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Avalanche Q1 2025: AI alliances, crypto cards, private tokens, institutional DeFi, and a horror game for your Xbox. Nansen’s latest report unpacks the state of the chain. Here’s what went down over the last quarter on Avalanche🔺:

On July 1, the #GDPNow model nowcast of real GDP growth in Q2 2025 is 2.5%: bit.ly/32EYojR. #ATLFedResearch Download our EconomyNow app or go to our website for the latest GDPNow nowcast: bit.ly/2TPeYLT.

ADP Private Payrolls -33k in June Worst since March 2023

ADP reports private payrolls lost 33,000 jobs in June. May was revised down to a gain of 29,000 from an initially reported gain of 37,000. Heading into the teeth of the post-Liberation Day hard data.

3/ I am in general mildly pessimistic about the labor market trajectory - I don’t intend to be a Pollyanna here. But a lot of the slowing in employment growth is coming from the supply side, not the demand side. Read more: open.substack.com/pub/macromostl…

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US tariffs on Vietnamese goods just doubled to 20%. Another sign that tariff rates are moving up from here, not down.

144K out of 147K jobs added were Government, Leisure and hospitality and Private education and Healthcare services.

WTF Department of Government Efficiency .... government payrolls grew by the most since March 2024

TLT to zero

Trump wants cuts yet all the jobs gained were in the government sector 😂

more L1s pls

I simply want to leave France 😂 stuck in the plane for 3 hours after a 3 hour delay

🇺🇸 Independence Day 2025: A historic moment for programmable money & institutional blockchain adoption! The future is WYST-powered programmable finance. Hashfire is building this infrastructure today on Avalanche🔺 Fuji + our AvaCloud L1. Big news coming next week🚀

Barkin met with an executive who told him how he was succeeding in pushing along cost increases. Later during their chat, the executive delicately made a plea for lower rates. To highlight the tradeoff, Barkin hinted at a compromise. “If you agree not to increase prices anymore,

US Treasury Secretary Bessent: tariff to return to April level with no deal by August 1

🇺🇸 US financial conditions have eased significantly over the past three months. The level is now the easiest since September 2024.

Short debt, long hard assets and beta

BREAKING: President Trump says any company aligning with "Anti-American policies of BRICS" will be charged and additional 10% tariff. Trump adds, "there will be no exceptions to this policy."