The big rise in the currency circle yesterday was due to a cluster of positive factors. This wave of Bitcoin will hit a new high again! Reaching a new all-time high! Ethereum's supplementary gains have begun!
1. According to Foresight News, Strategy purchased 1,045 Bitcoins between June 2 and June 8, at an average price of $105,426.
2. According to BlockBeats, Bloomberg senior ETF analyst Eric Balchunas disclosed that BlackRock's IBIT holdings have exceeded $70 billion. The ETF reached this milestone in just 341 days, 5 times faster than GLD's old record.
3. According to Wu Shuo, Morningstar data shows that crypto funds attracted $7.05 billion in net inflows in May, with total assets reaching a record high of $167 billion. In comparison, Lipper data shows that global stock funds had net outflows of $5.9 billion and gold funds had net outflows of $678 million for the first time in 15 months.
4. According to Cointelegraph, the Hong Kong government is partnering with Chainlink's Cross-Chain Interoperability Protocol (CCIP) to test cross-border transactions and digital asset settlement between permissioned and permissionless blockchains. This is the second phase of the Hong Kong Central Bank Digital Currency (CBDC) program. Visa reported that the plan involved an Australian investor purchasing tokenized assets in Hong Kong. The transaction request will be made through multiple blockchains, and the final asset will be credited to the investor's wallet in Hong Kong CBDC. Chainlink's CCIP runs on multiple blockchains, including Ethereum and Solana-compatible virtual machine blockchains. Hong Kong research will use the Ethereum test network Sepolia.
5. According to Deep Tide TechFlow, the Kyrgyz Republic will launch the USDKG stablecoin in the third quarter of 2025, pegged 1:1 to the US dollar and backed by physical gold. The initial gold reserve is $300 million, with plans to expand to $2 billion. The project is authorized and supported by the Kyrgyz Ministry of Finance, financed by purchasing gold from the National Bank. USDKG uses an over-collateralization model to cope with gold price fluctuations, and holders can exchange it for physical gold, crypto assets, or fiat currency. The plan aims to improve the cross-border payment infrastructure in Central Asia and promote international trade, and will be subject to independent third-party audits in the future to ensure transparency.
6. According to BlockBeats, Citi expects the Federal Reserve to cut interest rates by 75 basis points in 2025. Specifically, 25 basis points each in September, October, and December. In addition, it is expected that interest rates will be cumulatively reduced by 50 basis points in January and March 2026.
7. According to ChainCatcher, Japanese Bitcoin investment company Metaplanet plans to raise approximately $5.4 billion and increase its Bitcoin reserves, which already amount to $1 billion. The company's stock price rose sharply on Monday.
Metaplanet announced a stock acquisition rights plan on Friday, purportedly the largest in Japanese capital market history. Metaplanet is expected to accumulate 210,000 Bitcoins by the end of 2027, several times its current holding of 8,888.
