• S&P 500 closes down 0.1%, NASDAQ drops 0.8% - [DB]

• DeFi Development to raise $100M in convertible notes due 2030 to acquire Solana and repurchase shares - [PN]

• Bitcoin ETFs see -$342.2M in net outflows; Ethereum ETFs report $40.7M in net inflows as of July 1, 2025 - [EI]

• Euro area unemployment rate rises to 6.3%, above estimate of 6.2% - [DB]

• US MBA mortgage applications index rose 2.7% last week - [DB]

• Coinbase acquires Liquifi amid surge in crypto mergers and acquisitions - [AGGR]

• US ADP reports June private employment fell by 33K, versus an estimate of +95K - [DB]

• S&P 500 rises 0.5% at close, while NASDAQ increases 0.9% - [DB]

• ETF flows for July 2, 2025: Bitcoin ETFs see $407.8M net inflows, while Ethereum ETFs experience $1.9M net outflows - [EI]

• Trump: Reiterates 10% BRICS threat, not immediate but pretty soon - [TF]

• Trump: EU has been speaking to US, very nicely recently • Trump: In some respects they've been worse than China - [TF]

• Trump: Will announce pharma, chips, other things tariffs soon - [TF]

• Trump: Believe copper tariff will be 50% - [TF]

• Trump says 'we are thinking of taking over governance of DC' • Trump: May need to 'straighten out' New York City - [TF]

• Trump: 7 'trade decisions' to come tomorrow morning, 'an additional number' later in the afternoon - [TF]

• Emirates signs MOU with Crypto.com for payment integration - [TREE]

• NVIDIA becomes first company to hit $4 trillion in market value - [TF]

• Pump.fun announces 600M sale, raise in stables, countdown indicates 12th July start - [AGGR]

• Pump.fun to allocate 24% of token supply to community and ecosystem - [ZN]

• Linda Yaccarino steps down as CEO of X - [TF]

• Elon: Grok was "too compliant" to user prompts and was being manipulated. This is being addressed - [TF]