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13:43
The Cryptocurrency Industry Becomes the Largest Corporate Political Donor in the US, Already Contributing $189 Million to the 2026 Midterm Elections
BlockBeats News, June 30th - According to market sources, the cryptocurrency industry has become the largest political donor in the United States corporate world. Data shows that cryptocurrency companies have spent a total of $189 million on political activities during the 2026 U.S. midterm elections, surpassing the total spending for the 2024 election cycle. The report indicates that following progress in advancing stablecoin regulatory legislation, the crypto industry is increasing its political contributions to further promote more legislation related to digital assets. At the same time, political donations from industries such as artificial intelligence, technology, and online gaming have also seen significant growth compared to previous periods.
13:32
U.S. Stocks Open: Dow Up 0.1%, S&P 500 and Nasdaq Flat, Micron Rises 1.2%
BlockBeats News, June 30th, at the opening of the US stock market, the Dow rose 0.1%, the S&P 500 Index, and the Nasdaq were nearly flat. Tech giants saw mixed performance, with NVIDIA up 0.6%, Oracle down 0.2%, SpaceX up 0.4%, and Tesla down 0.9%. Sandisk rose by 1.2%, with Bernstein significantly raising its price target for the stock from $1700 to $3000.
13:22
UAE Exits OPEC+ as Crude Oil Exports Reach Record High
BlockBeats News, June 30th, preliminary vessel tracking data from Kpler and Vortexa shows that shortly after exiting OPEC, the UAE boosted its crude oil and condensate exports to a record high in June. Kpler's Senior Oil Analyst Rauball stated that the UAE's average crude oil and condensate exports this month were around 3.7 million barrels per day, hitting a historical peak and significantly higher than the pre-Middle East conflict levels of 3.1 to 3.3 million barrels per day. The UAE's previous export peak was in April 2020, reaching 3.44 million barrels per day during the brief oil price war ignited by Saudi Arabia and Russia. Vortexa's Senior Oil Analyst Emma Li said that from June 1st to the 29th, crude loadings in Abu Dhabi reached 4 million barrels per day, surpassing the pre-war level of 3.4 million barrels per day. Export volumes also rose to a historical high of 3.7 million barrels per day, compared to 3.3 million barrels per day in the first two months of this year.
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