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According to monitoring by Lookonchain, the BlackRock ETF address has recorded a net outflow of Bitcoin for 10 consecutive trading days, totaling 35,980 BTC (approximately 2.24 billion USD).

According to on-chain analyst Onchain Lens (@OnchainLens), Riot Platforms deposited 500 BTC (approximately $30.72 million) into NYDIG Custody.

JPMorgan analysts stated that Michael Saylor's Strategy recently officially launched a Bitcoin selling policy, transforming the company from a pure BTC buyer into a potential seller, introducing "avoidable two-way risk" to the crypto market. Strategy's Bitcoin selling policy is called the BTC Monetization Program, allowing the company to sell Bitcoin to raise up to $1.25 billion in cash reserves for paying preferred stock dividends and interest expenses, or for repurchasing preferred stock and common stock to optimize its capital structure.JPMorgan believes that if Strategy may sell BTC in the future, it will increase market uncertainty and volatility regarding Bitcoin prices. Analysts noted that if the company instead supplemented future dividend payment reserves through equity issuance, this risk could have been avoided. Strategy currently has a minimum cash reserve target set to cover 12 months of preferred stock dividends and interest expenses, with the current $2.55 billion cash reserve approximately covering 17 months of dividends. JPMorgan believes the company should increase its cash reserves to cover 24 to 36 months of related obligations, even if this may lead to common stock trading at a discount to net asset value, it would reassure investors that the company will not be forced to sell Bitcoin in the short term.

According to the South China Morning Post, Sun Shengbin from the Wenzhou Public Security Bureau and Lou Yandi from the Zhejiang Provincial Public Security Department's Criminal Investigation Team published a technical paper on June 4 in the journal "Forensic Technology," systematically disclosing the Chinese police's forensic tools and case handling processes for virtual currency assets such as Bitcoin and Ethereum. The content covers aspects such as device cracking, evidence collection, on-chain transaction tracking, and asset freezing and seizure.The paper outlines several tracking methods, one of which involves tracking transaction fees back to exchanges like Binance, allowing the police to obtain user data. The police can acquire "Know Your Customer" (KYC) records from major exchanges such as Binance, OKX, and HTX through formal legal channels. For funds stored in exchanges, the police can freeze accounts for six months, and the freezing period can be extended.Additionally, the document emphasizes strict operational bottom lines: investigators must not privately hold private keys. The principle of "separation of case handling and custody" must be adhered to, with comprehensive supervision and the establishment of a clear regulatory chain record.

SK Hynix evaporated $160 billion in market value in a single day (approximately 1 trillion RMB), with its total market value falling below the $1 trillion mark, while Bitcoin saw a slight rebound today. According to 8MarketCap data, Bitcoin's market value has returned to above $1.2 trillion, with a 24-hour increase of 2.41%, rising to the 16th position in the global asset market value ranking, surpassing storage giants such as Samsung, Micron, and SK Hynix.

According to the South China Morning Post, citing informed sources, the AI video generation startup Kling AI, spun off from Kuaishou, is about to complete a $3 billion financing round, with a post-investment valuation reaching $18 billion, with Tencent participating in this round of investment. It is reported that this final valuation has been adjusted down from the initial target of $20 billion set in April this year.Informed sources further pointed out that with the release of the latest AI video model driving a surge in annual recurring revenue, Kling AI plans to initiate the Hong Kong listing process within the next 12 months. The funds raised and future IPO revenue will mainly be used for infrastructure construction such as computing power and data centers, as well as recruitment and retention of talent.

Empery Digital (EMPD) stated that it may sell part of its holdings of 3,000 Bitcoins to finance a $65 million AI data center project. The company currently has no plans to continue increasing its BTC holdings.

According to SoSoValue data, the cryptocurrency sector has generally declined, with the Layer2 sector dropping 3.57% in 24 hours. Among them, Mantle (MNT) fell 4.97%, Starknet (STRK) fell 4.93%, and Celestia (TIA) fell 9.54%. At the same time, Bitcoin (BTC) dropped 1.89%, falling below $59,000; Ethereum (ETH) fell 0.98%, dropping below $1,600.In other sectors, the PayFi sector declined 0.29%, but Stellar (XLM) rose 11%; the CeFi sector fell 0.87%, with Binance Coin (BNB) down 1.19%; the Meme sector dropped 1.05%, while MemeCore (M) rose 22.6%; the Layer1 sector fell 1.41%, with Cardano (ADA) relatively strong, rising 1.32%; the DeFi sector dropped 2.79%, with LAB (LAB) down 14.83%. Additionally, the SocialFi and NFT sectors remained relatively strong, rising 0.5% and 0.54%, respectively. Within the SocialFi sector, Gram (GRAM) rose 1.01%; within the NFT sector, Audiera (BEAT) rose 7.87%.

