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Ethereum leverage drops, South Korea tightens crypto rules, and Bitcoin mortgage gains traction.

Ethereum funding rate flattens to near zero as traders pull back leverage

Cryptopolitan - On June 4, Ether’s 8-hour network-wide average funding rate was only 0.0028%, according to CoinGlass. This low rate suggests traders were not very sure about the market’s direction. Usually, higher leverage shows that traders have more confidence in how an asset will move. This average considers all major exchanges, but the figures differ significantly from...

Shenzhen Huaqiang to Benefit from Rising Electronic Component Prices

Binance News - Shenzhen Huaqiang, during an institutional survey on June 4, stated that the electronic components industry is experiencing high prosperity and is one of the sectors undergoing inflation. According to Jin10, prices across various industry segments, including raw materials, design, wafer foundry, and packaging and testing, are on the rise, with most component prices also increasing. As a leading local distributor of electronic components, the company plays an indispensable role in the industry's supply chain and is set to benefit from the overall inflation in the sector. Shenzhen Huaqiang plans to seize the opportunity presented by the industry's high prosperity to promote sustained high-quality business development.

CME CEO Terry Duffy Criticizes CFTC Approval of Perpetual Contracts

Binance News - CME Group CEO Terry Duffy has expressed significant concerns over the recent approval of perpetual contracts by U.S. regulators. According to Odaily, Duffy stated that these contracts offer little practical use for institutional investors while exposing retail investors to excessive risk. He disagreed with the Commodity Futures Trading Commission's (CFTC) decision to approve the first crypto perpetual contracts after a swift review process and has communicated his concerns to the CFTC Chairman. Duffy warned that perpetual contracts and prediction markets are fueling a speculative frenzy among retail investors, which he believes could lead to an ...

AI TRENDS | U.S. Officials Discuss Potential Government Stake in AI Firms

Binance News - According to a report by Reuters, citing digital news outlet NOTUS, three informed sources have revealed that senior U.S. officials have engaged in preliminary discussions with major artificial intelligence (AI) companies about the possibility of the government acquiring stakes in these firms. According to Jin10, while the plans are still under development and specific details remain uncertain, the discussions focus on encouraging these companies to voluntarily cede some shares to the government. The report highlights that the investment returns from such stakes could be used for public purposes, such as distributing dividends to all households across the United States. This report emerges as AI giants OpenAI and Anthropic are preparing for highly anticipated initial public ...

XRP Ledger 3.2.0 nears launch as core system shifts from rippled to xrpld 

Cryptopolitan - The XRP Ledger is preparing for one of its most significant infrastructure updates yet, as version 3.2.0 moves closer to mainnet deployment. This comes alongside a rebranding of its core server software from “rippled” to “xrpld.” According to recent developer updates and XRP Ledger Operations announcements, the upcoming release is part of a broader effort...

South Korea to Enforce AML Measures on Large Crypto Transfers

Binance News - South Korea is set to implement anti-money laundering (AML) measures for virtual asset service providers handling cryptocurrency transfers of 10 million won or more. According to NS3.AI, these measures will apply to transactions involving overseas exchanges or personal wallets. The Financial Intelligence Unit (FIU) reportedly reached this decision following a meeting with exchange representatives yesterday.

House Panel Prepares Cryptocurrency Tax Legislation

Binance News - A House panel responsible for tax policy is preparing to introduce legislation concerning the taxation of cryptocurrencies. According to Bloomberg, the release of this legislation could occur as early as Friday, with a hearing scheduled for early next week. The panel's actions aim to address the complexities surrounding cryptocurrency taxation.

Japan's Real Wages Rise for Fourth Consecutive Month, Bolstering Rate Hike Prospects

Binance News - Japan's real wages have increased for the fourth consecutive month, marking the longest streak of growth in four years, which strengthens the case for a rate hike by the Bank of Japan this month. According to Jin10, a report released by Japan's Ministry of Health, Labour and Welfare on Friday indicated that inflation-adjusted real wages rose by 1.9% year-on-year, accelerating from the revised 1.4% increase in the previous month. This figure surpassed economists' earlier expectations of a 1.7% rise. Nominal wages grew by 3.5%, also exceeding the market's general forecast of 3.1%. Basic wages increased by 3.4%, while another wage indicator closely monitored by Bank of Japan officials, which effectively avoids sampling errors, showed that full-time workers' wages grew by ...

Analysis of Prediction Markets and Opta Supercomputer on France and Spain Odds

Binance News - According to PANews, the prediction markets and Opta supercomputer have provided odds of 17% for France and 16.1% for Spain. This analysis delves into the factors influencing these odds, including liquidity, biases, and regulatory impacts. The odds reflect the complex interplay of market dynamics and computational predictions, highlighting the role of liquidity in shaping market prices. Additionally, biases inherent in prediction models and the influence of regulatory frameworks are examined as key elements affecting the odds. This comprehensive analysis provides insights into the mechanisms behind the odds for France and Spain.

Ether.fi Puts $100 Million Into Plume’s RWA Vault to Chase Real-World Yield

TheCurrencyAnalytics - Ether.fi just moved $100 million into a Plume Real World Asset vault. That’s a big number, and it’s not sitting… Read the original on Ether.fi Puts $100 Million Into Plume’s RWA Vault to Chase Real-World Yield. For more crypto news and analysis, visit TheCurrencyAnalytics.com.

