Affected by the fluctuating situation in the Middle East, the price of Bitcoin fell back to approximately $76,000. Previously, Iran's announcement of opening the Strait of Hormuz triggered a surge in risk assets and a massive short squeeze, but the subsequent re-closure of the strait caused a rapid reversal in market sentiment. Data shows that this round of price action triggered one of the largest liquidation events since 2026, with approximately 168,336 traders liquidated, totaling $762 million, of which short positions accounted for approximately $593 million, nearly three-quarters. During the upward phase, crude oil prices fell by nearly 10%, pushing Bitcoin above the key resistance level of $76,000 to $78,000; however, as the Strait of Hormuz returned to military control, several oil tankers turned back, risk aversion increased, and prices subsequently fell. Structurally, this rise was driven by a long-term negative funding rate, with short sellers continuously paying the costs of long positions, accumulating conditions for a squeeze. Despite the short-term pullback, Bitcoin still maintained a weekly gain of approximately 4.5%, while Ethereum and other mainstream assets performed relatively more steadily. Market focus is now shifting to the key support level of $76,000. A weekly close above this level could maintain the breakout structure; a break below could see the price return to the trading range that has existed since March. (CoinDesk)

Key Takeaways US-Iran negotiations remain the biggest market risk next week.Oil prices and the Strait of Hormuz situation will continue to influence risk sentiment.Markets are increasingly pricing in Fed rate cuts later this year.Investors will closely watch economic data, including retail sales, jobless claims and PMI readings.Potential Fed leadership changes could also affect expectations for monetary policy. Middle East Tensions Remain the Main Market Driver Global markets rebounded over the past week as investors priced in a lower probability of a major escalation in the Middle East. Temporary optimism emerged after Iran signaled that the Strait of Hormuz would remain open, which pushed oil prices lower and boosted risk assets including equities and crypto. However, that optimism faded after Iran later indicated that the strait remains under military control and the US maintained its blockade on Iranian shipping. Markets have shifted from pricing in immediate escalation toward pricing in a potential de-escalation path, but sentiment remains fragile. The key question next week is whether negotiations between the US and Iran continue to progress. Donald Trump indicated that discussions may continue over the weekend and warned that if no agreement is reached by next Wednesday, the ceasefire could collapse and conflict could resume. Iran remains cautious, particularly around issues related to uranium enrichment and sanctions relief. Any signs of renewed conflict could quickly push oil prices higher again and pressure equities, crypto and other risk assets. Fed Expectations Are Becoming More Important Falling oil prices over the past few sessions have reduced some inflation concerns, which has helped lift expectations for Federal Reserve rate cuts later this year. Markets are currently pricing around a 60% probability of at least one Fed rate cut in 2026. Attention will also turn to potential changes in Federal Reserve leadership. Next week, Kevin Warsh is expected to testify before the Senate. Investors will be watching closely for any dovish comments on: InflationInterest ratesEconomic growthFinancial conditions A more dovish tone could support risk assets such as Bitcoin, equities and gold. Key Economic Events Next Week Tuesday US March retail sales data Thursday US weekly initial jobless claimsPreliminary April S&P Global Manufacturing PMIPreliminary April S&P Global Services PMI Friday Final April University of Michigan Consumer Sentiment IndexFinal April one-year inflation expectations These reports will help investors assess whether the US economy remains resilient or whether higher oil prices and geopolitical uncertainty are starting to weigh on growth. What Markets Will Watch Most Closely In the near term, markets are likely to remain driven by three main themes: US-Iran negotiations and the risk of renewed conflictOil price direction and the status of the Strait of HormuzFederal Reserve policy expectations and any changes in leadership tone For crypto markets, continued stabilization in oil prices and a more dovish Fed outlook would likely remain supportive for both Bitcoin and Ethereum.

OKX market data shows that RAVE briefly fell by more than 50%, and is currently trading at 10.9 USDT.

Stablecoins are exhibiting characteristics similar to fragmented foreign exchange markets, according to Eco CEO Ryne Saxe. According to NS3.AI, Saxe highlighted that the stablecoin sector, valued at over $320 billion, is experiencing liquidity fragmentation across various chains and pools. He noted that executing larger transfers often necessitates multi-route execution. Additionally, research by Borderless revealed that pricing discrepancies at the provider level within the same corridor can surpass hundreds of basis points.

