Daily news (selected)

[Policy news]

1. The probability of the Fed cutting interest rates in June is 1.3% (interest rate decision time: 2:00 am on June 13)

2. South Korea's new law requires crypto deposits to pay interest

3. Turkey considers imposing capital gains tax on stocks and crypto assets

4. The Thai Securities Commission approved the first local Bitcoin spot ETF

[Macro news]

1. Wednesday: 20:15 US ADP employment in May. 21:45 US S&P Global Services PMI final value in May.

2. The number of job vacancies in the United States fell to the lowest level in three years in April; factory orders grew for the third consecutive month; expectations for rate cuts rose, and US Treasury bonds closed down 3BP.

3. It is reported that Hamas leaders have expressed their unwillingness to accept new Gaza ceasefire agreement proposals.

4. ChatGPT crashed again in the early morning and seems to have not yet recovered from the previous "major failure". Musk's Starship aims to conduct a fourth test flight tomorrow night.

[Coin circle news]

1. The US Bitcoin spot ETF had a net inflow of US$887 million yesterday. The total market value of holdings on nine US spot Bitcoin ETFs exceeded US$60 billion, setting a record high.

2. Global Web3 financing totaled US$917 million in May, and Farcaster was valued at US$1 billion

3. BlackRock and Citadel Securities plan to launch a new national stock exchange in Texas

4. Qatar's sovereign wealth fund has agreed to purchase a 10% stake in China Asset Management

5. Uniswap issued a statement saying it is ready for a super event, and UNI rose more than 20% during the day.

6. FTX: Plans to pay more than US$200 million in taxes to the IRS, not US$24 billion

7. Fidelity: Bitcoin has entered a more mature adoption stage, and it is recommended to allocate less assets to Bitcoin.

8. El Salvador currently owns 5,770 bitcoins, with a value of more than US$400 million