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On June 20, Ki Young Ju, the founder of CryptoQuant, stated on social media that the previous trend of 'Bitcoin rotating into altcoin assets' that used to drive altcoin seasons has essentially disappeared. Since 2021, the trading volume of altcoins against BTC has significantly shrunk. He believes that the era where 'altcoins rise simply because of Bitcoin's increase' may have come to an end.

[CryptoQuant Founder: The Era of Altcoins Rising with Bitcoin May Be Over]On June 20, Ki Young Ju, the founder of CryptoQuant, stated on social media that the previous trend of 'Bitcoin rotating into altcoin assets' that used to drive altcoin seasons has essentially disappeared. Since 2021, the trading volume of altcoins against BTC has significantly shrunk. He believes that the era where 'altcoins rise simply because of Bitcoin's increase' may have come to an end.

CryptoQuant Founder: The Era of Altcoins Rising with Bitcoin May Be Over

On June 20, Ki Young Ju, the founder of CryptoQuant, posted on social media stating that the previous trend of 'Bitcoin rotating into altcoin assets' that used to drive altcoin seasons has essentially disappeared. Since 2021, the trading volume of altcoins against BTC has significantly shrunk. He believes that the era where 'altcoins rise simply because of Bitcoin's increase' may have come to an end.

[CryptoQuant Founder: The Era of Altcoins Rising with Bitcoin May Be Over]On June 20, Ki Young Ju, the founder of CryptoQuant, posted on social media stating that the previous trend of 'Bitcoin rotating into altcoin assets' that used to drive altcoin seasons has essentially disappeared. Since 2021, the trading volume of altcoins against BTC has significantly shrunk. He believes that the era where 'altcoins rise simply because of Bitcoin's increase' may have come to an end.

On June 20, U.S. President Trump, in an interview with Axios, addressed whether his presidency is nearing its end, stating that he does not believe it is the case and that there are still two and a half years remaining. Regarding the notion that presidents typically lose control of the House of Representatives during the last midterm election of their second term, leading to declining poll numbers and a weakening of power, Trump disagreed, labeling it as 'fake polling' and asserting that his polling data is very strong, claiming he could defeat any opponent by a margin of 25 percentage points. Trump mentioned that there are several 'very significant and impactful' things to accomplish in the next two and a half years, including correcting wrongs and improving areas that can be enhanced. He also discussed the renovation of the White House, stating that they are constructing 'one of the greatest banquet halls and security nets in the world,' utilizing bulletproof glass and a roof designed to counter drones. He noted that Senate approval is not required for this project, as funding comes from himself and companies like Apple and Microsoft, without the need for appropriations. Washington, D.C. has transformed from a 'death trap' into one of the safest cities in America.

[Trump Discusses Midterm Elections: Denies Loss of Power, Calls Poll Declines 'Fake']On June 20, U.S. President Trump, in an interview with Axios, addressed whether his presidency is nearing its end, stating that he does not believe it is the case and that there are still two and a half years remaining. Regarding the notion that presidents typically lose control of the House of Representatives during the last midterm election of their second term, leading to declining poll numbers and a weakening of power, Trump disagreed, labeling it as 'fake polling' and asserting that his polling data is very strong, claiming he could defeat any opponent by a margin of 25 percentage points. Trump mentioned that there are several 'very significant and impactful' things to accomplish in the next two and a half years, including correcting wrongs and improving areas that can be enhanced. He also discussed the renovation of the White House, stating that they are constructing 'one of the greatest banquet halls and security nets in the world,' utilizing bulletproof glass and a roof designed to counter drones. He noted that Senate approval is not required for this project, as funding comes from himself and companies like Apple and Microsoft, without the need for appropriations. Washington, D.C. has transformed from a 'death trap' into one of the safest cities in America.

