Morgan Stanley stated that it is expected that the Federal Reserve will cut interest rates 7 times in 2026, starting from March, with the final rate dropping to 2.5% to 2.75%. 

according to the official announcement, Binance Alpha will become the first platform to list XOCIETY (XO), with trading opening on June 26th. The specific time will be announced later. Eligible users can go to the Alpha activity page to receive airdrops using Alpha points after the Alpha trading opens. Details will be announced on June 26th.

Xiao Feng, the founder of HashKey Group, stated in an interview with Caixin that in the digital economy era, stablecoins pegged to the US dollar are actually tokenizing the US dollar, with the aim of maintaining and advancing the dominance of the US dollar. This strategy combines with the tokenization of US Treasury bonds, making cryptocurrencies the "savior" of US Treasury bonds. The current attitude of the United States is that if bypassing SWIFT (the international financial clearing system) for payment settlement is inevitable, at least do not let it bypass the US dollar; if the tokenization of the US dollar is inevitable, then at least ensure that each US dollar token is based on US assets.

Oasys announced the establishment of an independent legal entity Oasys Korea, which is fully responsible for promoting strategic cooperation, token listing, and local operations in South Korea. This move marks a key transition for Oasys Phase 2, as the project is moving from a chain game public chain to a Web3 platform that integrates with the real economy, focusing on areas such as RWA, entertainment, medical, and tourism.

according to on-chain analyst Ai Yi (@ai_9684xtpa), a certain whale 0xbA7 recharged 4148 ETH (about $10.08 million) to Coinbase an hour ago, and then transferred out 9.1 million USDT, suspected to have been sold.

NEAR Protocol officially stated that the community has initiated a proposal to vote to reduce the fixed annual inflation rate of the NEAR token from 5% to 2.5%, and plans to be able to adjust it flexibly in the future. This vote will end in one of the following two situations:

 according to the official announcement, Binance will remove the following spot trading pairs and stop trading on June 27, 2025 at 11:00 (UTC+8): KAITO/BNB, KAITO/BRL, ZIL/BTC.

according to CryptoQuant analyst Axel Adler Jr, the Bitcoin inflow/outflow ratio (30-day simple moving average) is still at a high level, similar to the level at the start of the bull market at the end of 2023, indicating that market demand for BTC remains strong.

 according to PeShield monitoring, the address marked as Cork Protocol Exploiter 2 has transferred 1410 Ethereum (about $3.4 million) to TornadoCash.

according to PeckShield monitoring, the address identified as Cork Protocol Exploiter 2 has transferred 1410 ETH (approximately $3.4 million) to Tornado Cash.

according to Lookonchain monitoring, the Trump cryptocurrency project WLFI previously spent $1 million to purchase 5.98 million SEI tokens. With the rise of SEI, these assets are currently worth $1.8 million, resulting in a profit of $800,000.

Guotai Junan International (01788.HK) rose more than 100% in the afternoon. Earlier news stated that Guotai Junan International has officially been approved to provide services for trading virtual assets such as cryptocurrencies.

According to crypto analyst Cryptadamist, since Israel launched attacks on Iran, stablecoin issuer Tether has frozen 112 wallet addresses on the Tron and Ethereum networks. These wallets collectively received about 700 million USDT before being frozen. The top 40 wallets are all located on the Tron blockchain founded by Justin Sun. The analysis indicates that Iranian exchanges mainly use USDT on the Tron network.

 according to official sources, GoPlus issued a security alert indicating that the lending protocol Venus Protocol on BNBChain was suspected to have been attacked, resulting in a loss of approximately $2 million, with a large amount of stolen assets including vTokens (such as vUSDT). The reason for the attack is related to MEV and permission management vulnerabilities.

 according to data monitored by Farside Investors, the net inflow of the US spot Ethereum ETF was $71.3 million yesterday.

according to the on-chain analysis platform Lookonchain, the whale address bc1qr9 deposited all of its remaining 1,141 bitcoins (about $121 million) into the Binance exchange in the past hour, making a profit of about $3.4 million.

Gavin Wood, the founder of Polkadot, stated in a recent interview that the collaboration between Ethereum, Solana, and Polkadot is very difficult and faces great resistance, but it is not insurmountable. This is because the market has turned technical issues into a "football league" model, making it impossible to collaborate. If the "network" itself and the "tokens" are completely separated, all tokens can circulate and be used on the network, while retaining their identity and token economic model, but can still achieve interoperability like foreign exchange through floating exchange rates.

On June 25th, China Financial Leasing announced that the original shareholders Lin Shusong and Capital Venture Capital have transferred a total of 121 million shares to the independent third party Longling Capital (the offeror), accounting for approximately 34.96% of the company's total share capital, for a total consideration of HK$46.08 million.

 IDA, a Hong Kong financial technology company, co-founder and member of the Hong Kong Special Administrative Region's third-generation Internet development special task force, Zhu Chengyu, said that the company plans to apply for a Hong Kong stablecoin license. He also revealed that stablecoins in Hong Kong are expected to be used as a tool for cross-border trade and investment settlement.

On June 25th, the market showed that most US stock cryptocurrency concept stocks have seen significant gains since June. During the same period, the total market value of altcoins excluding Bitcoin (total2) has risen from 1.231 trillion US dollars at the beginning of the month to the current 1.304 trillion US dollars, with a 5.93% increase since June. The performance of altcoins this month has diverged from the cryptocurrency concept stocks. The following US stock cryptocurrency stocks have performed well: