HODLTicker
66150
Sharplink stakes Ethereum as prices drop; Zcash upgrades boost ZEC; UK warns clubs on crypto sponsors.
Bitcoin Faces 'Date With Destiny' In June: Technical Analyst Shares The Do-Or-Die Level To Watch
Benzinga - Bitcoin (CRYPTO: BTC) could face another major test in June, as analysts warn the asset is losing momentum and weakening against stocks and gold. “Date With Destiny“ In a June 2 podcast, crypto analyst Benjamin Cowen said Bitcoin's next “date with destiny” may arrive in mid-June, with price potentially testing the 200-week moving average. He compared current Bitcoin price action to prior mid-cycle weakness in 2018 and 2022, when BTC found local lows around June before staging relief rallies into July. Overall, the 2026 structure looks similar to 2018, when BTC set a February low, ...
Crypto firms face July 1 EU cutoff as MiCA grace period ends
CoinTelegraph - The ESMA says crypto companies without MiCA authorization must stop serving EU clients from July 1, even if their licence applications remain under review.
Strive in position to buy 10x BTC holdings at current fundraising pace, exec says
Cryptopolitan - The chief risk officer of Strive, Jeff Walton, just shared that the Bitcoin treasury firm is raising $8.1 million in capital per day. At this pace, he claims Strive could generate enough capital to issue up to $15.5 billion in preferred stock and use those funds to purchase approximately 175,000 more Bitcoins at current market...
Sharplink Stakes 422 Ethereum as Price Slides Under $2,000
TheCurrencyAnalytics - Sharplink staked 422 ETH. The company made the move while Ethereum traded below $2,000, a price point that’s made a… Read the original on Sharplink Stakes 422 Ethereum as Price Slides Under $2,000. For more crypto news and analysis, visit TheCurrencyAnalytics.com.
Real Finance, Anchorage Digital partner to expand RWA infrastructure
CoinJournal - Real Finance and Anchorage Digital form RWA infrastructure pact. Partnership combines tokenization, custody, and settlement tools. Firms target institutional adoption of on-chain capital markets. Real Finance and Anchorage Digital have entered into a strategic partnership aimed at supporting the full lifecycle of tokenized assets, as institutional interest in real-world asset (RWA) tokenization continues to grow. […] The post Real Finance, Anchorage Digital partner to expand RWA infrastructure appeared first on CoinJournal.
Zcash Completes 'Most Ambitious' Network Upgrade as ZEC Resumes Recent Surge
Decrypt - A Zcash vulnerability could have allowed double-spending within the network's flagship privacy pool, though no exploitation occurred.
Forget Bitcoin, ETH, XRP: Veteran Crypto Investor Says Robotics Is The Biggest Opportunity Now
Benzinga - Crypto investor Andrew Kang, CEO of Robo Strategy, says humanoid robotics is the biggest investment opportunity since Bitcoin (CRYPTO: BTC), with a path to tens of trillions in market cap. One Robot At $50K Does The Work Of Three Humans At $2 Per Hour Kang built his case on unit economics. A single humanoid robot costs $50,000 upfront, works multiple shifts without breaks, and breaks down to roughly $2 per hour when spread across its lifespan. The average American worker costs $35 to $40 per hour all-in. That cost gap holds even against low-income countries like India and the Philippines. Scaling the math shows the full opportunity. Selling 100,000 robots at $50,000 ...
Every Bitcoin Bottom Since 2012 Hit This Zone: We’re Not There Yet.
BeInCrypto - Bitcoin long-term holder data shows the bear market has further to run before BTC reaches its cyclical bottom. The post Every Bitcoin Bottom Since 2012 Hit This Zone: We’re Not There Yet. appeared first on BeInCrypto.
UK Football vs. Crypto Shirts: Why Your Club’s Sponsor Might Be Breaking the Law
99Bitcoins - UK Crypto Shirt Sponsors: Are Football Clubs Breaking the Law? The post UK Football vs. Crypto Shirts: Why Your Club’s Sponsor Might Be Breaking the Law appeared first on 99Bitcoins.
Why Strategy's Bitcoin Sale May Have Changed Everything: 'Someone Is Going To Lose Badly', Expert Says
Benzinga - Strategy (NASDAQ:MSTR) may have created a capital structure problem that could hurt either Bitcoin (CRYPTO: BTC), MSTR shareholders or preferred holders, according to a prominent industry expert. Strategy's Changing Risk Profile Speaking on Unchained's "Bits + Bips" podcast, Arca Chief Investment Officer Jeff Dorman said Strategy's decision to add large, preferred stock obligations has changed the risk profile around Michael Saylor's Bitcoin strategy. Strategy recently disclosed it sold 32 Bitcoin at the end of May for roughly $2.5 million, marking a notable shift for a company long known as one of Bitcoin's most aggressive buyers. ...
UK regulator warns Premier League clubs over unauthorized crypto sponsors
CoinTelegraph - The FCA has urged clubs to rethink deals with unauthorized crypto and trading sponsors, warning that fans risk losing all their money and teams face legal and reputational fallout.
MoonPay Brings Crypto Transactions to Claude and Codex With MoonAgents Desktop App
Decrypt - MoonPay's new desktop app connects AI assistants to crypto wallets and blockchain services through a graphical interface.
Goldman Sachs Specialist Outlines Equity Sector He’s Excited About Amid Historic Tech Stock Boom
DailyHODL - A Goldman Sachs tech specialist thinks one sector of the market looks particularly exciting amid historic stock gains. Peter Callahan, a telecom sector specialist, says in a new interview that US internet stocks have lagged software this year and haven’t received enough attention. “There are ongoing debates about sources of funds, about ongoing investment cycles, […] The post Goldman Sachs Specialist Outlines Equity Sector He’s Excited About Amid Historic Tech Stock Boom appeared first on The Daily Hodl.
