On June 29th, the encrypted wallet supplier OneKey released a statement on its X community stating that it has never instigated, organized, or controlled any KOL or users in any form to launch public opinion attacks on Curve or any project. In response to the malicious accusations and untrue remarks spread by some individuals on current social platforms, OneKey will pursue legal action and will not tolerate it. In addition, founder Mr. Yishi participated in investment activities solely in a personal capacity, which is his personal behavior, and no official resources of OneKey were involved in the project. At the same time, all products of OneKey are open-source designed, without backdoors, and have been fully audited by professional security teams such as SlowMist. Earlier, OneKey founder Yishi spoke out against Curve to demand a fair solution to the Resupply vulnerability incident, and then Yishi was banned from Resupply and received racially insulting messages in private.

research report of CITIC Construction Investment stated that the regulatory policy of stablecoins in Hong Kong continues to break through. The "Hong Kong Digital Asset Development Policy Declaration 2.0" has been officially issued, marking that the digital asset market in Hong Kong has officially entered the "implementation and promotion" stage from the "experimental plan" stage; securities firms are laying out virtual asset trading services market, which may trigger a wave of license upgrades. The digital asset era is expected to accelerate its comprehensive opening. Stablecoins, RWAs, and other digital asset formats are expected to accelerate the vigorous development of a new stage.

according to Financial News, Minsheng Securities released a research report stating that at least in the short term, stablecoins cannot save the credit of the US dollar from crisis. The problem with the US dollar lies in understanding the counterparties, without considering the preferences of the US domestic and private sectors. Just the official reserves overseas may be enough to make the US dollar nervous. The difference between stablecoins and gold is that, first, its supply may also be out of control, lacking an objective restraint mechanism; second, it is not globally recognized as a reliable reserve asset.

according to on-chain analyst Onchain Lens monitoring, James Wyn has closed his 40x short position in Bitcoin, losing $3015.97, and then opened a 40x long position in Bitcoin.

according to the website of the American "Newsweek" on June 28, the latest poll by "Newsweek" shows that the approval rating of US President Trump has dropped to a historic low. The survey shows that 43% of Americans are currently satisfied with Trump's performance, while 53% are dissatisfied, with a net approval rating of -10%. The report said that this was a 3 percentage point drop from the previous day, when his net approval rating was -7%. This is also his lowest net approval rating since April 29. According to reports, Trump's poll numbers initially plummeted after he announced "Liberation Day" tariffs in April this year. Although his approval rating quickly rebounded, his recent actions seem to have reignited public dissatisfaction with the White House. This includes his decision to deploy the National Guard and Marines to Los Angeles to suppress protests, as well as ordering airstrikes on three nuclear facilities in Iran last weekend - a majority of voters oppose the airstrikes. Since then, surveys show that Trump's approval rating has dropped to a record low. The report pointed out that several other polls also show that Trump's approval rating has dropped to a new low since his second term. The latest poll conducted by the Yugo Survey Company/The Economist from June 20 to 23 on 1590 adults showed Trump's net approval rating at -14%. Similarly, a new poll conducted by the Red-bellied Gray Finch Group on 1223 adults from June 17 to 20 showed his net approval rating at -13%. The latest polls by Ipsos Group/Reuters and the American Research Group also show that Trump's net approval rating has hit a new low in his second term. (Global Times)

The innovative structure of the ETF allows it to bypass standard regulatory filings, potentially paving the way for crypto-based yield products in traditional finance. ETF analysts Eric Balchunas and James Seyffart highlighted REX's unique c-corp model, which has received approval from the SEC. ETF Store president Nate Geraci stated that the agency is now comfortable with the fund's structure. Balchunas mentioned that the updated prospectus indicates an imminent launch of the first-ever staked crypto ETF offering exposure to Solana and on-chain staking rewards. The demand for ETFs that generate yield is increasing, with industry leaders recognizing the importance of staking in crypto ETFs.

While many cryptocurrencies are driven by hype, only a few are actually making tangible progress. BlockDAG stands out as one of these exceptional projects, having raised over $325 million, sold 23.3 billion coins, delivered more than 18,000 ASIC miners, and attracted 2 million users to the X1 App. The project is showing promising signs of long-term growth, with plans for a 100 million coin airdrop and an upcoming sponsorship campaign in the U.S. BlockDAG's strength lies not only in coin pricing but also in establishing a strong infrastructure, including a no-code dApp builder on the live testnet. The platform's EVM compatibility and low-code contract creator suggest significant potential for future use, aiming to reach over 1,000 dApps by 2026. BlockDAG's structured approach, including the $100 million airdrop and planned U.S. expansion through sponsorship, demonstrates a strategic roadmap focused on ecosystem growth and community engagement. The project's meticulous six-week launch plan leading up to the Q4 2025 listing shows a commitment to clear direction and careful execution, setting it apart from other crypto projects. By combining elements from leading networks like Bitcoin's Proof of Work security, Kaspa's DAG structure for high transaction speeds, and Ethereum's smart contracts with EVM support, BlockDAG offers a powerful, fast, and flexible platform for users. With an increasing number of holders, builders, and active community members, BlockDAG is gaining traction in the global market through its real products, advanced technology, and targeted marketing efforts.

