The combined market value of the "Big Three" of the U.S. stock market, Nvidia, Microsoft, and Apple, has exceeded $10 trillion for the first time in history. The market value of the three companies is above $3.2 trillion. Since the beginning of this year, Nvidia, Apple, and Microsoft have risen by 175%, 12%, and 19% respectively. Sun Ge and MicroStrategy have increased their holdings again.

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Singapore's updated anti-money laundering national risk assessment highlights significant risks in the anti-money laundering sector, especially in the financial sector, where digital payment token (DPT) service providers pose greater vulnerabilities. The 126-page report points to new risk areas that were not included in the previous report released in 2014, including virtual asset service providers and gemstone and precious metal dealers. Fox reporter Eleanor Terrett said that in Kraken's hearing on the U.S. Securities and Exchange Commission (SEC)'s motion to dismiss, the SEC insisted on its "ecosystem" point of view to show that digital asset buyers are "buying something." Relevant industry insiders said that as with the Coinbase case, the threshold for the SEC to prove that they have at least some reasonable legal basis to continue to sue Kraken is very low. Kraken lawyers refuted the SEC's claim that it is a securities "ecosystem", saying that it should not be treated specially. The judge has not yet made a final ruling, but indicated his inclination at the hearing, saying that the discovery phase will be completed within a year. At the Citi Digital Currency Seminar, Citi's new Citi Integrated Digital Asset Platform CIDAP, which serves the entire group, was released. Citibank is involved in multiple digital currency and tokenization projects. Regulatory documents show that Musk's planned payment service XPayments does not include cryptocurrencies. According to Tagus Capital data, stablecoin issuers currently hold more than $120 billion in U.S. Treasury bonds, making them the 18th largest holder of U.S. Treasury bonds in the world, surpassing major account surplus countries such as Germany and South Korea. Tether CEO Paolo Ardoino said that Tether has now become one of the world's three largest short-term U.S. Treasury bond holders.

ETF analyst James Seyffart said that Bitwise released a funny ETH advertisement, which may hint at the launch of related ETFs. The advertisement said: Unlike large financial institutions, ETH will not go off work at 4 pm. Bank of America's report shows that young wealthy people favor cryptocurrencies and alternative investments, which is different from the traditional focus of the older generation. The bank said that in fact, the most conservative groups have the highest average holdings of cryptocurrencies. Analyst Tedtalksmacro said that BTC prices are closely related to Fed liquidity. Although BTC fell by about 3.2% in June, it is expected that prices may rebound by the end of this month based on the impact of Fed liquidity conditions on BTC/USD. At the same time, BTCETF is waiting for the inflow of funds from the US Wirehouse, and a new wave of institutional investors' interest in BTC is expected in the third quarter. The document shows that Nvidia CEO Huang Renxun applied to sell 120,000 shares of Nvidia stock, worth $16.3 million. On June 20, Grayscale GBTC had a net outflow of $53 million ◇ Grayscale GBTC holdings fell below the 280,000 BTC mark, at 279,330.4741 BTC. The gap between Grayscale and BlackRock's BTC holdings has widened to 25,269.7822 BTC, with BlackRock IBIT holding 305,591.5969 BTC. MicroStrategy purchased 11,931 BTC at a price of $65,883, worth about $786 million. As of June 20, 2024, MSTR holds 226,331 BTC. According to Spot OnChain data, Justin Sun's address increased its holdings by 9,338 ETH on June 21. Justin Sun currently holds a total of about 700,000 ETH, of which 390,000 were purchased from the end of last year to the end of April this year.

Arthur Hayes, co-founder of BitMEx, said that Norinchukin Bank, the fifth largest bank in Japan, recently announced that it would sell US$63 billion worth of US and European bonds, and other Japanese banks may follow suit, selling a total of up to US$450 billion in US bonds. Hayes believes that in order to maintain the current US dollar-based financial system, the supply of US dollars must increase. If the Federal Reserve prints money on a large scale to buy back the US bonds sold by Japan, it will bring a new round of US dollar liquidity to the cryptocurrency market and boost a new round of cryptocurrency bull market. Lin, head of Deribit, said that the reference BTC ETF fell for two weeks after it went online before officially entering the rising channel. It is highly likely that the ETH ETF will also rise in the short term and then fall back after it goes online. The combined market value of the "Big Three" of the US stock market, Nvidia, Microsoft, and Apple, has exceeded US$10 trillion for the first time in history. The market value of the three companies is above US$3.2 trillion. Since the beginning of this year, Nvidia, Apple, and Microsoft have risen by 175%, 12%, and 19%, respectively. Fed's Barkin said the Fed needs to further clarify the inflation path before it can cut interest rates. After the first rate cut, data will determine further measures. Fed's Goolsbee: If we see more good inflation reports, we can cut interest rates. It is not necessary for inflation to reach 2% to cut interest rates. JPMorgan Chase said that the reduction of short selling and short covering is a factor driving the rise of US stocks, forming a "steady support flow". Barclays Bank said: The "Goldilocks" narrative of global stocks remains intact because the mid-cycle rate cut has a mild stimulus effect on the economy. Bank of America data showed that technology funds had weekly inflows of $8.7 billion, a record high; growth funds had net inflows of $11.9 billion last week, a record high; investors withdrew $300 million from the gold market, $400 million from the cryptocurrency market, and $15.8 billion from cash last week; investors invested $25.6 billion in the stock market last week, the largest inflow since March. The so-called "sickles" are also judging the bottom. Sun Ge chose to increase his holdings when ETH fell to around 3,000 last time, and recently chose to increase his holdings when it fell below 3,500. MicroStrategy has repeatedly increased its holdings of BTC near $65,000. These two large sickles often enter the market when the price falls.Brother Sun has repeatedly chosen the secondary bottom. Last time he entered the market at 3000, then it dropped to 2800, and rose to 3900 half a month later. I hope that this time the two sickles will still accurately judge the bottom. Have more rest on weekends. #美联储何时降息？ #MegadropLista #币安HODLer空投