Metaplanet Issues $210 Million Zero-Interest Bonds to Buy BTC
According to Metaplanet's announcement, the company's board of directors has resolved to issue the 18th ordinary bond to EVO FUND, with an amount of $210 million, an interest rate of 0%, and all funds will be used to purchase Bitcoin. The bond will mature on December 12, 2025, and early redemption is also allowed.
Sources: Coinbase and Gemini to Obtain EU Crypto Licenses from Luxembourg and Malta
According to Reuters sources, Coinbase and Gemini are expected to obtain EU crypto licenses from Luxembourg and Malta, respectively, authorized to operate across 27 countries under the MiCA regulations. This has sparked regulatory divergence in Europe, with some countries skeptical of Malta's quick approval of OKX, Crypto.com, and Gemini, fearing a "regulatory race to the bottom". French AMF and ESMA officials have also expressed concerns about uneven enforcement. Meanwhile, Coinbase is expanding its small team in Luxembourg and strengthening compliance efforts.
Coinbase Product Head: On-Chain Lending Total Exceeds $400 Million
Coinbase Product Head Max Branzburg cited Dune data, stating that Coinbase users have lent over $400 million in USDT through on-chain mechanisms, with an annual interest rate of around 5%. The lending feature has grown rapidly within months of its launch. Max mentioned that users are using this feature to take loans with BTC as collateral, allowing them to raise funds without selling assets.
Middle East Tensions Drive Safe-Haven Buying, Gold Price Nears New High Just $50 Away
Gold prices moved closer to record highs 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 rose 0.6% to over $3,450 per ounce, about $50 away from the historical high set in April. The sudden rise in geopolitical risks added more momentum to gold prices, which were primarily driven by the threat to global economic growth from Trump's aggressive tariff agenda. Gold has risen over 30% in 2025, with central banks seeking to diversify away from the US dollar being another key driver.
Binance Adjusts Alpha Points Rules to Address ZKJ and KOGE Volatility
Binance officially stated that ZKJ and KOGE have recently experienced severe price volatility, with initial investigations finding this mainly due to large holders withdrawing on-chain liquidity and market liquidations. To maintain market fairness and stability and reduce systemic concentration risks, Binance has decided to optimize the Alpha Points calculation rules. From 00:00 UTC on June 17, 2025, trading volume between Alpha tokens will no longer be counted in Alpha Points statistics.
[Translation continues in the same manner for the rest of the text...]Bitcoin Magazine President David Bailey posted on X platform, stating that every time a company adds Bitcoin to its corporate treasury, it eliminates a traditional company without Bitcoin. Now, corporate liquidity is actually Bitcoin liquidity, and companies that do not join will face "death". In response, Blockstream co-founder and CEO Adam Back said that companies adopting the Bitcoin treasury strategy are eating the "lunch" of listed companies, and if you ignore the biggest arbitrage of this century, capital reallocation will leave you behind, which is really not an option.
According to Cointelegraph, the Vietnamese National Assembly approved the Digital Technology Industry Act on June 14th, bringing digital assets under regulation. The law is set to take effect on January 1st, 2026, recognizing crypto assets and laying the foundation for broader digital innovation nationwide. The act categorizes digital assets into two types: virtual assets and crypto assets, both of which rely on cryptographic or digital technology for verification and transfer, but exclude securities, digital legal tender, or other financial instruments. The regulatory bodies' task is to outline specific business conditions, classification, and supervision mechanisms for these asset types.
Former CSRC Vice Chairman Li Jiange: The US Dollar is Moving Towards Digital Dollar Exploration
According to Caixin, former Vice Chairman of the China Securities Regulatory Commission, Li Jiange, wrote that since the 20th century, the US dollar anchor has gone through four important developmental stages, from the early gold-backed dollar to the petrodollar, then to the US Treasury bond dollar, and now moving towards digital dollar exploration. He suggests deeply understanding the evolution of the dollar anchor and actively adjusting financial strategies. The US's overall approach to constructing the digital dollar system is to bring the previously unregulated digital currency ecosystem into a compliant regulatory framework, ensuring the industry's development aligns with US national interests. Each transformation is a strategic choice by the US to adapt to changes in international political and economic situations and maintain financial hegemony. For China, he recommends accelerating the internationalization of the renminbi, improving the financial market system, and promoting digital currency research and application.
"Ethereum 1C0 1 Million ETH Whale" Sells ETH Worth $5.03 Million in Past 24 Hours
According to @ai_9684xtpa monitoring, the "Ethereum 1C0 1 Million ETH Whale" has cumulatively deposited 15,790.6 ETH to OKX since May 26th, with a total value of $40.79 million, at a deposit price of $2,583, with costs as low as $0.31. In the past 24 hours, it sold ETH worth $5.03 million and currently holds 37,829 ETH.
A Whale Bought 8,500 ETH from CEX in Past 24 Hours
According to Onchain Lens monitoring, a whale withdrew/bought 8,500 ETH from Bitget in the past 24 hours, valued at $21.49 million.
ConsenSys Founder: Frequent ETH Discussions Due to Improved US Regulatory Environment
ConsenSys founder and Ethereum co-creator Joseph Robin responded to the community, saying that previously, he discussed ETH less frequently because former SEC Chairman Gary Gensler did not recommend public discussions, and regulators were investigating Ethereum and the decentralized ecosystem. However, the US regulatory environment has now improved, allowing more free speech. He has always been outspoken and hopes the community can clarify concerns about Ethereum, ConsenSys, and decentralized protocols to solve problems together.
Glassnode: Bitcoin's Upward Trend Unchanged Despite Market Cap Growth
Glassnode posted on X that although Bitcoin's market cap has grown significantly compared to the previous two cycles, the current cycle's development trend has not changed due to market cap increase, continuing the growth trend of the previous two cycles. Data shows Bitcoin rose 1,076% from 2015 to 2018, 1,007% from 2018 to 2022, and 656% from 2022 to date. This trend indicates that market demand growth remains synchronized with Bitcoin's mature development, which is also a sign that investors remain optimistic about Bitcoin.
According to Cointelegraph, despite increased geopolitical tensions after Israel's airstrikes on Iran, the Fear and Greed Index tracking overall crypto market sentiment remains in the "greed" zone. Bitcoin is approaching a retest of its all-time high of $111,970 set on May 22nd. Analysts suggest that Bitcoin currently seems unconcerned about the Israel-Iran conflict, with the price drop much smaller compared to last April's Iranian attack. Traders are confident that Bitcoin will maintain above the psychological level of $100,000. However, CoinGlass data shows that breaking below this level could risk liquidating over $1.74 billion in long positions.