What The Saylor Strategy Bitcoin Sale Really Means
99Bitcoins - MicroStrategy Bitcoin Sale: Should You Panic? The post What The Saylor Strategy Bitcoin Sale Really Means appeared first on 99Bitcoins.
Strategy Falls Out of Top 200 U.S. Companies by Market Value
Binance News - Strategy, led by Michael Saylor, has dropped out of the top 200 U.S. companies by market capitalization, according to BitcoinTreasuries.NET on X. The company's current market value stands at $47.9 billion, with its Bitcoin holdings incurring a loss exceeding $7.31 billion.
It Was All There: High Leverage and a Rare BTC Sale Behind the June Crypto Crash
BeInCrypto - The crypto market fell nearly 7% in 24 hours into June 3, with Bitcoin briefly breaking below $66,000 and around $1.8 billion in positions wiped out. The drop looked sudden, but the on-chain data had been flashing for days. Leverage sat at October-crash levels, funding ran hot, and a rare Strategy Bitcoin sale was the The post It Was All There: High Leverage and a Rare BTC Sale Behind the June Crypto Crash appeared first on BeInCrypto.
U.S. ADP Employment Data for May Exceeds Expectations
Binance News - The U.S. ADP employment report for May showed an increase of 122,000 jobs, surpassing the expected 117,000. According to Jin10, the previous month's figure was 109,000 jobs.
Asian Markets Surge Amid Optimism for U.S.-Iran Peace Deal
Binance News - Asian stock markets mostly surged on Friday, driven by optimism over a potential peace deal between the United States and Iran, which could alleviate global energy supply disruptions. In Hong Kong, the Hang Seng Index rose 176 points, or 0.7%, to 25,182, with a turnover of HK$462.07 billion. The China Enterprises Index increased by 61 points, or 0.7%, to 8,425, while the Tech Index fell slightly by four points, or 0.1%, to 4,884. In mainland China, the Shanghai Composite Index closed down 30 points, or 0.73%, at 4,068, with a turnover of 1.53 trillion yuan. The Shenzhen Component Index dropped 286 points, or 1.81%, to 15,575, and the ChiNext Index decreased by 87 ...
Hong Kong's Wealth Management Assets Surpass Switzerland
Binance News - Hong Kong's Financial Secretary Paul Chan emphasized the city's strategic position amid global capital flows influenced by geopolitical uncertainties and advancements in artificial intelligence. In his weekly blog, Chan referenced a recent global wealth report highlighting Hong Kong's challenges and opportunities. According to RTHK, Chan noted that geopolitical turbulence and AI developments are driving capital reallocation at an unprecedented scale, with investors seeking stable havens. The report estimated Hong Kong's cross-boundary wealth management assets grew by 10.7% year-on-year to approximately HK$23 trillion, surpassing Switzerland as the leading cross-boundary wealth management center. It also projected an annual growth rate of around 9% for Hong Kong's ...
AI Giant Anthropic Files Confidentially for IPO Amid Rapid Expansion
Binance News - AI company Anthropic, known for its Claude chatbot, has confidentially filed for an initial public offering (IPO), according to RTHK. This move allows the company to submit its IPO documents to the Securities and Exchange Commission (SEC) without immediately disclosing financial details. Anthropic stated that the IPO will depend on market conditions and other factors, with the number of shares and pricing yet to be determined. The filing follows a recent funding round where Anthropic raised $65 billion, valuing the company at $965 billion, nearing a trillion-dollar valuation. This positions Anthropic ahead of OpenAI, which was valued at $852 billion in March and is also considering going public. Founded in 2021 by Dario and Daniela Amodei, Anthropic has focused on providing ...
HKEX Signs MoUs in Kazakhstan to Boost Market Connectivity
Binance News - Hong Kong Exchanges and Clearing (HKEX) announced it has signed two memoranda of understanding in Kazakhstan to enhance market connectivity with Central Asia. The agreements were part of a larger delegation visit to Kazakhstan, where a total of 43 agreements were signed. According to RTHK, one agreement is with the Astana International Exchange (AIX), which operates within the Astana International Financial Centre (AIFC). This agreement aims to expand cross-border listing opportunities and dual listings in equities and debt securities. The second agreement is with the AIFC Authority, focusing on cooperation in ...
STOCKS | Hong Kong Tech Shares Surge as Tencent and Meituan Lead Gains
Binance News - Tech shares in Hong Kong and mainland China rose on Tuesday, driven by significant gains in Tencent and Meituan, while investors assessed Middle East peace talks. The Hang Seng Index climbed 640 points, or 2.5%, to 26,038, marking its largest daily increase in nearly two months, with a turnover of HK$373.78 billion. The China Enterprises Index advanced 255 points, or 3%, to 8,762, and the Tech Index increased 234 points, or 4.7%, to 5,199. Tencent Holdings surged 10.5% following a Financial Times report that the company is nearing the launch of an AI agent for WeChat's 1.4 billion users. Meituan rose 9.3% despite posting a third consecutive quarterly loss, as it met revenue growth estimates and showed signs of easing competition in China's one-hour delivery market. ...
Oil Prices Rise Amid Stalled US-Iran Talks; AI Stocks Boost Wall Street
Binance News - Oil prices increased on Tuesday due to stalled peace negotiations between Washington and Tehran, according to RTHK. This development also contributed to gains in stock markets, particularly in AI-related tech equities. Two of Wall Street's main indices reached record highs before slightly retreating by the close. Despite turmoil in the oil market, prices remained below the recent peak of US$100 per barrel. Meanwhile, eurozone inflation rose to 3.2% in May, likely prompting an interest rate hike by the European Central Bank, yet European stocks remained resilient. Market optimism was further supported by announcements from US AI giants. Alphabet, Google's parent company, plans to raise up to US$80 billion to expand ...