Toronto Blue Jays' Win Probability Surges in Polymarket Event

Binance News - The win probability for the Toronto Blue Jays in the Polymarket event 'Toronto Blue Jays vs. Atlanta Braves' has experienced significant fluctuations. According to ChainCatcher, the probability for the Blue Jays option has surged from 30.5% an hour ago to the current 53%, marking a 22.5% increase. This change highlights the impact of recent developments on the prediction market.

Whale Invests $96,199 in Polymarket's U.S.-Iran Peace Agreement Event

Binance News - Significant financial activity has been observed on the prediction market Polymarket, according to ChainCatcher. A large investor, often referred to as a 'whale,' has made a substantial purchase of $96,199.06 in the event titled 'U.S.-Iran Permanent Peace Agreement' for the date of June 7. Based on the current transaction price, the latest implied probability of this event occurring stands at 97%.

South Korea's Finance Minister Signals Potential Measures Amid Currency Fluctuations

Binance News - South Korea's Finance Minister has indicated that the government may implement measures if currency fluctuations intensify or inflationary pressures worsen. According to Jin10, the minister emphasized the importance of monitoring economic indicators closely to ensure stability in the financial markets. The statement comes amid ongoing concerns about global economic conditions and their impact on South Korea's economy. The minister's remarks highlight the government's readiness to respond to potential economic challenges.

Japan's Household Spending Rises 1.6% in April

Binance News - Japan's household spending increased by 1.6% in April, surpassing expectations of 0.8%, according to Jin10. This follows a previous decline of 1.3% in March.

Fannie Mae-Backed Bitcoin Mortgage Heads Nationwide

Bitcoin.com - A first-of-its-kind bitcoin-backed mortgage has entered the U.S. housing market. Coinbase and Better funded the first Fannie Mae-backed mortgage using bitcoin collateral, creating a new option for homebuyers with wealth held in digital assets. Bitcoin Collateral Moves From Crypto Portfolios Into Home Lending The first Fannie Mae-backed bitcoin mortgage has been funded, clearing the way […]

Canada Launches AI Strategy Aiming for 250,000 Jobs

Binance News - Canada has unveiled its national artificial intelligence (AI) strategy, AI for All, promising to create 250,000 jobs over five years, according to BeInCrypto. Prime Minister Mark Carney and AI Minister Evan Solomon announced the plan in Toronto, targeting $200 billion in growth and increasing business AI adoption from 12% to 60% by 2034. This initiative follows the 2017 Pan-Canadian AI Strategy and aims to provide free AI literacy to 1 million students. Meanwhile, UC Berkeley reported record failure rates in computer science due to AI-enabled cheating, highlighting the technology's impact on education.

Ukraine Proposes Direct Talks with Russia to End Conflict

Binance News - On the 4th, Ukrainian President Volodymyr Zelensky sent an open letter to Russian President Vladimir Putin, suggesting direct talks between the leaders of both countries. According to Odaily, Zelensky proposed a fair and dignified approach to ending the conflict and establishing effective security guarantees. The letter emphasized Ukraine's intention to avoid prolonged conflict and proactively offered a ceasefire negotiation plan. Ukraine proposed that initial direct consultations between Ukraine and Russia should take place, followed by involvement from the United States, Europe, and other relevant parties to support the development of a subsequent security ...

Trump Administration Announces Milestone for Small Modular Nuclear Reactor

Binance News - The Trump administration announced that a small modular nuclear reactor achieved a significant milestone on Thursday. Bloomberg posted on X, highlighting the importance of this development in the nuclear energy sector. This achievement marks a step forward in advancing nuclear technology, which is seen as a potential solution for clean and efficient energy production. The milestone is expected to pave the way for further innovations and deployment of modular reactors, contributing to the diversification of energy sources.

Blackstone’s BCRED Caps Withdrawals at 5% as Private Credit and Crypto Both Crack

TheCurrencyAnalytics - Blackstone hit a wall this quarter. Its private credit fund, BCRED, restricted withdrawals to 5% of outstanding shares — even… Read the original on Blackstone’s BCRED Caps Withdrawals at 5% as Private Credit and Crypto Both Crack. For more crypto news and analysis, visit TheCurrencyAnalytics.com.

Canton Network Tops Fee Generator Rankings as Institutions Drive Q1 2026 Activity

BeInCrypto - Canton Network captured 42% of crypto fees in Q1 2026 as institutional activity drove its rise to the top fee chain. The post Canton Network Tops Fee Generator Rankings as Institutions Drive Q1 2026 Activity appeared first on BeInCrypto.

Canada Launches AI for All Strategy as UC Berkeley Counts the Classroom Cost

BeInCrypto - Canada launched its AI for All strategy as UC Berkeley reported record CS failure rates tied to AI overreliance. The post Canada Launches AI for All Strategy as UC Berkeley Counts the Classroom Cost appeared first on BeInCrypto.

Visa and Mastercard Pull Out of Cuba as US Sanctions Bite Hard

TheCurrencyAnalytics - Visa and Mastercard have stopped processing payments in Cuba. The two card giants cut operations after the United States expanded… Read the original on Visa and Mastercard Pull Out of Cuba as US Sanctions Bite Hard. For more crypto news and analysis, visit TheCurrencyAnalytics.com.

