ChainCatcher news, the KOGE team 48 Club stated on the X platform yesterday, "KOGE has been fully released since day one, with no lock-up. Additionally, 48Club has never committed in any form to not sell treasury holdings. Just like Binance never said it wouldn't sell BNB. Please do your own research, and the risk is yours."ChainCatcher previously reported that according to Binance Alpha market data, KOGE briefly fell below $10 and is currently reported at $22.07, with a 24-hour decline of over 64%.

ChainCatcher news, Cryptoquant analyst Darkfost released a market analysis stating that macroeconomics has become the dominant narrative in today's cryptocurrency market. As a result, key indicators such as the US Dollar Index (DXY) and US Treasury yields are now closely monitored by investors, reflecting the overall state of institutional sentiment and global liquidity. When DXY and bond yields rise simultaneously, capital tends to flow out of risk assets. In such an environment, Bitcoin typically experiences pullbacks. Historically, bear markets in cryptocurrencies have often coincided with strong upward trends in yields and DXY.Conversely, when DXY and yields lose momentum, investors' risk appetite shifts towards risk assets. These periods are often associated with monetary easing or market expectations of interest rate cuts by the Federal Reserve, thereby driving bullish sentiment in the crypto market. Notably in the current cycle, there is an unusual decoupling between Bitcoin and bond yields. Despite yields reaching one of the highest levels in Bitcoin's history, Bitcoin continues to maintain an upward trend, especially accelerating when DXY declines. This anomaly suggests a structural shift in Bitcoin's role within the macroeconomic landscape, as it is increasingly viewed as a store of value. This new narrative may be redefining how Bitcoin responds to traditional macroeconomic forces.

ChainCatcher news, according to Protos, Sharplink Gaming, one of the largest Ethereum (ETH) treasury companies, experienced a crash in after-hours trading yesterday, with its stock price plummeting from $33 at the NASDAQ closing bell to below $11 by 8 PM. Two weeks ago, Sharplink's stock (SBET) was valued at $124, meaning it has lost 91% of its value since then.The market panicked over the unexpected announcement of shareholder dilution, while a viral tweet from The Block's Steven Zheng claimed, "Almost all participants in the SBET private placement have sold off all their shares less than a month after announcing the ETH treasury strategy initiative." Alarmingly, Sharplink's trading volume surged to over 10 times the average, with its single-day percentage loss exceeding that of any previous trading day.

ChainCatcher news, according to Streetinsider, Nasdaq-listed company Trident Digital Tech Holdings (Trident) plans to raise $500 million through various means such as issuing stocks, strategic placements, and structured financing tools to establish an XRP treasury (expected to launch in the second half of 2025), and has appointed Chaince Securities LLC as a strategic advisor.The plan will focus on acquiring XRP tokens as a long-term strategic reserve, deploying staking mechanisms to generate returns, and deeply engaging in the Ripple ecosystem.

ChainCatcher news, according to Bloomberg, Hong Kong's Mandatory Provident Fund (MPF) managers have drafted a preliminary plan to reduce their holdings of U.S. Treasuries within three months if the U.S. loses its last AAA credit rating.According to local regulations, funds operating under Hong Kong's HK$1.3 trillion (US$166 billion) mandatory provident fund scheme can only invest more than 10% of their assets in U.S. Treasuries if they are granted a AAA rating or equivalent by a recognized rating agency in the U.S.After Moody's took action to downgrade last month, only Japan's Rating & Investment Information Inc. remains as the sole recognized agency maintaining the highest rating for the U.S. Although R&I stated that it is not considering a downgrade of the U.S. rating, the Mandatory Provident Fund Schemes Authority urged pension fund managers last month to develop "contingency plans" to respond to potential rating downgrades.

ChainCatcher news, according to The Block, U.S. Treasury Secretary Basant stated during a Senate hearing on Wednesday that with legislative support, the market size of U.S. dollar stablecoins is expected to exceed $2 trillion by 2028.Basant said, "I believe that stablecoin legislation backed by U.S. Treasury securities or short-term Treasury bills will create a market that expands the use of the dollar globally through these stablecoins. I think $2 trillion is a very reasonable figure, and I expect it will far exceed that number in the future."

ChainCatcher news, according to Crypto Rover, the U.S. Treasury completed a debt buyback operation on June 10, with a total buyback amount of 10 billion dollars.The settlement date for this buyback operation is June 11, involving bonds maturing between July 15, 2025, and May 31, 2027.

ChainCatcher news, according to Bitcoin Magazine, investment and private credit firm F Street has announced that it has begun adding Bitcoin to its corporate treasury, aiming to accumulate a value of $10 million in Bitcoin.The company started daily Bitcoin purchases using business revenue and treasury funds on June 9. This move is part of a broader strategy to strengthen F Street's capital base and support its real estate lending and investment operations.F Street's Chief Operating Officer Mike Doney stated that Bitcoin provides an effective hedge against inflation and the devaluation of the dollar. The company also plans to establish a public proof of reserves, allowing stakeholders to independently verify the custody of its Bitcoin assets.

ChainCatcher news, according to the official Ripple blog, Ondo Finance's short-term U.S. Treasury token OUSG has officially launched on the XRP Ledger (XRPL). This is the first tokenized treasury product that enables 24/7 subscription and redemption through Ripple's enterprise-grade stablecoin RLUSD. The total locked amount currently reaches $670 million, making it another mainstream institutional-level RWA solution following BlackRock and Franklin Templeton.

