Peter Schiff: The upside potential of silver is much higher than that of Bitcoin, while the downside risk is much smaller

OKX-BTC/USDT is currently trading at $105017.30, with a 5-minute increase of 0.22%. Please be aware of market fluctuations.

Odaily Planet Daily News: The Thai SEC has announced the launch of a public consultation on the revision of token listing standards for digital asset exchanges, with a solicitation period until July 21, 2025. According to the proposal, digital asset exchanges can list "directly usable tokens or cryptocurrencies" issued by the exchange itself or its affiliates for blockchain trading in the future, in order to encourage the listing of assets that are in line with innovation and application development. The new regulations plan to require exchanges to publicly disclose the information of related parties of token issuers and mark risk warnings in the system to help regulatory agencies prevent insider trading. Meanwhile, the exchange still needs to establish regulatory mechanisms for conflict of interest prevention, market manipulation, and unfair trading practices. Listed tokens need to supplement related information within 90 days after the rules come into effect. This move is part of Thailand's strategy to compete for international cryptocurrency business and build a regional financial center. Previously, the Thai government had decided to exempt cryptocurrency trading capital gains tax for five years starting from 2024, which is expected to bring over $30.7 million in economic benefits. The government is also promoting the pilot of encrypted tourism payments in Phuket and considering opening Bitcoin spot ETFs to retail investors. （decrypt）

The Securities and Exchange Commission (SEC) of Thailand has announced the launch of a public consultation on new regulations for the listing of digital assets, and the solicitation of opinions will continue until July 21, 2025. The new regulation proposal allows exchanges to list digital tokens issued by themselves or their affiliates, while requiring stricter information disclosure to prevent insider trading. The new regulations also require the disclosure of information related to token issuers and the labeling of warning symbols in the reporting system to strengthen market supervision.  

Odaily Daily News: GMGN has launched the iOS application "GMGN - Meme Track", which users can now search and download from the Apple App Store.

According to Foresight News, according to @ ai_9684xtpa monitoring, traders who short 16 altcoins have accumulated a profit of 9.68 million US dollars. Compared to last week's updated floating profit of $3.56 million, its current performance is more outstanding: out of the 16 positions on the Hyperliquid platform, 15 are in a floating profit state, and the only floating loss, HYPE, has narrowed its loss to $1.92 million. The trader has an overall position value of 53.3 million US dollars and partially closed positions in ETH, PEPE, Initiat, XRP, and other currencies on June 17th.