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According to Coinglass data, the Coinbase Bitcoin premium index has been positive for 2 consecutive days, currently reported at 0.208%. The buying sentiment in the U.S. market has begun to warm up, after being in negative premium for 24 consecutive days.The Coinbase Bitcoin premium index is used to measure the difference between the Bitcoin price on Coinbase (a mainstream trading platform in the U.S.) and the global market average price. This index is an important indicator for observing the flow of funds in the U.S. market, the enthusiasm of institutional investors, and changes in market sentiment. A positive premium indicates that the Coinbase price is higher than the global average price, which usually means: strong buying in the U.S. market, active entry of institutional or compliant funds, ample dollar liquidity, and an optimistic investment sentiment. A negative premium indicates that the Coinbase price is lower than the global average price, which typically reflects: significant selling pressure in the U.S. market, decreased risk appetite among investors, rising market risk aversion, or capital outflow.

According to Cointelegraph, the latest research from Galaxy Digital indicates that due to a lack of speculative activity, the Bitcoin cycle low may occur at higher price levels than in previous bear markets. The analysis suggests that the potential bottom is between $62,000 and the actual Bitcoin price of $53,600.Galaxy's research director Alex Thorn analyzed each top and bottom of the Bitcoin cycle and noted that the four-year cycle is closely related to Bitcoin's historical trends. The decline from peak to trough has steadily narrowed across market cycles, decreasing from early drops of 85% and 84% to 77% in 2022 and 51% in 2026. The current top signal for October 2025 is weak, with only 2 out of 11 traditional top indicators signaling, while the widely watched Pi Cycle Top indicator has failed to trigger for the first time.The market capitalization to realized value ratio (MVRV) for Bitcoin peaked at 2.29, while this ratio ranged from 2.93 to 5.91 in previous cycles. The report also found that several key bottom signals are still missing. Currently, only 4 out of 13 indicators have been triggered, and most stronger signals have yet to appear. Thorn pointed out that based on the current cost price of $53,600, Galaxy estimates the fundamental bottom range to be between $40,000 and $46,000. A more severe "washout" scenario points to $30,000 to $37,000, while a more gradual decline may maintain around $51,000 to $54,000.

According to Coinglass data, the current whale holdings on the Hyperliquid platform amount to $4.185 billion, with long positions of $2.089 billion, accounting for 49.92% of the holdings, and short positions of $2.096 billion, accounting for 50.08%. The profit and loss for long positions is -$168 million, while the profit and loss for short positions is $98.1635 million.Among them, the whale address 0x0ddf..02 has shorted ETH with a full position at a price of $1810.16, currently showing an unrealized profit and loss of $8.2298 million.

According to an official statement from Anthropic, on June 11 local time, the U.S. government issued an export control directive citing national security, requiring the suspension of access to Fable 5 and Mythos 5 for all foreign nationals. Anthropic was forced to shut down the aforementioned two models for all users.The government believes it has discovered a "jailbreak" method to bypass the protective mechanisms of Fable 5, but Anthropic, after review, pointed out that the related vulnerability is relatively minor and that similar capabilities exist in other publicly available models such as OpenAI GPT-5.5, which does not constitute an exclusive risk to Mythos.Anthropic stated that it will comply with the government directive but clearly opposes taking down commercial models that have been deployed to hundreds of millions of users based on the discovery of a single narrow-range jailbreak. They warned that if this standard is widely applied in the industry, it would effectively block all new deployments of cutting-edge models. The company is currently actively communicating with the government to restore access as soon as possible.

According to Coinglass data, the current average funding rate for ETH across the network over 8 hours is 0.0017%. Among the current mainstream exchanges, the rate on Binance is -0.0006%, OKX is -0.0014%, Bybit is -0.0007%, and Gate is 0.0056%.

According to Coinglass data, the current average funding rate for BTC across the network over 8 hours is 0.0043%. Among the current mainstream exchanges, the rate on Binance is 0.0054%, OKX is 0.0009%, Bybit is 0.0029%, and Gate is 0.0079%.

According to the Bloomberg Billionaires Index, after SpaceX's successful IPO, Musk's net worth has surpassed $1 trillion, making him the world's first trillionaire.Among this, SpaceX's valuation contributes as much as $765 billion, accounting for the majority of his wealth; Tesla contributes $279 billion; Neuralink and The Boring Company each contribute $3 billion.

According to the Wall Street Journal, cryptocurrency data provider Blockworks has announced the acquisition of Messari.It is reported that Blockworks will pay over 10 million dollars, while Messari was valued at around 300 million dollars in 2022, making this transaction a significant discount.

According to Coinglass data, the current 8-hour average funding rate for BTC across the network is 0.0008%. Among the current mainstream exchanges, the rate for Binance is 0.001%, OKX is -0.0022%, Bybit is 0.0051%, and Gate is 0.0034%.

According to Reuters, Zimbabwe's Finance Minister Mthuli Ncube has announced new regulations requiring all cryptocurrency businesses engaged in the buying, transferring, or custody of virtual assets to register annually with the Financial Intelligence Unit (FIU) under the central bank and pay a $500 annual fee. Operating without registration will be considered illegal.The new regulations provide the first dedicated regulatory framework for the local cryptocurrency market, which has long lacked legal structure and primarily operates in over-the-counter and social media channels. Zimbabwe previously banned financial institutions from participating in cryptocurrency trading in 2018, leading the public to turn to digital assets like Bitcoin and cross-border remittances due to hyperinflation and multiple currency reforms, driving a surge in cryptocurrency usage.

