Pension Whale (pension usdt. eth) has continuously reduced its short position by 4185 ETH, valued at $7.51 million

The Chief Economist of the European Central Bank, Liam, stated that inflationary pressures are accumulating.

According to The Block, Mauricio Di Bartolomeo, co-founder of Ledn, predicts that the Bitcoin collateralized lending market will reach a scale of $1 trillion in the next 5 to 10 years. Ledn holds approximately 30% of the global consumer Bitcoin mortgage lending market, with a total loan issuance of $1.4 billion by 2025. Mauricio Di Bartolomeo pointed out that a single balance sheet is difficult to support a trillion dollar market, and institutional funds need to be introduced by packaging Bitcoin mortgage loans into asset-backed securities and issuing bonds.

Receipts Depository Corporation, a digital asset and alternative asset depositary receipt issuer, has completed a new round of funding of $7 million, led by LiveOak Ventures with participation from Hivemind Capital, Onigiri Capital, OTC Markets Group, GTS, and Redbear Ventures. The funds will be used to accelerate the development of digital asset depositary receipt products and provide compliant securitization products and infrastructure services covering multiple asset classes for US investors.

[Polymarket and Kalshi Strengthen Anti-Fraud Measures and Expand Trading Coverage] According to The Information, Polymarket and Kalshi implemented measures to combat fraud groups during the World Cup and expanded the range of tradable event types. The two companies have incorporated more real-world events into their trading markets, with Kalshi's annualized revenue reaching approximately $1.5 billion in May.

Trader Anselm stated that JTO and HYPE were the strongest performing assets in the market today, while WLD followed suit with OpenAI's narrative.