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Gate Research Daily Report: Truth Social plans BTC & ETH ETF, Infini ends Infini Card services. BTC rebounds to 107,125 USDT, ETH consolidates, altcoins mixed. PENDLE, ZKJ, HYPE shine, DeFi & chain games heat up. Backpack expands multi-chain support, KAI Battle of Three Kingdoms token sale live.

Gate Research Daily Report: LABUBU token’s market cap exceeded $55 million, with a 24-hour surge of over 54%. Vietnam passed the Digital Technology Industry Law, recognizing crypto assets’ legal status from 2026. BTC stabilized at 105,800 USDT, while ETH spot ETFs recorded five consecutive weeks of $528 million net inflows. JTO, LM, and HOUSE tokens rose 17.17%, 24.56%, and 27.68%, respectively, driven by community enthusiasm. Geopolitical risks caused market volatility, with oil and gold spiking then retreating. Gate Launchpool introduced the CRT Project, offering 1.5 million CRT airdrops for staking, powered by AI-driven Web3 content creation.

Gate Research Daily Report: On June 13, BTC dropped 4.30% to 103,884 USDT, briefly falling below 103,000 USD during the session, with daily ETF net outflows reaching $202 million. ETH fell 10.76% to 2,474 USDT; ETH ETFs recorded net inflows for the 18th consecutive trading day, with $10.8 million net inflow yesterday. The altcoin market continued to decline, as the Fear and Greed Index dropped to 54. U.S. stock markets closed higher on Thursday, with the Dow and S&P 500 hitting new three-month highs. May PPI data beat expectations. Spot gold was quoted at $3,435.15 per ounce, up 1.43% in 24 hours. The SEC has officially repealed the stringent DeFi regulatory proposals from the Gensler era, bringing short-term regulatory relief for the industry. Uniswap Wallet launched a smart wallet feature, supporting one-click swaps and bundled transactions. Polygon’s native token POL has bridged to Solana through the Wormhole NTT framework. Gate Launchpool has launched a new project, MEET48.