Last week, funds have flowed into #Bitcoin, #Ethereum, and #Hyperliquid.

On June 17th, according to Sina Finance, Richard Liu, chairman of JD Group, stated during a sharing session today that JD aims to apply for stablecoin licenses in all major currency-issuing countries around the world. With these stablecoin licenses, JD intends to facilitate remittances between global enterprises, reducing cross-border payment costs by 90% and increasing payment efficiency to less than 10 seconds. Richard Liu pointed out, "Currently, inter-company remittances take about 2 to 4 days on average, with relatively high costs. After completing B2B payments, we will penetrate C2C payments, aspiring that one day everyone in the world can use JD stablecoins for their purchases."

On June 17, according to official information, the DAOBase (BEE) Launchpad is scheduled to become active on MEXC, enabling users to participate in subscriptions at the lowest issuance price. Meanwhile, users who engage in DAOBase (BEE) spot trading on MEXC can avail of 14 days of zero spot trading fees.

On June 17th, according to Bitcoin News, the Brazilian Bitcoin Reserve Bill "PL 4501/2023 or PL 4501/2024" has successfully passed its first committee review. This bill proposes the establishment of a "Sovereign Strategic Bitcoin Reserve," with the allocation of up to 5% of foreign exchange reserves to Bitcoin. Once this bill is implemented, Brazil will become the second Latin American country, following El Salvador, to establish a legal BTC reserve. In March, Pedro Giocondo Guará, the Chief of Staff to Brazil's Vice President, stated that the "Sovereign Strategic Bitcoin Reserve" is of great significance to national prosperity and is a matter of public interest. He referred to Bitcoin as "the gold of the internet."

BlockBeats informs that on June 17th. According to Bloomberg, informed investors disclosed that Musk's artificial intelligence company xAI is in negotiations to raise $4.3 billion through equity financing. The funds previously raised have mostly been used up, and the new funding will be utilized to support the continuous development of its AI chatbot, Grok. Recently, xAI also attempted to raise $5 billion from debt investors to drive aggressive expansion.

On June 17th, based on market data, the stocks of cryptocurrency companies in the US opened mostly in a downward trend, while Circle maintained its upward momentum. The details are as follows: SRM Entertainment decreased by 14.8%. Tron announced yesterday that it would go public through a reverse merger with SRM Entertainment; SharpLink fell by 8.2%. Previously, it spent $463 million to purchase 176,271 ETH, making it the publicly-listed company with the largest holdings of Ethereum; Circle rose by 7.07%; Coinbase declined by 1.89%; Trump Media & Technology Group fell by 0.64%; Tesla dropped by 1.1%; MicroStrategy declined by 2.1%.