Event Calendar
The UK has officially released cryptocurrency regulatory regulations and lowered capital requirements for stablecoin issuers. (Watcher.Guru)
Iranian President Pezehezhian stated that if the US complies with the memorandum of understanding, Iran will fulfill its obligations. Iranian Foreign Ministry spokesperson Bagai emphasized that Iran will not hold any level of negotiations with the United States in the coming days, and the expert delegation sent by Iran to the Qatari capital Doha this week has nothing to do with the US representative.
According to Token Terminal data, one-third of the tokenized stocks are ETFs, and the number of holders has increased from 370 to 58700 within a year. (Cointelegraph)
According to reports, SpaceX is discussing with the US government the donation of stocks to Trump's account.
The exchange rate of the Japanese yen against the US dollar has fallen to its lowest level in 40 years, and the Japanese stock market is expected to rise due to the rebound of US technology stocks. The weakening of the Japanese yen has boosted exporters' profits, but has pushed up import costs and increased household burdens, putting political pressure on the government led by Japanese Prime Minister Hayao Takashi. Monex forex trader Andrew Hazlett said that if the correction cannot be made quickly, intervention measures are imminent, but if the issue of interest rate differentials is not resolved, intervention measures are only temporary remedies.
According to Israel Today, Israeli Defense Minister Katz stated that the Israeli military has selected targets within Iran and is prepared for independent military action. If Iran launches missiles, the Israeli military will retaliate. Katz criticized US President Trump's policy of binding the situation between Iran and Lebanon, which limited Israeli military operations, and claimed that the policy protected Hezbollah in Lebanon.
The US Treasury Department issued $92 billion in 3-month Treasury bonds, with a highest bid rate of 3.74%, and the indirect bidder allocation ratio dropped to 41%, the lowest since November 2024; The winning interest rate for the $72 billion 6-month Treasury bill is 3.84%, and the allocation ratio for indirect bidders is 56.4%. Oxford Economics analyst John Canavan wrote in a report that the record high auction size this week and the uncertainty of Federal Reserve policy are the reasons for the weak auction results.
OKX-OKB/USDT is currently trading at $80.13, with a 5-minute increase of 0.24%. Please be aware of market fluctuations.
Option analyst Bob Lang said that against the backdrop of improved market conditions, high investor enthusiasm for AI assets, and market sentiment driven by SpaceX's successful IPO, OpenAI may launch its IPO as early as this year, without waiting until 2027.
According to CME Federal Reserve observations, the probability of the Fed keeping interest rates unchanged in July is 70.1%, and the probability of a cumulative 25 basis point rate hike is 29.9%; The probability of the Federal Reserve keeping interest rates unchanged until September is 37.2%, the probability of a cumulative increase of 25 basis points is 48.8%, and the probability of a cumulative increase of 50 basis points is 14.1%. AI interpretation: The market's dominant pricing for the Federal Reserve to maintain interest rates unchanged in the short term reflects the stability of the current monetary policy path. The differentiation of interest rate expectations reveals the market's game of equilibrium between inflation and economic growth, and this pricing structure directly limits the expected space for policy shifts in the short term. Investors are adjusting their asset allocation through probability distribution to cope with the continued liquidity pressure brought by the high interest rate environment. This data confirms the high consensus in the market that the Federal Reserve will maintain a tightening stance, and reinforces the policy narrative that interest rates will remain high for an extended period of time.
Chinese Minister of Commerce Raimondo and EU Trade and Economic Security Commissioner Shevchovic co chaired the first meeting, officially launching the China EU Trade and Investment Consultation Mechanism. This mechanism includes four working groups on trade and investment balance, export control, intellectual property, and WTO affairs, and establishes a joint monitoring mechanism. Both sides exchanged market access lists, agreed to address mutual concerns in stages, and reached an agreement on strengthening export control dialogue, intellectual property rights, and WTO cooperation, requiring the joint team to deliver practical results before the next meeting.
Grant Cardone announced that Cardone Capital has increased its holdings of Bitcoin at a price of $59000 and currently holds over 2700 BTC. (Cointelegraph)
The US Treasury Department's Office of Foreign Assets Control (OFAC) launched a review portal on Monday, allowing individuals on the sanctions list to submit removal requests online and request access to non confidential information.
According to data from the US Department of Energy, the US Strategic Petroleum Reserve (SPR) crude oil inventory decreased by 5.5 million barrels to 325.7 million barrels, the lowest level since May 1983. The inventory reduction is part of the US agreement to release 172 million barrels of crude oil, aimed at filling the global inventory gap after the Iran conflict and lowering fuel prices. Affected by strong US crude oil exports and refining demand, as of June 19th, total US inventories have decreased by 111.4 million barrels to 743.3 million barrels, the lowest level since 1984.
The head of technical analysis and research at Bank of America stated that investors need to hedge against the rise of the S&P 500 index and be prepared for the possible "three wave adjustment" in the coming months. Paul Ciana from Bank of America wrote in Thursday's research report that the S&P 500 index has risen nearly 17% since its March low, but the rally has shown signs of fatigue since hitting its recent high on June 2, and the index may fall to 6850 points, down about 7.6% from its current level.
Senate Majority Leader Thune has stated that he is prepared to submit the Bitcoin Clarity Act for Senate review in the coming weeks. (The Bitcoin Historian)
Ripple CEO Brad Garlinghouse stated that the long-term value of cryptocurrency comes from practicality, not financial engineering. (Cointelegraph)
The CoinDesk Public Keys program discusses the Ethereum institutional super cycle, SharpLink's $75 million financing, stablecoin credit ratings, and the role of privacy in tokenization, and mentions the BTC ETF's $1.8 billion and $255 trillion in trapped liquidity outflows during the week. (CoinDesk)
European Central Bank President Lagarde said that the ECB can continue to raise interest rates without worrying that monetary policy tightening itself will become a source of financial pressure.
82% of Bitcoin is currently in a long-term holding state, reaching a historic high. (Cointelegraph)