If Bitcoin surpasses $65,000, the mainstream CEX total short liquidation volume will reach $454 million.

On June 20th, Binance founder Changpeng "CZ" Zhao appeared on the Galaxy Brains podcast, sitting down for an interview with Galaxy Research Director Alex Thorn. During the discussion, CZ hailed prediction markets as a clever, valuable invention—while noting they’re not new, he emphasized any tool that drives price discovery and liquidity is a net positive. He argued these markets tend to be more accurate than other forecasting methods because people with stronger judgment will participate by putting real money at stake. CZ called the news that Polymarket and Kalshi secured U.S. licenses a positive development, adding he hopes more crypto-focused prediction market projects will operate responsibly. Turning to Hyperliquid, CZ said the platform has unlocked a previously unproven market demand. Its team is small but highly capable, with solid technological innovation—but drawing from his own experience, he wouldn’t adopt Hyperliquid’s current KYC-free operating model. He also note

June 20 — Per Al Arabiya TV, a senior U.S. delegation has arrived in Switzerland. (Forex)

June 20th — On-chain analyst Yu Jin’s monitoring shows that over the past three hours, a crypto whale spent 16.555 million USDC to acquire 23,490 SOL at an average price of $70.5, pushing SOL’s price up by 2% during that same window.

On June 20, Binance founder Changpeng Zhao (commonly known as CZ) sat down for an interview on the Galaxy Brains podcast with Alex Thorn, director of Galaxy Research. CZ revealed he’s installed and subscribed to nearly every major mainstream AI large language model (LLM), adapting his use of each product to match specific needs. OpenAI was the first LLM he set up, Claude works best for coding tasks, and when operating in regions like Hong Kong, he turns to Chinese models such as DeepSeek and Kimi. He stressed he doesn’t choose tools based on political alignment—his rule is simply “use whatever works.” Overall, he observed that American LLMs tend to be more accurate, while Chinese open-source models are strong though sometimes less comprehensive. CZ forecasts AI-driven trading and payments will roll out in months, not years. He explained AI can help users book tickets or execute trades, but it still requires integrated payment and transfer capabilities. Traditional payment systems aren

**June 20: CZ’s Galaxy Brains Podcast Insights on BNB Chain, RWAs, and Crypto’s Next Era** Binance founder Changpeng Zhao (CZ) joined the Galaxy Brains podcast on June 20, sitting for an interview with Galaxy Research Director Alex Thorn. CZ shared that he’s shifted away from running Binance’s daily operations, a change that’s given him more time to connect with developers—an area he’s eager to focus on, especially as BNB Chain advances new features. He revealed the BNB Chain is currently being upgraded to its next major version, with plans to make it faster, cheaper, and enhanced with stronger privacy controls. For blockchain developers, CZ offered a key piece of advice: avoid launching large, system-altering upgrades during bull markets; instead, target significant updates during quieter bear market periods. On real-world assets (RWAs), CZ admitted he was skeptical of their viability a year to 18 months ago, questioning whether they’d ever gain meaningful trading traction or

June 20 — Lebanon says Israel has launched airstrikes on Lebanon’s eastern West Bekaa area, according to Middle Eastern media outlets including Al Jazeera and Al Arabiya. The development follows heavy shelling Israel carried out on multiple areas in southern Lebanon earlier, which resulted in casualties, FXStreet reports.