India’s wheat inventories as of July 1 were up about 46% from a year earlier, with rice stocks also ample. The 2025-26 wheat output forecast was raised to 1.207 billion tonnes, nearly 10% higher than the previous year. Government procurement also strengthened, with 2026-27 purchases reaching about 33.80 million tonnes by June 15, above the year-ago pace. The government plans to release reserves via open-market sales to steady domestic food prices and curb inflation.

Nasdaq-listed BitMine Immersion Technologies said it will stop buying ether once its holdings reach 5% of ETH’s circulating supply. Chairman Tom Lee said at TOKEN2049 in Singapore that the firm is about 100,000 ETH short of that cap and, at roughly $41 million of weekly purchases, expects to complete its final accumulation in six to seven weeks. The move would end a weekly buying streak that began in June 2025.

Meteora rose 47.76% in 24 hours as Solana liquidity demand lifted turnover. MET now faces a daily confirmation test near USD 0.47527.

Raydium gained 12.53% in 24 hours as turnover reached USD 223,721,475. Technical momentum, volume and the key daily-close levels frame the next move.

NEAR Protocol gained 5.02% in 24 hours as turnover reached USD 1,138,469,105. Technical momentum, volume and the key daily-close levels frame the next move.

The Sandbox gained 5.70% in 24 hours as turnover reached USD 277,283,817. Technical momentum, volume and the key daily-close levels frame the next move.

Brent crude surged above $102 per barrel after reports said the Trump administration instructed the Pentagon to develop strike options against Iran that could be carried out before the midterm elections. Rising geopolitical tensions in the Middle East intensified fears of oil supply disruptions.

Firmus Technologies, a former bitcoin miner now building AI-focused data centres, is seeking a $7 billion IPO on the ASX that would value the company at $44 billion. Bankers have struggled to line up buyers at the targeted $11 per share and are looking at cutting the price to around $8.25 to keep the float alive, according to The Australian and The Australian Financial Review. Maas Group, which owns 3.2% of Firmus, sank more than 20% on Thursday.