for

According to Coinglass data, the current 8-hour average funding rate for ETH across the network is 0.0007%. Among the current mainstream exchanges, the rate on Binance is 0%, OKX is 0.0036%, Bybit is 0.0007%, and Gate is 0.003%.

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 0.0001%, OKX is 0.0043%, Bybit is -0.0058%, and Gate is 0.0033%.

According to CoinDesk, U.S. President Trump refused to sign a bipartisan housing bill that includes a four-year ban on the central bank digital currency (CBDC), temporarily canceling the scheduled signing ceremony and demanding that Congress first pass his proposed SAVE AMERICA ACT election bill.The CBDC provision in the housing bill would prohibit the Federal Reserve from issuing a digital dollar before the end of 2030, which was originally seen as an important advancement by the cryptocurrency industry.

According to Caixin, Xiao Rui, the son of former Wuhan Municipal Supervisory Commission member Xiao Jun, is suspected of receiving approximately HKD 4.72 million in bribes from mainland construction contractors on behalf of his father, and has laundered over HKD 64 million through underground money houses. On June 23, the Hong Kong Regional Court found Xiao Rui guilty of four counts of "money laundering" and one count of "using a false document," with the judge set to announce the sentence on July 23.In 2014, Xiao Rui was approved to reside in Hong Kong. That same year, he used his HSBC account to purchase two funds from Sun Life Financial for HKD 10 million to meet the investment requirements of the aforementioned immigration plan. Between January 2016 and September 2017, Xiao Rui's Standard Chartered and DBS accounts received multiple remittances, totaling over HKD 54 million.Regarding the "money laundering" charges, Xiao Rui argued in court that the large sums involved were legitimate earnings from his mother's business, given to him for investment in Hong Kong, with some funds also coming from the sale of Bitcoin. Concerning the explanation about Bitcoin, the judge rejected his testimony as Xiao Rui could not provide any basic records such as transaction dates, numbers, or wallet addresses.

According to Coinglass data, the current whale holdings on the Hyperliquid platform amount to $4.265 billion, with long positions at $2.13 billion, accounting for 49.94% of the holdings, and short positions at $2.135 billion, accounting for 50.06%. The profit and loss for long positions is -$176 million, while for short positions it is $88.2942 million.Among them, the whale address 0x082e..88 has taken a 5x leveraged long position on HYPE at a price of $38.6755, currently showing an unrealized profit and loss of $32.0342 million.

According to Le Figaro, the French cryptocurrency platform Paymium announced that it has obtained the official EU MiCA license issued by the French Financial Markets Authority (AMF), allowing it to continue providing cryptocurrency trading services in the EU after the new regulations come into effect.The company was founded in 2011 and claims to be the only platform operating a cryptocurrency exchange in France, with over 230,000 global customers, including individuals and institutions. The report points out that MiCA will come into full effect by the end of 2024, and platforms that do not obtain authorization from their national regulatory authorities by June 30 will be forced to cease operations.As of now, only about 20 companies in France have been approved, while about 50 have yet to submit applications, and approximately 200 companies across Europe have been certified.

According to Jinshi reports, JPMorgan has raised its year-end target for the S&P 500 index to 7,800 points, believing that the outlook is approaching a "clear sky" scenario.

The National Association of Attorneys General, the National Association of Assistant U.S. Attorneys, the International Association of Chiefs of Police, and the National Sheriffs' Association jointly sent a letter to the Department of Justice and the White House on Tuesday, warning that Section 604 of the Digital Asset Market Structure Clarity Act contains serious enforcement loopholes that could make it difficult for law enforcement agencies to investigate and prosecute crypto-related criminal activities. The letter pointed out that Section 604 includes broad exemption clauses that may allow individuals or entities assisting in the circulation of crypto assets to evade regulatory accountability, disrupting the investigative and enforcement powers that have long been relied upon.The four organizations emphasized that their concerns are not aimed at developers who simply write or publish software code, but rather at the broad exemptions that may provide a shield for illegal activities. The core of the controversy lies in Section 604—the "Blockchain Regulatory Clarity Act" (BRCA) provision, which was originally a standalone bill but was later incorporated into the Clarity Act, aimed at providing a safe harbor for non-custodial developers, clarifying that they do not fall under money transmission entities. Law enforcement organizations believe this move will create obstacles for investigations into crypto crimes.Additionally, the letter pointed out that several other provisions of the bill would "reduce transparency, weaken accountability mechanisms, and create loopholes in the anti-money laundering framework." On the same day, nearly a hundred Catholic leaders representing parishes across the country also issued a warning, stating that the bill could weaken protections against human trafficking. In response, White House cryptocurrency advisor Patrick Harker insisted that the Clarity Act is a bill that "supports regulation and supports law enforcement," emphasizing that the U.S. must proactively set standards or risk passively accepting the rules of other countries.

Bitget has launched 7 stock spot products including rSCHD (U.S. Dividend Stock ETF), rYUM (Yum Brands), rASST (Strive), and rDHI (D.R. Horton), covering popular sectors such as finance and consumer goods.It is reported that the rToken, identified by the letter r + stock code (for example, Nvidia is rNVDA), is issued by Reality, a licensed RWA protocol under Bitget, and is directly connected to global liquidity pools such as NASDAQ and NYSE through collaboration with the compliant brokerage Alpaca.

