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On June 21, Adam Back, CEO of Blockstream and an early contributor to the Bitcoin community, stated that the market's negative perspective on Strategy and its preferred stock STRC is unfounded. He emphasized that what Strategy is essentially doing is selling Bitcoin to pay dividends, without altering its Bitcoin reserve strategy. This approach is proving that it is possible to provide returns to investors through Bitcoin while reducing debt levels. Strategy is showcasing a new financial model to the market, suggesting that Bitcoin could potentially serve as an alternative asset to cash for corporate asset management and capital operations. The FUD (Fear, Uncertainty, Doubt) surrounding MSTR and STRC has been exaggerated. Strategy will not 'go to zero'; its long-term value lies in the continued holding of Bitcoin and fostering market understanding of Bitcoin's monetary properties.

[Adam Back: Strategy Will Not 'Go to Zero', Market's Negative View on STRC Lacks Basis]On June 21, Adam Back, CEO of Blockstream and an early contributor to the Bitcoin community, stated that the market's negative perspective on Strategy and its preferred stock STRC is unfounded. He emphasized that what Strategy is essentially doing is selling Bitcoin to pay dividends, without altering its Bitcoin reserve strategy. This approach is proving that it is possible to provide returns to investors through Bitcoin while reducing debt levels. Strategy is showcasing a new financial model to the market, suggesting that Bitcoin could potentially serve as an alternative asset to cash for corporate asset management and capital operations. The FUD (Fear, Uncertainty, Doubt) surrounding MSTR and STRC has been exaggerated. Strategy will not 'go to zero'; its long-term value lies in the continued holding of Bitcoin and fostering market understanding of Bitcoin's monetary properties.

Adam Back: Strategy Will Not 'Go to Zero', Market's Negative View on STRC Lacks Basis

On June 21, the Iranian Foreign Ministry stated that in order to initiate negotiations based on the memorandum of understanding, five conditions must first be fulfilled, one of which involves the complete cessation of hostilities on all fronts.

[Iran's Foreign Ministry: Negotiations Based on Memorandum of Understanding Require Complete Cessation of Hostilities]On June 21, the Iranian Foreign Ministry stated that in order to initiate negotiations based on the memorandum of understanding, five conditions must first be fulfilled, one of which involves the complete cessation of hostilities on all fronts.

Iran's Foreign Ministry: Negotiations Based on Memorandum of Understanding Require Complete Cessation of Hostilities

On June 21, according to HTX market information, Bitcoin has fallen below $64,000, currently priced at $63,926, with a 24-hour gain narrowing to 0.7%.

[Bitcoin Falls Below $64,000, 24-Hour Gain Narrows to 0.7%]On June 21, according to HTX market information, Bitcoin has fallen below $64,000, currently priced at $63,926, with a 24-hour gain narrowing to 0.7%.

Bitcoin Falls Below $64,000, 24-Hour Gain Narrows to 0.7%

On June 21, the MEV bot Jaredfromsubway.eth was attacked by hackers exploiting a vulnerability in its automated execution system. According to statistics from SlowMist, the loss incurred by the MEV bot is approximately $7.5 million (not $14 million or $15 million). The hackers profited from the MEV bot as follows: ~1,475 WETH, ~2,870,573 USDC, and ~2,035,760 USDT, totaling approximately $7.5 million.

[SlowMist: MEV Bot Jaredfromsubway.eth Suffers Approximately $7.5 Million Loss from Attack]On June 21, the MEV bot Jaredfromsubway.eth was attacked by hackers exploiting a vulnerability in its automated execution system. According to statistics from SlowMist, the loss incurred by the MEV bot is approximately $7.5 million (not $14 million or $15 million). The hackers profited from the MEV bot as follows: ~1,475 WETH, ~2,870,573 USDC, and ~2,035,760 USDT, totaling approximately $7.5 million.

SlowMist: MEV Bot Jaredfromsubway.eth Suffers Approximately $7.5 Million Loss from Attack

On June 21, according to Al Jazeera: The Iranian president stated that as part of a preliminary agreement to end the war with the United States, the $6 billion in frozen funds currently held by Qatar will be returned.

