RektRecovery

[On-chain] On June 15, news reported that Polyhedra published on the X platform, stating that today's price fall is caused by a series of abnormal on-chain transactions of the ZKJ/KOGE trading pair in a very short time. The team is closely following the situation and will share more information as soon as possible, but it wants to emphasize that the foundation of Polyhedra has not been affected, and the project construction will continue as planned.

[Block Rhythm] On June 15, the KOGE team 48 Club stated yesterday that "KOGE has been fully released from day one, with no locking. Also, 48 Club has never committed in any form not to sell the treasury holdings. Just like a certain trading platform has never said it would not sell BNB. Please do your own research, and the risks are yours to bear."
At the time of writing, KOGE has fallen more than 63% in the past 20 minutes and has now recovered slightly to $28.91, with a market capitalization of $97.55 million.

Despite the current Bitcoin price consolidating above $100,000, traders are optimistic about its future performance, believing that the bull run is not over. Analysts predict that Bitcoin could reach $170,000, and the bottom structure indicates a potential breakout target of over $140,000.

Bitcoin Magazine CEO David Bailey pointed out the impact of Bitcoin treasury reserve companies on traditional companies, emphasizing their liquidity advantage. Blockstream CEO Adam Back stated that this is a significant arbitrage opportunity and warned that neglecting it could lead to capital outflow.

[Chain News] The Vietnamese National Assembly approved the "Digital Technology Industry Law" on June 14, which brings digital assets under regulatory oversight. It is reported that this law will take effect on January 1, 2026, recognizing encryption assets and laying the foundation for broader digital innovation across Vietnam. The law categorizes digital assets into two types: virtual assets and encryption assets. Although both rely on encryption or digital technology for validation and transfer, they do not include securities, digital fiat currencies, or other financial instruments. Currently, the task of regulatory agencies is to outline the specific commercial conditions, classifications, and supervision mechanisms for these asset types.

On June 15, according to on-chain data from 【区块律动】, trader AguilaTrades opened a 20x Bitcoin long order again on a certain platform this morning, once reaching unrealized gains of over 1 million USD, which have now narrowed to 110,000 USD, with the current position size reaching 198.96 million USD.
Opening price: 104,976.00 USD
Liquidation Price: 97,276.67 USD

[Chain News] PANews, June 15 - Analysts believe that when the US Dollar Index and Treasury yields rise simultaneously, capital tends to flee risk assets, and Bitcoin typically experiences a pullback in such an environment. Historically, bear markets in crypto assets often coincide with a strong uptrend in Treasury yields and the US Dollar Index. Conversely, when the US Dollar Index and Treasury yields lose momentum, investor preferences shift towards risk assets. These periods are often associated with monetary easing or expectations of interest rate cuts by The Federal Reserve (FED), which intensifies bullish sentiment in the cryptocurrency market.
What stands out in the current cycle is the unusual decoupling between Bitcoin and government bond yields. Although government bond yields have reached the highest levels in Bitcoin's history, Bitcoin continues to show a rise and often accelerates when the dollar index falls. This anomaly suggests that Bitcoin's role in the macro landscape has undergone a structural change. The reason is that,

According to Dune panel data, a total of 225,892 users participated in a trading volume points activity on a certain trading platform Alpha yesterday, with the number of participating users exceeding 220,000 for 8 consecutive days, and the proportion of users with 16 points in trading points exceeds 52%.
It is worth noting that with the recent increase in airdrop thresholds, there has been a growing trend of users with 17 transaction points. The number of users with 17 points first exceeded 1000 on June 3, reached 8359 on June 6, increased to 19186 on June 7, and reported 34481 yesterday.
The number of users at each level yesterday is as follows:
Less than or equal to 10 points: 1573 people;
11 minutes 787 people;
12 minutes 1158th;
13 minutes 3521 people;
14 mins 13865 people;
15 minutes 51032 people;

[Chain News] PANews reported on June 15 that according to the latest data from a data platform, approximately 8345.97 Bitcoins have flowed out of CEX platforms in the past week, with 7779.99 Bitcoins flowing out of Coinbase Pro in the past 7 days, and 5501.72 Bitcoins flowing out of a certain exchange; 5213.83 Bitcoins have flowed into Bitfinex exchange.

