I'm excited to announce that Draper Dragon's @orionfund is partnering with @draper_u to invest in 15 startups building on @cardano this summer!
Applications close on July 10th. You don't want to miss this.(Tim Draper)
According to CFTC data, as of the week ending June 30th, hedge funds pushed their net short positions in the Japanese yen to nearly 138000 contracts in the futures and options markets, the highest level since 2007. The Japanese yen has fallen to its lowest point since 1986, breaking below the level of 162 yen per US dollar. The Japanese Finance Minister reiterated that the authorities can take foreign exchange intervention measures at any time.
M1X Global, a tokenized sovereign debt startup, has completed a seed round financing of $5.5 million, led by Paradigm and with participation from Breed VC. The funds aim to promote the use of USDM1 as on chain sovereign collateral.
According to CME's "Federal Reserve Watch", the probability of the Federal Reserve keeping interest rates unchanged in July is 74.3%, and the probability of a cumulative 25 basis point rate hike is 25.7%; The probability of the Federal Reserve keeping interest rates unchanged until September is 42.9%, the probability of a cumulative increase of 25 basis points is 46.2%, and the probability of a cumulative increase of 50 basis points is 10.8%.
According to CCTV News, Russian Deputy Foreign Minister Ryabokov stated on the 6th that Russia will not interrupt its contacts with the United States on the Ukraine issue. In response to President Trump's statement that the settlement of the Russia-Ukraine conflict will be faster than expected, Ryabkov responded that if the United States is prepared to take action on the basis of the plan proposed by Russia, the conflict can indeed be resolved quickly.