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On June 17, multiple Middle Eastern media outlets, including Al-Arabiya, Iran's Fars News Agency, and the Lebanese National News Agency, reported that Israel has once again conducted drone strikes on the town of Ansariyeh in southern Lebanon. Israel also carried out attacks in the Nabatiyeh region of southern Lebanon. Iran had previously issued a warning that if the Israeli military does not cease its actions in southern Lebanon, it must be prepared to face a severe response from Iran's powerful armed forces.

[Report: Israeli Drone Strikes Again in Southern Lebanon Town]On June 17, multiple Middle Eastern media outlets, including Al-Arabiya, Iran's Fars News Agency, and the Lebanese National News Agency, reported that Israel has once again conducted drone strikes on the town of Ansariyeh in southern Lebanon. Israel also carried out attacks in the Nabatiyeh region of southern Lebanon. Iran had previously issued a warning that if the Israeli military does not cease its actions in southern Lebanon, it must be prepared to face a severe response from Iran's powerful armed forces.

Report: Israeli Drone Strikes Again in Southern Lebanon Town

On June 17, Bloomberg reported that the U.S. Congress has reached an agreement on the largest housing bill in decades, ending a months-long stalemate between the House of Representatives and the Senate. The bill includes a provision requiring the Federal Reserve to suspend the issuance of central bank digital currency (CBDC) before 2030.

[U.S. Congress Reaches Agreement on Housing Bill, Prohibiting Fed from Issuing CBDC Before 2030]On June 17, Bloomberg reported that the U.S. Congress has reached an agreement on the largest housing bill in decades, ending a months-long stalemate between the House of Representatives and the Senate. The bill includes a provision requiring the Federal Reserve to suspend the issuance of central bank digital currency (CBDC) before 2030.

U.S. Congress Reaches Agreement on Housing Bill, Prohibiting Fed from Issuing CBDC Before 2030

On June 17, TheEnergyMag reported that Tether sold 627,000 shares of Bitdeer at approximately $20 per share between June 3 and 4, cashing out about $12.7 million. In February, when Bitdeer's stock price fell to a low, Tether had made a significant purchase at around $8.85 per share, and this reduction is seen as a profit-taking move. After the sale, Tether still holds 37.7 million shares, accounting for 19.7% of the outstanding shares, maintaining its position as a major shareholder.

[Tether Reduces Bitdeer Holdings, Gains Approximately $12.7 Million]On June 17, TheEnergyMag reported that Tether sold 627,000 shares of Bitdeer at approximately $20 per share between June 3 and 4, cashing out about $12.7 million. In February, when Bitdeer's stock price fell to a low, Tether had made a significant purchase at around $8.85 per share, and this reduction is seen as a profit-taking move. After the sale, Tether still holds 37.7 million shares, accounting for 19.7% of the outstanding shares, maintaining its position as a major shareholder.

Tether Reduces Bitdeer Holdings, Gains Approximately $12.7 Million

On June 17, Pudgy Penguins announced a collaboration with the crypto payment platform KAST to launch a series of Soulbound Tokens (SBT). This commemorative SBT series aims to celebrate the Huddle community and the Pengu Card user base. The SBTs will be distributed to Pengu Card users in three tiers, with eligibility determined by the user's level of engagement. The tokens will be directly issued to qualifying EVM wallet addresses.

[Pudgy Penguins and KAST Launch SBT Series for Pengu Card Users]On June 17, Pudgy Penguins announced a collaboration with the crypto payment platform KAST to launch a series of Soulbound Tokens (SBT). This commemorative SBT series aims to celebrate the Huddle community and the Pengu Card user base. The SBTs will be distributed to Pengu Card users in three tiers, with eligibility determined by the user's level of engagement. The tokens will be directly issued to qualifying EVM wallet addresses.

