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In order to achieve its increased stake goal, Metaplanet has issued multiple bonds, including common bonds worth $25 million, for additional purchases of Bitcoin. In addition, the company launched the largest Bitcoin equity financing in Asia in March 2025, planning to raise approximately $5.4 billion.
Market Reaction
Metaplanet's increased stake plan has attracted widespread attention from the market, and its stock price rose after the related news was released. The company's active strategy to increase its Bitcoin holdings has also made it one of the most notable enterprises in the crypto space.

On June 14, 2025, the National Assembly of Vietnam approved the "Digital Technology Industry Law", officially recognizing the legal status of crypto assets and introducing multiple supporting policies. According to the latest developments, the law classifies digital assets into two categories: "virtual assets" and "crypto assets", and provides tax reductions, land support, and other incentives for companies in the fields of artificial intelligence, semiconductors, and digital infrastructure.
In terms of compliance, Vietnam plans to pilot crypto asset exchanges (the plan was disclosed in March 2025), while also building a legal framework to regulate the market. Additionally, the Vietnamese government will launch a digital asset innovation regulatory sandbox, allowing new projects to test products in a controlled environment, thereby reducing the burden of initial compliance. Although the law has been passed, the specific implementation effects still need to be observed in terms of policy details.

On May 27, 2025, Trump Media & Technology Group announced a financing plan of up to $2.5 billion, aimed at raising funds through the issuance of common stock and convertible bonds for the creation of an enterprise-level Bitcoin treasury. The plan has reached subscription agreements with about 50 institutional investors, and the funds will be used to purchase Bitcoin and incorporate it into the company's asset reserves.
It is noteworthy that Trump himself signed an executive order on March 6, 2025, announcing the establishment of a strategic Bitcoin reserve and a U.S. digital asset reserve, designating Bitcoin as an official reserve asset. This policy backdrop echoes the Bitcoin treasury plan of the Trump Media Group, showcasing the family's deep involvement in the cryptocurrency space.

#卡尔达诺稳定币提案 Cardano (ADA) stablecoin proposal is a hot topic that has attracted widespread attention in recent years. Recently, U.S. Senate Majority Leader John Thune stated that Senate Republicans are striving to advance a landmark stablecoin bill that will establish new regulations for digital tokens pegged to the dollar. The advancement of this bill could have significant implications for stablecoin projects such as Cardano.

Background and Challenges of the #卡尔达诺稳定币提案 Stablecoin
Cardano (ADA), as the main token on the blockchain platform, faces issues of insufficient liquidity and price volatility. To address these challenges, the Cardano team has proposed various stablecoin solutions, one of which is the Djed algorithmic stablecoin.
2. Djed Algorithmic Stablecoin
Djed is an algorithmic stablecoin developed by the Cardano team, designed to maintain its value close to 1 dollar through a smart contract mechanism. This stablecoin maintains stability by holding a reserve of underlying currency and using algorithms to adjust supply. Djed has two versions: one for exchange medium and another that uses dynamic fees to quickly respond to market changes.

#卡尔达诺稳定币提案 Cardano (ADA) as a company dedicated to blockchain technology faces the issue of insufficient liquidity for stablecoins. Despite good on-chain metrics, the recent fluctuations in ADA's price have raised concerns among investors.
2. Djed Stablecoin
Djed is the highly anticipated algorithmic stablecoin on Cardano, designed to maintain its value close to 1 dollar through an algorithmic mechanism. It will hold underlying currency reserves and curb volatility by mining and burning other stable assets. Djed has two versions: one used as a medium of exchange and the other using dynamic fees to react more quickly to external events.

#以色列伊朗冲突 Airstrike Scale and Targets

The Israeli Air Force deployed approximately 200 aircraft to strike dozens of military targets, including nuclear facilities in Khandab, Khoramabad, and Natanz in Iran, as well as the Revolutionary Guard building. The operation was codenamed 'Lion's Strength' and was referred to by the Israeli military as a 'preemptive strike.'

Iran's Retaliatory Actions

On June 14, Iran launched a drone attack against Israel in the early hours, firing over a hundred drones towards Israel, most of which were intercepted by the Israeli military's air defense systems, with some assistance from Jordan and Saudi Arabia.

Casualties Among Iranian High Command and Damage to Nuclear Facilities

The Israeli military stated that most of the leadership of the Iranian Islamic Revolutionary Guard Corps Air Force was annihilated in the airstrike, and at the time of the attack, these leaders were holding a meeting in an underground command center. Additionally, two senior military commanders and several nuclear scientists from Iran were killed in the attack.

In recent years, the United States has frequently raised tariffs, especially increasing tariffs on products like steel and aluminum to 50% in 2025, and plans to impose even higher tariffs on China. This policy has sparked widespread controversy. According to the latest reports, U.S. ports are facing a quiet situation, as the first batch of goods subjected to a 145% tariff has arrived, putting workers at the Port of Los Angeles at risk of unemployment. Meanwhile, Sino-U.S. economic and trade consultations are still ongoing, and various sectors of American society strongly oppose raising tariffs, believing it will only harm the U.S. economy.

$ETH • Short-term support level: 2300-2400 USD (historical dense transaction area, significant short covering pressure)
• ​​Rebound resistance level: 2800-3000 USD (near 15-week high, driven by institutional capital intervention)
​​Main market thrusts
1. ​​Short squeeze risk: Platforms like CME/AAVE have accumulated over 5 billion USD in short positions, and if forced liquidation occurs or triggers a chain reaction, it could push prices above 3000 USD in the short term.