[Iranian President: $6 Billion Frozen Funds Held by Qatar Will Be Returned]On June 21, according to Al Jazeera: The Iranian president stated that as part of a preliminary agreement to end the war with the United States, the $6 billion in frozen funds currently held by Qatar will be returned.

Iranian President: $6 Billion Frozen Funds Held by Qatar Will Be Returned

On June 21, Iran's Tasnim News Agency reported that maritime navigation data indicates that since the Iranian military announced the closure of the Strait of Hormuz on the 20th, no vessels have passed through this strategic waterway, resulting in traffic volume dropping to zero. Contrary to claims made by the U.S. military, the strait is currently under Iranian control and is in a state of blockade.

[Iranian Media Reports Zero Ship Traffic in Strait of Hormuz]On June 21, Iran's Tasnim News Agency reported that maritime navigation data indicates that since the Iranian military announced the closure of the Strait of Hormuz on the 20th, no vessels have passed through this strategic waterway, resulting in traffic volume dropping to zero. Contrary to claims made by the U.S. military, the strait is currently under Iranian control and is in a state of blockade.

Iranian Media Reports Zero Ship Traffic in Strait of Hormuz

On June 21, according to military sources cited by Iran's Fars News Agency, the Strait of Hormuz remains closed, and the Iranian Navy will not issue passage permits to any vessels until receiving explicit notification. Meanwhile, the Islamic Republic News Agency (IRNA) reported that an Iranian Foreign Ministry spokesperson confirmed that a one-day negotiation at Bilgen Mountain will take place this afternoon, involving a quadrilateral joint meeting of Iran, the United States, Qatar, and Pakistan. The ongoing blockade of the Strait of Hormuz is progressing alongside diplomatic negotiations, with the situation remaining highly uncertain, and the market and shipping industry closely monitoring subsequent developments.

[Iran Confirms Strait of Hormuz Remains Closed, Quadrilateral Talks Held Today in Bilgen Mountain]On June 21, according to military sources cited by Iran's Fars News Agency, the Strait of Hormuz remains closed, and the Iranian Navy will not issue passage permits to any vessels until receiving explicit notification. Meanwhile, the Islamic Republic News Agency (IRNA) reported that an Iranian Foreign Ministry spokesperson confirmed that a one-day negotiation at Bilgen Mountain will take place this afternoon, involving a quadrilateral joint meeting of Iran, the United States, Qatar, and Pakistan. The ongoing blockade of the Strait of Hormuz is progressing alongside diplomatic negotiations, with the situation remaining highly uncertain, and the market and shipping industry closely monitoring subsequent developments.

Iran Confirms Strait of Hormuz Remains Closed, Quadrilateral Talks Held Today in Bilgen Mountain

On June 21, data from Vesper revealed that the price of whey protein in the United States has recently surged dramatically, with the price of whey protein isolate surpassing $14 per pound, while whey protein concentrate (80%) has also seen significant increases, both reaching historic highs. The sharp price increases have been humorously compared by netizens to the supply shortage price hikes seen with hard drive manufacturer Sandisk ($SNDK). Serenity joked that whey protein is replicating the supply and demand scenario of the AI computing power industry—where explosive demand encounters supply bottlenecks, leading to rapid price increases. Currently, there are concerns in the market that creatine may become the next fitness supplement category to experience shortages. From the price trends, after hitting a low in 2023, whey protein prices have continued to rebound significantly, with an accelerated upward trend expected by 2026, drawing widespread attention from fitness consumers.

[Serenity Mocks 'Gym Version of Supply Shortage' as Whey Protein Prices Surge to Historic Highs of $14 per Pound]On June 21, data from Vesper revealed that the price of whey protein in the United States has recently surged dramatically, with the price of whey protein isolate surpassing $14 per pound, while whey protein concentrate (80%) has also seen significant increases, both reaching historic highs. The sharp price increases have been humorously compared by netizens to the supply shortage price hikes seen with hard drive manufacturer Sandisk ($SNDK). Serenity joked that whey protein is replicating the supply and demand scenario of the AI computing power industry—where explosive demand encounters supply bottlenecks, leading to rapid price increases. Currently, there are concerns in the market that creatine may become the next fitness supplement category to experience shortages. From the price trends, after hitting a low in 2023, whey protein prices have continued to rebound significantly, with an accelerated upward trend expected by 2026, drawing widespread attention from fitness consumers.

