1. The Los Angeles riots continue to ferment. What is the impact on the US economy and the crypto market?

On June 6, 2025, the U.S. Immigration and Customs Enforcement (ICE) arrested more than 40 illegal immigrants in Los Angeles. Trump's move can be seen as the beginning of the Los Angeles riots. Trump sent 2,000 National Guard soldiers to the city, sparking the anger of Democrats. Subsequently, the situation continued to ferment, and Trump ordered another 2,000 army soldiers and 700 marines to be sent to the city. At present, the mayor of Los Angeles has declared a state of emergency in Los Angeles and a curfew has been imposed in downtown Los Angeles. Click to read

2.1confirmation: Stablecoin native applications are about to explode

MakerDAO, Basis, Bridge. In the past decade, 1confirmation has supported some stablecoin projects, some failed, some slightly successful, and some achieved breakthrough progress. These have verified our belief over the years: stablecoins represent one of the first products in the cryptocurrency field that goes beyond speculation and truly fits the market. Click to read

3. Bitwise: What Circle's IPO means for crypto investors

It's not hard to understand why investors are eager to gain exposure to CRCL. Stablecoins have become the "second killer application" in the crypto space after Bitcoin. Over the past five years, stablecoin assets under management (AUM) have grown from $4 billion to $250 billion, and the U.S. Treasury Department predicts that this figure may exceed $2 trillion by 2030 - it's hard to find another industry where the government predicts a 700% growth rate over the next five years. Click to read

4. OP_RETURN expansion controversy re-emerges What exactly is Bitcoin?

On June 9, Bitcoin Core developers plan to release the 30th version of Bitcoin Core software in October this year, which will no longer filter OP_RETURN outputs containing a large amount of non-financial data. This change will increase the default data carrier limit from the current 80 bytes to nearly 4MB, while allowing node operators to manually modify the -datacarrier and -datacarriersize parameters. Click to read

5. The US stablecoin legislation game: welcoming the innovation revolution or sounding the alarm

Since late May, with the key progress in the stablecoin legislation in the United States and Hong Kong, China, the global financial market has set off a new round of craze for cryptocurrencies represented by stablecoins. Click to read