Laws, regulations, policies, and the massive removal of encrypted apps: Google Play's death knell heralds the end of the era of unlicensed, unregulated apps. This isn't targeting any one app store, but rather a global purge of app stores.

Former U.K. Prime Minister Liz Truss, who held office for 45 days in 2022, has expressed a keen interest in Bitcoin. According to NS3.AI, Truss highlighted concerns about the U.K. economy, citing issues such as currency debasement, weak growth, regulation, taxation, and increasing state control as contributing to a "very negative trajectory."

The discussion surrounding XRP's potential price target of $50 has gained momentum following a social media post that connected Ripple's projected $33 trillion stablecoin volume to future demand for XRP. According to NS3.AI, this projection has sparked debates among investors and analysts about the cryptocurrency's future valuation. Geoffrey Kendrick from Standard Chartered has forecasted XRP to reach $8 by 2026 and $28 by 2030, adding further intrigue to the ongoing conversation.

Former UK Prime Minister Liz Truss has voiced criticism of central banking practices while defending her controversial mini-budget. According to CoinDesk, Truss suggested that incorporating Bitcoin and discussions at the CPAC UK conference could serve as catalysts for economic reform. Truss's mini-budget, which faced significant backlash, aimed to stimulate economic growth through tax cuts and increased public spending. However, it was met with skepticism from financial markets and political opponents, leading to its eventual withdrawal. Truss argues that the current central banking system is flawed and that alternative financial systems, such as cryptocurrencies, could offer solutions to existing economic challenges. She believes that Bitcoin, with its decentralized nature, could play a role in reshaping financial systems and promoting economic stability. The CPAC UK conference, known for its focus on conservative policies, provides a platform for discussing such reforms. Truss's comments highlight ongoing debates about the role of traditional financial institutions and the potential of digital currencies in shaping future economic policies. Her stance reflects a growing interest in exploring innovative approaches to address economic issues, despite the controversies surrounding her previous fiscal policies.

According to Al Jazeera, when asked about a possible new round of negotiations with the United States, Iranian Deputy Foreign Minister Saeed Khatibzadeh stated that talks could not proceed until both sides reached an agreement on a common framework. "We cannot set a date for negotiations until we reach an agreement on a framework," Khatibzadeh said. He emphasized that anything Iran agrees to in the negotiations must uphold its rights under international law. Iran will not accept being an exception to international law, nor will it relinquish its rights. (Jin Shi)

Key Takeaways US spot Bitcoin ETFs recorded nearly $1 billion in net inflows last week.The inflows marked the strongest weekly performance since early January.Bitcoin briefly moved above $77,000 before pulling back below $76,000.ETF demand continues to provide support despite renewed geopolitical volatility. Bitcoin ETFs Record Strongest Week in Months US-listed spot Bitcoin ETFs attracted roughly $996 million in net inflows last week, marking their strongest weekly intake in more than three months. The inflows reflect improving investor sentiment toward crypto despite continued geopolitical uncertainty and volatility across global markets. Friday alone saw approximately $664 million in inflows, making it the strongest day of the week. Other notable inflow days included: Tuesday: $411.5 millionWednesday: $186 millionThursday: $26 million The week began with a $291 million outflow on Monday before sentiment quickly reversed. ETF Assets Climb Above $100 Billion Total assets under management across spot Bitcoin ETFs rose back above $101 billion by the end of the week. Trading activity also increased significantly, with daily ETF volumes nearing $4.8 billion. The renewed ETF demand suggests that institutional investors continue to accumulate Bitcoin despite the market’s inability to sustain a breakout above recent highs. Bitcoin Pulls Back Below $76K Bitcoin briefly rallied above $77,000 after news that Iran had reopened the Strait of Hormuz during the ceasefire period. However, BTC later pulled back below $76,000 after reports emerged that Iran had once again tightened control over the waterway, causing oil prices to rebound and risk sentiment to weaken. Bitcoin is now trading below $76,000 and remains trapped within a broader consolidation range between roughly $72,000 and $76,000. Markets Continue Pricing in Iran Developments Investors are increasingly reacting to shifts in geopolitical tensions rather than the existence of the conflict itself. Signs of temporary de-escalation between the US and Iran initially improved risk appetite and weakened the US dollar, helping support Bitcoin and ETF inflows. However, renewed uncertainty around the Strait of Hormuz has prevented Bitcoin from sustaining its recent breakout attempt. Key Bitcoin Levels to Watch Bitcoin remains range-bound for now. Key levels include: Resistance near $76,000–$77,000Major upside target near $80,000Near-term support around $72,000Stronger downside support near $70,000 ETF demand continues to act as an important source of support, but Bitcoin may need a clearer improvement in macro conditions before it can break out decisively.

