Wu's Daily Selected Crypto News - The U.S. May unadjusted CPI year-over-year rose to 4.2%, reaching a new high since April 2023

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  1. U.S. May Unadjusted CPI Year-over-Year Rises to 4.2%, Reaching a New High Since April 2023

The U.S. May unadjusted CPI year-over-year increased by 4.2%, in line with market expectations, reaching a new high since April 2023. The core CPI for May unadjusted rose by 2.9%, also in line with expectations, reaching a new high since September 2025.

  1. CryptoRank: Q2 2026 Could Be the Worst Quarter for ICO/IDO Performance in Nearly Five Years

Q2 2026 may become the worst quarter for ICO/IDO performance in the past five years. Funds raised through IEO, ICO, and IDO in Q2 2026 totaled only $58 million, down 85% quarter-over-quarter; the number of public sales also dropped from 105 in Q1 2026 to 37 in Q2 2026, a 65% decrease. In May alone, only 13 token sales were recorded, the lowest monthly level since December 2020, when the market had only 4 sales. Previously, the public fundraising market peaked in Q1 2025 with 429 sales raising nearly $849 million, but has since continued to lose momentum.

  1. CME Group Officially Launches Nasdaq CME Crypto Index Futures Covering BTC, ETH, and SOL

CME Group announced the official launch of the Nasdaq CME Crypto Index Futures, which will be cash-settled based on the “Nasdaq CME Crypto Settlement Price Index” to measure the overall performance of the largest and most actively traded cryptocurrencies. As of June 9, 2026, the index includes the following constituent coins: BTC, BCH, ETH, SOL, XRP, ADA, LINK, and XLM.

  1. Tim Draper: Bitcoin Is Safer Than Bank Deposits, and the Banking System May Face Quantum Computing Risks Sooner

Billionaire investor Tim Draper told Benzinga that holding Bitcoin is safer than fiat deposits in banks because quantum computers “will crack banks faster than they crack blockchains.” He believes that even if Bitcoin faces a quantum attack, the community can fork and roll back to a safe state. Draper also stated that Bitcoin is currently at a low point in its four-year cycle and reiterated his long-term view that Bitcoin may surpass the dollar in importance in the future. However, Jameson Lopp, Chief Security Officer at Casa, previously said that completing a quantum-resistant upgrade for Bitcoin could take about ten years, and the speed at which the banking system upgrades to quantum threats may be much faster than the Bitcoin network.

  1. EU Proposes 21st Round of Sanctions Against Russia: Plans to Ban Transactions with 11 Crypto Platforms

The European Commission officially submitted the 21st round of sanctions against Russia on June 9, focusing on core areas such as energy, financial services, and crypto networks. The proposal aims to ban transactions with 11 crypto platforms (located in Belarus, Georgia, Nigeria, Panama, UAE, and Marshall Islands) that assist Russia in bypassing Western sanctions. In addition to the crypto sector, the proposal expands restrictions on traditional finance, planning asset freezes on nearly 90 major banks and comprehensive transaction bans on 35 banks inside and outside Russia. The sanctions are still subject to unanimous approval by all EU member states before they can take effect.

BTC2.52%
ETH2.1%
SOL2.17%
BCH-0.61%
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GateUser-656cc6e4
· 2h ago
EU's 21st round of sanctions... Crypto platforms have become tools of geopolitical strategy, and compliance costs are set to rise again.
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FogValleyBlueLake
· 3h ago
37 public sales, the ICO era has truly become an archaeological site.
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0xPeachy
· 3h ago
The Russia-Ukraine conflict has turned crypto regulation into a soap opera. How many episodes are left after episode 21?
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MildlyMEV
· 3h ago
SOL enters CME Index, are institutions finally recognizing it as a mainstream asset?
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MidnightReconciler
· 3h ago
I only half believe what Tim Draper said; banks are indeed afraid of quantum, but BTC isn't a guaranteed safe bet either.
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