BONK abnormal, up 21.49% in 24H

According to Caixin News Agency, traders have given up their bets on the Federal Reserve's interest rate cut in July.

The United States released non farm payroll data for June, with employment increasing by 147000 people, exceeding expectations by 110000 people; The unemployment rate recorded 4.1%, lower than the expected 4.3%.

According to a report by JinShi, according to CME's "Federal Reserve Watch", the probability of the Federal Reserve keeping interest rates unchanged in July is 76.7%, and the probability of cutting interest rates by 25 basis points is 23.3%. The probability of the Federal Reserve keeping interest rates unchanged in September is 4.9%, the probability of a cumulative 25 basis point rate cut is 73.3%, and the probability of a cumulative 50 basis point rate cut is 21.8%. The US' small non farm payroll 'data released on Wednesday evening unexpectedly recorded a negative value, as the US non farm payroll data is about to be released.

According to Foresight News, Bedrock announced in an article on X that Bedrock Strategic Reserve will enter the next stage of development, upgrading from a reserve mechanism originally priced only in BR to being priced in both BR and BTC. The team stated that this move aims to strengthen the value alignment with the Bitcoin currency system and promote long-term value creation for BR. Bedrock stated that previously Strategic Reserve played a key role in stabilizing BR prices and providing deep liquidity, supporting a daily trading volume of over $4 billion in the BR/USDT market and serving over 120000 traders. The official stated that more details will be announced soon.

Foresight News reported that according to Decrypt, the Indian Narcotics Control Board (NCB) recently announced the crackdown on the country's "most active dark web drug gang" and arrested a 35 year old mechanical engineer named Edison, who is suspected of operating a nationwide drug dark web trading network without his family's knowledge and using the privacy coin Monero (XMR) to launder money to evade law enforcement tracking. NCB seized 1127 LSD drug stickers, 131 grams of ketamine, and cryptocurrency assets worth over $82000 (approximately 700000 rupees) in the operation codenamed "Operation MELON", as well as seized cryptocurrency tools used for dark web transactions. The official stated that the suspect is currently the only "Level 4" dark web drug dealer in India, with the dark web code name "Ketamelon". NCB stated that Edison purchased drugs through Gunga Din, the largest LSD supplier in the UK, over the past two years and used Monero to launder the profits. He then distributed the drugs to several major cities in India, including Delhi, Chennai, Bangalore, and the northern mountainous areas. Monero, as a cryptocurrency that emphasizes anonymity and privacy protection, has always been a common payment tool in dark web transactions. Chainalysis points out that an increasing number of dark web markets are turning to Monero due to the on chain transparency of Bitcoin. However, Andrew Fierman, the head of national security intelligence at the company, pointed out that despite Monero's strong privacy attributes, it still operates on an immutable ledger, and "complete privacy is difficult to achieve, and the on chain evidence left by criminal behavior will always exist