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Wu Says learned that in the U.S., for the week ending July 11, the number of initial jobless claims recorded was 208,000, the lowest level since the week of May 2, 2026.

Coin World News: Yemen’s Houthi militants attacked Saudi Arabia’s Abha International Airport using ballistic missiles and drones.

CoinWires news: Treasury Secretary Scott Bessent announced that Trump will roll out a new $1 coin.

Subscribed single hit a nine-win streak, while the public single had 1 loss. After this trade reached the take-profit level, the remaining position was kept to break even, but it still ended up with a loss—however, it also managed to eat into profit.

Caixin reported that Lu Jun, former deputy head of the Shanghai Branch of the original China Development Bank, deputy general manager of China Development Bank Finance, and later took charge of the National Integrated Circuit Industry Investment Fund, was accused of accepting bribes totaling more than 700 million yuan. During the second supplemental prosecution of Lu Jun by the Baishan City Procuratorate, it was disclosed that he and his longtime colleague Du Yang accepted “kickback” payments totaling 12.18 million yuan in equity payments for Zhongqing Xingxin, as well as Bitcoin and other “benefits.” It is understood that the Bitcoin involved was obtained from Du Yang’s cooperative mining operations. Lu Jun’s defense attorney said that Lu Jun was not aware of Du Yang’s Bitcoin mining activities. On November 28, 2025, the presiding judge announced an adjournment of the trial; as of now, more than half a year has passed since the trial was adjourned, and no verdict has yet been issued in the case.

According to CrowdFundInsider, Circle Ventures, the investment arm of stablecoin issuer Circle, announced an investment in digital asset intelligence company Elliptic, with the specific amount undisclosed. Additionally, Elliptic has joined Circle's "Agentic Design Partner Program," aimed at advancing AI-driven financial services compliance systems. Circle noted that as autonomous AI agents (Agentic AI) become increasingly prevalent in the financial services sector, compliance and risk management mechanisms must evolve accordingly.

CoinWorld news: Junichi Makino, an economist at Mitsui Sumitomo Nichiko Securities, said that the Japanese Ministry of Finance’s recent suspension of foreign exchange intervention for up to one month is likely a strategic decision rather than tacit approval of yen weakness. Makino believes that, given market expectations of rising U.S. interest rates, the effectiveness of any intervention would be weakened, and the Japanese Ministry of Finance may consider it a wiser approach to pause foreign exchange intervention. Data from the Japanese Ministry of Finance shows that between May 28 and June 26, the department did not carry out any operations to buy yen.

CC tokenizes collectible card tokens on Solana. It batch-purchases cards through gacha, then resells them at lower prices, with a net profit margin of about 4.4% and user returns of roughly 2%. In May, the annualized revenue is about $1.2 billion, and gacha profit is about $54 million. In June, it may reach annualized revenue of $2.4 billion, with gacha profit of $109 million. The buyback has been initiated; liquidity is mainly on DEX, and in the future it will expand into areas such as sports cards, aiming to become a leading player in new collectibles financial infrastructure.

Coin World News, according to Whale Alert monitoring, 147,650,000 USDT (approximately $147.57 million) has just been transferred from an unknown wallet.

CryptoWorld News: American bankers are increasing lobbying efforts for stablecoin yields as the Senate gradually moves toward a floor vote.

CryptoWorld News, last week, the number of Americans filing for unemployment benefits decreased, indicating that the labor market remains in a "low layoffs" state. The U.S. Department of Labor released data on Thursday showing that for the week ending June 13, initial unemployment claims decreased by 4,000 to 226k, with market expectations at 225k. However, the continued claims for unemployment benefits rose to 1.81 million in the previous week. These data suggest that despite the energy price shocks triggered by the Iran conflict, the U.S. labor market remains resilient. The stronger-than-expected employment report for May further supports this view, showing that U.S. employers added 172k jobs. The related data eased market concerns about a significant slowdown in hiring activity and prompted investors to further bet on the Federal Reserve raising interest rates.

Lutke accuses Shopify of poisoning and manipulating the industry through GEO optimization; The Atlantic reveals that its official website's self-promotion rankings are almost entirely dominated by its own content, leading models like ChatGPT to trust its promotional articles. He advocates using credible non-fiction texts as sources, developing open-source QMD, and retrieving from trusted databases to resist public network advertising and GEO interference. However, Shopify's marketing still releases spam rankings to public networks, and Figma and ClickUp are also involved in such competitions. If AI gains autonomous ordering capabilities, the internet will become a battlefield of machine versus machine.

CoinWorld News reports that the artificial intelligence music generation application Suno has completed over $400 million in Series D funding led by Bond Capital, with a post-investment valuation of $5.4 billion, doubling the valuation from the Series C round. The funds will be used to develop the next-generation audio large model and expand the team. In response to copyright lawsuits from major record labels, Suno's attitude is shifting toward cooperation, and it has already reached settlement and licensing agreements with copyright holders such as Warner Music Group to explore compliant training and commercial monetization.