Since June, US crypto stocks have significantly outperformed the alt market, and crypto treasury companies have performed well.
On June 25th, the market showed that most US stock cryptocurrency concept stocks have seen significant gains since June. During the same period, the total market value of altcoins excluding Bitcoin (total2) has risen from 1.231 trillion US dollars at the beginning of the month to the current 1.304 trillion US dollars, with a 5.93% increase since June. The performance of altcoins this month has diverged from the cryptocurrency concept stocks. The following US stock cryptocurrency stocks have performed well:
Michael Saylor publishes BTC credit model to support risk and spread assessment
Michael Saylor tweeted that his team has developed a BTC credit model, which comprehensively considers loan term, collateral coverage ratio, BTC price, volatility, and expected annualized return, for generating statistical data on bitcoin risk and credit spreads. The model is now available on the official website for users to try online.
Nano Labs' U.S. stock rose 17.63% pre-market, with a market value of $185 million
Nano Labs' pre-market trading rose by 17.63%, with a market value of $185 million. Earlier news, NanoLabs announced today that it has raised $500 million through private placement of convertible bonds for BNB reserve strategy.
Trump warns Israel not to drop bombs
US President Trump told Israel, please do not drop those bombs. If you do, it will constitute a serious violation of the agreement. Immediately send your pilots home.
Binance: Users holding at least 248 Alpha Points can claim the first phase of DMC token airdrops
according to official sources, Binance will list DeLorean (DMC), with Alpha trading opening on June 24, 2025 at 19:00, and contract trading opening on June 24, 2025 at 21:00. Eligible Binance users can use Binance Alpha points to claim 4800 DMC tokens within 24 hours after trading begins on the Alpha activity page.Binance Alpha airdrop will be distributed in two phases: Phase one (first 18 hours): Users holding at least 248 Alpha points can claim. Phase two (last 6 hours): Users holding at least 210 Alpha points can participate in the second phase of the airdrop, first come first served, until the airdrop pool is exhausted or the activity ends.
xBTC Liquidity Pool and Incentives Now Available on NAVI Protocol
the Sui-chain DeFi project NAVI Protocol announced a partnership with OKX and launched the xBTC liquidity pool on the Sui network. Currently, the xBTC liquidity pool incentive measures have been launched on NAVI Protocol. More practical functions for xBTC on NAVI will be introduced later this week.
Binance: Codatta Pre-TGE will be launched at 19:00 on June 25
Binance announced that Codatta Pre-TGE will be launched on June 25, 2025 at 19:00.
Xiao Feng: Hong Kong's stablecoin license will not be limited to Hong Kong dollar stablecoins, and the deployment of the network can be decided by the issuer
HashKey Group Chairman Xiao Feng recently said in an interview with BlockBeats that after the stablecoin license application in Hong Kong is approved and issued, stablecoins of various currencies can be issued, not limited to Hong Kong dollar stablecoins. The blockchain network required for the deployment of stablecoins will be determined by the issuer, that is: it can be networks such as Ethereum, Solana, etc., or it can be a self-operated blockchain network.
Mastercard joins stablecoin alliance Global Dollar Network, adds support for PayPal and Fiserv tokens
according to Fortune, Mastercard announced joining the stablecoin alliance Global Dollar Network initiated by institutions such as Paxos, enabling the co-minting and sharing of interest income linked to the stablecoin USDG with US Treasury bonds. At the same time, Mastercard will also support PayPal's PYUSD and Fiserv's FIUSD stablecoins, and integrate them into the Mastercard Move cross-border payment network.
Nano Labs announces $500 million convertible note private placement for BNB strategic reserve
Nano Labs Ltd (NASDAQ code: NA) announced that it has signed convertible note subscription agreements with multiple investors, issuing a total of $5 billion in convertible notes. The notes have a term of 360 days, with no interest on the principal before maturity, and holders can choose to convert the notes into Class A common stock of the company within the term, at an initial conversion price of $20 per share.Nano Labs plans to initially acquire $10 billion worth of BNB through this financing and private placement, with a target of holding 5% to 10% of the total circulating supply of BNB in the long term.
