need to protect Pakistanis from fraud, exploitation and financial harm. Saqib argued that different categories of digital assets require “careful technical assessment alongside rigorous Shariah examination, rather than being viewed through a single lens.” He did not directly dispute the ruling’s conclusion, but emphasized the importance of ongoing engagement among scholars, regulators and industry participants to clarify distinctions across digital-asset types and their use cases. The exchange underscores the challenge Pakistan faces as it seeks to develop a regulated crypto market while navigating religious objections that may influence public acceptance in a country where 231.7 million people, or 96.35% of the population, identified as Muslim in the 2023 census. The religious scrutiny comes as Pakistan advances a formal framework for virtual assets after years of restrictions. According to Pakistani newspaper Dawn, Usmani and five other scholars signed an Islamic legal ruling issued by Jamia Darul Uloom Karachi on Friday. The ruling reportedly stated that purchases made with crypto, including stablecoins such as USDT, were not permitted because digital tokens did not qualify as recognized property or wealth under their interpretation of Islamic law. Saqib said he told Usmani that blockchain, digital assets, stablecoins and tokenized RWAs represent a broad range of technologies and applications, reinforcing his view that regulatory and religious assessments should consider these categories separately. The debate unfolds as Pakistan transitions toward a licensed virtual-asset sector: on April 15, the State Bank of Pakistan allowed banks to open accounts for virtual asset service providers (VASPs) licensed by the PVARA, ending an eight-year restriction on regulated institutions dealing with crypto. The move followed the passage of Pakistan's Virtual Assets Act 2026 in March, which established PVARA as the statutory body responsible for licensing and oversight of virtual asset activities.

According to CNBC, a Verasight poll of 1,690 U.S. adults conducted in June found 69% support forcing AI companies to transfer 50% of their stock to a public sovereign wealth fund. The report cited Sen. Bernie Sanders’ proposed American AI Sovereign Wealth Fund Act, which would give the public a 50% stake in the largest AI companies in the U.S., and noted Goldman Sachs Senior Global Economist Joseph Briggs estimated more than 9% of the labor force, or about 15 million workers, could lose jobs over a 10-year AI transition period, though he expects the losses to be temporary as new jobs are created over the long term.

Americans using prediction markets to bet on the World Cup may face a lighter tax burden than those wagering through sportsbooks, due to tax breaks aimed at investments, according to Bloomberg.

On July 10, Kimi, a subsidiary of Moon's Dark Side, in conjunction with the Agricultural Bank of China and American Express, officially launched the "world's first AI-native credit card".

It is not a single upgrade, but a series of protocol improvements to be implemented in stages over the next three to four years, covering almost every core module of the protocol, from verification methods, cryptography, finality to state storage, all of which are completely reconstructed.

The war of words between Musk and Sam Altman has escalated again, coinciding with the release of flagship new models by their respective AI companies in the same week, making the competition extremely heated.

Artificial intelligence, India, OpenAI, the world's most populous country has been shorted by AI. Golden Finance reports that the first country to be shorted by AI has emerged.

Tushar Jain, Managing Partner of Multicoin Capital, recently shared his views on the current crypto market on the podcast "When Shift Happens".

Global financial markets appear calm on the surface, but undercurrents are turbulent: Federal Reserve Chairman Warsh reduced forward guidance, amplifying policy uncertainty, and the yen fell below the 162 mark, triggering another carry trade margin call crisis.

Seven months ago, when Jiangyou talked about his AI comic factory on the "Crossroads" podcast, titled "Unveiling the Thousand-Person 'AI Comic Factory': Wild Growth and Content Ideals | Conversation with Jiangyou," he was still full of vigor.

Robinhood, DeFi, Project, Robinhood Chain is a hit: Why are these DeFi projects the real beneficiaries? Jinse Finance, Four beneficiaries each reaping different benefits.