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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.

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.

Foresight News reported that USD.AI announced it is forming a joint venture with BSQ Capital Partners, aimed at financing AI computing in the Asia-Pacific region. The initial target of the joint venture is to provide $300 million in GPU-backed financing, with plans to gradually expand to $1 billion as performance milestones are achieved. According to the cooperation agreement, BSQ Capital Partners will act as the investment manager, responsible for initiating and managing transactions in major Asia-Pacific markets, including but not limited to Australia, Japan, South Korea, Southeast Asia, and India. USD.AI will provide the financing and leverage its programmatic underwriting platform and technology to convert high-performance computing hardware into financeable collateral.