Today's Outlook
1. Polyhedra Network (ZKJ) unlocks approximately 15.53 million tokens, which is 5.04% of the current circulation, worth approximately $30.3 million.
2. Immutable's IMX staking goes live on Immutable zkEVM on June 19th. A new round of staking occurs every two weeks, and users must trade NFTs in the market using Immutable zkEVM to be eligible to participate. The total IMX reward consists of 20% of the 2% protocol fee extracted by Immutable from each NFT transaction, which is paid according to the total staking amount and time proportion.
3. The Alpha airdrop will be distributed in two stages: Stage 1: Users who meet the score standard (X) can receive it first, everyone has a share; Stage 2: The threshold is lowered to Y (Y < X), first come first served, until the prize pool is distributed or the event ends.
4. The "OpenLedger China Tour" Shenzhen Station will be held on June 19 (Thursday). This series of events will successively enter five cities (Hong Kong, Shanghai, Hangzhou, Shenzhen, and Chengdu).
Macro & Hot Topics
1. June 19 news, Trump posted on his social media platform that the Senate has passed the "GENIUS Act" (stablecoin bill), which will promote large-scale investment and innovation in the digital asset field in the United States, calling on the House of Representatives to quickly pass a "clean version" and submit it to the president for signature as soon as possible.
2. Powell: Expects tariff-driven inflation to rise in the coming months. June 19 news, Federal Reserve Chairman Powell said at the press conference that under the influence of the Trump administration's tariffs, US inflation may rise significantly in the coming months. He stressed that sufficient confidence in the decline in inflation is needed before starting to cut interest rates, and the current policy remains "moderately restrictive." The dot plot shows that two interest rate cuts are still expected in 2025. Powell said that the Fed is assessing the transmission path of tariffs and reiterated its 2% inflation target stance. He also said that given the current state of inflation, monetary policy still needs to impose some restrictions on the economy. The current interest rate level is not very high. The current policy can be said to be moderately or moderately tightened, and now it may be more inclined to "moderately restrictive." He added: "If you look at the current economic performance, you will find that it is not performing as if it is experiencing 'very tight monetary policy'."
3. The Federal Reserve continued to keep interest rates unchanged and still expects two interest rate cuts this year. June 19 news, the Federal Reserve kept the benchmark interest rate unchanged at 4.25%-4.50%, holding steady for the fourth consecutive meeting, in line with market expectations. The Federal Reserve's dot plot shows that two interest rate cuts are expected in 2025 (two were expected in March). The Federal Reserve's dot plot shows that among the 19 officials, 7 officials believe that there will be no interest rate cuts in 2025 (4 in March), 2 officials believe that there should be a cumulative interest rate cut of 25 basis points in 2025, that is, one interest rate cut (4 in March), 8 officials believe that there should be a cumulative interest rate cut of 50 basis points in 2025, that is, two interest rate cuts (9 in March), and 2 officials believe that there should be a cumulative interest rate cut of 75 basis points in 2025, that is, three interest rate cuts (2 in March).
4. Trump said Iran requested negotiations with the United States, which Iran denied. The Iranian mission to the United Nations said through social media that Iran had not requested negotiations with the United States, and the related remarks of US President Trump were "lies." Trump told the media at the White House that day about the military conflict between Israel and Iran that Iran wanted to negotiate and had expressed its willingness to come to the White House to talk. In response, the Iranian mission to the United Nations posted on social media that "no Iranian official has ever requested to bow down in front of the White House," and Iran "will not negotiate under coercion, and will not accept peace under coercion. Iran will respond to any threat with counter-threats and respond to any action with reciprocal measures."
Market Trend
1. BTC is fluctuating in the short term, and the market is mixed; $221 million was liquidated in the past 24 hours, mainly short positions; TON wallet $VERT and AI Layer2 $RC led the gains on the platform; DEX MYX plummeted after a surge, leading the decline on the platform; AB entered the top ten list of market transaction volume.
2. US stocks closed mixed, Circle surged more than 34%, and US oil fell nearly 1%. The Federal Reserve continued to hold steady, saying that uncertainty has weakened but is still high, and still expects two interest rate cuts this year, hinting that the risk of stagflation is increasing.
3. In the BG BTC/USDT liquidation map, based on the current price of 104659 USDT, if it drops by 2000 points to around 102659, the accumulated liquidation amount of long orders will exceed $466 million. If it rises by 2000 points to around 106659, the accumulated liquidation amount of short orders will exceed $607 million. The liquidation amount of short positions far exceeds that of long positions. It is recommended to reasonably control the leverage ratio to avoid triggering large-scale liquidation in market fluctuations.
4. In the past 24 hours, BTC spot inflows were $1.82 billion, outflows were $1.99 billion, and net outflows were $170 million.
5. In the past 24 hours, BTC ETH SOL XRP HYPE and other contract transactions have led in net outflows, which may indicate trading opportunities.