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6/4
22:15
According to SoSoValue data, the cryptocurrency market sectors have generally declined, with the DeFi sector falling 9.16% in 24 hours. Within the sector, Hyperliquid (HYPE), which had been continuously hitting new all-time highs, corrected by 9.15%, LAB (LAB) dropped 37.47%, while DeXe (DEXE) bucked the trend and rose 14.58%. However, the GameFi and NFT sectors were relatively resilient, rising 0.49% and 1.38% respectively. Within the GameFi sector, Audiera (BEAT) surged 20.27%, while within the NFT sector, APENFT (NFT) increased by 0.15%.
Additionally, Bitcoin (BTC) rebounded slightly by 1.33%, breaking through the $63,000 mark; Ethereum (ETH) continued its decline, falling 0.92% and dropping below $1,800.
In other sectors, the CeFi sector fell 1.37% in 24 hours, with Cronos (CRO) rising 0.12%; the PayFi sector dropped 1.55%, but Telcoin (TEL) increased by 24.29%; the Meme sector declined 2.01%, while Siren (SIREN) rose 28.48%; the Layer1 sector fell 4.10%, with Humanity (H) being relatively resilient, up 3.90%; the Layer2 sector declined 5.59%, with Starknet (STRK) rallying 3.48% during the session.
Reflecting historical sector performance, the cryptocurrency sector indices show that the ssiSocialFi, ssiAI, and ssiDePIN indices fell 8.90%, 8.40%, and 7.49%, respectively.
21:59
Svmuu News: Recently, the AI training platform project team at Shenzhen He Tao College, in collaboration with Harbin Institute of Technology (Shenzhen), the Shenzhen Institute of Big Data, and relevant teams from Huawei, and alongside the Smart City AI computing platform, has launched a joint effort for large model training on domestic computing power. Leveraging the Ascend 910C domestic AI computing cluster, they successfully completed the full-parameter post-training of the 1.6 trillion parameter model, DeepSeek-V4-Pro.
This practice has accumulated valuable experience for the world's third-party institutions in completing model training of this level on domestic computing power platforms, and also confirms that domestic AI chips can support world-class ultra-large parameter model training. From a technical application perspective, invoking existing models for business inference and completing full-parameter model training from scratch belong to different technical stages, with significant differences in technical difficulty and hardware requirements. The results of this experiment indicate that domestic AI computing power is now capable of undertaking top-tier large model training tasks, and the related technical path is feasible. (Shenzhen Release)
21:43
Svmuu reported that the UK-based maritime analysis firm Windward released a report on the 4th, stating that satellite images show Iran's key oil export hub, Kharg Island, has resumed loading operations.
The report stated that satellite images obtained on June 2nd show a very large crude carrier (VLCC) anchored near the western terminal of Kharg Island. This is the first confirmed vessel to berth at the facility since it was shut down in early May due to a suspected oil leak. On June 3rd, the VLCC at the western berth and a Panamax tanker at the eastern T-shaped jetty were conducting loading operations simultaneously. By the 4th, the VLCC had completed loading and departed, while the Panamax tanker remained at the dock. Windward stated that the simultaneous resumption of services at both terminals indicates that Iran is actively restoring its crude oil export capacity.
The report also noted that small fast boats of Iran's Islamic Revolutionary Guard Corps (IRGC) remain highly active throughout the Strait of Hormuz. This sustained high level of activity indicates that the IRGC maintains a high state of readiness to support Iran-related vessels in the strait. (Xinhua News Agency)
21:41
Svmuu reports that former Multicoin Capital co-founder Kyle Samani posted on X, stating: "For those wondering what I’m working on next, I’m building a consumer product."
Notably, Solana co-founder toly retweeted this update, potentially indicating a connection between the product and Solana.
21:36
Fidelity lowers minimum account requirement for SpaceX IPO from $500,000 to $2,000.
21:34
Svmuu reported that according to Gate data, spot silver fell more than 1.00% intraday, slipping below $73 per ounce. New York silver futures fell below $73 per ounce, down 1.32% intraday.
21:29
1. Jane Street plans to build new data center, aiming to boost computing capacity tenfold;
2. A new wallet has once again withdrawn BNB worth $3.43 million from Binance;
3. Multicoin has deposited 56.116 million ENA, valued at $5.28 million, to Galaxy and BitGo;
4. House committee is preparing legislation to establish a tax framework for cryptocurrencies;
5. Japan may have sold overseas securities to fund foreign exchange intervention;
6. A whale has withdrawn over 900,000 HYPE, worth $64.9 million, from exchanges in three days;
7. Korean stock exchange triggered KOSPI circuit breaker amid sharp index decline;
8. Zcash fixes vulnerability allowing unlimited ZEC minting; privacy pool feature prevents verification of potential exploitation;
9. Zelenskyy issues open letter to Putin, proposing a meeting;
10. "New Stock God" Serenity's X platform subscriber count surpasses Musk to claim the top spot.
21:06
Svmuu Seer monitoring shows that the probability of Polymarket's “GPT 5.6 will be released before June 15” has dropped to 21%, a 24H decline of 45%. In addition, the probability of “GPT 5.6 will be released before June 30” has dropped to 80%, a 24H decline of 13%.