Russia Boosts Drone Production by 30-Fold Over Three Years
Binance News - Russia has significantly increased its production of first-person view drones, achieving a 30-fold rise over the past three years. Bloomberg posted on X, citing a top government official, that manufacturers are now capable of supplying over 15,000 units daily. This surge in production highlights Russia's growing capabilities in drone technology.
Probability of Q-Day Occurring by 2032 Estimated at 50%
Binance News - According to PANews, there is a 50% probability of Q-Day occurring by the year 2032. Additionally, the likelihood of it happening by 2030 is estimated at 10%.
AI TRENDS | Intercontinental Exchange Joins Anthropic's Glasswing Project
Binance News - Intercontinental Exchange has announced its participation in Anthropic's Glasswing project. According to Jin10, this collaboration aims to enhance the capabilities of artificial intelligence systems. The Glasswing project is designed to advance AI technology and improve its application across various sectors. Intercontinental Exchange's involvement is expected to contribute significantly to the project's development and success.
Vet crypto sponsors or face consequences, UK regulator tells Premier League clubs
Cryptopolitan - Britain’s Financial Conduct Authority (FCA) has warned Premier League clubs to stop making sponsorship deals with unauthorized crypto firms and trading platforms risk exposing both fans and clubs to financial harm. The regulator insisted that Premier League clubs that sign sponsorship deals with crypto firms and trading platforms that are not allowed to operate in...
Binance Launches Basketball Predict Points Campaign
Binance News - According to the announcement from Binance, the platform has introduced a basketball Predict Points campaign on its Prediction Markets. The promotion period is set from 2026-06-03 12:00 (UTC) to 2026-06-23 12:00 (UTC). Participants can qualify for a share of the 100,000 Predict Points prize pool by placing any single-filled order of at least 20 USDT in the designated NBA-related market during this period. The prize pool will be distributed equally among all eligible users. The designated markets for this campaign include several matchups between the Knicks and the Spurs, scheduled on specific dates: 2026-06-04, 2026-06-06, ...
LAB Crashes 77% From Peak, $6 Billion Wiped, Crypto Community Outraged
BeInCrypto - LAB token fell 77% from $27.96 to around $6 in two hours, wiping $6 billion as routers and proxies dominated the crash. The post LAB Crashes 77% From Peak, $6 Billion Wiped, Crypto Community Outraged appeared first on BeInCrypto.
Crypto-Backed Groups Secure Wins in Multiple State Primaries
Binance News - Fairshake affiliates successfully supported 11 candidates who either advanced or won in Tuesday's primaries, spanning races in California, New Jersey, and South Dakota. According to NS3.AI, these victories follow recent successes in Texas, where crypto-backed groups spent over $9 million to secure wins.
Strategy Sells 32 BTC to Fund Preferred Stock Dividends
Binance News - Strategy sold 32 BTC between May 26 and May 31 to support the payment of preferred stock dividends. According to NS3.AI, STRC shares were trading below their $100 par value following the company's decision not to issue new STRC shares during the latest reporting period.
George Santos Referred to DOJ, CFTC Over State of the Union Kalshi Trades: Report
Decrypt - The pardoned ex-congressman allegedly bet against his own State of the Union appearance while publicly hyping it.
Crypto PACs Achieve Clean Sweep in June Primaries
Binance News - Crypto-backed super PACs aligned with Fairshake achieved a clean sweep in Tuesday's primaries, with all 11 endorsed candidates advancing or winning, according to CoinDesk. This success extends the industry's electoral winning streak and highlights a strategy focused on cultivating new Democratic allies alongside some Republicans. The victories spanned key races in California, New Jersey, and South Dakota, including supporters of the CLARITY Act and blockchain developer protections. Notable winners included Democrats Zoe Lofgren, Ted Lieu, and Rob Menendez, as well as Republican Sen. Mike Rounds.
JPMorgan's Lipikhina: U.S. Earnings Growth Could Hit 20% by 2026
Binance News - Natalia Lipikhina from JPMorgan has projected that U.S. earnings growth could reach 20% in 2026. According to NS3.AI, Lipikhina highlighted that investments in mega-cap companies and advancements in AI agent technology are driving the stock market to new highs.
Doubao to Launch Professional Version for Advanced Productivity Needs
Binance News - Doubao has announced plans to introduce a 'Professional Version' aimed at meeting advanced productivity needs in software development, data analysis, professional design, process automation, financial analysis, and scientific research. According to PANews, the product is currently in the testing phase, with the official launch date and specific service details to be announced through official channels. The company emphasized that core functions for general users, such as search Q&A, text creation, image generation, and voice and video conversations, will remain free, ensuring no impact on the current user experience and habits. ...
BlackRock Deposits Over 6,000 Bitcoins into CEX
Binance News - BlackRock has made a significant cryptocurrency transaction by depositing 6,005.46 bitcoins into a centralized exchange (CEX). According to BlockBeats On-chain Detection, this transaction is valued at $403.15 million. The move highlights BlackRock's continued involvement in the cryptocurrency market.
