Taiko: Attack vectors have been blocked, network to restart in four steps.

White House National Economic Council Director Hassett said that to celebrate the official launch of the "Trump Account" for minors, officials from Nasdaq and the New York Stock Exchange (NYSE) plan to jointly ring the opening bell at the White House Oval Office. Hassett stated, "Next week we will hold a grand opening bell-ringing ceremony, during which Nasdaq and the New York Stock Exchange will jointly ring the bell at the Oval Office for the first time ever. They are doing this to celebrate the official rollout of the 'Trump Account' and to let everyone know that now is the time to open an account for their children, even if the child was not born this year." This tax-advantaged savings account, previously announced by Trump, will officially launch on July 4. All U.S. citizens born between 2025 and 2028—a period covering Trump’s second presidential term—will receive an initial $1,000 investment from the U.S. government. Older children can also open and use such accounts, however. Additionally, some eligible children will receive an extra $250 contribution from Michael Dell, founder of Dell Technologies, and his wife Susan. The White House did not immediately respond to a request for comment on the arrangements. Trump previously rang the opening bell at the New York Stock Exchange in December 2024, ahead of his second presidential inauguration.

After the announcement of Strategy's "Digital Credit Capital Framework", both MSTR and STRC have seen significant rebounds. Among them, STRC is currently trading at $81.696, and expectations of it returning to the $100 mark are rapidly heating up. As of press time, STRC's perpetual contracts on trade.xyz have reached their open interest limit.

BlackRock and Ethena Labs announced a deepened partnership. BlackRock’s institutional investment management platform Aladdin will expand support for Ethena’s stablecoin products, with USDe joining the list of crypto assets backed by Aladdin. The two parties will also launch a $100 million liquidity mechanism via Securitize, enabling conversions between BlackRock’s tokenized U.S. Treasury fund BUIDL and stablecoins including USDC and USDtb. Eligible clients will be allowed to complete swaps between stablecoins and BUIDL during non-trading hours, aimed at boosting interoperability between tokenized assets and digital dollars.

According to market reports, BlackRock plans to integrate USDE into its investment platform, which has $25 trillion in assets under management.

Cantor Fitzgerald has raised target prices for multiple semiconductor companies, citing the durability of the AI infrastructure cycle and stronger-than-expected long-term industry growth. The adjustments are as follows: Micron’s target price was lifted from $1,500 to $2,000 (rating: Overweight); Marvell’s target price was raised from $220 to $300 (rating: Neutral); Lam Research’s target price was increased from $425 to $500 (rating: Overweight); Intel’s target price was lifted from $90 to $150 (rating: Neutral); and AMD’s target price was raised from $500 to $700 (rating: Overweight). Cantor forecasts that AI infrastructure construction will propel the semiconductor industry into a multi-year super cycle, with sector revenue potentially exceeding $3.5 trillion by 2030.

JPMorgan said that based on its conversations with clients and market participants, institutional demand for perpetual futures remains limited, with the products more widely viewed as speculative trading tools rather than alternatives to traditional derivatives. The report noted that while perpetual futures enable 24/7 trading and eliminate rollover costs, most trading activity stems from traders seeking leveraged directional exposure, not institutions with genuine hedging needs. Additionally, factors including basis risk, the absence of a term structure, insufficient physical delivery, and the lack of traditional clearing guarantees for on-chain products are constraining institutional adoption, per the report. (CoinDesk)