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According to Jinshi reports, Deutsche Bank's interest rate strategists have revised their year-end forecasts for the two-year and ten-year U.S. Treasury yields. The latest forecast indicates that the two-year U.S. Treasury yield will reach 4.3% by the end of the year, which is 35 basis points higher than the previous forecast; the ten-year U.S. Treasury yield forecast has been raised to 4.8%, an increase of 10 basis points from the earlier prediction. This revision reflects Deutsche Bank economists' latest outlook that the Federal Reserve will raise interest rates twice this year, with each increase being 25 basis points.

According to the latest data from the Gate platform, semiconductor leader SK Hynix reached a maximum of $1779.9 during intraday trading today, with a minimum of $1655, currently reported at $1718.8, with an intraday increase of 0.21%. According to CoinGlass data, the contract position amount for Gate SK Hynix (SKHYNIX) exceeds $23,007,200, with a 24-hour contract trading volume of $42,349,300, ranking among the top in the industry for both position size and trading volume.

Binance will launch trading pairs for bStocks Lumentum (LITEB), Meta (METAB), Microsoft (MSFTB), Palantir (PLTRB), and Invesco QQQ Trust (QQQB) on June 30, 2026, at 21:30. The trading pairs will be LITEB/USDT, METAB/USDT, MSFTB/USDT, PLTRB/USDT, and QQQB/USDT, with zero maker fees during the event, ending on September 1, 2026, at 07:59. Deposit and withdrawal services will open on the same day at 22:30.

According to on-chain data monitored by Catcher Predict, significant capital movements are predicted in the Polymarket market. A large whale sold $56,402.15 in a single transaction targeting "Morocco" in the "World Cup Champion" event. Based on the current transaction price, the latest corresponding winning probability for this target is 96.2%.

According to SoSoValue data, Bitcoin spot ETFs saw a total net outflow of $231 million yesterday (Eastern Time June 29). The Bitcoin spot ETF with the highest net inflow for the day was the Ark Invest and 21Shares ETF ARKB, with a net inflow of $49.969 million, bringing ARKB's historical total net inflow to $1.209 billion. Following that was the Grayscale ETF GBTC, with a net inflow of $35.1026 million, and currently, GBTC's historical total net outflow has reached $27.108 billion.The Bitcoin spot ETF with the highest net outflow for the day was the Blackrock ETF IBIT, which had a net outflow of $300 million, and currently, IBIT's historical total net inflow has reached $60.466 billion. As of the time of this report, the total net asset value of Bitcoin spot ETFs is $73.19 billion, with an ETF net asset ratio (market value relative to Bitcoin's total market value) of 6.05%, and the historical cumulative net inflow has reached $51.375 billion.

According to SoSoValue data, the Ethereum spot ETF had a total net outflow of $30.043 million yesterday (Eastern Time, June 29). The Ethereum spot ETF with the highest single-day net inflow yesterday was Blackrock ETF ETHA, with a single-day net inflow of $5.8693 million, and the historical total net inflow for ETHA has reached $11.086 billion. The second was Fidelity ETF FETH, with a single-day net inflow of $5.252 million, and the historical total net inflow for FETH has reached $2.113 billion.The Ethereum spot ETF with the highest single-day net outflow yesterday was Blackrock Staked ETH ETF ETHB, with a single-day net outflow of $37.549 million, and the historical total net inflow for ETHB has reached $520 million. As of the time of writing, the total net asset value of Ethereum spot ETFs is $8.594 billion, and the ETF net asset ratio (market value as a percentage of Ethereum's total market value) is 4.4%, with a historical cumulative net inflow of $10.873 billion.

CryptoQuant analyst Darkfost stated that about 84% of altcoin trading prices on Binance have fallen below the 200-day moving average, a situation that has persisted for nearly eight months, marking the second longest period of weakness since 2020, only behind the previous bear market's record of about ten months.The Total 3 index, which tracks the market capitalization of altcoins excluding Ethereum, continues to decline and has confirmed a weekly close below the 200-day moving average. Darkfost pointed out that altcoins have maintained a high correlation with Bitcoin prices during this cycle. Although the current weakness confirms a downward trend, historically, such periods usually provide mid-term opportunities, but this time requires stricter asset screening than before.

