Crypto Market Morning Report: June 10 Overnight Important Dynamics

21:00-7:00 Keywords: Fed, Loopring, OKX

1. Institutions: Fed's expectations of multiple rate cuts this year have been dashed;

2. Cyvers: Loopring's stolen assets have been exchanged for Ethereum;

3. OKX: "Exchange user assets stolen" is currently under investigation;

4. Paxos: USDL is now available to Argentine consumers through distribution partners;

5. Ki Young Ju: Bitcoin whales on HTX opened a large number of long positions at $69,000;

6. Loopring: Some smart wallets were attacked by vulnerabilities, and are working with law enforcement and security teams to track down the attackers;

7. ChatGPT-4o predicts: The June FOMC meeting rate cut or hint of a rate cut could push BTC to between $73,000 and $75,000 or higher.