The market expects the Federal Reserve to adopt more cautious interest rate cuts, causing the US dollar to hit a two-year high

According to AI, an on chain analyst, a certain address has opened a $2.155 million CXMT TWAP empty order on Hyperliquid. The TWAP has a scale of 300000 CXMTs, with an average opening price of $7.1825. Currently, the transaction is 1.14%, and the account margin is $15 million.

The head of the Policy Office of the South Korean Presidential Office, Kim Yong fan, stated that the size of single stock leveraged ETFs has exceeded 10 trillion Korean won, and forced delisting will have a huge impact on the market. The government will study and optimize management mechanisms to reduce market impact. （KBS）

According to Cleveland Fed President Hamack, the Fed needs to raise interest rates to curb inflation. At present, interest rate futures traders believe that the probability of the Federal Reserve raising interest rates in July is about 15%, and the probability of raising interest rates in September is about 65%.

[Ansem: If Zcash Breaks $750, Uptrend May Accelerate] Trader Ansem stated that Zcash has been consolidating within a range for nearly a year and has identified $750 as a key level to watch. If the price breaks upward and reaches a new high, the next phase of the current uptrend may accelerate. Ansem currently does not hold any long positions but believes that failing to allocate after a confirmed breakout would be a misjudgment.

Native Markets, the issuer of USDH, announced that the USDH official website exchange portal has been discontinued. Subsequent redemption and 1:1 exchange services will be migrated to the Bridge platform, and users need to complete account registration and access procedures on the Bridge platform.