STOCKS | JPMorgan Strategist Sees U.S. Earnings 'Supercycle' Driving S&P 500 to New Highs
Binance News - Jin10 reported on June 3 that Natalia Lipishina, JPMorgan's Head of Equity Strategy for Europe, the Middle East, and Africa, stated that the U.S. earnings 'supercycle' is expected to propel the stock market to new highs. This trend is driven by substantial investments from large corporations and advancements in AI agent technology. Lipishina remarked, 'We have actually just raised our expectations for the S&P 500 index, and we anticipate a 20% earnings growth in 2026.' During the current earnings season, the S&P 500 index has achieved its highest earnings growth in five years, with most of the growth still coming from large tech companies. Lipishina described the recent earnings growth performance as 'quite remarkable,' crediting the technology sector for its significant ...
AI TRENDS | Macron Invites OpenAI Founder to G7 Summit
Binance News - French President Emmanuel Macron has extended an invitation to OpenAI founder Sam Altman to attend the upcoming G7 summit. According to Jin10, this move highlights the increasing importance of artificial intelligence in global discussions. The summit will provide a platform for leaders to address the challenges and opportunities presented by AI technologies.
Nvidia Invests Billions in Optical Interconnects, MRVL Shares Surge 32%
Binance News - Nvidia has announced a significant investment in optical interconnects, focusing on fiber optics and optical networking technologies. According to PANews, this move comes as Nvidia aims to enhance its capabilities in the optical module industry, which includes critical components such as indium phosphide, lasers, and DSPs. The investment highlights Nvidia's commitment to advancing its technological infrastructure. Following this announcement, shares of MRVL experienced a notable increase, surging by 32% in a single day. This development underscores the growing importance of optical technologies in the tech industry.
UK Regulator Warns Soccer Clubs Over Unauthorized Crypto Sponsorship Deals
Decrypt - The FCA has warned Premier League clubs that partnerships with unlicensed crypto firms could expose fans to unregulated trading platforms.
Forget $1.77 Billion Crypto Crash: SBI CEO Makes Known XRP and Ripple's Next Catalyst
U.Today - Yoshitaka Kitao links the crypto drop to tech IPO liquidity drains, revealing why the US CLARITY Act vote is the ultimate catalyst for Ripple and XRP. Yoshitaka Kitao links the crypto drop to tech IPO liquidity drains, revealing why the US CLARITY Act vote is the ultimate catalyst for Ripple and XRP.
Micron Stock Surges 84.60% in a Month, Analysts Maintain Buy Ratings
Binance News - Micron Technology's stock experienced a significant increase, rising 84.60% over the past month. The stock price moved from $576 to $1,064 by the close of trading on Tuesday. According to NS3.AI, this surge has prompted analysts to maintain their positive outlook on the stock. Krish Sankar has upheld a buy recommendation for Micron, while Melissa Fairbanks has reiterated a buy rating with a price target of $1,100.
STOCKS | Macy's Shares Rise 6% Pre-Market as Company Raises Annual Sales and Profit Forecasts
Binance News - Macy's Inc. (M.N) experienced a 6% increase in its stock price during pre-market trading. According to Jin10, the company has revised its annual sales and profit forecasts upwards, signaling a positive outlook for the remainder of the year.
Macy's Raises Fiscal Year Outlook, Expects Adjusted EPS Between $2 and $2.20
Binance News - Macy's Inc. has revised its fiscal year outlook, projecting adjusted earnings per share (EPS) to be between $2 and $2.20. According to Jin10, this is an increase from the previous forecast of $1.90 to $2.10. The market had predicted an EPS of $2.12.
Macy's Reports Higher-Than-Expected Revenue for Q1
Binance News - Macy's Inc. reported total revenue of $4.89 billion for the first quarter, surpassing market expectations of $4.82 billion. According to Jin10, the company's performance exceeded analysts' forecasts, reflecting a stronger-than-anticipated financial outcome for the period.
Polymarket Sees Significant Shift in Josh Hart Rebound Predictions
Binance News - The prediction market Polymarket has observed a notable change in the odds for the "Josh Hart: Rebounds O/U 2.5" sub-market within the "Knicks vs. Spurs" event. According to ChainCatcher, the probability for the "Yes" option surged from 54.5% to 69.5% within the past hour, marking a 15% increase. This shift may be influenced by recent developments related to the event.
Mastercard Adds Ripple's RLUSD to Its Settlement Network
U.Today - Ripple has launched on Mastercard’s global stablecoin settlement platform to allow users explore more options to settle card transactions. Ripple has launched on Mastercard’s global stablecoin settlement platform to allow users explore more options to settle card transactions.
Ripple CEO Celebrates 14-Year Milestone
U.Today - Ripple CEO Brad Garlinghouse’s celebration of XRP’s 14th anniversary has reignited a technical debate within the cryptocurrency community regarding the digital asset's exact birthday. Ripple CEO Brad Garlinghouse’s celebration of XRP’s 14th anniversary has reignited a technical debate within the cryptocurrency community regarding the digital asset's exact birthday.
Coinbase CEO Brian Armstrong’s Newlimit Raises $435 Million, Tripling Valuation to $3.1 Billion
Bitcoin.com - Newlimit, the longevity biotech co-founded by Coinbase CEO Brian Armstrong, has raised $435 million in a Series C round led by Founders Fund, roughly tripling the company’s valuation to about $3.1 billion. Crypto Wealth Flows Into Longevity Science Newlimit, the anti-aging biotech co-founded by Coinbase Global Inc. (Nasdaq: COIN) Chief Executive Brian Armstrong, has closed […]
Silver Bleeds $48 Million as Oil Pressure Roars Back
BeInCrypto - Silver (XAG/USD) was already on soft footing as speculators trimmed their bullish bets, and a fresh Iran escalation has now reignited the oil bid that works against it. Silver price has slipped over 1% day-on-day, at the time of writing. The metal trades near $74, well off its January record near $121. Two forces are The post Silver Bleeds $48 Million as Oil Pressure Roars Back appeared first on BeInCrypto.
