OKX market data shows that BTC fell below 107,000 USDT and is now at 106,999.9 USDT, a 24-hour drop of 2.02%. (This newsletter is generated with the assistance of AI)

Odaily Planet Daily News: Sandeep, founder of Polygon and CEO of Polygon Foundation, said in a post on the X platform: When deciding to shut down the zkEVM chain, it was noted that it would affect other Agglayer CDK chains, such as: 1. All Agglayer chains built on Agglayer CDK are separated from zkEVM at the stack level. CDK originally used the zkEVM code base, but after a lot of optimization, it was converted into a stack that can be used to start other chains. Polygon is currently adding more stacks to Agglayer CDK; 2. Polygon will continue to promote CDK-Erigon and CDK-OpGeth, which have achieved a throughput of up to 7000 TPS and a block time of 250 milliseconds, and will launch more features later. Finally, for zkEVM, it makes no sense to invest Polygon resources in general chains. There are already too many general chains, so the best resources should be concentrated on an existing and more scalable blockchain.

Odaily Planet Daily News Mechanism Capital partner Andrew Kang posted on the X platform that companies adopting ETH treasury strategies may develop in the same way as Ethereum exchange-traded funds (ETH ETFs), with demand expectations far higher than reality, and most net asset values ​​are expected to be significantly discounted by next year. Andrew Kang also forwarded his Ethereum ETF impact analysis published in June 2024, which pointed out that unless Ethereum develops a convincing path to improve its economic conditions, it will be difficult to be bullish.

Odaily Planet Daily News Crypto wallet provider Privy responded to the acquisition by payment giant Stripe and said that Privy will continue to operate as an independent product, with more than 75 million accounts to date. In addition, this acquisition will not affect the continued support for developers built on Crypto Rails.

Odaily Planet Daily News: Mike McGlone, senior commodity strategist at Bloomberg, wrote on the X platform that a "key test" seems to be approaching whether Bitcoin will continue to rise. In early June, the annual volatility of Bitcoin against gold hit a new low, indicating that the market has matured, but it may also mean that the best appreciation cycle of cryptocurrencies is coming to an end.

Odaily Planet Daily News: Bitcoin Depot, a Bitcoin ATM and financial technology company listed on the Nasdaq, announced the acquisition of the assets of Bitcoin ATM operator Pelicoin, including the company's self-service terminals in Louisiana, Mississippi, Tennessee, Alabama and Texas in the United States. The specific acquisition amount has not been disclosed. It is reported that Pelicoin's ATM network will be fully integrated into the Bitcoin Depot platform in the next few weeks, and all equipment will be transitioned to the Bitcoin Depot brand. (Globenewswire)

1. Ministry of Foreign Affairs: We hope that the United States will work with China to implement the important consensus reached by the two heads of state during their phone call and give full play to the role of the China-US economic and trade consultation mechanism; 2. Ant Group will apply for stablecoin licenses in Hong Kong and Singapore; 3. Binance Alpha has launched PUNDI AI (PUNDIAI), and at least 237 Alpha points can be used to apply for airdrops; 4. A whale deposited 10 million USDC into HyperLiquid and opened a 10x leveraged ETH long order with a liquidation price of US$2,201; 5. Previously, the giant whale who recharged 10 million USDC to HyperLiquid to go long on ETH closed his position and bought 1,000 HYPE; 6. Tether CEO: Bitcoin is a "mathematical currency"; 7. Ant International responded to the application for a stablecoin license in Hong Kong: Submit as soon as possible after the relevant channels are opened; 8. Former Bank of Japan member Takako Masai: Trump's tariffs have stopped the Bank of Japan's interest rate hike cycle; 9. Trump will issue key parts of the US-UK trade agreement in a few days; 10. CryptoQuant: Stablecoin market value hits record high of $228 billion; 11. Upbit adds BingX as account verification service support exchange; 12. Binance Wallet exclusive TGE will launch SGC on June 13; 13. The Hong Kong Securities and Futures Commission recommends further restrictions on the use of misleading names to strengthen investor protection; 14. Bloomberg: Tencent plans to acquire Nexon, the developer of "DNF" and "MapleStory".

Ant International plans to secure stablecoin licenses in Singapore and Hong Kong, signaling a bold move into blockchain finance. source: https://coinpaprika.com/news/jack-ma-s-ant-international-sets-sights-on-stablecoin-licenses-in-asia

Affected by this, Hong Kong stocks of Ant concept stocks collectively rose in the afternoon, among which Yunfeng Financial rose by more than 98% at one point, Yaocai Securities Finance rose by more than 14%, and Ali Health and Ali Pictures rose by more than 4%.

12-6-2025 – Renowned market analyst Cyclop has predicted a dramatic surge for Bitcoin and altcoins, driven by an almost certain interest rate cut from the U. S. Federal Reserve this June 2025. With a 99 source: https://www.cointrackdaily.com/bitcoin-to-hit-130k-analyst-predicts-major-crypto-surge-on-fed-rate-cut-and-altseason-rally/

Donald Trump is preparing to implement crucial elements of a new US-UK trade agreement to reduce tariffs on British cars exported to the United States. source: https://www.cryptopolitan.com/trump-to-enact-key-parts-of-us-uk-trade-deal/

Shadow investing = supporting a competitor after missing out on an industry leader, usually to maintain exposure rather than based on a belief in differentiation.

In the global chess game of the encryption industry, the three cities are competing for industry discourse power and talent resources in different ways.

Binance has reopened its crypto services to users in Syria after the US lifted sanctions in May 2025. Syrians can now trade, send money, and access crypto tools using their local currency.

Two US senators have questioned Meta over possible stablecoin plans, asking for clear answers on its intentions. They raised concerns about privacy, competition, and Meta’s past failed attempt with Libra.

Retailers are increasingly in the crosshairs of cybercriminals—and not just during peak shopping seasons. With outdated access controls and vulnerable networks, many in the sector are finding themselves exposed to a rising wave of sophisticated attacks.

What are some of the most shocking crimes that North Korean hackers have committed? How much cryptocurrency have they stolen? Why is North Korea so good at hacking? Where does all the money go?

HTX, DeFi, SEC, DeFi in-depth research report: SEC new policy, from "innovation exemption" to "on-chain finance", DeFi summer may reappear Golden Finance, DeFi's new frontier of wealth has just started

Ant Group plans to apply for stablecoin licences in Hong Kong, Singapore, and Luxembourg as part of its global expansion. Its Whale platform already powers over $1 trillion in cross-border payments, and the company aims to support faster, regulated crypto transactions for businesses.

ASIC has banned Glenda Rogan for ten years after she allegedly misused $9.6 million in client funds, directing them to "Financial Centre," a UK platform on ASIC’s blacklist. Clients were misled to believe their money was going into safe, fixed-interest accounts, but it was instead funnelled into a risky crypto scheme.