1. Popular cryptocurrencies on CEXs
Top 10 CEX trading volumes and their 24-hour price changes:
- BNB: +3.42%
- BTC: +3.63%
- ETH: +4.22%
- XAUT: +3.01%
- SOL: +7.11%
- XRP: +4.48%
- ZEC: +7.62%
- BABY: +0.20%
- HMSTR: +6.43%
- WLD: +15.76%
24-hour gainers list (data source: OKX):
- ID: +37.31%
- SPACE: +37.02%
- PYTH: +22.93%
- XPL: +22.88%
- CATI: +20.55%
- ASTR: +19.01%
- CRV: +18.92%
- BASED: +18.52%
- A: +16.50%
- ATOM: +16.48%
24-hour cryptocurrency stock gainers list (data source: msx.com ):
- MNTS.M: +49.03%
- VELO.M: +39.24%
- KORU.M: +36.37%
- SNXX.M: +29.61%
- SATL.M: +25%
- SOXL.M: +23.66%
- YSS.M: +23.53%
- RDW.M: +23.47%
- FLY.M: +23.46%
- MUU.M: +21.83%
2. Top 5 trending on-chain memes (data source: GMGN ):
- FIFA
- 100K
- HUNTER
- CUPS
- Cherry
Headlines
Trump posted on social media that the planned strikes and bombings scheduled for tonight have been cancelled, given that discussions with Iran have been submitted to and approved by Iran's top leadership. The key points of the agreement have been approved in principle by the United States, Israel, Saudi Arabia, the United Arab Emirates, Qatar, Turkey, Pakistan, and other parties. The maritime blockade will remain in place until the agreement is formally implemented, and the time and place of the signing will be announced soon. (Jinshi)
Iranian media: High likelihood of Iran approving the text
According to Iran's Fars News Agency, given that the United States has accepted the text proposed by Iran, the likelihood of it being approved by Iran is high, but Iranian officials have not yet given a final response. (Jinshi)
Trump says the US-Iran agreement is in its final stages and could be signed this weekend.
Trump stated that a "very good deal" had been reached regarding Iran, and the relevant documents are in the final stages of drafting. The agreement is expected to be signed in Europe this weekend, with Vice President Vance scheduled to attend. Trump claimed that the Strait of Hormuz would be open once Iran signs the agreement; Iran has not yet responded. (Jinshi)
In Game 4 of the NBA Finals, the New York Knicks staged a stunning 29-point comeback to defeat the San Antonio Spurs, taking a 3-1 lead in the series. During the game, Polymarket initially showed the Spurs with a 95% probability of winning Game 4, but the Knicks ultimately pulled off the victory, causing significant losses for market participants.
Industry News
Iranian Foreign Ministry: Strait remains closed
An Iranian Foreign Ministry spokesperson stated that the Strait of Hormuz remains closed due to illegal actions by the United States, and ships should exercise caution as there are no safe passage conditions. (Jinshi)
U.S. stocks surged during the session, buoyed by news that the U.S. and Iran were close to reaching an agreement. The Nasdaq 100 index rose by 3.7%, while the Dow Jones and S&P 500 both gained by 2%.
The U.S. Attorney's Office for the Eastern District of Pennsylvania announced the arrest of Ruslan Tkachuk and Alexander Ledenev on suspicion of operating the cryptocurrency money laundering service AudiA6. Since its launch in 2021, the service has received approximately 10,333 bitcoins, worth over $389 million, with at least $19.23 million originating directly from illicit sources such as Dark Web markets and ransomware. The related servers, domains, and Telegram accounts have been seized and frozen in a joint international law enforcement operation.
Report: US users may contribute up to $34 billion in offshore prediction market trading volume
A report by consulting firm Crane Zeng indicates that although offshore prediction market platforms should theoretically block US users, US users may still contribute between $11 billion and $34 billion in trading volume, accounting for 12.5% to 31.5% of the total trading volume in the US prediction market. Polymarket alone may contribute between $11 billion and $27 billion. The report predicts that if market share remains unchanged, US users' annual trading volume in offshore prediction markets could reach $133 billion by 2030. (The Block)
Oracle (ORCL) shares fell more than 10% in pre-market trading after its fiscal year 2027 capital expenditure plan exceeded market expectations.
