1. Popular Coins on CEX
Top 10 trading volumes on CEX and 24-hour price changes:
- BTC: -1.92%
- ETH: -2.25%
- SOL: -2.03%
- XRP: -2.53%
- BNB: -0.76%
- WLD: -6.12%
- ZEC: -3.75%
- UNI: -7.25%
- XAUT: -0.55%
- DOGE: -1.57%
24-hour gainers list (data source: OKX):
- XPL: +17.45%
- BIO: +13.14%
- ENA: +9.89%
- ETHFI: +8.35%
- ZAMA: +7.49%
- XLM: +7%
- ROBO: +7.01%
- ASTER: +6.92%
- ENJ +5.74%
- MEGA: +5.14%
24-hour stock gains list (data source: msx.com):
- EBON.M: +23.59%
- PDYN.M: +20.69%
- QNT.M: +15.44%
- EOSE.M: +15.12%
- MNTS.M: +12.67%
- WOLF.M: +12.44%
- MRNA.M: +11.93%
- SIMO.M: +11.61%
- BTGO.M: +11.21%
- MUU.M: +11.06%
2. On-chain Popular Meme Top 5 (data source: GMGN):
- SPACEMOON
- Lobster
- Crab Effect
- Pattern
- Mars
Headline
The Federal Reserve maintains interest rates as expected but remains overall hawkish, major changes in policy statement
For the fourth consecutive meeting, the Federal Reserve kept the benchmark interest rate unchanged at 3.50%-3.75%, in line with market expectations.
“Federal Reserve mouthpiece” Nick Timiraos comments on the Fed's interest rate decision: The new dot plot clearly shows a hawkish tendency. Of the 18 officials, 9 expect at least one rate hike this year, with 6 expecting multiple hikes. In contrast, only 1 official expects a rate cut this year; additionally, 1 participant (presumably Fed Chair Waller) did not submit an economic projections summary (SEP).
Meanwhile, the Fed's policy statement underwent a complete revision, with a clear reduction in text length. Overall, the communication framework of this meeting has changed significantly, and market expectations for the interest rate path may be adjusted as a result.
U.S. Senator Rubén Gallego (Democrat, Arizona) and Cynthia Lummis (Republican, Wyoming) jointly introduced a bipartisan resolution, calling on Congress to formally state: oppose FTX founder Sam Bankman-Fried being granted a presidential pardon, sentence reduction, or any other form of federal clemency under any circumstances. The two lawmakers stated that SBF has already completed the trial process in court and should not seek forgiveness, with Gallego saying he shows “no remorse,” and Lummis stating he should bear the established responsibilities instead of “chasing unearned clemency.”
Polymarket celebrates its 6th anniversary, total trading volume exceeds $88 billion
Polymarket's founder posted on X celebrating June 17 as the 6th anniversary, expressing, “I am truly grateful to be engaged in this significant endeavor for me. It is astounding to see the world gradually catching up with this crazy idea called 'information markets.' But we still have a long way to go.”
According to Dune data, on its 6th anniversary, Polymarket has accumulated a trading volume exceeding $88 billion.
Industry News
Federal Reserve Chair Waller: Inflation far exceeds the 2% target
Federal Reserve Chair Waller: Inflation is far above the 2% target, and persistently high prices are a burden; recent history should not set the stage for inflation issues.
Project News
Lighter's official statement on X updates the protocol buyback data, stating that since TGE, it has repurchased over 15 million LIT tokens, approximately 6% of the circulating supply.
Base will activate the Beryl hard fork upgrade, introducing the B20 native token standard
According to official news, Base is set to launch the Beryl hard fork upgrade, which will introduce the B20 native token standard, shortening the final confirmation period for single proof withdrawals from 7 days to 5 days, and upgrade Reth V2, reducing disk usage by 50% and increasing throughput by 33%.
Beryl will activate on June 19 at 2:00 AM UTC+8 on the Sepolia testnet and will activate on the mainnet on June 26 at 2:00 AM UTC+8.
