Selected News

1.Israel Announces Actions Against Iran

2.$1.017 Billion Liquidated Across the Market in 24 Hours, Mostly Long Positions

3.Coinbase to Launch Perpetual Contracts in the U.S.

4.Financial Giant DTCC Explores Stablecoins

5.Japanese Gaming Firm Gumi Acquires $6.96M Worth of Bitcoin

Articles & Threads

1.《SEC Sends Key Signals: Is Solana ETF Back on the Table?》

On June 11, the U.S. Securities and Exchange Commission (SEC) issued notices to institutions planning to launch Solana spot ETFs, requiring them to resubmit revised S-1 filings within 7 days. These revisions primarily involve updates to the wording of "physical redemption mechanisms" and "staking terms."

2.《ARK Invest: Stablecoins Could Become the U.S. Government's Most Resilient Financial Ally》

ARK predicts that the stablecoin market is poised for exponential growth, with supply expected to increase 5-10x in the next five years. This expansion might elevate demand for U.S. Treasuries to levels historically supported by sovereign nations. Moreover, stablecoins are reaching areas and populations underserved by the traditional banking system, countering the current trend of de-dollarization.

Market Data

Daily overall market capital flow heat (reflected by funding rates) and token unlocks

Data Sources: Coinglass, TokenUnlocks

Funding Rate

Token Unlocks

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