Event Calendar
According to Businesswire, Oblong, Inc., an IT solution technology service provider listed on NASDAQ, announced that it has signed a securities purchase agreement with institutional investors. Dawson James Securities serves as the placement agent for this offering, raising approximately $7.5 million through a private placement of 1989392 ordinary shares at a price of $3.77 per share. It is reported that the net proceeds from this offering will be used to launch an artificial intelligence and digital asset strategy centered around the Layer 1 blockchain Bittensor.
Foresight News reported that according to The Block, Dune Analytics data shows that the number of active users in the NFT market OpenSea in May reached a new high since mid-2023. Among them, 467322 users conducted one or more transactions, reaching the level from mid-2022 to early 2023. The number of active users in June may be similar to or even higher than last month, currently at 236091 people. However, the monthly trading volume of OpenSea is still significantly lower than the levels of 2021 and early 2022, with a trading volume of $81 million in May and a peak monthly trading volume of over $5 billion in January 2022.
According to BlockBeats, on June 9th, Matrixport released a daily chart analysis stating that "Circle's heavyweight IPO has skyrocketed its valuation to $24 billion - nearly $20 billion higher than the price Coinbase was willing to pay a month ago. Although the offer at that time seems like a "bargain hunt" from now on, the success of this IPO undoubtedly reignited Wall Street's interest in cryptocurrency stocks. However, despite the rising market sentiment, the overall cryptocurrency market has not shown the same enthusiasm. The funding rate of Bitcoin is still relatively low, and even turned negative at one point. Some investors may be adopting a hedging strategy of long on cryptocurrency stocks while short on Bitcoin. Regardless of the strategy, the current optimism mainly remains in the public stock market and has not yet fully spread to the cryptocurrency assets themselves
According to Matrixport's analysis, Circle's heavyweight IPO has pushed its valuation to $24 billion, far higher than Coinbase's proposed acquisition price a month ago, which was considered a 'bargain hunt'. The success of this IPO has once again ignited Wall Street's enthusiasm for cryptocurrency concept stocks. However, compared to the strong performance of cryptocurrency stocks, the overall cryptocurrency market has not shown the same level of heat. Data shows that Bitcoin funding rates not only remain low, but even fell to negative values at one point. This indicates that some investors may hedge their risks by shorting Bitcoin while going long on cryptocurrency concept stocks. Although the public market sentiment is optimistic, this sentiment has not yet fully transmitted to the cryptocurrency itself, and the market heat still needs further observation.
According to Foresight News, European listed company The Blockchain Group has partnered with asset management company TOBAM to launch a 300 million euro "ATM (At The Market) type" capital increase plan. The plan aims to accelerate The Blockchain Group's Bitcoin Treasury Company strategy by increasing the number of bitcoins per share on a fully diluted basis over time.
Odaily Planet Daily News: Lei Ming, a former investor in Huaxing New Economy Fund, invested in Circle in 2018. In his latest interview, he said that investing in Circle seven years ago had a certain element of luck. At that time, Circle's main business was not stablecoins, with a valuation of only 3 billion US dollars. Now, the market value of 20 billion US dollars is somewhat unexpected. The core judgment of investing in Circle is that blockchain technology can create great commercial and social value in the future, and the essence of finance is license ability. Circle was precisely the company with the most complete license at that time. Circle was listed on the New York Stock Exchange last week, becoming the "world's first stablecoin stock". After two trading days, the stock price has risen 247.42% from the issue price, with a market value of approximately $24 billion. The IPO of Circle ultimately raised $1.1 billion and received over 25 times oversubscription. (IPO was known earlier) Previously, Hong Kong listed company Huaxing Capital disclosed that its managed Huaxing New Economy Fund had invested in Circle as early as 2018. The company will continue to be optimistic about the development of blockchain technology and actively explore its layout in the Web3.0 and cryptocurrency asset fields.
Odaily Planet Daily News: According to official announcements, OKX will soon launch USDG (Global Dollar). The specific schedule is as follows: USDG call auction time period: June 11, 2025, 8:00 pm to 9:00 pm (UTC+8); USDG/USDT spot trading opening time: 9:00 PM (UTC+8) on June 11, 2025; USDG withdrawal opening time: 11:00 PM (UTC+8) on June 11, 2025. (This news is generated with AI assistance)
OKX - ICP current price is $5.60, with a 24-hour increase of 6.46%. 24-hour transaction volume of 200 million US dollars, an increase of 252.2%, for reference only
According to Cboe's official announcement, the Chicago Board Options Exchange recently launched its first covered call option index based on spot Bitcoin ETFs. This series includes two indices, BXGBTCA and BXGBTCT, which track the performance of the gray Bitcoin Trust ETF (GBTC)'s flat and 20% call option hedging strategies, respectively. The new product provides investors with a tool to manage Bitcoin risk exposure by synthesizing long GBTC and selling call options. This launch is Cboe's attempt to introduce traditional option return strategies into the digital asset market, where the index does not directly hold Bitcoin but tracks it through GBTC option contracts.
On June 9th, according to Onchain Lens monitoring, a whale address deposited 2.5 million USDC into HyperLiquid and bought 70617.6 HYPE at an average price of $35.4.
