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6/5

03:32

Binance to Adjust Tick Sizes for Multiple USDT-M Perpetual Contracts

Svmuureports that, according to official announcements, Binance will adjust the tick sizes for six USDT-M perpetual contracts – HOMEUSDT, RONINUSDT, THEUSDT, MELANIAUSDT, LAUSDT, and XPLUSDT – at 11:00 (Beijing Time) on June 6, 2026. For specific adjustment details, please refer to the official announcement. This adjustment will not affect existing orders or contract trading operations.

03:25

“Wall Street Oracle” Warns: Market “Digestion” Period Approaches, Major Moves Expected After US Midterm Elections

Svmuu reported that Fundstrat strategist Tom Lee stated in a CNBC interview that the current market is in a cycle that could be divided into three phases, with the second phase potentially seeing a correction resembling a bear market.
Lee, known for his long-standing bullish stance and successful calls on bull market trends in recent years, now believes the short-term market path will not be smooth sailing.
As of early June, the S&P 500 index has risen nearly 11% year-to-date, despite challenges including early-year skepticism over AI prospects, and inflationary pressures from the Iran war pushing up energy prices.
Lee pointed out that corporate earnings significantly exceeding expectations are a key driver of the market rally. The market had generally anticipated first-quarter earnings per share (EPS) of around $70, but actual figures came in at about $80.
He noted that if this trend continues, it would add roughly an additional $40 in EPS for the full year, potentially pushing the S&P 500 index up by another 800 to 1000 points.
According to Lee's assessment, the first phase still favors an upward trend. With the S&P 500 index slightly above 7,560 points as of June 3, 2026, he sees room for short-term upside, possibly rising to around 7,700 points.
The second phase could arrive soon and become the market's “digestion period.” In the CNBC interview, Lee stated: “Between now and October, the market needs to digest multiple factors.” The sources of pressure he listed include policy uncertainty stemming from the new Federal Reserve chair, energy shocks (especially shortages of petroleum products and lubricants), and additional stock supply from IPOs and lockup expirations of companies such as SpaceX, OpenAI, and Anthropic. (Jin Shi)

03:24

Foreign Ministry: Artificial intelligence is not the exclusive domain of major powers, and should not be allowed to descend into competition and confrontation

Svmuu News: Foreign Ministry spokesperson Mao Ning stated during a regular press conference on June 5 that artificial intelligence is profoundly changing the way people produce and live, becoming a new subject that humanity needs to face together. AI is not the exclusive preserve of major countries, nor should it devolve into competition or confrontation. This July, China will host the 2026 World AI Conference and High-Level Meeting on Global AI Governance in Shanghai. It looks forward to using this conference as an opportunity to engage in in-depth exchanges and dialogues with all parties, strengthen global AI governance, and promote AI to serve the well-being of all humanity. (Xinhua News Agency)

03:22

Analyst: Gold Futures Technical Chart Still Bearish

According to an analysis by Joseph Chai, an analyst at RHB, in a report, the bearish technical pattern for Comex gold futures remains intact based on the daily chart. The analyst stated that although the latest bullish candlestick pattern suggests selling pressure is taking a "minor breather," the overall technical outlook remains bearish. Chai noted that the market should focus on the fact that futures prices are still trading below the 20-day and 50-day simple moving averages. (Jin Shi)

03:18

Whale Loracle's long positions suffer total loss of $6.65 million, with ZEC long position losing over $3.2 million

According to Onchain Lens monitoring, as ZEC and HYPE continue to decline, whale Loracle's 10x leveraged long position in ZEC has suffered losses exceeding $3.2 million, and the 2x leveraged long position in HYPE has lost $1.567 million. The whale also holds long positions in NEAR, TON, ASTER, and XMR, with total losses amounting to $6.65 million.

03:14

Token Inflation Confirmed? ZEC Halves in a Day

Svmuu reported that OKX market data shows ZEC dropped to 250 USDT and is currently trading at 263 USDT, representing a 24-hour decline of 54.61%.
Earlier reports indicated that Zcash fixed a vulnerability that could allow unlimited minting of ZEC. Due to the nature of privacy pools, it is impossible to verify whether this vulnerability was exploited, but it also cannot be proven that it was used to mint additional ZEC tokens.

