Next week's must-watch | Powell will deliver a monetary policy report testimony in both chambers; Bitcoin options face the largest quarterly settlement (6.23-6.29)

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3 hours ago

Next Week's Key Focus|Powell to Present Monetary Policy Report Testimony in Both Houses; Bitcoin Options to Experience Largest Quarterly Expiration (6.23-6.29)

Next Week's Key Forecast


June 23

The Governor of the Bank of Korea will meet with commercial bank presidents, expected to discuss issues such as the Korean won stablecoin

June 24

Federal Reserve Chairman Powell will present semi-annual monetary policy report testimony before the House Financial Services Committee

June 25

Federal Reserve Chairman Powell will testify before the Senate Committee regarding the semi-annual monetary policy report

June 27

Deribit: Bitcoin options will experience the largest quarterly expiration next Friday, with a maximum pain point of $100,000

CoinList will launch the Pipe Network (PIPE) token sale on June 27

June 28

Thailand's SEC will block Bybit, 1000X, CoinEx, OKX, and XT platforms on June 28

Federal Reserve Updates

  • Monday 1:15 PM, 2027 FOMC voting member and San Francisco Fed President Daly will participate in a panel discussion on monetary policy insights at the 100th annual meeting of the Western Economic Association;

  • Monday 10:00 PM, Federal Reserve Governor Bowman will speak on monetary policy and banking;

  • Tuesday 1:10 AM, 2025 FOMC voting member and Chicago Fed President Goolsbee will participate in a Q&A session at the Milwaukee Business Journal's 2025 mid-year outlook meeting;

  • Tuesday 2:30 AM, Federal Reserve Governor Kugar and FOMC permanent voting member and New York Fed President Williams will host a "Fed Listens" event;

  • Tuesday 9:15 PM, 2026 FOMC voting member and Cleveland Fed President Harmack will speak on monetary policy;

  • Tuesday 10:00 PM, Federal Reserve Chairman Powell will present semi-annual monetary policy report testimony before the House Financial Services Committee;

  • Wednesday 12:30 AM, FOMC permanent voting member and New York Fed President Williams will speak;

  • Wednesday 10:00 PM, Federal Reserve Chairman Powell will testify before the Senate Committee regarding the semi-annual monetary policy report;

  • Friday 7:30 PM, FOMC permanent voting member and New York Fed President Williams will host a meeting at the 24th International Bank for Settlements annual meeting;

  • Friday 9:15 PM, 2026 FOMC voting member and Cleveland Fed President Harmack and Federal Reserve Governor Lisa Cook will attend the "Fed Listens" event.

From June 23 to June 29, more noteworthy events in the industry are as follows.

June 23

The Governor of the Bank of Korea will meet with commercial bank presidents, expected to discuss issues such as the Korean won stablecoin

Odaily Planet Daily reports that the Governor of the Bank of Korea (BOK), Lee Chang-yong, will meet with commercial bank presidents in the Bank Hall of Jung-gu, Seoul, on June 23, where they are expected to discuss the issuance of a stablecoin based on the Korean won.

RWA stablecoin yield protocol R2's first round of testnet will end on June 15, with the final testnet expected to launch on June 23

Odaily Planet Daily reports that according to official news, the RWA stablecoin yield protocol R2 has announced that the first round of the testnet will officially end at 24:00 Beijing time on June 15. This round of testing lasted nearly two months, attracting over 270,000 independent users to participate, with daily active users stabilizing above 40,000 and community engagement continuously improving.

R2 stated that in the coming days, they will compile and verify multi-chain interaction data to ensure the accuracy of test data and the fairness of reward distribution. The final testnet is expected to go live on June 23, at which point multiple new features will be available, including cross-chain bridging, multi-chain support, yield collection and exit, secondary market trading, and leaderboard mechanisms.

R2 is building a stablecoin protocol aimed at real-world asset (RWA) yields, committed to providing users with convenient, stable, transparent, and secure on-chain compliant yield channels. Currently, R2 has become the official LP for Ondo Finance, Superstate, and DigiFT, and is actively expanding partnerships with leading RWA issuers such as Securitize, Fasanara, and Franklin Templeton.

June 24

Socios.com will collaborate with esports club Ninjas in Pyjamas to launch DOJO fan token

Odaily Planet Daily reports that Socios.com, a Web3 sports application and wallet under Chiliz, has announced a collaboration with the esports club Ninjas in Pyjamas (NIP) to launch the DOJO fan token. The token issuance (FTO) will take place on June 24, 2025, and will provide rewards to its fans through NIP's loyalty platform, The Dojo.

June 25

None

June 26

Coinbase will delist MOBILE, RNDR, RBN, and SYN old version tokens on June 26

Odaily Planet Daily reports that according to Coinbase Assets' announcement, due to Helium Mobile (MOBILE), Render (RNDR), Ribbon Finance (RBN), and Synapse (SYN) having released new versions, their original versions no longer meet the platform's listing standards, and trading will be fully suspended around 2:00 PM Eastern Time on June 26. Currently, the aforementioned assets have switched to limit order mode, and users can still place, cancel, and match orders. This adjustment applies to the Coinbase website, exchange, and Prime platform.

The proposal to dissolve ApeCoin DAO AIP-596 will complete voting on June 26

Odaily Planet Daily reports that Yuga Labs co-founder Garga.eth announced on the X platform that the proposal to dissolve ApeCoin DAO, AIP-596, has officially started voting, aiming to further advance reforms to the ApeCoin ecosystem and orderly transfer assets and responsibilities to the new entity ApeCo established by Yuga Labs. The new entity's team will consist of current executive director of the Ape Foundation, Cameron Kates, along with other foundation members and the Banana Bill team.

Garga.eth reminded that this AIP requires a large number of votes to pass, expecting participation from 3.5% of all circulating tokens and a 66% absolute majority in favor. According to voting information, this vote will end on June 26, with the current approval rate at 99.19%.

June 27

Deribit: Bitcoin options will experience the largest quarterly expiration next Friday, with a maximum pain point of $100,000

Odaily Planet Daily reports that Deribit data shows that next Friday will be the largest quarterly expiration for Bitcoin options, with a nominal value of $14 billion in options expiring, and a put-call ratio of 0.7, with a maximum pain point of $100,000.

CoinList will launch the Pipe Network (PIPE) token sale on June 27

Odaily Planet Daily reports that CoinList will launch the Pipe Network (PIPE) token sale on June 27. The PIPE FDV is $450 million, with a total sale volume of 30 million tokens, and the token price is divided into $0.25 and $0.20, with a purchase limit of a minimum of $100 and a maximum of $2.5 million.

Option 1 has an FDV of $250 million, with 100% unlocked at TGE; Option 2 has an FDV of $200 million, with 100% unlocked one year after TGE.

After the purchase period ends, the team will distribute according to the "Filling from the bottom" allocation method. Users who do not win will receive a refund in their CoinList wallet within 48 hours.

June 28

Thailand's SEC will block Bybit, 1000X, CoinEx, OKX, and XT platforms on June 28

Odaily Planet Daily reports that Thailand's SEC has announced that it will block cryptocurrency exchanges Bybit, 1000X, CoinEx, OKX, and XT platforms on June 28, 2025, and has filed legal action, accusing them of operating as unlicensed digital asset business operators.

June 29

None

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Bybit: $50注册体验金,$30,000储值体验金
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