Odaily Planet Daily reports that Federal Reserve Chair Janet Hamak stated that maintaining current interest rates is reasonable given the considerable uncertainty surrounding the economic outlook, but officials may need to act quickly to address rising inflation. Hamak said she is more concerned about inflation, as it has exceeded the Fed's 2% target for five years; she is less worried about the continued strength of the labor market. Hamak stated that the Fed's benchmark interest rate "may not be restrictive," and she has not heard business owners complain that high interest rates are hindering their investment. Price pressures are "widespread," covering both goods and non-housing services. (Jinshi)

According to Odaily Planet Daily, SpaceX is pressuring banks to achieve a record low IPO fee rate. SpaceX is in talks with banks underwriting its initial public offering (IPO) to seek underwriting fees below 0.75%. Despite SpaceX's negotiations to reduce underwriting fees, banks are still likely to receive approximately $500 million from this IPO. (Jinshi)

Odaily Planet Daily reports that Israeli Prime Minister Benjamin Netanyahu, speaking at the swearing-in ceremony of the new head of the Israeli intelligence and secret service (Mossad) today (June 2), vowed that "the Iranian regime will eventually fall." Netanyahu stated, "All those who plot to harm Israel should know that their schemes will fail and they will pay an extremely heavy price—and Iran has already paid an extremely heavy price; the foundations of its regime have been shaken, and it can never return to what it was before." (CCTV International News)

In the past hour, total liquidations across the network reached $10.16 million, with $9.12 million from long positions, with $1.04 million from short positions. BTC liquidation $7.29 million, ETH liquidation $126,548.03.

According to Huoxun Finance, Strive CEO Matt Cole announced that the company has purchased an additional 2,500 bitcoins, for a total transaction value of approximately $185.2 million, with an average purchase cost of approximately $74,092 per bitcoin. Following this purchase, Strive's bitcoin holdings have reached 19,000.