0XsundayCook

CryptoWorld News reports that WuShuo has learned that the Canadian Financial Transactions and Reports Analysis Centre (FINTRAC) updated its compliance guidelines for financial transactions related to Iran on June 23rd, requiring reporting entities to treat all financial transactions originating from or destined for Iran as high-risk transactions. The guidelines specify that electronic fund transfers and virtual currency transfers involving Iran, regardless of amount, must record the source of funds or virtual currency, the purpose of the transaction, and report to FINTRAC as required.

Crypto界网消息，MaJiHuang Licheng increased his ETH long position by 600 coins, approximately $1,091,400.
The current position size is $6,215,400, with the average price rising from $1,709.74 to $1,712.14.
Current profit and loss is +$51,671.49 (+20.78%), with the current coin price at $1,726.49 and liquidation price at $1,684.32.
This trader previously profited from blue-chip NFTs, but after becoming active this year, he has experienced massive drawdowns since October, with funds shrinking from over a hundred million to several hundred thousand dollars.

Coin World News, officials from the National Development and Reform Commission and the Ministry of Human Resources and Social Security stated in an interview that the "15th Five-Year Plan" for implementing the employment priority strategy has outlined nine key areas of focus, including strengthening macroeconomic regulation with an employment-first orientation, enhancing the coordination of macro policies for employment, implementing stable job retention, expansion, and quality improvement initiatives, adapting to artificial intelligence development to promote employment and entrepreneurship, strengthening industry and employment coordination, stabilizing employment levels in labor-intensive industries, expanding employment capacity in the service sector, tapping into emerging fields to absorb employment potential, strengthening the protection of workers' employment rights, improving the labor standards system and labor relations negotiation and coordination mechanisms, and safeguarding equal employment rights.

CoinWorld News: TotalEnergies CEO: The company’s refinery in Saudi Arabia was attacked by three drones; it is currently operating at only 70% capacity, and full restoration may not be completed until early 2027.

According to Bloomberg, Argentine President Javier Milei's Chief of Cabinet Manuel Adorni stated that he invested approximately $200k in Bitcoin between 2013 and 2018 and made a profit of about $300k in response to allegations of illegal wealth accumulation. Some Argentine crypto industry figures have questioned this, saying they do not know him as a Bitcoin supporter and have never seen him involved in crypto activities. Adorni has recently been scrutinized over his travel, mortgage, and residential funding sources.

CryptoWorld News: Despite facing threats from the four major markets, Bitcoin prices remain resilient, with market participants closely watching central bank decisions, geopolitical developments, and broader risk sentiment. Although concerns about volatility have increased, several indicators show that the bearish momentum in derivatives and spot markets has weakened. Analysts point out that the coming days could be among the most turbulent in financial markets, with key catalysts including potential agreements between the U.S. and Iran, SpaceX's post-IPO performance, Japan's central bank policy decisions, and the Federal Reserve meeting. Market observers focus on monetary policy expectations, foreign exchange dynamics, and broader risk appetite, while technical and on-chain indicators suggest that market conditions have improved following recent deleveraging activities.

CryptoWorld News reports that, according to Reuters, the Zimbabwean government requires businesses engaged in virtual asset trading, transfer, or custody services to register annually with the Financial Intelligence Unit (FIU) and pay a $500 annual fee; operating without registration constitutes an illegal offense.

Non-farm "beats expectations," rate cut expectations cool down again, Bitcoin faces a critical test
The recently released U.S. May non-farm employment data once again poured cold water on the market.
Data shows that U.S. non-farm employment increased by 172k in May, far exceeding the market expectation of 85k, with the unemployment rate remaining around 4.3%. At the same time, previous months' data was also revised upward, indicating that the U.S. labor market remains resilient.
For financial markets, this means the need for the Federal Reserve to cut interest rates in the short term has further diminished.
After the data was released, U.S. Treasury yields rose rapidly, the dollar index strengthened, and the market began to reprice the possibility of "maintaining high interest rates for a longer period." Some institutions even started discussing the risk of another rate hike within the year.
From the performance of the crypto market in the past 24 hours, Bitcoin has been noticeably under pressure. Strong employment data weakened market expectations for liquidity easing, and a high-interest-rate environment is often unfavorable for risk asset valuation expansion. Meanwhile, tensions in the Middle East remain high, international oil prices stay elevated, further increasing the risk of inflation recurrence.
However, from another perspective, strong non-farm data also indicates that the U.S. economy has not shown clear signs of recession. For long-term investors, a stable economic fundamental actually helps restore market risk appetite in the future.
The market's biggest focus has shifted from "whether to cut rates in June" to "whether there will be a rate cut window in October." If employment and inflation continue to stay strong in the coming months, the Federal Reserve may continue to maintain a hawkish stance; conversely, if data begins to cool down, liquidity easing expectations will re-enter the market.
For the crypto market, the next few months may enter a real macro game phase. Short-term volatility may intensify, but based on historical experience, every turning point in liquidity expectations often becomes an important starting point for the next round of market trends.
The current market is no longer about courage, but about who can read the signals released by the Federal Reserve earlier. @Gate 广场

According to Bloomberg, CME Group CEO Terry Duffy stated that he is "very concerned" about the recent approval by U.S. regulators for perpetual futures contracts, believing that such contracts have limited practical use for institutional investors but may expose retail investors to excessive risk. Duffy said he has "serious concerns" about the design of these contracts and disagrees with the CFTC's approval of the first perpetual contracts linked to cryptocurrency prices. The first perpetual contracts approved by the CFTC have been launched by Kalshi. Duffy also mentioned that perpetual contracts and prediction markets reflect a broader retail speculation frenzy and compared it to the risky behaviors seen before the 2007 and 2008 financial crises.

$BTC Tomorrow is the 5th, which marks the pivot that has been workingfor the past 19 months.
Given that sentiment has become increasingly bearish heading into it, there's a possibility that we could see a bounce after the 5th.
If that turns out to be the case, I'd be watching the $68K–$69K region. However, the first step would be reclaiming the $65K range lows before any meaningful move higher can develop.

The Hong Kong Securities and Futures Commission issued a circular requiring licensed institutions to strengthen cybersecurity to address new AI-driven threats, especially online brokerage firms and virtual asset trading platforms, implement robust measures and update them promptly, protect client information and assets, and prevent unauthorized access and misappropriation. The circular lists areas for review and enhancement: patching and vulnerability management, detection and monitoring, incident response and recovery, ensuring the framework operates effectively.