Deutsche Bank raised its U.S. inflation forecast and expects the Fed to hike rates by 50 basis points in 2026. Deutsche Bank expects the policy rate to reach 4.1%, with a possible hike as early as July.
Thai police seized 315 cryptocurrency mining machines across five northeastern provinces. Authorities suspected illegal power-grid access and meter tampering. Estimated electricity losses totaled approximately 40.38 million Thai Baht.
Japan's National Commercial Enterprise Pension Fund plans to begin investing in cryptocurrencies in fiscal 2026. Crypto is expected to account for about 1% of the fund's total assets. The fund manages about 21.3 billion yen, or $136 million, and covers around 1,200 SMEs.
Ben Goertzel said core AGI code should be free, open source and deployed on a decentralized network. He said SingularityNET makes money from tokenomics and plans a paid tier sometime next year.
U.S. Vice President Vance and an Iranian delegation arrived in Switzerland for U.S.-Iran negotiations. The talks were scheduled for Mount Burgenstock that day.
U.S. Vice President Vance arrived in Switzerland to lead the U.S. side in nuclear talks with Tehran. The talks create a diplomatic watchpoint for geopolitical risk.
Bitcoin ETFs Shed Record $6.35B Over 30 Trading Days
US-listed spot Bitcoin ETFs posted a record $6.35 billion in net outflows over a trailing 30 trading days. Galaxy Research data shows cumulative net flow fell to $53.4 billion from a $63 billion peak in October 2025. Bitcoin traded at $64,167 at the time of writing after falling 17.4% over the past month. BlackRock US head of equity ETFs Jay Jacobs said daily outflows can reflect many reasons.
Ripple CEO Accuses JPMorgan of Misrepresenting Clarity Act
Brad Garlinghouse said Jamie Dimon opposed the Clarity Act to protect JPMorgan's payments business, which Garlinghouse said generates $20 billion in revenue and over $5 billion in profit. Garlinghouse said Dimon's compliance claim was either intentional misrepresentation or highly negligent.
Pump fun bounty feature draws criticism over risky crypto stunts
Pump fun has drawn criticism after its new bounty feature paid out more than $370,000 in crypto since launching on June 4. Around 270 open bounties still offer more than $200,000 in rewards. Some reported tasks involve tattoos, toilet stunts, job resignations on camera, and climbing Mount Everest.
Serenity Says Trump’s Tariff Strategy May Backfire
Serenity said Trump’s tariff strategy may backfire because trade-war leverage may sit in advanced supply chains rather than commodity exports. Serenity said blanket tariffs on allies could weaken US efforts to coordinate key resources in quantum computing, artificial intelligence, robotics, and chips.
On-chain analyst Ai Yi said a trader turned $31,600 in principal into $3.565 million in cumulative profit. The trader still holds $7.76 million in U.S. stock long positions.
Nick Tomaino said in 1confirmation's Q2 2026 letter to LPs that cumulative cash dividends from all funds reached approximately $317 million. The total surpassed total capital contributions of approximately $286 million.
Seven US-listed semiconductor equipment stocks have more than doubled year-to-date as AI hardware sectors rose. All nine US-listed semiconductor equipment companies with market caps above $10 billion have gained more than 75% over the same period.
MSUSD Depegs to $0.36 as Morpho Oracle Is Expected to Pause
Main Street USD (MSUSD) depegged to $0.36 after falling 64.1% in the past 24 hours, according to Mainstreet monitoring. Mainstreet said assets remain fully backed and called the offline reserve proof dashboard an infrastructure and reporting-level issue. The oracle supporting the Morpho market is expected to pause within the next 24 hours, which will accelerate leveraged loop lending unwind and increase borrowing rates.
A South Korean petition to abolish virtual asset taxation has gathered 58,571 approvals. The petition will be submitted for deliberation at the relevant committee's first meeting after 30 days.
JD Vance said Trump supports a U.S. sovereign wealth fund that would hold equity in frontier AI companies. Musk said direct Treasury payments to the public would be a better response to future AI-driven deflation.
Polymarket Accused of Using Fake Profit Videos to Reach U.S. Users
Polymarket has been accused of using simulated trading videos and fake profit claims to promote its prediction market platform to U.S. users. Creators allegedly used sites resembling Polymarket's website, and some videos required Polymarket approval before posting. Polymarket has not issued a public response to the allegations.
Tesla officially filed a trademark application for "Amazing Abundance." The application covers AI, humanoid robots, autonomous driving systems, and automation technology.
Crypto analyst Murphy said Strategy does not currently face a preferred stock solvency crisis. Murphy said Bitcoin would need to fall to $26,000 to breach the preferred stock tier and $8,000 to breach the debt tier.
MEV bot Jaredfromsubway.eth lost over $7.5 million in a reverse attack. The roundup also included Tether co-founder comments on stablecoin reserve yields and Hyperliquid's settlement of all USDH-denominated markets on HyperCore.