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Foresight News reports that Bitcoin lending platform Lava has launched the Visa credit card Lava Card. The card has no annual fee, no foreign exchange fees, no foreign transaction spreads, and no minimum spending requirements. All Lava Card users can receive 5% Bitcoin cashback on purchases at Amazon, Apple, and Netflix. Lava Card is a secured credit card, allowing users to spend only the balance in their card account or use Bitcoin as collateral to borrow US dollars for spending.

```htmlThe World Economic Forum released a report on June 4 stating that due to geopolitical tensions, concerns over economic security, and changes in trade relations among major economies, geoeconomic fragmentation is set to accelerate in 2025 and 2026, and it is expected to cause global economic losses of between 21.3 billion and 30.7 billion US dollars per year. The report pointed out that increased tariffs, investment restrictions, and retaliatory measures are increasingly affecting traditional economies including the United States, the European Union, Canada, Japan, and South Korea, raising business costs and increasing cross-border investment uncertainty. If fragmentation worsens further, global economic losses could reach 690 billion US dollars, accounting for 6.4% of global GDP. The report forecasted that existing industrial fragmentation policies will push global inflation up by 0.2 to 0.3 percentage points, and weaken household purchasing power. Emerging markets and developing economies are particularly severely affected, and under extreme scenarios, output losses could reach as high as 10.7%. (CCTV)```

According to Golden Ten Data Futures on June 4, Fubao Information shows that today, the Fubao spot price basis index for electric carbon is -2,950 yuan/ton (unchanged); battery-grade lithium carbonate is quoted at 162,500 yuan/ton (-3,000 yuan/ton); industrial-grade lithium carbonate (composite) is quoted at 159,850 yuan/ton (-3,000 yuan/ton); high-quality battery-grade lithium carbonate is quoted at 163,500 yuan/ton (-3,000 yuan/ton); lithium hydroxide index is at 148,833 yuan/ton (-4,000 yuan/ton); metal lithium index is at 1,110,000 yuan/ton (unchanged); Fubao brine (lithium sulfate) discount coefficient is reported at 77% (+1). The spot price of lithium carbonate has fallen, and market sentiment remains cautious.