MANTRA DAO Initiates Survey Vote to Solicit Feedback on Team Token Burn Execution

On June 17, Bitcoin dipped below $65,000, edging closer to a critical short-term support level ahead of the Federal Reserve’s upcoming interest rate decision. The Fed will announce its rate decision at 2 a.m. Beijing time on June 18—this week’s primary catalyst for market volatility. Notably, this FOMC meeting is the first held since Kevin Warsh took over as the new Fed Chair, so his post-meeting press conference remarks are being closely watched alongside the rate decision itself. Trader Killa stated the FOMC could set the tone for the rest of June’s market moves. He pointed out BTC is currently building a bullish narrative around this event, though market outcomes are typically priced in well before official news releases. Drawing on recent history, Killa added that FOMC days usually spark more bearish reactions than bullish ones. He warned BTC needs to hold its bullish market structure around current levels (roughly $64,000); if it fails to do so, the crypto could retest its $60,00

On June 17, Hyperinsight’s monitoring (via its Telegram channel @HyperInsight) reports that a new address on Hyperliquid received $1.167 million in funds yesterday. In the past hour, this address entered a short position on the Nasdaq 100 using 30x leverage, currently holding 500 XYZ100 short contracts valued at roughly $15 million. The entry price is $30,230, the liquidation threshold sits at $31,658, and the current unrealized profit from this position is $40,000. Wallet Address: 0xec4a6f59960fb55a7fa49262e2628687b322cf62

June 17 — CNBC reports that chief executive officers (CEOs) of top global AI firms, including OpenAI, Anthropic, and Google DeepMind, will join this week’s G7 summit in France. The move underscores how tech leaders are gaining greater geopolitical clout as the AI agenda moves into the global mainstream. OpenAI’s Sam Altman, Anthropic’s Dario Amodei, and Google DeepMind’s Demis Hassabis — plus roughly a dozen other tech industry heads — will participate in a Wednesday luncheon on the sidelines of the Avignon-hosted G7 summit. The gathering is set to cover high-stakes AI risks, infrastructure, and sovereignty issues; France’s élysée Palace previously confirmed child online protection will also be a key topic. Jessica Brandt, a senior fellow for technology and national security at the American Foreign Policy Council, told CNBC that for world leaders to deliver credible AI-related pledges, they now need hands-on input from private-sector executives actually building this technology — and

June 17: U.S. President Donald Trump stated Wednesday that if the U.S. doesn’t approve of what it sees regarding Iran, the U.S. will launch another strike against the country. In his remarks, Trump also noted the U.S.-Iran understanding memorandum does not include an immediate lifting of sanctions, a matter that will be discussed at a later time. Separately, Trump has held talks with Syria’s leader on approaches to combat Hezbollah in Lebanon.

June 17 — U.S. President Donald Trump says the market is very pleased with the Iran deal, noting that “there’s nothing smarter than the market.” He added that the Strait of Hormuz is partially open and will be fully operational in one or two days, a development driving falling oil prices. Trump also stated that oil prices may drop below pre-war levels, but dismissed reports about a $300 billion Iran-related fund as untrue, clarifying the U.S. has not set up any such investment fund for Iran.

June 17: Citi Raises Price Target for Micron Technology to $1,200 From $840 in Its Latest Research Report