Spot gold falls below $4200/ounce, hitting a near March low

According to Onchain Lens monitoring, Giant Whale 0x97f increased its SP500 short position by 50 times, holding 20000 SP500 shares worth $147.16 million, with a floating profit of $1.4 million.

According to CNBC, the trading volume of the Kalshi perpetual contract reached $1 billion in the first week of its launch. John Wang, the head of the Kalshi crypto sector, predicted that it would take 3.5 years for the market to reach the same trading volume. Polymarket team member Mustafa Aljadery asked about the open interest data of Kalshi perpetual contracts. Community members questioned the authenticity of Kalshi's trading volume and pointed out that its open interest data was only $4.5 million.

[10x Research Reports Bitmine's Unrealized Loss of $10.1 Billion] 10x Research stated that Bitmine raised $19.2 billion between July 2025 and June 2026 to acquire 5.54 million ETH. Based on an ETH price of $1,650 per token, its reserves are valued at $9.1 billion, resulting in an unrealized loss of $10.1 billion for investors. The loss is attributed to the decline in ETH prices and a $4.6 billion premium. However, Bitmine's stock price may reflect the implied option value.

China increased its holdings of over 10 tons of gold in May, with a total reserve of 2331 tons. （Cointelegraph）

According to Globenewswire, Nasdaq listed Bitcoin mining company Keel Infrastructure has completed the issuance of $458 million convertible senior notes with a coupon rate of 1.25%, due in 2032, and an initial conversion price of approximately $7.41. Keel Infrastructure will use a portion of the raised funds to purchase capped call options, while the remaining funds will be used for the development of Panther Creek, Sharon, and Moses Lake projects, long-term equipment deposits, and general corporate purposes.