CoinWorld News reports that, in an early issuance report, a July 2 snapshot shows that BlackRock transferred 3,625 BTC and 20,598 ETH to Coinbase. In addition, Democratic Senator Warren said legislation is needed to prevent Trump from obtaining more crypto gains. Federal Reserve Chair Warsh pointed out that inflation risks have declined, and whether to raise interest rates in July will be discussed internally. Trump earned more than $1 billion from Bitcoin and cryptocurrencies in a year. A Bitcoin ETF recorded a net outflow of 2,708 BTC in a single day, and a 7-day cumulative net outflow of 34,081 BTC. The U.S. Philadelphia Semiconductor Index fell by more than 5%, Micron fell by more than 8%, and Intel fell by more than 7%. Over the past 24 hours, the entire network liquidated $1.444 billion, including $1.310 billion in liquidations of BTC long positions.