1. 🔬Opportunities to watch
BlackRock's Bitcoin ETF management fee revenue exceeds that of the S&P 500
Backpack launches second season points activity
Robinhood's Bitstamp has obtained a license from Singapore MAS
Binance launches 4x leverage loan service for institutional users
Jupiter: Q2 ASR incentive application has been opened
2. ❇️DeFi
a. New projects in the past 1 day
Bagel Finance V2 --- Indexes (TON, 0 million)
Riddle --- Launchpad (XRPL EVM, 10,000)
ZKP2P --- Payments (Base, 50,000)
YieldFlow-YTrade --- Derivatives (Arbitrum, 80,000)
Burve --- Dexs (Berachain, 50,000)
Aera V3 --- Onchain Capital Allocator (Multi-Chain, 4.26 million)
b. Project list
Project list: TVL > 5m & (7-day new | 24h TVL change > 10%)
c. Related projects
Riot Platforms: June mining output of 450 BTC, total holdings increased to 19,273 BTC
Tether and Adecoagro will use renewable energy for Bitcoin mining in Brazil
MELANIA team unlocks 25 million MELANIA, worth about $5.23 million
Jupiter Core Working Group (CWG) officially announces dissolution, will no longer receive remaining JUP tokens
Owlto releases product strategy upgrade, aiming to promote stablecoin cross-chain infrastructure centered around USD1
Ripple applies for a U.S. banking license following Circle, planning to provide more crypto services
Binance Alpha has launched MemeCore (M)
DeFi new changes: Why are top protocols issuing stablecoins? Revealing the evolution path of four major business models
Jupiter's token launch platform Jupiter Studio goes live
What do you need to know about Aave V4?
Multiple XStonks on-chain U.S. stocks have seen decoupling, with HOODX once surpassing $800
Huaxia Fund Hong Kong: Exploring integrated applications of stablecoins for payment, subscription, redemption, and asset management
Hong Kong stocks Multidimensional Intelligent rose by 90%, have allocated BTC and plan to apply for a Hong Kong stablecoin license
3. 🌏Macro
U.S. Treasury Secretary: Stablecoin legislation is expected to boost demand for U.S. Treasuries
IMF warns: Trump's tax bill may worsen U.S. fiscal deficit and debt burden
Analyst: The Federal Reserve won't lower interest rates until the end of 2025
JPMorgan expects the stablecoin market size to reach $500 billion by 2028, far below optimistic forecasts
U.S. Treasury Secretary: In the fall, the selection process for the new Federal Reserve Chair will begin
U.S. job market remains stable, Federal Reserve may delay interest rate cuts until September
Bessenet denies that the dollar's decline threatens its status as the world's major currency
Data: U.S. continuing claims for unemployment benefits increased, reaching the highest level since November 2021
U.S. non-farm employment numbers for April and May combined were revised up by 16,000
After the non-farm data release, the market predicts an approximately 80% chance of a Federal Reserve rate cut in September
The Bitcoin spot ETF had a total net inflow of $408 million yesterday, with Fidelity ETF FBTC leading at $184 million
JPMorgan's blockchain division Kinexys tests carbon credit tokenization with S&P Global
The Ethereum spot ETF had a total net outflow of $1.8236 million yesterday, with BlackRock ETF ETHA having a net outflow of $46.8863 million
PayPal co-founders and other tech billionaires are setting up a new bank to serve crypto and AI startups, planning to include stablecoins in their balance sheets
4. 🐳Whale movements
a. Institutions, large investments, whale behavior
A whale deposited 8.768 million USDC into HyperLiquid and purchased 215,850 HYPE
“Insider whale” once again suffered a liquidation loss of $381,000, remaining short positions are still on the edge of liquidation
SharpLink Gaming continues to buy approximately $7.09 million ETH, old OG address reversely sold over $10 million
“SOL version of MicroStrategy” DDC once again increased its holdings by 17,760 SOL
“Insider whale” was forced to close out 1,111.7 ETH and 37.96 BTC again 50 minutes ago
Nano Labs increased its holdings by 74,315 BNB, expanding its digital asset reserves to approximately $160 million
A whale lost $1.58 million within a minute by buying Meme coins, while another investor made $880,000 in two minutes
A whale bought $3.645 million worth of ETH an hour ago
