Here is a smoother, reworded version of the passage:
Hedge funds are now more bearish on the Japanese yen than at any point since 2007, ramping up short positions to nearly 138,000 contracts as of June 30.
Ripple Expands Presence with XRP Deal
The University of Kansas has partnered with Ripple, introducing XRP branding on its athletic uniforms.
Bitcoin Drops Amid Rising Geopolitical Tensions
Bitcoin slid to a session low after Donald Trump said the U.S. could launch additional strikes on Iran later tonight, speaking alongside Ukraine’s Volodymyr Zelenskyy at a NATO summit. He accused Iran of repeatedly breaching the ceasefire agreement.
BTC fell to about $61,800, down 2.5% over the past 24 hours. At the same time, WTI crude oil climbed above $74 per barrel, gaining 5% on the day. U.S. stock futures partially recovered, with Nasdaq futures down roughly 0.7% after earlier losses of nearly 2%.
Blue Origin Moves Toward Major Fundraise
Jeff Bezos’ Blue Origin is reportedly close to securing a $10 billion funding round that would value the company at $130 billion. Coatue Management is expected to contribute $4 billion, while Bezos himself plans to invest an additional $2 billion.
Trump Calls for Ending Trade With Spain
Speaking at the NATO summit in Turkey, Trump criticized Spain’s defense spending and called for a complete halt to U.S. trade with the country, instructing Treasury Secretary Scott Bessent to cut economic ties.
OpenAI Model Names Stir Crypto Community
OpenAI announced the global release of its GPT-5.6 models—Sol, Terra, and Luna—after a limited preview. While the names reference celestial bodies, they sparked reactions in crypto circles due to their link to the 2022 Terra-Luna collapse.
RWA Derivatives Market Explodes
Perpetual futures tied to real-world assets have surged dramatically, with trading volume hitting $347 billion in May, up from $230 million at the start of 2025. Year-to-date volume has surpassed $1.32 trillion, with Binance leading the sector.
Bitcoin ETFs See Renewed Inflows
U.S. spot Bitcoin ETFs recorded $21.44 million in inflows on Monday, marking three consecutive days of gains. BlackRock’s IBIT led the inflows, pushing total ETF assets to $77.26 billion. Bitcoin traded around $63,800 following the update.
Markets React to Ceasefire Breakdown
Trump declared the Iran ceasefire effectively over, adding fresh uncertainty to global markets. Oil prices jumped 5% above $74, while Bitcoin fell to $62,000. Nasdaq futures dropped around 1.2%.
Robinhood Chain Surpasses $100M TVL
Robinhood’s layer-2 blockchain on Arbitrum has exceeded $100 million in total value locked just a week after launch, with most funds flowing into the Morpho lending platform.
Korean Stocks Slide Into Bear Market
South Korea’s Kospi index has dropped about 20% from its recent high, entering bear market territory amid concerns over AI demand. Despite this, Bitcoin has remained relatively stable near $62,650, holding onto weekly gains.
Inflation Expectations Continue to Rise
A New York Fed survey shows U.S. consumers now expect inflation to reach 3.7% over the next year, the highest since 2023. This trend is boosting interest in assets like gold and Bitcoin as inflation hedges.
Yen Weakness Pushes Firms Toward Crypto
With the yen near a four-decade low, Japanese companies are increasingly turning to Bitcoin and XRP to diversify reserves. SBI VC Trade reported a surge in corporate demand as firms look for alternatives to depreciating cash holdings.
