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According to The Block, Bitcoin miner revenue continues to decline, with the 7-day moving average dropping to about $30,000,000 per day, down from over $50,000,000 last summer. The contribution from transaction fees has become negligible, at less than $250,000 per day. The current trading price of BTC is about $62,500, significantly lower than JPMorgan's estimated production cost of around $78,000, a gap that has persisted for five months, the longest in this cycle. Production costs have historically been seen as a soft price floor, and currently, about 20% of miners are operating at a loss.Network-level pressure is becoming evident. Over the past six months, the beta value of mining difficulty relative to BTC price has risen to 0.62, with high-cost miners switching off their machines based on price fluctuations rather than continuing to operate at a loss. In the second week of June, difficulty decreased by 10%, marking the second similar adjustment this year. Publicly listed mining companies have sold over 32,000 BTC in the first quarter to cover operating costs, rather than further reducing production capacity.

According to Gate market data, U.S. stocks closed on Wednesday with the Dow Jones Industrial Average initially rising by 0.36%, the S&P 500 index falling by 0.09%, and the Nasdaq down by 0.4%. SpaceX (SPCX.O) fell by 1%, Microsoft (MSFT.O) fell by 2%, and Oracle (ORCL.N) fell by 4.5%. The Nasdaq China Golden Dragon Index closed down by 1.77%, Alibaba (BABA.N) fell nearly 3%, and Bilibili (BILI.O) rose over 3%.

According to Onchain Lens monitoring, two newly created wallets withdrew 35,138 ETH ($58.39 million) from BitGo and Kraken, which may belong to Bitmine.

According to monitoring by Lookonchain, the wallet address 0xf7A4 associated with Arthur Hayes withdrew 44,156 HYPE from Gate one hour ago, worth approximately 2.93 million USD.Data shows that this address has completed two HYPE swing trades in the past two weeks, with a total profit of approximately 508,000 USD.

DeFi protocol Altura's CEO Ranveer Arora announced that due to "unprecedented" withdrawal requests over the weekend, the platform will orderly close its stablecoin yield vault. It is reported that within 24 hours prior to the announcement, Altura processed over 8.5 million USDT in instant redemptions.This wave of withdrawals was primarily influenced by market panic triggered by the severe de-pegging of another yield-bearing stablecoin, Main Street (msUSD). Although Altura officials clarified that they have no direct risk exposure to Main Street, concerns arose in the market because both projects share the same reserve proof service provider, Accountable. Currently, Altura has notified all counterparties and has begun to unwind its strategic funds in exchanges, private credit, and real-world assets (RWA) to ensure that all redemptions can be completed fairly and transparently. It is understood that the total locked value of the vault on HyperEVM once reached 39 million dollars.

According to Onchain Lens monitoring, as the market suddenly dropped, Huang Licheng (@machibigbrother) was forced to close most of his 25x ETH long positions, during which he was partially liquidated.He currently holds a 5x long position of 2,900 ETH, with an unrealized loss of over 35 million USD, and a total loss exceeding 798.7 million USD.

According to on-chain data platform Santiment, the group of addresses holding at least 1,000 bitcoins has seen its total holdings rebound to approximately 7.17 million BTC, accounting for about 35.82% of the circulating supply of bitcoin, the highest level since March 14. Currently, the number of addresses corresponding to this holding range is about 2,044, indicating that the overall holdings of large bitcoin holders have recently increased, and on-chain assets are further concentrating towards a few large addresses.

According to MLM monitoring, 8 months later, the well-known trader Technorevenant still holds all 80 million XPL purchased a few days after the XPL TGE, worth 9.2 million dollars, accounting for 0.8% of the total supply. As the price of XPL has risen in the past few days, its unrealized loss has narrowed from about 91 million dollars at the recent bottom to 86.6 million dollars.

According to official data from Gate, the platform's copy trading ecosystem continued to show strong growth last week. The overall trading volume of CFD copy trading increased by 24.4% month-on-month, with copy trading volume increasing by 39%; the daily average number of new copy trading users grew by 25.8%, and the daily average number of new copy traders increased by 36%. Meanwhile, Gate's contract copy trading business maintained rapid development, with the daily average number of new contract copy trading users increasing by 50% month-on-month, and user participation and trading activity continued to rise.As the industry's first platform to launch contract copy trading and CFD contract copy trading services, Gate has built a copy trading ecosystem covering diverse markets such as crypto assets, metals, foreign exchange, indices, commodities, and popular U.S. stocks, and adopts a HWM (High Water Mark) profit-sharing mechanism, allowing copy traders to enjoy a profit-sharing ratio of up to 20%, creating a fairer and more transparent growth environment for copy trading users and professional traders.In addition, the Gate copy trading platform provides multi-dimensional leaderboards for star traders, steady traders, and potential newcomers, supports one-click quick copy trading and flexible parameter configuration, and helps new users grow rapidly through trader live broadcasts and community activities, continuously practicing the concept of "allowing every user to trade like a professional trader."

