News

```htmlGolden Ten Data reported on June 30th that the Japanese government released its monthly economic report on Tuesday, maintaining its assessment of a "moderate recovery" and indicating that the economy still has room for expansion. The index for May, to be announced on July 7th, is expected to show that the economy has been in a growth trend for 72 consecutive months (six years). If the readings for June and July also point to continued growth, the current expansion phase will surpass the previous record of 73 months. Driven by robust growth in consumer spending and trade, Japan’s economy has performed well at the start of this year, with demand for artificial intelligence-related products providing key support for exports. However, household consumption trends remain uncertain due to inflation eroding purchasing power. Toshihiro Nagahama, Chief Economist at Dai-ichi Life Research Institute and a private member of the Komeito government’s Economic and Financial Advisory Committee, is more optimistic about the future: “With the boom in generative AI investment and resilient production activity, it’s unlikely that the economy will enter a recession in the short term.”```

According to DefiLlama data, the total DeFi TVL across the network has fallen below $70 billion, marking a new low since February 24, 2024. This represents a decline of approximately 60% from the recent peak of $171.02 billion on October 7, 2025.

On June 30, Bloomberg reported that SpaceX's record-breaking initial public offering was originally seen as a significant opportunity for Korea's Mirae Asset Securities to expand its international investment banking business. However, due to a communication misunderstanding during the allocation process, the brokerage ultimately did not receive any allocated shares. Following the incident, Mirae Asset Securities has apologized to its clients, and Korean regulatory authorities have intervened to examine its related business processes and internal management.