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6/10
11:56
Svmuu reported that US stock declines have widened again, with the Nasdaq falling nearly 1.5%, the Dow down 1.2%, and the S&P 500 down 0.94%. Trump previously stated that he would resume strikes against Iran. Trump also revealed that he will soon hold a meeting with 12 top artificial intelligence company executives. (Jinshi)
11:53
Svmuu报道 Trump stated that Iran was hit hard yesterday and will be struck again today, adding that he will see how the agreement develops. (Jin Shi P)
11:49
Svmuu: Trump says he will carry out a strong strike against Iran and has the authority to resume strikes on Iran. (Jin10)
11:42
Svmuu reported that OpenAI founder Sam Altman revealed that the company is developing a new generation of AI models and is expected to complete its initial public offering (IPO) within the next year. Altman noted that factors influencing the IPO timeline include the funding needed to secure computing resources and progress toward achieving self-evolving AI. (The Information)
11:30
Svmuu reported that, according to Onchain Lens monitoring, a wallet suspected to belong to Bitmine withdrew 25,000 ETH from BitGo, worth $40.93 million.
11:27
SvmuuNews: Tether Investments, a subsidiary of Tether, announced that it is leading the Series C funding round for humanoid robotics company NEURA Robotics. The total size of this funding round could reach up to $1.4 billion, setting a new record for private fundraising in the robotics and physical AI sector.
NEURA Robotics is a multi-form cognitive robotics company, with products encompassing humanoid robots, precision robotic arms, automated guided vehicles / autonomous mobile robots (AGVs/AMRs), and service robots. The company has established a stable pipeline of enterprise clients and has formed strategic partnerships with top global industry partners, some of whom are also participating in this investment round. Tether CEO Paolo Ardoino stated: "As robots move towards true autonomy, the underlying infrastructure must also be upgraded. WDK and QVAC will provide machines with a dual layer of finance and intelligence, enabling them to independently execute tasks and complete transactions."
11:20
Svmuu reported that Consensys CEO Joseph Lubin stated that Ethereum is expected to develop into a fully zero-knowledge proof (ZK Proof) based protocol within the next three to five years. This will not only optimize the main chain but also enhance Ethereum’s composability with Layer 2 solutions. Lubin expressed support for the "Rollup-centric roadmap," believing that by strengthening Layer 1, introducing the "Lean Ethereum" initiative, and promoting ZK proofs, the Ethereum base layer can be significantly upgraded. Lean Ethereum aims to achieve over 10,000 transactions per second while maintaining a high degree of decentralization on the mainnet, and also supports privacy and quantum-resistant computing solutions.
On the Layer 2 front, Lubin pointed out that ZK technology has already enabled real-time proof generation on some L2 networks, with plans to extend this capability to Layer 1, ultimately transitioning to a fully ZK-based base protocol supported by multiple provers. For instance, projects like Consensys’ Linea chain and Gnosis are leveraging zero-knowledge proofs to achieve cross-network synchronized transactions, which could potentially eliminate the need for bridges and unify fragmented liquidity.
Lubin emphasized that the initial "differentiation phase" of the Rollup roadmap aims to provide experimental space for Layer 2 technology. Although it may disperse liquidity in the short term, it lays the foundation for Ethereum’s future infinite scalability and technological iteration. He believes that some L2 technologies will become systemically important components, and this exploration process is necessary.
Additionally, Lubin addressed recent personnel changes at the Ethereum Foundation (EF) and rumors of a "second foundation," stating that no second foundation will emerge. The EF will continue to focus on core protocol development, usability and scalability, and institutional partnerships, while also supporting at least three independent teams spun off from the EF to concentrate on protocol development, user experience, and institutional outreach efforts. (The Block)
11:04
Svmuu reported that according to Lookonchain monitoring, US Bitcoin ETFs experienced a net outflow of 1,320 BTC today, with a 7-day net outflow of 15,849 BTC; Ethereum ETFs saw a net outflow of 2,370 ETH, with a 7-day net outflow of 13,416 ETH.
11:02
According to Arkham monitoring, over the past hour, Grayscale deposited a total of 19,548 ETH, worth approximately $32 million, into Coinbase Prime.
11:02
Svmuu reports that Lawrence Zlatkin, Vice President of Tax at Coinbase, has proposed to U.S. lawmakers the establishment of a de minimis capital gains tax exemption threshold for small daily Bitcoin transactions, stating that "Americans shouldn't need to hire an accountant just to buy a pair of jeans with BTC." (Bitcoin Magazine)
10:56
Svmuu News: Goldman Sachs analyst James Yaro released an analysis report on Robinhood (HOOD), maintaining a "buy" rating and raising the target price from $105 to $108.
