News

According to Odaily, on-chain analyst AiYi has monitored that a16z-related entities have not accumulated any HYPE for a week. In the past 5 hours, a total of 77,400 HYPE, worth $5.18 million, have been transferred to major exchanges. Although this entity frequently transfers coins to exchanges, the size is smaller than the amount it accumulates; over the past week, the price of HYPE has remained largely flat.

Foresight News reports that ZetaChain has issued an announcement stating it will gradually shut down traditional cross-chain infrastructure to focus on Anuma and next-generation directions such as user-owned memory, identity, permissions, payments, and AI agents.According to the transition plan, ZetaChain will decommission traditional cross-chain services in three phases: starting June 1 (the platform will completely stop deposits, but users may continue to withdraw eligible assets); before June 30 (offering users a final withdrawal window); starting June 30 (all ZRC20 token withdrawals will be suspended indefinitely, and cross-chain monitoring for Bitcoin, Ethereum, Solana, Arbitrum, Base, BSC, Polygon, Avalanche, Sui, and TON, across 10 chains, will be terminated).

Golden Ten Data reported on June 30 that the Reserve Bank of Australia's June meeting minutes indicate the central bank believes monetary policy needs to remain tight in order to eliminate excess demand in the economy. Since the meeting minutes were compiled before Brent crude oil prices had dropped by more than 10% last week, the hawkish tone reflected in the document is now clearly out of sync with current market trends. At present, the market expects the likelihood of further policy tightening by year-end to be just 10 basis points, while the probability of an easing monetary policy by 2027 stands at 17 basis points. The Australian dollar faces a contradiction: on the one hand, the Reserve Bank of Australia has made it clear it remains prepared to raise rates again if necessary; on the other hand, the market believes interest rates have likely already peaked. If upcoming data confirms that weaker oil prices are gradually translating into lower inflation expectations, the Australian dollar may face repricing. Meanwhile, falling house prices in Sydney and Melbourne have increased risks to domestic economic growth, potentially strengthening the market's dovish repricing even if the Reserve Bank of Australia's wording remains clearly skewed towards tightening.