According to the announcement from Binance, Binance Wallet will run a Citrea (CTR) trading competition on Binance Alpha, allowing eligible users to earn token rewards based on their CTR purchase activity during the Promotion Period from 2026-06-09 13:00 (UTC) to 2026-06-16 13:00 (UTC). Competition Overview: Participants will be ranked by total CTR purchase volume during the Promotion Period. The top 2,000 users by CTR purchase volume will share 6,660,000 CTR equally, which Binance stated equals 3,330 CTR per user. Only cumulative purchases are counted for the campaign, while selling is excluded. Binance said qualifying trades must be executed via Binance Wallet (Keyless) or Binance Alpha; third-party dApp transactions are excluded, and token bridging transactions are not eligible. Ranking Method and Multipliers: Binance said rankings will be based on total Effective Trading Volume, calculated from daily Effective Trading Volume across the Promotion Period. Daily Effective Trading Volume is defined as Actual Trading Volume multiplied by an Early Bird Boost Multiplier, with multipliers set at 4x for Day 1, 3.5x for Day 2, 3x for Day 3, 2x for Day 4, 1.8x for Day 5, 1.5x for Day 6, and 1x for Day 7. Binance also introduced a Rising Trader Boost Multiplier: eligible “Rising Traders,” defined as users who have won rewards in fewer than 3 previous Binance Wallet Alpha trading competitions as of three days before the start of the Promotion Period, receive a 2x boost on actual trading volume subject to a cap. Rewards Timing: Binance said CTR rewards will be made available to eligible users before 2026-06-30 13:00:00 (UTC), and must be claimed within 14 days after they become claimable.

China Dongxiang (3818) issued a profit warning, expecting net loss attributable to equity holders of no more than RMB180 million for the fiscal year ended this March, according to Ming Pao. The company reported net profit attributable to shareholders of about RMB207 million in the previous fiscal year.

Binance Alpha's second round of KGeN (KGEN) airdrop rewards has launched on June 9, 2026. Eligible users with a minimum of 241 Alpha Points can claim 160 KGEN tokens on a first-come, first-served basis. Key details Minimum Alpha Points required: 241. Airdrop amount per claim: 160 KGEN. Points consumed per claim: 15 Alpha Points. Claim deadline: 24 hours from launch — claims must be confirmed on the Alpha Events page or will be considered forfeited. If the reward pool is not fully distributed at the 241-point threshold, the minimum score will automatically decrease by 5 points every 5 minutes until all tokens are claimed. Users are advised to check their Alpha Points balance, visit the Alpha Events page promptly, and confirm their claim within the 24-hour window to avoid missing out.

BOE Technology Group Co., Ltd. (BOE A) said its controlling subsidiary, BOE Energy Technology Co., Ltd., plans to terminate its application to publicly issue shares to unspecified qualified investors and list on the Beijing Stock Exchange, and will withdraw the related filing documents. According to Jin10, BOE Energy Technology’s first board of directors approved the proposal at its 15th meeting on June 9, 2026, and the matter will be submitted to a shareholders’ meeting for review. The company’s earlier public share issuance application had been accepted by the Beijing Stock Exchange on December 31, 2025.