Comptroller says only Democrats pressuring over crypto trust charter

CoinTelegraph - US Comptroller of the Currency Jonathan Gould and New York Representative Gregory Meeks sparred over Donald Trump’s influence on regulators he has nominated as president at a Thursday oversight hearing.

Pred Opens to Public as $5M Beta Volume Fuels World Cup Sports Trading Push

Bitcoin.com - Peer-to-peer decentralized sports trading exchange, Pred, has officially opened to public access to its platform. The public debut just a few days before the opening match of the 2026 FIFA World Cup. Beta Engagement and Performance Metrics Pred, a peer-to-peer sports trading exchange built on the Base blockchain network, opened public access on June 4 […]

New PAC Backs Crypto Builders as CLARITY Act Heads Toward Senate Vote

TheCurrencyAnalytics - A new political action committee just jumped into one of Washington’s messiest crypto fights. The group is pushing hard on… Read the original on New PAC Backs Crypto Builders as CLARITY Act Heads Toward Senate Vote. For more crypto news and analysis, visit TheCurrencyAnalytics.com.

Apple to Use NVIDIA Chips for Siri via Google Cloud

Binance News - Apple plans to power its new Siri with NVIDIA Blackwell chips through Google Cloud starting in September 2026, according to BeInCrypto. This collaboration will see Apple utilizing NVIDIA's Blackwell B200 data center chips for cloud-based AI processing, while maintaining privacy standards through NVIDIA's confidential computing technology. The move positions NVIDIA as a critical infrastructure provider for Apple's AI initiatives, potentially expanding its enterprise AI footprint. Share prices for NVIDIA and Apple saw slight increases following the reports.

Trump Open to Meeting Iran's New Supreme Leader if Agreement Reached

Binance News - U.S. President Donald Trump stated on June 4 that he is open to the possibility of meeting Iran's new Supreme Leader, contingent upon reaching a final agreement. According to NS3.AI, Trump also mentioned that he had decided against a previously considered plan to deploy U.S. troops for the removal of enriched uranium from an Iranian nuclear facility. This development comes amid ongoing discussions and negotiations concerning Iran's nuclear program.

NVIDIA Could Seal a Major Alliance With Apple After Launching Nemotron 3 Ultra AI model

BeInCrypto - According to recent reports, Apple plans to power its new Siri on NVIDIA Blackwell chips through Google Cloud starting in September, just days after NVIDIA launched its most powerful AI model yet. We break down the potential alliance, NVIDIA’s freshly unveiled Nemotron 3 Ultra, and what this could mean for the broader AI race. Why The post NVIDIA Could Seal a Major Alliance With Apple After Launching Nemotron 3 Ultra AI model appeared first on BeInCrypto.

San Francisco Giants' Win Probability Surges in Polymarket Event

Binance News - The win probability for the San Francisco Giants in the Polymarket event 'San Francisco Giants vs. Milwaukee Brewers' has experienced a significant increase. According to ChainCatcher, the probability for the 'Spread -2.5' option for the Giants surged from 73.5% to 97% within the past hour, marking a 23.5% fluctuation. This change may be influenced by recent developments related to the event.

SEBI Alleges Rajesh Exports Misrepresented $158B Revenue

Binance News - India's market regulator, the Securities and Exchange Board of India (SEBI), has accused Rajesh Exports of misrepresenting approximately $158 billion in revenue over five years, according to BeInCrypto. SEBI claims this figure represents 99.8% of the revenue attributed to the company's subsidiaries, primarily Swiss refiner Valcambi. The interim order, issued on June 3, bars promoter and chairman Rajesh Mehta from the securities market and mandates a fresh forensic audit. SEBI's investigation began after a shareholder complaint in March 2024 and revealed discrepancies in ownership records and transaction evidence. Rajesh Exports denies wrongdoing, attributing the issue to a communication gap. The company's stock fell sharply following the announcement.

Russia targets British 17-year-old for alleging digital assets were skirting sanctions

CoinTelegraph - Political activist Bill Browder, the teenager’s father, said his son was “the first high school student in the world to be sanctioned by an authoritarian regime” over a report on the ruble-pegged stablecoin A7A5.

Solo Bitcoin Miners Keep Pocketing Full Block Rewards in 2026: Here’s How

Bitcoin.com - Solo bitcoin miners running desktop-sized hardware are still finding full blocks in 2026, and the data from several active solo mining pools makes clear this is no longer a fluke. A Recent Solo Win Puts the Spotlight Back on Home Mining A solo miner hit a bitcoin block recently, collecting the full 3.125 BTC subsidy […]

Lululemon's First Quarter Revenue Exceeds Expectations

Binance News - Lululemon reported its first-quarter revenue at $2.5 billion, surpassing the IBES forecast of $2.433 billion. According to Jin10, this performance highlights the company's strong market position and effective business strategies.

Blue Origin Remains Eligible for U.S. Military Space Launch Bids Despite Explosion

Binance News - Blue Origin, the aerospace company owned by Jeff Bezos, remains eligible to bid for lucrative U.S. military space launch projects despite a recent explosion at its launch pad, according to the U.S. Space Force's procurement department. According to Jin10, the explosion occurred during a final ignition test before launch, not during an actual launch process. As the incident did not occur during a certification flight, the U.S. Space Force stated that Blue Origin will not be excluded from the certification process. The company can still compete for contracts in the third phase of the Pentagon's National Security Space Launch program, known as 'Lane 2,' alongside Elon Musk's SpaceX.

