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The Federal Reserve's overnight reverse repurchase agreement (RRP) usage rose to $6.426 billion on Friday, up from $5.718 billion the previous day. This key liquidity gauge reflects shifting demand for safe short-term assets and signals potential changes in financial system conditions.
Read MoreThe Atlanta Fed's search for a new president has stalled after initial candidates failed to secure consensus, forcing a restart of the seven-month process. This procedural delay highlights growing concerns over the Federal Reserve's independence, as regional bank presidents play crucial roles in setting interest rates away from political influence.
Read MoreFed official Neel Kashkari warns that inflationary pressures are broadening beyond energy, signaling a more persistent problem. This view led him to support projections for at least one rate hike this year, highlighting growing concerns within the Fed about taming inflation.
Read MorePresident Trump accused Iran of a 'stupid violation' of ceasefire agreements after attack drones targeted commercial vessels in the Strait of Hormuz. One cargo ship sustained damage while three drones were intercepted, escalating regional tensions.
Read MoreA Federal Reserve official warns that persistent, broad-based inflation pressures may necessitate monetary tightening. He highlights rising prices across categories, suggesting a potential rate hike in 2026, as indicated in recent policy projections.
Read MoreGrayscale transferred 8,697 ETH worth approximately $13.77 million to Coinbase Prime within two hours, according to Arkham data. This significant movement highlights institutional activity and may signal shifts in Ethereum's market dynamics.
Read MoreGold futures on the COMEX surged past $4,100 per ounce, marking a historic high with a daily gain exceeding 1.2%. The rally is driven by heightened geopolitical tensions, persistent inflation concerns, and shifting currency dynamics, fueling strong safe-haven demand. This analysis explores the key factors behind the move.
Read MoreBinance Futures will delist and auto-liquidate IPUSDT and IPUSDC perpetual contracts on June 28, 2026, following Story's rebranding to Data Network. Users are advised to close positions beforehand. New contract listings will be announced separately.
Read MoreLeading asset tokenization platform Securitize is set to go public via a $4 billion SPAC merger, targeting a NYSE listing on July 2. The deal, pending final shareholder approval, would see the company trade under ticker "SECZ". As the only firm with regulated digital securities infrastructure licenses in both the US and EU, Securitize manages over $40 billion in assets with partners like BlackRock and KKR.
Read MoreOpenAI is considering postponing its IPO until after 2025, sources reveal. Bankers warn recent tech stock volatility and SpaceX's post-listing performance could dampen retail investor interest. CEO Sam Altman pushes for a $1 trillion valuation target as timing remains fluid.
Read MoreOn June 26, AI application software stocks rallied against the broader market trend. ServiceNow and Figma surged over 6%, Atlassian gained more than 5%, with numerous data, cloud, and marketing automation firms rising over 4%. Palantir, Salesforce, and others also climbed over 3%, reflecting sustained optimism for practical AI adoption.
Read MoreStrive's stock $SATA hit a record low of $79.01 on June 26, with an actual yield reaching 16.3%. The sharp volatility in its digital credit and bitcoin reserve prices continues, with the price recovering slightly to $83.56 at press time, highlighting ongoing market reassessment of crypto-linked assets.
Read MoreOn-chain data reveals a previously profitable whale has re-entered the market with massive short positions. Utilizing 20x leverage, the entity shorted over $54 million in BTC and $15.6 million in ETH, totaling more than $70 million, signaling a significant bearish bet.
Read MoreThe US CFTC and SEC have jointly issued a request for public comment on harmonizing portfolio margin rules for securities, futures, and derivatives. The goal is to enhance risk management, reduce market fragmentation, and strengthen investor protection. Comments are open for 60 days after Federal Register publication.
Read MoreThe Nasdaq Golden Dragon China Index closed up over 1% on June 26, leading a broad rally among US-listed Chinese stocks. NetEase surged around 6%, while Xunlei jumped over 9%. Gains spanned internet, consumer, education, and healthcare sectors.
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