Michael Saylor, CEO of Strategy (formerly MicroStrategy), once again released information about the Bitcoin Tracker on X platform. This time he wrote: "21 years later, you will wish you bought more." Usually, the day after he releases information about the Bitcoin Tracker, he will disclose Strategy's Bitcoin holdings data.

according to @pandajackson42 data panel, on June 28th, Binance Alpha trading volume recorded 469 million US dollars, still at a low level.

10x Research released a report stating that its return model indicates that although Coinbase's stock price trend is strong, its valuation is too high. The report also analyzed the reasons for Coinbase's rise:

whale trader James Wynn tweeted a screenshot of his 40x Bitcoin short position, holding a total of 13.91 Bitcoins with a total value of approximately 1.49 million US dollars, currently floating profit of about 1124 US dollars.

REX Shares, an ETF provider, has responded to feedback from the US Securities and Exchange Commission and is set to launch the first-ever Solana staking exchange-traded fund soon, according to analysts. Analyst Eric Balchunas mentioned that Rex has updated its prospectus and is on track for an imminent launch. The SEC seems to be comfortable with the unique ETF structure of REX Shares, including its c-corp business structure, which was previously questioned. The way REX Shares structured their Solana staking ETF proposal is considered very rare in the ETF world, bypassing the standard filing process. Analysts believe that the SEC's comments have been addressed, with REX Shares confirming that they are ready to launch the staked crypto ETF in the US.

Minsheng Securities released a research report stating that stablecoins may not save the US dollar credit from fire and water in the short term at least. The difference between stablecoins and gold is that, first, their supply may also get out of control, lacking an objective constraint mechanism; second, they are not globally recognized as reliable reserve assets. The main view of Minsheng Securities is that the growth of stablecoin market value mainly comes from the speculative, investment, or hedging demand for digital assets, as well as the increasing demand for participating in international trade settlement. Perhaps time can solve the problem, but at least in recent years, stablecoins have not truly stabilized the US dollar.

China Galaxy Securities released the outlook for major asset classes in the second half of 2025: (1) Gold: COMEX gold prices may steadily break through $3300 per ounce, with the possibility of even impacting $3500 per ounce in extreme risk scenarios. (2) Crude oil: If geopolitical tensions continue to escalate in the third quarter, along with transportation bottlenecks and the seasonal peak demand impact, it is not ruled out that WTI oil prices could reach $75 per barrel; in the fourth quarter, as demand weakens and OPEC+ resumes increasing supply, WTI oil prices are expected to return to around $60 per barrel.

Shinpei Okuno, the head of strategy at Metaplanet Capital, clarified on X platform that the company never intended to borrow money from banks from the beginning, as no bank would provide loans using Bitcoin as collateral. At the same time, Metaplanet's financial operation method does not generate cash flow risk (i.e. the risk of having to sell Bitcoin), but depends on the daily price of Bitcoin (hence, equity financing is currently the main source of funds for the company).

 Li Bo, Vice President of the International Monetary Fund (IMF) and former Deputy Governor of the Central Bank, stated today during the summer Davos that there are currently a large number of experiments and explorations in digital currency or stablecoin regulation worldwide. Whether in the United States, Europe, or Asia, many countries are working to establish appropriate legal and regulatory frameworks for stablecoins, but there are still many issues to be resolved. In this process, two core issues are particularly crucial: first, whether stablecoins belong to currency or financial assets? Because the legal and regulatory requirements for the two are completely different; second, if stablecoins are classified as currency, what level of currency do they belong to? Is it broad money M2, or cash-like M0? Different categories of currency require different regulatory systems, including the construction of mechanisms such as anti-money laundering.

a survey conducted by the investment management company of French Foreign Trade Bank showed that the US Treasury market turmoil has become the primary risk. 85% of the interviewed strategists believed that this is a moderately to highly concerning issue. Two-thirds (62%) of European strategists believe that US Treasury investments are no longer as safe as they used to be, while only one-quarter (24%) of US strategists share the same view.

according to the official announcement, Binance Wallet will launch Codatta TGE, with a subscription time from 19:00 to 21:00 on June 25, 2025 (Beijing time). Users with Alpha points greater than or equal to 218 can participate in this Pre-TGE activity through the Alpha activity page. Participating in this activity will consume 10 points.