Bybit said its traditional finance derivatives platform, Bybit TradFi, now supports BYUSDT as margin collateral. The update allows users to trade CFDs without converting BYUSDT into other assets while still receiving its native yield. The change expands the Bybit TradFi product line and does not involve a new token issuance or any mainnet changes, limited to adding a new collateral type within Bybit margin accounts. BYUSDT is a U.S. dollar-pegged stablecoin issued by Bybit that currently circulates only on the Bybit platform and is not listed on major third-party exchanges such as BingX.

Paramount has submitted concessions to the European Commission as it seeks clearance for its $111B acquisition of Warner Bros Discovery, aimed at easing antitrust concerns. The Commission confirmed the filing and set a new provisional decision deadline of July 22, extended from July 7. In the UK, Culture Minister Louise Nandy said she was minded to intervene and is assessing the deal on media plurality grounds, while the Competition and Markets Authority continues a separate investigation.

Most currency strategists still expect the U.S. dollar to weaken in the months ahead, even after a roughly 4% rebound from May’s low, a Reuters FX poll conducted June 26–July 1 showed. They pointed to cooling oil prices that are easing inflation worries and reducing expectations for Federal Reserve rate hikes. A growing minority has turned less bearish, with about one-third now forecasting the euro to be flat or lower against the dollar over the next three months. Oil was cited as a key driver of the outlook.

U.S.-Iran tensions remained elevated, with informal technical talks held in Doha even as Tehran declined high-level engagement with U.S. officials. At the same time, strong U.S. job-openings data reinforced expectations that the Federal Reserve will stay focused on fighting inflation. Risk aversion picked up, pushing U.S. equity futures lower, while Nike fell 3.3% after earnings and Shutterstock sank after ending its merger with Getty Images. The geopolitical risk premium was seen spilling into energy and equity markets.

Russia has begun importing gasoline from India after fuel shortages emerged following Ukrainian strikes on its energy infrastructure. The shortages have led to rationing and long queues at filling stations, alongside a record surge in domestic gasoline prices. An initial 60,000 metric tons has already been dispatched from India, and Russia plans to import up to 400,000 tons a month from suppliers including Belarus.

Circle (CRCL) shares fell 16.55% to $62 on June 27, after the stock was removed on June 26 from the Russell 1000 Growth, Russell 3000 Growth and Russell Midcap Growth indexes, prompting passive funds to cut holdings. At the same time, Open Standard launched its Open USD stablecoin with an alliance of 140 companies including Visa, Coinbase and BlackRock, potentially diverting interest income tied to USDC, which accounts for about 99% of Circle’s revenue. CEO Jeremy Allaire said USDC represented 80% of on-chain dollar stablecoin transaction volume, but investors have questioned the sustainability of Circle’s revenue model.

First Atlantic Nickel & Cobalt has appointed Gary Stanley, the former director of the Office of Critical Minerals and Metals at the United States Department of Commerce, as a senior strategic advisor. Stanley was the lead coordinating author of the June 2019 Federal Critical Mineral Strategy and was involved in U.S. policy work including the Inflation Reduction Act. The appointment follows the company’s June 24 announcement that it produced a high-grade alloy concentrate grading up to 71.9% nickel and 1.76% cobalt from its Pipestone XL project using its ONSHORE MAX™ magnetic recovery process. The company said the smelter-free process could enable direct refining of nickel sulphate (NiSO₄) that qualifies under Section 45X(c)(6), while noting the project remains at the exploration stage with no confirmed resources.

A report from the Federal Reserve Bank of New York said U.S. workers’ share of national income fell to a record low of 54.1% in early 2026. Inflation also picked up again to its highest level in more than three years, with gasoline prices rising notably. The combination has left about two-thirds of American households facing financial strain, and the article identifies higher gasoline prices as a direct contributor to the pressure.