CoinNess Global

[Whale addresses with over 1,000 BTC now hold 7.17M BTC] Whale addresses holding at least 1,000 BTC now hold a total of 7.17 million BTC, marking the first time their holdings have surpassed this level since March 14, according to on-chain analytics firm Santiment. This amount represents 35.82% of the current BTC supply. The number of addresses holding over 1,000 BTC stands at 2,044. https://coinness.com/en/news/1160731

[Base launches private transaction feature for enterprises] Coinbase's Layer 2 network, Base, has introduced a private transaction feature for enterprise users. The function is designed to protect transaction information necessary for corporate operations while maintaining the transparency and efficiency of blockchain infrastructure. https://coinness.com/en/news/1160730

[Michigan court rules sports prediction markets outside CFTC jurisdiction] A federal court in Michigan has ruled that sports-related prediction market betting does not fall under the jurisdiction of the Commodity Futures Trading Commission (CFTC), Decrypt reported. The U.S. District Court for the Western District of Michigan denied a preliminary injunction sought by Polymarket against state regulators. The case centers on a dispute where Michigan authorities claim Polymarket's sports prediction betting constitutes illegal sports trading, whereas Polymarket argues it should be treated as a swap product supervised by the CFTC at the federal level. In its decision to deny the injunction, the court expressed that Polymarket is unlikely to succeed in the main lawsuit. https://coinness.com/en/news/1160729

[Kentucky sues Kalshi, Polymarket for 'unlicensed sports betting'] Kentucky Attorney General Russell Coleman has sued prediction market platforms Kalshi and Polymarket for allegedly offering unlicensed sports betting services, CoinDesk reported. The move makes Kentucky the latest state to push back against the expanding prediction market industry. Like other states, Kentucky argues that these event contract-based platforms operate without the necessary state licenses. A statement also noted that related service providers such as Coinbase, Robinhood, and Webull do not offer support systems for gambling addiction. https://coinness.com/en/news/1160728

[BTC falls below $64,000] According to CoinNess market monitoring, BTC has fallen below $64,000. BTC is trading at $63,960.03 on the Binance USDT market. https://coinness.com/en/news/1160727

[Changpeng Zhao: Nations should tokenize stocks, issue own stablecoins] Binance founder Changpeng Zhao argued on X that countries should tokenize their domestic stocks to enable global investors to trade them. He added that nations should also issue their own stablecoins to enhance the utility of their national currencies on the blockchain. https://coinness.com/en/news/1160726

[Fidelity to launch money market fund for stablecoin reserves] Fidelity is set to launch the Fidelity Reserves Digital Fund, a money market fund (MMF) designed to manage the reserves of stablecoin issuers, today, June 18. According to CoinDesk, the fund is structured to meet the regulatory requirements of the ENIUS bill. The launch follows a similar move by State Street, which recently introduced its State Street Stablecoin Reserve Money Market Fund (SSCXX). The outlet noted that traditional financial firms are competing with increasing intensity for the stablecoin market, which has the potential to grow to a multi-trillion dollar scale. https://coinness.com/en/news/1160725 See more: https://coinness.com/news/1160560

[MicroStrategy says its BTC can cover 32 years of dividends] MicroStrategy (MSTR) announced on its official X account that it can cover 32 years of dividend payments using its Bitcoin holdings. The company's perpetual preferred stock, STRC, closed below $90 on June 17, marking an all-time low. https://coinness.com/en/news/1160724

[Fed Chair Warsh declines to say if he has spoken with Trump] Federal Reserve Chairman Kevin Warsh declined yesterday to say whether he has communicated with President Donald Trump since taking office last month. Speaking at a press conference, Warsh said he had no information to provide regarding questions about the president but confirmed he has met with Treasury Secretary Scott Bessent. Warsh added that the weekly meeting between the Fed chair and the Treasury secretary is a long-standing tradition. He said they have met three times so far, with this week being an exception as the secretary is currently overseas. https://coinness.com/en/news/1160723

[US stocks close lower] The three major U.S. stock indices closed lower today. - S&P 500: -1.21% - Nasdaq: -1.34% - Dow Jones: -0.97% https://coinness.com/en/news/1160722

[FIFA uses Avalanche blockchain to combat World Cup ticket scalping] FIFA is leveraging Avalanche (AVAX) blockchain technology to combat the scalping of World Cup tickets. This initiative follows a partnership last year where FIFA collaborated with Avalanche to build its own Layer 1 blockchain. According to CoinDesk, FIFA's Web3 digital collection platform, FIFA Collect, is now operating a new ticketing model with Avalanche and Modex to address issues like bots, ticket fraud, and price gouging. The system, built on the Avalanche Layer 1, assigns two functions to a set number of tickets: a Right to Buy (RTB) and a Right to Ticket (RTT). Buyers can acquire an RTB through FIFA Collect and trade it on a secondary market at market prices. Once used, the RTB converts into an RTT, which can then be used to purchase an official match ticket via FIFA's existing ticketing system. https://coinness.com/en/news/1160721

[Trump says he is fine with Fed's decision to hold rates] U.S. President Donald Trump said he is fine with the Federal Reserve's decision to hold interest rates steady, BlockBeats reported. He added that a future rate hike is a possibility. https://coinness.com/en/news/1160720

[Spot gold price plunges 2% intraday] The price of spot gold has plunged 2.00% in intraday trading to $4,244.31 per ounce. https://coinness.com/en/news/1160719

[Fed Chairman Warsh says no member wants a rate hike] Fed Chairman Kevin Warsh said at a press conference today that no one within the central bank wants to raise interest rates in the short term. Responding to a question suggesting that current data supports a rate hike, Warsh stated that not a single one of the 19 committee members present agreed with that assessment. He added that the committee would reconvene in six weeks to revisit the issue. https://coinness.com/en/news/1160718

[BTC falls below $65,000] According to CoinNess market monitoring, BTC has fallen below $65,000. BTC is trading at $64,996.01 on the Binance USDT market. https://coinness.com/en/news/1160717

[Bitwise CIO: Coinbase can no longer be called a crypto company] Bitwise Chief Investment Officer (CIO) Matt Hougan has stated that the line between traditional finance (TradFi) and cryptocurrency is beginning to blur, U.Today reported. He pointed to Coinbase's recent announcement of its plan to become a comprehensive infrastructure provider with a product suite spanning stocks, derivatives, AI, and consumer finance. Hougan explained that with this shift, Coinbase could no longer be strictly considered a crypto company. https://coinness.com/en/news/1160716 See more: https://coinness.com/news/1160588

[Trump says Iran deal will be signed within 48 hours] U.S. President Donald Trump stated that an agreement with Iran will be signed within the next 48 hours. https://coinness.com/en/news/1160715

[Iran says final agreement with US to be reached in 60 days, deadline extendable] The U.S. and Iran have pledged to reach a final agreement on the text of a Memorandum of Understanding (MOU) within a 60-day negotiation period, Iran's state news agency reported. This deadline can be extended. https://coinness.com/en/news/1160714

[Over $1B in BTC shorts face liquidation above $68.6K] According to data from Coinglass, approximately $1.023 billion in cumulative short positions could be liquidated across major centralized exchanges if Bitcoin surpasses $68,639. Conversely, an estimated $1.009 billion in cumulative long positions face liquidation if the price drops below $62,127. https://coinness.com/en/news/1160713

[Iran: US has promised to lift all sanctions in future negotiations] A spokesperson for the Iranian Foreign Ministry stated that the United States has promised to lift all types of sanctions against Iran through future negotiations, Iran's SNN News Agency reported. https://coinness.com/en/news/1160712