The semiconductor research institution SemiAnalysis has released a latest analysis indicating that Changxin Memory Technologies (CXMT) has clearly become the world's fourth largest DRAM manufacturer. Although its production capacity and cash flow are continuously growing, the institution believes that Changxin Memory still faces multiple challenges in equipment, technology, and market, and will not end the current storage "super cycle" in the short term.In terms of specific challenges, export controls on advanced semiconductor manufacturing equipment (such as EUV, advanced etching, and TSV tools) severely restrict Changxin's expansion into more advanced processes and high bandwidth memory (HBM) fields; although domestic equipment (such as Zhongwei Company, Northern Huachuang, etc.) has alleviated some pressure, it cannot fully resolve the integration and yield bottlenecks across multiple process links, resulting in its technology still lagging behind leading manufacturers by several generations. Additionally, Changxin's market share is currently still highly concentrated in the Chinese domestic market, with global expansion limited by geopolitical factors and customers' willingness to diversify their supply chains.In response to market concerns that Changxin might "impact the global market with cheap chips," SemiAnalysis clarified that there is currently a severe structural shortage in the DRAM market, and the increase in Changxin's production capacity may even struggle to fully meet domestic demand in China. In fact, the prices of Chinese memory chips are also soaring significantly, in line with the global upward trend, and Changxin is similarly a beneficiary of the shortage premium. Therefore, Changxin Memory should be viewed as a long-term structural competitive force, and in the current context of accelerated AI demand and constrained supply, it cannot shake the fundamental super cycle dominated by leading manufacturers in the short term.

DefiLlama data shows that in the past week, the income returned to token holders from DeFi protocols was mainly concentrated in a few projects, with the top ten protocols accounting for over 80% in total.Among them, Hyperliquid ranked first with approximately $12.3 million, accounting for about 43.9%; Pump ranked second with about $3.5 million, accounting for about 12.6%; protocols such as Aerodrome, Uniswap, and Chainlink also made it to the top. Holders Revenue refers to the value returned to token holders through methods such as token buybacks, burns, or distributions to stakers.

According to Bits.media citing data from the European Securities and Markets Authority (ESMA), as of June 29, 244 companies in the EU have obtained MiCA crypto licenses, with Germany leading with 57 companies (about 23%), followed by France with 26 companies (about 11%). Greece, Hungary, Poland, Portugal, and Romania have not issued any MiCA licenses, and Poland has yet to establish a licensing system for crypto exchanges, with related legislation having been vetoed by the president three times.Germany, France, and the Netherlands (along with Luxembourg and Ireland) account for about 72% of the EU's financial assets, which is also why MiCA licenses are highly concentrated in these countries. France has recently accelerated its approval process, issuing 5 licenses in the week from June 18 to 22, nearly half of the total 11 issued in the EU during the same period. MiCA requires crypto companies to obtain a license in at least one EU country by July 1 in order to legally serve the markets of the 27 countries; those without a license must cease operations in the EU.

According to Coinglass data, the current whale holdings on the Hyperliquid platform amount to $4.307 billion, with long positions totaling $2.117 billion, accounting for 49.15% of the holdings, and short positions totaling $2.19 billion, accounting for 50.85% of the holdings. The profit and loss for long positions is -$158 million, while the profit and loss for short positions is $37.4564 million.Among them, the whale address 0x082e..88 has taken a 5x leveraged long position on HYPE at a price of $38.6755, currently showing an unrealized profit and loss of $3.82236 million.

According to Reuters, GameStop (GME) stated that despite eBay (EBAY) rejecting its acquisition offer of approximately $56 billion in cash and stock in May, the company will continue to push forward with the acquisition plan and will soon release detailed strategic logic and operational integration plans. GameStop CEO Ryan Cohen previously argued that the reason for acquiring eBay is that the merged company would become a stronger competitor to Amazon.Meanwhile, GameStop disclosed that the adjusted EBITDA for the fiscal year 2026 is expected to exceed $600 million, a significant increase from $345.4 million in the fiscal year 2025.

According to Bits.media, Fidan Tofidi, the head of the Financial Technology and Innovation Department of the Central Bank of Azerbaijan, stated that the regulatory bill for the country's virtual asset market has been drafted and submitted for review, with formal legislation expected within the year. The bill requires all companies engaged in cryptocurrency asset business to obtain a license issued by the central bank, and unauthorized operations within the country are prohibited. Licensed institutions will be subject to ongoing supervision. The regulatory framework will cover compliance requirements such as anti-money laundering, counter-terrorism financing, and customer identity verification (KYC), and will be incorporated into Azerbaijan's financial market development strategy for 2027-2030.