It is reported that OpenAI plans to release the next-generation AI model GPT 5.6 in June 2026, which is currently in the internal testing phase.
Svmuu Seer continues to monitor the prediction market, seeing changes before pricing.
21:06
Svmuu News: According to the latest data from Gate, the price of gold has dropped to $4,459.81 per ounce, a daily decline of 0.27%. The price of silver has fallen to $73.243 per ounce, a daily decline of 0.1%.

The BVIX (BTC Volatility Index) is currently quoted at 46.46, a daily decline of 2.8%. The EVIX (ETH Volatility Index) is currently quoted at 58.27, a daily decline of 1.3%.

In the forex market, the USD to offshore Chinese yuan (USD/CNH) rose 0.02% on the day, with the current exchange rate at 6.77768. The USD to Japanese yen (USD/JPY) fell 0.03% on the day, with the current exchange rate at 159.959.

For global stock indices, the Euro Stoxx 50 Index (EUSTX50) rose 1.13% on the day, reporting 6,110.07 points; the UK FTSE 100 Index (UK100) fell 0.08% on the day, reporting 10,350.2 points; the German DAX 40 Index (GER40) fell 0.15% on the day, reporting 24,802.5 points.

In the commodities sector, WTI crude oil fell 0.16% on the day, reporting $94.69 per barrel. Brent crude oil fell 0.5% on the day, reporting $97.35 per barrel.

