Odaily Planet Daily News According to the official announcement, stablecoin issuer Tether signed a memorandum of understanding with South American agricultural energy company Adecoagro to cooperate in a renewable energy Bitcoin mining project in Brazil. Adecoagro currently operates 230 megawatts of renewable energy power generation facilities in South America. The project will explore the feasibility of using surplus electricity for Bitcoin mining. Tether's CEO said this is an extension of the company's sustainable mining strategy, aimed at promoting the coordinated development of energy infrastructure and the digital economy. Adecoagro executives pointed out that Bitcoin could become a long-term store of value for assets similar to farmland, and the project will help the company access crypto assets in a controlled manner. The two parties will use the mine management system developed by Tether, and the relevant code will be open source within a few months.

According to PANews, stablecoin issuer Tether has signed a memorandum of understanding with South American agricultural energy company Adecoagro to collaborate on a renewable energy Bitcoin mining project in Brazil. Adecoagro currently operates 230 megawatts of renewable energy facilities in South America, and the project aims to explore the feasibility of using surplus energy for Bitcoin mining. Tether's CEO stated that this initiative is an extension of the company's sustainable mining strategy, which seeks to promote the synergy between energy infrastructure and the digital economy. An executive from Adecoagro highlighted that Bitcoin could serve as a long-term store of value similar to farmland assets, and this project will enable the company to engage with crypto assets in a controlled manner. Both parties will utilize a mining management system developed by Tether, with the related code expected to be open-sourced in the coming months.

According to PANews, U.S. and European regulators are intensifying their collaboration on digital asset rules, enhancing cross-border cryptocurrency oversight. The U.S. Treasury released a statement on July 1 detailing discussions held at the EU-U.S. Joint Financial Regulatory Forum in Brussels on June 24-25. During the forum, financial regulators from both regions addressed shared concerns regarding cryptocurrency regulation. The U.S. Treasury noted that participants continued to exchange views on digital finance issues. The European Union provided updates on the implementation of the Markets in Crypto-Assets Regulation (MiCA), emphasizing the importance of the Financial Stability Board's work and sharing considerations on the development of the digital euro. Meanwhile, the U.S. outlined its policy priorities concerning digital assets and related initiatives. The forum was jointly hosted by the European Commission and the U.S. Treasury, with both parties coordinating to inform each other of key regulatory actions. Digital assets were central to the discussions. Additionally, the forum covered efforts to enhance cross-border payments, with the EU presenting progress on the Digital Operational Resilience Act (DORA) and the U.S. reporting on cybersecurity measures. This forum underscored the value of regulatory coordination, with industry advocates calling for a globally unified regulatory framework.

Odaily Planet Daily News Financial Blog Zero Hedge: Although non-farm payrolls dominated the labor market news, the rise in the number of continuing unemployment claims in the United States is still worth noting. Initial jobless claims fell from 237,000 to 233,000 last week, falling from a 9-month high. The number of continuing unemployment claims was 1.964 million, the highest level since November 2021. The so-called Deep Tristate (Washington, DC, Virginia, Maryland) region dominated the growth in continuing applications, reaching the highest level since December 2021. (Jinshi)

According to PANews, Beijing North Fonda (002987.SZ) has announced a strategic partnership with Guofu Quantum Innovation Co., Ltd. The collaboration will focus on virtual assets and digital currency, emphasizing IT technology innovation, virtual asset and stablecoin ecosystem cooperation, and financial business innovation. This partnership marks the beginning of Beijing North Fonda's overseas strategy, aiming to expand its presence in the global fintech and digital transformation sectors. Guofu Quantum has been an early participant in the stablecoin ecosystem, becoming a founding shareholder of Hong Kong's stablecoin issuer Sandbox Plan through early investments. This strategic move aligns with both companies' goals to innovate and expand in the rapidly evolving digital finance landscape.

50 asked the community whether holding the asset on Robinhood was a mistake, especially if XRP were to rally again. The responses were varied, but many shared strong warnings and better alternatives based on firsthand experience. Why Are Reddit Users Cautious About Robinhood? Many users pointed to … source: https://coinpedia.org/news/is-holding-xrp-on-robinhood-a-mistake-reddit-users-debate/

The controversial Volodymyr Zelenskyy market is now up for final review after UMA token holders refused to accept that he wore a suit. source: https://protos.com/polymarkets-58m-zelenskyy-suit-bet-will-be-decided-today/

According to BlockBeats, the S&P 500 futures briefly reached an intraday high following the release of non-farm employment data. Similarly, the Nasdaq 100 futures also touched an intraday peak after the announcement. source: https://www.binance.com/en/square/post/26447885846922?utm_source=BinanceNewsRSS

According to BlockBeats, the S&P 500 futures briefly reached an intraday high following the release of non-farm employment data. Similarly, the Nasdaq 100 futures also touched an intraday peak after the announcement.

Will altcoins finally shine this summer? Read what experts predict. source: https://cryptonews.com/reports/july-altcoin-outlook-hyperliquid-eyes-100-solana-rides-etf-wave-and-stablecoins-heat-up/

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