BlackRock: It is recommended to allocate 2% of its portfolio to Bitcoin

South Korean exchange Upbit has announced that it will support USDC deposit and withdrawal services on the Solana network from 11:00 (KST) on June 20, 2025. Users need to obtain a new deposit address on the Solana network, and cannot use an existing Ethereum network address to deposit. The minimum deposit amount for Solana Network USDC is 3USDC, the minimum withdrawal amount is 0.7USDC, and the withdrawal fee is 0.7USDC.

According to PeckShield, the Abracadabra attackers transferred 3,000 ETH to Tornaodcash, worth around $7.60 million.

According to The Data Nerd, Arrington Capital withdrew a total of 2,489 ETH (~ $6.28 million) from Coinbase yesterday. Before that, he also pledged 8,480 ETH (~ $20.97 million) to Figment.

On June 19, former Scalar Capital Lianchuang and Coinbase product lead Linda Xie said on its X platform that she had suggested to Coinbase in late 2016/early 2017 that they launch their own dollar stablecoin and wrote a complete specification for it, but it was unsuccessful. "But big user ideas are cheap, and the key is execution, like the team that launched USDC was clearly successful and well timed."

Since June 19 (Thursday) is the Juneteenth of the United States, the US stock market is closed for one day, and normal trading will resume on June 20 (Friday). Trading in precious metals and US crude oil futures contracts under CME (CME) ended at 02:30 Beijing time on the 20th, and trading in stock index futures contracts ended at 01:00 Beijing time on the 20th. Trading in Brent crude oil futures contracts under Intercontinental Exchange (ICE) ended at 01:30 Beijing time on the 20th. (Jin Ten)

South Korean exchange Upbit announced that due to SEI's network upgrade, it will suspend SEI's deposit and withdrawal business from 18:00 (KST) on June 20, 2025 until the network upgrade is stable. During the suspension period, trading will not be affected, but users should pay attention to price fluctuations. The recovery time will be notified separately.

The U.S. Embassy in Qatar has issued an alert, temporarily restricting embassy personnel from entering the U.S. Al Udeid Air Base in Qatar (the largest U.S. military base in the Middle East), advising personnel in Qatar and U.S. citizens to "be on high alert". (Jin Ten)

President Trump tweeted again on social media: "Mr. Too Late" Powell is the worst, he is such a fool and is costing America billions of dollars! Trump also retweeted an article in which Fannie Mae and Freddie Mac regulators said: Powell should cut interest rates or resign.

On the morning of the 19th local time, the Israeli Home Garrison Command announced that missiles had been detected being fired from Iran towards Israel. The Home Garrison Command asked people to evacuate to shelters as soon as possible. Preliminary Israeli statistics show that this round of attacks was the largest round launched by Iran in 48 hours, using more than 20 missiles. It is reported that at least one missile landed in the central and southern areas of Israel, and there are no reports o...

According to Arkham monitoring, the address belonging to Abraxas Capital holds multiple short orders worth a total of $500 million in mainstream tokens. These include 10 times short BTC, ETH, SOL and SUI, worth $224 million, $163 million, $44 million and $560,000 respectively. According to statistics, these short orders have now surpassed $18 million.

Macquarie: It is now expected that the Federal Reserve will implement a 25 basis point interest rate cut in 2025 and another 25 basis point interest rate cut in 2026. Previously, it was predicted that the interest rate will be cut by 50 basis points in 2026. (Golden Ten)

Sol Strategies, a company listed on the Canadian Stock Exchange, filed an application with the Securities Exchange Commission to trade on Nasdaq under the ticker symbol "STKE". The company has been accumulating SOL as a financial asset and running the Solana validator.