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US Treasury Secretary Praises Warsh for Eliminating Forward Guidance, Reaffirms Dollar Dominance

PANews, June 24 – U.S. Treasury Secretary Bessent praised Fed Chair Warsh for eliminating forward guidance, while also stating that no one should be making dot plot forecasts. On the economic front, he expects real wage growth to return to the pace seen before April and anticipates that economic gro...

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🔗 https://www.panewslab.com/en/articles/019ef9b6-081a-745d-b03e-f146dd5d966d
OpenAI and Broadcom Release AI Chip Jalapeño, Cutting Inference Costs by Up to 50%

PANews, June 24 – OpenAI and Broadcom have jointly released Jalapeño, the first AI chip optimized for large language models (LLMs). Broadcom’s CEO stated that the chip can reduce model operating costs by approximately 50% and is expected to achieve large-scale deployment faster than market expectati...

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🔗 https://www.panewslab.com/en/articles/019ef9bd-7dea-730a-906c-cc0953ed9a79
Sports prediction app Onyx Odds raises $20 million, led by Kraken parent Payward

PANews, June 24 – According to Axios, sports prediction app Onyx Odds has completed a $20 million funding round led by Payward, the parent company of crypto exchange Kraken, with a post-money valuation of approximately $220 million. Onyx Odds is currently expanding from sports event prediction servi...

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🔗 https://www.panewslab.com/en/articles/019ef9be-c8a4-76ce-a63c-dea2cf76ae00
Foreign media: xAI is ramping up development of video and image generation tools

PANews, June 24 – According to The Information, xAI is ramping up efforts to develop video and image generation tools.

🔗 https://www.panewslab.com/en/articles/019ef9bf-b705-708e-857c-3f28eeee3e9b
BTC drops below $62,000, down 0.79% intraday

PANews, June 24 – According to OKX market data, BTC has just dropped below $62,000 and is now trading at $61,994.40 per coin, down 0.79% on the day.

🔗 https://www.panewslab.com/en/articles/019ef9c2-c478-77e7-9ee4-7b74513a80eb
US stocks open, Nasdaq down 0.29%

PANews, June 24 – According to Bybit market data, U.S. stocks opened with the Dow down 0.15%, the Nasdaq down 0.29%, and the S&P 500 down 0.04%. Crypto concept stocks broadly declined, with COIN (Coinbase) down 0.69% intraday and HOOD (Robinhood) down 0.73% intraday.

🔗 https://www.panewslab.com/en/articles/019ef9d3-7c83-729f-a142-1d110f01fbbc
New Chair, Old Inflation, and a Stronger-Than-Expected Jobs Report: How Will Global Assets Be Repriced After Warsh’s Debut?

Interest rates haven’t changed, but the Fed’s policy script, market expectations, and the pricing framework for risk assets have all shifted.

🔗 https://www.panewslab.com/en/articles/019ef856-33ff-778e-8908-e3180173767c
Ink Upgrades to OP Enterprise Fully Managed Service and Signs Multi-Year Partnership

PANews, June 24 – According to The Block, Ink, the Ethereum Layer 2 network incubated by Kraken, will upgrade to Optimism’s OP Enterprise Fully Managed and has signed a multi-year partnership. Under the agreement, Optimism will operate Ink’s mainnet production infrastructure, while the Ink Foundatio...

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🔗 https://www.panewslab.com/en/articles/019ef9d9-7edc-7784-8f9f-461a70d693eb
Solmate Accuses RockawayX Head of Orchestrating Fraudulent Acquisition Attempt

PANews, June 24 – Solmate stated it is taking critical action to protect the company and its shareholders from what it describes as a "fraudulent offensive" launched by Viktor Fischer, Managing Partner and CEO of RockawayX. Solmate claims that Fischer raised $50 million through RockawayX to invest i...

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🔗 https://www.panewslab.com/en/articles/019ef9e5-3f97-70dc-9ed4-4c8e2f4a1889
ECB Executive Board Member Cipollone: Digital Euro's Impact on Banks Is 'Minimal'

PANews, June 24 — European Central Bank Executive Board member Cipollone: The impact of the digital euro on banks is "negligible," and the digital euro will not pose a risk to financial stability.