Perp DEX Trading Volume Averages $611.57 Billion This Year

Binance News - According to NS3.AI, the average monthly trading volume on perpetual decentralized exchanges (Perp DEX) has reached $611.57 billion this year, based on data from CoinGecko. This marks an increase from last year's average of $531.65 billion. The rise in trading volume highlights the growing interest and activity in the decentralized finance sector.

Ray Dalio Advocates for Diversified Investing with Gold and Bitcoin Hedge

Binance News - Ray Dalio has emphasized the benefits of global macro long-short investing, highlighting its superior diversification compared to single-market, long-only strategies. According to NS3.AI, Dalio recommended a hedge comprising approximately 15% in gold and Bitcoin, although he expressed a strong preference for gold over Bitcoin.

Regulator Denies Acting on Trump's Orders in Congressional Hearing

Binance News - A regulator has denied allegations of acting on President Donald Trump's orders during a congressional hearing, according to CoinDesk. The hearing also discussed the GENIUS Act, which focuses on stablecoin initiatives. The regulator's comments come amid scrutiny over the administration's influence on regulatory actions, highlighting the ongoing debate around stablecoin regulation and its implications for the financial sector.

AI TRENDS | DeepMind CEO Predicts AGI Arrival by 2030, Warns of Societal Impact

Binance News - Demis Hassabis, CEO of Google DeepMind, has projected that artificial general intelligence (AGI) could be developed by around 2030, with a margin of error of one year. According to NS3.AI, Hassabis emphasized the urgency for society to prepare for the potential economic and social impacts of AGI. He highlighted the limited time available to address these challenges, urging stakeholders to consider the implications of such advanced technology.

Google DeepMind CEO Says AGI Is Coming Fast: 'We Don't Have Long to Prepare'

Decrypt - The Nobel Prize-winning AI researcher says humanity is standing in the "foothills of the singularity."

Goldman Sachs Forecasts SpaceX to Spend $350 Billion by 2030

Binance News - Goldman Sachs has projected that SpaceX will accumulate a total cash expenditure of $350 billion by the year 2030. According to Jin10, this forecast highlights the significant financial resources expected to be utilized by SpaceX over the coming years.

Fidelity Cuts SpaceX IPO Eligibility by 99%, But 5 Rules Could Cost You Access

BeInCrypto - Fidelity slashed the SpaceX IPO minimum to $2,000, but five brokerage flip rules can lock retail investors out fast. The post Fidelity Cuts SpaceX IPO Eligibility by 99%, But 5 Rules Could Cost You Access appeared first on BeInCrypto.

Bisq and Kruw.io See Significant Monthly Volumes in Bitcoin Transactions

Binance News - Bisq, a peer-to-peer platform for acquiring Bitcoin, is estimated to handle nearly $5 million in transactions each month. According to NS3.AI, this platform offers a more private option for Bitcoin acquisition. Additionally, Gustavo noted that Kruw.io holds over 97% of the Coinjoin market liquidity, with a monthly volume of approximately 30,000 BTC.

Lido Unveils Staking Router V3 with Enhanced Validator Limit

Binance News - Lido has introduced its Staking Router V3, which increases the maximum validator limit to 2,048 ETH. According to NS3.AI, this upgrade incorporates balance-based accounting to enhance the efficiency of Ethereum staking.

Cosmos Labs acquires Mintscan, opens Seoul subsidiary to consolidate ecosystem infrastructure

Cryptopolitan - Cosmos Labs has bought the Mintscan blockchain explorer and formed a new South Korean subsidiary to bring the four pillars of the Cosmos network under one operator. Following the acquisition, Mintscan, Skip:Go, IBC Eureka, and the Cosmos Hub will now belong within a single operating structure known as Cosmos Labs Korea Co., Ltd. (CLK) and...

AI TRENDS | Goldman Sachs Positioned to Benefit from AI Capital Spending

Binance News - Goldman Sachs is identified as a potential indirect beneficiary of increased capital spending related to artificial intelligence. According to NS3.AI, the investment bank is expected to see rising demand for financing in areas such as data centers, power infrastructure, semiconductors, transmission networks, and reshoring projects. This trend highlights the growing influence of AI on various sectors and the financial opportunities it presents for institutions like Goldman Sachs.

Strategy's Michael Saylor Blames 'Capital Rotation' Into AI as Bitcoin Dives 13%

Decrypt - With Bitcoin falling hard this week and down nearly 50% from peak. Strategy's Michael Saylor is pointing the finger at the AI boom.

Finseta Swings to £1.1M Loss as Corporate Push Squeezes Margins

TheCurrencyAnalytics - What happened Finseta — previously called Cornerstone FS — just posted a net loss of £1.1 million for 2025. A… Read the original on Finseta Swings to £1.1M Loss as Corporate Push Squeezes Margins. For more crypto news and analysis, visit TheCurrencyAnalytics.com.

Coinbase Launches SpaceX Pre-IPO Futures Trading

cryptoDNES - Coinbase introduces SPCX-PERP, allowing traders to speculate on SpaceX's valuation with up to 5x leverage through USDC-settled perpetual futures. The post Coinbase Launches SpaceX Pre-IPO Futures Trading appeared first on CryptoDnes EN.