WSJ: Trump administration is considering issuing an executive order to "destroy bank accounts"
according to WSJ report, sources revealed that JPMorgan Chase, Citigroup, and Wells Fargo responded to allegations of "debanking" during recent meetings with Republican state leaders. Sources said the Trump administration is considering issuing an executive order to "ban bank accounts."
Japan's Financial Services Agency considers incorporating crypto assets into the Financial Instruments and Exchange Act. Separate taxation and Bitcoin ETFs are expected to advance
according to CoinPost, the Japanese Financial Services Agency released a document today announcing that it will carefully consider transferring the regulation of cryptocurrency assets from the "Payment Services Act" to the framework of the "Financial Instruments and Exchange Act". If successfully implemented, cryptocurrency assets will be officially classified as financial products, with the related tax system expected to change from the highest 55% comprehensive taxation to around 20% separate taxation, and the ban on Bitcoin ETFs may be lifted, improving the investor access environment.
ING Bank: Dollar could fall further if Powell hints at rate cut
ING analyst Francesco Pesole stated in a report that if Federal Reserve Chairman Powell hints at further rate cuts when testifying before Congress tonight at 22:00, the dollar may further decline. He said that after Fed directors Bullard and Bowman supported an interest rate cut as early as July, Powell's hinting at a rate cut has increased the risk. The market may interpret any change in Powell's cautious attitude towards rate cuts as a sign that Trump's pressure for rate cuts has "broken through the Fed's independence shield." This could lead to a significant depreciation of the dollar.
South Korean listed company Bitmax purchased an additional 49.06 bitcoins, bringing its total holdings to 300.08 bitcoins
Bitmax, a listed company in South Korea (KOSDAQ: 377030), announced the addition of 49.06 bitcoins, bringing its total holdings to 300.08 bitcoins, making it the largest bitcoin holder among listed companies in South Korea. The company stated that it has completed the fundraising of 50 billion Korean won from the central bank and is in the process of raising an additional 50 billion Korean won to continue increasing its bitcoin holdings.
Aguila Trades closed 20 times of BTC long positions and made a profit of $1.348 million
according to on-chain analyst Onchain Lens (@OnchainLens), Aguila Trades closed a 20x long BTC position, making a profit of $1.348 million. And reopened a 20x long BTC position.
A whale transferred about $3.68 million of BMT to Binance, with a floating loss of $914,000
according to on-chain analyst Ai (@ai9684xtpa), a new address that accumulated 30 million BMT three months ago has recharged the remaining 26.34 million BMT into Binance half an hour ago, worth approximately 3.68 million US dollars. When the coins were withdrawn on March 22, 2025, the price was $0.1743 per coin. If sold this time, there would be a loss of 914,000 US dollars (recharge price $0.1396 per coin). At this point, the tokens in this address have been fully liquidated.
BTFS SCAN4.0 test network is officially launched
BTFS SCAN (testnet) has completed a comprehensive upgrade and officially launched version 4.0. The new version provides more accurate data metrics and a smoother user experience, supporting real-time monitoring of storage provider performance and network activities. Users can track daily distribution details of 750 million BTT and all on-chain transactions, and gain a panoramic insight into network stability and ecosystem development. This upgrade significantly improves data accessibility and network transparency, helping users better participate in the construction of the BTFS ecosystem.
BlackRock: Expect more DeepSeek moments in China’s tech sector
BlackRock believes that there may be more moments similar to DeepSeek in the fields of biotechnology, automation, and autonomous driving in China, reflecting its optimistic attitude towards further development of China's artificial intelligence industry. Lu Wenjie, investment strategist for BlackRock Greater China, said at a press conference on Tuesday that it is difficult to give an exact time, but the current environment is conducive for these technology companies to achieve very strong innovation.
Iran fired missiles at Israel after ceasefire took effect, Israeli Defense Minister has instructed the military to respond strongly
Israeli Defense Forces stated that shortly after the ceasefire took effect, the Israeli Defense Forces confirmed missiles launched from Iran towards Israeli territory.
Israeli Army Chief of Staff: In view of Iran's serious violation of the ceasefire agreement, we will strike with force
Chief of Staff of the Israeli Army: In view of Iran's serious violation of the ceasefire agreement, we will use force to strike.