ChainCatcher news, based on SoSoValue data, yesterday (Eastern Time June 25) the total net inflow of Bitcoin spot ETFs was $548 million.The Bitcoin spot ETF with the highest net inflow yesterday was the Blackrock ETF IBIT, with a net inflow of $340 million in a single day, bringing the total historical net inflow of IBIT to $51.992 billion. The second was the Fidelity ETF FBTC, with a net inflow of $115 million in a single day, bringing the total historical net inflow of FBTC to $11.762 billion.As of the time of publication, the total net asset value of Bitcoin spot ETFs is $133.561 billion, and the ETF net asset ratio (market value compared to the total market value of Bitcoin) is 6.23%, with a historical cumulative net inflow of $48.143 billion.

ChainCatcher news, according to Coinglass data, the total liquidation across the network in the past hour was 223 million dollars, with long positions liquidated at 218 million dollars and short positions liquidated at 5.84 million dollars.

ChainCatcher news, the US Dollar Index DXY has fallen below 98 for the first time since April 21, with a daily decline of 0.68%.

ChainCatcher news, according to Jinshi reports, Citic Securities research report indicates that cryptocurrencies have good privacy and anti-inflation properties, growing rapidly since their inception, and are gradually being formalized as assets. As the demand for cryptocurrencies expands, it forms a fundamental demand similar to gold, establishing a speculative pricing pattern.However, in the short term, due to insufficient monetization and the high risk appetite of marginal price setters, cryptocurrencies are even more speculative. In the medium to long term, it is expected that both cryptocurrencies and gold will benefit from the monetization brought about by de-globalization and de-dollarization. "Future gold" does not necessarily include Bitcoin, but it is highly likely to include cryptocurrencies. In the short term, cryptocurrencies are expected to benefit from potential regulatory easing during Trump's term, but certainty in trade and foreign policy needs to be awaited.

ChainCatcher news, according to Jinshi reports, the US dollar index DXY broke 99, up 0.26% intraday.

ChainCatcher news, according to The Block, PlatON has successfully integrated the compliant stablecoins XSGD (1:1 pegged to the Singapore Dollar) and XUSD (1:1 pegged to the US Dollar) issued by StraitsX into its network. Users can freely send, receive, and hold XSGD and XUSD on PlatON. With the collaboration of multiple stablecoin issuers and cross-border payment institutions, PlatON will provide richer payment scenarios for XSGD and XUSD, including online and offline payment network access, cross-border remittance services, and stablecoin exchange services.It is reported that StraitsX is a major payment institution authorized by the Monetary Authority of Singapore (MAS). This collaboration with PlatON not only provides high-performance underlying infrastructure for XSGD and XUSD but also, through cooperation with licensed acquirers such as Allinpayintl, builds a complete link from stablecoin issuance, cross-border payments to local consumption, enabling merchants in regions such as Singapore and Hong Kong to accept digital currencies, allowing stablecoins to be used conveniently and securely in online and offline payment settlement scenarios.

ChainCatcher news, according to CCN, the scale of U.S. national debt has surpassed $37 trillion, raising concerns about the dollar's status as the global reserve currency.Coinbase CEO Brian Armstrong recently warned that if the U.S. cannot effectively control debt growth, Bitcoin may replace the dollar as the new reserve currency. This view is supported by Gemini exchange co-founders the Winklevoss brothers, who called for "buying Bitcoin" by citing charts of skyrocketing U.S. debt.Armstrong emphasized, "I love Bitcoin, but a strong America is equally important to the world," calling for fiscal reform. The debt ceiling "X date" is expected to arrive between late August and mid-October, and if the ceiling is not raised in time, the federal government may face spending cuts and payment delays.

ChainCatcher news, former Vice President of the Bank of China Wang Yongli published an article titled "The Accelerated Development of Dollar Stablecoins Brings Profound Warnings," in which he pointed out that the United States is legislating to protect and support the mining and trading of crypto assets, even making it a national strategic reserve. It supports the legal operation of dollar stablecoins and actively seizes the high ground in the fields of crypto assets and stablecoins, enhancing the demand for U.S. Treasury bonds and the international influence of the dollar, which has significant and far-reaching strategic implications. China needs to fully recognize and actively respond to this.Fortunately, Hong Kong is actively promoting the development of Web 3.0 along with crypto assets and Hong Kong dollar stablecoins. Companies from the mainland are also actively participating. The regulatory framework for stablecoins in Hong Kong is leading the world and can provide valuable references for the mainland. It requires high attention and in-depth research from the financial sector, academia, as well as judicial and regulatory departments in the mainland. Consideration could be given to launching an offshore RMB stablecoin in Hong Kong, initially used for overseas crypto asset trading payment and settlement, exploring the development of RMB stablecoins and even digital RMB.