Crypto billionaires push Nigel Farage and Reform UK to fundraising lead

Cryptopolitan - The Reform UK party raked in £9.3 million in private donations during the first three months of 2026, which is more than double what either the Labour or the Conservative parties managed, according to Electoral Commission figures published on Thursday, June 4. Two cryptocurrency investors, Ben Delo, co-founder of the BitMEX trading platform, and Christopher...

Strategy Sees Its Largest Ever Unrealized Loss at Over $10 Billion

CryptoPotato - The company’s latest portfolio snapshot shows total invested capital at about $63.87 billion against a current valuation of $53.4 billion.

Launch: Plume and EtherFi Introduce $100 Million RWA Vault for Institutional Yield

Binance News - Plume and EtherFi have announced the launch of a $100 million Real World Asset (RWA) Vault designed to offer institutional-grade yield. According to NS3.AI, this new financial product will be accessible to eligible EtherFi users via the EtherFi application. The initiative aims to provide a robust investment opportunity by leveraging real-world assets to generate returns for institutional investors. The collaboration between Plume and EtherFi underscores the growing interest in integrating traditional financial instruments with blockchain technology to enhance yield potential.

Apple to use Google's Nvidia processors for planned Siri revamp

Cryptopolitan - Tech giant Apple is furthering plans to power its Siri assistant revamp using Nvidia’s Blackwell B200 processors hosted in Google’s data centers, which points to a U-turn from the company’s regular strategy of having control over its entire tech stack. The announcement is expected to come alongside a preview of iOS 27 and the initial...

Harborne and Delo Donate $9.4 Million to Reform UK in Early 2026

Binance News - Christopher Harborne and Ben Delo contributed $9.4 million to Nigel Farage’s Reform UK during the first quarter of 2026. According to NS3.AI, these donations surpassed the contributions received by both the Conservative and Labour parties. Harborne and Delo's donations accounted for 28% of all political party donations in the UK for the quarter.

Gerber Lambasts Saylor's Bitcoin Sale

U.Today - Investment advisor Ross Gerber has fiercely criticized Michael Saylor for a perceived market "rug pull" after Strategy Inc. sold 32 Bitcoin, breaking the firm's famous "never sell" pledge for the first time since late 2022. Investment advisor Ross Gerber has fiercely criticized Michael Saylor for a perceived market "rug pull" after Strategy Inc. sold 32 Bitcoin, breaking the firm's famous "never sell" pledge for the first time since late 2022.

Crypto Billionaires Donate $9.4M to Farage’s Reform UK in Q1

Decrypt - Tether investor Christopher Harborne and BitMEX co-founder Ben Delo’s outspent Britain's traditional political donors.

XRP Analyst CharuSan Sees $300 on Institutional Liquidity Demand, Not Market Cap

TheCurrencyAnalytics - XRP could hit $300. That’s the call from an analyst known as CharuSan, who thinks the entire framework most people… Read the original on XRP Analyst CharuSan Sees $300 on Institutional Liquidity Demand, Not Market Cap. For more crypto news and analysis, visit TheCurrencyAnalytics.com.

Anthropic's AI Now Writes Over 80% of Its Code

Binance News - Anthropic has revealed that its AI, Claude, is now responsible for writing more than 80% of the code merged into the company's production systems as of May 2026, according to BeInCrypto. This marks a significant increase from the low single-digit percentages before the rollout of its in-house coding agent in February 2025. The company suggests this development could lead to recursive self-improvement, where AI systems autonomously build more capable successors. Anthropic's disclosure comes as it prepares for a confidential IPO, emphasizing its focus on safety and rapid AI development.

Anthropic Admits AI Is Learning to Build Better AI Faster Than Expected

BeInCrypto - Anthropic's internal data shows Claude writing most of its code, an early signal of recursive self-improvement in AI. The post Anthropic Admits AI Is Learning to Build Better AI Faster Than Expected appeared first on BeInCrypto.

Diana Shnaider's Winning Odds Surge in Roland Garros WTA Match

Binance News - Diana Shnaider's chances of winning the first set against Maja Chwalinska in the Roland Garros WTA match have seen a significant increase, according to Catcher Predict monitoring. The prediction market Polymarket shows Shnaider's odds have jumped from 57% to 76.5% within the past hour, marking a 19.5% fluctuation. This change highlights the impact of recent developments on the match's outcome.

Crypto Market Sees $1.72 Billion Liquidated in 24 Hours

Binance News - In the past 24 hours, the cryptocurrency market experienced liquidations totaling $1.72 billion, according to Coinglass data. Long positions accounted for $1.41 billion of the liquidations, while short positions saw $305 million liquidated. According to ChainCatcher, Bitcoin long positions faced $626 million in liquidations, with short positions seeing $169 million. Ethereum long positions were liquidated for $313 million, while short positions saw $67.28 million liquidated. Additionally, 285,997 traders were liquidated globally during this period. The largest single liquidation occurred on Hyperliquid - BTC-USD, valued at $16.19 ...

Dave Portnoy Holds BTC and XRP Amid Losses

Binance News - Dave Portnoy has announced that he will retain his holdings in Bitcoin (BTC) and XRP despite facing significant unrealized losses amounting to millions of dollars. According to NS3.AI, Portnoy revealed that he has utilized a substantial portion of his cash reserves to purchase more of these cryptocurrencies during the recent price downturn.

