The complexity of the SecondFi on chain recovery solution exceeds expectations, and the recovery time may exceed two weeks

The South Korean financial regulatory authorities and exchanges are finalizing the reform plan for the Kosdak sector, with the construction of an exclusive core index system for top sectors as a key topic and soliciting opinions. At the same time, they are promoting the introduction of a system of upgrading and downgrading, and plan to divide the Kosdak market into three categories: selected sectors, standard sectors, and management sectors.

The stablecoin protocol USD.AI has signed a $100 million liquidity agreement with the DeFi protocol Fluid, which will provide and manage liquidity for sUSDai through the liquid-as-a-Service program.

[Morgan Stanley Raises Alphabet Target Price to $415, Optimistic About Google Cloud Growth] According to Trend Research, Morgan Stanley raised Alphabet's target price from $375 to $415 on June 29, maintaining an overweight rating. Morgan Stanley predicts Google Cloud's revenue will reach $308 billion by 2028, including $229 billion from core cloud services, $79 billion from TPU external sales, and Cloud EBIT will reach $132 billion. Morgan Stanley increased its 2027 capital expenditure forecast from $300 billion to $350 billion. The current stock price of $353.65 corresponds to 18 times the 2028 EPS.

Bitcoin’s price has shown an unusually strong negative 52-week correlation with the dollar-yen exchange rate.

Goldman Sachs' commodity team predicts that oil prices will reach $80 per barrel in the fourth quarter of this year, as refining margins will remain high due to damage to facilities in the Gulf region and Russia. The Federal Reserve has released a hawkish signal, and Goldman Sachs expects to support the recovery of the US dollar exchange rate to near its March high. Inflation remains controllable in most parts of Asia, and technology spending remains the core dominant factor in many Asian economies and markets.