【】 The perpetual trading volume of Binance RENDER/USDT surged 23 times within 10 minutes, with a turnover of 20.44 million US dollars in the past 24 hours, a decrease of 0.55%. A surge in trading volume generally indicates an increase in market trading activity or large-scale fund buying and selling operations, which may be caused by certain important market changes or news announcements.
BlockBeats news, on June 9th, according to official sources, the first USDT based Layer 1 network Stable was officially announced. The project is supported by Bitfinex and the USDT unified liquidity protocol USDT0, and the network uses USDT as the native gas, with free peer-to-peer USDT transfers. Tether CEO Paolo Ardoino serves as a consultant for the project. It is reported that Stable's market positioning is financial institutions, not retail users. At present, its internal testing network has been launched, and the team is guiding early builders to explore SDKs for wallet, application, and hosting integration.
According to BlockBeats, on June 9th, CryptoQuant analyst Axel released data on social media stating that the daily average spot trading volume on the centralized trading platform (CEX) has dropped to the level of October 2020. The token has neither been sold on the spot nor transferred on the chain - the market has shifted towards the 'HoDL' model.
Odaily Planet Daily News: GMGN market shows that the market value of Meme token EGL1 on BSC has exceeded 80 million US dollars, but this token may be a highly controlled chip for market makers, or there may be a risk of rug. Odaily reminds users that the price of Meme coin fluctuates greatly, and investors are advised to participate with caution.
According to official sources. Huaxia Fund (Hong Kong) Visa、 The Australian and New Zealand Banking Group and Fidelity International have jointly released the interim report of the second phase of the Hong Kong Monetary Authority's (HKMA) Digital Hong Kong Dollar+(e-HKD+) pilot program, titled 'Transforming Global Payments: The Role of tokenized currencies and funds in cross-border transactions'. The report points out that the second phase will explore use cases around three themes: settlement of tokenized assets, programmability, and offline payments. Sandbox participants will test how Australian investors can use digital Hong Kong dollars or tokenized deposits to purchase tokenized fund units from Hong Kong asset management companies. The entire process is divided into two steps: first, Australian investors obtain digital Hong Kong dollars through their ANZ bank; Secondly, use digital Hong Kong dollars to purchase shares of the tokenized Hong Kong money market fund of Huaxia Fund (Hong Kong). These transactions are designed to be close to real-time and synchronized to test the effectiveness of reducing counterparty risk related to settlement. In the next stage of the sandbox, sandbox participants will initiate end-to-end trading tests to delve into how tokenization technology can reduce counterparty risks related to settlement. It is expected that these tests will provide important insights for the further development of the industry in terms of interoperability standards, token standards, token distribution, and the 24/7 availability provided by blockchain technology.
Odaily Planet Daily News: Binance's latest Proof of Reserve (PoR) report shows that the reserve ratio of Binance's major assets exceeds 100%. The BTC reserve ratio is 102.13%, holding 606080.648 bitcoins; The USDT reserve ratio is 101.52%, holding approximately 29.27 billion coins; The ETH reserve ratio is 100.00%, holding approximately 5.337 million coins; The BNB reserve ratio is 111.74%, holding approximately 44.536 million coins. The USDC reserve ratio is the highest, reaching 153.01%, indicating sufficient capital reserves.
Odaily Planet Daily News: Binance. US released an article on X platform introducing HYPE and Hyperliquid, a decentralized exchange on the chain. This move has attracted community attention. Arthur Hayes, Chief Investment Officer of BitMEX and Maelstrom Fund, asked CZ Binance about its plan to launch HYPE spot trading and said, "Does this mean Binance is about to launch HYPE spot trading
According to a report by Jinshi, CITIC Securities Research Report stated that cryptocurrencies have good privacy and anti inflation properties, have grown rapidly since their inception, and are gradually being regularized as assets. With the expansion of the demand for cryptocurrencies, a pattern of speculative pricing similar to gold has emerged as a bottom line for demand support. However, in the short term, due to insufficient monetization and high risk appetite of marginal price setters, cryptocurrencies are actually more speculative. In the medium to long term, it is expected that both cryptocurrencies and gold will benefit from the monetization brought about by anti globalization and de dollarization. The 'future gold' may not necessarily include Bitcoin, but there is a high probability of cryptocurrency. Cryptocurrencies are expected to benefit from possible regulatory easing during Trump's presidency in the short term, but we need to wait for certainty in trade and foreign policy.
OKX-BTC/USDT is currently trading at $10545.40, with a 5-minute decline of 0.07%. Please be aware of the market fluctuations.
According to Cryptotimes, Nasdaq submitted a rule change application to the US Securities and Exchange Commission (SEC) on June 7th, planning to include XRP, Solana (SOL), Cardano (ADA), and Stellar Lumens (XLM) in its crypto index benchmark. This adjustment involves the Hashdex Nasdaq Crypto Index ETF (NCIQ), which plans to expand its tracking target from the original Nasdaq Crypto US Settlement Price Index (NCIUS) to the Nasdaq Crypto Index (NCI) covering 9 tokens. At present, the NCI index includes 9 cryptocurrencies such as Bitcoin (BTC) and Ethereum (ETH), but due to current SEC regulations, this ETF can only hold BTC and ETH, resulting in tracking error risk. If approved, the ETF will be able to invest in all index component assets, and the final decision is expected to be made before November 2, 2025. This move may take a crucial step towards diversification for US cryptocurrency ETFs.