Today's news tips:
VELO is listed on Binance Alpha. If you have 242 points, you can claim 5,000 VELO airdrops
Binance adjusts Alpha points rules to cope with sharp fluctuations in ZKJ and KOGE
OkX will delist 8 spot trading pairs including ALCX, NULS, MDT, BORA, etc. on June 20
AguilaTrades increases BTC position to $317 million, liquidation price is $101,426
Metaplanet purchased 1,112 bitcoins, and its BTC holdings increased to 10,000
Regulatory/Macro
ZachXBT, the chain detective, wrote another article to report that when testing XChat, he found that as long as the user turns on message reception, anyone can send files to them. He warned that if this function is fully launched, it may be used for malicious dissemination attacks, and suggested that the platform add a "file reception filter" setting (none, followers only, everyone). His previous suggestions on group chat permissions have been adopted by Elon Musk.
Paul Chan, Financial Secretary of the Hong Kong Special Administrative Region Government, recently wrote that with the booming digital asset market, the market demand for stablecoins is expected to increase further. Stablecoins can be used as a medium of exchange without being restricted by traditional payment time and location, and can also develop diversified innovative solutions with their programmable characteristics to automate and intelligentize financial service processes. Noting that many market participants are very interested in this, the Hong Kong Monetary Authority will process the license applications received as soon as possible after the Stablecoin Ordinance comes into effect so that qualified applicants can carry out their business.
Insider: Coinbase and Gemini will obtain EU crypto licenses from Luxembourg and Malta respectively
According to Reuters, citing people familiar with the matter, Coinbase and Gemini are expected to obtain EU crypto licenses from Luxembourg and Malta respectively, and be allowed to operate in 27 countries under MiCA regulations. This move has caused regulatory disagreements in Europe, with some countries skeptical of Malta's rapid approval of OKX, Crypto.com and Gemini, fearing a "regulatory race to the bottom." French AMF and ESMA officials also expressed concern about uneven law enforcement. At the same time, Coinbase is expanding its small team in Luxembourg and strengthening compliance investment.
Gold prices moved toward a record high on Monday as the escalating conflict between Israel and Iran prompted investors to turn to safe-haven assets. In early Asian trading on Monday, gold prices rose as much as 0.6% to above $3,450 an ounce, about $50 away from the all-time high set in April. The sudden rise in geopolitical risks has added more momentum to the rise in gold prices, which has been driven mainly by the threat to global economic growth from Trump's aggressive tariff agenda. Gold has risen more than 30% in 2025, with central banks seeking to diversify away from the dollar being another important driver.
Viewpoint
Lin Sheng, founder of "Ice Cream Assassin" Zhong Xue Gao, responded to netizens' questions about his experience in cryptocurrency trading during a live broadcast, saying that cryptocurrency trading was a huge mistake. He revealed that he had long recommended to his friends to try investing in cryptocurrencies such as Bitcoin, and as a result, all the people he recommended made a profit, but he himself has not held a single Bitcoin so far.
10x Research said that the overall market environment for Bitcoin is getting better. With rising oil prices, stable bond yields, and cautious signals from the Federal Reserve, Bitcoin's appeal is gradually increasing, and funds from some Altcoins (such as ADA, DOT) may be turning to Bitcoin. Currently, the price of Bitcoin fluctuates slightly around $106,000, and continued sideways trading may accumulate strength for future breakthroughs. On-chain data shows that as long as the price remains above $100,437, the adjustment is not expected to be too large. Although the neutral attitude of Federal Reserve Chairman Powell and seasonal factors may keep Bitcoin volatile in the short term, in the medium and long term, an important market signal has turned bullish, which may lay the foundation for Bitcoin's subsequent rise.
Project News
VELO is listed on Binance Alpha. If you reach 242 points, you can claim 5,000 VELO airdrops
According to official information, Velo Protocol (VELO) has been launched on the Binance Alpha platform. Eligible users must have at least 242 Binance Alpha points and can claim 5,000 VELO tokens on the Alpha Events page starting at 15:00 Beijing time on June 16. Claiming the airdrop will consume 15 Alpha points, and users must confirm the claim within 24 hours, otherwise it will be deemed as a waiver.
According to Binance's announcement, the platform has launched the second round of Solayer (LAYER) airdrops, with a total of 6 million LAYER issued, accounting for 0.6% of the total supply. This round of HODLer airdrops targets users who pledge BNB in Simple Earn or On-Chain Yields products from June 1 to 5, 2025. The total plan is to issue 18 million LAYER as HODLer rewards in three rounds, and the airdrops have been issued to eligible users' spot accounts. The remaining 12 million will be announced separately in the future.
