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We provide real-time cryptocurrency updates around the clock from 10:00 p.m. UTC on Sunday through 3:00 p.m. UTC on Saturday. Outside these hours, coverage is limited to critical market-moving developments. Note: Overseas economic news will continue to be provided through the CoinNess Live app and the CoinNess website.

An Iranian Foreign Ministry spokesperson, Baghaei, stated today that any understanding reached with the U.S. is intended to continue dialogue between the two sides, not to serve as a final agreement. According to the Iranian Students' News Agency (ISNA), Baghaei emphasized during a press briefing that the release of frozen Iranian assets is an essential and non-negotiable component of any understanding. He explained that Iran's current priority is to end all conflicts and de-escalate regional tensions, adding that the specifics of the nuclear issue are not being discussed in depth at this stage. The spokesperson also asserted that the only path to regional security is the withdrawal of all foreign military forces from the area. Current agenda items also include a halt to U.S. hostile actions against Iranian vessels and matters concerning the Strait of Hormuz. Baghaei affirmed that Iran will proceed with negotiations and diplomacy with utmost caution, remaining vigilant based on past experiences, and is prepared to take countermeasures if the opposing party fails to fulfill its commitments.

U.S. President Donald Trump today shared a post on his social media platform, Truth Social, from the prime minister of Pakistan. The post mentioned the possibility of a peace agreement being reached between the United States and Iran within 24 hours.

The cryptocurrency industry must accelerate its transition to post-quantum cryptography amid a rapidly advancing technological landscape, CoinDesk reported. The warning comes as the U.S. government commits over $2 billion to support nine quantum computing firms. While the development race for quantum computers is speeding up, preparations by major blockchains like Bitcoin (BTC) and Ethereum (ETH) to counter quantum attacks remain in their early stages, the outlet noted. Specifically, BTC addresses with exposed public keys and long-dormant funds could be vulnerable to future threats. CoinDesk explained that wallets, custodians, and exchanges must collaborate on transitioning to new cryptographic systems. The report also highlighted that the U.S. National Institute of Standards and Technology (NIST) is pushing to phase out quantum-vulnerable cryptographic technologies starting in 2030, urging the digital asset industry to develop a corresponding transition plan.

John Palmer, Head of Derivatives at Kraken, predicted that the U.S. market for perpetual futures will follow a growth trajectory similar to that of spot Bitcoin ETFs. He noted that with the launch of spot Bitcoin ETFs, retail and professional investors entered the market first, followed sequentially by institutional capital. Palmer expects a similar pattern for the initial launch of regulated perpetual futures products in the U.S., with professional traders and institutional investors leading the way, followed by broader participation from traditional finance entities like asset managers and investment advisory firms. Palmer assessed that perpetual futures, which lack an expiration date, have become the dominant product in the global crypto derivatives market due to their simpler structure compared to traditional futures, adding that the U.S. market is still in its early stages.

David Mercer, CEO of LMAX Group, has argued that the cryptocurrency industry needs to adopt traditional finance (TradFi) collateral management and trade settlement systems for its next phase of growth. He pointed out that the current separation of traditional financial assets, digital assets, and stablecoins makes it difficult to use collateral efficiently. While acknowledging the benefits of blockchain's instant settlement and transparency, Mercer explained that the credit extension and collateral-based financial infrastructure that underpins global capital markets must also be established. Stating that building an efficient collateral infrastructure is more important than the price of Bitcoin, he predicted that the market will evolve toward integrating traditional finance and digital assets into a single financial ecosystem.

Iranian Foreign Ministry spokesperson Baghaei stated on June 13 that the specific signing date for the Iran-U.S. Memorandum of Understanding (MOU) will not be June 14, according to Iranian media reports.

El Salvador is maintaining its policy of not taxing foreign income and Bitcoin (BTC) capital gains, Bitcoin Magazine reported. According to the report, the country operates under a territorial tax system, and a 2024 tax reform explicitly made income generated abroad non-taxable. Additionally, under its Bitcoin Law, the country does not impose a capital gains tax on BTC. El Salvador is also known for having no inheritance, gift, or wealth taxes. The magazine added that since March, the nation has been working to attract foreign investors and remote workers by easing the minimum stay requirement for temporary residents to 90 days per year.