Bitcoin Miners Emerge as 'Power Landlords' of AI Boom—And Revenue Will Surge: Bernstein

Decrypt - Bernstein is bullish on Bitcoin miners as they increasingly power the AI boom, assigning “Outperform” ratings to TeraWulf and Cipher Digital.

Coinbase partners with Better to launch first crypto-backed mortgage, announce launch date

Cryptopolitan - Popular crypto exchange Coinbase in partnership with Better Home & Finance have launched the very first Fannie-Mae backed mortgage with Bitcoin used as collateral, creating a path for crypto holders to acquire homes without selling their assets. The two companies announced on Wednesday that a couple in Ann Arbor, Michigan, closed on the very first...

FIFA World Cup Expands to 48 Teams Across North America

Binance News - Sports City returns with a focus on the FIFA World Cup, the most watched sports event globally. Bloomberg posted on X, highlighting that this year's tournament will be hosted across three countries: the United States, Mexico, and Canada. The event will take place in 16 cities, featuring a record 48 teams competing for the title.

Nvidia's AI Server Cluster Rubin NVL72 Faces Memory Configuration Changes

Binance News - Nvidia's upcoming AI server cluster, Rubin NVL72, has undergone significant memory configuration changes, according to a recent report by SemiAnalysis. The report highlights that due to supply chain constraints, the memory capacity per cabinet has been reduced from the initially planned 55TB to 28TB, a decrease of approximately 50%. The original 192GB high-capacity SOCAMM memory modules have been replaced with a reduced 96GB version. According to Odaily, this development has impacted memory-related stocks, including Micron and SK Hynix, which have experienced downward pressure. ...

Kenya Defends $13M US-Backed Ebola Facility Amid Court Challenges

Binance News - Kenya's government remains firm on its $13 million US-backed Ebola facility, with Health Cabinet Secretary Aden Duale stating the country has "no apology to make" for the deal. According to BeInCrypto, Duale defended the Laikipia Air Base site as part of 23 isolation centers, emphasizing over two decades of US health cooperation. Despite a court order and protests, Duale insists the project is Kenyan-run, with oversight by the Kenya Defense Forces and US colleagues. The facility aims to treat both Kenyan and American personnel, countering claims of exclusivity for US citizens.

Meta Platforms Sees Intraday High with 3% Increase

Binance News - Meta Platforms (META.O) experienced a significant rise in its stock price, with gains expanding to 3% at one point, reaching an intraday high. According to Jin10, this marks a notable performance for the company in the stock market.

STOCKS | Micron Shares Surpass $1,000 Mark Ahead of Earnings Report

Binance News - Micron shares have exceeded the $1,000 threshold for the first time, reaching approximately $1,079 on June 3, 2026. According to NS3.AI, analysts have set price targets ranging from $249 to $1,750 as the company prepares to release its earnings report on June 24.

AI TRENDS | OpenAI Enhances ChatGPT Memory Synthesis for Improved Performance

Binance News - OpenAI has announced improvements to the memory synthesis capabilities of ChatGPT, aiming to enhance the freshness, continuity, and relevance of its responses. According to Jin10, these updates are part of OpenAI's ongoing efforts to refine the performance of its AI models, ensuring more accurate and contextually appropriate interactions with users. The enhancements are expected to provide a more seamless and coherent user experience, addressing previous limitations in the AI's ability to maintain context over extended conversations.

OpenAI Updates Plus and Pro Users in the U.S.

Binance News - OpenAI has announced an update for its Plus and Pro users in the United States. According to Jin10, the update will be gradually rolled out to other countries and to free and Go users in the coming weeks.

Nova Markets Completes New Funding Round with Multiple Investors

Binance News - Nova Markets has announced the completion of a new funding round. According to Odaily, the round saw participation from Wintermute Ventures, Robot Ventures, Big Brain VC, Cumberland, GSR, Greenfield Capital, Hash3, Bodhi Ventures, and Kairos Research. The company focuses on on-chain capital and prediction market infrastructure. The funds will be used to migrate more perpetual contracts and prediction markets on-chain.

Serenity Surpasses Musk with Over 47,000 Subscribers on X Platform

Binance News - Serenity, a prominent trader on Reddit's WallStreetBets (WSB) forum, announced on the X platform that their subscriber count has exceeded 47,000, surpassing Elon Musk. According to Odaily, Serenity is known for making core research findings publicly available for free. Their research framework focuses on the critical components within the NVIDIA AI chip industry chain. By thoroughly analyzing the essential 'screw-like' components in chip manufacturing and packaging, Serenity identifies key chokepoints in the supply chain. This approach allows them to strategically invest in upstream targets with scarcity and bargaining power.

Russia targets UK teenager with sanctions for exposing A7A5 laundering network

Cryptopolitan - Alexander Browder, the 17-year-old British student and son of Kremlin critic Sir Bill Browder, was added to Russia's sanctions list on Tuesday, June 2. 

Dave Portnoy Announces He Will Not Sell XRP and Bitcoin Despite Multi-Million Loss

U.Today - Dave Portnoy refuses to sell his XRP and Bitcoin holdings despite a massive crash, revealing a million-dollar reason keeping him in the crypto market. Dave Portnoy refuses to sell his XRP and Bitcoin holdings despite a massive crash, revealing a million-dollar reason keeping him in the crypto market.

