Crypto Daku

🇺🇸🇮🇷U.S.-Iran Military Escalation Continues. ➡️ Explosions reported in Sirik, Iran ➡️ U.S. launches strikes near the Strait of Hormuz ➡️ U.S. says it targeted Iranian air defenses, drones, surveillance systems, and mine-laying capabilities ➡️ Iran launches missiles and drones at U.S. military assets in Kuwait ➡️Iran also launches strikes on U.S. military assets in Bahrain, with explosions reported ➡️Trump warns the Iranian regime "will no longer exist" if the U.S. is forced to continue military action

🇺🇸U.S. spot Bitcoin ETFs recorded one of their largest weekly outflows on record. ➡️ Investors withdrew $1.79 billion this week ➡️ BlackRock's IBIT saw significant outflows ➡️2026 year-to-date ETF flows have turned negative

🇮🇳🇷🇺India's Russian oil imports rise in May as refiners boost purchases. ➡️Crude oil accounted for about 83 percent of India's imports from Russia during the month, valued at $5.18 billion, while oil products and coal imports stood at $594 million and $463 million, respectively.

🇺🇸🇮🇷 U.S.-Iran Peace Deal: Key Updates according to reports. ➡️ Signing ceremony reportedly scheduled for June 19 in Switzerland ➡️ UK, France, Germany and Italy are reportedly ready to lift sanctions on Iran ➡️ Iranian state media claims the U.S. agreed to present a $300B reconstruction plan ➡️ U.S. to release $12B in frozen Iranian assets 🕯Bitcoin climbed above $65,000 while oil prices fell over 5% following news of the U.S.-Iran peace deal.

Latest U.S.-Iran War Developments. 🔹 Iran closes the Strait of Hormuz 🔹 Reports say U.S.-Iran negotiations have collapsed 🔹 Trump claims he spoke with Iranian officials and agreed to halt strikes 🔹 Iran launches strikes on Bahrain 🔹 Iran denies talks with Trump and vows counterattacks

🇺🇸 U.S. CPI (YoY) came in at 4.2%, matching expectations and rising from the previous reading of 3.8%, while monthly CPI increased 0.5%, in line with forecasts. 🇺🇸 Core CPI (YoY) rose to 2.9%, matching estimates, while monthly Core CPI came in at 0.2%, below the expected 0.3% and down from the previous 0.4%.

U.S.-Iran Conflict Escalates Across the Middle East. 🔴 Trump confirms Iran shot down a U.S. Apache helicopter near the Strait of Hormuz 🔴 The U.S. launched retaliatory strikes on Iran 🔴 Iran says the helicopter downing was unintentional 🔴 Iran warns it will not leave any U.S. attack unanswered 🔴 Iran claims U.S. strikes hit two water reservoirs, disrupting drinking water supplies 🔴 Iran launched attacks on a U.S. base in Bahrain 🔴 Missiles were fired toward a U.S. military base in Jordan 🔴 Iran also launched strikes toward Kuwait 🔴 Despite the escalation, Trump says an Iran deal remains "close"

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Strategy has purchased 1,550 BTC and increased its cash reserve by $100 million.

Virtuals Protocol Migrates Cross-Chain Stack from LayerZero to Chainlink CCIP 🔹 “For agent infrastructure, 99% security is not enough. As part of hardening our infrastructure, we are upgrading our cross-chain stack from LayerZero to Chainlink CCIP.” Source: https://x.com/virtuals_io/status/2062525455148941497

Bitcoin ETFs saw $1.7B in outflows last week, marking a fourth straight week of withdrawals and the biggest weekly exit in more than a year.