Today's Outlook
1. The number of initial jobless claims in the U.S. for the week ending June 14 (in ten thousands) will be announced today, with a previous value of 24.8.
2. The U.S. EIA crude oil inventory for the week ending June 13 (in ten thousand barrels) will be announced today, with a previous value of -364.4.
3. Fasttoken (FTN) will unlock 20 million tokens on June 18, valued at approximately $88.8 million, accounting for 4.65% of the circulating supply.
4. Sonic (S) will unlock 47.63 million tokens on June 18, valued at approximately $15.73 million, accounting for 1.65% of the circulating supply.
Macroeconomic & Hot Topics
1. The U.S. GENIUS Act has been approved by the Senate, marking a historic step in stablecoin legislation. The U.S. Senate passed the stablecoin regulatory bill GENIUS Act with 68 votes in favor and 30 against, which will be sent to the House of Representatives for review. The bill establishes a federal regulatory framework for stablecoins, requiring one-to-one reserves, consumer protection, and anti-money laundering mechanisms, but does not restrict the president and his family from profiting from stablecoin issuances, drawing criticism from Democrats regarding potential conflicts of interest involving the Trump family. The Trump family profited over $57 million from the World Liberty Financial project through token sales last year.
2. Brazil's Bitcoin Reserve Bill has passed the first committee review. The Brazilian Bitcoin Reserve Bill 'PL 4501/2023 or PL 4501/2024' has passed the first committee review, proposing to establish a 'sovereign strategic Bitcoin reserve' that allocates up to 5% of foreign exchange reserves to Bitcoin. Once implemented, Brazil will become the second Latin American country after El Salvador to establish a legal BTC reserve.
3. Billionaire Mark Cuban speculated on social media that the new T1 smartphone released by the Trump family may come with an integrated crypto wallet. Cuban believes the phone could integrate a wallet system that supports Trump tokens and World Liberty Financial stablecoins, profiting from transaction fees. If Cuban's theory is correct, the Trump phone could become a gateway to the Trump brand's Web3 ecosystem, pre-installed with wallet, digital assets, and trading generation features. This gold-plated phone, priced at $499, is launched by Trump's children, claiming to 'revolutionize the mobile industry,' but specific manufacturer information has not been disclosed. Currently, the official Trump phone website does not mention cryptocurrency features, only introducing services like roadside assistance and telemedicine; the Trump Group has launched the T1 smartphone, priced at $499, expected to hit the market in September.
4. On June 17 local time, Russia launched its largest airstrike against Kyiv in recent years, deploying over 440 drones and 32 missiles, resulting in 15 deaths and 75 injuries, drawing significant international attention. Meanwhile, the EU officially proposed a complete ban on the import of Russian natural gas and oil by the end of 2027, marking a strategic shift in energy dependence on Russia; U.S.-Russia relations have also reached a stalemate, with the U.S. cancelling the next round of talks with Russia after Trump announced a delay in sanctions, viewed as a major setback in the bilateral improvement process. The geopolitical situation has suddenly become tense under multiple variables, with global attention once again focused on the battlefield in Ukraine.
Market Trends
1. BTC short-term touched the $104,000 line and began to recover, with the market experiencing a widespread decline; in the past 24 hours, there was a liquidation of $363 million, mainly in long positions; ZKJ rebounded after buyback but was halved again, leading the decline within the platform, LA AB entered the top ten in market transaction volume.
2. U.S. stocks closed lower, with Tesla falling nearly 4% and solar stocks plunging; crude oil briefly rose by 5%; silver reached a historic high.
3. According to the liquidation map of BG BTC/USDT, based on the current value of 104,547 USDT, if it falls by 2,000 points to around 102,547, the cumulative liquidation amount for long positions will exceed $455 million. If it rises by 2,000 points to around 106,547, the cumulative liquidation amount for short positions will exceed $653 million. The liquidation amount for shorts significantly exceeds that for longs, suggesting a reasonable control of leverage ratios to avoid triggering large-scale liquidations during market fluctuations.
4. In the past 24 hours, BTC spot inflows were $2.4 billion, outflows were $2.7 billion, resulting in a net outflow of $300 million.
5. In the past 24 hours, net outflows in contract trading for ETH, BTC, DOGE, PEPE, SOL, etc., were leading, indicating potential trading opportunities.