Pudgy Penguins and KAST Launch SBT Series for Pengu Card Users

On June 17, Arab satellite television reported that Israel carried out drone strikes on the town of Ansariyeh in southern Lebanon. (Jinshi)

[Israel Conducts Drone Strikes in Southern Lebanon]On June 17, Arab satellite television reported that Israel carried out drone strikes on the town of Ansariyeh in southern Lebanon. (Jinshi)

Israel Conducts Drone Strikes in Southern Lebanon

On June 17, The Wall Street Journal reported that Chinese social media and lifestyle platform Xiaohongshu is preparing for an initial public offering (IPO) in Hong Kong as early as the end of this year. According to insiders, the company's latest valuation is expected to exceed $70 billion, with a projected net profit of over $3 billion this year. Some major investors maintain high expectations for its long-term value based on its growth and profitability. In recent secondary market trading, Xiaohongshu's valuation has already surpassed $50 billion. If the IPO proceeds smoothly, it will become one of the most closely watched listing events in China's internet sector in recent years, reflecting a trend of repricing for consumer internet and content platforms in the capital markets.

[Xiaohongshu Plans Hong Kong IPO, Valuation May Exceed $70 Billion, Potentially One of the Largest Consumer Internet Listings This Year]On June 17, The Wall Street Journal reported that Chinese social media and lifestyle platform Xiaohongshu is preparing for an initial public offering (IPO) in Hong Kong as early as the end of this year. According to insiders, the company's latest valuation is expected to exceed $70 billion, with a projected net profit of over $3 billion this year. Some major investors maintain high expectations for its long-term value based on its growth and profitability. In recent secondary market trading, Xiaohongshu's valuation has already surpassed $50 billion. If the IPO proceeds smoothly, it will become one of the most closely watched listing events in China's internet sector in recent years, reflecting a trend of repricing for consumer internet and content platforms in the capital markets.

Xiaohongshu Plans Hong Kong IPO, Valuation May Exceed $70 Billion, Potentially One of the Largest Consumer Internet Listings This Year

On June 17, according to OnchainLens monitoring, a whale address '0x50b' recently opened large long positions in the cryptocurrency derivatives market. The Bitcoin long position amounts to 1,036.37 BTC, using 20x leverage; the Ethereum long position amounts to 6,291 ETH, using 23x leverage. Based on current positions, the total value of these long positions is approximately $79.55 million. This trader has previously accumulated profits exceeding $4 million through long and short trading of Bitcoin and Ethereum.

[Whale Takes $80 Million High-Leverage Long Positions in BTC and ETH, Accumulated Profits Exceed $4 Million]On June 17, according to OnchainLens monitoring, a whale address '0x50b' recently opened large long positions in the cryptocurrency derivatives market. The Bitcoin long position amounts to 1,036.37 BTC, using 20x leverage; the Ethereum long position amounts to 6,291 ETH, using 23x leverage. Based on current positions, the total value of these long positions is approximately $79.55 million. This trader has previously accumulated profits exceeding $4 million through long and short trading of Bitcoin and Ethereum.

Whale Takes $80 Million High-Leverage Long Positions in BTC and ETH, Accumulated Profits Exceed $4 Million

On June 17, Sui announced on platform X that, according to blockchain security company CertiK, the Sui blockchain has processed nearly $65 billion in 0 Gas stablecoin transactions since June 10. Additionally, the total stablecoin transaction volume on the Sui network has exceeded $22.7 trillion since the beginning of 2024. Sui's 0 Gas stablecoin transactions 'eliminate a significant amount of additional costs that hinder adoption', allowing funds to flow as freely as messages.

[Data: Sui Processes Nearly $65 Billion in 0 Gas Stablecoin Transactions Since June 10]On June 17, Sui announced on platform X that, according to blockchain security company CertiK, the Sui blockchain has processed nearly $65 billion in 0 Gas stablecoin transactions since June 10. Additionally, the total stablecoin transaction volume on the Sui network has exceeded $22.7 trillion since the beginning of 2024. Sui's 0 Gas stablecoin transactions 'eliminate a significant amount of additional costs that hinder adoption', allowing funds to flow as freely as messages.