Trump Discusses Midterm Elections: Denies Loss of Power, Calls Poll Declines 'Fake'

On June 20, U.S. President Donald Trump, in an interview with Axios, addressed whether his presidential term is nearing its end, stating that he does not believe it is, as there are still two and a half years remaining. Regarding the common notion that a president's party typically loses control of the House of Representatives during the last midterm elections of their second term, leading to declining polls and a weakening of power, Trump disagreed, labeling this as 'fake polling' and asserting that his polling data is very strong, claiming he could defeat any opponent by a margin of 25 percentage points. Trump mentioned that there are several 'very significant, very impactful' things to accomplish in the next two and a half years, including correcting wrongs and improving what can be done better. He also discussed renovations at the White House, stating that they are constructing 'one of the greatest banquet halls and security nets in the world,' utilizing bulletproof glass and a roof equipped to counter drones. He noted that Senate approval is not needed for this, as funding comes from himself and companies like Apple and Microsoft, without requiring appropriations. Washington, D.C. has transformed from a 'death trap' into one of the safest cities in America.

[Trump Discusses Midterm Elections: Denies Loss of Power, Calls Poll Declines 'Fake']On June 20, U.S. President Donald Trump, in an interview with Axios, addressed whether his presidential term is nearing its end, stating that he does not believe it is, as there are still two and a half years remaining. Regarding the common notion that a president's party typically loses control of the House of Representatives during the last midterm elections of their second term, leading to declining polls and a weakening of power, Trump disagreed, labeling this as 'fake polling' and asserting that his polling data is very strong, claiming he could defeat any opponent by a margin of 25 percentage points. Trump mentioned that there are several 'very significant, very impactful' things to accomplish in the next two and a half years, including correcting wrongs and improving what can be done better. He also discussed renovations at the White House, stating that they are constructing 'one of the greatest banquet halls and security nets in the world,' utilizing bulletproof glass and a roof equipped to counter drones. He noted that Senate approval is not needed for this, as funding comes from himself and companies like Apple and Microsoft, without requiring appropriations. Washington, D.C. has transformed from a 'death trap' into one of the safest cities in America.

On June 20, a16z crypto disclosed data showing that the weekly trading volume in prediction markets reached $10.8 billion for the first time, setting a historical record. This record growth was driven by the convergence of multiple global events, including the SpaceX IPO, the U.S.-Iran peace agreement, the NBA Finals, and the World Cup. a16z crypto noted that the prediction market size has rapidly expanded over the past year, with weekly trading volume around $500 million a year ago, and even during active market periods, weekly trading volume was below $1 billion. Since last fall, trading volume has steadily increased, stabilizing this spring in the range of $6 billion to $7 billion. Even in the current 'low volatility week,' the market size has significantly exceeded the peak levels of a year ago, indicating a continued structural increase in liquidity and participation in prediction markets.

[a16z Crypto: Record Weekly Trading Volume in Prediction Markets Driven by Multiple Events]On June 20, a16z crypto disclosed data showing that the weekly trading volume in prediction markets reached $10.8 billion for the first time, setting a historical record. This record growth was driven by the convergence of multiple global events, including the SpaceX IPO, the U.S.-Iran peace agreement, the NBA Finals, and the World Cup. a16z crypto noted that the prediction market size has rapidly expanded over the past year, with weekly trading volume around $500 million a year ago, and even during active market periods, weekly trading volume was below $1 billion. Since last fall, trading volume has steadily increased, stabilizing this spring in the range of $6 billion to $7 billion. Even in the current 'low volatility week,' the market size has significantly exceeded the peak levels of a year ago, indicating a continued structural increase in liquidity and participation in prediction markets.

a16z Crypto: Record Weekly Trading Volume in Prediction Markets Driven by Multiple Events

On June 20, a16z crypto disclosed data showing that the weekly trading volume in prediction markets reached $10.8 billion for the first time, setting a new historical record. This record growth was driven by a confluence of global events, including the SpaceX IPO, the U.S.-Iran peace agreement, the NBA Finals, and the World Cup. a16z crypto noted that the prediction market size has rapidly expanded over the past year, with weekly trading volume around $500 million a year ago, and even during active market periods, it was below $1 billion. Since last fall, trading volume has steadily increased, stabilizing between $6 billion and $7 billion this spring. Even during the current 'low volatility week,' the market size has significantly surpassed the peak levels of a year ago, indicating a continued structural increase in liquidity and participation in prediction markets.

