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In response to the shutdown of BitMEX, BitMart, and rumors of several CEXs facing shutdowns, Zhao Changpeng stated, "It's too cruel, I hope this is a bottom signal."

According to Jinshi reports, the CME "FedWatch" shows that the probability of the Federal Reserve maintaining interest rates in July is 65.3%, while the probability of a cumulative increase of 25 basis points is 34.7%. By September, the probability of maintaining interest rates is 22%, the probability of a cumulative increase of 25 basis points is 54.9%, and the probability of a cumulative increase of 50 basis points is 23%.

According to Gate market data, U.S. stocks closed lower on Wednesday, with the Dow Jones Industrial Average initially down 0.01%, the S&P 500 index down 0.14%, and the Nasdaq down 0.57%. SpaceX (SPCX.O) fell 6.7%, hitting a new closing low. Nvidia (NVDA.O) rose 2.3%, SK Hynix (SKHY.O) fell 3.8%, Supermicro (SMCI.O) rose nearly 20%, and Dell (DELL.N) rose 9%.The Nasdaq China Golden Dragon Index closed down 1.8%, with NetEase (NTES.O) falling over 6%.

According to The Wall Street Journal, Coinbase Chief Legal Officer Paul Grewal stated that Coinbase has reached a settlement with the U.S. Securities and Exchange Commission regarding a Freedom of Information Act lawsuit, with the SEC agreeing to pay $150,000 and amend its record-keeping policies. The lawsuit revealed that the SEC lost nearly a year’s worth of communications from former Chairman Gary Gensler and other senior officials during the peak enforcement period in the cryptocurrency industry.Coinbase had previously requested documents from the SEC regarding how it applies securities laws to digital assets, but the request was denied, leading to a lawsuit that received court support. The SEC claimed that some text messages were lost due to an automatic data deletion process. Grewal pointed out that the SEC has imposed billions of dollars in fines on financial institutions for similar record-keeping issues.In February of this year, Coinbase also reached a settlement with the Federal Deposit Insurance Corporation regarding another Freedom of Information Act lawsuit. Coinbase stated that this lawsuit revealed that the FDIC had instructed nearly twenty banks to suspend cryptocurrency-related activities since 2022, which subsequently led to congressional hearings and resulted in a court ruling that the FDIC violated federal law.Grewal stated that both lawsuits revolve around government transparency and due process, emphasizing that the American public has the right to know whether regulatory agencies are restricting legitimate cryptocurrency businesses from accessing banking services through non-public means.

According to Jinshi reports, World Bank Chief Economist Gill stated that the global economy is only "a few months" away from the worst-case scenario, at which point global growth will slow to 1.3%, and inflation is expected to rise to 4.5%.

According to Jinshi reports, CME's "FedWatch" shows that the probability of the Federal Reserve keeping interest rates unchanged in July is 84.5%, while the probability of a cumulative increase of 25 basis points is 15.5%. By September, the probability of keeping interest rates unchanged drops to 36%, the probability of a cumulative increase of 25 basis points is 55.1%, and the probability of a cumulative increase of 50 basis points is 8.9%.

According to Gate market data, U.S. stocks opened with the Dow Jones Industrial Average rising 0.27%, the S&P 500 index rising 0.54%, and the Nasdaq Composite index rising 0.8%. Google (GOOG.O) rose 2%, with media reports stating that it is developing new chips to enhance AI model efficiency.The storage sector saw widespread gains, with SK Hynix (SKHY.O), Micron Technology (MU.O), and SanDisk (SNDK.O) all rising 4%, while Western Digital (WDC.O) and Seagate Technology (STX.O) rose about 3%.

According to Jinshi reports, CME's "FedWatch" shows that the probability of the Federal Reserve keeping interest rates unchanged in July is 85.6%, while the probability of a cumulative increase of 25 basis points is 14.4%. By September, the probability of keeping interest rates unchanged is 38.5%, the probability of a cumulative increase of 25 basis points is 53.5%, and the probability of a cumulative increase of 50 basis points is 7.9%.

According to Jinshi reports, the Iranian Fars News Agency quoted sources on the 19th stating that the shipping volume in the Strait of Hormuz has dropped to zero, and as long as the United States continues its provocative actions, the strait will remain closed.Currently, no vessels are passing through the Strait of Hormuz, and any attempts to cross the strait will be met with Iranian retaliation.

According to Jinshi reports, CME's "Fed Watch" shows that the probability of the Federal Reserve keeping interest rates unchanged in July is 85.6%, while the probability of a cumulative rate hike of 25 basis points is 14.4%. By September, the probability of keeping interest rates unchanged is 41.4%, the probability of a cumulative rate hike of 25 basis points is 51.2%, and the probability of a cumulative rate hike of 50 basis points is 7.5%.

According to Jinshi reports, CME's "Fed Watch" shows that the probability of the Federal Reserve keeping interest rates unchanged in July is 88.8%, while the probability of a cumulative increase of 25 basis points is 11.2%. By September, the probability of keeping interest rates unchanged is 48.8%, the probability of a cumulative increase of 25 basis points is 46.2%, and the probability of a cumulative increase of 50 basis points is 5.1%.

CoinGecko officially released the "Q2 2026 Cryptocurrency Industry Report." The report shows that the global cryptocurrency market has declined for the third consecutive quarter, with the total cryptocurrency market capitalization dropping 12.6% (approximately $304.8 billion) in Q2, falling to $2.1 trillion, the lowest level since September 2024. During this period, major assets Bitcoin and Ethereum fell 14.2% and 25.4% respectively, underperforming the US stock market, while Hyperliquid (HYPE) managed to break into the top ten by market capitalization against the trend.In terms of capital flow and trading platform performance, the total market capitalization of stablecoins decreased by 1.6% to $30.51 billion, marking the first contraction since Q3 2023, with USDT's market share slightly rising to 60%. The spot trading volume of centralized exchanges (CEX) plummeted by 27.9% to $1.95 trillion in Q2, with Binance maintaining its dominance at 38.7% market share; in contrast, perpetual contract (Perps) trading showed stronger resilience, only declining 10.0% to $12.7 trillion.Compared to the overall market's weakness, specific niche segments experienced explosive growth in Q2. Driven by major sporting events, the trading volume of prediction markets significantly increased by 48.7%, reaching $113.8 billion, with Kalshi expanding its lead over Polymarket with a 58.9% quarterly market share. Additionally, in the tokenized collectibles sector, Collector Crypt performed impressively, capturing 62.8% of the trading volume share in June, surpassing Courtyard to become the absolute leader in this field.

According to Jinshi reports, TruStage Chief Economist Steve Rick stated in a report that the U.S. PPI data is below market expectations, which is a positive development for the Federal Reserve. He pointed out that this indicates inflation may be gradually approaching the Federal Reserve's target, further reinforcing market expectations that policymakers can maintain interest rates without considering further rate hikes.Although the fight against inflation is not over, the softening price data means the Federal Reserve has taken a step forward in achieving a better balance between price stability and maintaining a healthy labor market.

According to GMGN market data, CASHCAT's market value has fallen below 150 million USD, with a 1-hour decline of 22.05%.

According to Jinshi reports, CME's "FedWatch" shows that the probability of the Federal Reserve keeping interest rates unchanged until July is 63.1%, while the probability of a cumulative increase of 25 basis points is 36.9%. By September, the probability of keeping interest rates unchanged is 28.3%, the probability of a cumulative increase of 25 basis points is 51.4%, and the probability of a cumulative increase of 50 basis points is 20.4%.