Author: 行政
Bitcoin was designed as a hedge against inflation, but every hot inflation report in the past year has knocked its price lower, and Thursday’s data was no different. The Producer Price Index rose 1.1% in May, lifting the annual increase to 6.5%, the fastest pace since November 2022 and well above the 0.7% monthly gain economists had expected.Energy did most of the damage, as final demand goods climbed 2.8%, the largest monthly increase since the series began in December 2009, with energy prices up 10.7% and gasoline surging 23.4% as the Iran conflict keeps oil supply at risk. Even after…
The Bitcoin network is poised to execute one of the largest downward adjustments to its mining difficulty in its 17-year history this weekend, a stark reflection of the severe margin compression forcing operators to take hardware offline.The automated recalibration, scheduled to occur on June 13 at block height 953,568, is projected to slash the network’s difficulty by approximately 10.3%. This shift will drop the target metric from 138.96 trillion to roughly 124.25 trillion.This would also be the second-largest drop this year, behind an 11.16% decline in February.Additionally, the decline will mark the 11th-largest negative difficulty adjustment since the inception of…
DraftKings told investors on June 9 that its prediction markets business is scaling fast, and the market liked what it saw. The company’s Form 8-K reported that May 2026 annualized consumer volume in its Predictions offering rose 24% month over month to $1.3 billion, while annualized total volume traded climbed 34% to $3.1 billion. Shares of DraftKings jumped roughly 10% in early trading on the news.Those figures are enormous for a product line that’s barely six months old, since DraftKings only launched Predictions in December 2025. Seen against the broader category, though, they show a company that’s arriving late to…
Wall Street got to trade Bitcoin around the clock just in time to watch the market fall apart. CME Group launched 24/7 trading for its crypto futures and options on May 29, and over the first weekend, more than 7,200 contracts changed hands, worth roughly $50 million in notional value.Within days, Bitcoin had slid below $70,000 for the first time in two months, and the market had to absorb one of its sharpest deleveraging waves of the year, with almost $10 billion in long-futures liquidations over a single week.Could CME’s always-on market become the volatility equalizer Bitcoin has needed for…
The Securities and Exchange Commission (SEC) is moving to dismantle a stock-trading rule that has governed Wall Street for two decades.On June 11, the agency submitted a proposal that would rescind Rule 611 of Regulation NMS, the trade-through rule that requires trading centers to prevent stock trades from executing at prices worse than protected quotes displayed elsewhere. It would also eliminate Rule 610(e), which restricts locked and crossed quotations, along with related definitions.For most of Wall Street, the proposal is a market-structure fight over routing, exchanges, wholesalers, displayed quotes, and execution quality.For crypto firms and banks exploring tokenized shares, it…
Bitcoin’s largest buyers are no longer behaving like a reliable backstop for the largest cryptocurrency.The exchange-traded funds, public-company treasuries, and Bitcoin-linked equities that helped define the market’s institutional era are showing signs of strain, just as the world’s largest digital asset struggles to hold above $60,000, one of its most closely watched price levels.This persistent drawdown has prompted a broader reevaluation of the cryptocurrency’s role in institutional portfolios, raising questions about whether the current environment reflects a temporary profit-taking exercise or a structural retreat from digital assets. Related ReadingBitcoin’s $60,000 support is still a bet on the dollar breakingGlassnode says…
XRP is trading at $1.11, down roughly 17% from its June opening, having set a new 2026 low on June 5 and shed $8 billion in market cap over three sessions.The correction happens as the asset posted its strongest ETF inflow month of the year, with $131.94 million captured in May, ahead of both Bitcoin and Ethereum products.Glassnode’s June 9 data points to loss realization as the primary pressure on XRP’s price, with the token’s 90-day realized profit-to-loss ratio falling to 0.38, meaning holders are booking roughly 38 cents in profit for every dollar of realized loss.At the speculative peak…
Official Trump coin price surges 18%, outperforming the broader crypto market. The rally is driven by Donald Trump’s upcoming birthday on June 14. Key levels to watch include the resistance at $2.20 and the support at $1.80. The Official Trump coin price has seen a sharp move to the upside, climbing about 18% in 24 hours to $2.02. The rally has stood out because the broader crypto market gained only about 1.02%, meaning the token significantly outpaced overall market momentum. Trading activity also picked up significantly, with 24-hour volume surging to roughly $455 million, while futures positioning showed rising interest.…
Google blocked or removed 8.3 billion ads in 2025 and suspended 24.9 million advertiser accounts, with 602 million of those ads tied directly to scams.Those numbers show that the volume of fraudulent material attempting to reach users has grown large enough to require an AI system operating at an industrial scale to contain it.Gemini now analyzes hundreds of billions of signals in real time, such as account age, behavioral cues, and campaign patterns, catching over 99% of policy-violating ads before they run.The fraction that cleared that filter still reached users across one of the world’s largest ad networks.Generative AI has…
Binance, Kraken, Bybit, and Gemini are moving to add US stocks and ETFs to their crypto trading apps, making a direct play for the retail brokerage relationship that Wall Street has owned for a century.Binance launched direct access to more than 7,000 US stocks and ETFs alongside bStocks, a tokenized product offering 1:1 economic exposure to selected US equities that settle in stablecoins, can be withdrawn to self-custody wallets, and trade 24/7 on Binance Spot.Kraken’s xStocks reached 100 fully backed tokenized US stocks and ETFs, surpassed $25 billion in transaction volume since June 2025, and is targeting 500+ listings by…