LittleBitcoinInTheReflection

Coinjie.com news: Japan’s Senate Committee on Financial Affairs and Securities has approved a revised Financial Instruments and Exchange Act, allowing Bitcoin and crypto ETFs, and has adjusted the tax rate for crypto assets to a unified 20% rate to replace the previous highest tax rate of 55%.

Crypto news from Coin World: Bitcoin’s price has broken through $63,700 due to the U.S. June CPI data showing a significant decline in inflation. This rally highlights Bitcoin’s sensitivity to inflation data, which could affect future monetary policy and market expectations.

CoinJie News, James Fickel staked 20,000 ETH 6 hours ago, which is worth approximately $36.09 million at current prices.

Wu said that Michael Nadeau, founder of The DeFi Report, stated that the total on-chain yield of the Ethereum network in Q2 fell to 2.68%, the lowest level on record; at the same time, L1 GDP, DeFi activity, and L2 participation all weakened significantly this quarter. He noted that Ethereum still maintains its lead in stablecoins, real-world assets (RWA), active loans, and ecosystem users, but whether ETH as an asset can gain sustained value accretion from the L2 roadmap still needs support from evidence.

CoinWorld News, according to onchain lens monitoring, Strategy did not add to its Bitcoin holdings last week. Its current total holdings are 847,363 BTC, which are worth approximately $54.98 billion based on the current price, with an unrealized loss of over $12.9 billion.

Tether's tokenized gold product, Tether Gold (XAUT), has been integrated into the crypto lending platform Ledn, and plans to launch XAUT collateralized lending services later this year. Tether stated that XAUT is backed 1:1 by physical gold stored in Swiss vaults, with each token corresponding to 1 troy ounce of gold, currently representing approximately $23 billion in gold reserves. Ledn stated that the XAUT used by users as collateral will continue to be custodied on a 1:1 basis and will not be lent out or used to generate returns. (CoinDesk)

According to FT reports, the U.S. Commodity Futures Trading Commission (CFTC) has launched an investigation into the prediction market platform Polymarket in recent weeks, and the investigation is still ongoing, but the specific focus remains unclear. The report states that Polymarket was allowed to resume limited operations in the U.S. last year, and this investigation places new regulatory pressure on it. As prediction markets grow rapidly, multiple U.S. states and consumer protection organizations are calling for stricter regulation. More than a dozen states have taken legal action against Polymarket and Kalshi, accusing them of operating illegal sports betting businesses.

According to CoinJie.com news, Wu Says learned that Zabi, co-founder of the SUI-based DEX Bluefin, tweeted that Bluewater has acquired Suilend, and Zabi will serve as Suilend CEO. He said that over the coming months, they plan to advance work related to institutional capital, RWA integration, liquidity, and retail lending products within the SUI ecosystem, and noted that several institutional collaborations are already underway. Suilend will continue to operate as an independent platform, retaining its own brand, community, and product direction. Bluefin will also continue to operate independently, and the two will not merge into a single product.

CoinWorld News, Bitcoin price quickly rebounded above $61,000 after yesterday's first drop below the "Bitcoin Power Law," with market sentiment turning bullish.

CoinWorld news: Cointelegraph reports that Notion recently launched Claude-based AI agents that can analyze data, write code, create spreadsheets and slides, collaborate with teams, and hand off tasks to each other.

CoinWorld news, as the price of Bitcoin fell below $61,000, the whale address 0xebe8 chose to close its long position of 800 Bitcoins (worth approximately $48.8 million), incurring a loss of about $1.26 million.

CryptoWorld News reports that ZachXBT disclosed that a user claiming their funds were frozen by Changelly is actually a money mule for an Indian scam gang. The user said they cannot withdraw 5.73 BTC (about $475,000). ZachXBT’s tracking found that the Bitcoin originated from social engineering scams targeting U.S. seniors and Bitcoin ATM thefts, and that related address clusters have stolen more than $1 million since 2025. ZachXBT linked the user to the suspected handler, Mr. Parveen, as well as multiple account holders, and concluded that the user is a money mule suspected of stealing funds.

The CPI data released in the evening seems to have no more room for doubt; can its value go below 3.8? Probably not!
Unless the released value is below 3.8, otherwise it's considered bearish!
Since February, the curve has been rising continuously, hitting new highs again and again.
This probably doesn't need much explanation; the core issue remains the same—it's driven up by the war!
If you insist on using it to make a point, then its only current significance is that it will add fuel to the upcoming Federal Reserve interest rate decision, and it will also cast a shadow over Waller's debut, making the Fed in the Waller era a rollercoaster of highs and lows—no rate cuts, and rate hikes are difficult. #CPI

CoinWorld News reports that, according to Aastocks, NVIDIA CEO Jensen Huang said in Seoul, South Korea on June 8 that AI-related stock prices are extremely cheap, and shareholders should be happy, with even greater upside potential in the future. He said that AI demand will continue to grow and has become a core global infrastructure. NVIDIA and SK Hynix have reached an agreement for more than two years, under which NVIDIA chips will be produced at SK Hynix’s wafer fab and applied to SK Telecom’s AI business. NVIDIA purchases approximately $2 billion worth of products from SK Hynix every year, and the procurement scale is expected to increase significantly in the future.

CryptoWorld News: Israel Defense Forces: Have struck infrastructure used for Iran's missile program.

CryptoWorld News reports that Michael Saylor hints he may increase his Bitcoin holdings and states, "Now is a good time to add more."