Data: Sui Processes Nearly $65 Billion in 0 Gas Stablecoin Transactions Since June 10

On June 17, the core narrative of the global market is gradually shifting from 'end of Middle Eastern wars' to 'post-war asset revaluation.' Details of the US-Iran memorandum of understanding continue to emerge, including the lifting of oil export bans, unfreezing of assets, and plans for private investment funds as high as $300 billion. The market has begun to trade in anticipation of Iran's return to the global energy and capital markets. However, the actual pace of recovery in the Strait of Hormuz remains uncertain, with European allies taking a cautious stance on mine clearance and escort operations, and shipping companies generally believing that a full return to normal passage will still take weeks or even longer. This indicates that while geopolitical risks have decreased, they have not completely vanished. The energy market has already begun to reflect this change. As the US may allow Iran to immediately resume oil exports, approximately 68 million barrels of Iranian crude oil stranded at sea are waiting to re-enter the market. Coupled with the potential expiration of Russian oil exemptions, the global energy supply landscape is being reshaped. In the short term, increased production from Iran may help lower oil prices and transportation costs, but if Russian exports are once again restricted, the energy market may still face new supply-demand tug-of-war in the future. This is also why gold demand has not significantly cooled due to peace expectations. A World Gold Council survey shows that an increasing number of central banks continue to accumulate gold reserves, essentially reflecting that the long-term defensive demand of central banks against geopolitical and global debt risks has not changed. Meanwhile, there is a clear divergence in global central bank policies. The Bank of Japan has raised interest rates to the highest level in 31 years at 1%, but simultaneously announced it would stop further reducing bond purchases next year; the Reserve Bank of Australia has paused interest rate hikes for the first time after consecutive increases. This represents a new phase where central banks are beginning to maintain high interest rates for a longer time while avoiding rapid liquidity contraction. The real focus of the market is on the first FOMC meeting tonight with the new Federal Reserve Chair Kevin Warsh. Recent surveys from Castle Securities, academia, and market pricing indicate that market expectations are gradually shifting from interest rate cuts to the re-emergence of interest rate hike risks. In other words, the market has been trading on the interest rate cut timetable for the past two years, and is now beginning to trade on the possibility of rising funding costs. Notably, even as expectations for high interest rates heat up, risk assets continue to attract capital. SpaceX has not only completed a $60 billion acquisition of Anysphere but has also briefly surpassed Microsoft and Amazon to become the fourth-largest company by market capitalization globally, with AI, space technology, and large tech capital expenditures still accelerating. However, this has also raised concerns about the risk of imbalance between valuations and liquidity. When the credit market maintains extremely low spreads and tech companies can finance at very low costs, the constraint of high interest rates on risk assets has not yet truly manifested. For the cryptocurrency market, the biggest variable is no longer the Middle East, but whether Warsh will reduce policy forward guidance and redefine future financial conditions. If the Federal Reserve maintains high interest rates but allows credit to continue expanding, market liquidity may still support the performance of risk assets; however, if it begins to manage the supply of funds through both balance sheet reduction and credit contraction, tech stocks, AI concepts, and the cryptocurrency market may face valuation reassessment pressure. Therefore, the current market is superficially trading on peace dividends, while in reality, it is waiting for the Federal Reserve to decide the direction of the next round of global liquidity, which will continue to reflect the market's true judgment on funding costs and liquidity prospects.

