Rare earth prices rise to 14000% due to China's export controls

The spot gold price fell below $4200 per ounce for the first time since March 23, with a intraday drop of 1.4%. (Golden Ten)

According to on chain analyst Yu Jin's monitoring, after ETH followed the decline of the US stock market last night, Ethereum treasury company Bitmine increased its holdings of 100000 ETH, worth $163 million. Bitmine's goal is to hold 5% (6 million coins) of ETH, and currently we are 400000 coins short of that goal.

According to AI, an on chain analyst, from June 8th to 9th, a giant whale pledged 132 million stablecoins and sold 35000 ETH at an average price of $1672. Two hours ago, the address first withdrew 7000 ETH from Binance and repaid the Aave loan, earning $190000. Currently, there are still 28000 ETH outstanding.

According to Reuters, investor demand for SpaceX's initial public offering has exceeded $250 billion, far exceeding the planned fundraising of $75 billion, with an oversubscription rate of approximately three and a half to four times. SpaceX President Gwynne Shotwell and CFO Bret Johnsen met with about 300 institutional investors in Manhattan on Tuesday, with Elon Musk briefly attending some Zoom meetings during the roadshow. The IPO pricing is expected to take place on Thursday afternoon, and subscription intention data may change before the pricing. Some large institutional investors tend to submit orders later on.

According to Onchain Lens monitoring, a wallet address withdrew 100000 HYPEs worth approximately $5.9 million from Coinbase. On chain data shows that the address may belong to Bizyugo (Garga), co-founder of Yuga Labs. Public information shows that Bizyugo was involved in founding Bored Ape Yacht Club (BAYC), and its related address has recently continued to increase its holdings in HYPE.