Odaily News Economist Alex Krüger wrote an analysis, saying, "The latest confrontation between Israel and Iran should have only a short-term impact, rather than starting a new trend. It is just short-term noise. It is more like an Israeli-Iranian armed conflict in 2024 than a large-scale war. The question is when to "buy the dip." Reviewing the 2024 timeline: April 12: Rumors spread and the market fell for the first time; April 13: Iran launched missiles directly at Israel for the first time, and the market fell again; April 14-18: The market remained nervous as it waited for Israeli retaliation; April 18: Israel retaliated, took restrained attacks, and avoided hitting major targets. The market soared. Both sides then expressed a pause and returned to covert operations."

Odaily News According to BTCTN, long-term Bitcoin holders have increased their holdings by 881,578 BTC in the past 30 days, the most significant surge in recent history. As prices continue to rise, market confidence is also soaring. Transactions are decreasing, and hoarding is increasing.

Odaily News Pakistan is using 2,000 megawatts of surplus electricity for Bitcoin mining and artificial intelligence to reduce waste and promote technological development. As of March 2025, Pakistan's installed power generation capacity is 46,600 megawatts, a slight increase from the previous year. Nearly 14% of the installed capacity is idle, especially during the off-peak winter season, when demand may drop to 12,000 megawatts. Pakistan aims to turn the surplus electricity from Pakistan's underutilized thermal power plants into a source of revenue through Bitcoin mining and artificial intelligence data centers. The move aims to transform the financial burden of capacity electricity prices into high-value digital assets. The first phase of Pakistan's Bitcoin mining plan was launched in 2025, allocating 2,000 megawatts of electricity for mining and artificial intelligence data centers. Future phases plan to integrate renewable energy (solar, wind, hydropower), marking a long-term shift of these operations to sustainable energy. (Cointelegraph)

Odaily News OKX market shows that BTC rebounded and broke through 105,000 USDT, and is now at 105,021.7 USDT, with the 24-hour decline narrowed to 2.41%. (This newsletter is generated by AI)

Odaily News International oil prices saw their largest one-day percentage increase in years, reflecting concerns that the expansion of the conflict in the Middle East could lead to serious energy supply disruptions. Brent crude oil prices rose as much as 4.3% to $72.4 a barrel. WTI crude oil prices rose as much as 5% to $71.4 a barrel. According to Reuters, this was the largest one-day increase in benchmark contracts since March 2022, a month after the full-scale outbreak of the Russian-Ukrainian conflict. Ahmad Assiri, a research strategist at financial services firm Pepperstone, wrote that the surge in Brent crude oil prices illustrates both "imminent supply concerns and a growing sense that negative news could prolong the escalation of the situation, unlike the previous Israel-Iran conflict." (Jinshi)

Odaily News According to monitoring by Ember, the $434 million BTC leveraged long positions opened by the whale AguilaTrades on June 9 have all been closed, with a loss of $12.48 million. The trader used a rolling strategy to expand his position to the peak on the 11th, and was eventually forced to close his position when BTC pulled back early this morning. His margin account shrank from 29.85 million USDC to 17.37 million USDC, with a loss rate of 41.8%. Currently, the address still holds $870,000 in BTC short positions.