[Bitunix Analyst: US-Iran Agreement and Oil Price Plunge Are Just the Prelude, Risk Assets Face Ultimate Test of 'Real High-Interest Rate Era']On June 17, the core narrative of the global market is gradually shifting from 'end of Middle Eastern wars' to 'post-war asset revaluation.' Details of the US-Iran memorandum of understanding continue to emerge, including the lifting of oil export bans, unfreezing of assets, and plans for private investment funds as high as $300 billion. The market has begun to trade in anticipation of Iran's return to the global energy and capital markets. However, the actual pace of recovery in the Strait of Hormuz remains uncertain, with European allies taking a cautious stance on mine clearance and escort operations, and shipping companies generally believing that a full return to normal passage will still take weeks or even longer. This indicates that while geopolitical risks have decreased, they have not completely vanished. The energy market has already begun to reflect this change. As the US may allow Iran to immediately resume oil exports, approximately 68 million barrels of Iranian crude oil stranded at sea are waiting to re-enter the market. Coupled with the potential expiration of Russian oil exemptions, the global energy supply landscape is being reshaped. In the short term, increased production from Iran may help lower oil prices and transportation costs, but if Russian exports are once again restricted, the energy market may still face new supply-demand tug-of-war in the future. This is also why gold demand has not significantly cooled due to peace expectations. A World Gold Council survey shows that an increasing number of central banks continue to accumulate gold reserves, essentially reflecting that the long-term defensive demand of central banks against geopolitical and global debt risks has not changed. Meanwhile, there is a clear divergence in global central bank policies. The Bank of Japan has raised interest rates to the highest level in 31 years at 1%, but simultaneously announced it would stop further reducing bond purchases next year; the Reserve Bank of Australia has paused interest rate hikes for the first time after consecutive increases. This represents a new phase where central banks are beginning to maintain high interest rates for a longer time while avoiding rapid liquidity contraction. The real focus of the market is on the first FOMC meeting tonight with the new Federal Reserve Chair Kevin Warsh. Recent surveys from Castle Securities, academia, and market pricing indicate that market expectations are gradually shifting from interest rate cuts to the re-emergence of interest rate hike risks. In other words, the market has been trading on the interest rate cut timetable for the past two years, and is now beginning to trade on the possibility of rising funding costs. Notably, even as expectations for high interest rates heat up, risk assets continue to attract capital. SpaceX has not only completed a $60 billion acquisition of Anysphere but has also briefly surpassed Microsoft and Amazon to become the fourth-largest company by market capitalization globally, with AI, space technology, and large tech capital expenditures still accelerating. However, this has also raised concerns about the risk of imbalance between valuations and liquidity. When the credit market maintains extremely low spreads and tech companies can finance at very low costs, the constraint of high interest rates on risk assets has not yet truly manifested. For the cryptocurrency market, the biggest variable is no longer the Middle East, but whether Warsh will reduce policy forward guidance and redefine future financial conditions. If the Federal Reserve maintains high interest rates but allows credit to continue expanding, market liquidity may still support the performance of risk assets; however, if it begins to manage the supply of funds through both balance sheet reduction and credit contraction, tech stocks, AI concepts, and the cryptocurrency market may face valuation reassessment pressure. Therefore, the current market is superficially trading on peace dividends, while in reality, it is waiting for the Federal Reserve to decide the direction of the next round of global liquidity, which will continue to reflect the market's true judgment on funding costs and liquidity prospects.

Bitunix Analyst: US-Iran Agreement and Oil Price Plunge Are Just the Prelude, Risk Assets Face Ultimate Test of 'Real High-Interest Rate Era'

火币HTX报道，6月16日，SpaceX(SPCX.O)美股盘后涨10%，若维持此涨幅至美股周二开盘，其市值将超越亚马逊(AMZN.O)。(金十)

【SpaceX(SPCX.O)美股盘后涨10%】火币HTX报道，6月16日，SpaceX(SPCX.O)美股盘后涨10%，若维持此涨幅至美股周二开盘，其市值将超越亚马逊(AMZN.O)。(金十)

SpaceX(SPCX.O)美股盘后涨10%

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SpaceX(SPCX.O)美股盘后涨10%

Disclaimer：The content above does not represent HTX's positions.，HTX does not provide any trading recommendations.。

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