6.7 Major Crypto Events Overview

1. The established U.S. exchange Gemini officially submitted an IPO application, and if successful, it will become the second publicly listed crypto exchange after Coinbase, marking a further entry of traditional capital.

2. On-chain data shows that well-known investor James Wynn has transferred all remaining assets to CEX, possibly liquidating his position, raising speculation in the community about large holders retreating.

3. Binance Alpha launched an AB token airdrop, with a threshold of 225 points to claim 9,882 AB (worth about $104), attracting the attention of opportunists but cautioning against selling pressure.

4. The official X account of the wallet associated with Trump has resumed access, but content requires approval to view, highlighting the sensitivity of political token regulation.

5. Wall Street institution WLFI announced a partnership with the TRUMP token and plans to hold it long-term, giving traditional capital endorsement to political concept coins.

6. Yesterday, BTC spot ETF experienced a net outflow of $47.82 million, with BlackRock's IBIT alone seeing a single-day outflow of $130 million, indicating a rising bearish sentiment among institutions in the short term.

7. ETH spot ETF has seen a net inflow for 15 consecutive days, with an additional $25.22 million yesterday, showing a clear trend of funds shifting from BTC to ETH.

8. The market was impacted by the public rift between Musk and Trump, leading to the sell-off of TRUMP and DOGE, introducing political risk as a new variable in the crypto market.

9. The husband of Jeon Ji-hyun's investment in the chain game company Wemade, which Choi Jun-hyuk invested in, saw losses widen, marking another failure of celebrity crossover in crypto.

10. Circle's stock surged in its first week, with the issuer of USDC, Circle, surpassing a market cap of $21 billion, rising 258% from its opening price, as the stablecoin giant is favored by traditional capital.