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According to Coinglass data, the current 8-hour average funding rate for ETH across the network is 0.001%. Among the current mainstream exchanges, the rate on Binance is 0.0026%, OKX is -0.0029%, Bybit is 0.005%, and Gate is -0.003%.

According to Coinglass data, the current 8-hour average funding rate for BTC across the network is -0.0011%. Among the current mainstream exchanges, the rate for Binance is 0.0009%, OKX is -0.0064%, Bybit is 0.0013%, and Gate is -0.0069%.

Cryptocurrency analyst Darkfost stated on social media that Bitcoin is currently facing one of the most severe U.S. Treasury yield environments since its inception. Although historically, the U.S. federal funds rate and the U.S. dollar index have reached higher levels, the current long-term U.S. Treasury yields remain elevated, with the 30-year and 10-year Treasury yields fluctuating between 4.5% and 5%. Coupled with the market's rising expectations for another interest rate hike within the year, this has led to sustained high funding costs and a tightening liquidity environment.Analysis suggests that in a high-yield environment, investors are more inclined to allocate to low-risk fixed-income assets, thereby diminishing the attractiveness of risk assets, including Bitcoin. Historical experience shows that rising U.S. Treasury yields are often accompanied by tightening financial conditions, which puts pressure on Bitcoin's price movements. The current market is at a critical turning point, with the risk premium of risk assets relative to long-term Treasuries being compressed.However, if the macroeconomic outlook becomes clearer in the future, and investors regain confidence in the bond market, capital inflows into the bond market may drive yields down, thereby expanding the risk premium and improving the investment environment for risk assets like Bitcoin. The market generally believes that this process may take several months, and its evolution will largely depend on the development of U.S. government policies and the overall economic situation.

According to Xinhua News Agency, Iranian Foreign Ministry spokesman Baghaei stated on the 13th that any possible understanding reached between Iran and the United States is only to promote continued dialogue between the two sides, rather than a final agreement; the unfreezing of Iran's frozen assets will be an indispensable part of the Iran-U.S. understanding.Baghaei said during a meeting with media personnel that Iran's current focus is on ending hostilities on all fronts and regional tensions, and there will be no in-depth discussion of the details of the nuclear issue at this stage. He stated that the only way to achieve regional security is to end the presence of foreign military forces in the region.Baghaei emphasized that the issue of unfreezing Iranian assets is an important component of the understanding and will not be excluded. Current discussion topics also include eliminating U.S. hostile actions against Iranian vessels and issues related to the Strait of Hormuz.Baghaei said that Iran will act with the utmost caution while advancing negotiations and diplomatic processes, while remaining vigilant based on past experiences. If the other party refuses to fulfill its obligations, Iran can take countermeasures.

According to reports from Xinhua News Agency citing foreign media, a delegation from Iran, including the Iranian Foreign Minister, will visit Pakistan on the 14th.

According to Coinglass data, the current whale holdings on the Hyperliquid platform amount to $4.201 billion, with long positions totaling $2.092 billion, accounting for 49.79% of the holdings, and short positions totaling $2.11 billion, accounting for 50.21%. The profit and loss for long positions is -$156 million, while the profit and loss for short positions is $88.244 million.Among them, the whale address 0x0ddf..02 has shorted ETH with a full position at a price of $1,810.16, currently showing an unrealized profit and loss of $7.8038 million.

According to monitoring by Catcher Predict, in the "Brazil vs Morocco More Markets" event on the prediction market Polymarket, the "Over" option for the sub-market "Morocco Second Half O/U 1.5" experienced significant fluctuations in winning probability, soaring from 9% an hour ago to the current 27% (a fluctuation of 18%). Please note the impact of related breaking news.

