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__ZM ZEST CHADS__
We are getting ready for the Stacks Defi Show at 10 am ET!! Be sure to tune in for the alpha and to stay ahead of the curve!! You can set your reminders here:
https://x.com/i/spaces/1rxmqqEqqLzxy?s=20
CPI Data came in cooler than expected and BTC took off like a rocket!! Lets take a look at the numbers:
June 2026 CPI (Released Today)Headline CPI: +0.2–0.3% month-over-month (cooler than recent readings); ~3.9–4.0% year-over-year (modest cooling from May’s 4.2%).
Core CPI (ex-food/energy): +0.2% m/m; ~2.85–2.9% y/y (sticky but not re-accelerating).
Key drivers: Energy (gasoline) eased somewhat after prior surges; shelter/housing remained a persistent pressure; food relatively stable.
Implication: Mildly positive for markets/Fed — inflation is not worsening sharply, but not yet rapidly declining to 2% target. Last big inflation read before late-July Fed meeting.
Today’s futures/pre-market (early session): Mixed/flat-to-soft. Limited reaction so far to CPI (energy up on geopolitics, tech trying to stabilize).
Drivers: Renewed US-Iran/Hormuz tensions → oil spike (energy sector support, but inflation fears); AI/tech pullback; caution ahead of bank earnings.
3. Commodities & Other AssetsOil: Strongly higher (WTI ~$80, Brent higher) on geopolitical risks.
Gold: Holding firm near $4,000–$4,025 (safe-haven/inflation hedge bid).
Bitcoin: ~$62k–$64k range, sensitive to risk sentiment but looking strong after a move to the upside
__aUSD SUPPLIERS NEED TO WITHDRAWAL__
If you have supplied aUSD on Zest be sure to withdraw it and peg it out as Brotocoll will be suspending it in the next couple days!!
https://x.com/ALEXLabBTC/status/2076672153278202098
__LAST DAY TO CLAIM YOUR SEASON 1 ZEST AIRDROP__
Today is the last day to claim your season 1 $ZEST airdrop!! Be sure to head over to the Zest Protocol app and claim. Unclaimed Zest will be going back to the treasury for future rewards!
If you have participated in season 1 of borrowing and lending on Zest please be sure to claim your tokens!!
__TOPIC OF THE DAY__
Will stBTC finally unlock Bitcoin’s $2 trillion+ idle capital for DeFi, or will it introduce new risks that could undermine Bitcoin’s core “sound money” principles?
Bitcoin holders have historically faced a painful trade-off:Hold BTC → Keep full liquidity and security, but earn 0% yield (idle capital).
Stake or lock BTC → Earn yield, but sacrifice liquidity, flexibility, and often introduce counterparty risk.
stBTC breaks this trade-off.