According to a report by Jinshi, CITIC Securities Research Report stated that cryptocurrencies have good privacy and anti inflation properties, have grown rapidly since their inception, and are gradually being regularized as assets. With the expansion of the demand for cryptocurrencies, a pattern of speculative pricing similar to gold has emerged as a bottom line for demand support. However, in the short term, due to insufficient monetization and high risk appetite of marginal price setters, cryptocurrencies are actually more speculative. In the medium to long term, it is expected that both cryptocurrencies and gold will benefit from the monetization brought about by anti globalization and de dollarization. The 'future gold' may not necessarily include Bitcoin, but there is a high probability of cryptocurrency. Cryptocurrencies are expected to benefit from possible regulatory easing during Trump's presidency in the short term, but we need to wait for certainty in trade and foreign policy.

OKX-BTC/USDT is currently trading at $10545.40, with a 5-minute decline of 0.07%. Please be aware of the market fluctuations.

According to Cryptotimes, Nasdaq submitted a rule change application to the US Securities and Exchange Commission (SEC) on June 7th, planning to include XRP, Solana (SOL), Cardano (ADA), and Stellar Lumens (XLM) in its crypto index benchmark. This adjustment involves the Hashdex Nasdaq Crypto Index ETF (NCIQ), which plans to expand its tracking target from the original Nasdaq Crypto US Settlement Price Index (NCIUS) to the Nasdaq Crypto Index (NCI) covering 9 tokens. At present, the NCI index includes 9 cryptocurrencies such as Bitcoin (BTC) and Ethereum (ETH), but due to current SEC regulations, this ETF can only hold BTC and ETH, resulting in tracking error risk. If approved, the ETF will be able to invest in all index component assets, and the final decision is expected to be made before November 2, 2025. This move may take a crucial step towards diversification for US cryptocurrency ETFs.

According to BlockBeats, on June 9th, according to the @ pandajackson42 data panel, Binance Alpha's trading volume reached a record high of $2.04 billion on June 8th. Among them, ZKJ had a trading volume of 1.06 billion US dollars, KOGE had a trading volume of 761 million US dollars, and TAIKO had a trading volume of 96.81 million US dollars, ranking among the top.

According to Cointelegraph, musician Jonathan Mann, who earned $3 million through NFT sales, almost lost all of his funds due to the cryptocurrency market crash and tax issues. He turned this experience into a song to warn cryptocurrency investors of tax risks. In January 2022, Mann sold 3700 songs as NFTs at a price of $800 each, earning approximately $3 million in ETH. Due to the failure to realize in a timely manner and the decline in ETH prices, he is facing the requirement of the US Internal Revenue Service to fully tax his income, with a tax amount of up to $1.095 million. To offset taxes, he mortgaged ETH to borrow through Aave, but lost 300 ETH in the chain liquidation triggered by the Terra ecosystem collapse. In the end, he was forced to sell his earlier purchased Autoglyph NFT for $1.1 million to pay taxes. Mann stated that despite being hit hard, he continues to create and release NFT songs daily, looking forward to achieving success again.