Today's Outlook
1. The Monetary Authority of Singapore, in collaboration with the police, plans to block the unlicensed trading platforms Octa and XM from June 20.
2. The Ethereum 'Glamsterdam' upgrade proposal collection will close on June 20. The upgrade plan will be launched after the completion of Fusaka, with the final launch expected in 2026. Non-core proposals will enter the screening phase after July.
3. Lista DAO (LISTA) will unlock approximately 33.44 million tokens, which constitutes 19.36% of the current circulation, worth about $7 million.
4. The LayerZero community will hold a fee conversion referendum #2 starting June 20, and if passed, will use the collected fees to buy and burn ZRO. LayerZero stated that due to a majority of votes in favor in the first referendum, the quorum has been reduced. Only holders of circulating ZRO (109 million tokens) are eligible to vote, with a quorum of 50.40%. If exceeded, a majority vote will apply. Voting will use the entire ZRO balance from one chain. Voting will end on June 27, 2025. The next public referendum will be held in 6 months.
5. The Philadelphia Fed Manufacturing Index for June will be announced today, previous value -4.
6. The US Conference Board Leading Economic Index for May will be announced today, previous value -1.00%
Macro & Hotspots
1. White House: Trump will decide within two weeks whether to attack Iran. On June 19, local time, the White House stated regarding Iran that President Trump would decide within two weeks whether to attack Iran. The probability of Iran using nuclear weapons on the betting site Polymarket soared to 20% on June 18 but has now dropped to 13%.
2. Login credentials for services from Apple, Google, and others have been leaked, which could affect cryptocurrency holders. The Cybernews research team disclosed that 16 billion login credentials from online service providers, including Apple, Google, and Facebook, were leaked, with a single database having a maximum record count of 3.5 billion. Researchers found that this data was mainly exposed via unencrypted Elasticsearch or object storage instances, with leaked data including access tokens, session cookies, and account metadata stolen by information theft malware.
3. Yesterday, Fetch.ai CEO and founder Humayun Sheikh announced that due to the increased use of ASI1 and agent platforms, the platform's utility has significantly improved. He stated that the current FET token is undervalued and announced that the Fetch Foundation will initiate a $50 million FET token buyback plan on multiple exchanges, supported by market makers.
4. A company under Trump quietly reduced its holdings in the crypto project WLFI. According to Forbes, based on an analysis of the official World Liberty website details, a company owned by Donald Trump has reduced its stake in the crypto project World Liberty Financial from 60% to 40% over the past 11 days. This change has not been publicly announced and is another indication that Trump or representatives acting on his behalf have conducted behind-the-scenes trading secretly during his tenure. This is the Trump family’s second reduction in holdings in the project; previously, at the end of January this year, their stake was reduced from 75% to 60%. It is estimated that this reduction may yield about $190 million for the Trump family, with Trump himself potentially receiving about $135 million.
Market Trends
1. $BTC Short-term fluctuations, mixed market performance; past 24H liquidations amounted to 90.234 million, primarily on long positions; small coins such as FLY leading gains, with DUPE AGT MOBLE topping the holding increase ranking in the 4H dimension.
2. The US financial markets will be closed on Thursday, with US stock futures and European stocks both declining; Nasdaq 100 futures fell over 1%, and Brent crude rose over 3% during intraday trading.
3. In the liquidation map for B G BTC/USDT, based on the current 104,636 USDT, if it drops 2000 points to around 102,636, the cumulative liquidation amount for long positions exceeds $399 million. If it rises 2000 points to around 106,636, the cumulative liquidation amount for short positions exceeds $439 million. The liquidation amount for shorts far exceeds that for longs, suggesting a reasonable control of leverage to avoid triggering large-scale liquidations amid market fluctuations.
4. In the past 24 hours, BTC spot inflows amounted to $1 billion, outflows were $1.06 billion, resulting in a net outflow of $60 million.
5. In the past 24 hours, net outflows from contract trading of BTC HYPE AAVE PEPE FARTCOIN led the market, indicating potential trading opportunities.
