Federal Reserve Governor Barr said it may be necessary to continue raising interest rates

The Federal Reserve's Williams stated that a rate hike is needed by the end of 2026 to achieve its inflation target.

Kalshi is in talks to raise $1 billion at a valuation of $40 billion, which is almost double the $22 billion valuation in May. Tiger Global and Dragoneer are among the investors participating in the negotiations (source: Reuters)

Wallets holding 100000 to 10000 BTC increased their holdings by 41025 BTC within 10 days, bringing their total holdings to 13.64 million BTC, accounting for 67.93% of the total supply, while retail wallet holdings of less than 0.01 BTC remained stable. （Santiment）

OpenAI plans to raise $30 billion at a valuation of $1.4 trillion. (Source: Bloomberg)

Musalam stated that granting the central bank the power to make interest rate decisions also requires the Federal Reserve to explain "how and why this power is being used".