24H Hot Coins & Headlines｜Trump says he will strike Iran again; Robinhood director increases stock holdings by nearly $20 million, HOOD rises 6.67% (June 11)
- Key Takeaway: The cryptocurrency market shows overall weakness, with most of the top ten coins by trading volume declining, although individual tokens like HMSTR surged over 50% against the trend. On the macro front, Trump's remarks on striking Iran and SpaceX's upcoming massive IPO could bring short-term pressure to Bitcoin, while industry security incidents and regulatory developments warrant attention.
- Key Factors:
- Divergent Market Performance: Among the top ten coins by CEX trading volume, all declined except for a slight increase in BTC, with WLD falling -11.50%. Meanwhile, HMSTR surged +50.66% in 24 hours driven by news catalysts.
- Macro Bearish Pressure: Trump reiterated striking Iran, raising geopolitical risks; analysts believe SpaceX's IPO, with an estimated valuation of approximately $1.77 trillion, could divert market funds, becoming a short-term pressure source for Bitcoin.
- On-chain Security Incident: An old liquidity pool on Solana's Raydium protocol was attacked, resulting in the theft of approximately $1.34 million in assets; the hacker has already mixed the funds through Tornado Cash.
- Technology Application Progress: Mastercard launched an AI payment protocol called "Agent Pay for AI," allowing AI agents to make micropayments through blockchain-recorded permissions, initially operating on the Polygon network.
- Industry Regulatory Trends: The U.S. CFTC has initiated a public consultation to establish a structured evaluation framework for prediction market contracts, aiming to balance market integrity and innovation.
1. Popular CEX Tokens
CEX Trading Volume Top 10 and 24-Hour Change:
- BNB: -0.94%
- BTC: +0.22%
- ETH: -1.21%
- XAUT: -3.64%
- SOL: -2.42%
- XRP: -3.39%
- ZEC: -4.76%
- BABY: -1.76%
- HMSTR: +50.66%
- WLD: -11.50%
24-Hour Gainers (Data from OKX):
- HMSTR: +44.45%
- KAT: +20.43%
- DEGEN: +18.94%
- ASP: +13.67%
- OL: +10.12%
- FLUID: +9.06%
- ID: +8.05%
- WLFI: +7.72%
- ZEUS: +7.01%
- ZAMA: +6.48%
24-Hour Stock/Crypto Gainers (Data from msx.com):
- MPU.M: +46.24%
- TGL.M: +26.85%
- VELO.M: +16.73%
- AAOX.M: +12.67%
- SOXS.M: +11.21%
- GLL.M: +8.69%
- TSLQ.M: +7.78%
- NVDQ.M: +7.46%
- AXTI.M: +7.45%
- AMC.M: +7.22%
2. Top 5 On-chain Meme Coins (Data from GMGN):
- FIT
- Lyhanna
- LMAO!
- Moon
- USDUC
Headlines
Trump: US Will Strike Iran Again
Trump stated that the US conducted strikes on Iran yesterday and will do so again today, claiming that Iran has agreed not to possess nuclear weapons and only needs to sign the documentation. (Jin Shi)
Robinhood Director Buys Nearly $20 Million in Stock, HOOD Rises 6.67%
Robinhood Director Meyer Malka purchased an additional 250,000 shares of HOOD at approximately $81, bringing his total holdings to 8 million shares. He has accumulated over $50 million in purchases over the past week. Driven by this, HOOD rose 6.67% on the day to $89.36.
US Senator Seeks SEC Delay of SpaceX IPO
US Senator Elizabeth Warren has called on the SEC to delay SpaceX's IPO and seeks to review the company. (Jin Shi)
Industry News
SpaceX IPO Could Be a Source of Short-Term Pressure on Bitcoin
Analysts believe that SpaceX's upcoming IPO (proposed price of $135 per share, raising $75 billion, with a valuation of approximately $1.77 trillion) may prompt some investors to sell crypto assets to free up capital for participation, becoming a source of short-term pressure on Bitcoin. Meanwhile, platforms like Hyperliquid and Binance have already listed SpaceX-related perpetual contracts and tokenized stocks, and the IPO hype could also drive on-chain trading volume. (The Block)
CFTC Chairman Mike Selig announced a request for public input to establish a structured framework for evaluating the types of events underlying prediction market trading contracts, aiming to provide long-term transparent regulatory guidelines. He emphasized that this will not be the final rulemaking on prediction markets and that the agency will continue to seek a balance between market integrity and supporting innovation.
