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Kalshi plans to require employer disclosure for certain prediction markets tied to sensitive or nonpublic information, aiming to deter insider trading. The move comes as Kalshi's perpetual futures futures contracts that don't expire exceeded $1B in trading volume just 1 week after debuting.
Brent crude futures gained 1.3%, surpassing $92 per barrel, after President Trump said that Iran must "pay the price" for allegedly slow-walking a peace deal.
Inflation hits 3-year high: U.S. consumer prices rose 4.2% YoY in May, up from 3.8% in April and the highest reading since April 2023. Core inflation rose 2.9% YoY.
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Euro-zone growth forecast cut: Europe's economic outlook has weakened as the Iran conflict keeps energy prices elevated, with Barclays cutting its euro-zone growth forecast to 0.7% in 2026 and 0.9% in 2027. Inflation has risen from 1.9% in February to 3.2% in May, prompting expectations that the ECB will raise interest rates.
XAGUSD (Silver) – 1H Technical Analysis
Market Structure: Strong Bearish
The chart shows a very aggressive bearish impulse with multiple BOS (Break of Structure) confirmations and stacked FVGs above price. Currently, silver is consolidating near the lows after a strong sell-off, which typically suggests continuation unless buyers reclaim key supply zones.
Key Observations
Bearish Factors
• Strong impulsive sell-off from 73+ area to 67 area.
• Price remains below all major FVGs and supply zones.
• Lower highs and lower lows intact.
• Current consolidation is occurring near the bottom of the move (bear flag characteristics).
No bullish CHoCH visible yet.
zcash:native COLLAPSES 40%+. A critical zero-knowledge proof bug buried inside Zcash's Orchard privacy pool since May 2022 has just been publicly disclosed. Security engineer Taylor Hornby, using Anthropic's Claude Opus 4.8, wrote a complete working exploit that generated unlimited, undetectable counterfeit ZEC in local testing. The patch shipped June 2, but the damage to confidence is done, traders are selling on the fear that fake coins may have already been minted inside the shielded pool.
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