The UK's Financial Conduct Authority has proposed allowing authorized retail investment funds to hold up to 10% of their assets in crypto exchange-traded notes — a significant regulatory step that would bring crypto exposure into the mainstream investment fund universe for the first time in the United Kingdom. The proposal was floated in the FCA's quarterly consultation paper published Friday and applies to undertakings for collective investment in transferable securities — known as UCITS funds — as well as some non-UCITS retail-focused funds. A five-week consultation period runs until July 13. What the proposal would allow Under the FCA's proposed framework, retail-focused authorized funds could gain exposure to crypto ETNs up to a 10% cap — provided the investment is consistent with the fund's disclosed investment objectives and risk profile. The 10% ceiling is explicitly conservative. The FCA described it as setting "conservative restrictions on assets to which a fund can be exposed, in exchange for allowing these funds to be marketed to retail consumers." The regulator was clear that it does not believe allowing retail funds to have "significant exposure" to crypto products is appropriate "given the speculative nature of the underlying cryptoassets" — framing the 10% limit as a floor for protection rather than a ceiling on ambition. For unregulated and qualified investor schemes, the FCA proposed no upper limit on crypto ETN holdings — but those funds cannot be marketed or sold to retail investors, maintaining a separation between sophisticated and retail capital. The FCA also indicated it would likely prevent funds centered on long-term assets such as property from holding crypto ETNs, on the grounds that crypto is not consistent with those funds' investment objectives. Why this matters: closing the retail-institutional gap The proposal directly addresses a regulatory inconsistency that emerged in August 2025, when the FCA lifted its ban on retail investors trading crypto ETNs directly. That change allowed individual retail investors to buy crypto ETNs through their brokerage accounts — but it did not extend to the authorized funds those same investors might hold through ISAs, pensions, or other pooled vehicles. The proposed 10% cap closes that gap, ensuring that retail investors accessing the market through funds have equivalent — if limited — access to crypto products as those trading directly. The FCA framed the proposal as keeping authorized funds "contemporary and consistent with the demands of investors" while ensuring consumers "are adequately protected and markets function well" — language that positions crypto ETN access as a mainstream investor expectation rather than a fringe request. The broader UK crypto regulatory picture The consultation lands as the UK has been systematically building a comprehensive crypto regulatory framework across multiple fronts simultaneously. The FCA and Bank of England are jointly consulting on proposed rules for stablecoins, crypto custody, and staking. The Bank of England last month signaled a softer approach to its stablecoin regime after industry pushback against holding caps and reserve requirements that crypto companies warned could stifle adoption. In April, the FCA made new rules for tokenized funds to ease blockchain adoption by asset managers and sought feedback on stablecoin issuance, trading, custody, and staking guidance. Together, these regulatory developments are establishing the UK as one of the most proactively constructive major jurisdictions for institutional crypto adoption — a positioning that stands in contrast to the patchwork US regulatory environment where the CLARITY Act is still working through Senate floor debate. The global institutional adoption context The FCA's proposal arrives at a moment when institutional crypto adoption frameworks are advancing across multiple major jurisdictions simultaneously. Japan's Liberal Democratic Party has proposed a legal framework for crypto ETF trading. Moody's awarded AAA ratings to BlackRock and Fidelity tokenized money market funds. The US House Ways and Means Committee circulated seven crypto tax reform draft bills. And the CLARITY Act continues its Senate floor progress. A UK framework allowing retail funds to allocate up to 10% to crypto ETNs would represent a meaningful expansion of the addressable institutional market for digital assets — particularly given that UCITS funds are distributed across European markets, not just the UK, making the potential reach of the proposal significantly broader than domestic adoption figures alone would suggest.

An Indian government official said gold imports have continued to fall since the government raised import duties, and there are no plans to introduce additional measures to restrict imports in the future. According to Jin10, the official said the decline has persisted since the tariff increase and that the government does not intend to take further steps aimed at limiting gold imports.

The yen has remained weak at the start of the week, with USD/JPY rebounding above 160.00, Mitsubishi UFJ said. According to Jin10, the bank said markets have now almost fully priced in the possibility that the Bank of Japan will raise interest rates at its June 16 policy meeting, meaning that even if a hike occurs, it is unlikely on its own to trigger a significant reversal in the yen’s weakness. Mitsubishi UFJ added that if the Bank of Japan does not follow up with additional rate increases, markets would likely react more negatively, intensifying investor concerns that the central bank is falling behind in addressing Japan’s inflation risks. Overall, the bank said recent developments have not changed its view that the yen may stay weak in the near term until the most severe phase of the energy price shock begins to fade.

Since the beginning of June, BTC has fallen from 71k to around 60k before finally starting a local bottoming out and rebounding.

At midnight Beijing time on June 9, 2026, Apple's WWDC 2026 arrived as scheduled.

Coinbase and Cardless launched a card that lets users use USDC stablecoins as collateral to get credit instead of traditional credit checks. It targets crypto holders who struggle to get approved for regular cards, with locked USDC still earning yield and a $49.99 fee.

Binance has clearly outlined a roadmap for the integration of the crypto industry with traditional finance by 2026 through a single product move.

Amazon has launched an AI tool in its shopping app that turns text prompts into custom designs for items like clothing and drinkware. It is free to use, runs on Merch on Demand, and puts Amazon in competition with print-on-demand platforms while expanding its AI shopping features.

A massive sell-off of 32 Bitcoins, panic triggered by the Zerocoin vulnerability, better-than-expected non-farm payroll data, and billions of dollars in liquidation all contributed to a sharp market downturn. Then, Cyril went against the trend and bought the dip.

Ron Baron plans to invest another US$1 billion in SpaceX ahead of its expected IPO, adding to a stake already worth around US$15 billion. The billionaire investor says he will not sell his shares and believes SpaceX could become one of the world's most valuable companies over the next decade.

If you are simply jealous of those "lucky ones who caught the AI ​​wave," you will only miss out on opportunities in the end.

What capital is really buying may never be computing power itself, but rather the electricity, land, network access, and infrastructure capabilities upon which computing power depends.

Building data centers, installing cooling systems, and adjusting PUE used to be the exclusive domain of cloud vendors and telecom operators. Now that model companies are getting involved, it means that the pursuit of control over computing power and cost limits has reached its extreme.