After BTC pulled back, it rebounded slightly. As of June 22, it is temporarily trading at around $64,130. Polymarket is facing a Wall Street Journal investigation, and at the same time, the prediction market open interest has set a record of $1.48 billion. Michael Saylor has once again posted Bitcoin Tracker information, which may include data on additional purchases to be disclosed next week.
Macroeconomic Events & Crypto Hotspots
1、Michael Saylor, founder and executive chairman of Bitcoin treasury company Strategy, published Bitcoin Tracker-related information again over the weekend. According to the previous pattern, Strategy always discloses Tracker-related information about increasing its Bitcoin holdings on the second day after related news is released. In a strategic article, he wrote alongside it: “Adding a few more points looks even better.”
After Strategy slightly sold off Bitcoin in early June, the company has resumed buying and then released its latest announcement. This sell-off drew attention because it broke the company’s long-standing uninterrupted accumulation momentum, but the company later said the sell-off size was small and did not change its Bitcoin investment plan.
2、According to Cryptopolitan, Polymarket is facing a Wall Street Journal investigation, and at the same time, the prediction market open interest has set a record of $1.48 billion, marking a record for the second consecutive week. A Wall Street Journal investigation found that Polymarket paid content creators to post fake trading and profit videos.
Per the Wall Street Journal report, in order to promote its services, Polymarket allegedly bribed social media art creators to post fake trading and profit videos. Polymarket posted a large number of videos on social media that appeared, at first glance, very real, trying to attract users to visit its unregulated website. The Wall Street Journal found that the company set up versions almost identical to its own website and instructed developers to place fabricated bets on these fake pages, while concealing the fact that Polymarket was paying them.
News Roundup
1、Joint statement by Qatar and Pakistan: After the first round of senior-level talks between the US and Iran concluded, the parties finalized a 60-day roadmap
2、Iran’s Ministry of Foreign Affairs: Regarding the safety passage of ships through the Strait of Hormuz, an agreement has been reached on the relevant mechanism
3、Taiko: Chain state validation mechanism was hacked; advises users to withdraw funds immediately from the relevant cross-chain bridges
4、SpiderPool mined an empty block at Bitcoin block height 954,352
5、Taiko ERC20 Vault attacked, losses exceeding $1 million
6、The first round of US-Iran negotiations has ended
7、Hong Kong Investment Committee: Male virtual asset investors love to “fight confidently,” while female investors tend to be “trend-following yet cautious”
8、Blackerock’s Bitcoin yield-based ETF controversy heats up: Strategy design may have flaws, and in the long term it may underperform BTC
Market Performance
1、Latest Bitcoin update: <a data-currency='BTC' href='/trade/BTC_USDT'>$BTC After pulling back, it rebounded slightly, temporarily at around $64,130. In the past 24 hours, liquidations totaled $37.54 million, with long positions as the main liquidation;
2、US stocks on June 18 closed broadly higher, driven by the AI infrastructure boom. The Nasdaq Composite jumped 6.42%. Micron and Nvidia surged strongly. This also lifted TSMC ADR up 6.94%, UMC ADR up 10.66%, and ASE Technology ADR up 8.33%. All four major indices closed higher on a weekly basis, with the Nasdaq Composite performing the strongest, up 7.26%. However, US President Trump once again made tough remarks toward Iran, vowing that if necessary, the US would take control of the Strait of Hormuz and levy a fee on crude oil transportation, adding geopolitical uncertainty to the market.
（Source: Gate）
3、In the Gate BTC/USDT liquidation map, using the current 63,477.80 USDT as the reference: if it falls to around 62,657, the cumulative amount of long-position liquidations would exceed $273 million; if it rises to around 64,603, the cumulative amount of short-position liquidations would exceed $189 million. The liquidation amount for shorts is significantly lower than for longs; it is recommended to manage leverage levels reasonably to avoid triggering large-scale liquidations during market fluctuations.
（Source: Coinglass）
4、Within the past 24 hours, BTC spot inflows were $1.19 billion, outflows were $1.25 billion, resulting in net outflows of $0.6 billion.
（Source: Coinglass）
5、Within the past 24 hours, contract trading net outflows led for $ETH, $CL, $LAB, $MNT, $XAU and others, indicating trading opportunities.
Selected Views from X KOLs
Phyrex Ni（@Phyrex_Ni）：“The negotiations between the US and Iran continue to be full of hardships. Even after the draft is passed, the talks in Switzerland are still paused. One reason is that Israel continues to attack Lebanon, and the other is that Trump continues to post tough words on social media—especially about the Strait of Hormuz. Trump even said that if negotiations with Iran fail, the US would take the Strait of Hormuz by force, and then subsidize the US’s actions through a pay-per-use/fee arrangement.”
“This whole thing is kind of funny. Leaving aside whether Trump is just talking tough, if the US starts not attacking Iran, then it would be fine. Later, blocking Iran’s ports did indeed make Iran uncomfortable, which led to the peace negotiations—especially opening the Strait of Hormuz, which is a key point of the peace talks. Before it was actually opened, the US withdrew its troops, and now it’s being blockaded again. Weren’t all the earlier efforts wasted?”
“Sometimes I really can’t make sense of Trump. If you want to be tough, be tough from beginning to end. Every time it’s TACO. Don’t say we people in the stands have already been ‘crying wolf’—Iran doesn’t even take the US seriously anymore. This time, the 14 clauses were also heavily criticized by the Democrats. The most complicated part is that after all this time, they still can’t get it done. After this time, who knows what other twists and problems might happen. Now Iran is not planning to continue negotiations. Let’s see what Trump will do.”
“I’m not worried about oil prices. If they rise above $85, I’ll start continuing to chase short positions. It’s already very clear now that oil prices can’t stay at high levels for the long term.”
“Nothing much to say about weekend Bitcoin. It was basically within expectations. But on Monday, it may be affected by the US and Iran. Still, you can clearly see that investors’ purchasing power around $60,000 is quite strong. On the weekend, MSTR also said it bought more $BTC again, which should help ease investors’ concerns about future STRC bringing financing difficulties for ATM.”
Outlook for Today
1、Canada May consumer price index (year-over-year); prior value 2.8%
2、Canada May core consumer price index—most commonly used index (year-over-year); prior value 2.5%
3、ECB President Lagarde delivers remarks at the European Union parliament