ChainCatcher News, White House: Reports regarding U.S. Treasury Secretary Basant being considered as a candidate for the next Federal Reserve Chair are not true.Previously, sources indicated that Powell's term as Federal Reserve Chair is set to expire in 2026. U.S. Treasury Secretary Basant is seen as one of the candidates for the next Federal Reserve Chair. The formal interview process for the next Federal Reserve Chair candidate has not yet begun.

ChainCatcher message, according to Whale Alert monitoring, at 19:02:59 Beijing time, 475 million USDT was transferred from Tether Treasury to Binance exchange, amounting to 475,379,999 USD.

ChainCatcher news, according to Whale Alert monitoring, Tether Treasury has issued 1 billion USDT on the Tron chain.

ChainCatcher news, Galaxy Digital's Head of Research Alex Thorn stated that concerns about Bitcoin treasury companies and their debts potentially becoming problematic are exaggerated. He pointed out that, in terms of overall scale, the debt of these companies is not large, and most of the debt will not mature for more than 2 years.According to data charts from Galaxy Research, as of May 2025, the $650 million maturing in July 2024, the $500 million maturing in September 2024, and the $1.05 billion maturing in February 2025 have been successfully repaid.The data also shows that most of the debts of Bitcoin treasury companies will mature between 2027 and 2030, including $1 billion in December 2027, $2 billion in March 2028, and $3.65 billion in June 2028 (the largest single amount). This data covers multiple companies, including Strategy, Marathon, Riot, Semler Scientific, Marathon Holdings, and H100, with statistics as of May 27, 2025.

ChainCatcher news, according to Globenewswire, Nasdaq-listed biopharmaceutical company Silo Pharma, Inc. (Nasdaq: SILO) announced that its board has approved the purchase of $1 million in Bitcoin as a treasury reserve asset.Silo CEO Eric Weisblum stated, "Incorporating Bitcoin into our balance sheet is a strategic decision aimed at diversifying our assets and including what we believe to be a digital store of value with significant upside potential. Our purchase of Bitcoin is intended to hedge against inflation and is expected to help Silo maintain and optimize long-term shareholder value."

ChainCatcher news, according to the Capital Public Security Legal System WeChat account, the Beijing Municipal Public Security Bureau Legal System Division and the Beijing Equity Exchange (hereinafter referred to as "BEE") have established a cooperation mechanism for the disposal of virtual currencies involved in cases, jointly signing the "Framework Agreement on Business Cooperation for the Disposal of Virtual Currencies Involved in Cases," which includes the disposal of virtual currencies involved in cases under the category of "physical submission."The article states that in response to the frequent occurrence of virtual currency crimes in recent years, and addressing the practical issue of "the inability to directly dispose of and cash out virtual currencies involved in cases within the country" as well as the risks of cross-border disposal, the Legal System Division of the Municipal Bureau and BEE have further expanded the cooperation disposal area. They have conducted thorough research and demonstration on the policies, regulations, and operational pathways for such special case-related assets, exploring a new channel for overseas disposal.That is: Public security organs will entrust the physical disposal of virtual currencies involved in cases to BEE. After accepting the entrustment from the public security organs, BEE will select professional service institutions to conduct operations such as testing, receiving, and transferring the virtual currencies involved in cases, and will publicly cash out and sell them through a compliant licensed exchange in Hong Kong. After fulfilling the national foreign exchange management approval procedures, the converted funds will be transferred to the special account for case-related funds of the public security organs and submitted to the national treasury.Currently, this model has been successfully applied to dispose of virtual currencies involved in a case handled by the Shunyi Public Security Sub-bureau.

ChainCatcher news, according to Bitcoin Magazine, the UK public gold mining company Bluebird Mining Ventures plans to adopt a Bitcoin treasury strategy. The company stated that it will "convert the revenue from future mining projects into Bitcoin."

ChainCatcher news, according to Yahoo Finance, the Secretary for Financial Services and the Treasury, Christopher Hui, stated that in response to the latest developments in the virtual asset market, the Treasury will publish a second policy declaration on the development of virtual assets, outlining the vision and direction for the next steps. This policy declaration will explore how to combine the advantages of traditional financial services with technological innovations in the virtual asset sector, and enhance the security and flexibility of real economic activities. It will also encourage local and international enterprises to explore innovations and applications of virtual asset technology.Christopher Hui pointed out that the Securities and Futures Commission is considering introducing virtual asset derivatives trading for professional investors, emphasizing that robust risk management measures will be formulated. This is expected to further enrich the product options in the Hong Kong market while ensuring that trading is conducted in an orderly, transparent, and secure manner. In assisting fintech companies to expand their business, the Invest Hong Kong is actively collaborating with industry stakeholders to promote in the Guangdong-Hong Kong-Macao Greater Bay Area, helping Hong Kong fintech companies further expand into the mainland market.

ChainCatcher news, according to Jinshi reports, U.S. Treasury Secretary Basent stated that the Biden administration is pushing cryptocurrency towards extinction. Former U.S. President Trump aims to make the United States a hub for digital innovation.

ChainCatcher news, Nasdaq-listed DeFi Development Corp (stock code: DFDV) disclosed that it held 621,313 SOL by the end of May, an increase of +96% compared to 317,273 SOL in April, with the value of the SOL holdings reaching $97.2 million.DeFi Development will continue to implement its Solana treasury strategy in June, promoting the growth of SOL (SPS) and continuously establishing industry benchmarks in the open market.