[a16z Crypto: Record Weekly Trading Volume in Prediction Markets Driven by Multiple Global Events]On June 20, a16z crypto disclosed data showing that the weekly trading volume in prediction markets reached $10.8 billion for the first time, setting a new historical record. This record growth was driven by a confluence of global events, including the SpaceX IPO, the U.S.-Iran peace agreement, the NBA Finals, and the World Cup. a16z crypto noted that the prediction market size has rapidly expanded over the past year, with weekly trading volume around $500 million a year ago, and even during active market periods, it was below $1 billion. Since last fall, trading volume has steadily increased, stabilizing between $6 billion and $7 billion this spring. Even during the current 'low volatility week,' the market size has significantly surpassed the peak levels of a year ago, indicating a continued structural increase in liquidity and participation in prediction markets.

a16z Crypto: Record Weekly Trading Volume in Prediction Markets Driven by Multiple Global Events

On June 20, Jake Chervinsky, CEO of the Hyperliquid Policy Center, stated that the Chicago Mercantile Exchange's lawsuit against the U.S. Commodity Futures Trading Commission (CFTC) is 'a shocking misjudgment' and an 'unnecessary mistake.' Once regarded as the absolute leader in the U.S. derivatives market, the CME now appears in court as a 'monopolistic vested interest afraid of competition.' He cited CFTC Chairman Mike Selig's viewpoint: 'Vested interests are always afraid of the future, but the public should not be afraid of vested interests.'

[Hyperliquid Policy Center: CME's Lawsuit Against CFTC is a 'Major Misjudgment' Exposing Its Anti-Competitive Stance]On June 20, Jake Chervinsky, CEO of the Hyperliquid Policy Center, stated that the Chicago Mercantile Exchange's lawsuit against the U.S. Commodity Futures Trading Commission (CFTC) is 'a shocking misjudgment' and an 'unnecessary mistake.' Once regarded as the absolute leader in the U.S. derivatives market, the CME now appears in court as a 'monopolistic vested interest afraid of competition.' He cited CFTC Chairman Mike Selig's viewpoint: 'Vested interests are always afraid of the future, but the public should not be afraid of vested interests.'

Hyperliquid Policy Center: CME's Lawsuit Against CFTC is a 'Major Misjudgment' Exposing Its Anti-Competitive Stance

On June 20, U.S. President Trump stated in an interview with Axios that AI can become a weapon if misused, but if used properly, it could be a major development, potentially surpassing the internet in scale. AI could allow humanity to find medical cures for certain diseases 25 years earlier, but vigilance is necessary. When asked if he considers Anthropic and its CEO Dario Amodei a national security threat, Trump replied, "Not at the moment, but maybe a week ago." He mentioned that he had just met with Dario Amodei, who gave a speech during the G7 summit and responded quickly to government requests. Anthropic has so far acted very responsibly. Regarding whether he would shut down or take over Anthropic, Trump stated he does not want to do so, as the U.S. is significantly ahead of China in the AI field. AI requires massive amounts of electricity, and he proposed the idea of AI companies building their own power plants. The benefits of AI outweigh the drawbacks, and the government will identify and prevent any negative aspects. When asked if he would use the Defense Production Act to regulate or control AI, Trump said he would do so if necessary, but he is currently uncertain if it is required. He also mentioned that France proposed the establishment of an international organization at the G7 and hopes the U.S. will share more AI technology, but the issue for the U.S. is that "we are too far ahead of everyone else."

