Japanese Chief Cabinet Secretary Toshimitsu Kinohara expresses hope to reduce the proportion of government debt to GDP

According to Onchain Lens monitoring, Antalpha, the gold whale on the chain, has received approximately 150.52 million XAUTs from Cobo in the past three months, with a total value of approximately $68.03 million. The latest payment of 1000 XAUTs (approximately $4.1 million) was received 7 minutes ago.

The spot gold price has risen by more than 1%, currently quoted at $4115.61 per ounce.

SpaceX's stock price fell about 35% after being included in the Nasdaq 100 index on July 7th, falling below $147. SpaceX has a market value of approximately $1.9 trillion, with a revenue of approximately $18.7 billion in 2025, a loss of $4.9 billion in 2025, and a loss of $4.3 billion in the first quarter of 2026. The Starlink business will contribute over $11 billion in revenue by 2025. SpaceX needs to invest funds in developing the Starship rocket project and xAI. At present, SpaceX's market value is about $1.9 trillion, lacking a safety margin.

Tether Treasury has added 1 billion USDT coins to the Tron network.

CryptoQuant announced on the X platform that stablecoins on the Binance platform are experiencing structural outflows. In the past 30 days, USDC holdings have decreased from $5.75 billion to $4.6 billion, a decrease of approximately 21.6%; USDT-ETH experienced daily withdrawals of nearly $1 billion and $838 million on June 26 and July 7, respectively. Last week, the daily net outflow of stable fixed currency reached 115 million US dollars. Stablecoins are liquidity reserves that the market absorbs selling pressure, and outflows reflect a trend towards conservatism in capital, with liquidity shifting towards cold wallets, DeFi protocols, or over-the-counter trading. After the outflow of over $1 billion in liquidity, the market's ability to buffer volatility is declining.