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Today, the Cryptocurrency Fear and Greed Index fell to 45, and the rating was changed from Greed to Fear. Note: The threshold of the Fear Index is 0-100, including indicators: volatility (25%) + market volume (25%) + social media popularity (15%) + market research (15%) + the proportion of Bitcoin in the entire market (10%) + Google hot word analysis (10%).

Arthur Hayes, co-founder of BitMEX, said in a post on social media that today is a brilliant day. Has the ICO spirit of 2017 metamorphosed into the IPO boom of 2025-2027? This is the beginning of the frenzy. In the end, it will end with a blockbuster IPO similar to EOS, sucking up huge amounts of fiat capital and plummeting after the opening bell.

The number of major bitcoin futures holders on the CME has reached an all-time high of 217, an increase of 36% from the beginning of the year, indicating a significant increase in institutional investor interest in bitcoin. Since the beginning of 2024, the number of large traders has continued to rise steadily, indicating that institutional allocations to bitcoin have become a consistent trend rather than an opportunistic trade.

Trump tweeted on the Truth Social platform that he didn't mind Musk turning against him, but thought Musk "should have done it months ago". Trump highlighted a bill under consideration in Congress, calling it "one of the greatest bills ever" that would cut spending by $1.60 trillion and provide "the biggest tax cut ever". He warned that failure to pass would result in a 68% tax increase and "worse". Trump said: "I'm not the one who caused this mess, I'm just here to fix it."

According to Farside Investors monitoring data, yesterday ARKB net outflow of $102 million, BITB net outflow of $36.70 million, grey release GBTC net outflow of $24.10 million.

On June 6, Naval Ravikant, a well-known angel investor in Silicon Valley, said in X, "Elon's position is principled. Trump's position is pragmatic. The tech world needs Republicans right now. Republicans need technology to lead the future. Drop the tax cuts, cut some spending, and get the bill passed." It is worth noting that Musk retweeted the post.

According to Whale Alert, an on-chain data tracking service, at around 7:04 a.m. Beijing time, the USDC Treasury destroyed 75 million USDCs on the Ethereum chain.

21:00-7:00 Keywords: WLFI, Musk, Trump, Circle 1. Trump Media Technology Group will launch a cryptocurrency ETF. 2. WLFI issues a warning letter to FIGHT FIGHT LLC; 3. CME CEO: The "ultimate use" of cryptocurrency has not yet been discovered; 4. Truth Social Bitcoin and Ethereum ETFs are registered in Nevada. 5. Musk issued a denial of Trump's remarks: he did not understand the "tax bill"; 6.Circle CEO: Circle officially became a listed company on the New York Stock Exchange; 7. The new Federal ...

Uber chief executive Dara Khosrowshahi said bitcoin was a "proven commodity".

Early this morning, Alibaba open-sourced two new Qwen3 series models, Qwen3-Embedding and Qwen3-Reranker. These two models are specially designed for text representation, retrieval and sorting tasks. They are trained on the Qwen3 basic model and fully inherit the advantages of Qwen3 in multilingual text understanding. They support 119 languages. According to the test data, Qwen3 Embedding performs very well in the multi-lingual text representation benchmark. Among them, the 8B parameter ranks fi...

Trump Media Technology Group (DJT. O) filed an S-3 registration statement on a previously announced bitcoin asset transaction. The company said it seeks registered investors to resell about 56 million shares, as well as 29 million underlying convertible notes, with proceeds to be used to create bitcoin assets and general corporate purposes. Filed Form S-3 on a debt and equity subscription agreement signed with about 50 investors, with a total financing of about $2.30 billion.

Kalshi, a US financial trading and prediction market platform, currently expects a 49% chance that US President Donald Trump will be impeached again.