🔗 https://www.panewslab.com/en/articles/019ef9e9-2565-7109-a1ac-b5a436e021d7
Strategy stock price falls below $99, hitting lowest since late February 2024

PANews, June 24 – U.S. stock market data shows that Strategy's share price has fallen below $99, marking the first time it has touched this level since late February 2024.

🔗 https://www.panewslab.com/en/articles/019ef9ed-14f9-709b-85d3-ea2394bb7777
BTC falls below $61,000, down 2.42% intraday

PANews, June 24 – According to OKX market data, BTC has just dropped below $61,000 and is now trading at $60,978.10 per coin, down 2.42% on the day.

🔗 https://www.panewslab.com/en/articles/019ef9ff-d106-71a4-9b9d-c7c50a381b57
Kalshi CEO: Prediction market platform preparing for IPO, expected to list after 2027

PANews, June 24 – According to a CNBC report, Tarek Mansour, CEO of contract prediction market platform Kalshi, said the company is in the early stages of planning an IPO but made it clear it will not go public in 2026. *The Information* previously reported that Kalshi could list as early as between...

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🔗 https://www.panewslab.com/en/articles/019efa0c-06fe-766f-a9a3-17b198b89f25
An address longing 21,000 ETH on Hyperliquid is now facing an unrealized loss of nearly $1.7 million

PANews, June 24 – According to Ai Yi, address 0xa2e…f1468 went long on 21,000 ETH on Hyperliquid with approximately 18x leverage, with a notional position of about $34.61 million. The entry price was $1,728.5, and the current unrealized loss is approximately $1.696 million, with a liquidation price ...

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🔗 https://www.panewslab.com/en/articles/019efa0e-5ee7-768b-99be-9f996b246da8
Binance Withdraws MiCA License Application in Greece, Will Seek Authorization in Another EU Member State

PANews, June 24 – Binance announced that it has decided to withdraw its MiCA license application submitted in Greece and will instead seek authorization in another EU member state. The company stated that the move is based on a prudent assessment of the current approval progress and timeline in Gree...

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🔗 https://www.panewslab.com/en/articles/019efa0f-6a9f-72bf-be29-9ce91f2bb4a6
Standard Chartered Predicts Aave Could See 50x Upside by 2030

PANews, June 24 – Standard Chartered has initiated coverage on the decentralized lending protocol Aave, setting a price target of $3,500 for the AAVE token by the end of 2030, representing an approximately 50x upside from the current price of around $70, according to The Block. The report notes that...

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🔗 https://www.panewslab.com/en/articles/019efa12-8f4b-7535-85f5-e140e27904bc
Address 0xebe8 closes 800 BTC long position, losing approximately $1.26 million

PANews, June 24 – According to Lookonchain, as BTC fell below $61,000, address 0xebe8 closed its long position of 800 BTC on Hyperliquid, with a notional size of approximately $48.8 million, resulting in a loss of around $1.26 million on this trade.

🔗 https://www.panewslab.com/en/articles/019efa25-a351-73eb-b441-76f50d6f2b8a
Hong Kong-listed CIMG spends approximately $13.5 million to acquire 208 bitcoins

PANews, June 24 – According to Bitcoin Magazine, Hong Kong-listed company CIMG has purchased 208 BTC, with a total transaction value of approximately $13.5 million.

🔗 https://www.panewslab.com/en/articles/019efa32-23e3-70be-b4ba-059612db4172
World Cup ignites prediction markets: Polymarket trading volume surges, Kalshi open interest hits new high

PANews June 24 news, according to The Block, prediction market platform Polymarket saw the "Soccer" category surpass $2 billion in trading volume in the first 10 days after the World Cup kicked off, up about 300% compared with the previous 10-day period, with the category’s average daily volume risi...

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🔗 https://www.panewslab.com/en/articles/019efa48-79b9-7360-99a4-eb4bfb735c75
Trump Refuses to Sign Bill Containing U.S. CBDC Ban, Presses for Election Bill Advancement

PANews June 24 news, according to CoinDesk, U.S. President Trump refused to sign a bipartisan housing bill that includes a four-year ban on a U.S. central bank digital currency (CBDC), temporarily canceling the originally scheduled signing ceremony and demanding that Congress first pass his flagship...

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🔗 https://www.panewslab.com/en/articles/019efa4f-7794-773e-a3cf-437271c7f6e0