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According to BlockBeats, on June 30, Tom Lee, Chairman of BitMine, the largest Ethereum treasury, posted that cryptocurrencies are a highly volatile asset class, and some current macro headwinds are putting pressure on Bitcoin and Ethereum. These headwinds include market expectations of U.S. Federal Reserve interest rate hikes, the “CLARITY Act” remaining in an uncertain state, AI FOMO, and private credit impacting capital flows. However, he also noted that bullish factors for the crypto market still exist, including tokenization as a super trend, cryptocurrencies being downstream of AI, money becoming more digital and software-based, and that the current market sentiment is extremely poor, possibly nearing the “peak of pain”.

```htmlGolden Ten Data reported on June 30 that U.S. President Trump stated that gasoline retailers must immediately lower prices. Considering that the current crude oil price has dropped to $68 per barrel and is still falling, the current gasoline price is excessively high. Retailers must quickly respond to this statement and take the right actions they know—lower prices for our great American people. Price gouging must never be allowed, as this behavior is completely illegal. If retailers do not comply, they will face serious trouble in the future! The target price should be set at around $2.50 per gallon (Note: the current average nationwide is about $3.86 per gallon), and California should stop imposing such high taxes on gasoline. Very soon, the tax will exceed the price of the product itself, and America will never tolerate this situation, nor will the people of California—they are suffering from these absurd taxes and from exploitation by their own state government.```

This Montreal-based bank stated that the private wealth business of Euroz Hartleys Group will enter into a strategic alliance agreement with BMO as an independent entity, in order to maintain its relationship with the capital markets business. The financial terms of the transaction were not disclosed. The acquisition is expected to be completed in the fourth quarter, subject to approval from Euroz Hartleys shareholders. BMO said the capital markets business will complement its metals and mining operations, and noted that metals and mining capital formation activities in Australia are comparable to those in Canada.