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BlockBeats News, June 24th, according to Hyperinsight monitoring, as Micron's earnings report approaches, the trading activity of the MU contract on the Hyperliquid platform has significantly increased. The 24-hour trading volume is approximately $459 million, with an open interest of $195 million. The contract price touched near $1030 early this morning and rebounded, currently trading at $1091. Last night and this morning, two on-chain whales successively opened MU short positions, with a total scale of $8.3 million. The average entry price is around $1071, with a slight unrealized loss at the moment. The recent liquidation price is located at $1470. Currently, the two addresses hold a total of $55.5 million in various US stock short positions, with one address belonging to the well-known trader CBB. Address: 0xda3768e9299e1fd81708ec030dac5ea37125f7b5 Address: 0x49e96e255ba418d08e66c35b588e2f2f3766e1d0

Foresight News reports that stablecoin protocol Cap Labs has announced that the CAP token will officially launch on June 26. The total supply of CAP is 10 billion, with an initial circulating supply accounting for 15.60% (5% allocated to the ICO, 10% allocated to the ecosystem, and 0.6% allocated to market makers); private investors, the project team, and Echo community sales will begin unlocking 12 months after the TGE release, with 25% of allocations unlocked on the first anniversary of the TGE, and the remainder vested linearly over 3 years on a monthly basis. Uniswap CCA participants will be able to exchange rCAP for CAP. In the CAP tokenomics, 47.45% is allocated to the ecosystem and community, private investors and the project team each receive no more than 20%, the ICO accounts for 5%, Private TVL Deals account for 3.75%, Echo community sales account for 3.28%, and market makers account for 0.52%.

```htmlGolden Ten Data reported on June 24 that the Bank of Japan signaled in the minutes of last week's board meeting that there is a need to further raise the benchmark interest rate. At last week's meeting, the Bank of Japan raised the policy interest rate to the highest level since 1995. According to the minutes released on Wednesday, a board member stated: "Given that the core CPI inflation rate has approached 2% and the financial environment is relatively loose, the central bank should continue to raise the policy interest rate in response to current economic, inflation, and financial conditions." Last week, the Bank of Japan implemented its first rate hike since December last year and clearly indicated that further hikes are expected in the future, though the minutes did not provide specific guidance on the timing of the next increase. Nevertheless, the minutes reinforced market expectations for another rate hike before the end of the year. The day after the meeting, a survey of economists showed that about 90% of respondents expect another rate hike before December, with more than one-third predicting the next adjustment window will be in October. Economists now expect the interest rate in this cycle to reach 1.75%, higher than the 1.5% forecast in a survey earlier this month.```