Interview with Morgan Stanley’s Head of Digital Assets: Reaching $1 million for Bitcoin isn’t hard—the challenge lies in education.

Record-breaking demand for Bitcoin ETFs—why haven’t institutions fully committed? She believes a genuine breakthrough may require a crisis in the traditional financial system, and reaching $1 million within five years is not impossible.

PANews16:25

Wang Xin of the People's Bank of China: Closely monitor the impact of stablecoins on the international monetary system and cross-border payments.

PANews, June 17 — According to The Paper, on the afternoon of June 17, Wang Xin, Director of the Research Bureau (Counsellors’ Office) of the People’s Bank of China, spoke at the second plenary session of the 2026 Lujiazui Forum titled “Global Financial Governance Reform and Cooperation” about cross-border payment systems. He stated that going forward, it is necessary to further ensure the security, neutrality, and efficiency of the international payment system, enhance interoperability between central bank payment systems and retail payment systems, prudently and steadily explore the potential of new payment instruments, closely monitor the impact of stablecoins on the international monetary system and cross-border payments, improve regulatory frameworks, and promote national

PANews15:54

Analysis: The intensity of Bitcoin's second wave of capitulation selling is only half that of February, indicating that selling pressure is gradually waning.

PANews, June 17 — CryptoQuant analyst Axel Adler Jr. stated in a post that Bitcoin is currently undergoing its second panic-driven sell-off of the year, though significantly weaker in magnitude compared to February. The 30-day realized profit-to-loss ratio has now fallen to approximately 0.28, entering the capitulation pressure zone, indicating that realized losses have substantially exceeded realized profits over the past few weeks. However, a key difference lies in the peak realized losses: during the first wave of panic in February, they reached approximately $2.6 billion, whereas the second wave in early June peaked at only around $1.4 billion—nearly half of February’s figure—and has since declined further to about $558 million.

PANews15:50

Waller's Debut: Will the Fed Chair Most Knowledgeable About Crypto Deliver a Market Surprise or Shock?

Author: EXIO Institute June 16, 2026 Macroeconomic Context: A Debut Under Triple Pressure Kevin Warsh, the newly appointed Chair of the Federal Reserve, will hold his first monetary policy press conference just three weeks into his term. The timing of this press briefing is arguably the most challenging in recent years—inflation is resurging at its fastest pace in three years, U.S. Treasuries are facing a wave of sell-offs, market pricing implies sharply rising expectations for a rate hike by year-end, and meanwhile, President Trump in the White House’s Oval Office is publicly pressuring the Fed to cut rates. Warsh finds himself caught between political pressure and market realities.

PANewsJun 16 21:12

Wintermute: Bitcoin's bottom remains undetermined; attention should focus on capital flows, with Kashkari's speech and the U.S.-Iran agreement as key factors.

BlockBeats reported that on June 17, Wintermute released its weekly market report, noting that the dual positive catalysts of a U.S.-Iran ceasefire and favorable CPI data boosted market risk appetite during the week ending June 15. Wintermute believes that Bitcoin, trading just above $60,000, offers an attractive risk-reward profile; each sell-off eliminates less committed holders, leaving behind a stronger cohort with higher-quality positions and firmer conviction. However, this does not necessarily signal that a market bottom has been established. Until conditions genuinely improve, a drop into the $50,000 range remains a possibility.

BlockBeats15:33

Illinois enacts the nation's strictest digital asset tax law

ChainCatcher reports that, according to a statement by the Crypto Council for Innovation, Illinois Governor Pritzker has signed into law a digital asset taxation bill widely regarded as the most punitive digital asset tax regime in the United States, which would impose a disproportionate tax burden on Illinois residents using digital assets. The Council strongly opposes this measure, warning that it will drive innovators and developers out of the state, and has issued a formal letter of opposition.

ChainCatcher11:12