Federal Reserve Chair Waller’s newly appointed advisors, all with nearly 30 years of central banking experience, represent his first personnel arrangement since taking office.

US Treasury official statements clarify that starting July 4, eligible US children’s accounts will automatically receive $1,000 in government seed funds, with the accounts officially launching for operation. The "Trump Child Investment Accounts" are projected to inject $30–50 billion in incremental funds into US stocks in their first year. Later, families and employers can contribute up to $5,000 per account annually, leading to hundreds of billions or more in stable long-term capital inflows that will underpin sustained buy-side support. The "Trump Accounts" (also known as 530A accounts) are tax-deferred investment account programs established by US President Trump on June 9, 2025 under the "Big and Beautiful" Act, created for US citizen children born between January 1, 2025 and January 1, 2029, as government-funded savings accounts. Initial funds for the accounts come primarily from government allocations, private donations, and household deposits. Each account receives a $1,000 initial federal grant; parents may add up to $5,000 annually. Account holders can withdraw 50% of funds at age 18, use the full amount for education or entrepreneurship at age 25, and face no restrictions on fund use at age 30. On the investment front, accounts are limited to low-cost investment funds or ETFs tracking broad market indices like the S&P 500, and cannot be used to invest in sector-specific or industry-specific indices. Fund usage is also restricted: before January 1 of the year the child turns 18 (the US legal age of majority), funds in the account cannot be withdrawn for any reason, except in cases of the child’s death or transfer to another similar restricted account. The program is scheduled to open for its first deposits on July 4, 2026—the 250th anniversary of the US Declaration of Independence—right ahead of the 2026 midterm elections, and is expected to become a key policy trump card for the Republican Party to win over voters.

According to EmberCN’s monitoring, a whale who has held Ethereum (ETH) for eight years sold his final 20,000 ETH half an hour ago, completing a full liquidation and reaping a profit of $27.53 million. The whale sold a total of 37,598 ETH today, exchanging the tokens for 58.69 million USDS at an average selling price of $1,561, while he acquired these ETH at $829 per unit eight years ago.

According to HyperInsight monitoring, Huang Lichang, nicknamed "Big Brother Ma Ji", is facing a critical situation with his Ethereum (ETH) long positions. He sold one of his 150 Bored Ape Yacht Club (BAYC) NFTs from his holdings, using the proceeds to add margin and top up his long position. The account linked to "Big Brother Ma Ji" has racked up total losses of $33.85 million, with $2.43 million in losses over the past month. Huang Lichang himself just posted, stating: "We need more Tom Lee. I’m 8% away from being liquidated." His current ETH position is valued at $1.64 million, with an average entry price of $1,562.21 and a liquidation price of $1,538.84.

According to Lookonchain monitoring, a whale that netted $4.4 million from shorting BTC, ETH, and SOL four days ago has returned, opening another 20x-leveraged short position on 912.9 BTC (valued at $54.55 million) and 10,025 ETH (valued at $15.65 million).

According to TASS, Russia’s Ministry of Energy has drafted a government resolution proposal to ban cryptocurrency mining in parts of Moscow, Moscow Oblast, and Kursk Oblast starting July 1, 2026. The ban will remain in effect until December 31, 2032. Russian authorities assessed that Moscow and Moscow Oblast currently have 65 connected data centers with a total power capacity of 734 megawatts, including 19 data centers in Moscow Oblast with a combined power of 233 megawatts.

Grayscale’s Hyperliquid spot ETF (ticker: HYPG) posted a single-day net inflow of $108.1 million, lifting its cumulative net inflow since launch to $123.5 million. Separately, Bitwise’s Hyperliquid spot ETF (ticker: BHYP) has accumulated $114.7 million in net inflows, while 21shares’ THYP recorded a net inflow of $60.2 million.