Julian Liniger, co-founder and CEO of the Bitcoin investment app Relai, has described Bitcoin as the ultimate store of value, calling it a "savings technology." In an interview with The Block, he noted that while Bitcoin was designed with a decades-long outlook, most people still think in quarterly terms. Liniger emphasized the need to focus on Bitcoin's role as a long-term store of value rather than its short-term price fluctuations.

Nasdaq-listed mining firm Bitdeer announced it sold all 194.4 BTC it mined this week. The company has maintained its zero-BTC holdings strategy since February.

Pakistan's Prime Minister Shahbaz Sharif has stated that he expects a final agreement between the U.S. and Iran to be reached within the next 24 hours. In a social media post, Sharif explained that preparations are underway for an electronic signature immediately upon the agreement's conclusion and that technical negotiations are planned to begin next week. However, neither the U.S. nor Iran has officially announced whether a final agreement has been reached.

MicroStrategy founder Michael Saylor congratulated Elon Musk and SpaceX on its initial public offering (IPO), stating on X that 25% of Mag8 companies now hold Bitcoin (BTC) on their balance sheets. While congratulating the company on its historic IPO, Saylor did not disclose which specific companies he was referring to or the amount of BTC they hold. The term Mag8 (Magnificent 8) refers to the group of large U.S. tech stocks known as the Magnificent 7, with the addition of SpaceX.

Stader Labs has announced it is ending operations for MaticX, its liquid staking token (LST) for Polygon (MATIC). As a result, new deposits for MaticX have been immediately halted, and the token has transitioned to a claim-only state. Users can redeem their MATIC through the existing user interface. Following a staking contract upgrade scheduled for June 12–19, the exchange ratio between MaticX and MATIC will be permanently fixed. From June 19 to Aug. 3, instant redemptions at this fixed rate will be available on the existing MaticX dApp. The MaticX UI will be shut down on Aug. 3. After this date, holders can claim their MATIC directly through the Etherscan contract until Aug. 3, 2029.

Zack Soesbee, CEO of Cardano ecosystem development agency Anvil, said on X that he has lost virtually everything after investing his time, assets, and career into the Cardano ecosystem and ADA for the past five years. He stated that he and his co-founders operated their business for three years without salaries, minimizing costs to contribute to the ecosystem's growth. Meanwhile, he claimed, others were drawing comfortable salaries and misusing community and treasury funds. As a result, Soesbee noted, the price of ADA has fallen to the 10-cent range, and his company is unable to secure contracts within the Cardano ecosystem to stay afloat. He added that community business proposals they had prepared for months have not been approved. To save his house, Soesbee said he sold his ADA holdings at $0.16, a stake he had held for five years. "I now feel like I was just one of the flock and don't know why I should continue developing in the Cardano ecosystem," he said, adding, "I've lost everything except my wife, and now even she is growing displeased with me."

According to CoinGlass, Binance has recorded a net inflow of approximately 38,733,200 USDT in the past hour. Stablecoin deposits to exchanges are generally interpreted as being for the purpose of purchasing cryptocurrencies.

Ripple (XRP) is exhibiting price movements similar to a pattern from 2022, and if it repeats, the asset could trade sideways for the next 800 days, or about two years, according to an analysis by Watcher.Guru. The outlet noted that the Bollinger Bands on the XRP/USD weekly chart have narrowed, just as they did four years ago, while the Relative Strength Index (RSI) is also declining. These movements suggest the market has entered an accumulation phase, with the potential for reduced volatility. If the same pattern unfolds, XRP could trade sideways for the next two years before starting a rebound in the latter half of next year, the analysis explained. Watcher.Guru also added that recent macroeconomic uncertainty and geopolitical tensions have hurt the broader risk-asset market. The price of XRP dropped sharply due to U.S. inflation and the U.S.-Iran war, and the likelihood of a U.S. interest rate cut has become extremely low. These factors are a clear negative for high-risk assets like cryptocurrencies, including XRP.

An anonymous whale address starting with 0x1578 sold 3,000 ETH, worth approximately $4.98 million, on-chain about 10 hours ago, according to on-chain analyst ai_9684xtpa. The analyst noted that the address acquired the ETH about three years ago to earn interest through DeFi channels like the decentralized lending protocol Aave (AAVE). He added that the sale likely indicates the whale has a pessimistic outlook on the market.

