Israel-Iran Tensions Weigh on Bitcoin
On the fifth day of the Israel-Iran conflict, Iran reported 224 deaths, while Israel reported 24. The escalating geopolitical tensions negatively affected all major stock indices, while Bitcoin prices fell to $103,300.
After Trump’s National Security Council Meeting
Trump met with Netanyahu after the security summit at the White House. The clashes between Israel and Iran and possible military scenarios were discussed. Trump downplayed Iran’s air defense systems, directly targeting religious leader Khamenei, and emphasized that an attack on US troops would have serious consequences.
GENIUS Act Passes House
A bill regulating the stablecoin market passed the Senate and was sent to the House of Representatives. Only authorized companies will be able to issue stablecoins, reserves will be backed one-to-one, and regular reporting to the public will be mandatory. Federal and state-level oversight and sanctions will be established.
Fed Interest Rate Decision Meeting to Take Place This Evening
Today, the Fed’s interest rate decision, along with the FOMC press conference and Chairman Powell’s remarks, will be the focus of the market. According to CME’s “FedWatch” data, the probability of an interest rate cut in June is 0.1%, while the probability of rates remaining unchanged is 99.9%. The probability of rates remaining unchanged until July is 85.5%, while the probability of a rate cut is 14.5%.
South Korea to Invest 16 Trillion Won in Artificial Intelligence Over Five Years
According to a plan submitted by the Ministry of Science and Technology to the Presidential Committee, 50,000 GPUs will be procured, data centers will be established, and open artificial intelligence models will be made available to the public.
Franklin Templeton’s Public Comment Period for XRP and Solana ETFs Begins
The SEC has launched a public comment period for Franklin Templeton’s XRP and Solana spot ETF applications. The final review period for the ETFs, which are planned to be listed on the Cboe BZX exchange, has been extended to the end of July.
VanEck’s Solana Spot ETF Registered with DTCC
VanEck’s Solana ETF has been registered with the DTCC, the US custodian institution, under the code “VSOL.” According to Bloomberg, the ETF could be approved within 3-5 weeks and begin trading in July.
Malaysia Establishes Digital Center for Stablecoin and Programmable Money Tests
Malaysia’s Prime Minister announced the establishment of a digital asset innovation center led by the Central Bank. Ringgit-backed stablecoins and programmable payment applications will be tested.
Justin Sun: TRON MicroStrategy (SRM) Trading Volume Surpasses Alibaba and Tencent
Sun stated that SRM’s daily transaction volume is higher than that of Alibaba and Tencent. The reverse merger with SRM Entertainment is accelerating TRON’s initial public offering plans.
Three Chinese Bitcoin Mining Machine Manufacturers Are Setting Up Facilities in the US
Bitmain, Canaan Creative, and MicroBT are establishing production bases in the US to avoid being affected by Trump’s tariffs.
Ukraine Proposes Bill to Include Bitcoin in National Reserves
The Ukrainian Parliament has submitted a bill granting the Central Bank the authority to include Bitcoin in its foreign exchange reserves. The aim is to strengthen the legal status of digital assets.
Net Inflows of $216.5 Million into U.S. Bitcoin Spot ETFs
According to Farside data, a total of $216.5 million in net inflows were recorded in U.S.-based Bitcoin spot ETFs on June 18.
U.S. Ethereum Spot ETFs Receive $11.1 Million in Inflows
Ethereum ETFs recorded positive inflows for the 20th consecutive day, totaling $11.1 million in net inflows.
by Darkex Research – 1 min read
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