ForkliftFaye

CryptoWorld News: The Hong Kong Securities and Futures Commission has listed Aurum/Aurum Foundation as a suspicious virtual asset trading platform, claiming that it is registered in Hong Kong under the Companies Ordinance but has not obtained a license from the Hong Kong Securities and Futures Commission and is suspected of operating without a license.

Bitcoin rose over 2% today, reaching as high as $63,770, as market panic eased due to Israel and Hezbollah's ceasefire, then retreated to $63,600. After hitting a high of $67,200 in early June, it fell to $62,300 on June 18, with ETF fund outflows and geopolitical uncertainties still present. The ceasefire led to falling oil prices, while gold and silver weakened; approximately $10.6 billion in Bitcoin options will expire on June 26, drawing market attention.

Bjie Crypto News reports that Tether announced a phased wind-down of the AUSDT stablecoin and its Alloy platform so it can focus more on its core business.

CryptoWorld News reports that Tether has announced it will shut down its gold-backed stablecoin AUSDT, which is based on its own tokenized gold (XAUT). The company stated it will shift its focus to areas with stronger demand and broader market opportunities.

CryptoWorld News: Israeli military: Due to concerns about enemy drones infiltrating, Israel has activated an alert in the southern Eilat region.

CryptoWorld News reports that prediction markets indicate Claude 5 is expected to be released by the end of this month, with a current market probability of 68% for this event.

The two biggest CRYPTO BULLS are now down a combined -$22.5 BILLION.
Bitcoin has crashed -$17,488 over the past 10 days to a four-month low of $60,500. Saylor's $BTC holdings are now at a record $12.5 BILLION unrealized loss.
Ethereum is down -25% over the same period, falling below $1,600 for the first time since April 2025. That puts Tom Lee's ETH holdings at roughly $10 BILLION in losses.

Polymarket disagreements over May/June contracts: the ruling of "no" for May and "yes" for June was caused by controversy over the strategy company's sale of 32 bitcoins from May 26 to 31.
Traders claimed they sold before the deadline, while some said it was only considered after it was publicly disclosed on June 1.
UMA token holders supported the latter, resulting in traders who sold bitcoins before May 31 suffering losses.
The four major holders control about 7 million voting rights, far exceeding the opposition.
Galaxy Research strongly opposed, advocating for the sale timing to determine the outcome.

BlockBeats reports that OnchainLens monitoring shows that after Loracle previously incurred a short-term loss of over $46 million, it has re-established a long position of 82,195 HYPE tokens worth $5.7 million with 2x leverage, and added a NEAR long position with 10x leverage, continuously increasing its holdings. Whale address 0x97f has opened a short position of 270k HYPE tokens worth $18.77 million with 10x leverage, with unrealized gains exceeding $1 million.

According to CoinDesk, JPMorgan analysts stated that as the Middle East situation eases, investors are gradually withdrawing from the Bitcoin and gold markets, and the downward trading momentum for both is losing steam. Over the past two weeks, related ETF fund outflows and CME futures positions have also contracted, indicating a weakening of macro hedging demand. This is not Bitcoin funds shifting to gold, but rather a simultaneous decline in demand for both asset classes. Since the Iran conflict, Bitcoin has been the main manifestation of such trading.

CoinWorld News reports that the Egyptian Ministry of Foreign Affairs issued a statement on May 31, strongly condemning Israel's escalation of military operations in Lebanon. The statement said that this "blatant aggression" exposes Israel's deliberate attempt to establish a new military reality in Lebanon, openly violating international law, international norms, and the United Nations Charter. Egypt reiterated its firm opposition to any actions that infringe on Lebanon's territory and once again expressed support for Lebanon's national unity, government institutions, and territorial integrity. The statement said that Israel's continued expansion of military operations will lead to further escalation of the situation, and the United Nations Security Council and influential international parties must urgently and decisively fulfill their responsibilities to stop this aggression.