Crypto News & Market Updates

According to Bijie.com, citing CBS News in the United States, two people familiar with the incident revealed that the pilot of an F-15E fighter jet shot down over Iran had also flown another fighter jet at the start of the Iran War and was shot down in a "friendly friendly strike" incident, which was by friendly forces from Kuwait. Just over 30 days after safely ejecting from a friendly fire incident, the pilot flew over Iran again, but his fighter jet was hit by an Iranian surface-to-air missile, triggering a daring rescue operation. "This is a very unusual coincidence," said retired Air Force Lieutenant General David Deptura. Deptula said he couldn't think of a pilot being shot down in the same battle during different accidents since the Vietnam War, "It's like being struck twice by lightning." ”。

According to Bijie.com, New York's financial regulator has reached a stablecoin oversight agreement with the European Banking Authority (EBA), aiming to strengthen regulatory cooperation on digital assets. The New York State Department of Financial Services stated that it has signed a memorandum of understanding to support oversight and confidential information exchange with the EBA. According to the agreement, both parties plan to share entity information, market risks, and regulatory concerns related to stablecoin operations. The agreement aims to strengthen regulation, protect consumers, and support market integrity. EBA Executive Director François-Louis Michaud regards this agreement as a milestone in transatlantic stablecoin regulatory cooperation. Although the memorandum is not legally binding, it provides a framework for cooperation between both parties in case regulatory issues arise.

According to Bijie.com and Cryptonews, as sovereign debt pressure increases, the issue of Bitcoin's undervaluation has once again drawn attention. Bitwise pointed out in a new report that investor concerns about government debt may further undervalue Bitcoin. The report mentions that by 2026, public and corporate borrowers are expected to raise about $29 trillion, 17% higher than 2024 levels. About 78% of the borrowing will be used to refinance existing debt rather than new expenditures. Bitwise believes that if yields remain high, this refinancing burden could raise investor concerns about sovereign balance sheets. In this context, Bitcoin may attract more attention from investors seeking to bypass government credit systems. The report specifically mentions Japan's high debt burden and rising bond yields, noting that Japan's public debt is close to 230% of GDP.

According to ChainCatcher and Jin Shi, the US Dollar Index, which measures the dollar against six major currencies, rose 0.02% on the 2nd, closing at 99.219 in the forex market. At the close of the New York forex market, 1 euro was at 1.1628 USD, down from 1.1631 USD on the previous trading day; 1 GBP to $1.3469, up from $1.3458 on the previous trading day; 1 USD was exchanged at 159.91 JPY, up from 159.76 JPY on the previous trading day; 1 USD was converted to 0.7873 Swiss francs, up from 0.7864 Swiss francs on the previous trading day; 1 USD to 1.3832 CAD, down from 1.3842 CAD on the previous trading day; 1 USD is worth 9.3155 SEK, up from 9.3059 SEK on the previous trading day.

According to Catcher Predict monitoring, in the "Roland Garros ATP: Jakub Mensik vs Joao Fonseca" event on Polymarket, the win rate for the "Jakub Mensik" option in the submarket "Roland Garros ATP: Jakub Mensik vs Joao Fonseca" has experienced a sharp fluctuation, soaring from 33.5% one hour ago to the current one 48.5% (with a fluctuation of 15%). Please be aware of the impact of related breaking news.

According to ChainCatcher, according to Jin Shi, Goldman Sachs CEO Solomon stated that the stock market boom is driven by a desire for profit, which outweighs concerns about economic turmoil and inflation risks. He pointed out that current market sentiment is far more greedy than fear, and funds are ample. At the same time, Solomon acknowledged that the risk of rising inflation could prompt the Federal Reserve to raise interest rates, emphasizing the real existence of inflationary pressures.

According to Bijie.com, Vetle Lunde, head of research at K33, stated that Bitcoin's price may face deeper losses, as current funds are flowing into artificial intelligence (AI) stocks, weakening demand for Bitcoin. He pointed out that Bitcoin's price fell from $67,160.49 to $67,000, which may signal challenges for investors during the summer. Lunde also mentioned that in the past three weeks, Bitcoin ETF products saw 62,794 BTC outflows, setting the second largest outflow in history. Although K33 still believes Bitcoin is undervalued relative to stocks, the market environment is tougher than a few weeks ago as institutional demand weakens and ETF investors withdraw.

According to Bijie.com, U.S. Secretary of State Rubio stated at a Senate Foreign Relations Committee hearing on the 2nd that the U.S. is still negotiating with Iran, but he is uncertain when an agreement will be reached. This was Rubio's first testimony before Congress since the United States and Israel launched a large-scale military operation against Iran at the end of February. In response to a lawmaker's question about the progress of US-Iran negotiations, he said, "We are negotiating with Iran," and Iran "has already agreed to negotiate some aspects of its nuclear program, whereas just a month ago, or even a year ago, they were unwilling to talk." Rubio said the agreement with Iran "could be reached today, tomorrow, or next week," but it "does not guarantee that a congressionally recognized agreement will be reached." Rubio also said that the U.S. has not proposed lifting sanctions on Iran, nor has it proposed allowing it to use frozen funds as a condition for reopening the Strait of Hormuz. "This has never been discussed or raised. Any sanctions relief must be conditional. This means the premise must be to resolve the root cause of these sanctions—namely, Iran's nuclear program. ”。

According to Coinpedia, recent Bitcoin sales have sparked debate about Ethereum's outstanding performance. MicroStrategy, holding 843,706 Bitcoins, sold 32 Bitcoins to fund preferred dividends. Although this transaction represents only a small portion of its assets, its symbolic significance has triggered a strong market reaction. Bitcoin fell to $67,880 during Tuesday's trading, down nearly 5% in 24 hours, while MicroStrategy's stock MSTR fell about 10% over two trading days. Meanwhile, Ethereum's treasury company has attracted attention for staking yields and reducing reliance on asset sales. The market has renewed discussions about the competitive relationship between Ethereum and Bitcoin treasury strategies.