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Leaders of the Group of Seven (G7) have emphasized the need for a joint response to North Korea's cryptocurrency theft and cybercrime, according to a statement on geopolitical issues. The leaders also expressed deep concern over North Korea's nuclear and ballistic missile programs and reiterated their commitment to the country's complete denuclearization in accordance with UN Security Council resolutions.

Fidelity Digital Assets has argued that Bitcoin complements traditional alternative assets by addressing their key weaknesses, such as low liquidity and information opacity. In a post on X, the firm noted that while assets like art and collectibles have significant upside potential, they are often difficult to trade and lack transparent information. Bitcoin, in contrast, has a finite supply and is priced in real time across the globe. However, Fidelity also pointed out that Bitcoin's own weaknesses include inadequate infrastructure, the potential for code flaws, and regulatory changes.

An address associated with BitMEX co-founder Arthur Hayes has purchased 1,500 ETH, worth $2.63 million, from Cumberland, Onchain Lens reported.

Strategy (MSTR)'s perpetual preferred stock, STRC, fell to a new all-time intraday low of $88.51 before closing at $89 yesterday, Wu Blockchain reported. The stock, which has a par value of $100 per share, is now trading at an approximate 11% discount. According to the company's official website, STRC offers an annual dividend yield of around 11.50%, with the rate adjusted monthly. Strategy had previously stated it could adjust the dividend rate to maintain the stock's price near the $100 level.

CME Group, the world's largest futures exchange operator, plans to sue the Commodity Futures Trading Commission (CFTC) over its approval of perpetual futures in the U.S., according to CEO Terrence Duffy. The dispute follows the CFTC's decision in late May to authorize platforms, including Kalshi and Coinbase, to offer crypto perpetual futures. Duffy argued that perpetual futures should be classified as swap products under the Dodd-Frank Act, not as standard futures. He also emphasized that because CME holds exclusive rights to the benchmark providers associated with these products, any related offerings should be listed and traded through CME, regardless of their contract structure.

Italian fintech firm Conio has obtained a Virtual Asset Service Provider (CASP) license under the European Union's Markets in Crypto-Assets (MiCA) regulation, Reuters reported. The approval followed a review by Italy's financial market regulator, Consob, and the Bank of Italy. Conio is now authorized to offer cryptocurrency services in compliance with EU regulatory standards.

An address presumed to belong to an early investor in LayerZero (ZRO) has deposited 3.51 million ZRO, valued at $3.96 million, to Binance over the past 24 hours, AmberCN reported. Deposits to exchanges are typically seen as a precursor to selling.

CoinMarketCap's Altcoin Season Index is currently at 49. The index is calculated by comparing the price performance of the top 100 coins, excluding stablecoins and wrapped tokens, against Bitcoin over the last 90 days. An 'altcoin season' is declared when 75% of the top 100 coins outperform Bitcoin over that period, while the opposite is considered a 'Bitcoin season.' A score closer to 100 indicates a stronger altcoin season.

BlackRock's Bitcoin Income ETF (BITA) recorded trading volumes of $6 million and $7 million, respectively, in its first two days of trading, according to Bloomberg ETF analyst Eric Balchunas. On X, Balchunas noted that while this performance ranks in the top 1% of all ETF launches, it falls significantly short of the level set by BlackRock's spot Bitcoin ETF (IBIT). He described BITA as one of the most promising products for fund inflows but suggested it may take some time for its performance to gain momentum due to numerous market variables. Meanwhile, 10x Research previously assessed that investing in BITA would yield returns below that of holding BTC directly in nearly all scenarios, regardless of the cryptocurrency's price direction.

Jeffrey Huang, a prominent Taiwanese singer also known as Machi Big Brother, has liquidated most of his 25x ETH long position, Onchain Lens reported. He now holds a 5x long position of 2,900 ETH, with unrealized losses exceeding $35 million. His cumulative losses have surpassed $79.87 million.

PayPal Ventures, the investment arm of PayPal, is halting its business operations after investing in numerous cryptocurrency projects, Fortune reported. According to a source familiar with the matter, the firm now exists in name only, with new investment activities suspended. Its staff has also been reduced from over 10 at the end of last year to just two. Established in 2016, PayPal Ventures has made over 80 investments, including in crypto-related startups like Talos and Anchorage Digital.

Garrett Jin, founder of the fraudulent cryptocurrency exchange BitForex, has repurchased HYPE just one day after selling his holdings, Onchain Lens reported. He currently holds 71,092 HYPE, worth $5.06 million, and has also set a TWAP order for additional purchases. Yesterday, he sold 184,102 HYPE for $13.54 million, realizing a profit of $2.83 million.

