Key Market Information Gap on June 18 - A Must-Read! | Alpha Morning Brief

Top News

1.U.S. Senate Votes to Approve the "GENIUS Stablecoin Act"

2.JPMorgan to Pilot Deposit Token (JPMD) on the Base Network

3.pump.fun and Its Founder’s Official X Account Are Now Unbanned

4.VanEck Solana Spot ETF with Code VSOL Listed on DTCC Official Website

5.Coinbase Seeking SEC Approval to Offer Stock Trading Services on Blockchain

Articles & Threads

1.《100,000 Users Exit: The Story of Those Losing Money in Binance Alpha》

In this exclusive interview, BlockBeats speaks with multiple Alpha users, including LP providers who suffered real losses during this market crash and regular participants who attempted "score farming arbitrage" but failed to meet their profit expectations. Among them, some have made up their minds to completely withdraw from the Alpha game, while others are still pondering whether to search for new opportunities. Through their narratives, we gain insight into the raw emotions and considerations behind this "cliff-edge exodus."

2.《Amid Continual Geopolitical Tensions, How Are Traders Positioning Their BTC Holdings?｜Trader’s Insights》

On June 16th, Iran conveyed a message to Israel and the United States through Arab intermediaries, expressing its willingness to return to the negotiation table to seek an end to hostilities and resume talks regarding its nuclear program. Boosted by the positive news, Bitcoin surged again to $108,000 before facing resistance and pulling back. Additionally, policy factors like the Federal Reserve's rate cut pace continue to weigh heavily on the crypto market. Can BTC reach new all-time highs again? Will the long-anticipated altcoin season finally arrive? Let's see what traders in the market are thinking.

Market Data

Daily market overall funding heat (reflected by funding rate) and token unlock schedules

Data source: Coinglass, TokenUnlocks

Funding Rate

Token Unlocks