Schnabel: Expected European Central Bank to raise interest rates

The stablecoin issuer is extending its tokenized gold strategy by allowing holders of XAUT to borrow against their bullion, mirroring bitcoin-backed lending without selling the underlying asset.

The Kobeissi Letter states that since April, US gold ETFs and Bitcoin ETFs have accumulated a net outflow of $12 billion, while US semiconductor ETFs have attracted a cumulative inflow of $20 billion during the same period. In mid May, the outflow of gold and Bitcoin funds more than doubled, and the inflow of semiconductor ETF funds doubled. The largest gold ETF in the United States, GLD, has fallen 13% since early April, the largest Bitcoin ETF, IBIT, has fallen 12% during the same period, and semiconductor ETFs, SOXX and SMH, have risen 81% and 60% respectively.

OKX-ETH/USDT is currently trading at $1599.20, with a 5-minute increase of 0.28%. Please be aware of market fluctuations.

Animoca Brands announced a strategic investment in stablecoin payment infrastructure company AllScale, exploring the application of stablecoin payment solutions in over 600 portfolio companies under Animoca Brands and advancing autonomous payment scenarios for AI Agents.

OKX has announced the addition of RESOLVUSD UM(X-Perp), BICOUSD UM(X-Perp), TRUMPUSD UM(X-Perp), and 4 other trading pairs to multiple services, including various trading services, officially launching on 2026-06-28 at 16:15 (UTC+8). Notes: - OKX will roll out RESOLVUSD, BICOUSD, TRUMPUSD, and LITUSD denominated X-Perpetual contracts in batches starting June 28, 2026. - The opening times for each trading pair are 16:15, 16:30, 16:45, and 17:00 (UTC+8), respectively. - X-Perp is a leveraged trading product. Users are advised to fully understand the risks and manage their positions responsibly.