Ki Young Ju: Bitcoin short-term holders are transitioning to long-term holders

US Senator Cynthia Lummis stated in an interview with CNBC that JPMorgan CEO Jamie Damon's criticism of the CLARITY Act was "completely wrong" and believed he did not read the bill. Jamie Damon previously accused the bill and stablecoins of lacking sufficient anti money laundering and bank secrecy protection measures, and criticized Coinbase CEO Brian Armstrong for "talking nonsense".

According to Cointelegraph, nine Democratic members of the US House of Representatives have called on the Federal Trade Commission (FTC) to investigate whether the advertising campaigns in the predictive market are consistent with their statements to regulatory agencies. Legislators Kevin Mullin and Gabe Vasquez pointed out that predictive market platforms may mislead consumers by labeling them as financial instruments to regulatory agencies but promoting them to the public as gambling platforms. Legislators are demanding that the FTC respond by June 29th on whether it plans to investigate or take enforcement action. The market is expected to be under scrutiny recently due to insider trading issues, and Congress has launched investigations into Polymarket and Kalshi.

Elon Musk stated that the usage of X Money is gradually expanding. （Cointelegraph）

Arthur Hayes posted on social media that he has cleared all HYPE and NEAR positions, and the specific reasons will be explained in his article "Reality Check" next Tuesday. He mentioned the rise in energy prices, the upcoming IPOs of three large AI projects, the possibility of Trump opposing AI, and the possibility of a market high before September, and stated that it is time to take profits.

According to Lebanese state media reports, Israel launched an attack on Lebanon after both sides agreed to a conditional ceasefire.