Marc Andreessen, co-founder of the venture capital firm a16z, published an article outlining his stance on AI regulation by the U.S. government. He stated that if so-called regulation means creating complex rules by people who do not understand the technology, suppressing innovation through layers of approval and compliance requirements, and ultimately becoming a tool for large enterprises to consolidate market positions and hinder newcomers, then he will firmly oppose such regulation.In his view, excessive regulation often leads to startups being crushed by cumbersome procedures and high compliance costs, causing innovative talent to flow to more open markets, while regulatory agencies themselves continue to expand, ultimately deviating from their original goals.Andreessen specifically criticized the regulatory mindset centered on the "precautionary principle," arguing that if this concept is amplified indefinitely, it could lead society to reject new technologies out of fear of potential risks. Many regulatory measures often arrive late, after fundamental changes in technology and industry have already occurred, making it difficult to address real issues and potentially becoming obstacles to innovative development. He also attributed the relatively lagging state of technological innovation in Europe in recent years to a culture of excessive regulation, believing that regulation should not become a moat to protect vested interests and raise market entry barriers.However, Andreessen emphasized that he does not oppose all forms of regulation. On the contrary, he supports rules that can build market trust, ensure public safety, and maintain fair competition. For example, preventing AI from faking voices to commit financial fraud, preventing deepfake content from interfering with elections, preventing technology from being used to harm vulnerable groups, and ensuring that consumers and businesses can safely use new technologies.In his view, reasonable regulation is like guardrails on a highway and a braking system in a car; it does not hinder technological progress but rather allows innovation to develop in a faster and more sustainable manner. Andreessen stated that what is truly worth pursuing is not "zero regulation" or "heavy regulation," but finding a balance between innovative vitality and social trust, which is also his unwavering stance.Previously, the U.S. government forcibly "recalled" commercial models due to jailbreak risks, leading Anthropic to take Fable 5 offline overnight and publicly protest.

According to Reuters, citing two informed sources, South Korean memory chip manufacturer SK Hynix is planning to choose Nasdaq as its platform for listing in the United States. This leading global memory chip company aims to go public on a technology-focused trading platform, leveraging strong investor demand for artificial intelligence (AI)-related stocks.The listing could take place as early as August. Previously, SK Hynix's stock price has risen about 230% this year, pushing the company's market value to surpass $1 trillion in May. The U.S. listing is expected to further expand the company's investor base and enhance its visibility in the global capital markets.Sources said that SK Hynix ultimately chose Nasdaq over the New York Stock Exchange. As the relevant information has not yet been made public, the two sources requested anonymity. SK Hynix declined to comment on this matter. Nasdaq has not responded to requests for comment outside of business hours.

According to Coinglass data, the current 8-hour average funding rate for ETH across the network is 0.003%. Among the current mainstream exchanges, the rate on Binance is 0.0036%, OKX is 0.0003%, Bybit is 0.0015%, and Gate is 0.0054%.

According to Coinglass data, the current 8-hour average funding rate for BTC across the network is 0.0024%. Among the current mainstream exchanges, the rate for Binance is 0%, OKX is 0.0009%, Bybit is 0.0013%, and Gate is 0.0017%.

According to Coinglass data, the current holdings of whales on the Hyperliquid platform amount to $4.168 billion, with long positions at $2.084 billion, accounting for 50.01% of the holdings, and short positions at $2.083 billion, accounting for 49.99%. The profit and loss for long positions is -$168 million, while for short positions it is $104 million.Among them, the whale address 0x0ddf..02 has shorted ETH with a full position at a price of $1810.16, currently showing an unrealized profit and loss of $8.2358 million.

The advisory committee of cryptographic experts led by Coinbase has released a report stating that Bitcoin should immediately begin preparing for potential quantum computing attacks. However, the committee did not take a clear stance on whether to freeze the millions of Bitcoins that could potentially be stolen by quantum computing in the future.It is reported that the committee members include several leading experts, such as Ethereum Foundation researcher Justin Drake, who believe that the current focus of the debate is not on how to introduce quantum-resistant signature technology, but rather on how to handle the Bitcoins that have not been migrated for a long time. One viewpoint calls for setting a deadline, after which the existing ECDSA and Schnorr signature schemes for Bitcoin will cease to be supported, and un-migrated assets will be frozen to prevent future quantum attackers from acquiring large amounts of BTC and impacting the market. Another viewpoint argues that this amounts to asset confiscation, contradicting Bitcoin's core principles of "immutability and user complete control of assets," and could set a precedent for freezing assets in the future due to regulatory pressure.The Coinbase advisory committee pointed out that the aforementioned proposals are not mutually exclusive and can be combined, but it refused to take a position on the issue of "whether to freeze legacy BTC," believing that the final decision should be governed by the Bitcoin community. At the same time, it emphasized two points: first, the technical development of quantum-resistant signature migration should be initiated immediately and should not wait for the governance debate to conclude; second, it is necessary to clearly communicate risk information to users to avoid long-term uncertainty affecting the Bitcoin ecosystem.

