OKX will delist ALCX, NULS, MDT, BORA, CTXC, XNO, VENOM, and RADAR spot trading.

On June 16th, Anatoly Yakovenko, a co-founder of Solana Labs, opposed the latest proposal put forward by the Cardano leadership to convert a portion of their treasury funds into Bitcoin. He stated that this idea is flawed, indicating poor treasury management and sending a wrong message to the Cardano community. He remarked: "Projects should hold 18-36 months' worth of operating funds in short-term U.S. Treasuries, and that's the extent." The controversy stems from a proposal made by Charles Hoskinson, the founder of Cardano, on June 13th, suggesting that the blockchain network could convert $100 million worth of ADA tokens from the treasury into Bitcoin and stablecoins. Hoskinson mentioned that the goal was to enhance Cardano's decentralized finance (DeFi) capabilities and address issues within its stablecoin ecosystem. However, critics believe that the proposal shows a lack of confidence in the ADA token. Crypto trader Aaron Dishner argued that this move could be perceived as Cardan

On June 16th, as monitored by lookonchain, during the past 7 days, the amount of stablecoins (USDT and USDC) on the Tron network went up by 1.38 billion, while the amount on the Avalanche network dropped by 768.6 million.

On June 16th, the U.S. Securities and Exchange Commission (SEC) postponed its decision regarding Franklin's application for a staked spot Ethereum Exchange-Traded Fund (ETF).

BlockBeats reported on June 16, according to The Wall Street Journal. Officials from the Middle East and Europe stated that Iran has been urgently indicating its intention to end hostilities, resume negotiations regarding its nuclear program, and has sent messages to Israel and the United States through Arab intermediaries. These officials said that Tehran has conveyed to Arab diplomats that they are willing to return to the negotiation table as long as the United States does not engage in airstrikes. They also passed on messages to Israel, claiming that maintaining control over violence is in the interests of both sides. However, since Israeli warplanes have been freely flying over Iran's capital and Iran's retaliatory actions have caused minimal damage, Israeli leaders have little motivation to stop their attacks before taking further actions to destroy Iran's nuclear facilities and weaken the control of Iran's "theocratic government" over power. Possibly due to this, Bitcoin saw a

On June 16th, the gains of U.S. stock Circle expanded to 17.89%. It is currently trading at $157.32, and its market capitalization has risen to $35.132 billion.

On June 16th, an advisor for the Trump family's crypto project WLFI stated that WLFI has officially integrated its stablecoin USD1 into the Bitcoin Thunderbolt Network initiated by Nubit. Currently, USD1 is the only stablecoin operating on the Bitcoin network (previously, Tether had suspended the Omni version of USDT). This collaboration has established a fast and efficient channel for the utilization of stablecoins on the Bitcoin mainnet. Users can now directly transfer and receive USD1 on the Bitcoin mainnet and use it to purchase nodes on the Thunderbolt Network. The in-depth collaboration between WLFI and Nubit is expected to significantly expand Bitcoin's application scenarios in stablecoins and payment networks. The USD1 deployed on the Bitcoin Thunderbolt Network is projected to account for more than 90% of its circulation volume. Previously, on April 15th, HSBC's official news revealed that the Bitcoin Thunderbolt Network introduced UTXO Bundling and OP_CAT instructions throu