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According to Coinglass data, the current average funding rate for BTC across the network over 8 hours is 0.0007%. Among the current mainstream exchanges, the rate on Binance is 0.0001%, OKX is -0.0036%, Bybit is 0%, and Gate is 0.0009%.

CoinDesk analyst James Van Straten stated that currently close to 15% of Bitcoin's supply is concentrated around the 200-day moving average, which is in the range of approximately $83,000 to $85,000.He believes that if Bitcoin breaks through $85,000, it could quickly rise to $95,000. Additionally, the true market mean (TMM) and the cost basis of short-term holders are still forming key support around approximately $78,000.

FOX reporter Charles Gasparino posted on the X platform that the new Federal Reserve Chairman Kevin Warsh faces a dual challenge of rising inflation and pressure from Trump for interest rate cuts right from the start of his tenure. The annualized level of consumer inflation has risen to 3.8%, the highest since May 2023, with the Iran war driving up energy prices as a major factor. Last week, the increase in wholesale prices exceeded that of consumer prices. On Friday, the futures market began to price in interest rate hikes for the year, as previous bets on rate cuts have largely faded.Warsh himself is a staunch inflation hawk. Since leaving the Federal Reserve for an academic position in 2011, he has repeatedly criticized the "loose monetary" regime of the Bernanke, Yellen, and Powell eras in op-eds, advocating for a more "restrained" policy to shrink the Federal Reserve's balance sheet. He believes that the Federal Reserve's loose policies over the years are the root cause of the current inflation pressures. However, in the face of high inflation, his room for interest rate cuts is extremely limited.Meanwhile, the Federal Reserve's rate-setting committee is no longer united. Former Chairman Powell, replaced by Trump, still retains voting rights as a board member. Powell stated that he would not leave until the dust settles on the investigation into his congressional testimony regarding the costs of the new Federal Reserve headquarters—an investigation initiated by Trump that previously delayed Warsh's appointment process. Trump is appointing Warsh while simultaneously pressuring for interest rate cuts.However, if Warsh gets his way, it would directly contradict his consistently advocated policy stance. The Iran war has entered its third month, and the situation remains uncertain; if oil prices break through $200 per barrel, the U.S. economy could face risks similar to the "stagflation" of the 1970s.

According to Coinglass data, the current holdings of whales on the Hyperliquid platform amount to $4.097 billion, with long positions totaling $2.015 billion, accounting for 49.19% of the holdings, and short positions totaling $2.082 billion, accounting for 50.81%. The profit and loss for long positions is -$31.6764 million, and for short positions is -$3.856 million.Among them, the whale address 0xa5b0..41 has taken a 15x leveraged long position on ETH at a price of $2265.48, currently showing an unrealized profit and loss of -$2.8956 million.

Michael Saylor, the founder and executive chairman of Bitcoin Strategy, has once again released information related to Bitcoin Tracker, stating: "₿ig Dot Energy".According to previous patterns, Strategy always discloses information about increasing Bitcoin holdings the day after relevant news is released.

According to on-chain data monitored by Catcher Predict, significant capital movements are predicted in the market Polymarket. A large whale invested $122,499.72 in the event "Manchester United vs Nottingham Forest," specifically targeting "Manchester United." Based on the current transaction price, the latest corresponding winning probability for this subject is 63%.

According to Cointelegraph, Bitcoin recently fell below $79,000 after facing significant selling pressure around $82,000. Market analysis suggests that the current BTC trend is highly correlated with the U.S. small-cap stock index, indicating that it is still viewed by the market as a "risk asset" rather than a safe-haven tool. Analysts point out that the escalating situation in Iran, rising oil prices, and concerns about a global economic recession are continuously suppressing market risk appetite. Meanwhile, the funding rate for Bitcoin perpetual contracts has recently turned negative, indicating a significant lack of demand for leveraged long positions, and traders remain cautious about short-term increases. However, the report suggests that in the medium term, large-scale capital outflows from the fixed income market may actually be beneficial for BTC.As global government bond yields rise to decades-high levels, investors are gradually withdrawing from the bond market, and some liquidity may flow back into risk assets, including Bitcoin. Currently, the yields on 10-year U.S. and European government bonds have both reached multi-year highs, while Brent crude oil prices have also surpassed $100, exacerbating market concerns about inflation and economic pressure.

According to the Ministry of Public Security of China, recently, the police from China, the United States, and the United Arab Emirates conducted international law enforcement cooperation for the first time, jointly combating telecom network fraud crimes in the Dubai area. They successfully dismantled 9 fraud dens and arrested 276 criminal suspects.Investigations revealed that the related fraud gangs established "romantic" relationships with victims through social platforms, deceiving them into trusting them emotionally, and then inducing victims to invest in so-called high-return cryptocurrency projects, resulting in their fraud. A relevant official from the Ministry of Public Security of China stated that this joint crackdown is an important achievement of international law enforcement cooperation by the Chinese police. The Chinese police will deepen practical cooperation with more countries, carry out joint crackdown actions, resolutely eliminate fraud dens, and make every effort to capture suspects involved in telecom fraud, effectively safeguarding the legitimate rights and interests of people in all countries.