Binance adjusts Alpha points rules to cope with sharp fluctuations in ZKJ and KOGE
Binance officially stated that ZKJ and KOGE have experienced drastic price fluctuations recently. Preliminary investigations found that this was mainly caused by large investors withdrawing on-chain liquidity and market liquidation. In order to maintain market fairness and stability and reduce systemic risks of concentration, Binance decided to optimize the Alpha Points calculation rules. From 00:00 UTC on June 17, 2025, the transaction volume between Alpha tokens will no longer be included in the Alpha Points statistics.
OkX will delist 8 spot trading pairs including ALCX, NULS, MDT, BORA, etc. on June 20
OKX announced that it will delist multiple spot trading pairs (USDT and USD trading pairs) including ALCX, NULS, MDT, BORA, CTXC, XNO, VENOM, and RADAR from 4:00 to 6:00 pm on June 20, 2025.
Important data
VELO fell 17.51% in a short period of time and is now quoted at $0.0103
According to Binance Alpha page, Velo token VELO fell 17.51% in a short period of time and is now quoted at $0.0103. Earlier news, VELO was listed on Binance Alpha, and 5,000 VELO airdrops can be claimed if the points reach 242.
According to SoSoValue data, from June 9 to 13, Eastern Time, Ethereum spot ETFs recorded net inflows of $528 million across the board, maintaining net inflows for five consecutive weeks. BlackRock's ETHA received $381 million in inflows in a single week, with a total inflow of $5.24 billion; Fidelity's FETH received $78.49 million in inflows, with a total of $1.59 billion. So far, the total assets of the nine ETFs have reached $10.03 billion, accounting for 3.26% of ETH's total market value.
Coinbase Product Manager: Coinbase on-chain lending total exceeds $400 million
Max Branzburg, head of product at Coinbase, cited Dune data and said that to date, Coinbase users have lent more than $400 million USDC through the on-chain mechanism, with an annualized interest rate of about 5%. The lending function has grown rapidly within a few months of its launch. Max mentioned that users are using this function to collateralize BTC and raise funds without reducing their holdings.
AguilaTrades increases BTC position to $317 million, liquidation price is $101,426
According to monitoring by Ember, after the BTC rebounded at noon, trader @AguilaTrades made a floating profit of $4.18 million, and then added 500 BTC to expand the total position to $317 million. Currently, his position is 20x leveraged long orders, holding 2,974 BTC, with an opening price of $105,305 and a liquidation price of $101,426, with a current floating profit of $4.18 million. Previously, he had expanded his position to $434 million by continuously adding positions, but lost $12.48 million after BTC pulled back.
Institutional holdings
MemeStrategy, a Hong Kong-listed company, announced that it has purchased 2,440 Solana (SOL) in the open market, with a transaction amount of approximately HK$2.9075 million, and the funds came from the company's internal resources. The announcement stated that Solana has the key value of decentralized applications, DeFi infrastructure and Web3 innovation. Previously, the company has changed its name to "MEMESTRATEGY (MemeStrategy)", and the stock code remains "2440", reflecting that its strategic focus is tilting towards the encryption and Web3 fields. After the announcement, MemeStrategy (HK2440) stock price rose by about 21%, now at HK$2.42 per share. It was previously reported that 9GAG Lianchuang announced the completion of the acquisition of Hong Kong-listed company Haoliang Technology Holdings, and plans to change its name to MemeStrategy and allocate Bitcoin.
Metaplanet purchased 1,112 bitcoins, and its BTC holdings increased to 10,000
According to Metaplanet's announcement, the company purchased 1,112 additional bitcoins at an average price of 15,182,668 yen per bitcoin for approximately 16.883 billion yen (approximately $111 million). After this increase, its total bitcoin holdings reached 10,000, with a cumulative purchase amount of approximately 139.152 billion yen and an average cost of 13,915,230 yen per bitcoin.
Coinsilium Group Limited, a UK-based listed blockchain company, announced that its wholly-owned subsidiary Forza Gibraltar Limited recently purchased 6.5577 bitcoins at an average price of £77,770.36 (approximately $105,572.30) per bitcoin, for a total of £510,000. As of now, Forza holds a total of 25.2392 bitcoins, with a total value of approximately £1,962,695.09 (approximately $2,662,609.40). All transactions are conducted in accordance with the company's Bitcoin reserve policy.
