10 #Bitcoin ETFs outflows 3,062 $BTC(-$302.76M) and 9 #Ethereum ETFs outflows 16,114 $ETH(-$53.01M) yesterday.

June 16: Per Alternative Data, today’s cryptocurrency Fear & Greed Index is at 23, up from yesterday’s 20—signaling a slight easing of the market’s “extreme fear” sentiment. Note: The index runs on a 0–100 scale, and uses six weighted metrics to calculate its score: Volatility (25%), Trading Volume (25%), Social Media Hype (15%), Market Surveys (15%), Bitcoin Dominance (10%), and Google Trends Analysis (10%).

June 16 — The U.S. Congress is pushing to launch a dedicated cryptocurrency theft task force to address an enforcement gap, following the Justice Department’s dissolution of the National Cryptocurrency Enforcement Team (NCET) in April 2025. The bill, sponsored by Representatives Lance Gooden and Josh Gottheimer, would create the Federal Cryptocurrency Theft Enforcement and Coordination Task Force within the DOJ. Led by the Attorney General, the task force would unite representatives from the FBI, DHS (including Homeland Security Investigations, or HSI), the Treasury Department’s Financial Crimes Enforcement Network (FinCEN), and other relevant agencies. Its key priorities cover evidence collection, asset tracing, victim support, technical training, and coordination across federal, state, local, and international levels. Critically, the proposal explicitly excludes cryptocurrency market regulation, any changes to existing criminal laws, and alterations to private litigation rights. T

June 16: Per monitoring from OnchainLens, Bitcoin mining company MARA Holdings has purchased 1,000 BTC from FalconX, with a total transaction value of approximately $66.7 million.

On June 16, per OnchainLens monitoring, SPCX’s price broke through $210, prompting Whale Address 0x3E7 to further expand its long position in SPCX. The whale now holds 63,458 SPCX tokens, valued at over $13 million total, with an unrealized gain of more than $2.1 million.

**CFTC Chair Mike Selig Debunks Four Myths Surrounding Perpetual Futures Contracts** On June 16, U.S. Commodity Futures Trading Commission (CFTC) Chairman Mike Selig addressed four widespread misconceptions about perpetual futures contracts, clarifying key regulatory and structural details to cut through industry confusion. ### Myth 1: "Fixed Expiry Date Mandate" Critics claim a valid futures contract must have a set expiration or delivery date, arguing perpetual contracts’ open-ended structure violates U.S. congressional intent. Selig pushed back on this, noting the Commodity Exchange Act and CFTC rules lack any formal definition of "futures contract"—nor do they require fixed expirations. Since Congress never codified a legal definition for the term, the matter is settled via case law and CFTC guidance, neither of which mandates a fixed expiry date. ### Myth 2: "250x Leverage Violation" The allegation here is that the CFTC’s approval of the BTCPERP contract let U.S. trade

Data from the prediction market platform Predict.fun is highlighting a stunning World Cup upset: heavy favorite Spain was held to a 0-0 draw by World Cup debutant Cape Verde in early matches today. Pre-match odds showed Spain had a 92% win probability, a 6% chance of a draw, and Cape Verde just a 2% shot at taking the match. Trader Avenger, after carefully analyzing over 1,000 matches and briefly holding $34,000 in profits, suffered a $1.6 million loss today due to a large bet placed on Spain to win. Equally notable is the unusual activity from trader Fishalive, who earned roughly $9 million by correctly predicting Spain would not win. Their first trade of the match went through at the 8-minute mark: a $4.5 million bet, with all funds coming from a newly deposited Coinbase wallet that had no prior transaction history.