[Trump: Does Not Wish to Shut Down or Take Over Anthropic, U.S. Leads AI Field Significantly]On June 20, U.S. President Trump stated in an interview with Axios that AI can become a weapon if misused, but if used properly, it could be a major development, potentially surpassing the internet in scale. AI could allow humanity to find medical cures for certain diseases 25 years earlier, but vigilance is necessary. When asked if he considers Anthropic and its CEO Dario Amodei a national security threat, Trump replied, "Not at the moment, but maybe a week ago." He mentioned that he had just met with Dario Amodei, who gave a speech during the G7 summit and responded quickly to government requests. Anthropic has so far acted very responsibly. Regarding whether he would shut down or take over Anthropic, Trump stated he does not want to do so, as the U.S. is significantly ahead of China in the AI field. AI requires massive amounts of electricity, and he proposed the idea of AI companies building their own power plants. The benefits of AI outweigh the drawbacks, and the government will identify and prevent any negative aspects. When asked if he would use the Defense Production Act to regulate or control AI, Trump said he would do so if necessary, but he is currently uncertain if it is required. He also mentioned that France proposed the establishment of an international organization at the G7 and hopes the U.S. will share more AI technology, but the issue for the U.S. is that "we are too far ahead of everyone else."

Trump: Does Not Wish to Shut Down or Take Over Anthropic, U.S. Leads AI Field Significantly

On June 20, the U.S. Securities and Exchange Commission (SEC) announced that 24X National Exchange LLC has submitted a rule change application to the regulatory agency, filed as SR-24X-2026-20 for immediate effectiveness. The proposal aims to allow the trading of tokenized securities on the exchange during the duration of the U.S. Depository Trust & Clearing Corporation (DTC) tokenization pilot program. The relevant securities primarily include components of the Russell 1000 Index and certain exchange-traded funds (ETFs), which can be traded within the same trading system alongside traditional securities while maintaining the same CUSIP, trading codes, and execution priority. The SEC stated that this rule change is applicable to the existing market structure and clearing settlement framework and has entered the public comment period.

[24X Submits Rule Change Application to SEC for Tokenized Securities Trading During DTC Pilot]On June 20, the U.S. Securities and Exchange Commission (SEC) announced that 24X National Exchange LLC has submitted a rule change application to the regulatory agency, filed as SR-24X-2026-20 for immediate effectiveness. The proposal aims to allow the trading of tokenized securities on the exchange during the duration of the U.S. Depository Trust & Clearing Corporation (DTC) tokenization pilot program. The relevant securities primarily include components of the Russell 1000 Index and certain exchange-traded funds (ETFs), which can be traded within the same trading system alongside traditional securities while maintaining the same CUSIP, trading codes, and execution priority. The SEC stated that this rule change is applicable to the existing market structure and clearing settlement framework and has entered the public comment period.

24X Submits Rule Change Application to SEC for Tokenized Securities Trading During DTC Pilot

火币HTX报道，6月19日，欧洲主要股指开盘涨跌不一，欧洲斯托克50指数跌0.14%，英国富时100指数跌1.04%，法国CAC40指数涨0.44%，德国DAX30指数涨0.37%，富时意大利MIB指数涨0.18%。（财联社）

【欧洲主要股指开盘涨跌不一】火币HTX报道，6月19日，欧洲主要股指开盘涨跌不一，欧洲斯托克50指数跌0.14%，英国富时100指数跌1.04%，法国CAC40指数涨0.44%，德国DAX30指数涨0.37%，富时意大利MIB指数涨0.18%。（财联社）

欧洲主要股指开盘涨跌不一

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Article

OpenAI Introduces Codex 'Record and Replay' Feature to Transform Demonstrated Workflows into AI Skills

Founder of Zhipu AI, Tang Jie: GLM-5.2's Open Source Release Will Gradually Narrow Performance Gap with OpenAI and Anthropic

Spot Gold and Silver Prices Continue to Decline

欧洲主要股指开盘涨跌不一

Clause de non-responsabilité：Le contenu ci-dessus ne représente pas les positions de HTX.，HTX ne fournit pas de recommandations de trading.。

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