PRECIOUS METALS | Historic Silver Mine Goes Public Amid IPO Market Surge

Binance News - A 140-year-old silver mine has recently gone public, highlighting the current fervor in the IPO market. Wall Street Journal (Markets) posted on X that the mine's decision to enter the public market underscores the heightened activity and investor interest in initial public offerings. This move comes as companies across various sectors are capitalizing on favorable market conditions to raise capital and expand their operations. The silver mine, with its rich history and longstanding operations, represents a unique addition to the list of companies seeking public investment. The IPO market has seen a resurgence, driven by factors such as economic recovery and ...

Dormant Wallet Sells 10,000 ETH for USDC

Binance News - A previously inactive cryptocurrency wallet has made a significant transaction after three years of dormancy. According to BlockBeats On-chain Detection, the wallet, identified as 0x293a, received 10,000 ETH just an hour ago. The ETH was subsequently sold at an average price of $1,772, resulting in a total of 17.72 million USDC.

ARK Invest's Valente Highlights Overlooked Crypto Assets

Binance News - Lorenzo Valente, ARK Invest's Director of Digital Asset Research, shared insights on the X platform regarding the current state of the cryptocurrency sector. According to Odaily, Valente described the market as having a 'graveyard' of overlooked quality protocols, with token prices having fallen 70%, 80%, or even 90% from their historical highs. Despite this, these protocols continue to generate fees, grow, and lead in their respective fields, though they lack attention. Valente provided examples of such protocols: ...

Senate Republicans Urge Clarity on Digital Asset Capital Standards

Binance News - Senate Republicans, spearheaded by Sen. Cynthia Lummis, have called on U.S. financial regulators to provide clear guidelines on capital standards for digital assets. According to NS3.AI, the lawmakers expressed concerns over the Basel Committee's standards, which impose a 1,250% risk weight on digital assets. This move highlights the ongoing debate over regulatory approaches to the burgeoning digital asset sector.

Ripple News and XRP Price Update Today: June 4

CryptoPotato - Check out the latest news and developments surrounding Ripple's ecosystem.

SEC Ends Pattern Day Trader Rule, Removing $25,000 Minimum

Binance News - The Pattern Day Trader rule, which required a $25,000 minimum for day trading stocks, has officially been eliminated. According to NS3.AI, the U.S. Securities and Exchange Commission (SEC) approved a notice to end the rule in April, and the change became effective on Thursday. FINRA Regulatory Notice 26-10 indicates that firms needing additional time to comply can phase in the changes through October 20, 2027.

Premu Introduces Prediction Markets for 2026 FIFA World Cup

Binance News - Premu has unveiled a new feature allowing users to create prediction markets in anticipation of the 2026 FIFA World Cup. According to NS3.AI, this initiative enables market creators to deposit USDC and earn a share of the trading fees generated from these markets.

Fannie Mae-Backed Bitcoin Home Mortgages Are Finally Here, Coinbase Says

Decrypt - Coinbase said a Michigan couple closed on the first-ever conventional, Fannie Mae-backed home mortgage by pledging Bitcoin as collateral.

ChangeNOW Wins Best Digital Assets Fintech at the BeInCrypto Institutional 100 Awards 2026

DailyHODL - KINGSTOWN, St. Vincent and the Grenadines, 4th June 2026, Chainwire The post ChangeNOW Wins Best Digital Assets Fintech at the BeInCrypto Institutional 100 Awards 2026 appeared first on The Daily Hodl.

Meta Platforms Launches Creator Assistant on Facebook in the U.S., Canada, and India

Binance News - Meta Platforms has announced the rollout of its Creator Assistant on Facebook for creators in the United States, Canada, and India. According to Jin10, this new tool aims to support content creators by providing enhanced features and functionalities to improve their engagement and reach on the platform. The initiative is part of Meta's ongoing efforts to empower creators and expand its user base globally.

Binance Announces Winners of Physical Scratch Card Rewards

Binance News - Binance announced on X that a group of users has been selected to receive physical scratch card rewards. The winners include @en520050720, @0xchal, @shelefreyr, @smm088, @SiYuanYuan_BTC, @ghj42598806, @jihaoc82, @xawsdbd, @hua_ze0702, @kittendong, @ybl165, @kakafoever01, @lyx2499, @zhuifei008, @xinchne_eth, @blockphd7, @alluredreamer, @DazhiJY, @Huwangyan, @AerfgSgcpp377, @AlphaDogX666, @btcoindown, @spark888, @captain0bunny, and @TianChai1995. These users are required to send their shipping information via direct message by 20:00 (UTC+8) on June 8, 2026, to claim their rewards. Failure to provide the necessary details by the specified deadline will result in the forfeiture of the ...

U.S. Treasury Secretary Confirms Trump's Investments Managed by Third Party

Binance News - U.S. Treasury Secretary Bessent has confirmed that U.S. President Donald Trump's investments are entirely managed by a third-party entity. According to NS3.AI, Bessent stated that the investment managers have full decision-making authority over any transactions related to Trump's investments.

AI TRENDS | Goldman Sachs Projects SpaceX AI Revenue to Surge 100-Fold by 2030

Binance News - Goldman Sachs has projected that SpaceX's artificial intelligence revenue will increase 100-fold by 2030. According to Jin10, this significant growth is anticipated as the company continues to expand its AI capabilities and applications. The forecast highlights the potential for substantial revenue increases driven by advancements in AI technology and its integration into SpaceX's operations.