'Happy Birthday, XRP': Ripple CTO Emeritus Schwartz Reminds What Core Idea Was Amid Washington Expansion
U.Today - Ripple's legend turns back the clock to XRP's 2012 roots just as the company deploys a massive D.C. lobbying push for the Senate's CLARITY vote. Ripple's legend turns back the clock to XRP's 2012 roots just as the company deploys a massive D.C. lobbying push for the Senate's CLARITY vote.
El Salvador Buys the Dip as Bitcoin Slides Under $66,000, Reserve Nears 7,600 BTC
Bitcoin.com - El Salvador is buying the dip again as bitcoin slides as low as $65,700, with the Central American nation’s strategic reserve now holding roughly 7,600 BTC worth more than $510 million. A Familiar Playbook on a Red Day As bitcoin dropped under $66,000 this week, El Salvador leaned into the slide rather than away from […]
Crypto PACs Pour $3M into Maryland Races While Blitzing California Primaries
TheCurrencyAnalytics - Crypto money is moving fast into state politics. A political action committee tied to cryptocurrency firms has ramped up ad… Read the original on Crypto PACs Pour $3M into Maryland Races While Blitzing California Primaries. For more crypto news and analysis, visit TheCurrencyAnalytics.com.
RealStocks Enables USDT Transactions for U.S. Stock Trading
Binance News - RealStocks now allows users to trade U.S. stocks directly using USDT. According to PANews, this service enables users to hold actual equity in U.S.-listed companies and, where applicable, receive dividends or related distributions.
Binance Launches U Simple Earn Flexible Products with Up to 8% APR
Binance News - According to the announcement from Binance, the platform has introduced a new campaign for its U Simple Earn Flexible Products, offering users the opportunity to earn up to 8% Annual Percentage Rate (APR) during the promotion period. This initiative includes an exclusive Bonus Tiered APR in addition to Real-Time APR rewards. The promotion is set to run from 2026-06-04 00:00:00 (UTC) to 2026-06-17 23:59:59 (UTC). Users can subscribe to the U Flexible Products on a first-come, first-served basis, adhering to the specified terms. The rewards distribution is structured such that the Bonus Tiered APR is credited to users' Spot Accounts daily, starting the day after accrual begins, ...
West Main Self Storage Increases Bitcoin Holdings to 14.767 BTC
Binance News - West Main Self Storage has increased its Bitcoin holdings by 0.146 BTC, bringing its total to 14.767 BTC. According to Odaily, this update was shared by BitcoinTreasuries.NET on the X platform.
Ed Yardeni: SpaceX, Anthropic, and OpenAI Expected to Raise $200 Billion in IPO Market
Binance News - Ed Yardeni has expressed confidence that SpaceX, Anthropic, and OpenAI will successfully raise $200 billion in the IPO market. According to NS3.AI, Yardeni believes that concerns about stock market liquidity due to IPO history and limited free float are largely unfounded.
Spain's May Services PMI Exceeds Expectations at 50.1
Binance News - Spain's services sector showed improvement in May, with the Purchasing Managers' Index (PMI) reaching 50.1, surpassing the expected 48 and the previous value of 47.9. According to Jin10, this indicates a slight expansion in the sector, as a PMI above 50 suggests growth.
Marvell Shares Surge 32.52% Amid Strong Demand Clusters
Binance News - Marvell Technology experienced a significant increase in its stock price, surging by 32.52%. According to PANews, this rise comes amid substantial demand clusters around the $65,000 and $60,000 levels, with many traders viewing $65,000 as a recent low point. Meanwhile, major traditional U.S. exchanges have seen their stock prices continue to decline sharply.
Joe Weisenthal: Crypto Faces 'Coldest Winter' Amid Multiple Pressures
Binance News - Joe Weisenthal has described the current period as potentially the "coldest crypto winter ever" due to several narrative pressures facing the cryptocurrency market. According to NS3.AI, Weisenthal highlighted several factors contributing to this challenging environment. These include diminishing claims of early adoption, increasing competition from artificial intelligence, concerns over Bitcoin's quantum security, and companies like Strategy transitioning from buyers to sellers. These elements collectively contribute to the current difficulties in the crypto sector.
10 Crypto-Inspired Luxury Watches in 2026: From Swatch x AP to Hublot Bitcoin
TheCurrencyAnalytics - Two worlds once kept apart — the centuries-old craft of Swiss watchmaking and the borderless culture of cryptocurrency — are… Read the original on 10 Crypto-Inspired Luxury Watches in 2026: From Swatch x AP to Hublot Bitcoin. For more crypto news and analysis, visit TheCurrencyAnalytics.com.
OECD Revises Global GDP Growth Forecasts for 2026 and 2027
Binance News - The Organization for Economic Co-operation and Development (OECD) has updated its global GDP growth projections. According to Jin10, the OECD now forecasts a growth rate of 2.8% for 2026, a slight decrease from its previous estimate of 2.9%. For 2027, the growth rate is expected to be 3.1%, revised upward from the earlier forecast of 3.0%.
PRECIOUS METALS | India's Gold Reserves Remain Unchanged at 880.52 Tons
Binance News - India's central bank has issued a clarification regarding its gold holdings, stating that as of now, the physical gold reserves remain unchanged at 880.52 tons. According to Jin10, this announcement comes amid ongoing discussions about the country's gold reserves. The Reserve Bank of India emphasized that there has been no change in the quantity of gold held, maintaining the current level of 880.52 tons.