Several equipment suppliers for SK Hynix have requested price increases.
According to South Korean news outlet ETNews, several Tier 1 equipment suppliers for SK Hynix have requested price increases of 3% to 4%, a rare occurrence, as price negotiations are typically only initiated by raw material and component suppliers due to cost fluctuations. (Jinshi)
Project News
Coinbase has launched "Coinbase for Agents," enabling the creation of dedicated and sub-accounts for its AI Agents, allowing them to trade, manage funds, and make payments on behalf of users. Users can control the AI Agents via natural language commands to perform operations such as portfolio adjustments and trading strategy execution. This product is built upon the previously launched x402 AI payment open standard and AgentKit. (The Block)
LG Electronics to develop new blockchain based on Arbitrum; ARB rises over 5%.
LG Electronics has selected the Ethereum L2 network Arbitrum to develop a new blockchain for the delivery, purchase, sale, and management of digital advertisements, as well as for recording user interactions with ads. Following the announcement, ARB (Arbitrum Blockchain) rose more than 5% in a single day. This is not LG's first foray into blockchain; it previously launched the enterprise-grade blockchain Monachain and the Art Lab NFT marketplace. (The Block)
A Bernstein report states that the 2026 FIFA World Cup will generate up to $10 billion in consumer transactions and over $3 billion in incremental funding for sports betting and prediction markets, potentially becoming a turning point for platforms like Kalshi and Polymarket. Robinhood is leveraging this to commercialize its CFTC-licensed prediction market exchange, Rothera, while Binance, Coinbase, and others are offering World Cup contracts through partnerships. (Decrypt)
Investment and Financing
Digital Asset raises $355 million, led by a16z crypto.
Canton-based internet developer Digital Asset announced the completion of a $355 million equity financing round, led by a16z crypto, with participation from subsidiaries of Abu Dhabi Investment Authority, Apollo Funds, BNP Paribas, Citadel Securities, CME Ventures, Coinbase Ventures, HSBC, S&P Global, and SBI Group. The funds will be used to accelerate partnerships with institutional investors, mergers and acquisitions, and participation in related projects. (The Block)
Neura Robotics raises $1.4 billion, led by Tether.
Neura Robotics announced the completion of a $1.4 billion funding round, led by Tether Investments, with participation from Nvidia, Qualcomm, Amazon, and others. The company plans to produce 5 million AI-driven humanoid robots by 2030, equipping them with Tether-linked digital wallets to enable them to autonomously receive wages and make electronic payments. (Coindesk)
Character voices
When asked at a press conference about the deadline for reaching a final agreement with Iran, Trump said, "I don't want to say a deadline because then you'll say I failed to meet the deadline. But it won't make much difference because the agreement will be signed." (Jinshi)
JPMorgan Chase: The retreat of Bitcoin's "currency devaluation trade" is accelerating.
JPMorgan Chase reported that gold ETFs saw outflows of approximately $20 billion in the week ending June 5th, while Bitcoin ETFs have experienced gradually increasing outflows for four consecutive weeks. Institutions are also reducing their exposure to gold and Bitcoin futures, indicating that the "currency devaluation trade" is rapidly receding. Analysts say that the improvement in the crypto market in the second half of the year still depends on the clarification of dividend arrangements for crypto treasury companies and the approval of the Clarity Act. (The Block)
Coinbase CEO Brian Armstrong announced that Coinbase has been approved to become the first platform in the United States to offer truly global crypto perpetual contracts, bringing global liquidity to American users. He estimates that approximately 50% of perpetual contract trading volume comes from US users accessing overseas platforms via VPNs. This breakthrough will enable interconnectivity between the US and international markets, and he thanked CFTC Chairman and SEC Chairman Paul Atkins for their support.
