According to TechFlow, data from Coinglass indicates that the open interest for Ethereum (ETH) contracts has reached a record high of 14.9397 million ETH, equivalent to approximately $41.546 billion. This marks a 7.53% increase over the past 24 hours.

According to Cointelegraph, market analysts suggest that the anticipation of Bitcoin reaching new all-time highs might actually hinder its immediate growth. Santiment analyst Brian Quinlivan noted that the widespread expectation of Bitcoin's next peak across social media could indicate that the market is not yet ready for another bullish surge. Historically, markets often move contrary to retail expectations, suggesting that Bitcoin's current sentiment may not support a significant upswing. Bitcoin is currently trading at $109,679, just 2.1% below its all-time high of $111,970, achieved on May 22, according to CoinMarketCap. Over the past year, Bitcoin has increased by 61.32%. Quinlivan mentioned that a series of near misses might lead to a more aggressive upswing, as small traders become impatient and lose optimism. The Crypto Fear and Greed Index, which gauges market sentiment, currently reads a "Greed" score of 72 out of 100. Dr. Sean Dawson, head of research at Derive, expressed skepticism about Bitcoin's performance in the third quarter of this year. Historically, the third quarter has been Bitcoin's weakest, with an average return of 6.03%, while the fourth quarter has been the strongest, averaging an 85.42% return, according to CoinGlass data. Dawson highlighted macroeconomic uncertainty as a key concern, noting that despite political pressure for rate cuts, the Federal Reserve appears likely to maintain interest rates, potentially reducing Bitcoin's appeal for substantial returns. The CME’s FedWatch tool indicates that 99.9% of market participants expect the Federal Reserve to keep interest rates steady at 4.25% to 4.50% on June 18. While Bitcoin's future remains uncertain, Quinlivan pointed out a growing optimism towards Ethereum. He observed that Ethereum has been gaining attention as it recovers from a low of $1,472 on April 9 to $2,793 at the time of publication, according to CoinMarketCap. Despite this recovery, Ether is still down 21.50% over the past year. Quinlivan noted that Bitcoin's recent gains have allowed for profit redistribution, benefiting other market caps, including Ethereum. Dawson also mentioned that overall crypto trading volume might decline in the near term as summer in the Northern Hemisphere leads many investors to take vacations. This seasonal lull could result in sideways movement or sharp pullbacks as traders take profits from earlier gains. This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.

According to PANews, Germany's Financial Intelligence Unit (FIU) reported a record proportion of suspicious activity reports (SARs) related to digital assets last year. Despite a decrease in the total number of SARs submitted by banks and financial service companies following guidance to maintain reporting, notifications involving cryptocurrencies increased by 8.2%, reaching 8,711 reports. The FIU's annual report highlighted that most of these reports involved Bitcoin (BTC), followed by Ethereum (ETH), XRP, Tether (USDT), and Litecoin (LTC). The agency noted that these tokens are often associated with transactions linked to trading platforms, mixing services, or gambling activities.

Bitcoin moves in the “opposite direction of retail’s expectations,” which may lead to a price surge lag, Santiment analyst Brian Quinlivan tells Cointelegraph. source: https://cointelegraph.com/news/bitcoin-underperform-q3-prediction-ether-may-outperform-crypto-analysts?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

DOGE traders stack longs and pull tokens off exchanges, here's why. . source: https://ambcrypto.com/dogecoin-a-25-rally-in-sight-but-first-doge-must-clear-this/

Nasdaq filed a 19b-4 form with the US Securities and Exchange Commission (SEC) to list the 21Shares SUI ETF. The move marks a pivotal step toward bringing a spot SUI ETF (exchange-traded fund) to US markets, even as the network crawls back from recent ecosystem-related woes. Soaring Metrics Strengthen Case for SUI ETF Approval The filing, posted to the SEC’s public register, initiates the formal review process for what could be one of the first altcoin-based ETFs in the US after Ethereum. In a blog, the Sui Foundation said this filing marks the formal start of the US spot SUI ETF review process source: https://beincrypto.com/nasdaq-sui-etf-filing-sec/

Odaily Planet Daily News According to official news, LBank will launch Torch of Liberty (LIBERTY) at 13:10 (SGT) on June 11, 2025, and open the LIBERTY/USDT trading pair. Deposits and trading services will be opened simultaneously at 13:10 (SGT) on June 11, and withdrawal services will be opened at 12:00 (SGT) on June 12.