Michael Saylor’s Firm Strategy Announces First Bitcoin BTC Sale Since 2022
DailyHODL - Michael Saylor’s Strategy is making waves in the crypto sector after announcing its first Bitcoin (BTC) sale since 2022. The world’s largest corporate holder of Bitcoin sold 32 BTC worth $2.47 million. The sale marks a dramatic shift in tone for Strategy after Saylor spent years encouraging investors to “never sell” their BTC. He did tip […] The post Michael Saylor’s Firm Strategy Announces First Bitcoin BTC Sale Since 2022 appeared first on The Daily Hodl.
Whale Opens $4.04 Million SPCX Leverage Position
Binance News - According to Odaily, Onchain Lens has reported that a significant whale has opened a leveraged long position of 41,113 SPCX tokens, valued at $4.04 million.
Binance Unveils New Yield Arena Offers with Attractive APRs
Binance News - According to the announcement from Binance, the platform has introduced new offers in its Yield Arena, providing users with opportunities to earn rewards through various products. The offers include Simple Earn, ETH Staking, SOL Staking, and Dual Investment, among others. These initiatives are designed to enhance user engagement and provide attractive annual percentage rates (APRs) for eligible participants. The Earn Spotlight Limited-Time Offers feature USDe, where users holding at least 0.01 USDe for 24 hours can enjoy a 3.75% APR from 2026-05-29 00:00 (UTC) to 2026-06-04 23:59 (UTC). Simple Earn allows users subscribing to USDC Flexible ...
Mesh Launches Alliance to Address Payment Fragmentation
Binance News - Mesh, a cryptocurrency payment network, has announced the launch of the Mesh Alliance Program (MAP), aimed at addressing the issue of fragmented payments for global enterprises. According to Foresight News, the initiative focuses on enhancing industry interoperability. The initial members include several Layer 1 and Layer 2 networks, wallets, exchanges, stablecoin issuers, and platforms, with more participants expected to join in the coming weeks. MAP will establish a shared connectivity infrastructure, serving as a neutral orchestration layer. This will enable enterprise clients to transfer value across networks without the need to build cross-chain bridges or manage ...
STOCKS | Goldman Sachs Maintains 'Overweight' Rating on A-Shares, Adjusts Hong Kong Stocks to 'Neutral'
Binance News - Goldman Sachs has released a new report highlighting the superior performance of A-shares in terms of the Sharpe ratio compared to other regional markets. According to Jin10, this is attributed to improved growth prospects, favorable liquidity conditions, diversification benefits, and exposure to hard tech AI-related stocks. As a result, Goldman Sachs maintains an 'overweight' rating on A-shares. In contrast, Goldman Sachs has downgraded Hong Kong stocks to a 'neutral' rating due to the increased opportunity cost of maintaining an 'overweight' position. The firm currently prefers engaging with the market through specific alpha ...
Japanese Government Bond Yields Continue to Rise
Binance News - Japanese government bond yields have been on the rise. According to Odaily, the yield on Japan's 2-year government bonds has increased to 1.400%, while the yield on 20-year government bonds has climbed to 3.535%.
AI TRENDS | Kuaishou's Keling AI Seeks $18 Billion Valuation in Pre-IPO Funding
Binance News - Kuaishou's video generation business, Keling AI, is reportedly undergoing its first round of financing since its spin-off, with a pre-investment valuation of $18 billion. According to Jin10, this round of funding is considered a Pre-IPO round. It is understood that Keling AI is internally working towards submitting its application for a Hong Kong stock market listing by early 2027.
Iranian Lawmaker Urges Stronger Response to U.S. Actions
Binance News - Iranian lawmakers have called for a more assertive stance against the United States, according to a report by Iran's Tasnim News Agency. According to Odaily, Esmail Kowsari, a member of Iran's National Security and Foreign Policy Committee, emphasized the need for a stronger reaction to what he described as U.S. aggression. Kowsari attributed the U.S. actions to a 'satanic mentality.'
AI TRENDS | Baidu CFO Expects AI-Driven Revenue Growth in Coming Quarters
Binance News - Baidu's Chief Financial Officer has projected robust revenue growth driven by artificial intelligence in the upcoming quarters. According to Jin10, the company anticipates that advancements in AI technology will significantly contribute to its financial performance. This expectation aligns with Baidu's strategic focus on integrating AI across its operations to enhance efficiency and innovation.
AI Robots: Years Away from Replacing Human Workforce, Experts Say
Binance News - Modern AI-powered robots are showcasing impressive capabilities, yet researchers indicate they are still years from replacing humans due to their inability to adapt to changing conditions. According to Cointelegraph, AI robotics company Figure recently demonstrated humanoid robots performing basic tasks like cleaning, while a group of robots worked for nine consecutive days sorting packages, sparking discussions on the potential for robots to replace human jobs. Oliver Obst, an associate professor of robotics at the University of New South Wales, highlighted that repetitive jobs in structured environments are most at ...
Microsoft Warns of Crypto-Stealing Trojan
U.Today - Microsoft's cybersecurity division has issued a warning regarding a new malware campaign that targets cryptocurrency investors by hiding malicious code within widely used public npm open-source packages. Microsoft's cybersecurity division has issued a warning regarding a new malware campaign that targets cryptocurrency investors by hiding malicious code within widely used public npm open-source packages.
Gnosis Pay to Resume Operations After Security Incident
Binance News - Gnosis Pay has announced that it has brought a recent security incident under control. According to Foresight News, the company plans to gradually resume operations starting Wednesday evening (GMT+2) and will restore normal card usage functions thereafter. In response to the incident, Gnosis Pay has outlined a plan for handling user assets. All users will receive a new Card Safe linked to their existing bank card and identity information. Affected users will have their new accounts preloaded with funds equivalent to their original accounts. Users who were not affected will need to migrate from the old Pay Safe to the new Pay Safe system. ...
