📡 Hourly Broadcast | 07:00-08:00

1. Elon Musk says Bitcoin’s decentralized nature makes it difficult to regulate. Tesla has sold 75% of its Bitcoin, while SpaceX has not sold any.

2. Trump says Iran is not yet ready to reach an agreement, that military options are not constrained, and reiterates that he has absolute control over the Strait of Hormuz.

3. Spot gold rose 1.89% to $4,604.53 per ounce, hitting a new high since mid-May. Bitcoin is up more than 23% this week, recording its biggest weekly gain since March 2023.

4. TikTok and ByteDance reached a $400 million settlement with the U.S. Department of Justice over a child privacy lawsuit.

5. SMBC strategists say the U.S. Treasury may be close to the “efficient frontier” for T-bill issuance, with T-bill supply increased to 22% of the total Treasury bond amount.

6. U.S. Treasury Secretary Bessent’s bond operations have intensified market concerns about inflation, and investors worry about impacts on economic stability.

7. The U.S. government notified Congress of plans to pay $850 million to the United Nations to repay part of its arrears; the total amount currently overdue is about $5 billion.

8. Japan’s budget request for the next fiscal year is expected to be the first to exceed 130 trillion yen, marking a new high for the fourth consecutive year.