Last night's breaking news roundup! Fill in the information gaps in 1 minute | 6/12

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1⃣ Trump announced a framework ceasefire agreement between the US and Iran, causing the Dow Jones Industrial Average to surge nearly 800 points that day, while oil prices fell in tandem.

2⃣ Mike Selig, Chairman of the U.S. CFTC, stated that he will push for the inclusion of crypto perpetual contracts in the regulated U.S. market and emphasized that the crypto industry will no longer be dealt with through "enforcement instead of regulation."

3⃣ The Bank of Japan is expected to raise interest rates to a 31-year high next week, as expectations of tightening global liquidity continue to rise.

4⃣ US BTC spot ETFs saw a net outflow of $214 million yesterday, while ETH ETFs experienced a net outflow of $35.59 million.

5⃣ The US PPI rose 1.1% month-on-month in May, significantly exceeding the expected 0.7%, indicating that wholesale inflationary pressures continued to be transmitted downwards.

6⃣ Binance Wallet opens subscription channel for SpaceX's tokenized security SPCX, minimum investment of 100 USDC.

7⃣ Anthropic's new model Fable has been exposed for its silence on biosafety research capabilities; following strong protests from the community, officials have promised to rectify the situation.

8⃣ Anthropic CEO Dario Amodei published an article arguing that governments should have the right to veto high-risk AI and require mandatory testing before its release.

9⃣ OpenAI is reportedly considering a significant price cut to poach enterprise customers from Anthropic, potentially eroding the profit margins of both companies.

Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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