Key Takeaways
-
Macro Environment: During U.S. trading hours, Iran signaled conditional willingness to negotiate, easing investor concerns. Oil and gold prices dropped, while the three major U.S. stock indices rose. However, as mutual attacks between Israel and Iran continued after hours, former President Trump urged all individuals to evacuate Tehran immediately and prepare for wartime scenarios. Tensions resurfaced, causing a rebound in oil and gold, and U.S. stock futures turned lower.
-
Crypto Market: Geopolitical tensions remain the primary driver of market sentiment. In the current Israel-Iran conflict window, the crypto market is expected to be news-driven. With ongoing developments and negotiation signals, digital asset prices may experience high volatility. Bitcoin fluctuated in response to Middle East headlines but remained resilient, rising 1.14%, supported by routine institutional purchases. ETH/BTC continued low-frequency oscillation, with Bitcoin dominance steady at a high level of 64.89%. Altcoins remained weak overall.
-
Today's Outlook: U.S. May Retail Sales MoM. Bank of Japan interest rate decision. Final U.S. Senate vote on the Stablecoin GENIUS Act Token Unlocks: ZK: 20.91% unlock (~$39M). APE: 1.95% unlock (~$10.6M)
Main Asset Changes
|
Index |
Value |
% Change |
|
S&P 500 |
6,033.12 |
+0.94% |
|
NASDAQ |
19,701.21 |
+1.52% |
|
BTC |
106,788.80 |
+1.14% |
|
2,544.11 |
-0.12% |
Crypto Fear & Greed Index: 68 (previously 61), level: Greed
Project Highlights
-
Trending Tokens: MAGIC, ALT, ZKJ
-
ZKJ: Polyhedra co-founder announced market buyback of ZKJ, leading to a sharp 180% rebound before another flash crash
-
TRX: Financial Times reported that Justin Sun’s Tron blockchain is planning a U.S. listing; entertainment company SRM signed a $100M equity financing agreement to initiate a TRX token reserve strategy. TRX surged briefly; SUNDOG closed up 13%
-
ALT / HAEDAL: Upbit to list HAEDAL (BTC/USDT pairs) and ALT (KRW/USDT pairs); both surged, closing up 40% and 10% respectively
Macro Economy
-
EU signals conditional acceptance of U.S. 10% universal tariffs
-
Iran told Arab officials it is willing to return to negotiations if the U.S. refrains from attacking
-
Trump states he will not sign the G7’s joint de-escalation statement regarding the Israel-Iran conflict
-
Trump: "Everyone should evacuate Tehran immediately"; ordered war room preparedness
-
U.S. to delay new sanctions on Russia
-
U.S.-UK reached a tariff reduction trade deal—key industries benefit, steel tariffs remain in place
Industry Highlights
-
Final Senate vote on GENIUS Stablecoin Act scheduled for June 17
-
Paul Chan (Hong Kong): HKMA will expedite processing of stablecoin license applications
-
Strategy purchased 10,100 BTC last week for ~$1.05B (avg. price ~$104,080/BTC)
-
Metaplanet issued $210M in zero-interest corporate bonds to buy more BTC; added 1,112 BTC, now holds 10,000 BTC
-
Davis Commodities (Nasdaq-listed) launched a $30M strategic growth plan, allocating 40% to BTC reserves
-
JPMorgan filed for crypto trademark “JPMD” covering trading and payments
-
CoinShares submitted S-1 filing for a Spot Solana ETF
-
Trump Organization: launched the “Trump Phone” (Made in the USA), priced at $499
-
Financial Times: Justin Sun’s Tron is planning a U.S. IPO
-
SRM signed a $100M equity financing agreement to launch TRX token reserve strategy
-
PumpFun and its founder’s X (Twitter) accounts frozen
This Week’s Outlook
June 16:
-
U.S. June New York Fed Manufacturing Index
-
Trump Organization major announcement
-
ARB unlock: 1.91% of circulating supply (~$30.2M)
June 17:
-
U.S. May Retail Sales MoM
-
Bank of Japan interest rate decision
-
U.S. Senate to vote on the “GENIUS” stablecoin bill
-
ZK unlock: 20.91% (~$39M)
-
APE unlock: 1.95% (~$10.6M)
June 18:
-
Sonic’s second $S airdrop season begins
-
Sonic (S) unlock: 1.65% (~$15.8M)
June 19:
-
U.S. markets closed for Independence Day
-
FOMC interest rate decision and summary of economic projections
-
Fed Chair Powell to hold monetary policy press conference
-
Bank of England interest rate decision
-
ZKJ unlock: 5.04% (~$30.3M)
June 20:
-
LISTA unlock: 19.36% (~$7M)
Note: There may be discrepancies between this original content in English and any translated versions. Please refer to the original English version for the most accurate information, in case any discrepancies arise.
