Today's Crypto and Bitcoin News

ChimpX, an AI-centric Web3 infrastructure entity, has collaborated with Pundi X Labs, a renowned Web3 payment infrastructure provider. The partnership aims to accelerate seamless payments across Web3 and DeFi networks. As ChimpX disclosed in its official social media announcement, the development me...

In 2026, the global development of AI reached a landmark turning point—cloud providers’ capital expenditure on inference surpassed training capital expenditure for the first time in history. The industry’s focal point shifted from “training large models” to “utilizing large models,” fundamentally re...

ME News report, June 5 (UTC+8): This ranking covers five stock assets, with 24-hour price increases ranging from 7.5% to 11.6%. MRVL led in notional trading volume at $177 million, while BB posted the highest gain but had significantly higher funding rates. The top five assets are: BB, MRVL, RKLB,...

ME News reports that on June 5 (UTC+8), the 24-hour trading volume reached approximately $1.75 billion, with index sectors contributing over half. The annualized cost basis for CL long positions exceeded 12%, and MRVL rose 9.3% but with limited open interest accumulation. The top five assets were:...

Ethereum slides below major moving averages as bearish trend strengthensElevated open interest signals traders remain active despite ETH declinePersistent ETF outflows reflect weak institutional confidence in EthereumEthereum remains under heavy selling pressure as traders assess the cryptocurrency’...

ME News report, June 5 (UTC+8): This ranking is based on an 8-hour snapshot of rolling 24-hour notional trading volume. BTCD recorded the highest环比 increase, while HIP3-class assets accounted for the largest share of this ranking, with both futures and spot trading volumes rising in tandem. The to...

Key Insights:Bitcoin price revisits its 200-week moving average, a level closely watched during past bear markets.Bitcoin hashrate slips modestly as miners face growing pressure from high network difficulty.Newer Bitcoin holders now control a larger share of realized capitalization than two years ag...

Original author: GlassnodeAididiaoJP, Foresight NewsBitcoin fell 13% this week, leading to a sharp collapse in profitability and a surge in realized losses, as spot sellers regained control. U.S. spot ETF investors, after encountering resistance near their cost basis, have slipped back into unrealiz...

Ripple’s cross-border token is down 14% for the week, but the company continues to score major wins in global expansion and important partnerships.Bitcoin (BTC) has also plunged substantially, with numerous popular analysts expecting further declines, while Cardano (ADA) collapsed to its lowest leve...

Two House lawmakers dropped a bipartisan discussion draft on Thursday that would create the first comprehensive national framework for artificial intelligence, temporarily blocking states from writing their own rules around AI model development. The three-year federal preemption window is designed t...

BlockBeats news, June 5: According to Coinglass data, as Bitcoin continued its sharp decline today, dropping as low as $61,126.01, current funding rates on major CEXs and DEXs indicate a renewed strong bearish sentiment in the market, as shown in the attached chart.BlockBeats Note: Funding rate is a...

AI / Large ModelsAnthropic calls for a global pause on AI development, while its valuation heads toward $1 trillionAnthropic has publicly stated its intention to freeze global AI development, citing internal data showing that Claude is accelerating the pace of AI advancement and posing a "recursive ...

Reform UK, the Nigel Farage-led party, has tapped into crypto wealth this year, drawing a notable sum from two crypto-focused billionaires, according to Electoral Commission data released this week. The donations total roughly seven million pounds (about $9.4 million) and break down to approximately...

On June 5, bipartisan members of the U.S. House of Representatives unveiled a 269-page draft AI legislation, the Great American AI Act, targeting leading AI companies such as OpenAI, Google DeepMind, and Anthropic with annual revenues exceeding $500 million. The draft requires these firms to disclos...

New filings for unemployment benefits jumped to their highest level since February, landing at 225,000 for the week ending May 30. That’s 13,000 more than the prior week and well above the 213,000 economists had penciled in.At the same time, a separate report revised first-quarter productivity growt...