Key Takeaways Strategy wants to shift STRC preferred stock dividends from monthly to semi-monthly payments.The change would not affect STRC’s 11.5% annual dividend yield.Management says the goal is to reduce volatility, improve liquidity, and increase investor demand.If approved, the first semi-monthly dividend payment would be made on July 15. Strategy Looks to Increase Dividend Frequency Strategy has filed a proposal that would allow its STRC “Stretch” preferred stock to pay dividends twice per month instead of once per month. The company said the move is designed to make the preferred shares more stable and attractive to investors without changing the total annual payout. Dividend Yield Remains Unchanged The proposed adjustment would not affect STRC’s current annual dividend rate of 11.5%. Instead, shareholders would simply receive smaller payments more frequently. According to Executive Chairman Michael Saylor, the change is intended to: Stabilize the stock priceReduce cyclical trading swingsImprove liquidityIncrease investor demand STRC Has Become One of Strategy’s Most Popular Products STRC has quickly become one of Strategy’s most successful financing vehicles. Outstanding value in the preferred stock has grown to approximately $6.4 billion, reflecting strong investor demand for high-yield exposure tied to Bitcoin-related assets. The company noted that volatility in STRC has already declined significantly: Average volatility was around 13% during the first eight months after launchVolatility has since fallen to roughly 2.1% over the last two months Management believes semi-monthly dividend payments could reduce volatility even further. Key Dates to Watch Shareholders are expected to vote on the proposal by June 8. If approved: The first semi-monthly payment would be made on July 15Future dividends would likely be distributed every two weeks Strategy Shares Rise Alongside Bitcoin Strategy shares climbed nearly 12% as Bitcoin rallied back toward $77,000. The strong performance reflects continued investor enthusiasm for Bitcoin-related equities as crypto prices recover.

Golden Weekly is a weekly blockchain industry summary column launched by Golden Finance, covering key news, market and contract data, mining information, project updates, technological advancements, and other industry dynamics.

In her daily work, Attorney Shao comes into contact with many cryptocurrency KOLs and consultants who offer paid knowledge services, mainly providing instruction or sharing on "how to invest and trade virtual currencies".

This episode of the Empire podcast, hosted by Jason Yanowitz and Santi, focuses on Hyperliquid's institutionalization process, signs of regulatory deregulation, and market structure differentiation.

Binance Life, Changpeng Zhao, Binance Life: A 15x Rise to a New High – Three Lifesaving Moments from an Artificial Bull Market (Jinse Finance), Bringing Long-Awaited Volatility to Altcoins.

Jeff Park believes that for young people, from unaffordable housing to AI replacing an entire generation of jobs, the financial system has completely collapsed.

This is a slow and steady process: integrating new competencies into the existing system. It signifies an awareness—to govern the future of the dollar, one must first understand the language that is writing that future.

The AI ​​world exploded this morning! DeepSeek, which has never sought funding before, announced for the first time: seeking a $10 billion valuation and raising $300 million. With V4 just around the corner, boasting trillions of parameters and Huawei's Ascend technology, even Jensen Huang (Edwards' founder) is worried!

Eight functional points. Break them down one by one. Behind each one lies the funeral of an entire industry chain. This isn't an emotional statement; it's business logic.

Jinse Finance launches the "Jinse Web3.0 Daily," providing you with the latest and fastest news on MEME, DeFi, DAO, NFT, and the metaverse industry.