📢 Gate Square Daily | July 2

Good morning, crypto fam ☕📊
Here’s your quick but important market & industry wrap for today — where AI, macro events, and crypto momentum are all moving in sync.
1️⃣ AI Industry Update
Meta is reportedly expanding beyond social media and building a cloud computing business focused on AI services.
This move could directly position Meta as a competitor to major cloud leaders like AWS, Microsoft Azure, and Google Cloud, offering external customers access to AI computing power and advanced model infrastructure.
👉 If this develops further, it could intensify the global AI infrastructure race significantly.
2️⃣ Market Snapshot
Crypto markets are showing strength today:
🟡 BTC: $60,009 (+3.2% in 24h)
🔵 ETH: $1,609 (+3.4% in 24h)
Momentum is slowly building again, with altcoins watching Bitcoin’s next move closely.
3️⃣ Macro Watch
Big economic day ahead:
📉 The U.S. Non-Farm Payrolls (NFP) report drops today — a key indicator for jobs, inflation expectations, and Fed policy direction.
🎆 Note: U.S. markets will be closed tomorrow for Independence Day, which may reduce liquidity and increase volatility around today’s release.
4️⃣ AI Funding News
AI startup Venice AI has raised $65 million in a Series A round, led by Dragonfly.
This shows continued strong investor appetite for AI-focused infrastructure and applications.
5️⃣ Industry Insight
Investor Tom Lee commented that the Ethereum Foundation is actively working on improving financial infrastructure and regulatory alignment.
This highlights ongoing efforts to strengthen Ethereum’s long-term position in global finance.
📌 Final Thought:
Today is a mix of macro pressure + AI expansion + crypto momentum — a combination that often leads to increased volatility and opportunity.
Stay alert, stay informed. ⚡