BITmarkets Claims 44.51% Bitcoin Gains as AI Beats Buy-and-Hold by 30 Points
TheCurrencyAnalytics - BITmarkets says its AI-driven Wealth Management program pulled off up to 44.51% unrealized gains in bitcoin over the past year.… Read the original on BITmarkets Claims 44.51% Bitcoin Gains as AI Beats Buy-and-Hold by 30 Points. For more crypto news and analysis, visit TheCurrencyAnalytics.com.
Modern robots impress, but are years away from replacing humans
CoinTelegraph - AI robotics company Figure posted several videos on X throughout May showcasing its robots performing basic tasks, including cleaning a room and sorting packages.
India's May Services PMI Final Reading at 59.8
Binance News - India's services sector showed strong performance in May, with the Purchasing Managers' Index (PMI) final reading reaching 59.8. According to Jin10, this figure surpassed the expected 59 and the previous month's reading of 58.9, indicating continued growth in the sector.
Trump Proposes New Section 301 Tariffs of at Least 10% on Imports From 60 Nations
Binance News - According to Bloomberg, the US is proposing new tariffs of at least 10% on imports from 60 trading partners following an investigation into goods allegedly produced by forced labor, as President Donald Trump seeks to rebuild the tariff wall struck down by the Supreme Court in February. The Office of the US Trade Representative said a 10% rate would apply to Canada, Mexico, the European Union, Taiwan and the UK, while China, India, Japan, South Korea, Brazil and Switzerland would face a 12.5% levy. The lower rate targets economies that prohibit or have committed to prohibiting forced-labor imports, while the higher rate applies to those that have failed to enforce such measures. The duties, recommended under Section 301 of the Trade Act of 1974, are subject ...
Bitmine's Ethereum Holdings Face Larger Unrealized Losses Than Strategy's Bitcoin
Binance News - Bitmine, an Ethereum reserve company supported by Tom Lee, is experiencing significant unrealized losses as the cryptocurrency market continues to decline. According to ChainCatcher, Bitmine currently holds 5,416,901 ETH, valued at approximately $10.03 billion at current market prices. This represents an unrealized loss of about $8.9 billion compared to the purchase cost. In contrast, Strategy, led by Michael Saylor, holds 843,706 BTC, with a current market value of around $56.26 billion. Strategy's unrealized losses amount to approximately $7.6 billion. The data highlights the differing impacts of the market downturn on these two major cryptocurrency holdings.
Digital Asset Market Transparency Act Added to U.S. Senate Agenda
Binance News - The Digital Asset Market Transparency Act, known as the CLARITY Act, has been officially added to the U.S. Senate legislative agenda. According to Foresight News, this development was confirmed by the official legislative information website of the U.S. Congress.
Bitcoin Wallets Shift Holdings: Large Addresses Sell, Smaller Ones Accumulate
Binance News - According to NS3.AI, recent data from Santiment reveals significant activity among Bitcoin wallets. Wallets holding between 10 and 10,000 BTC sold a total of 24,602 BTC last week. In contrast, addresses with less than 0.01 BTC accumulated 61 BTC during the same period. This shift in holdings highlights differing strategies among Bitcoin investors, with larger wallets opting to sell while smaller addresses continue to accumulate.
Average Federal Tax Refund Increases by 8% in June Estimates
Binance News - June refund estimates indicate that the average federal tax refund is approximately $3,268, marking an increase of about 8% compared to the same period last year. According to NS3.AI, the House Ways and Means Committee Democrats reported that by late March 2026, the IRS had issued 1.4 million CP53E notices.
Crypto turns ‘contrarian bet’ as AI stocks draw investor attention: Bitwise
CoinTelegraph - “Investors still believe in crypto, but now that it’s a contrarian bet, they favor fundamentals over vibes,” says Bitwise investment chief Matt Hougan.
DeepSeek Plans to Raise $7 Billion in First Funding Round
Binance News - DeepSeek is aiming to raise approximately $7 billion in its initial funding round, with a valuation reaching $59 billion. According to Odaily, Tencent and CATL are set to become the largest external investors in DeepSeek, while NetEase and JD.com also plan to participate in the investment.
AI TRENDS | AI Data Center Expansion Drives Chip Production Growth
Binance News - TrendForce's latest research indicates that the expansion of AI data centers and the competition for computing power are driving transmission rates to exceed 1.6Tbps. According to Jin10, companies like NVIDIA, Google, and Meta are strategically securing the production capacity of EML and CW-DFBLD chip suppliers to ensure a steady supply. This has prompted suppliers to expand production to meet customer demand, leading to a projected more than twofold increase in the total production capacity of EML and CW-DFBLD chips by 2026, reaching 50.7 million units. The top three manufacturers, Broadcom, Lumentum, and Sumitomo Electric, collectively hold a 55% market share.
Seattle Mariners' Win Probability Surges in Polymarket Event
Binance News - The win probability for the Seattle Mariners in the Polymarket event 'New York Mets vs. Seattle Mariners' has experienced a significant increase. According to ChainCatcher, the probability for the 'Spread -1.5' option for the Seattle Mariners surged from 42.5% to 94.5% within an hour, marking a 52% fluctuation. This change highlights the impact of recent developments on the prediction market.
ECB Governor Wunsch: Iran Peace Agreement Unlikely to Affect ECB Rate Hike Plans
Binance News - European Central Bank Governor Wunsch stated that the recent peace agreement involving Iran is not expected to alter the ECB's rationale for raising interest rates. According to Jin10, Wunsch emphasized that the central bank's monetary policy decisions are primarily driven by economic indicators and inflation targets, rather than geopolitical developments. The ECB remains focused on achieving its inflation goals, and any changes in interest rates will be based on economic data rather than external political agreements.