Strive CEO Matt Cole stated that, given the short-selling interest in SATA tokens has increased by about 1 million shares in the past 30 days, and the borrowing cost has currently reached about a 70% annualized rate, the company is seeking market feedback to explore whether it should suspend the strategy of issuing new SATA tokens at a fixed price of $100, instead allowing the market to determine its liquidation price.Cole pointed out that although $100 remains the target price, some investors believe that Strive will continue to issue additional tokens at that price point, thereby creating an invisible ceiling. Retaining issuance flexibility will increase the risks and costs of short-selling SATA, and while it may exacerbate market volatility in the short term, it aims to reduce long-term volatility and curb speculative short-selling.

Jiang Zhuoer posted on platform X, stating that ETFs continue to show a selling state, and multiple institutional products are experiencing simultaneous reductions; the market price on Coinbase has shown a significant discount, with levels having fallen back to the range before the major adjustments at the end of January and the end of May; the funding rate remains positive, while contract positions are at a high level, indicating concentrated leveraged positions. Jiang Zhuoer added, "Everything points to: something big is coming."

According to on-chain analyst Ai Yi's monitoring, the Hyperliquid whale, which previously shorted 16 altcoins for a profit of 13.68 million dollars, is suspected of selling ETH again. Four hours ago, it deposited 6,860 ETH (10.8 million dollars) to Binance, with a deposit price of 1,574 dollars. If sold, it would incur a loss of 2.86 million dollars (having accumulated at an average price of 1,991 dollars in February and March this year). Since June 24, it has transferred a total of 21.82 million dollars worth of ETH to exchanges, expecting a loss of 5.485 million dollars.

The probability of the prediction "Bitcoin will drop to $50,000 this year" on the prediction market platform Polymarket has risen to 63% (from 51% on June 16).In addition, the probability of dropping to $40,000 is 30%, and the probability of rising to $70,000 is 67%.

According to the Wall Street Journal, several U.S. lawmakers are calling for an investigation into the prediction market platform Polymarket, as its advertising is alleged to potentially contain misleading content.It is reported that the lawmakers believe Polymarket may not clearly disclose the nature of its products and associated risks in its marketing, which could mislead users. Some legislators have requested regulatory agencies to intervene and assess the compliance of its advertising and information disclosure standards.

In the past 24 hours, the cryptocurrency derivatives market experienced massive liquidations, with a total liquidation amount of approximately $1 billion, and Ethereum's liquidation amount exceeded that of Bitcoin. At the same time, Bitcoin contract open interest rose for the second consecutive day to 778,000 BTC, with a sharp increase in open interest at the end of Thursday indicating that Bitcoin traders are adding short positions in a downtrend. In contrast, Ethereum contract open interest has remained stable at around 14 million ETH since June 15, and Ethereum traders have not actively shorted during the decline.The 24-hour cumulative trading volume difference adjusted for open interest shows that short positions continue to dominate among the top 25 cryptocurrencies, with only BNB, SOL, and TON as exceptions. Meanwhile, the 30-day annualized implied volatility index for Bitcoin surged to 53%, the highest since June 7; the volatility index for Ethereum rose to 66%. In the cryptocurrency options market, last week the skew for Bitcoin options approached 30%, with significant premiums for put options. In large trades, put options with a strike price of $53,000 expiring on July 10 have appeared, reflecting strong demand for downside hedging.

According to Gate market data, European and American stock index futures continue to decline, with the Nasdaq 100 index futures falling by 1.6%, the S&P 500 index futures down 0.7%, and the Dow futures down 0.18%; the Euro Stoxx 50 index futures fell by 0.9%, the German DAX index futures down 1%, and the UK FTSE index futures down 0.8%.

On-chain security analyst Specter stated that a phishing attack suspected to target Polymarket users is currently occurring, with total losses amounting to approximately $2.94 million.According to its monitoring, attackers have transferred funds from more than 11 victim wallets holding PUSD, converting the stolen assets into ETH, while reminding users to be cautious of phishing risks and stating that the incident is still under ongoing investigation.