Team Falcons' Win Probability Surges in Dota 2 Match

Binance News - The prediction market Polymarket has observed significant fluctuations in the win probability for Team Falcons in the 'Dota 2: Team Falcons vs. Team Liquid - BLAST Slam Playoffs' event. According to ChainCatcher, the probability for Team Falcons to win has surged from 74.5% to 93.5% within the past hour, marking a 19% increase. This change reflects potential impacts from recent developments.

Lukka Acquires Data Platform PEER DATA to Enhance Digital Asset Services

Binance News - Lukka, a provider of software and data for digital assets, has acquired the data platform PEER DATA. According to Foresight News, Lukka offers services to funds, fund managers, auditors, banks, and exchanges that rely on auditable digital asset data. PEER DATA provides these institutions with the necessary infrastructure for contract digitization, usage measurement, and traceability to manage their broader data assets.

Binance Announces Winners of Recent Event Rewards

Binance News - Binance announced on X the winners of its recent event rewards, expressing gratitude to all participants for their involvement. The winners of the Blind Box and 666 USDT prize include users @MythLake2016 and @Jadtrrguson. In addition, several users have been awarded the Children's Day Gift Box. The recipients are @hasanb0rg, @Hank_chou0, @ZZV5YY, @0xdahua, @0xshunshun, @Web3zy8, @CheesyBun0211, @Guava79068343, @Sure5J, @Suu766, @you1873118, @GalaxySky_Web3, @oceansbaby_, @Guomin184935, and @Rita88. These winners are encouraged to send their UID or delivery information via private message by 20:00 (UTC+8) on June 8, 2026, to claim their rewards. Failure to do so by the ...

AI Models Are Pushing Emotional Bonds on Users, New Study Finds

TheCurrencyAnalytics - A new study says the most popular AI chatbots are blurring lines fast. Researchers found that leading models frequently let… Read the original on AI Models Are Pushing Emotional Bonds on Users, New Study Finds. For more crypto news and analysis, visit TheCurrencyAnalytics.com.

RBC Capital Markets Analyst Sets $810 Target for META Stock

Binance News - RBC Capital Markets analyst Brad Erickson has maintained an Outperform rating on META stock, setting a target price of $810. According to NS3.AI, META stock opened on Thursday at $623 and has experienced a decline of 4.22% year-to-date.

Bitcoin’s $63k slide shows ETF demand fighting AI equities for dollar liquidity

CryptoSlate - Bitcoin’s relationship with the S&P 500 has stopped behaving like a simple correlation trade at exactly the wrong time for bulls. For much of 2026, the logic was clean enough. When oil jumped during the Iran war, yields rose amid inflation fears, stocks sold off, and Bitcoin followed, as the market treated BTC as a […] The post Bitcoin’s $63k slide shows ETF demand fighting AI equities for dollar liquidity appeared first on CryptoSlate.

U.S. Natural Gas Inventory Increases by 95 Billion Cubic Feet

Binance News - The U.S. Energy Information Administration (EIA) reported that the natural gas inventory for the week ending May 29 increased by 95 billion cubic feet. According to Jin10, this figure was below the expected increase of 101 billion cubic feet but higher than the previous week's increase of 92 billion cubic feet.

Premu Opens User-Created, Leveraged Prediction Markets Ahead of the 2026 World Cup

DailyHODL - Stockholm, Sweden, 4th June 2026, Chainwire The post Premu Opens User-Created, Leveraged Prediction Markets Ahead of the 2026 World Cup appeared first on The Daily Hodl.

British Teen Sanctioned By Russia After Alleging Crypto Use to Evade Sanctions

Decrypt - The teenager's research into Russia’s alleged illicit crypto flows appears to have prompted Moscow's retaliation.

NewGenIVF Invests Additional $4 Million in K25.ai, Valuing Platform at $100 Million

Binance News - NewGenIVF Group Limited, a Nasdaq-listed company, has announced an additional $4 million strategic investment in the AI-native live prediction platform K25.ai. According to Odaily, this increases the company's total investment in the project to $6 million. Following this investment round, K25.ai's implied valuation has reached $100 million. As part of the strategic collaboration, K25.ai's founder and CEO, Andy Cheung, along with two co-founders, will join the NewGenIVF board. The newly raised funds will be fully allocated to platform development, aiming to accelerate the integration of AI technology with live streaming, digital assets, and prediction market businesses.

Strategy's Saylor Explains Why AI Boom Ruins Bitcoin

U.Today - Michael Saylor attributes the recent Bitcoin drawdown to a $400 billion capital rotation into AI infrastructure, framing the crypto market collapse as a temporary squeeze. Michael Saylor attributes the recent Bitcoin drawdown to a $400 billion capital rotation into AI infrastructure, framing the crypto market collapse as a temporary squeeze.

U.S. Labor Market Faces Mixed Signals Amid May Nonfarm Payrolls

Binance News - The U.S. labor market is experiencing a complex balance as May's nonfarm payrolls report approaches. According to Jin10, institutions predict job growth will range between 60,000 and 105,000. While the healthcare and trade sectors continue to provide support, challenges such as airline bankruptcies and new regulations for freight driver licenses may negatively impact employment. The labor market is described as 'slowing but not deteriorating,' indicating a state of tension.

STOCKS | Freddie Mac Shares Surge 8%

Binance News - Freddie Mac's stock price experienced a significant increase, rising by 8%. According to Jin10, this marks a notable movement in the company's market performance.



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