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a16z's Vision for Prediction Markets and Kalshi's $220 Billion Valuation
Author: Ma Tou, Da Da Luo SiPrediction markets may be the only field in 2025 capable of simultaneously exciting elite dollar fund investors, crypto natives, and media professionals.There are actually many compelling reasons to be bullish on it, such as arbitrage between state and federal regulations...
US Senate Blocks Reauthorization of Controversial Surveillance Law
The US Senate voted 52-47 on June 5 to block advancement of a bill that would have reauthorized one of America’s most powerful, and most controversial, surveillance tools. Section 702 of the Foreign Intelligence Surveillance Act, which allows US intelligence agencies to collect communications of for...
Bullish View: S&P 500’s 2.6% Decline Seen as a Healthy Correction, Rebounds Expected on Monday
Huoxing Finance reports that on June 7, Bull Theory released a market outlook stating that the S&P 500’s approximately 2.6% drop on Friday triggered market panic, but when viewed against a 75-year historical perspective, this volatility doesn’t even rank among the top 200 single-day largest declines...
JPY Surges 352% as Top Gainer Amid 8-Hour Trading Volume Spike
ME News report, June 7 (UTC+8): This ranking reflects the percentage change in rolling 24-hour notional trading volume over an 8-hour period within this cycle. All five assets in the sample posted positive growth, with total notional trading volume rising from approximately $3.15 million to about $1...
TradFi index sectors account for 59% of trading volume; MU funding rate is significantly high.
ME News report, June 7 (UTC+8): The 24-hour notional trading volume for the five assets on this list totaled $327 million, with index-based assets leading at 58.77%. Among individual stocks, MRVL posted the highest gain, but short positions are still paying out.
The top five assets are: XYZ100, SP...
TradFi 24h Top 5 Gainers: All U.S. Stocks, BB Funding Rate High, MRVL Short Side Still Paying
ME News report, June 7 (UTC+8): Sampled from the top 5 performing perpetual or spot assets on the Hyperliquid xyz venue over the past 24 hours, integrating the latest trading volume, open interest, and funding rates for each asset. BB-USDC recorded the highest 8-hour funding rate, while MRVL-USDC wa...
NVIDIA NVL576 optical engine configurations to increase by 78%
Odaily Planet Daily report: Analyst Jukan of Citrini posted on X that the latest FundaAI report reveals that NVIDIA’s NVL576 passive optical co-packaging technology has nearly doubled the density of optical engines and optical components. This passive optical co-packaging technology increases the nu...
Bullish View: The S&P 500's 2.6% Decline Is Normal Within a Long-Term Bull Market
BlockBeats report, June 7: Bull Theory released a market commentary stating that Friday’s approximately 2.6% drop in the S&P 500 triggered market panic, but viewed against a 75-year historical perspective, this movement doesn’t even rank among the top 200 largest single-day declines. Since 1949, the...
ZEC price surpasses $400, with 24-hour gains reaching 9.4%
Huo Xing Finance reports that on June 7, according to market data, ZEC rebounded above $400, reaching $414.6, and is currently trading at $403, with a 24-hour gain expanding to 9.4%. Prior to this, ZEC had dropped to $250 following the disclosure of an infinite minting vulnerability and has since re...
Shiba Inu Futures Activity Rises as Open Interest Surpasses 8.6 Trillion SHIB
Shiba Inu open interest surged 9.38%, reaching 8.63 trillion SHIB.Futures traders increased positions despite SHIB extending weekly losses.Rising derivatives activity signals expectations for significant market volatility.Shiba Inu futures traders increased their exposure during the last 24 hours, p...
OpenAI to Launch Largest ChatGPT Upgrade, Aiming to Transform into 'Super App'
OpenAI is preparing for its largest upgrade since ChatGPT's launch, which has also ignited a surge in artificial intelligence interest. The $850 billion-valued company plans to seek new growth engines ahead of its anticipated IPO this year. It intends to transform the chatbot into a "super app," int...
S&P 500 Falls 2.65% on Friday, 70% Chance of Additional Decline on Monday
Huoxing Finance reports that, on June 7, Crypto Rover released data showing that since 1950, the S&P 500 has declined more than 1.5% on Fridays 184 times, with only 54% of the following Mondays recording gains. When Friday’s decline exceeded 3%, the probability of a drop on Monday rose to 70%. This ...
PiggyBank Admits LAB Token Basis Trade Error, USDC Treasury Drops 15%
PANews, June 7: Yield protocol PiggyBank has issued a statement acknowledging a significant error in its basis trade involving LAB tokens last month. PiggyBank disclosed that the team previously purchased locked LAB tokens via OTC channels at a low price, amounting to approximately $100,000 (about 2...
Meta Considers Tens of Billions in Stock Offering to Fund AI Expansion
Meta Platforms is exploring a massive equity offering that could raise tens of billions of dollars, a move designed to bankroll its increasingly expensive AI ambitions. The consideration comes just days after Alphabet pulled off a record-setting $85 billion share sale, proving that investor appetite...
Revolut Eyes $115B Valuation in Secondary Share Sale
Revolut is eyeing a secondary share sale that would value the company at $115 billion, a figure that would place the UK-based digital bank in the same valuation neighborhood as some of the world’s largest traditional financial institutions.The deal, first reported by Bloomberg, would represent a 53%...
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