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BlockBeats News, June 18th, CryptoQuant analyst Maartunn posted, stating that at the current price, Strategy's BTC reserve can cover its dividends for about 32 years. However, if Strategy needs to sell BTC to pay these dividends, selling pressure may occur, potentially driving down the BTC price. A decrease in the BTC price would then reduce the value of its BTC reserve and shorten the dividend coverage period it is emphasizing. In other words, if this situation persists, there may be a risk of evolving into a downward spiral. Previously reported, Strategy's preferred stock STRC severely deviated from its peg to a recent low, with a closing price of $88.9. The significant deviation of STRC indicates a market demand for a higher yield and a decrease in investor confidence in its credit/dividend stability. Strategy previously relied heavily on issuing STRC to finance the purchase of Bitcoin; if the STRC price is below face value, issuing new STRC is no longer cost-effective for the company, equivalent to borrowing at a higher cost. Therefore, its "ability to continue buying coins" will be weakened. In response to this, Strategy stated on social media: "The company's Bitcoin reserve is sufficient to cover dividends for 32 years," attempting to stabilize the market.

```htmlJinse Finance reported that on June 18, the Federal Reserve indicated it might raise interest rates before the end of the year. After the US dollar reached an 11-week high against a basket of currencies, it remained at elevated levels. As expected, the Federal Reserve kept interest rates unchanged, but its latest forecasts show that 9 out of 19 officials anticipate at least one rate hike by year-end, whereas in March, none expected an increase. The newly appointed Federal Reserve Chairman Kevin Walsh also emphasized that policymakers are “clear and united” in their commitment to bringing the inflation rate back down to the Federal Reserve's 2% target. The DXY dollar index rose 0.1% to 100.218, having hit a high of 100.574 on Wednesday. (Sina Finance)```

Golden Ten Data reported on June 18 that the Central Bank of the Philippines has raised its benchmark interest rate by 25 basis points to 4.75% for the second consecutive time, in line with the forecasts of 23 out of 30 economists surveyed by institutions, while the remaining 7 economists had previously expected a 50 basis point hike. Despite a temporary peace agreement between the United States and Iran, which includes reopening the Strait of Hormuz—a key channel for global energy supply—Asian central banks continue to tighten monetary policy, underscoring their cautious stance. The Bank of Japan raised its policy rate on Tuesday and pledged further rate hikes to mitigate inflation risks, and the market expects Bank Indonesia to follow suit on Thursday. The Philippines relies almost entirely on oil imports from the Middle East, making it one of the countries most affected. Although the country's inflation rate dropped to 6.8% last month, it remains well above the central bank's target range of 2% to 4%. The Philippine government has warned that local fuel prices may take up to a year to return to pre-war levels.