Point of View: The Federal Reserve Has Over-Eased, with a 65% Chance of Stagflation in the United States

South Korea’s Financial Supervisory Service (FSS) chief Lee Chan-jin reiterated a clear warning at the 3rd Consumer Risk Response Meeting yesterday that leveraged investment is spreading across the entire financial industry, which could severely harm household financial soundness. Lee emphasized that when household financial assets are overly concentrated in specific assets or leveraged investment exceeds their affordability, households face not only massive loss risks but also a sharp deterioration in overall financial health. Additionally, he ordered financial companies to fully disclose the structure and risks of leveraged investment throughout the entire lifecycle of financial product design, development and sales, and strictly regulate sales practices to avoid inducing "borrowing to invest".

According to South Korean financial media Financial Post, despite another sharp fall in South Korea’s stock index today, South Korean retail investors still posted net capital inflows, with net purchases totaling 2.3179 trillion won (approximately $15.22 billion). However, foreign investors sold 2.274 trillion won (about $14.93 billion), driving the overall stock price decline. Institutional investors also offloaded stocks worth 63.2 billion won.

Last January, the eponymous meme coin TRUMP launched by former US President Trump seemingly marked the end of an era. A year and a half later, crypto KOL Ansem appears set to "make meme great again" single-handedly. According to GMGN’s market data, as of press time, the circulating market capitalization of the ANSEM token stands at $417 million, having overtaken TRUMP’s $395.8 million. It should be noted that 65% of the ANSEM token supply was originally allocated to Ansem, but this portion is not locked. Ansem has also been continuously using this allocation for community airdrops and promotion incentives. As such, this 65% allocation is not classified as locked tokens. Currently, after several rounds of distribution, Ansem’s token holdings have fallen to 58.43%. BlockBeats Note: Meme coins are highly volatile, largely driven by market sentiment and concept hype, with no inherent real-world value or utility. Investors should exercise caution and be mindful of the associated risks.

Per Bitget market data, South Korea’s KOSPI index’s decline has continued to widen, falling 7% to 7487.25 points. Samsung and SK Hynix both dropped nearly 9%. Separately, the Southern 2x Bull Samsung Electronics (07747) fell over 20%, while the Southern 2x Bull SK Hynix (07709) declined more than 19%.

According to official announcements, Sign has officially partnered with Bhutan's sovereign wealth fund Druk Holding & Investment (DHI) subsidiary, the National Digital Identity Company (Bhutan NDI), to jointly build secure, inclusive, and interoperable sovereign digital identity and verifiable credential systems for governments worldwide. Earlier news: On June 18, the SIGN Foundation, Bhutan NDI, and Sierra Leone’s Ministry of Communications, Technology and Innovation (MoCTI) signed a memorandum of understanding (MoU) to jointly design, develop, and implement Sierra Leone’s national digital identity platform. The platform is built on open-source technology and W3C-compliant verifiable credentials, enabling citizens to securely prove and manage their identities while upholding high standards of privacy, security, and data sovereignty.

Per official announcement, to cater to users’ diversified investment needs, Bitget has launched 13 stock and ETF perpetual contracts, including TTWO (Take-Two Interactive Software), BSP (Bending Spoons), SUMIELEC (Sumitomo Electric), DISK (Tema Storage ETF), BNC (CEA Industries), and others. All these contracts are settled in USDT, support up to 20x leverage, and enable 24/7 trading. For more details, please refer to Bitget’s official platform.