10:52
Svmuu reported that U.S. stocks weakened on Wednesday as investors digested a sell-off in the chip sector, escalating geopolitical tensions, and higher-than-expected inflation data. The Dow Jones Industrial Average fell 374 points (0.7%), while the S&P 500 and the Nasdaq Composite each declined by 0.3%.
Market sentiment was notably impacted by geopolitical shocks. Trump stated that negotiations with Iran were "taking too long" and threatened further action. In response, oil prices rose, with WTI crude climbing over 1% to around $89 per barrel. Tensions in the Middle East also escalated again, following U.S. military strikes on Iranian targets in retaliation for the downing of a U.S. helicopter.
The chip sector continued its correction, with AMD and Broadcom declining for the fourth time in five consecutive trading sessions. This follows an ETF-level retreat of approximately 10% in the sector over the past weekend, which saw a brief rebound before coming under renewed pressure. Market analysts suggest that while some profit-taking is occurring, other investors may be adjusting their portfolios ahead of the upcoming **SpaceX IPO (next Friday)**. Nonetheless, the chip ETF has still risen over 87% year-to-date.
On the macro front, the U.S. core CPI for May rose 0.2% month-over-month, slightly below the expected 0.3%. Year-over-year, it stood at 2.9%, in line with expectations but still above the Federal Reserve's 2% target. The headline CPI rose above 4% year-over-year for the first time in three years. Markets recovered somewhat from their lows following the data release.
In the previous trading session, chip stocks dragged down the S&P 500 and the Nasdaq, while the Dow managed to close higher against the trend. Analysts noted that the recent surge in the semiconductor sector, fueled by the AI boom, has been overly rapid, stretching market sentiment significantly. The current pullback is viewed more as a technical correction rather than a deterioration of fundamentals. (CNBC)
10:42
Svmuu reports: According to market sources, S&P Dow Jones Indices believes SpaceX is eligible for fast-track inclusion in certain indices. (Jinshi)
10:41
Svmuu News: U.S. EIA Strategic Petroleum Reserve stocks for the week ending June 5 decreased by 7.927 million barrels, the lowest since the week ending August 18, 2023, compared to a previous decrease of 7.993 million barrels.
U.S. EIA crude oil inventories for the week ending June 5 decreased by 7.227 million barrels, compared to an expected decrease of 3.974 million barrels and a previous decrease of 7.974 million barrels. (Jin10)
10:33
According to Arkham monitoring, the address holding funds confiscated in the FTX / Alameda bankruptcy case transferred 98,589.87 LINK tokens to Coinbase Prime, valued at approximately $769,000.
10:31
Svmuu reported that Eric Balchunas, Senior ETF Analyst at Bloomberg, stated on platform X that LeverageShares will launch a 3x leveraged SpaceX ETF this Friday. The U.S. dollar share will trade under the ticker $ELON, and the sterling share under $MUSK. Additionally, the company will also simultaneously launch a 3x leveraged SK Hynix ETF and a 3x leveraged DRAM ETF, covering currently hot market targets. Analysis notes that these products are designed for investors with a higher risk appetite, offering opportunities for short-term amplified returns, but also accompanied by high volatility risk.
10:27
Svmuu reports that blockchain security analyst Specter posted on X platform, stating that an old liquidity pool of the Solana DeFi protocol Raydium is suspected of being attacked, with the attacker stealing approximately $1.34 million in assets, mainly including USDC, RAY, and wSOL. Currently, the hacker has transferred the stolen funds to Ethereum via a bridge and subsequently deposited them into Tornado Cash for mixing.
10:23
Svmuu, Futurum Equities Chief Market Strategist Shay Boloor posted on X that Robinhood (HOOD) has just disclosed an insider purchase of approximately $20 million. Director Meyer Malka purchased another 250,000 shares at around $81, bringing his total holdings to 8 million shares. Over the past week, Meyer has accumulated over $50 million worth of HOOD stock.
At the time of writing, HOOD is trading at $89.36, up 6.67% today.
10:10
Strategist: US Inflation Remains Elevated, but Cooling Core Data Gives Fed Room to Breathe
10:06
Svmuu Benchmark maintains a Buy rating for Securitize, a tokenized infrastructure company, with a price target of $16, based on the company's projected revenue of $178 million for 2027. The SEC has approved the registration statement for the merger of Securitize and Cantor Equity Partners II. Shareholders will vote on June 29. If the merger goes through smoothly, the combined entity will be listed on the New York Stock Exchange under the ticker SECZ.
The report states that Securitize has a differentiated advantage through its compliance license framework spanning the U.S. and Europe, including being registered in the U.S. as a broker-dealer, an alternative trading system, a transfer agent, and a fund service provider, while holding trading and settlement licenses under the EU's DLT Pilot Regime. Securitize currently manages approximately $3.4 billion in tokenized assets, and its specific market segment has already exceeded $30 billion. (The Block)

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