Bitcoin has rebounded amid hopes for a deal between the U.S. and Iran, but it is too early to call this a trend reversal, according to an analysis by CoinDesk. The outlet explained that while Bitcoin has rallied about 4.7% over the past week, a true recovery phase requires a substantial increase in demand. This would need to be confirmed by stable inflows into ETFs and significant buying pressure, as well as signs that selling pressure from investors holding at a loss has considerably eased.

Ethereum (ETH) is facing dual pressures from a contracting leverage market and institutional outflows via ETFs, but robust staking demand is defending against further price drops, Cointelegraph reported. The media outlet noted that ETH failed to reclaim the $1,700 level last week, aligning with broader market weakness. A concurrent rally in U.S. stocks, sluggish on-chain activity, and a shrinking futures market have further diminished ETH's appeal to investors. Specifically, the funding rate in the perpetual futures market turned negative on June 5, and open interest has fallen by 30% over the past month. This waning investor sentiment is also reflected in outflows from spot ETFs. However, demand for ETH staking has been on the rise, with the validator queue recently reaching 50 days. Cointelegraph concluded that as long as spot ETF outflows are reasonably controlled and staking demand is maintained, the probability of ETH's price collapsing to $1,500 appears low.

The following are the 24-hour long/short ratios for BTC perpetual futures on the world’s three largest crypto futures exchanges by open interest: Overall: 50.16% long, 49.84% short - Binance: 50.58% long, 49.42% short - MEXC: 50.52% long, 49.48% short - Bybit: 49.84% long, 50.16% short

The Spot CVD chart analyzes the order book for the BTC/USDT spot pair. The top section shows the Volume Heatmap, and the bottom shows the Cumulative Volume Delta (CVD). - The Volume Heatmap tracks the volume of trades at specific price levels. The background color becomes brighter when the price remains in a certain range for an extended period or moves significantly. Brighter areas may act as potential support or resistance levels. - The Cumulative Volume Delta (CVD) indicator represents buy and sell orders categorized by trade size. As buy orders increase, the corresponding colored line rises. The yellow line tracks orders between $100 and $1,000, while the brown line tracks large orders between $1 million and $10 million.

U.S. spot Ethereum ETFs recorded a net outflow of approximately $4.9 million (7.4 billion won) on June 12, marking the fourth consecutive day of outflows, according to data from Farside Investors. - BlackRock's ETHA: -$4.5 million - Fidelity's FETH: -$400,000

U.S. spot Bitcoin ETFs recorded a net inflow of $85.9 million on June 12, breaking a five-day streak of net outflows, according to data from Farside Investors. Invesco's BTCO, Franklin Templeton's EZBC, Valkyrie's BRRR, WisdomTree's BTCW, Grayscale's GBTC, and Morgan Stanley's MSBT all saw zero flows for the day. The inflows were led by BlackRock's IBIT, with five funds seeing positive net flows: - BlackRock's IBIT: +$57.7 million - Fidelity's FBTC: +$18 million - Bitwise's BITB: +$5.2 million - Ark's ARKB: +$3.2 million - VanEck's HODL: +$1.8 million

According to CoinNess market monitoring, the Bitcoin premium index on Coinbase, the largest U.S. cryptocurrency exchange, has remained positive for the second consecutive day and is currently at approximately 0.208%. This index reflects the percentage difference between the Bitcoin price on Coinbase and the global average. The premium had previously been negative for 24 consecutive days. Its shift back into positive territory suggests a potential recovery in buying sentiment within the U.S. crypto market.

Real-world asset (RWA) tokenization platform MSX has listed the SpaceX stock token, SPCX.M, for spot trading. The token reached an intraday high of $176.52 and is currently trading at around $166.85, up approximately 40% from its pre-IPO subscription price of $119.138. Coinciding with the launch of spot trading, MSX also completed the token allocation to investors who participated in the pre-IPO subscription. According to the platform, the SpaceX token is a key pre-IPO project following its earlier launch of the Cerebras Systems (CBRS.M) stock token. MSX explained that this allows investors to directly experience the entire RWA-based pre-IPO process, from early subscription and asset listing to the final token allocation.