[Chain News] Ember Monitoring, trader AguilaTrades has once again gone long on BTC this morning, currently holding a long position worth 200 million USD in BTC. Their holdings are as follows: 20x leverage long order, holding 1894 BTC, position value approximately 200 million USD, opening price 104,976 USD, liquidation price 97,265 USD, currently unrealized gains approximately 910,000 USD. This trader opened a BTC long position on June 9 and cut loss to close the position on June 13, incurring a loss of 12.48 million USD.

On June 14, according to data, the total open interest for Bitcoin futures contracts across the network is 655,010 BTC (approximately 68.63 billion USD).
Among them, the CME Bitcoin contracts have an open interest of 154,450 BTC (approximately 16.17 billion USD), ranking first;
The unclosed position of Bitcoin contracts on a certain trading platform is 112,350 BTC (approximately 11.77 billion USD), ranking second.

[Chain News] According to news on June 14, Philippe Laffont, founder of hedge fund giant Coatue Management, stated at a cryptocurrency summit on a platform in New York that although investors may have hesitated due to Bitcoin's early fluctuations, the volatility of Bitcoin has dropped over time, which means the cost of investing in Bitcoin is decreasing, and the acceptance of Bitcoin by institutional investors is also a sign of the maturity of crypto assets.
In addition, the number of Bitcoin wallets that have held Crypto Assets for at least one month and have sold all their holdings has significantly decreased, indicating that investors are holding Crypto Assets for the long term rather than trading. Of course, at this stage, Bitcoin still occupies a very small proportion of global net assets (approximately $2 trillion out of $50 trillion). If Bitcoin is viewed as a value asset by more people, it must become a more core asset in their portfolios. For those who value Bitcoin,

[Block Rhythm] On June 14, according to data from the data platform, the current total market capitalization of stablecoins across the network is reported at 251.542 billion USD, with a rise of 0.63% over the past 7 days, of which USDT's market share is 62.14%.

Bitcoin has rebounded on high trading volume, currently stabilizing around $105,100, with a slight fall of 0.22% in the past 24 hours. Traders are optimistic about the mid-term bullish outlook, focusing on a pullback at the $106,000 profit-taking level and the $105,000 support level. Market sentiment is influenced by geopolitical tensions.

[Chain News] El Salvador has increased its holdings by 8 Bitcoins in the past 7 days, bringing its total Bitcoin holdings to 6,207.18 Bitcoins, with a total value of 6.52 million USD.

The current Bitcoin sentiment index has fallen to 46%, below the neutral level. Although the price has slightly pumped to $105,000, open interest and net buying volume have not seen significant changes. To restore the rising trend, the index needs to rebound to 60%-65%; otherwise, it may test the range of $102,000 to $103,000.

[Block Rhythm] On June 14, according to monitoring, yesterday the net inflow of the Bitcoin Spot ETF in the United States was 301 million dollars, of which:
BlackRock IBIT: + 239 million USD
Fidelity FBTC: + 25.2 million USD
Bitwise BITB: + 14.9 million USD
VanEck HODL: + 6 million USD
Grayscale GBTC: + 9.1 million USD
Grayscale Mini BTC: + 7.5 million USD

On June 14, 【Block Rhythm】 monitoring showed that a whale address starting with 0x55D has dumped a total of 1692 ETH (approximately 4.31 million USD) in the past 8 hours, with an average selling price of 2547 USD. Among them, 1292 ETH were directly exchanged for DAI, and another 400 ETH were swapped for WBTC.

[Chain News] PANews June 14 - U.S. stocks closed lower on Friday, with the Dow initially down 1.79%, a cumulative decline of 1.32% for the week; the S&P 500 index fell 1.13%, with a cumulative decline of 0.39% for the week; the Nasdaq fell 1.30%, with a cumulative decline of 0.63% for the week. The energy and defense zones maintained their rise, with Houston energy up over 117.79% and U.S. energy up 55.63%. TSL ( TSLA.O ) rose 1.94%.

On June 14, U.S. President Trump stated in a telephone interview with Reuters that it is currently unclear whether Iran still retains its nuclear program after Israel's attack on Iran. Trump said, "The U.S. still plans to hold nuclear talks with Iran on Sunday, but it's uncertain whether the negotiations will still take place. It is not too late for Iran to reach an agreement. I am not worried that Israel's airstrikes will lead to a regional war."