The CLARITY Act will move to the House floor after the House Financial Services Committee voted to advance the crypto market structure bill in a 32 to 19 vote. source: https://cointelegraph.com/news/clarity-act-passes-house-committee-financial-services?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

Odaily Planet Daily News According to Japanese central bank officials, they are stepping up their calls to push Japan to keep up with the rapid development of digital currencies, which may accelerate Japan's transition to cashless payments, where "cash is king". Japanese government data showed that the country's proportion of cashless payments in 2024 rose to 42.8% from 13.2% in 2010, exceeding the government's target of 40% a year ahead of schedule. Although Japan lags behind the world in payment technology, the increase in cashless transactions is forcing policymakers to ensure that they are ready to adapt to changes in public preferences for payment and settlement methods. This includes the issuance of central bank digital currencies (CBDCs). Kazushige Kamiyama, executive director of the Bank of Japan, said: "Although Japan's banknote issuance is still high, the use of banknotes may drop significantly in the future with the rapid development of digitalization." "Therefore, Japan must consider what measures can be taken now to ensure that its retail settlement system is convenient, efficient, and widely available, while also being secure and resilient." Shinichi Uchida, deputy governor of the Bank of Japan, said that CBDC could become a "key component of infrastructure" that shapes the future of Japan's payment and settlement systems, but he stressed that Japan's demand for cash is not expected to disappear in the short term. (Jinshi)

According to PANews, Japanese central bank officials are intensifying efforts to keep pace with the rapid development of digital currencies, potentially accelerating Japan's transition from a cash-dominated society to cashless payments. Government data reveals that the proportion of cashless payments in Japan rose from 13.2% in 2010 to 42.8% in 2024, surpassing the government's target of 40% a year ahead of schedule. Despite Japan's global lag in payment technology, the increase in cashless transactions is prompting policymakers to ensure they are prepared to adapt to changing public preferences in payment and settlement methods. This includes the issuance of central bank digital currency (CBDC). Kazushige Kamiyama, Executive Director of the Bank of Japan, stated, "Although the issuance of paper currency in Japan remains high, the rapid digitalization may significantly reduce its usage in the future. Therefore, Japan must consider measures now to ensure its retail settlement system is convenient, efficient, universally accessible, secure, and resilient." Bank of Japan Deputy Governor Shinichi Uchida noted that CBDC could become a "key component of infrastructure" shaping the future of Japan's payment and settlement systems. However, he emphasized that the demand for cash in Japan is not expected to disappear in the short term.

Ethereum staking has hit a new record, with nearly 29% of all ETH now locked as the price climbs above $2,700. The rise comes as investors show more confidence and hopes grow for spot ETH ETFs that include staking.

Waseda University found 75% of participants sought emotional advice from chatbots, showing attachment styles similar to anxiety and avoidance. Lead researcher Fan Yang warned such bonds could expose vulnerable users to AI exploitation.

This study analyzes the token lifecycle performance of Binance’s four major listing channels - Alpha, IDO, Futures, and Spot - and tracks their subsequent listings on Bitget, Bybit, Coinbase, and Upbit.

The SEC has asked Solana ETF issuers to quickly update their filings, speeding up the approval process with decisions possible within weeks. This includes allowing staking features, which could boost investor interest and confidence in Solana.

South Korean lawmaker Min Byeong-deok has proposed a bill to expand digital asset regulations, building on the Virtual Asset Investor Protection Act with a focus on stablecoin oversight. The move reflects growing global momentum, echoing efforts like the GENIUS and STABLE Acts.

OpenAI faced a five-hour global outage affecting ChatGPT, Sora, and its APIs, disrupting user access to key tools. As services return to normal, the incident prompts a pressing question: are we becoming too reliant on AI systems we do not fully control?

From a tech giant to a rising political star, Musk's every move has attracted global attention. Is his idea of ​​an "American Party" a sudden whim or a well-thought-out strategy?

Hong Kong, "Hong Kong Stablecoin Ordinance" landed: What opportunities are gold mines? Golden Finance, giants rush to license, the ecosystem is full of gold!

From regulatory fog to institutional entry, how can interest-bearing stablecoins replicate the path of money market fund explosion?

Interest-bearing stablecoins, after studying 100 interest-bearing stablecoins, we found 5 potential coins Golden Finance, stablecoins are becoming a market consensus.