CZ announced that Binance bStocks' asset under management (AUM) has reached $100 million. （Cointelegraph）

According to a report by Golden Ten, Deutsche Bank analyst Michael Hsueh has lowered his third quarter gold price forecast by over 20% to $4300 per ounce and his fourth quarter price forecast by 17% to $4800 per ounce. Michael Hsueh pointed out that weak demand for exchange traded funds and weakened buying intentions in some countries have led to a lack of investor demand.

A survey by Citigroup and YouGov found that the UK's inflation expectations for the next year fell from 4.7% in May to 3.8% in June, with long-term inflation expectations dropping by 0.1 percentage points to 3.9%. The market's bets on the Bank of England raising interest rates have decreased.

CommSec, an online securities trading platform under the Commonwealth Bank of Australia, has implemented temporary sell only restrictions on multiple cryptocurrency ETFs in Australia that have physical redemption capabilities. Monochrome CEO Jeff Yew stated that IBTC and IETH can still be traded through other brokers, and is currently in communication with CommSec to ensure their understanding of the physical subscription and redemption operation framework and investor protection mechanism of IBTC and IETH.

Binance stated that the participation threshold for the Cap (CAP) TGE event is 225 Alpha points, and 15 points will be deducted for participation. The event is open from 18:00 to 20:00 today (UTC+8).