Introduction:
1. Fed Chairman Powell said that future trade agreements may allow the Fed to consider cutting interest rates, and the probability of a rate cut in July rose to 24.8%.
2. Chuanzi revealed his trump card, saying that he has already started interviewing the next chairman of the Federal Reserve
3. The situation in the Middle East: Chuanzi’s statements are inconsistent
4. (SEC) Commissioner said that a "physical redemption" mechanism for cryptocurrency exchange-traded funds (ETFs) may be coming soon.
5. Listed companies holding BTC rankings
https://www.coingecko.com/en/public-companies-bitcoin
6. Chuanzi's super project wlfi is close to tge
7. Good mines in Binance Wallet, Binance Wallet launched a joint activity with solayer, and the current annualized rate of sol pledge is 26%+
1. Macro Market
1. Traditional Market
1. US stocks: Nasdaq up 0.31%, S&P unchanged 0.00%, Dow -0.25%
2. U.S. Treasury bonds and the U.S. dollar: U.S. Treasury bonds fell 0.33% to 4,277%, and dxy fell 0.19%, hitting a new low since March 2022
3. Gold: continued to fluctuate at high levels, reported at 3334.1
2. Policy Direction
1. The Fed cuts interest rates
(1) The probability of a rate cut in July has risen to 24.8%
(2) Federal Reserve Chairman Powell said that future trade agreements may allow the Fed to consider cutting interest rates
(3) Chuanzi said that he has started interviewing the next Chairman of the Federal Reserve. “I know three or four people and I will choose one of them.”
[Extended reading: This is the killer move that Chuanzi is about to reveal.]
Why do we say that? Let's look at history. In late 1969, the new US President Nixon was worried that the economy might fall into recession due to excessive austerity. On October 15, 1969, Nixon had a fierce conflict with then Federal Reserve Chairman Martin and criticized his austerity policy. Two days later (October 17), the White House announced that Arthur F. Burns would take over as Chairman of the Federal Reserve on February 1, 1970, "overriding" the current chairman and allowing Burns to take office as "shadow chairman" in advance.
This early announcement allows the nominee to influence market expectations about the future path of interest rates in advance.
2. The situation in the Middle East
(III) Regulatory dynamics
(1) Republican lawmakers and the industry are engaged in a fierce game of chess over the promotion strategy of key crypto bills. The current question is - "Should it be passed separately or as a package?" The (GENIUS Act) passed by the Senate last week was transferred to the House of Representatives on Monday, but lawmakers are still debating whether to promote it as a standalone bill or bundle it with the House of Representatives (Market Structure Act) and then submit it to the Senate for revision.
(2) U.S. Securities and Exchange Commission (SEC) Commissioner Hester Peirce said that a “physical redemption” mechanism for cryptocurrency exchange-traded funds (ETFs) may be coming soon.
(3) Guotai Junan Securities (Hong Kong) Co., Ltd. has officially obtained approval from the Securities and Futures Commission of Hong Kong to upgrade its existing Type 1 (Securities Trading) regulated activity license and now provides virtual asset trading services.
In addition, because the underlying virtual asset transactions are provided by hashkey, some KOLs are bullish on HSK.
2. Market Inventory
1. Market data:
2. Stable currency data on June 26: USD 220 million flowed in, USDT flowed in 350 million, and USDC flowed out 121 million
3. ETF data: On the 24th, BTC ETF inflow was 589 million, and ETH inflow was 71 million
4. Organization dynamics
(1) Listed companies holding BTC rankings
https://www.coingecko.com/en/public-companies-bitcoin
(2) A former Blackstone dealmaker and the co-founder of stablecoin leader Tether are teaming up to set up a $1 billion listed crypto fund. According to people familiar with the matter, the fund will raise funds through the SPAC (special purpose acquisition company) M3-Brigade Acquisition V Corp. supported by both parties, and plans to allocate multiple crypto assets such as Bitcoin, Ethereum and Solana.
(3) SharpLink Gaming continued to purchase 5,989 ETH (US$14.47 million) through Galaxy Digital over the past day. A total of 507 million ETH was spent to purchase and hold 194,000 ETH, with a total cost of approximately US$2,611.
3. Industry Hotspots
1. Hotspot
(1) Nubit co-sponsored the launch of the Bitcoin Alpha task system on the Bitcoin Raiden Network, which is open to all Bitcoin network users without distinction, and early users have the opportunity to receive a 10-fold task points multiplier.
(2) Investment platform Republic plans to use blockchain technology to sell SpaceX investment opportunities to investors
https://x.com/WSJ/status/1937823652386385931
(3) wlfi close to tge
(4) Former Huobi founder Li Lin indirectly holds 5.9% of Tiger Brokers (UP Fintech Holding Limited) shares through his wholly-owned Avenir Tech Limited, totaling 10,667,580 American Depositary Shares (ADS)
4. Alpha
(I) Binance Alpha
(1) Binance Wallet's first Booster event @codatta_io is launched, lasting for 12 weeks, with 50 million $XNY to be shared every week
Requirements: 61 Alpha points, no points will be deducted for participating in the event
Mission tutorial https://x.com/zaijin338191/status/1937867882031136913
One of them is: the country recommends choosing another
(ii) Others
1. Sol good mine
Good mine in Binance Wallet, Binance Wallet launched a joint activity with solayer, the current annualized rate of sol pledge is 26%+
2. @fragmetric will soon launch its $FRAG token in the last Binance Wallet event, and 10% of its total supply of 1 billion will be distributed to users and the community through airdrops. Snapshots were taken on June 23-24 for Mad Lads, TOPU Inc., and fragAsset holders. Claims will start on July 1
3. Sahara wool review inspiration
https://x.com/taolige666/status/1937801316358918610
The mainnet has a balance, the balance in polymarket is greater than $100, plus the previous inspiration, evm has 5tx+ in half a year
4. [Extended reading] Is JD.com's application for a stable currency a big move?
https://x.com/Trader_S18/status/1937902058600046804
5. The new backpack season will start on July 3
6. [Extended Reading] How to Build Eight-Figure Wealth in Cryptocurrency (and Aim for Nine-Figure)
https://x.com/WarrenNakamotoX/status/1926882611458101635