Binance has failed to obtain a Markets in Crypto-Assets (MiCA) license in Greece and is now pinning its last hopes on France, French crypto media outlet The Big Whale reported. "Binance's French entity has held a Digital Asset Service Provider (DASP) registration since 2022 and is in discussions with the French Financial Markets Authority (AMF) about the possibility of applying for a MiCA license. An application has not yet been submitted," the outlet explained. Previously, Reuters reported, citing sources, that the Greek financial authority (HCMC) intended to reject Binance's MiCA application. "France is now the only remaining channel for Binance to obtain a MiCA license, but the company is still under investigation for money laundering there," The Big Whale added. "Whether it receives MiCA approval will be a critical factor for the continuation of Binance's European operations."

In response to reports that Greek financial authorities may reject Binance's MiCA license application, OKX founder Star Xu commented on X that Binance entering the global regulatory fold would be one of the most positive developments for the crypto industry. He argued that while many believe a regulated Binance would threaten competitors, he disagrees. For the past decade, Xu explained, competition in the crypto space has largely depended on regulatory arbitrage, where firms with fewer constraints have an advantage over those heavily invested in licensing, compliance, and governance. If Binance becomes regulated, this advantage will gradually disappear, and competitiveness will instead be determined by factors like product, technology, execution, customer service, and trust. Xu added that the more regulators focus on governance, internal controls, and tangible results over marketing and social media influence, the more Binance's current strengths will diminish.

The Fear & Greed Index from cryptocurrency data provider CoinMarketCap has fallen two points to 22, remaining in the 'Fear' stage. The index indicates extreme fear as it approaches 0 and extreme optimism as it approaches 100. CoinMarketCap's index is calculated based on factors including the price movements of the top 10 cryptocurrencies by market capitalization, market volatility, derivatives market data such as put/call ratios, the Stablecoin Supply Ratio (SSR), and the platform's proprietary search data.

The Spot CVD chart provides an order book analysis for the BTC/USDT spot pair. The top section displays a Volume Heatmap, while the bottom shows the Cumulative Volume Delta (CVD). - The Volume Heatmap tracks trading volume at specific price levels. The background brightens when the price lingers in a particular range or experiences significant movement. These brighter areas can potentially act as support or resistance. - The Cumulative Volume Delta (CVD) indicator shows buy and sell orders categorized by trade size. As buy orders increase, the corresponding colored line rises. For example, the yellow line represents orders between $100 and $1,000, while the brown line indicates large orders between $1 million and $10 million.

Whale addresses holding at least 1,000 BTC now hold a total of 7.17 million BTC, marking the first time their holdings have surpassed this level since March 14, according to on-chain analytics firm Santiment. This amount represents 35.82% of the current BTC supply. The number of addresses holding over 1,000 BTC stands at 2,044.

Coinbase's Layer 2 network, Base, has introduced a private transaction feature for enterprise users. The function is designed to protect transaction information necessary for corporate operations while maintaining the transparency and efficiency of blockchain infrastructure.

A federal court in Michigan has ruled that sports-related prediction market betting does not fall under the jurisdiction of the Commodity Futures Trading Commission (CFTC), Decrypt reported. The U.S. District Court for the Western District of Michigan denied a preliminary injunction sought by Polymarket against state regulators. The case centers on a dispute where Michigan authorities claim Polymarket's sports prediction betting constitutes illegal sports trading, whereas Polymarket argues it should be treated as a swap product supervised by the CFTC at the federal level. In its decision to deny the injunction, the court expressed that Polymarket is unlikely to succeed in the main lawsuit.

Kentucky Attorney General Russell Coleman has sued prediction market platforms Kalshi and Polymarket for allegedly offering unlicensed sports betting services, CoinDesk reported. The move makes Kentucky the latest state to push back against the expanding prediction market industry. Like other states, Kentucky argues that these event contract-based platforms operate without the necessary state licenses. A statement also noted that related service providers such as Coinbase, Robinhood, and Webull do not offer support systems for gambling addiction.

According to CoinNess market monitoring, BTC has fallen below $64,000. BTC is trading at $63,960.03 on the Binance USDT market.

Binance founder Changpeng Zhao argued on X that countries should tokenize their domestic stocks to enable global investors to trade them. He added that nations should also issue their own stablecoins to enhance the utility of their national currencies on the blockchain.

Fidelity is set to launch the Fidelity Reserves Digital Fund, a money market fund (MMF) designed to manage the reserves of stablecoin issuers, today, June 18. According to CoinDesk, the fund is structured to meet the regulatory requirements of the ENIUS bill. The launch follows a similar move by State Street, which recently introduced its State Street Stablecoin Reserve Money Market Fund (SSCXX). The outlet noted that traditional financial firms are competing with increasing intensity for the stablecoin market, which has the potential to grow to a multi-trillion dollar scale.

MicroStrategy (MSTR) announced on its official X account that it can cover 32 years of dividend payments using its Bitcoin holdings. The company's perpetual preferred stock, STRC, closed below $90 on June 17, marking an all-time low.

The three major U.S. stock indices closed lower today. - S&P 500: -1.21% - Nasdaq: -1.34% - Dow Jones: -0.97%