If Bitcoin falls below $105,000, the total liquidation amount of long positions on mainstream CEXs will reach $1.27 billion.

On June 17, European Commission President Ursula von der Leyen declared that the trade negotiations between the EU and the US are advancing. The US and the EU have reached an agreement on a final deadline of July 9. Currently, the EU has a trade surplus with the US, and this situation is likely to persist. (Jin10)

On June 17th, according to HTX market data, Ethereum has dropped below $2500, with a 24-hour decrease of 5.1%.

According to BlockBeats on June 17th, The Block made a report stating that Paul Grewal, the Chief Legal Officer of Coinbase, disclosed that the company is actively seeking a no-action letter or exemption from the SEC. The objective is to launch a blockchain-based traditional stock trading service. Tokenized stocks would allow for T+0 settlement, 24/7 trading, and lower costs. However, U.S. investors are currently prohibited from participating. This move directly poses a challenge to traditional brokers such as Robinhood and Charles Schwab. Meanwhile, Coinbase's competitor Kraken has already introduced xStocks in the EMEA region, offering more than 50 tokenized stocks and ETFs. Coinbase is continuously expanding its non-crypto asset ecosystem after launching a U.S. Amex co-branded credit card and collaborating with Shopify/Stripe on USDC payment solutions last week. In 2021, during its IPO attempt, Coinbase tried to issue tokenized COIN shares, but this was rejected by the SEC. In 2023

On June 17th, AltLayer made an announcement on the X platform that the cross-chain swap of 200 million ALT tokens from BEP20 to ERC20 has been successfully completed, and the total circulating supply of ALT tokens remains the same.

On June 17, the UK-listed company Vinanz announced that it had raised ￡3.58 million (approximately $4.72 million) by issuing a total of 4,000,000 new ordinary shares. The funds will be employed to expand its mining operations and enhance its strategic Bitcoin reserves. CEO Hewie Rattray said: "This fundraising demonstrates the increasing interest of the market in Bitcoin strategies and expedites Vinanz's goal of becoming the leading Bitcoin-focused main board-listed company in the UK." Previously, on May 19, Vinanz purchased 16.9 Bitcoins at an average price of $103,341 per Bitcoin, with a total value of approximately $1.75 million.