ChainCatcher news, Danske Bank analysts stated in a report that the recent appreciation of the euro reflects the weakness of the dollar rather than the strength of the euro. Due to policy risks in the United States, slowing economic growth momentum, and fragile investor confidence, the dollar still faces the risk of decline. The dollar needs a significant improvement in economic data to regain support. Until this happens, the euro against the dollar will continue to rise.

ChainCatcher news, according to Jin Shi reports, Morgan Stanley Research strategists Vishwanath Tirupattur and Serena Tang stated in a report that the continued weakness of the dollar over the next 12 months is a key theme for Morgan Stanley Research.Vishwanath and Serena said: "We expect the dollar to continue to weaken as U.S. interest rates and economic growth converge with peers." The increase in foreign exchange hedging flows has led to a further rise in risk premiums, which will increase the selling pressure on the dollar. Other safe-haven currencies such as the yen, Swiss franc, and euro are expected to benefit from this.

ChainCatcher news, according to Jinshi reports, Mitsubishi UFJ analyst Derek Halpern pointed out in a report that the Federal Reserve may need to support the economy by cutting interest rates later this year, which could lead to a weaker dollar.He stated that the Fed's pause in rate cuts may last until summer, and the market does not expect another rate cut before September. This means that the Fed may significantly lag behind other G10 central banks in restoring interest rates to a neutral level that neither stimulates nor hinders economic growth. This suggests that the Fed will need to take more accommodative measures, which we believe will become a factor suppressing the dollar later this year.

ChainCatcher news, according to Jinshi reports, the US Dollar Index DXY continues to rebound, rising 10 points in the short term, currently at 99.16.The Euro to US Dollar EUR/USD has dropped 10 points in the short term, currently at 1.3729.The British Pound to US Dollar GBP/USD has fallen nearly 20 points in the short term, currently at 1.3541.The US Dollar to Japanese Yen USD/JPY has risen nearly 40 points in the short term, currently at 143.16.

ChainCatcher news, on May 26 local time, ECB President Lagarde delivered a speech at a forum in Berlin.Lagarde stated that the current dollar-based international monetary system is becoming uncertain, and Europe needs to reform in multiple areas to reduce its impact from changes in the international order. Lagarde further explained that current global multilateral cooperation is being replaced by zero-sum games and bilateral power struggles, with openness giving way to protectionism, and even the cornerstone of this system—the dominance of the dollar—has become uncertain.

ChainCatcher news, according to Jinshi reports, the central parity rate of the RMB against the USD was raised by 86 basis points, reported at 7.1833, the highest since April 2, and the largest increase since January 21. Wang Qing, chief macro analyst at Dongfang Jincheng, analyzed that the recent strengthening of the RMB exchange rate is mainly driven by two factors:The depreciation of the USD has led to a passive appreciation of the RMB against the USD. The market's pessimistic expectations regarding the increase in the U.S. government's fiscal deficit and debt have intensified, causing the USD index to decline significantly again, which is driving a general appreciation of non-USD currencies, including the RMB.Recently, the domestic implementation of more proactive macro policies has enhanced the resilience of the domestic macro economy against external fluctuations, providing intrinsic support for the RMB exchange rate. Wang Qing predicts that in the future, the RMB is more likely to experience a two-way fluctuation process opposite to the USD trend, but the amplitude of fluctuations will be relatively small, and compared to other major currencies, the RMB trend will be more stable.

ChainCatcher news, according to a disclosure by Slow Mist's Chief Information Security Officer @im23pds on X platform, a cryptocurrency user fell victim to a "withdrawal verification code" scam, resulting in losses of up to $1.1 million.The scam method is as follows: the victim receives a text message disguised as a trading platform, claiming that someone has requested a withdrawal verification code and providing a phone number for contact. When the victim calls back, the scammer claims there is a security vulnerability in the system that requires implementing security restrictions. Subsequently, another scammer impersonating a Ledger employee calls, luring the victim to visit a phishing website under the pretext of resolving the security issue, ultimately leading to asset theft.