According to SoSoValue data, yesterday (Eastern Time June 12), the total net outflow of Ethereum spot ETFs was $4.9452 million.The Ethereum spot ETF with the highest single-day net outflow yesterday was the Blackrock ETF ETHA, with a single-day net outflow of $4.5300 million. Currently, the historical total net inflow of ETHA has reached $11.303 billion.Next was the Fidelity ETF FETH, with a single-day net outflow of $415,200. Currently, the historical total net inflow of FETH has reached $2.117 billion.As of the time of writing, the total net asset value of Ethereum spot ETFs is $9.155 billion, and the ETF net asset ratio (the market value relative to the total market value of Ethereum) is 4.56%. The historical cumulative net inflow has reached $11.186 billion.

According to Coinglass data, the Coinbase Bitcoin premium index has been positive for 2 consecutive days, currently reported at 0.208%. The buying sentiment in the U.S. market has begun to warm up, after being in negative premium for 24 consecutive days.The Coinbase Bitcoin premium index is used to measure the difference between the Bitcoin price on Coinbase (a mainstream trading platform in the U.S.) and the global market average price. This index is an important indicator for observing the flow of funds in the U.S. market, the enthusiasm of institutional investors, and changes in market sentiment. A positive premium indicates that the Coinbase price is higher than the global average price, which usually means: strong buying in the U.S. market, active entry of institutional or compliant funds, ample dollar liquidity, and an optimistic investment sentiment. A negative premium indicates that the Coinbase price is lower than the global average price, which typically reflects: significant selling pressure in the U.S. market, decreased risk appetite among investors, rising market risk aversion, or capital outflow.

According to Cointelegraph, the latest research from Galaxy Digital indicates that due to a lack of speculative activity, the Bitcoin cycle low may occur at higher price levels than in previous bear markets. The analysis suggests that the potential bottom is between $62,000 and the actual Bitcoin price of $53,600.Galaxy's research director Alex Thorn analyzed each top and bottom of the Bitcoin cycle and noted that the four-year cycle is closely related to Bitcoin's historical trends. The decline from peak to trough has steadily narrowed across market cycles, decreasing from early drops of 85% and 84% to 77% in 2022 and 51% in 2026. The current top signal for October 2025 is weak, with only 2 out of 11 traditional top indicators signaling, while the widely watched Pi Cycle Top indicator has failed to trigger for the first time.The market capitalization to realized value ratio (MVRV) for Bitcoin peaked at 2.29, while this ratio ranged from 2.93 to 5.91 in previous cycles. The report also found that several key bottom signals are still missing. Currently, only 4 out of 13 indicators have been triggered, and most stronger signals have yet to appear. Thorn pointed out that based on the current cost price of $53,600, Galaxy estimates the fundamental bottom range to be between $40,000 and $46,000. A more severe "washout" scenario points to $30,000 to $37,000, while a more gradual decline may maintain around $51,000 to $54,000.

According to Coinglass data, the current whale holdings on the Hyperliquid platform amount to $4.185 billion, with long positions of $2.089 billion, accounting for 49.92% of the holdings, and short positions of $2.096 billion, accounting for 50.08%. The profit and loss for long positions is -$168 million, while the profit and loss for short positions is $98.1635 million.Among them, the whale address 0x0ddf..02 has shorted ETH with a full position at a price of $1810.16, currently showing an unrealized profit and loss of $8.2298 million.

According to an official statement from Anthropic, on June 11 local time, the U.S. government issued an export control directive citing national security, requiring the suspension of access to Fable 5 and Mythos 5 for all foreign nationals. Anthropic was forced to shut down the aforementioned two models for all users.The government believes it has discovered a "jailbreak" method to bypass the protective mechanisms of Fable 5, but Anthropic, after review, pointed out that the related vulnerability is relatively minor and that similar capabilities exist in other publicly available models such as OpenAI GPT-5.5, which does not constitute an exclusive risk to Mythos.Anthropic stated that it will comply with the government directive but clearly opposes taking down commercial models that have been deployed to hundreds of millions of users based on the discovery of a single narrow-range jailbreak. They warned that if this standard is widely applied in the industry, it would effectively block all new deployments of cutting-edge models. The company is currently actively communicating with the government to restore access as soon as possible.