<div id="readability-page-1"><div><div><h2>Headline</h2>▌SIREN Controlling Address Sells 201 Million Tokens in 14 Hours, Approximately 27.7 Million USDT Flows into CEXsOn June 14th, according to EmberCN monitoring, from 10:00 AM to midnight yesterday, the SIREN controlling address sold approximately 201 million SIREN tokens in about 14 hours, receiving approximately 27.7 million USDT in return. Approximately $24.8 million USDT was subsequently transferred to exchanges such as Bitget and Bybit. On-chain data also shows that the address's SIREN holdings have decreased significantly, from 94% of the total supply (approximately 682 million tokens) to approximately 66% (approximately 480 million tokens).▌Bitcoin Mining Difficulty to See Second Largest Drop This YearOn June 14th, according to TheEnergyMag, due to the sharp drop in Bitcoin prices in early June leading to a significant decline in network hashrate, Bitcoin mining difficulty is expected to decrease by approximately 9.55%. This will be the second largest drop this year, reducing the computational load required to produce blocks over the next two weeks (one difficulty cycle), thereby directly increasing the unit hashrate revenue for active miners. Analysis indicates that if the price of Bitcoin and network transaction fees remain stable, this 9.55% difficulty reduction will increase the BTC output of active hashrate by more than 9%, potentially pushing network hashrate back above $30/PH/s. Besides economic incentives driving older mining rigs to shut down, another major driver of the hashrate decline is the conversion of some electricity capacity to high-performance computing (HPC) and AI data centers. ... **Market Updates** As of press time, according to CoinGecko data: BTC price is $61,900.35, up 0.7% in the last 24 hours; ETH price is $1,612.48, up 1.2% in the last 24 hours; BNB price is $585.66, up 0.8% in the last 24 hours; SOL price is $65.02, up 0.8% in the last 24 hours. DOGE price is $0.08410, 24-hour change +1.9%; XRP price is $1.14, 24-hour change +1.1%; TRX price is $0.3260, 24-hour change +1.7%; WLFI price is $0.05690, 24-hour change +2.4%; DOGE price is $0.08410, 24-hour change +1.9%; XRP price is $1.14, 24-hour change +1.1%; TRX price is $0.3260, 24-hour change +1.7%; WLFI price is $0.05690, 24-hour change +2.4%; WLFI price is $0.05690, 24-hour change +2.4%; WLFI price is $0.05690, 24-hour change +2.4%; WLFI price is $0.08410, 24-hour change +1.9%; XRP price is $0.08410, 24-hour change +1.1 ... HYPE price is $60.12, a 24-hour change of +6.1%. Policy ▌OpenAI is under investigation by the Coalition of Attorneys General of the United States. According to Bloomberg on June 14, OpenAI is under investigation by the Coalition of Attorneys General of the United States. ▌a16z Co-founder: Opposes Regulation that Stifles AI Innovation, But Supports Building a New Era of Trust and Safety BarriersOn June 14th, Marc Andreessen, co-founder of venture capital firm a16z, published an article outlining his stance on US government AI regulation. He stated that if regulation means complex rules created by people who don't understand the technology, suppressing innovation through layers of approvals and compliance requirements, and ultimately becoming a tool for large corporations to consolidate their market position and hinder newcomers, then he will resolutely oppose such regulation. In his view, excessive regulation often leads to startups being dragged down by cumbersome procedures and high compliance costs, innovative talent flowing to more open markets, and regulatory agencies themselves constantly expanding, ultimately deviating from their original goals. Andreessen specifically criticized the regulatory mindset centered on the &#34;precautionary principle,&#34; arguing that if this concept is amplified infinitely, it may cause society to refuse to embrace new technologies due to concerns about potential risks. However, Andreessen also emphasized that he is not opposed to all forms of regulation. On June 14th, according to Bitcoin Magazine, El Salvador is continuously optimizing its immigration system to attract high-net-worth foreign talent and capital (including families). Under Decree No. 531, which came into effect on March 31, 2026, the residency requirement for temporary residents has been reduced from nine months of residence per year to only 90 days cumulatively or continuously per year. This adjustment primarily targets entrepreneurs, investors, and remote workers who require frequent cross-border travel. El Salvador offers one of the most attractive tax systems in Latin America for individuals with income from overseas sources. The country operates on a territorial tax system, meaning that only income generated within El Salvador is subject to taxation. A significant income tax reform in 2024 further clarified that overseas income, regardless of whether one is a resident or non-resident, is exempt from income tax. This means that freelancers and remote workers (such as content creators, developers, and entrepreneurs with overseas income) can enjoy a 0% Salvadoran income tax on their foreign income, without any limit on the amount. Analysis: Passing the CLARITY Act before July 4 is &#34;Almost Impossible&#34; On June 14, crypto journalist Eleanor Terrett wrote that to advance the CLARITY Act, a crypto market structure bill, into law before July 4, multiple complex conditions need to be met simultaneously: including finding an ethical solution acceptable to both Republicans and Democrats, revising issues in agriculture-related provisions, merging multiple bills, securing 60 votes in the Senate, and completing all procedures in both the House and Senate within two weeks. This is &#34;almost impossible&#34; in terms of timeline, process execution, and legislative pace. ▌Cynthia Loomis: The Rules for Digital Assets Already Exist, and That's the Clarity ActOn June 14, Democratic Senator Cynthia Loomis, a supporter of cryptocurrencies, posted on X that the rules for digital assets already exist. We just need to turn them into law. That's what the Clarity Act does.