According to The Block, the UK's Financial Conduct Authority (FCA) finalized a comprehensive crypto regulatory framework on Tuesday, with a mandatory licensing regime set to take effect on October 25, 2027. The framework covers prudential requirements, market abuse regulation, and stablecoin standards, applicable to crypto trading platforms, custodians, stablecoin issuers, lending and staking service providers, as well as some DeFi companies with identifiable controlling entities.Businesses can apply for authorization between September 30, 2026, and February 28, 2027, and existing anti-money laundering registrations will not automatically convert. Regarding trading platform rules, the FCA requires UK-qualified crypto asset trading platforms to conduct due diligence, meet entry standards, and publish disclosure documents, while removing the previous exemption that allowed fungible crypto assets to be listed without disclosure documents. Market abuse rules cover insider trading and market manipulation.For stablecoins, the FCA has removed the obligation to forecast the redemption of reserve assets, allowed limited group internal custody arrangements, and reduced the K-SII capital ratio for stablecoin issuance from 2% to 1%. Crypto assets on qualified platforms will be subject to a unified 40% net risk exposure requirement and a 40% counterparty default volatility adjustment. FCA's Director of Payments and Digital Finance, David Geale, stated that the framework is an important milestone for crypto regulation in the UK, providing regulatory certainty while allowing businesses to maintain innovation space.

According to on-chain data monitored by Catcher Predict, significant capital movements are predicted in the Polymarket market. A large whale has made a single purchase of $284,490 on the "Germany vs. Paraguay - More Markets" event, targeting the "Advancing Team." Based on the current transaction price, the latest corresponding winning probability for this target is 87%.

According to Jinshi reports, NVIDIA announced that Anthropic's Claude series models are now available on Microsoft's Azure NVIDIA GB300 Blackwell Ultra platform.

According to The Block, Binance founder Zhao Changpeng stated that the MiCA license application submitted by Binance in Greece fully complied with regulatory requirements and was close to approval before being withdrawn, but ultimately the process was interrupted due to "external political factors."In an interview, Zhao Changpeng mentioned that several countries within the EU had expressed interest in the license, and there was even a certain degree of "competitive pursuit," but the regulatory progress was ultimately affected by non-regulatory factors, forcing the application to be withdrawn. Binance officially withdrew its application in Greece last week and stated that it would turn to other EU member states to continue pursuing MiCA authorization.In response to market rumors regarding his connections with high-level EU politicians, Zhao Changpeng stated that he had not seen any verifiable documents and only saw similar claims online, which he did not confirm. Zhao Changpeng also pointed out that the EU MiCA transition period will officially end on July 1, at which time platforms that have not obtained licenses must cease related services. Regulatory agencies in various countries have made it clear that they will not postpone enforcement, and they evaluate this outcome as a "lose-lose situation," using the regulatory processes in Japan and Singapore as examples to emphasize that compliance processes often require a longer period.Additionally, when discussing Strategy's STRC preferred stock product, Zhao Changpeng stated that its structure is "too complex" and expressed difficulty in fully understanding its mechanism, but emphasized that he does not comment on the credibility of its founder Michael Saylor, considering him a "staunch supporter of Bitcoin."

According to CoinDesk, blockchain analysis company Chainalysis has released a new methodological proposal aimed at establishing a unified on-chain fund tracking standard framework for law enforcement agencies and investigators, to identify address clusters and determine their possible control relationships.The proposal defines the on-chain analysis structure in the form of "ontology," focusing on systematically breaking down the currently unstandardized concept of "cluster" in the industry into wallet segments and functional roles, and describing on-chain relationships through a two-layer structure: the first layer defines the transaction graph structure, and the second layer assesses inference confidence.Chainalysis stated that the framework aims to enhance the interpretability and legal applicability of on-chain forensic methods, and is designed and validated based on its practical experience in relevant cases within the U.S. Department of Justice, including the analytical application in the mixing service Bitcoin Fog case.The company's Chief Scientist Jacob Illum pointed out that the goal of the proposal is to answer "on what evidence basis can these addresses be considered to belong to the same entity," while emphasizing that on-chain analysis itself cannot directly identify the ultimate user identity and still requires legal investigative methods combined with centralized entities such as exchanges.Chainalysis indicated that the standard proposal is currently open for discussion within the industry, hoping to promote the formation of more unified technical specifications for on-chain analysis methods in the fields of law enforcement and compliance.