The yen stayed within reach of its weakest level in four decades on Friday despite Japan’s warning that it is ready to take “bold action” to defend the currency. according to Bloomberg,

Crypto analyst Murphy said the current STRC depegging can be viewed as an extreme market stress test that has temporarily reduced STRC’s ability to obtain financing. According to Odaily, Murphy said the time needed for STRC to re-peg will directly affect how strongly the market worries that Strategy may sell Bitcoin again. Murphy said Strategy previously sold only 32 BTC, and while the actual selling pressure was limited, it still broke the psychological threshold for some long-term holders. After the related announcement, net positions held by long-term holders (LTH) began to decline, and distribution at one point exceeded the pace of LTH accumulation and the conversion of short-term holders, disrupting the market’s prior supply-demand balance. He said this helped push Bitcoin down quickly from $74,000 to around $60,000. Murphy said the market is closely watching the STRC depegging event, which he described as reflecting investor sensitivity to whether Strategy will continue selling. He added that if it triggers another wave of large-scale selling by long-term holders, current market demand may struggle to absorb it. At the same time, Murphy said liquidity created by cascading sell-offs can provide large investors with opportunities to accumulate positions. He said that when negative news continues to emerge but prices become increasingly difficult to push lower, it often indicates the extreme stress test is nearing its end.

Bitcoin spot ETFs recorded a total net outflow of $90.66 million on June 18 in U.S. Eastern time. According to Foresight News, SoSoValue data showed Morgan Stanley’s MSBT had the largest single-day net inflow at $10.43 million, bringing its cumulative historical net inflow to $301 million. BlackRock’s IBIT posted the largest single-day net outflow at $96.66 million, while its historical cumulative net inflow stood at $62.07 billion. As of the time of reporting, the total net asset value of Bitcoin spot ETFs was $78.33 billion. The ETF net asset ratio, measured as market value relative to Bitcoin’s total market capitalization, was 6.19%, and cumulative historical net inflows reached $53.40 billion.

trade.xyz bought the ZHIPU code on HIP-3 early today and may introduce perpetual contract trading for Zhipu’s Hong Kong-listed shares (2513.HK) in the coming days. According to Odaily, the purchase was made in the early hours of June 19.

The CFTC has permanently banned Celsius founder Alex Mashinsky from trading in regulated US markets, closing its fraud case against him.

Musk compared himself to the 19th-century Union Pacific Railroad, but experts pointed out that the company was actually "corrupt and indebted," saying that the move "exploited the public's ignorance of history"; short sellers also said that his use of a negative example was "quite ironic."

Throughout the history of the internet, every attempt to embed a "buy" button has ended in failure.

Many investors are interested in investing in DeepSeek, but Liang Wenfeng prioritizes industry synergy when selecting investors.

A key promoter behind HyperFund, one of the largest alleged crypto fraud schemes in industry history, has pleaded guilty in a U.S. federal court as authorities continue dismantling a network accused of funneling billions of dollars from investors worldwide.

World Cup predictions are not only a potential incremental entry point for Web3, but also a very suitable scenario for observing changes in wallets.

Jinse Finance launches its cryptocurrency and blockchain industry daily news report, "Jinse Morning 8," issue 3094, providing you with the latest and fastest news on the digital currency and blockchain industry.

The biggest problem with MSTR isn't how much BTC has fallen, nor is it whether Saylor's faith is strong enough. The real problem is: STRC has become unanchored.

In the future, if you let AI order a cup of milk tea, buy a service, or subscribe to a tool, AI can handle the entire process itself.

Jinse Finance launches the "Jinse Web3.0 Daily," providing you with the latest and fastest news on AI, DeFi, DAO, NFT, and the metaverse industry.