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BIT Official released a chart analysis stating that the crypto market has begun to price in the SpaceX IPO in advance. The chart shows that SpaceX plans to IPO on June 12 with an estimated valuation of about $1.74 trillion, nearly 40% higher than the latest internal valuation of $1.25 trillion. Currently, Hyperliquid and Binance have both launched perpetual contracts related to SpaceX, with the implied valuation corresponding to the market price being approximately $2.41 trillion.Markus Thielen believes this indicates that the market is betting on SpaceX completing its IPO at a higher valuation or performing strongly after going public. At the same time, he pointed out that the launch of such contract products also reflects the deepening integration of the crypto market with traditional finance, as crypto trading platforms gradually expand their trading exposure to popular themes in stocks and the primary market.

Bankless founder David Hoffman explained his reasons for liquidating his ETH holdings in a post on X.Hoffman wrote: "I remain extremely optimistic about the Ethereum network and the entire ecosystem ------ Ethereum's architectural design exists to maximize the success probability of its applications, L2, and ecosystem. The 'fat-app' theory means that applications on Ethereum can capture the vast majority of transaction fee revenue; while the 'Rollup-centric' roadmap means that L2 can achieve profit margins of up to 97%.However, for the asset ETH itself, I find it increasingly difficult to see it being repriced by the market on a structural level ------ whether upwards or downwards. Therefore, my selling of ETH is not because I am bearish on ETH, but because I believe the narrative of 'ETH is Money' has essentially played out. I hope to allocate my funds to other opportunities in the market that I see."

According to CoinDesk, Bitcoin mining company turned HPC infrastructure developer TeraWulf (WULF) announced the acquisition of a site in Kentucky, USA, capable of supporting over 1 gigawatt of AI and high-performance computing (HPC) loads for the development of a massive data center. The first phase of 500 megawatts is expected to gradually come online starting in the second half of 2028, with a goal of adding another 500 megawatts before 2030. The company stated that the key constraints in the market under the AI boom have shifted from computing hardware to power and transmission infrastructure. Following the news, TeraWulf's stock price surged 13% during trading, and shares of other companies in the same sector, such as Hut 8 (HUT), Keel Infrastructure (KEEL), IREN (IREN), and Cipher Mining (CIFR), also rose.

According to TheEnergyMag, TeraWulf (NASDAQ: WULF) announced the acquisition of the Muskie Data Campus located in eastern Kentucky, which is expected to support over 1 GW of data center capacity. The first phase of 500 MW is scheduled to begin delivery in the second half of 2028, with the second phase of 500 MW targeted for completion in the second half of 2030.The parcel was acquired from Industrial Equity Partners, covering approximately 285 acres, located within a 1000-acre industrial park in eastern Kentucky. Kentucky Power (a subsidiary of AEP) has initiated the construction of a 345 kV substation, connecting to the 765 kV transmission network, and the transmission infrastructure and energy service agreements have been signed simultaneously.TeraWulf stated that the project has completed zoning planning, and the permitting work is progressing, with limited preliminary site preparation work. Following the completion of this acquisition, TeraWulf's footprint in Kentucky will expand to two major digital infrastructure projects, with a total platform capacity exceeding 2.8 GW. The company reported revenue of $34 million in the first quarter, including $21 million from HPC leasing.

According to monitoring by Lookonchain, the whale Evaded has reopened a short position of 525.34 bitcoins, worth 40.32 million dollars, with a leverage of 40 times. Its liquidation price is 77,413.63 dollars.In addition, the long position of 53,500 ZEC (worth 32.92 million dollars) held by Evaded is currently at a loss of 1.87 million dollars.

Michael Widmer, Managing Director and Head of Metal Research at Bank of America, stated that gold prices will face pressure in the short term due to a decline in market expectations for U.S. interest rate cuts. However, the bank maintains a bullish outlook on gold and reiterates its forecast for gold prices to rise to $6,000 per ounce in the next 12 months.The current pressure on gold is related to the market's repricing of inflation risks and the path of U.S. interest rates against the backdrop of rising energy prices due to the Middle East conflict. Despite these pressures, gold is expected to continue rising, supported by ongoing purchases by central banks, a rebound in investor demand, and weakening economic growth indicators.

