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ChainCatcher news, according to Coinglass data, the current Crypto Fear and Greed Index is 24, up 3 points from yesterday. The 7-day average is 19, and the 30-day average is 18.

1. During the Asian trading session on Tuesday, the Australian dollar continued its weakness against the US dollar, hitting a two-and-a-half-month low. As expectations for the Reserve Bank of Australia’s monetary policy outlook have reversed, some analysts believe the current decline may only be the beginning of a deeper correction.2. The slowdown in Australia's economic momentum, coupled with global energy prices retreating from highs, means the overnight index swap market no longer fully prices in further rate hikes, suggesting that the Reserve Bank of Australia's tightening cycle has likely reached its end.3. In contrast, the market expects the Federal Reserve to raise rates at least once more this year, making the divergence between US and Australian monetary policy paths increasingly clear. Just two months ago, markets generally bet on two more hikes from Australia and none from the Federal Reserve, but expectations have now completely reversed.4. Although officials from the Reserve Bank of Australia stated this month that further rate increases remain possible if necessary, investors generally believe the threshold for more tightening has risen significantly against the backdrop of slowing economic growth and falling oil prices. In the short term, the Australian dollar may continue to face dual pressures from narrowing interest rate spreads and cooling risk appetite.

Glonghui, June 23 — SoftBank Group founder Masayoshi Son stated that the space data center proposal, strongly promoted by Elon Musk, has limited value, and the outcome of the artificial intelligence race will be determined by terrestrial computing power. On Tuesday, during SoftBank's annual mobile business shareholders meeting, Masayoshi Son discussed that the main perceived advantage of building space data centers is a substantial reduction in electricity costs, but electricity fees constitute only a small portion of a data center's overall operating expenses, with chips and other hardware being the major expenditures. He added that even if electricity costs could be saved, companies would still face high material space transportation costs, maintenance expenses, and communication latency issues, which outweigh the benefits. On-site, a SoftBank shareholder asked whether the Japanese company would follow Tesla's CEO's grand vision. Masayoshi Son responded: “AI competition over the next few years is far more critical than distant plans for ten years from now.” SoftBank will focus on building large-scale, robust terrestrial data center computing power. In his view: “First movers will win.”