GasFeeLady

BlackRock's Bitcoin Spot ETF has a management scale exceeding $69.7 billion, accounting for 54.7% of the U.S. market. Institutional investors dominate the market, but short-term holders have decreased, indicating a depletion of new funds. If demand remains sluggish, Bitcoin may seek support at $92,000.

Blockdaemon launched a DeFi and Staking service called Earn Stack on June 20, supporting over 50 protocols, emphasizing security and non-accomplice staking, aimed at institutional clients. The service complies with the latest SEC guidelines and offers one-click multi-chain integration and customizable API services.

[Coin World] On June 20, news from Russia's State Duma Financial Market Committee Chairman Anatoly Aksakov stated on June 18 that the large-scale application of the digital ruble is now scheduled for 2026. The original launch plan set for after July 1, 2025, has been postponed due to the need for Financial Institutions to have more time to improve infrastructure. Since the pilot program started in August 2023, it has expanded to 15 banks, around 2,000 individuals, and 50 enterprises, processing over 55,000 personal transfers and 15,000 commodity payments. The Central Bank of Russia emphasizes that the adoption of the digital ruble is entirely voluntary and will not eliminate cash or non-cash payment methods.

[Coin World] News, on June 26 from 19:00 to 22:00 (GMT+9), participate in the offline event themed "Seoul Meta Night" held in Seoul, South Korea. As a meticulously crafted high-end social event, Seoul Meta Night is not just a simple After Party, but an important bridge connecting the global and Korean crypto market. Participants will have the opportunity to engage in face-to-face communication with executives from leading local exchanges, founders of innovative blockchain projects, representatives from seasoned investment institutions, and influential opinion leaders in the market to establish valuable business connections.

According to an official announcement, the People's Bank of China and the Hong Kong Monetary Authority jointly held the launch ceremony for the interconnection of the Mainland and Hong Kong Fast Payment System. The Cross-Border Payment System will be operational starting June 22, 2025. The launch of the Cross-Border Payment System is beneficial for improving the efficiency and service levels of cross-border payments between the two regions, facilitating economic and trade activities and personnel exchanges, and consolidating and enhancing Hong Kong's status as an international financial center.

[Coin World][Xu Zhengyu discusses stablecoin redemption mechanism again: must be completed within one trading day, one business day or one working day] Xu Zhengyu, the Secretary for Financial Services and the Treasury of the Hong Kong Special Administrative Region Government, stated in an interview at the Lujiazui Forum that the use of stablecoins is to return to the essence of finance, effectively addressing pain points in economic activities, rather than simply pursuing technological applications or merely achieving interconnectivity. The regulation of stablecoin issuance is similar to the regulation of similar Financial Institutions, with specific points: First, the issuer itself needs to have capital; Second, if the issuer exchanges money with stablecoin holders, the reserves must never be less than the value of the underlying currency of the unredeemed stablecoins; Third, if a stablecoin holder wants to exchange back to the local currency with the issuer, it must be completed within one trading day, one business day or one working day.

On June 20, at the Lujiazui Forum, Xu Zhengyu, the Secretary for Financial Services and the Treasury of the Hong Kong Special Administrative Region Government, stated in an interview that the use of stablecoins is to return to the essence of finance and effectively address pain points in economic activities, rather than simply pursuing technological applications or merely achieving interconnectivity. The regulation of stablecoin issuance has similarities with the regulation of similar financial institutions, specifically manifested in:
First, the issuer itself needs to have capital; Second, after the issuer exchanges money with the stablecoin holders, the reserves must at no time be less than the value of the currency backing the unredeemed stablecoins; Third, if the stablecoin holders want to exchange back to the fiat currency with the issuer, it must be completed within one trading day, one business day, or one working day.
In addition, regarding whether stablecoins will accelerate the internationalization of the Renminbi due to their peg to the Renminbi, Xu Zhengyu believes that from a regulatory perspective, it does not rule out.

The Thai SEC has launched a public consultation on the revision of the listing standards for digital asset exchange tokens, encouraging the listing of innovative assets, requiring the disclosure of related party information, and implementing risk warnings to prevent insider trading. This move aims to promote international encryption business, with tax exemption policies and pilot projects also underway.

According to on-chain analysts' monitoring, the "bearish trader" who shorted 16 alts on Hyperliquid has accumulated profits of 9.68 million USD, significantly higher than last week's 3.56 million USD. Currently, 15 out of his 16 Holdings are in unrealized gains, with the only coin in unrealized losses, HYPE, having its losses narrowed to 1.92 million USD, and the overall Position value is approximately 53.3 million USD.

On June 20, according to reports, Bitcoin asset management company K33 announced that it successfully completed two rounds of financing within three weeks, raising a total of 185 million Swedish Krona (over 19.5 million USD), all of which will be used to purchase Bitcoin.
K33 CEO Torbjørn Bull Jenssen stated that this financing strongly validates the company's strategy and marks an important milestone in the company's development. Currently, K33 is steadily moving towards its goal of rapidly acquiring 1,000 Bitcoins. The company has been listed on Nasdaq First North Growth.

Ant Group recently clarified the rumors of cooperation with Hainan Huatie, emphasizing that only preliminary discussions have taken place and no formal protocol has been reached. At the same time, it reminds investors to be cautious of false information in the market and reserves the right to pursue legal accountability.

On June 20, according to monitoring, the current top search result for "Aave" on Google is a fraudulent website. Users are advised to be cautious of phishing links.

This article analyzes the potential threats of nuclear war to Bitcoin and its network, pointing out that nuclear conflict may lead to a sharp reduction in nodes, transaction failures, and consensus collapse, which would cause a significant fall in Bitcoin prices. The article emphasizes the importance of ensuring network stability but believes that there is currently no need to overly worry about the direct impacts of nuclear war.

According to data from the data platform, it is expected that next Friday Ethereum will face the quarterly Options expiration, involving a nominal total value of 22.7 billion dollars. The current put/call ratio is 0.5, and the maximum pain price is 2200 dollars.

On June 20, the founder of a certain platform, CZ, stated that "Artificial intelligence has been used for new types of Depth forgery hacker attacks, and even video call verification will soon become ineffective. Do not install software from unofficial links, especially those from fren, as they are likely compromised by hackers."

[比推] BounceBit announces the official launch of its new Futures Trading platform BounceBit Trade, supporting 50x leverage.

According to the asset data platform token unlocking data, Funtico (TICO) will unlock approximately 38.938 million tokens at 12:00 PM Beijing time on June 27, worth about 3.14 million USD.

On June 20, according to monitoring, 2 minutes ago, USDC Treasury destroyed 60 million USDC on the Ethereum blockchain.

According to on-chain data, short-term bitcoin holders transferred 15,000 bitcoins at a losing price this week, increasing the likelihood that the price will fall below $100,000. 959 BTC were transferred to the trading platform in the red on Monday, surging to 16,700 by Wednesday, while the BTC price fell from $106,500 to $103,500 over the same period.
This behavior reflects the tendency of short-term holders to panic sell when prices fall, often leading to losses. When these paper hands exit the market, their Bitcoin holdings are often transferred to long-term holders, helping to stabilize the market and form a more solid bottom price. According to the STH-LTH Net Position Change chart, short-term holders have been actively selling over the past month, while most of the sell-off has been absorbed by long-term holders. This dynamic may be sustaining the BTC price above the $100,000 side

[BitPush] According to monitoring, 2 minutes ago, USDC Treasury burned 60 million USDC on the Ethereum on-chain.