Insider whale's short positions have been liquidated 8 times in succession, resulting in a profit reversal of $15.08 million
Abraxas Capital's short account lost $40 million in 10 days
“Repeatedly shorting BTC whales” shorted again, opening price $108,869, recent profit $13.17 million
A user invested $45 and made a profit of $300,000 in 3 minutes, possibly due to a whale operation error
b. DeFi, NFT, On-chain activities
c. Exchange-related capital flows
A newly created wallet received $12.1 million worth of SAHARA from Binance
An Ethereum ICO participant transferred 1,000 ETH to Kraken, with an unrealized profit of $26 million while still holding 3,000 ETH
Abraxas Capital withdrew $126 million worth of ETH from CEX in the past 24 hours
A whale that hoarded ETH 8 years ago transferred over 4,100 ETH to Gemini, worth about $10.51 million
Matrixport withdrew 5,000 ETH from Binance half an hour ago
YZi Labs transferred 5,017,000 HOOK to Binance 40 minutes ago, approximately worth $560,000
5. 📃Industry
a. NFT & GameFi & SocialFi & DID & DAO & Content Creation
RealMint platform related application functions have been completed and will be officially opened for use soon
Movement Global City Center Project officially launched, first batch of 6 city centers announced
b. Exchanges/Wallets
Binance payment upgrade, launching contact transfers and on-chain transfer solutions
Backpack: Compensation will be provided to users who suffered unexpected losses during the maintenance period
Coinbase announces the addition of Sky (SKY) and USDS (USDS) to the coin listing roadmap
d. Investment and financing
The Open Platform completes $28.5 million Series A financing, led by Ribbit Capital
Distinct Possibility Studios completes $30.5 million financing, co-led by Bitkraft Ventures and Brevan Howard Digital
YZi Labs announces investment in Digital Asset
e. Regulation
SEC halts Grayscale's cryptocurrency fund ETF conversion application
Bank of England Governor warns: Stablecoins threaten public trust in currency
New York law firm files class action lawsuit against Strategy, accusing it of misleading investors about Bitcoin strategy profits
U.S. House Speaker: Final vote on the 'Too Big to Fail Act' will take place today at 8:00 PM
The American Financial Industry Association opposes the tokenized stock exemption application, urging the SEC to adopt an open review process
Next week, a hearing will be held for the full committee on crypto market structure, with Ripple CEO attending
New York bankruptcy court approves Celsius's $4.3 billion lawsuit against Tether
f. Security
Slow Mist CISO: Security company Koi disclosed that over 40 counterfeit cryptocurrency wallet extensions appeared in the official Firefox browser plugin store
Slow Mist: Popular Solana tools on GitHub harbor cryptocurrency theft traps
6. 🤖AI related
OpenAI refutes Robinhood's launch of its tokenized shares, stating it has not authorized or endorsed them
7. 🔧Tools
GMGN launches video version of income diagram function, supporting generation of MP4 format within 10 seconds
8. 💡Opinion
10x Research: Bitcoin may face a summer explosion, opening a key market window
Opinion: Ripple's application for a Federal Reserve master account is more significant than applying for a national bank charter
Opinion: If Robinhood succeeds, it will eliminate 90% of financial intermediaries
Robinhood CEO: Tokenized stocks of OpenAI and SpaceX are derivatives, not equity
Dialogue with Cobo Senior Vice President Alex: Technology, compliance, and distribution, the triple play for the large-scale adoption of stablecoins
Analysis: The spot Ethereum ETF is expected to see explosive growth in the second half of 2025
DWF partner: Bitcoin and crypto-related stocks may hit new highs, with some altcoins following suit
Revealing Erebor: Peter Thiel's crypto bank, the conspiracy of Trump's financiers
Arthur Hayes: The U.S. strongly supports the grand conspiracy behind stablecoins
Arthur Hayes: Stablecoins are a 'new weapon' for finance, potentially bringing trillions of dollars of liquidity support to Bitcoin in the future
Bo Hines: After the U.S. stablecoin legislation takes effect, the scale of the crypto industry may reach '15 trillion to 20 trillion dollars'
Bloomberg analyst: There is very strong demand in the market for products with 'certain revenue structures'