According to the official announcement, Gate has completed the stock distribution for the direct IPO phase project SpaceX (SPCX). Users can check their SPCX stock assets that have been credited to their stock accounts; the unallocated portion and remaining subscription funds have been automatically returned to the spot account. With the completion of the stock distribution, SPCX will subsequently enter the market trading phase according to the new stock listing process in the U.S.Meanwhile, Gate has launched exclusive benefits for users who subscribed to SpaceX (SPCX), allowing participation in designated USDT surplus products with a maximum annualized return of 200%. Holding USD1 also grants additional yield rewards. The platform has simultaneously launched the "SPCX Stock Launch Plan" limited-time event. During the event, users participating in stock trading can receive first-order rewards, share their SPCX holdings for a chance to receive stock airdrops, and complete designated trading volumes to participate in leaderboard competitions, with a total of 50,000 USDT worth of SPCX stock prize pool to share.In addition, Gate stocks have launched on the stock trading web platform, achieving comprehensive coverage on both App and Web. Gate stocks support trading over 10,000 mainstream U.S. market stocks and ETFs using USDT, covering major U.S. securities trading markets such as the NYSE and NASDAQ, and support fractional trading starting from as low as 0.01 shares. With the launch of the direct IPO, Gate is gradually improving its product ecosystem covering Pre-IPO, IPO, and stock trading, providing users with a more convenient one-stop global investment experience.

According to the official announcement, to meet users' demand for round-the-clock trading, Bitget stock spot (rToken) has officially launched weekend trading functionality. The first batch supports 20 popular U.S. stock assets, including rAAPL (Apple), rNVDA (NVIDIA), and rTSLA (Tesla).During the U.S. stock market's off-hours, the platform will generate weekend continuous trading prices based on Friday's closing price, market maker quotes, and market expectations. This feature supports limit orders and take profit/stop loss settings. To prevent abnormal fluctuations, the system has a protection limit of approximately ±20% for weekend limit orders.The rToken, identified by the letter r + stock code (e.g., NVIDIA as rNVDA), is issued by Reality, a licensed RWA protocol under Bitget, and is directly connected to global liquidity pools such as NASDAQ and NYSE through collaboration with compliant broker Alpaca.

According to community feedback, each person can only receive 4.2786 shares allocated in the SpaceX presale on the Kraken platform.It is reported that this quota is not directly related to the investment amount; whether you invest $10,000 or $1,000,000, you will receive the above quota.

According to a report by Galaxy Research, the four-year cycle pattern of Bitcoin remains effective, but the volatility of each cycle is narrowing.The report points out that the peak-to-trough declines in the cycles of 2013, 2017, and 2021 were 85%, 84%, and 77% respectively, while the maximum drawdown in this cycle from the peak in October 2025 to now is only 51%.Due to the relatively mild peak in this cycle, Galaxy believes that the bottom of this cycle will also be relatively shallow, with the baseline scenario expected to be in the range of $40,000 to $46,000, potentially before the fourth quarter of 2026.The report emphasizes that only 8 months have passed since the peak, which is far less than the 12-13 months typically required for the formation of a historical cycle bottom, and most cycle bottom signals have not yet appeared, indicating that the bottom of this cycle has not yet formed.

Kraken employee Nata posted that the subscription limit for SpaceX tokenized stock (SPCX) on the xStocks platform "is much lower than expected and has been significantly reduced," adding "hedging canceled." Currently, Kraken has not made an official statement on this.

According to Jinshi, the preliminary value of the one-year inflation rate expectation in the United States for June is 4.6%, lower than the market expectation of 4.9%, and the previous value was 4.8%.

According to market news, the French company Mistral AI is in talks for financing, with a valuation of approximately 20 billion euros.

According to Coinglass data, the current whale holdings on the Hyperliquid platform amount to $4.071 billion, with long positions totaling $2.02 billion, accounting for 49.62% of the holdings, and short positions totaling $2.051 billion, accounting for 50.38% of the holdings. The profit and loss for long positions is -$155 million, while the profit and loss for short positions is $90.2698 million.Among them, the whale address 0x0ddf..02 has shorted ETH with a full position at a price of $1810.16, currently showing an unrealized profit and loss of $8.6558 million.

According to Arkham monitoring, on the eve of SpaceX (SPCX) going live, there is already $276 million in funds betting on its price direction.On the bullish side, one address (0x9cc) is long $33.8 million; another address (0x4e2) is long $6.4 million; another address (0x932, associated with "bd420") is long $4.1 million; another address (0xf47) is long $3.2 million; qianbaidu.eth is long $2.1 million.On the bearish side, one address (0x051, predicted to be Dunamis Trading) is short $7.9 million; another address (0x012, associated with "wenyu888888") is short $6.7 million; another address (0x69c) is short $6.6 million; VBVIT on Poly/HL is short $6.3 million; another address (0x60a) is short $6 million.