South Korea will incorporate tokenized securities into the overall framework of capital market reform. The Financial Services Commission (FSC) recently launched a review meeting on capital market infrastructure to coordinate the advancement of reforms such as speeding up securities settlement, extending trading hours, and digital transformation.According to the plan, the tokenized securities framework will officially take effect in February 2027, and relevant subordinate regulations are expected to solicit public opinions in July this year. In terms of infrastructure development, Samsung SDS has been contracted by the Korea Securities Depository (KSD) to develop a tokenized securities management platform, aiming to integrate the existing electronic securities account system with blockchain data, with the goal of completing this by February 2027.

According to CoinDesk, Federal Reserve Chairman Kevin Warsh will testify before Congress for the first time on July 14 at 10 AM (Eastern Time), and traders are closely watching for signals regarding stablecoins, bank custody, and interest rate policy.

According to the Korea Economic Daily, at least seven companies, including Dunamu, the operator of the South Korean cryptocurrency exchange Upbit, have submitted proposals to bid to become the first private custodian of virtual assets seized by the Korean National Police Agency. Other bidders include major custodians Korea Digital Asset (KODA), Korea Digital Asset Custody (KDAC), BDACS, Hecto Wallet One, Infinite Block, and DSRV.An official from a virtual asset custody institution explained that the selection results may be finalized next month. The official pointed out that in a previous pilot project conducted for the National Tax Service, the winning bidder was determined within one to two weeks after the proposal presentation concluded.

According to Jinshi reports, U.S. semiconductor stocks rose broadly before the market opened, with Micron Technology up more than 3%, Qualcomm up more than 3%, Intel and Marvell Technology up about 2%, and AMD up 1.5%.

According to Coinglass data, the current 8-hour average funding rate for ETH across the network is 0.0004%. Among the current mainstream exchanges, the rate on Binance is 0.0022%, OKX is 0.0019%, Bybit is -0.0029%, and Gate is 0.0003%.

According to Coinglass data, the current average funding rate for BTC across the network over 8 hours is 0.0028%. Among the current mainstream exchanges, the rate on Binance is 0.0022%, OKX is 0.0083%, Bybit is 0.0033%, and Gate is 0.0029%.

According to official news, the decentralized all-asset trading platform Vanta has completed a multi-million dollar seed round financing. This round of financing was led by the top TradFi platform Vantage and supported by several strategic investors, including the Co-Founder of Orderly. Vanta was founded by a core executive team from Binance, OKX, and Bitget, aiming to build an on-chain trading platform covering multiple asset classes such as crypto assets, stocks, commodities, indices, and foreign exchange.In terms of products, Vanta has launched Smart Trading and AI trading assistance features to enhance the on-chain trading experience. Currently, its public beta has started, and users participating in trading and activities during the public beta can earn double points rewards.

On June 23, five Democratic senators from the U.S. Senate, including Elizabeth Warren and Richard Blumenthal, jointly sent a letter requesting multiple Senate committees to hold hearings immediately regarding the $500 million investment by UAE officials in the Trump family's cryptocurrency project WLFI, to investigate whether this investment influenced the Trump administration's subsequent policy decisions towards the UAE.According to the letter, an agent for a member of the Abu Dhabi royal family signed an agreement with the Trump family to acquire a 49% stake in WLFI for $500 million, with the agreement completed four days before Trump's inauguration. The foreign buyer prepaid $218 million to entities associated with the Trump family and Middle East chief diplomat Steve Witkoff. The deal was reportedly endorsed by UAE National Security Advisor Sheikh Tahnoon bin Zayed Al Nahyan, and the senators described this move as "unprecedented in U.S. political history."More concerning is the policy direction following the completion of the deal. The letter lists a series of decisions made by the Trump administration within months of the agreement that were clearly favorable to the UAE: approval of $1.4 billion in arms sales to the UAE; the Treasury Department establishing a "known investor pilot" program, which opened the green light for a fast-track approval process for the UAE that had long been lobbied for by CFIUS; and the Commerce Department lifting chip export restrictions from the Biden era, authorizing UAE AI company G42 to acquire 35,000 Nvidia Blackwell chips, with a transaction amount exceeding $1 billion. However, U.S. intelligence officials reportedly found that G42 had provided U.S. technology that could enhance missile capabilities to China.The senators demanded that Trump administration officials "explain under oath when they became aware of the payments to the president and his chief regional diplomat's family," and provide clarification on how to restore public trust. Currently, neither WLFI nor the UAE government has responded to this matter.

According to Coinglass data, the current whale holdings on the Hyperliquid platform amount to 4.3 billion USD, with long positions at 2.143 billion USD, accounting for 49.83% of the holdings, and short positions at 2.157 billion USD, accounting for 50.17%. The profit and loss for long positions is -174 million USD, while for short positions it is 86.3503 million USD.Among them, the whale address 0x082e..88 has taken a 5x leveraged long position on HYPE at a price of 38.6755 USD, currently showing an unrealized profit and loss of 32.2522 million USD.

According to SoSoValue data, on June 23, Eastern Time, the total net outflow of Ethereum spot ETFs was $82.351 million. The Ethereum spot ETF with the highest net inflow yesterday was Fidelity ETF FETH, with a net inflow of $15.6929 million for the day, bringing FETH's total historical net inflow to $2.126 billion. The Ethereum spot ETF with the highest net outflow yesterday was Blackrock ETF ETHA, with a net outflow of $86.0682 million for the day, bringing ETHA's total historical net inflow to $11.164 billion. As of the time of publication, the total net asset value of Ethereum spot ETFs was $8.955 billion, with an ETF net asset ratio (the market value as a percentage of Ethereum's total market value) of 4.46%, and the historical cumulative net inflow has reached $11.028 billion.