<hr/><h2>Blockchain Applications</h2>▌Ethereum Foundation Privacy Project Kohaku Leader: Ethereum Can Now Begin Preparing for Quantum-Resistant AccountsOn June 14, Nico, the head of the Ethereum Foundation's privacy project Kohaku, posted that Ethereum can now begin preparing for the &#34;post-quantum&#34; era at the account level without waiting for an underlying hard fork upgrade. According to its disclosed data, the cost of completing this preparation work under the current technical framework is only $0.07. Nico revealed that a review has been completed with Fable, and further auditing work is about to begin. The solution also includes formal verification proofs developed using the Verity framework for Lean language enthusiasts. Cryptocurrency ▌Etherealize Founder: Wall Street is Moving Beyond Cryptocurrency Pilot Projects and Embracing Ethereum More Deeply On June 14th, according to Vivek Raman, founder of Etherealize, the institutional adoption story of Ethereum may finally be moving from theory to practice. Etherealize is a company aiming to bring Ethereum to Wall Street. He stated that after years of piloting and experimentation, large financial institutions are increasingly inclined to view public blockchains as production infrastructure rather than emerging technologies. Raman said, &#34;A year and a half ago, this was just a proof-of-concept, a tentative experiment. Now, we need to go all in and use the public chain like we use the internet.&#34; This shift reflects a broader change in Wall Street's view of Ethereum. On June 14th, according to Etherealize founder Vivek Raman, the Ethereum Foundation should not act as a central coordinator, but should focus on maintaining Ethereum's core values—security, censorship resistance, privacy, and open standards—while continuing to advance long-term priorities such as zero-knowledge technology and quantum resistance. On June 14th, according to Onchain Lens monitoring, &#34;BTC OG insider whale&#34; Garrett Jin further increased his 2x leveraged ZEC long position, bringing his holdings to 46,013 ZEC, worth approximately $19.3 million, with a floating loss exceeding $950,000. In addition, his previously established 5x leveraged Bitcoin long position remains open, currently holding 1,268 BTC, with a floating loss exceeding $14.86 million. Bitcoin Mining Difficulty Drops 10.09%, 11th Largest Single Difficulty Adjustment in History On June 14th, according to data monitored by Galaxy Research, the Bitcoin network completed its latest difficulty adjustment at block height 953,568, lowering the difficulty from 138.96T to 124.93T, a decrease of 10.09%. This is the 11th largest single difficulty adjustment in history and the second largest decrease since 2026. Data shows that this adjustment cycle lasted 15.6 days, significantly longer than the protocol's target cycle of approximately 14 days. Research indicates that the cumulative drop in Bitcoin price by approximately 15% in June compressed miners' profit margins, forcing some hashrate offline, thus driving down the overall network hashrate and triggering a difficulty correction. Galaxy Research believes this adjustment reflects a typical pressure transmission mechanism for miners during a price downturn: a dynamic equilibrium process of price decline → hashrate withdrawal → difficulty reduction. **Important Economic Developments** **Anthropic Pays SpaceX AI $1.25 Billion Monthly to Lease its Colossus Supercomputer Cluster** **On June 14th, ARK Invest reported on X that Anthropic is paying SpaceX AI $1.25 billion monthly to lease its Colossus supercomputer cluster. This equates to $15 billion annually for a $30 billion construction project. The economics of AI infrastructure are unprecedented.** <ol></ol>▌When will the US-Iran agreement be signed? Trump says June 14, Iran deniesOn June 14, US President Trump posted on social media on June 13 local time that the US and Iran are scheduled to sign an agreement on the 14th, and the Strait of Hormuz will be opened immediately after the agreement is signed. According to a statement released by the Pakistani Ministry of Foreign Affairs, the electronic signing ceremony for the relevant agreement between the US and Iran is scheduled for the 14th. Iranian Foreign Ministry spokesman Bagae stated that the US-Iran memorandum of understanding will not be signed on the 14th, but completion in the next few days is not ruled out.(CCTV News) On June 14, according to US sources, the US military had formulated an action plan in May, considering sending ground troops into Iran to forcibly seize Iran's enriched uranium stockpile. After this plan was abandoned, the US military formulated a new plan to remove Iran's enriched uranium. On June 12, the US released a statement saying that two sources indicated that Chairman of the Joint Chiefs of Staff Dan Kane urgently returned to US Central Command on May 19 to receive a briefing on the plan to seize Iran's enriched uranium. According to this plan, the US military planned to seize enriched uranium buried deep in underground tunnels at Iran's nuclear facilities in Isfahan and Natanz. Kane then reported the plan to US President Trump. After receiving warnings that such actions could &#34;provoke a strong retaliation from Iran, prolong the war, and exacerbate global economic turmoil,&#34; Trump did not approve the plan. According to the US military assessment, the &#34;acceptable risk level&#34; of the operation is &#34;high&#34; to &#34;extremely high,&#34; meaning that even if successful, it would result in a large number of US soldiers being killed or wounded. (CCTV News) Bitcoin is not a safe-haven asset, but it is a &#34;crisis-prone asset,&#34; capable of functioning effectively when borders are closed and banks fail. If these three asymmetries narrow, Bitcoin may no longer be a replica of gold, but rather a completely new &#34;next-generation gold.&#34; Generational shifts and the widespread adoption of algorithms are key factors that could accelerate this process.</div></div></div>

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SIREN's controlling address sold 201 million tokens for ~$27.7M USDT, transferring funds to exchanges. Bitcoin mining difficulty is set to drop by ~9.55%, the second-largest decline this year, boosting miner revenue. Meanwhile, OpenAI faces investigation by US state attorneys general, while a16z co-founder Marc Andreessen opposes stifling AI regulations but supports trust and safety measures.

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SIREN dumps 201 million tokens; BTC mining difficulty drops by a single factor, ranking 11th highest.