According to Coinglass data, the Coinbase Bitcoin premium index has been in negative premium for 11 consecutive days, currently reported at -0.0545%, as purchasing power in the U.S. market continues to remain sluggish. Previously, it had been in positive premium for 19 consecutive days.The Coinbase Bitcoin premium index is used to measure the difference between the Bitcoin price on Coinbase and the global market average price. A negative premium typically reflects significant selling pressure in the U.S. market, a decrease in investor risk appetite, an increase in market risk aversion, or capital outflows.

According to Coinglass data, the current 8-hour average funding rate for ETH across the network is 0.003%. Among the current mainstream exchanges, the rate on Binance is 0.0049%, OKX is 0.0042%, Bybit is 0.0049%, and Gate is 0.005%.

According to Coinglass data, the current 8-hour average funding rate for BTC across the network is 0.0017%. Among the current mainstream exchanges, the rate for Binance is 0.0012%, OKX is 0.0032%, Bybit is 0.0012%, and Gate is 0.0027%.

According to Coinglass data, the current holdings of whales on the Hyperliquid platform amount to $4.092 billion, with long positions of $2.022 billion, accounting for 49.41% of the holdings, and short positions of $2.07 billion, accounting for 50.59% of the holdings. The profit and loss for long positions is -$39.9503 million, while the profit and loss for short positions is $5.9425 million.Among them, the whale address 0x6c85..f6 has taken a 20x leveraged long position on ETH at a price of $2265.44, currently showing an unrealized profit and loss of -$3.2658 million.

KB Financial Group announced that it has completed the technical proof of concept for the Korean won stablecoin in scenarios such as payments, settlements, and international remittances. This verification was jointly completed by KB Financial Group, electronic payment company KG Inicis, public chain Kaia, and digital asset solution company OpenAsset, covering the entire financial service process including the issuance of the Korean won stablecoin, offline payments, merchant settlements, and cross-border remittances.According to reports, the solution migrates the internal settlement system to a blockchain architecture while maintaining users' original financial service habits. Among them, actual payment scenarios have been tested through the offline self-service terminals of the chain coffee brand Hollys, allowing users to make payments via QR codes without the need to install a digital wallet; the system automatically executes on-chain smart contracts during the settlement phase. In addition, in the cross-border remittance test, the system first exchanges the Korean won stablecoin for US dollar stablecoins through Kaia's on-chain liquidity, and then the local partner in Vietnam completes the fiat currency crediting. The entire remittance process takes only about 3 minutes, with fees reduced by approximately 87% compared to traditional SWIFT remittance models.

According to Coinglass data, the current holdings of whales on the Hyperliquid platform amount to $4.084 billion, with long positions of $2.023 billion, accounting for 49.55% of the holdings, and short positions of $2.06 billion, accounting for 50.45%. The profit and loss for long positions is -$62.7716 million, while for short positions it is $31.7526 million.Among them, the whale address 0x6c85..f6 has a 20x full position long on ETH at a price of $2265.44, currently with an unrealized profit and loss of -$3.8698 million.

According to Coinglass data, the current 8-hour average funding rate for ETH across the network is 0.0049%. Among the current mainstream exchanges, the rate on Binance is 0.0072%, OKX is 0.0039%, Bybit is 0.007%, and Gate is 0.01%.

According to Coinglass data, the current 8-hour average funding rate for BTC across the network is 0.0034%. Among the current mainstream exchanges, the rate on Binance is 0.0041%, OKX is 0.0041%, Bybit is 0.0041%, and Gate is 0.0037%.

According to Coinglass data, the current 8-hour average funding rate for ETH across the network is 0.0044%. Among the current mainstream exchanges, the rate on Binance is 0.0065%, OKX is 0.0071%, Bybit is 0.005%, and Gate is 0.01%.

According to Coinglass data, the current 8-hour average funding rate for BTC across the network is 0.005%. Among the current mainstream exchanges, the rate on Binance is 0.005%, OKX is 0.01%, Bybit is 0.0023%, and Gate is 0.008%.

Galaxy Research Director Alex Thorn posted on the X platform that the U.S. Senate Banking Committee has voted 15-9 this week to advance the CLARITY Act to the full Senate voting stage, with time running short, and it is expected to take about nine weeks.The subsequent timeline may be: June 1: Begin coordinating the bill versions between the Senate Banking Committee and the Agriculture Committee; June 15: Full Senate begins debate; June 22: The Senate may complete the final vote; July 13: Coordination between the Senate and the House of Representatives is completed; early August: President Trump signs it into law (if it proceeds as planned).Alex Thorn's analysis suggests that the Democrats are focusing on "ethical provisions" aimed at limiting the digital asset holdings and profits of senior officials and their family members, while DeFi regulation and the Blockchain Regulatory Certainty Act (BRCA) are still under negotiation. The CLARITY Act will lay the foundation for innovation in the U.S. digital asset market and investor protection.

According to Coinglass data, the current holdings of whales on the Hyperliquid platform amount to $4.086 billion, with long positions of $2.046 billion, accounting for 50.08% of the holdings, and short positions of $2.04 billion, accounting for 49.92%. The profit and loss for long positions is -$59.4263 million, while for short positions it is $29.2162 million.Among them, the whale address 0x6c85..f6 has taken a 20x leveraged long position on ETH at a price of $2265.44, currently showing an unrealized profit and loss of -$3.5858 million.