Binance Updates Eligibility for Referral Pro and Affiliate Program
Binance News - According to the announcement from Binance, the platform is reinforcing its compliance measures for users participating in the Binance Referral Pro and Affiliate Program. To ensure adherence to regulatory obligations and maintain platform security, users must continuously meet all eligibility and compliance requirements. Access to these programs, including any related commission distributions, may be restricted or suspended if users fail to meet these criteria. Key eligibility requirements include the completion of the Know Your Customer (KYC) verification process. Users must ensure that their KYC documentation is ...
Smart Money Invests $60,000 in Polymarket Shares on Sabalenka Bet
Binance News - According to NS3.AI, a smart money address has invested over $60,000 in Polymarket shares, wagering on Sabalenka to defeat Schneider. The average entry price for this bet was 88.9 cents.
Robinhood Buys WonderFi to Grab Bitbuy, Coinsquare and 300,000 Canadian Accounts
TheCurrencyAnalytics - Robinhood closed its acquisition of WonderFi. Done. The deal hands the U.S. brokerage two regulated Canadian crypto exchanges — Bitbuy… Read the original on Robinhood Buys WonderFi to Grab Bitbuy, Coinsquare and 300,000 Canadian Accounts. For more crypto news and analysis, visit TheCurrencyAnalytics.com.
Polymarket Sees $60K Bet on Sabalenka in French Open Quarterfinals
Binance News - According to Odaily, a significant bet has been placed on Aryna Sabalenka to win against Schneider in the French Open women's singles quarterfinals on Polymarket. The address 0x49007e1e636d0e922d0122a02ea743e41d194a72 invested over $60,000 at an average opening price of 88.9 cents. Sabalenka, the top seed and world number one, has shown impressive form, advancing through the first four rounds without dropping a set. She defeated Naomi Osaka in straight sets in the previous round, marking her fourth consecutive year reaching the French Open quarterfinals. Her opponent, Schneider, has reached a Grand Slam quarterfinal for the first time, having ...
Babylon Launches Bitcoin-Backed Lending on Aave v4 Testnet
Binance News - Babylon has announced the launch of its native Bitcoin-backed lending feature on the Aave v4 public testnet. According to Foresight News, this new functionality is supported by Babylon Trustless Bitcoin Vaults, allowing users to use Bitcoin as collateral for loans without transferring custody, wrapping, or cross-chain processes.
Binance Futures to Launch Trading Fee Discount for USD1-Margined Contracts
Binance News - According to the announcement from Binance, Binance Futures is set to introduce a trading fee discount promotion for USD1-margined perpetual contracts, beginning with BTCUSD1. This promotion will be available to all Binance users from regular to VIP 9 levels. During the promotion period, these users will benefit from a 0% maker fee when trading USD1-margined perpetual contracts. Additionally, regular to VIP 3 users will receive a 20% discount on taker fees, while VIP 4 to 9 users will enjoy a 45% discount on taker fees compared to the standard USDT taker fee rate. The promotion period is scheduled to commence on 2026-06-03 at 07:00 (UTC) and ...
Microsoft Reveals '1,000x More Reliable' Quantum Chip as Bitcoin Threat Draws Nearer
Decrypt - Microsoft said AI helped speed Majorana 2 development, adding to growing concerns about when quantum computers could threaten Bitcoin's cryptography.
Arc to Announce Significant Update on June 9
Binance News - Foresight News posted on X (formerly Twitter) that Arc, a blockchain project under Circle, has announced it will release important news on June 9 at 23:00. Previously, it was reported that the Arc mainnet is expected to launch in the summer of 2026, and Circle's founder has confirmed that Arc will issue its own token.
PRECIOUS METALS | Domestic Gold Jewelry Prices Remain Stable
Binance News - On June 3, Jin10 reported that the prices of domestic gold jewelry remained stable compared to the previous day. Several brands have quoted prices ranging from 1,350 to 1,365 yuan per gram.
STOCKS | Goldman Sachs Raises South Korea's Kospi Index Target to 12,000 Points
Binance News - Goldman Sachs has increased its target for South Korea's Kospi Index from 9,000 to 12,000 points. According to Jin10, the firm stated that as long as corporate earnings continue to grow strongly, the market will be well-supported. Goldman Sachs strategists highlighted in their report that the target increase is driven by "higher earnings and a conservative 8x expected price-to-earnings ratio." The firm has also raised its earnings growth forecasts for 2026 and 2027 to 320% and 35%, respectively, noting that South Korea is the strongest market in the region in terms of earnings performance. However, Goldman Sachs acknowledged that the South Korean stock market has more than doubled this year, with Samsung Electronics and SK Hynix accounting for over half of the market's total ...
Adecoagro to Launch Bitcoin Mining in Brazil Using Sugarcane Residue
Binance News - Adecoagro is set to initiate Bitcoin mining operations in Brazil by utilizing electricity generated from burning sugarcane residue. According to NS3.AI, the project will commence with an initial capacity of 10 MW of electricity and will deploy 1,280 Bitcoin mining machines. The operations are anticipated to start around July 1, 2026.
Oil Market Faces Tight Margins as Inventory Data Becomes Crucial
Binance News - The oil market is experiencing limited room for error, with this week's inventory data playing a critical role. According to Jin10, the American Petroleum Institute (API) reported a larger-than-expected drop in inventories, indicating that the buffer space for stockpiles is nearing a critical low. This development underscores the importance of the upcoming inventory data in determining the market's direction.