Odaily News U.S. stocks rose against the trend in 2025, just a hair's breadth away from their all-time highs. But the higher the S&P 500 index goes, the stronger the concerns about its valuation multiples becoming frothy. Data show that the index's price-to-earnings ratio, calculated based on expected profits over the next 12 months, is 22 times, 35% higher than the long-term average. The index shows overvaluation on every one of the 20 such valuation indicators tracked by Bank of America strategists. Kevin Gordon, senior investment strategist at Charles Schwab, said: "The current level of the market is sustainable, but we can't have high confidence in the question of 'starting from here'. Optimistic expectations for earnings in the second half of the year may be too high, and coupled with multiples close to cycle highs, earnings must exceed expectations." In addition to earnings growth, strategists also said that the Federal Reserve's sharp interest rate cuts would be another way for the index to narrow the gap between fundamentals and market prices. (Jinshi)

Odaily News According to the official announcement, Binance Futures will launch the OLUSDT perpetual contract at 19:30 (ET on June 25, 2025), with a maximum leverage of 50 times. In addition, OL (LINK) has been launched on the Binance Alpha market.

Odaily News US President Trump said at the NATO summit in The Hague that "Iran's nuclear program has regressed decades". Trump said Iran wants to restore relations with the United States, "I think we will eventually establish relations with Iran". Trump said Iran does not need to enrich uranium. Trump also said that the US strike on Iran "ended the war". When asked whether the United States would launch another attack if Iran rebuilds its nuclear enrichment program, Trump said "definitely". (Jinshi)

Odaily News According to the official announcement, Binance Wallet will launch Codatta (XNY) and launch the XNY pre-sale event: Pre-sale time: 19:00 - 21:00 (Eastern Time Zone 8) Subscription qualifications: Users with Binance Alpha points greater than or equal to 218 can participate in this Pre-TGE event through the Alpha event page. Participating in this event will consume 10 points.

Odaily News According to the official announcement, Binance will open Alpha trading of Humanity Protocol (H) at 17:00 (UTC+8) on June 25, 2025, and open contract trading at 17:30. Eligible users can use Binance Alpha points to claim 1,600 H tokens airdrop. The airdrop is divided into two phases: the first phase (18 hours) requires at least 230 Alpha points; the second phase (6 hours) requires at least 180 points, first come first served. The claim will consume 15 Alpha points, and the user must confirm within 24 hours, otherwise it will be deemed as abandoned.

Odaily News Bombie completed the destruction of 634 million BOMB tokens at 02:06 (UTC) on June 25, accounting for 6.34% of the total supply. These tokens were repurchased from the market by the Bombie Foundation at a total cost of millions of dollars, and have now all been permanently destroyed. In the face of market fluctuations, Bombie has stabilized expectations with practical actions and expressed its firm attitude towards the long-term development of the ecosystem. In order to further enhance the use scenarios of tokens, Bombie simultaneously launched a staking incentive activity with a total amount of more than 1 million US dollars. Users who stake BOMB will receive rewards in the form of USDT on an hourly basis. The team said that despite the challenges faced in the early stages of TGE, Bombie will continue to focus on product construction and community incentives to be fully prepared for the restart in the Q3 phase.