#加密圆桌讨论 Regulatory Framework Construction
• Custody Issues: The meeting on April 25, 2025, focused on custody solutions, including discussions on broker-dealer and wallet custody, exploring how to enhance security and compliance (Eleanor Terrett, 2025-04-17).

#实用交易工具 Smart Conditional Order Tool
• Core Functions: Supports grid trading, appointment for new stock issues, automatic triggering of take profit and stop loss, and achieves automated monitoring through the 'One Drag Six Fund Arbitrage' feature.
• Advantages: Frees up hands, automatically executes complex trading strategies, suitable for beginners to get started quickly.
• Applicable Scenarios: Regular fund investment, arbitrage trading, trend tracking.

Recent phase achievements have been made in the China-US trade negotiations, with both sides holding the second round of high-level consultations in London, UK on June 9, 2025. This meeting focuses on three core topics: tariff adjustments, rare earth resource management, and technology export restrictions, aiming to ease the tension between the two countries in the supply chain and technology fields.

In the third quarter of 2025, South Korea's financial regulatory agency plans to release comprehensive guidelines for institutional cryptocurrency investments, allowing legal entity investors to open real-name cryptocurrency accounts and lifting previous restrictions on institutional investments. This move marks South Korea's official opening of the virtual asset market to legal entity investors while allowing non-profit organizations and cryptocurrency exchanges to sell cryptocurrencies to specific groups starting next month.

The #看懂K线 line chart originated in the 18th century in Japan's rice market transactions, initially used to represent rice price fluctuations. It was later improved by American scholars and applied to the stock market, known as the "candlestick chart." Each K line consists of four parts: opening price, closing price, highest price, and lowest price. It reflects price volatility through the body (the difference between opening and closing prices) and the upper and lower shadows (the portions where the highest and lowest prices exceed the opening/closing prices).

#常见交易错误 Emotional Trading
• Behavior: Driven by market sentiment, chasing gains and selling on dips or blindly following trends.
• Case: In June 2025, during market volatility, some investors rashly entered the market due to "early positive news," but the market had already priced in the information, resulting in losses.
• Impact: Loss of rational judgment, increased trading risk.

#交易手续费揭秘 Renewal Fee Calculation Notes
1. Threshold Fee: Some brokers set a minimum threshold for single transaction fees (e.g., 5 yuan), and if it falls short, it will be calculated as 5 yuan.
2. Comprehensive Fees: Stock trading requires payment of stamp duty, transfer fees, commissions, etc.; bonds and corporate bonds also require additional taxes and fees.
3. Commission Competition: Brokers may lower commission rates to attract clients, but if too low, it may affect the broker's profitability and pose a risk of losses.

What is the technical foundation of Bitcoin?

Bitcoin relies on blockchain technology to achieve peer-to-peer transactions through a decentralized network, without relying on central institutions (such as banks or governments). Its core algorithm verifies transactions through a large number of calculations and records them in a public ledger (blockchain), ensuring data is tamper-proof and secure.

Decentralization and Anonymity

The system is jointly maintained by global nodes, and transactions do not need to go through intermediaries such as banks. Users use private keys for digital signatures to achieve anonymity (addresses are not directly associated with identity). This characteristic gives it the ability to resist censorship and inflation.

Limited Supply and Scarcity

The total supply of Bitcoin is limited to 21 million coins, distributed through a "mining" mechanism, halving every four years (currently every 210,000 blocks). This scarcity is similar to gold, and some views regard it as "digital gold".

#特朗普马斯克分歧 The differences between Trump and Musk mainly revolve around policy ideas and interest demands. The core trigger of the conflict is the "Big and Beautiful Act" proposed by the Trump administration, which Musk criticized as "robbing the poor to pay the rich" and increasing debt, leading him to publicly oppose it. Musk retweeted Trump's old tweets from 2012 and 2013 criticizing the Republican Party for raising the debt ceiling, mocking his current policy, which directly provoked a strong backlash from Trump.
Trump accused Musk of turning against him due to the withdrawal of electric vehicle subsidies, claiming he has "gone crazy," and threatened to cut Tesla's government subsidies and contracts, resulting in Tesla's market value evaporating by more than $150 billion in a single day. Musk countered by stating that the bill was never shown to him and was rushed through late at night, questioning the transparency of the policy. Furthermore, Trump also mentioned that Musk had previously recommended a Democrat to run NASA, implying that the conflict between the two had long been brewing.

#加密安全须知 Set High-Strength Password
• The password must include uppercase letters, lowercase letters, numbers, and special symbols. It is recommended to exceed 8 characters (e.g., P@ssw0rd!2025).
• Avoid using easily guessable information such as birthdays, phone numbers, or common words.
• Regularly change passwords, especially when handling important documents.
​​Choose Reliable Encryption Tools
• Use compression software that supports strong encryption, such as WinRAR or 7-Zip, to encrypt important documents and compressed files.
• For sensitive files, use encryption software in conjunction with access control tools (such as BitLocker or FileVault).
​​Securely Store Keys
• Do not store encryption keys in the same location to avoid leakage.
• Consider using hardware security modules (HSM) or encrypted cloud storage services to store keys.

The trading pair #交易对 is a fundamental concept in financial markets, especially widely used in areas such as foreign exchange, futures, and cryptocurrencies. Here are some key pieces of information about trading pairs:
Definition of Trading Pair
A trading pair typically refers to the trading combination between two assets or currencies. In the foreign exchange market, a trading pair usually consists of one currency against another (e.g., EUR/USD, USD/JPY). In the cryptocurrency market, a trading pair refers to the trading between two cryptocurrencies (e.g., BTC/ETH).