Bitcoin's market cap has risen to fifth place in the world, surpassing Amazon

On June 8th, Jack Zhang, co-founder and CEO of Airwallex, posted on the X platform questioning the practical use of stablecoins. "Investors keep asking me about stablecoins and how it reduces foreign exchange fees; if you send money from USD to EUR and the recipient still needs to receive EUR at their bank, I don't see any way stablecoins can reduce fees - the cost of switching from stablecoins to receiving currencies is much higher than the foreign exchange interbank market. Crypto is a technol...

According to DefiLlama data, Hyperliquid has currently crossed into assets (platform supports USDC, USDT) of $3.386 billion.

According to Cointelegraph, the Reserve Bank of India continues to maintain a cautious stance on cryptocurrencies, citing policy and stability risks.

Vitalik wrote on the X platform: My experience with artificial intelligence is somewhat opposite. In my field as an expert, artificial intelligence is hardly helpful, but in my field as a novice, artificial intelligence is very useful (recent examples: writing native Android applications, learning Linux internal structure).

Strategy founder Michael Saylor once again posted about Bitcoin Tracker, with the caption: "Send out more orange dots". Usually the day after he publishes his Bitcoin Tracker information, he will disclose Strategy's Bitcoin holdings.

According to Lookonchain, James Wynn's 40-fold short order has lost $47, and today's total loss is $113.55.

According to Tim Beiko's summary of the 213th Ethereum Execution Core Developer Conference (ACDE). This conference mainly discussed: Defer raising Gas Limit to 60M (waiting for specific throughput and latency data from the Berlinterop test. In the worst case, it takes about 3 seconds to execute); Glamsterdam brainstorming. FOCIL is implemented in five client sides with the goal of resisting memory pool censorship. EVM64 promises faster execution with 64-bit algorithms; benchmarks to be determine...

dYdX posted on the X platform that more than 52 million ethDYDX have not yet been migrated to the native DYDX on the dYdX chain. After the community approves the text proposal (currently about 91% in favor), the final on-chain proposal is expected to be released on June 9, 2025 to end support for the Ethereum-dYdX cross-chain bridge.

The market shows that BTC has fallen below $105,000 and is now reported at $104,995.91. The 24-hour increase has narrowed to 0.09%. The market is volatile, so please do a good job in risk control.

Perpetual contracts may become the first pilot of virtual asset derivatives trading in Hong Kong Xu Zhengyu, Secretary for Financial Services and the Treasury of Hong Kong, said in response to members' questions that the Hong Kong Securities Supervision Commission is considering introducing virtual asset derivatives trading for professional investors and will formulate sound risk management measures. According to analysts quoted by China Times, from the perspective of international experience, ...

James Wynn wrote on the X platform: I have decided to short Bitcoin, and every time I go long, they will come to hurt me.

According to DefiLlama data, the current total market value of stablecoins on the whole network is 2503.04 billion US dollars, an increase of 1.05% in the past 7 days, of which USDT market share fell slightly from last week to 62.09%.