Federal Reserve Chair Walsh plans to appoint two senior central bank economists as advisors.

According to Fortune, crypto venture capital firm Framework Ventures has closed its fourth fundraise, raising $400 million. Investors include Ivy League endowments, sovereign wealth funds, and nonprofits, though specific backer names were not disclosed. Framework co-founders Vance Spencer and Michael Anderson said the new fund will target "cutting-edge technologies" spanning not only crypto but also AI, robotics, energy and other sectors. Roughly half of the fourth fund has already been deployed to date. Founded in 2019, Framework Ventures initially focused on DeFi investments, having participated in early rounds of leading protocols such as Aave and Chainlink. Prior to this, the firm closed its $100 million second fund in 2021 and $400 million third fund in 2022.

According to Fortune, crypto venture capital firm Framework Ventures has announced the final close of its fourth fund, raising $400 million. Limited partners include Ivy League endowments, sovereign wealth funds, and non-profit organizations, though specific names have not been disclosed. Framework co-founders Vance Spencer and Michael Anderson said the new fund will invest in "cutting-edge technologies" spanning not only crypto but also AI, robotics, energy, and other sectors. Roughly half of the fourth fund has already been deployed. Founded in 2019, Framework Ventures initially focused on DeFi investments, backing early rounds of leading protocols such as Aave and Chainlink. Previously, the firm closed its $100 million second fund in 2021 and $400 million third fund in 2022.

According to monitoring by Onchain Lens, an address linked to BlackRock’s ETFs has deposited 2,700 BTC (valued at approximately $161 million) and 41,996 ETH (worth around $65.16 million) into Coinbase, with more assets likely to be deposited.

Reuters survey: The median forecast shows the Federal Reserve will keep the federal funds rate in the 3.50% to 3.75% range through the end of 2027, compared to a projection of one interest rate cut in the June survey.

Base has postponed its Beryl mainnet upgrade to June 26 at 18:00 UTC to ensure the full activation of the B20 Activation Registry. Developers must wait until the registry goes live to deploy B20 tokens, with an estimated maximum wait time of roughly one hour. Base noted that the earlier approximately two-hour mainnet block outage is unrelated to this upgrade. Beryl will also cut Base’s withdrawal waiting period to Ethereum from seven days to five days, and integrate Reth V2. Earlier, Coinbase’s Layer 2 network Base officially announced it would soon launch a major upgrade, Beryl, whose core highlight is the introduction of Base’s native token standard B20, designed to provide more robust infrastructure support for on-chain asset tokenization.

According to Hyperinsight’s monitoring, U.S. PCE inflation has risen to a three-year high, with safe-haven buying potentially driving gold to rebound from its lows. The Hyperliquid platform is currently trading at $4051, up 1.5% in 24 hours, making it one of the few assets to turn positive amid a broad sell-off in the HIP-3 market over the same period. At 10 AM today, a trader continuously added long positions in gold after it briefly dipped below $4000, going long 150 GOLD contracts with 20x leverage for a total size of $607,000 at an average entry price of $4006—precisely near the low point. The position now boasts an unrealized profit of 21.7%. Among all large on-chain positions, the average entry price for long positions stands at around $4255, while short positions average $4285. This address’s entry cost is lower than the overall market average. Address: 0x9c00d5e11cb1f2e4fcc94a204d50797072291256