Serenity Mocks 'Gym Version of Supply Shortage' as Whey Protein Prices Surge to Historic Highs of $14 per Pound

On June 21, Iranian Foreign Ministry spokesman Baghaei stated in Switzerland that Iran signed a memorandum of understanding on June 18, with a focus on promoting its implementation from the outset. The execution of any agreement is more important than its signing; achieving diplomatic results is one thing, but following through is even more critical. Baghaei emphasized that Article 13 of the memorandum is very clear: the initiation of negotiations for a final agreement must be predicated on the implementation of five specific clauses, including the first clause, which calls for a ceasefire on all fronts, including the Lebanese front. Iran believes this clause has not been implemented, and the US either cannot or does not want to execute it. Israel continues to violate relevant commitments, and this issue will be a central topic of discussion today.

[Iranian Foreign Ministry Spokesman: US Has Not Implemented First Clause of Memorandum of Understanding Requiring Ceasefire on All Fronts]On June 21, Iranian Foreign Ministry spokesman Baghaei stated in Switzerland that Iran signed a memorandum of understanding on June 18, with a focus on promoting its implementation from the outset. The execution of any agreement is more important than its signing; achieving diplomatic results is one thing, but following through is even more critical. Baghaei emphasized that Article 13 of the memorandum is very clear: the initiation of negotiations for a final agreement must be predicated on the implementation of five specific clauses, including the first clause, which calls for a ceasefire on all fronts, including the Lebanese front. Iran believes this clause has not been implemented, and the US either cannot or does not want to execute it. Israel continues to violate relevant commitments, and this issue will be a central topic of discussion today.

Iranian Foreign Ministry Spokesman: US Has Not Implemented First Clause of Memorandum of Understanding Requiring Ceasefire on All Fronts

On June 20, according to Coinglass data, if Bitcoin breaks through $65,000, the cumulative short liquidation intensity on major CEX platforms will reach $454 million. Conversely, if Bitcoin falls below $62,000, the cumulative long liquidation intensity on major CEX platforms will reach $581 million. Note from BlockBeats: The liquidation chart does not display the exact number of contracts pending liquidation or the precise value of liquidated contracts. The bars on the liquidation chart actually represent the significance of each liquidation cluster relative to nearby clusters, i.e., intensity. Therefore, the liquidation chart shows the extent to which the underlying price will be affected when it reaches a certain level. A higher 'liquidation bar' indicates that once the price reaches that point, there will be a stronger reaction due to a wave of liquidity.

[If Bitcoin Surpasses $65,000, CEX Liquidation Intensity Will Reach $454 Million]On June 20, according to Coinglass data, if Bitcoin breaks through $65,000, the cumulative short liquidation intensity on major CEX platforms will reach $454 million. Conversely, if Bitcoin falls below $62,000, the cumulative long liquidation intensity on major CEX platforms will reach $581 million. Note from BlockBeats: The liquidation chart does not display the exact number of contracts pending liquidation or the precise value of liquidated contracts. The bars on the liquidation chart actually represent the significance of each liquidation cluster relative to nearby clusters, i.e., intensity. Therefore, the liquidation chart shows the extent to which the underlying price will be affected when it reaches a certain level. A higher 'liquidation bar' indicates that once the price reaches that point, there will be a stronger reaction due to a wave of liquidity.

If Bitcoin Surpasses $65,000, CEX Liquidation Intensity Will Reach $454 Million

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If Bitcoin Surpasses $65,000, CEX Liquidation Intensity Will Reach $454 Million

Isenção de responsabilidade：O conteúdo acima não representa as posições da HTX.，A HTX não faz quaisquer recomendações de negociação.。

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