03:05

Analyst: Bitcoin Selling Pressure Intensifies, $54,000 May Be the Last Defense for Bulls

Svmuureports that CryptoQuant analyst Axel Adler Jr stated that Bitcoin is once again testing the February low of approximately $62,000, while the current 7-day net realized loss has reached about $7 billion, higher than levels at the February low, but still below the peak loss of around $14 billion during the winter market panic.
Axel Adler believes that, unlike February of this year, selling pressure in this market cycle has not diminished as it approaches the low point but has instead continued to intensify, indicating that the current bottom testing is facing stronger capitulation pressure, and the market has yet to signal a rapid rebound. As long as BTC remains above $54,000, the market has not yet entered a full capitulation phase; if it breaks and stays below the February low, it may further test the network-wide cost support zone near $54,000.
Axel Adler Jr pointed out that BTC prices have clearly fallen below the cost basis of short-term holders (STH) of approximately $76,000, and the market is attempting to break below the February low. If it declines further, the only major supports left are the network-wide average realized price of around $54,000 and the cost basis of long-term holders (LTH) of about $49,000. These two zones have historically corresponded to the full capitulation phase and the formation range of cycle bottoms.

03:01

Binance will delist COS, D, HIGH, and MBOX on June 19, 2026

Svmuureported that according to an official announcement, Binance has decided to delist the spot trading pairs for Contentos (COS), DarOpenNetwork (D), Highstreet (HIGH), and MOBOX (MBOX) at 03:00 (UTC) on June 19, 2026. At the same time, related products such as trading bots, margin, perpetual contracts, Earn, Convert, and gift cards will also gradually cease services, with deposit and withdrawal services concluding after June 20 and August 19, 2026, respectively.

02:57

Garret Jin's short position worth $19.45 million has generated an unrealized profit of $16.48 million, with a return rate as high as 137.8%

According to on-chain analyst Ai Yi's monitoring, the privacy sector leader ZEC plummeted 43% in 24 hours, erasing nearly two months of gains. Garret Jin's short position worth $19.45 million has generated an unrealized profit of $16.48 million, with a return rate as high as 137.8%. The opening price was $626.47, and the current price is $327.59. The unrealized profit from this staggering trade is even approaching the amount needed to cover his unrealized loss in BTC ($18.14 million). He is now also the TOP1 account for unrealized profits in ZEC on Hyperliquid.

02:48

Floating loss of $73.66 million: Hyperliquid's largest ETH long opens 120,000 ETH long position

According to on-chain analyst Ember's monitoring, ETH has been dropping by over $100 daily in recent days. The largest ETH long on Hyperliquid opened a 120,000 ETH long position at an average price of $2,261, valued at $271 million, currently facing a floating loss of $73.66 million. The liquidation prices for its multiple positions are between $1,300 and $1,400. After adding $26 million in margin in recent days, the liquidation price for the position has decreased.

02:47

South Korean police are investigating local Polymarket users for illegal gambling

Svmuu News: South Korean police are investigating local users of the prediction market platform Polymarket on suspicion of illegal gambling. Polymarket is classified as private gambling in South Korea and is considered illegal under current law. According to police sources, the Gangwon Provincial Police Agency was recently commissioned by the National Police Agency to launch an investigation into domestic Polymarket users. This marks the first such operation targeting domestic users and covers the entire country, including Gangwon Province. Under Article 246 of the South Korean Criminal Code, all forms of gambling are illegal except for Sports Toto, which is operated by the Korea Sports Promotion Foundation and has a betting limit of 100,000 won. Users involved in this case could face fines of up to 10 million won. Lawyers representing some of the users under investigation have pointed out that while the cases meet the legal criteria for illegal gambling, the severity of penalties remains difficult to predict as there are no precedents in the country for penalties imposed specifically for using Polymarket. Currently, accessing Polymarket does not require the use of IP proxies or similar methods, and the platform imposes no restrictions even when South Korean users place bets using USD-pegged stablecoins. The June 3 local elections have become a popular betting target, with the amount of money involved in gambling reaching hundreds of billions of won. (Chosun)

02:42

Over the past hour, total liquidations across the network have expanded to $515 million, with ETH liquidations reaching $170 million

Svmuu reported that according to Coinglass data, total liquidations across the network expanded to $515 million over the past hour, including $459 million in long liquidations and $50.11 million in short liquidations. Additionally, ETH liquidations reached $170 million, while BTC liquidations reached $143 million.

