Plain Language Blockchain Morning Report: Iran situation dominates the market, U.S. stocks close sharply higher with storage sector surging, crypto market rebounds slightly

Iran’s situation dominates the market. U.S. stocks closed slightly higher in a risky session, while the storage sector surged sharply; crypto markets rebounded modestly;

Former Ethereum Foundation researcher Dankrad Feist proposed raising $1 billion to form a new Ethereum advocacy organization;

Galaxy and BitGo went to trial over a dispute regarding a $100 million acquisition termination fee;

SEC commissioner: Regulatory exemptions for tokenized stocks may only apply to on-chain equity products;

South Korea has launched an investigation into illegal gambling on the prediction market platform Polymarket;

Tom Lee: Ethereum will be ensured to become the settlement layer for finance and AI in the future. He remains optimistic about ETH;

Bankless founder David Hoffman may have sold off all ETH;

Trump presided over the swearing-in ceremony for Federal Reserve Chair Kevin Walsh at the White House;

Several top executives have left their posts in succession, highlighting concerns about Ethereum ecosystem development;

The probability that the Federal Reserve will keep interest rates unchanged in June is 96.8%, and 85.4% for July;

CryptoQuant founder: The real Bitcoin bull market has not started yet.