Suspected Attack on an Old Liquidity Pool on Raydium, Approximately $1.34 Million in Assets Stolen
On-chain security researcher Specter disclosed that an old liquidity pool on the Solana DeFi protocol Raydium was attacked, resulting in the theft of approximately $1.34 million in assets (including USDC, RAY, and wSOL). The hacker has bridged the funds to Ethereum and deposited them into Tornado Cash for mixing.
CryptoQuant: Bitcoin Bottom Likely Near $53,600, Demand Remains Clearly Weak
CryptoQuant indicates that Bitcoin may form a bottom near approximately $53,600 (the current realized price). Historically, bear markets have often bottomed out around this level. However, the report emphasizes that the current demand environment is "extremely unfavorable," and a true bull market recovery requires a significant demand uptick, a sign not yet evident in on-chain data. (The Block)
Project News
Mastercard Launches AI Payment Protocol "Agent Pay for AI" for Direct AI-to-AI Payments
Mastercard has launched an AI payment protocol called "Agent Pay for AI," enabling AI agents to make small payments to each other (e.g., paying for on-demand data access). The protocol uses blockchain to record the operational permissions granted to AI agents by humans. Initially, permission information will be stored on the Ethereum-based Polygon network. Adyen, Coinbase, and Cloudflare participated in its development. The company anticipates this protocol will become a new addressable market within the next five years. (Fortune)
Helius announced the acquisition of Light Protocol, which will refocus on developing Solana privacy solutions. Combining its zero-knowledge (ZK) cryptographic capabilities with Helius's infrastructure strengths, they aim to develop ZK privacy protocols for private payments and private DeFi. Helius plans to open up the related infrastructure to developers in the coming months. (The Block)
TradeXYZ issued a clarification regarding the SPCX pre-market contract, stating that the product is a price-based perpetual contract tracking a single stock price. The total number of shares and the company's market cap are not pricing input parameters. The share count previously shown in the documentation was merely a teaching example and has now been removed. Once SpaceX completes its IPO and sufficient external price data is available, SPCX will switch to a standard external oracle for pricing.
Fundraising
Tether Investments, a subsidiary of Tether, announced it is leading a Series C funding round for humanoid robotics company NEURA Robotics, with a size of up to $1.4 billion, setting a record for private fundraising in robotics and physical AI. Tether CEO Paolo Ardoino stated that they will provide robots with both financial and intelligent capabilities through WDK and QVAC, enabling them to independently execute tasks and complete transactions.
AI infrastructure startup TensorWave completed a $350 million Series B funding round at a post-money valuation of $1.55 billion. The funds will be used to expand its global AI infrastructure powered by AMD. (Zhitoong Finance)
Voices
Trump: US Will Resume 'Very Strong Action' Against Iran; Iran Just Needs to Start Signing Agreements
Trump told reporters at the White House that if a peace agreement cannot be reached, the US will take 'very strong' action against Iran, stating, 'We will attack them, very strong action, and resume bombing.' He also expressed hope for reaching a meaningful agreement with Iran, saying Iran just needs to sign the documents. (Jin Shi)
Christophe Boucher, Chief Investment Officer at ABN Amro Investment Solutions, stated that participating in the SpaceX IPO is akin to buying cryptocurrencies about 15 years ago – either losing one's entire principal or achieving exponential returns. He advised investors to comprehensively consider its risk-reward profile. (Citywire)
Bloomberg Analyst: LeverageShares to Launch 3x Leveraged SpaceX ETF This Week
Bloomberg Senior ETF Analyst Eric Balchunas indicated that LeverageShares will launch a 3x leveraged SpaceX ETF this Friday. The USD share class will trade under the ticker ELON, and the GBP share class will trade under the ticker MUSK. The firm will also launch 3x leveraged ETFs for SK Hynix and DRAM.
