Lead-in:
1. Circle rose by 9.64%, with a market value of 58.6 billion; its intraday market value has surpassed that of its stablecoin.
Due to the limited Robotaxi pilot launched in Austin on June 22, Tesla's stock continues to strengthen, up 8.23%.
Cathie Wood is extremely bullish on Tesla, predicting it will reach $2,600 in an interview in early June.
2. Iran-Israel ceasefire
3. The Solana Foundation has signed a memorandum of understanding with the Kazakh government.
4. Binance TGE model change - The first revision often has benefits
1. Macroeconomic Market
(1) Traditional Market
1. U.S. stocks:
(1) Nasdaq rose by 0.94%, S&P rose by 0.96%, Dow rose by 0.89%
(2) Circle rose by 9.64%, with a market value of 58.6 billion; its intraday market value has surpassed that of its stablecoin.
(3) Tesla's stock continues to strengthen, up 8.23%, possibly due to the limited Robotaxi pilot launched in Austin on June 22, using Model Y vehicles and invitation-only test rides. Market reaction is enthusiastic, with trial participants describing the experience as 'smooth, almost indistinguishable from human driving', with multiple sources calling it 'a milestone of years of technological accumulation.'
2. U.S. Treasuries, U.S. Dollar: Influenced by dovish comments from Federal Reserve officials, the 10-year U.S. Treasury fell to 4.34%, DXY at 98.17
3. Gold: 3351
(2) Policy Trends
1. Federal Reserve rate cuts - Recently, multiple Federal Reserve members have made dovish statements.
(1) Federal Reserve Governor Bowman stated: 'If inflationary pressures are controlled, I will support a quick reduction in the policy rate at the next meeting to bring it closer to neutral levels and maintain a healthy labor market.' Bowman was very focused on inflation risks last year.
(2) Federal Reserve's Goolsbee: If tariffs do not lead to high inflation, rate cuts will resume
2. The situation in the Middle East has initially eased.
Missiles launched from Iran towards U.S. funds - Trump said he already knew in advance, no impact - Trump said Israel and Iran reached an agreement - Iranian officials deny reaching an agreement - Iranian Foreign Minister said to stop illegal aggression against the Iranian people before 4 PM, we do not intend to continue responding.
3. Other Policies
Trump calls on the House to quickly pass the recently approved Senate stablecoin regulation bill, but one of the key lawmakers pushing the bill stated on Monday that there are still some details to be coordinated and resolved.
U.S. House Financial Services Committee Chairman French Hill, who has long been responsible for stablecoin debate, stated he is unwilling to commit to House members giving up on amendments to the Senate bill. He mentioned that negotiations are ongoing with the leadership, and there are many issues to resolve between the Senate's passed version and the House's still-developing version.
(4) Government & Crypto Dynamics
The Solana Foundation has signed a memorandum of understanding with the Kazakh government to establish the first blockchain economic zone in Central Asia, aiming to promote the development of tokenized capital markets, cultivate Web3 talent, and attract blockchain companies to settle.
[I checked, and previously the Kazakh government signed an MOU with Binance in May 2022]
2. Market Review
1. Market data: $494 million liquidated in the last 24 hours, with $378 million in short positions liquidated.
2. Stablecoin Data
3. ETF data: On the 23rd, without BlackRock data, BTC ETF inflow was $133 million, ETH ETF inflow was $74.9 million (without BlackRock, this inflow for ETH ETF is already significant)
4. Institutional dynamics
(1) BNB version micro-strategy in progress - Reiterating previous views, if some old coins have not yet adopted a micro-strategy model, it is basically a half-abandonment of operations or they are completely lacking in strength.
[1] An investor document reviewed by Bloomberg shows a team composed of executives from crypto hedge funds is in deep negotiations to raise $100 million through a publicly traded company they control, for investment in BNB. This is the latest attempt following Michael Saylor's Strategy, which created the Bitcoin reserve blueprint.
[2] Binance founder CZ responded that several companies are already making related attempts.
(2) The stock price of the U.S. listed automotive design company ECD rose by 79.43%, with a market value increasing to $19.6518 million.
Previously, ECD Automotive Design Company (NASDAQ code: ECDA), the world's largest Land Rover and Jaguar repair company, announced it signed a $500 million equity financing agreement with ECDA Bitcoin Reserve LLC (hereinafter referred to as 'the financing'). The proceeds from this strategic financing will enable ECD to implement an innovative Bitcoin reserve strategy.
(3) $DFDVx will be listed on Kraken's new xStocks platform alongside $AAPL, $TSLA, $NVDA, supported by @BackedFi and @solana.
Note: DFDVx is a Solana micro-strategy
(4) Japanese listed company Metaplanet announced it will continue to increase its holdings of 1,111 bitcoins, with an average purchase price of approximately $105,857.39.
3. Industry Hotspots
1. Hot events
(1) Monad may soon issue a token
(2) Meteora may soon issue a token
(3) Bonk platform leader USELESS breaks $120 million
Dz9mQ9NzkBcCsuGPFJ3r1bS4wgqKMHBPiVuniW8Mbonk
Four, Alpha
(1) Binance Alpha
1. Binance Alpha can eat significantly today
Grab $CARV at 9 AM
At 5 PM, receive $MGO
At 7 PM, receive $DMC
At 9 PM, receive $NEWT
2. Binance TGE model change - The first revision often has benefits
(1) Pre TGE - Early purchase
Key points of the presale activity:
1. Over-subscription model, single account limit remains the same at 3 BNB
2. Mandatory lock-up, circulation time determined by the project party.
(2) Booster - Complete tasks like in the galaxy to earn airdrops
The participation threshold is very low, which should encourage everyone to participate in tasks, and the number of tokens allocated is far higher than Pre TGE.
3. Humanity Protocol (H) may be a 'domestic project shell', the APP code material library still contains images from Shenzhen access control manufacturer Changteng, raising doubts about its authenticity. Netizens claim that its social platform popularity is largely self-directed and performed by project teams, raising questions about actual user participation.
Whistleblower AB Kuai.Dong stated that those certified by Humanity before should be cautious. The information behind Changteng is a Shanghai outsourcing company specializing in a complete set of identity verification outsourcing.