According to Cointelegraph, Standard Chartered Bank predicts in its latest research report that by 2030, the locked assets in decentralized finance (DeFi) will reach approximately $2.7 trillion, growing about 37 times from current levels. The report points out that this growth will be primarily driven by the tokenization of real-world assets (RWA) and the migration of crypto-native assets to on-chain protocols.Geoff Kendrick, Head of Digital Asset Research at Standard Chartered, stated that the next round of "structural growth opportunities" in digital assets will come from DeFi protocols, and it is expected that by 2030, the proportion of tokenized assets entering the DeFi system will increase from the current approximately 3.5% to about 30%.Current data shows that only about 3% of stablecoins and 10% of tokenized real assets are actually used in DeFi protocols, indicating significant room for penetration. The report also emphasizes that achieving the $2.7 trillion target will rely on the rapid expansion of tokenized asset scale and a significant improvement in on-chain capital efficiency. Previously, Standard Chartered predicted that by 2028, the scale of tokenized non-stablecoin real assets would reach $2 trillion, with money market funds and U.S. stocks becoming major components.At the infrastructure level, the report mentions that decentralized trading protocols like Uniswap could become important trading hubs for tokenized assets and notes that traditional financial institutions will focus more on security and stability when entering the on-chain market. However, analysts also warn that tokenization does not necessarily lead to increased liquidity, and fragmentation between different chains and asset standards may still limit market depth and unified pricing capability.

According to the official announcement, Bitget has launched a football viewing gift box distribution event for VIP users, open for participation from June 15 to June 30. During the event, users who maintain a formal VIP1 level or above and complete the delivery information registration will have the opportunity to receive a gift box, with limited quantities available on a first-come, first-served basis.This gift box is divided into V1-V3 football viewing gift boxes and V4-V7 premium limited gift boxes, with the premium gift boxes supporting customized exclusive jerseys. The gift boxes will be distributed starting from July 3. If the physical gift boxes are exhausted, the platform will replace them with spot leverage interest reduction coupons. Detailed rules have been published on the Bitget official platform, and eligible users can go to the event page to participate in the collection.

According to the official page, Moomoo under Futu has integrated on-chain perpetual contract market data from Hyperliquid, allowing users to directly view perpetual contract trading data from the Hyperliquid platform within the Moomoo App.

Coinbase has launched "Coinbase for Agents," creating dedicated accounts and sub-accounts for AI Agents, enabling them to trade, manage funds, and make payments on behalf of users. Users can control the AI Agent through natural language commands, such as regularly adjusting their portfolio, executing trading strategies, researching market information, or automatically purchasing assets within a set budget, without the need to manually transfer funds between different wallets.Coinbase stated that this product is built on its AI-related developments over the past year, including the previously launched x402 AI payment open standard and AgentKit. Currently, platforms like Gemini, OKX, and MetaMask are also exploring financial accounts and wallet infrastructure for AI Agents, indicating that the cryptocurrency industry is accelerating its layout for "non-human user" scenarios.

According to official news, Binance announced that the Full Payment Securities Lending (FPSL) service is officially launched, allowing users to earn passive income by lending out stocks. It is reported that FPSL is a common securities lending mechanism in traditional financial markets, usually facilitated by brokers or custodians, which lends out securities held and unused by investors to institutions that need to short sell, arbitrage, or provide market making.

According to on-chain analyst Ai Yi's monitoring, a whale that short-sold ETH by borrowing coins has once again taken profit of 4,386 ETH, earning $233,000. Currently, they are still collateralizing 99.75 million USDT to borrow 23,618.97 ETH for short-selling, with an average price of $1,672; since yesterday, they have accumulated a total profit of 11,386 ETH, realizing a profit of $423,000.

According to on-chain analyst Yu Jin's monitoring, after 8 million STG (2.2 million USD) were withdrawn from Gate, STG rose by more than 40%.After STG was acquired by ZRO, it can only be exchanged for ZRO in one direction, at a fixed ratio of 1 STG = 0.08634 ZRO. The price of ZRO is 0.84 USD, so at this ratio, the corresponding price of STG should be around 0.07 USD, while the current price of STG is 0.36 USD.

According to on-chain analyst Ai Yi's monitoring, the giant whales short-selling ETH by borrowing coins have begun to take profits. From June 8 to June 9, they cumulatively pledged 132 million stablecoins and sold 35,000 ETH at an average price of $1,672.Two hours ago, they withdrew 7,000 ETH from Binance for the first time and repaid an Aave loan, realizing a profit of $190,000, with 28,000 ETH still outstanding.