AAVE breaks through $280

The Federal Reserve's Kashkari said that if the labor market deteriorates significantly, the Federal Reserve may cut interest rates even if inflation remains high.

According to CCTV news, on the 24th local time, UN Secretary-General Guterres welcomed the ceasefire between Israel and Iran announced by US President Trump. Guterres urged Israel and Iran to fully abide by this ceasefire agreement. Guterres said that the conflict must stop, the people of Israel and Iran have suffered too much. In addition, Guterres expressed the hope that this ceasefire can be replicated in other conflicts in the region.

On Tuesday afternoon local time, the House of Representatives rejected a congressman's proposal to impeach Trump by a bipartisan vote. Lawmakers agreed to put the measure on hold, a procedural mechanism that allows lawmakers to vote against consideration of a bill without having to vote on the bill itself. The resolution, introduced by Rep. Al Green of Texas, came after Trump addressed a joint session of Congress earlier this year.

Israeli Prime Minister Benjamin Netanyahu: If anyone attempts to revive the nuclear program, we will act with the same force.

On June 25th, as of the close of 2:30, the main contract of Shanghai Gold closed down 1.25%, reported 770 yuan/gram, the main contract of Shanghai Bank closed down 1.06%, reported 8672 yuan/kg, and the main contract of SC crude oil closed down 9.27%, reported 502 yuan/barrel.

Federal Reserve Kashkari: If the labor market deteriorates significantly, the Federal Reserve may cut interest rates, even if inflation remains high.

The Federal Reserve's Kashkari said that inflation remains above its 2% target, but significant progress has been made; tariffs have brought complexity; and the Federal Reserve is currently on the sidelines to gain more clarity on the impact of tariffs on inflation.

According to Iran's Nour News, Iranian airspace will reopen tonight local time, but no specific time has been announced.

U.S. Treasury Secretary Vincent Bescent: We will take action on state and local taxes (SALT) in the next 48 hours.

The 2026 FOMC voting committee and Minneapolis Federal Reserve President Kashkari will participate in a chamber of commerce talk in ten minutes.

Market news: European Union retaliatory tariffs on U.S. imports could include Boeing aircraft.

Grey release (Grayscale) announced the launch of the Space and Time Trust, which provides investment exposure to SXT. It is now open to eligible individual and institutional investors. The verifiable computing layer Space and Time (SXT) is backed by M1, Microsoft's venture capital arm.