Offshore RMB/USD up 147 points to 6.8022 yuan

According to The Block, Julio Moreno, head of research at CryptoQuant, stated that Bitcoin's trend mirrors the bear market pattern of 2022. Technically speaking, Bitcoin has encountered resistance at its 200 day moving average around $82400, similar to the situation where it hit the average after rebounding 43% in March 2022. Moreno pointed out that the 200 day moving average is the boundary between rebound and trend continuation in a bear market, and failure to break through indicates that the bear market structure is still intact. On the demand and funding side, Bitcoin demand has turned negative, perpetual futures speculative demand has slowed down after breaking through $82000, and spot demand is also accelerating its contraction.

According to The Block, SpaceX disclosed in its S-1 filing that it had held 18712 bitcoins at a purchase cost of $661 million, with each coin costing approximately $35000. SpaceX began purchasing Bitcoin in 2021, which is close to the time Tesla spent $1.5 billion to purchase the currency that year. According to Arkham data, SpaceX's holdings dropped to 6095 bitcoins last year and are currently around 8280. If holding more than 18000 coins, SpaceX will become the seventh largest Bitcoin holder, second only to Coinbase.

Ripple Prime has partnered with EDX Markets to provide spot and perpetual futures liquidity services to institutional clients, and plans to use RLUSD as a settlement and collateral asset. （CoinDesk）

According to Onchain Lens monitoring, when the HYPE price was around $54, the giant whale "0x082" holding 1.38 million HYPE (5 times) long positions had a floating profit of over $28 million. Meanwhile, Loracle.hl (@ loraclexyz) increased its HYPE short position by 5 times, resulting in a floating loss of over $24 million.

According to CME's "Federal Reserve Watch" data, the probability of the Federal Reserve keeping interest rates unchanged in June is 97.3%, and the probability of cutting interest rates by 25 basis points is 2.7%. The probability of keeping interest rates unchanged in July is 87.2%, the probability of cutting interest rates by 25 basis points is 2.4%, and the probability of raising interest rates by 25 basis points is 10.4%.