B20 is the native token standard for Base, an ERC-20 compatible token implemented with Rust precompiled specifically designed for stablecoins, RWA, and long-tail token issuers, equipped with a built-in compliance toolkit, including transfer strategies, freezing and seizure, role-based access control, memos, and supply caps.
Investment and Financing
Karta completes $140 million Series A financing, Galaxy Ventures and CIM co-led the investment
Karta announced the completion of $140 million in Series A financing, co-led by Galaxy Ventures and CIM. Karta is a U.S. credit card product for global travelers that does not require a U.S. Social Security Number to apply.
Stablecoin payment infrastructure Trace Finance announced the completion of $32 million in Series A financing, led by CoinFund, with participation from Coinbase Ventures and others. Trace Finance plans to expand operations in Latin America and the Asia-Pacific region with this financing and advance more licensing applications. The company claims to have handled over $10 billion in institutional cross-border transaction volume.
Sharon AI announces issuance of convertible senior notes to raise $700 million
Sharon AI announced the issuance of convertible senior notes to raise $700 million to support its computing agreements with Nvidia.
AI financial regulatory infrastructure Flagright announced the completion of $12.5 million in Series A financing, led by Infinity Ventures, with participation from Y Combinator, Sella Direct Ventures, and existing investors Frontline, among others. This round of financing will be used to drive its expansion in "explainable AI compliance" scenarios and accelerate its layout in the U.S. market, reinforcing its enterprise-level standard status in the field of financial crime compliance. Flagright stated that financial crime compliance is entering a platform-based transformation phase, with banks, payments, lending, and brokerage institutions facing increased transaction volumes, stricter regulations, and more complex financial crime methods, while traditional compliance systems have difficulty adapting to current demands.
Voices
Kalshi co-founder and CEO Tarek Mansour stated in an interview with FOX: “To be honest, when I think of competitors, I mostly do not think of Polymarket, but of some other platforms. We are surrounded by a group of competitors.”
In a subsequent interview, Tarek primarily mentioned CME and Robinhood, the former having helped betting giant FanDuel launch its own prediction market product, and the latter now having launched its self-built prediction market Rothera. Additionally, Tarek mentioned DraftKings, Novig, and Coinbase.
a16z crypto pointed out that the crypto industry is entering the so-called "Show Me" era, where the market and media no longer accept projects that rely solely on vision and white papers, but require real data and verifiable products. Over the past decade, crypto projects often relied on a "vision as product" logic to gain market attention through white papers, token narratives, and proof of concepts, but with increasing regulatory scrutiny, rising negative events in the industry, and institutional entry, this model is becoming ineffective. At the same time, traditional financial institutions accelerating their entry into the crypto field have significantly raised industry thresholds, including BlackRock's tokenized money market funds, Fidelity's ETF arrangements, and JPMorgan Chase's progress in on-chain settlement and self-built blockchain networks, making "real products and actual usage" the new competitive standard.
Michael Burry, known for successfully shorting the U.S. subprime mortgage market, stated that he currently holds neither long nor short positions in SpaceX, primarily not based on his judgment of the company's fundamentals, but because shorting costs are currently at prohibitively high levels. Burry wrote, SpaceX is essentially “a small aerospace company, a niche telecom operator, a troubled social media company, and a CoreWeave-light type computational service provider,” with annual revenue of less than $20 billion, yet corresponding to a market valuation of about $3 trillion. At the time of these remarks, SpaceX's stock price has continued to rise after its IPO. The stock rose 20% on its first day of trading, and over the next week accumulated more than 25%, with its market capitalization surpassing Berkshire Hathaway and ranking in the top five globally, second only to Nvidia, Google, Apple, and Microsoft.
免责声明：本文章仅代表作者个人观点，不代表本平台的立场和观点。本文章仅供信息分享，不构成对任何人的任何投资建议。用户与作者之间的任何争议，与本平台无关。如网页中刊载的文章或图片涉及侵权，请提供相关的权利证明和身份证明发送邮件到support@aicoin.com，本平台相关工作人员将会进行核查。
