AiCoin Daily Report (June 16)

1. The SEC's lawsuit against Ripple has a 70% chance of winning.

Odaily Planet Daily reports that after nearly five years of litigation, Ripple and the U.S. Securities and Exchange Commission hope to reach a settlement, but they still need to persuade Judge Analisa Torres to change her ruling and lift the injunction against Ripple, as well as reduce its $125 million fine to $50 million, on the grounds that "special circumstances" justify the request. Cryptocurrency lawyer John Deaton believes there is a 70% chance that Analisa Torres will approve Ripple's victory, and that the judge may be more inclined towards a final ruling rather than another round of litigation.

2. The cryptocurrency market has absorbed the impact of geopolitical conflicts, and sentiment remains in the "greed" zone.

Despite the escalation of conflict between Israel and Iran, the cryptocurrency market sentiment index "Fear and Greed Index" remains in the "Greed" range. The index was updated on Sunday to show a value of 60, maintaining in the "Greed" area, while Bitcoin fell by 2.8% on Friday to $103,000. This decline occurred after reports of explosions in Tehran at 22:50 UTC on Thursday, when Israel claimed responsibility for the attack. Iran reportedly retaliated on Friday evening with "dozens of ballistic missiles." On Thursday, the index's "Greed" score was 71. Despite the tense geopolitical situation, market participants pointed out that Bitcoin has shown relative resilience. Crypto analyst Za stated on Saturday: "Bitcoin currently seems unfazed by the conflict between Israel and Iran (at least for now)." He added, "There is no better market sentiment indicator than Bitcoin, which I find very noteworthy." Crypto entrepreneur Anthony Pompliano remarked in a post that day: "Bitcoin is tireless." Traders appear to be confident that Bitcoin can maintain above the psychological level of $100,000. This price level has been regained for the first time since May 8. A drop below this level could potentially lead to over $1.74 billion in long positions facing liquidation risk.

3. Michael Saylor hints at buying more Bitcoin.

4. Five tokens will be unlocked next week, with a total value of approximately $260 million.

Next week, five crypto projects will undergo token unlocks, releasing a total value of approximately $260 million. On June 16, ARB will unlock about 93.12 million (, worth approximately $30.55 million ), accounting for 0.931% of the total supply; on June 17, ZK will unlock about 770 million (, worth approximately $39.17 million ), accounting for 3.66% of the total supply; on June 18, QAI will unlock about 560,000 (, worth approximately $54.74 million ), accounting for 5.657% of the total supply; on June 20, ZRO will unlock about 25.7 million (, worth approximately $49.87 million ), accounting for 2.571% of the total supply; on June 21, FTN will unlock about 20 million (, worth approximately $88.80 million ), accounting for 2.0% of the total supply.

5. The number of people remitting to Latin America using cryptocurrency has increased by nearly 40%.

A report recently released by Chainalysis and AUSTRAC shows that cryptocurrency remittance channels in the Latin American region are thriving, with the number of people using cryptocurrencies to remit to Latin America increasing by nearly 40%. The report points out that cryptocurrency ATMs can reduce intermediaries, allowing users who are less knowledgeable about currencies to remit through physical interactions, and with stablecoins becoming mainstream, there is further growth potential in the future. There are over 38,000 cryptocurrency ATMs globally, with more than 30,000 located in the United States. According to Coin ATM Radar data, Mexico, Puerto Rico, Panama, Colombia, and Argentina are the countries in the region with the highest number of cryptocurrency ATMs, excluding El Salvador, which has over 200 ATMs.

6. The Financial Secretary of Hong Kong proposed a multi-currency pegged stablecoin scheme.

Odaily Planet Daily reported that the Financial Secretary of Hong Kong, Paul Chan, published an essay titled "Speeding Up to Set Sail Steadily," in which he pointed out that the development of digital assets has driven relevant business in financial institutions. Last year, the total trading volume of digital assets and related products by local banks in Hong Kong reached HKD 17.2 billion, and by the end of last year, the total amount of digital assets under bank custody reached HKD 5.1 billion. The previously proposed "Stablecoin Regulation" has been passed by the Legislative Council, and Hong Kong is cautiously advancing the development of stablecoins, providing a new paradigm for the global stablecoin market. This is also reflected in the functions of firewall and experimental field under the principle of 'One Country, Two Systems', providing experience and reference for national financial development. For example, Hong Kong has adopted a more open model, allowing licensed issuers to choose different fiat currencies as the anchor currency for issuing stablecoins, which is beneficial for attracting more institutions from various parts of the world to issue stablecoins in Hong Kong according to actual application scenarios, significantly increasing the liquidity of related activities and the competitiveness of the Hong Kong market.

7. GitFish completes LINUX refund, V2 version is about to be launched.

Odaily Planet Daily News AllianceDAO-supported GitHub code repository tokenization and trading platform GitFish announced on platform X that it has officially completed all LINUX refunds, having returned 25,030 SOL to 8,889 users. In addition, GitFish V2 is set to launch soon. -Original text

8. The Federal Reserve interest rate decision and Powell's press conference will be held on June 19.

The key events to focus on next week are as follows: On June 16, ARB worth $31.25 million will be unlocked, accounting for 0.931% of the total supply; On June 17, ZK worth $39.74 million will be unlocked, accounting for 3.66% of the total supply; On June 19, the June Festival, US stock markets will be closed for one day; On June 19, the Federal Reserve will announce its interest rate decision; On June 19, Powell will hold a monetary policy press conference; For more upcoming events, please visit the AiCoin "PC Terminal - News - Event Calendar" module.

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