According to on-chain analyst Ai Yi's monitoring, the ESPORTS on-chain has a price difference of up to 45% with Binance contracts, and the funding rate is negative. The current on-chain price is $0.04072, the current Binance contract price is $0.0492, with a price difference of 20.8%. The reason is as follows: Currently, Gate, Mxc, and Bitget have all suspended token deposits, leading to a price difference between on-chain and centralized exchanges that cannot be arbitraged.The Binance contract price index references Gate (10.52%), Mxc (15.78%), Bitget (15.78%), PancakeswapV3 (52.63%), and Binance contracts (5.26%). When the latest price of a certain price source deviates from the median price of other prices by more than 3%, the value of that price source will be adjusted to 1.03 or 0.97 times. Due to the prices of other centralized exchanges being significantly higher than on-chain due to the suspension of deposits, the Binance contract price is distorted.

Ark Invest founder Cathie Wood shared her price predictions for Bitcoin over the next 5 years, with a base case target price of $750,000 and an optimistic case target price of $1,250,000. Cathie Wood stated that the key factors driving Bitcoin's rise include the gold substitution effect, Bitcoin's properties as an "insurance asset," and ongoing institutional adoption.

According to on-chain analyst Yu Jin's monitoring, the whale nemorino.eth purchased 7,908.3 ETH at an average price of $2,113 one hour ago, totaling 16.71 million USDC.The operation method was: first using 11.71 million USDC to buy 5,535.6 ETH, then depositing it into Spark as collateral to borrow 5 million DAI, and then continuing to buy 2,372.7 ETH.

According to on-chain analyst Yu Jin's monitoring, over the past 11 months, the Kingdom of Bhutan has sold 9,180 BTC (worth $900 million) at an average price of $98,067.The Bitcoin mining operations of the Kingdom of Bhutan ceased in early 2025, at which point their holdings peaked at 12,200 BTC.They currently still hold 3,021 BTC (worth $234 million).

According to Onchain Lens monitoring, a certain whale (0xdf7...8fea) spent 3.69 million dollars 2 hours ago to buy 58,300 HYPE at a price of 63.36 dollars.Another whale (0x714...9d1) sold 38 BTC in the past 24 hours, earning 2.9 million dollars, and bought 46,300 HYPE at a price of 62.86 dollars.

According to monitoring by Hyperinsight, the largest BTC position on Hyperliquid was established by a whale starting with 0xebe. This morning, it went long on 476.4 BTC with 5x leverage, with a position value of approximately 36.9 million USD, an average entry price of about 76,687 USD, and current unrealized profits reaching 367,000 USD (+4.7%).The whale has also set a stop-loss price at 73,800 USD. It is estimated that if BTC drops to this price, the position will be passively liquidated with a loss of approximately 1.37 million USD, corresponding to a principal loss rate of about 18.8%.

Grayscale CEO Barry Silbert (@BarrySilbert) posted on social media that the short liquidation price of "BTC OG insider whale" ZEC is a reasonable near-term price target. On-chain data shows that the liquidation price for this whale's ZEC short position is $1073.72.Previously reported, the "BTC OG insider whale" shorted 57,000 ZEC, with an unrealized loss of $1.9 million.

SoftBank Group's stock price rose to a record high on Monday, as the market bets that its holdings in OpenAI and SB Energy could bring substantial returns if they go public in the future. Since May 20, SoftBank's stock price has increased by 40%, and the company's market value has surpassed 40 trillion yen (approximately $252 billion).The stock price surge over the past two days was driven by reports that OpenAI is preparing to submit an IPO application in the coming days. The power infrastructure company SB Energy also stated that it plans to secretly file for an IPO in the U.S. As OpenAI seems to be getting closer to an IPO, concerns about competitors like Anthropic, Google, and xAI threatening OpenAI's position have eased.Takashi Nakagawa, a senior analyst at TokaiTokyo Intelligence Laboratory, stated that the market is "extremely excited about the long-awaited OpenAI IPO finally approaching reality." He noted that this move will enhance the transparency of the currently opaque valuations in the artificial intelligence sector. A significant portion of SoftBank's portfolio consists of AI-driven private startups.

According to Onchain Lens monitoring, a certain whale sold 15,000 ETH for $31,120,000 in the past 24 hours. This whale sold 35,000 ETH at an average price of $2,066 over the past 3 days, totaling $72,300,000.

According to Jinshi reports, the director of the National Economic Council of the White House, Hassett, stated that if the U.S. and Iran reach a potential agreement, it could lead to a significant drop in energy prices and create room for the Federal Reserve to cut interest rates. He also pointed out that recent inflationary pressures have been primarily driven by high energy costs.

According to Onchain Lens monitoring, a certain whale deposited 15,100,000 USDC into Hyperliquid and purchased 238,811 HYPE at an average price of 63.24 USD in the past 4 hours, of which 10,000 HYPE has already been staked.

According to Jinshi reports, ECB Governing Council member Cœur stated that the European Central Bank is facing pressure to raise interest rates due to the Iran war driving up prices.