02:35

SK Hynix falls nearly 10%, South Korea's KOSPI index closes down 5.54%

Svmuu reported that according to MSX.COM data, the Nikkei 225 index closed down 1.31% at 66,588.12 points; South Korea's KOSPI index closed down 5.54% at 8,160.59 points. SK Hynix fell nearly 10%, and Samsung Electronics dropped over 6%.

02:33

Mynth: Operations to Cease on July 1, Novaswap Hosted Infrastructure to Go Offline

Svmuureports that Mynth has announced it will cease operations. According to the announcement, the team began building the cross-chain protocol three years ago, but protocol usage did not reach the level necessary for sustainable operations and continued expansion. It could not maintain its past pace of innovation nor expand to more blockchains. Mynth will discontinue support for the hosted infrastructure running Novaswap, and all operations will cease at 7:00 AM Beijing time on July 1. User funds remain secure and non-custodial, requiring no action from users; swaps will continue to be processed until that time. The team will provide support via Discord until the end of July.

02:29

Analysis: Due to factors such as profit-taking in AI-related assets, BTC may dip to $60,000

Svmuu News: Driven by profit-taking in AI-related assets and a decline in market risk appetite, Bitcoin has fallen to around $62,000, marking a cumulative drop of nearly 16% from last week’s high of over $74,000.Market analysts believe that if the $60,000 psychological level is breached, the next key technical support level for the Bitcoin could be around $55,000.Additionally, the U.S. spot Bitcoin ETF has recorded net outflows for 15 consecutive trading days, totaling over $4.7 billion, while Strategy disclosed this week that it sold Bitcoin for the first time since 2022, further dampening market expectations of institutional buying.

02:19

Institutions project the semiconductor market size could reach $1.5 trillion this year, with memory chip sales rising 250% year-over-year

Svmuu reports that the World Semiconductor Trade Statistics (WSTS) organization has released its spring 2026 semiconductor market forecast, significantly raising its growth expectations for the global semiconductor industry in 2026 and 2027.
The data shows that, driven by exceptionally strong market performance at the end of 2025 and the beginning of 2026, WSTS projects the global semiconductor market will achieve 90% year-over-year growth in 2026, reaching a total size of $1.51 trillion. The accelerated growth of the global semiconductor market is primarily driven by the memory chip sector. In 2026, memory chip sales are expected to rise approximately 250% year-over-year, exceeding $800 billion. The sustained robust demand for artificial intelligence infrastructure, high-bandwidth memory (HBM), and accelerated computing platforms remains the core growth driver for the entire semiconductor industry. (Jin Shi)

02:18

HYPE drops below 60 USDT, with a 24-hour decline of 18.04%

Svmuu reports that OKX market data shows HYPE has dropped below 60 USDT, currently trading at 59.348 USDT, with a 24-hour decline of 18.04%.

02:16

BTC has fallen below 62,000 USDT, with a 24-hour decline of 3.61%

Svmuu reports that OKX market data shows BTC has dropped below 62,000 USDT, currently trading at 61,983.3 USDT, a 24-hour decrease of 3.61%.

02:16

In the past hour, total liquidations across the network reached $190 million, with ETH liquidations hitting $84.35 million

Svmuureports that Coinglass data shows total liquidations across the network reached $190 million in the past hour, with long position liquidations at $182 million and short position liquidations at $8.19 million. Additionally, ETH liquidations amounted to $84.35 million, while BTC liquidations reached $44.1 million.

02:14

With unrealized losses exceeding $69 million, a suspected BIT-linked whale holding a 120,000 ETH long position has paid $1.86 million in funding fees.

Svmuu reported that, according to Onchain Lens monitoring, as ETH trades below $1,700, an address suspected to be associated with BIT holds a 15x to 20x long position of 120,000 ETH, currently showing an unrealized loss of over $69 million and having paid $1.86 million in funding fees.

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