Gate supports users in directly trading traditional financial market products on the platform, offering a one-stop service covering multiple asset classes such as precious metals, forex, global stock Contracts for Difference (CFDs), major indices, and commodities, achieving deep integration of crypto assets and traditional financial assets. The Gate TradFi related functionalities have been fully integrated into the Gate App and Web interface. Users can conveniently participate in global asset price trading without switching platforms, unlocking more strategies and opportunities beyond the crypto market, and continuously enhancing their diversified asset allocation experience.
21:05
Svmuu News: As computing power resources become increasingly scarce, Jane Street plans to build its own data center to meet operational expansion needs. The company is in preliminary talks with several firms in the tech, crypto, and financial industries, though the specific capacity and location of the new facility have yet to be determined.
Jane Street currently sources computing power from its Dallas data center and cloud service providers like CoreWeave. It is seeking to increase its computing capacity tenfold, expanding from the tens of thousands of GPUs currently in operation to hundreds of thousands. The new facility could be used to train in-house AI models to predict asset prices. A co-head of technology at Jane Street stated that innovation and experimentation are constrained by available computing power, and the firm is seeking additional capacity to support longer-term risk position trading.
21:05
According to data from MSX.COM, as of the US stock market close, the Dow Jones rose 1.73%, the S&P 500 gained 0.41%, the Nasdaq fell 0.09%, and the VIX panic index dropped 4.11%. AI concept stocks saw broad gains, with Tempus AI rising 10%, AeroVironment up 6.75%, Marvell gaining 4.9%, Twilio increasing 4.13%, and Alphabet rising 3.68%. 
It is reported that MSX is a leading RWA trading platform, which has listed hundreds of RWA tokens, covering popular US stocks and ETF token targets including NVDA, GOOGL, MSFT, AMZN, META, TSM, AMD, and others.
20:57
Svmuu Seer Prophet Channel monitoring shows that Polymarket's "HYPE will rise to $80 this year" probability has dropped to 65%, down 17% in 24 hours. Additionally, the probability of "HYPE will fall to $20 this year" is currently at 16%.
The price data for this event comes from Binance, specifically the HYPEUSDT highest price. If the final highest price of any 1-minute candle on Binance reaches or exceeds the specified price, the market will immediately be judged as "Yes"; otherwise, the market will be judged as "No."
Svmuu Seer Prophet Channel continues to monitor the prediction market, seeing changes before pricing.
20:57
Svmuu reported, according to Onchain Lens monitoring, a newly created wallet "0x115" has further withdrawn 3 million "Binance Life" tokens from Binance, worth $3.43 million. It currently holds 11 million Binance Life tokens, worth $7.85 million.
20:52
Svmuu reported that Terry Duffy, CEO of the Chicago Mercantile Exchange Group, said he is very concerned about the perpetual futures contracts recently approved by US regulators. Terry Duffy stated that perpetual futures have almost no practical use for institutional investors but expose retail investors to excessive risk. He completely disagrees with the CFTC's decision to approve the first batch of crypto perpetual futures contracts after a quick review and said he has called the CFTC Chairman to express his concerns.
Terry Duffy warned that perpetual futures and prediction markets are fueling a retail speculation frenzy that could be a disaster waiting to happen. The first batch of perpetual futures contracts approved by the CFTC were listed by Kalshi, and multiple US exchanges are also discussing launching their own perpetual futures contracts. (Bloomberg)
20:42
SvmuuNews According to SoSoValue data, yesterday (June 4, Eastern Time), the XRP spot ETF saw a total net inflow of $3,834,400 for the day.
Only the Franklin XRP ETF (XRPZ) recorded a net inflow yesterday, at $3,834,400, bringing its historical total net inflow to $396 million.
As of press time, the total net asset value of the XRP spot ETF stands at $1.006 billion, with an XRP net asset ratio of 1.38%, and a historical cumulative net inflow reaching $1.425 billion.
20:42
According to SoSoValue data, yesterday (June 4, Eastern Time), the SOL spot ETF recorded a single-day total net outflow of $278,500.
Yesterday, only the Invesco Galaxy Solana ETF (QSOL) saw net outflows, with a single-day net outflow of $278,500. Its total historical net inflow currently stands at $4.4902 million.
As of press time, the total net asset value of SOL spot ETFs is $791 million, with a SOL net asset ratio of 1.99%. The historical cumulative net inflow has reached $1.127 billion.
20:41
Svmuu reported that on June 4th, Eastern Time, the Grayscale Hyperliquid Staking ETF (ticker: HYPG) officially began trading on Nasdaq. Currently, there are a total of three US HYPE spot ETFs listed and trading.
According to data from SoSoValue, yesterday (June 4th, Eastern Time), the total net inflow for HYPE spot ETFs was $12,149,400. Among them, HYPG recorded a net inflow of $4,697,300 on its first full trading day since listing, bringing its historical total net inflow to $4,697,300. The highest single-day net inflow was seen in the Bitwise Hyperliquid ETF (BHYP), with a net inflow of $7,452,100, bringing its historical total net inflow to $90,412,300.
As of press time, the total net asset value of HYPE spot ETFs stands at $186 million, with a net asset ratio of 1.24% for HYPE, and a cumulative historical net inflow reaching $152 million.
The Grayscale Hyperliquid Staking ETF supports both cash and in-kind subscription and redemption, with a management fee rate of 0.29%. It also supports earning additional returns through HYPE staking. Subscription and redemption are conducted in baskets of 10,000 shares, and in-kind subscription and redemption are limited to authorized participants.
20:41
According to Onchain Lens monitoring, Multicoin Capital (0xD4d...BC10) deposited 56.116 million ENA tokens, worth $5.28 million, to Galaxy Digital and BitGo.
20:33
Svmuu News The U.S. House Ways and Means Committee is preparing legislation to establish a cryptocurrency tax structure, which could be released as early as Friday, followed by a hearing early next week. Ways and Means Committee Chairman Jason Smith has made developing a digital asset tax framework a top priority, with the Treasury Department also involved in the process.
The committee is expected to release seven bills, covering when tokens obtained through mining or staking are taxed, exempting certain stablecoin transactions from capital gains tax, aligning tax treatment of digital assets with securities (including charitable donations), providing a safe harbor for foreign investors to trade U.S. securities without being taxed as domestic corporations, and extending wash sale rules to digital assets. (Bloomberg)
20:29
Svmuu reported that Japan's holdings of overseas securities decreased significantly in May, suggesting that the Japanese government may have utilized foreign assets, including U.S. Treasuries, to fund its record currency market intervention over the past month. According to foreign exchange reserve data released by the Japanese Ministry of Finance on Friday, Japan's overseas securities holdings decreased by $75.6 billion compared to April.
As of the end of May, Japan's total foreign exchange reserves fell to $1.09 trillion. Foreign currency deposits, another potential source of intervention funds, remained largely unchanged at $162 billion. Earlier, it was confirmed that in the month ending May 28, Japan's intervention in the foreign exchange market hit a historic high of 11.73 trillion yen (approximately $73.4 billion). (Jinshi)

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