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Tuesday2026/0609
06-04

China Suspends Robotaxi Licenses After Baidu Fleet Malfunction in Wuhan

On April 29, 2026, China suspended the issuance of new autonomous driving permits across the country. The freeze covers fleet expansions, new pilot programs, and city-level robotaxi operations, effectively putting the brakes on one of the world’s most aggressive pushes into driverless transportation...

Arm's Stock Surges 277% YTD, Valuation Hits $218B Amid AI Chip Demand

Arm Holdings has nearly doubled in value in a matter of weeks. The UK-based chip architecture company, majority-owned by SoftBank, now commands a market capitalization of roughly $218 billion, placing it among the most valuable semiconductor companies on the planet.Its American Depositary Receipts c...

CryptoQuant CEO: Bitcoin's Wealth Transfer Could Fuel Next Rally

CryptoQuant CEO Ki Young Ju says Bitcoin’s current distribution phase may be less a sign of structural weakness than a major transfer of supply from old market participants to US financial institutions, ETFs and new long-term holders.In a series of posts on X, Ki argued that selling by Bitcoin OGs a...

Matt Cole on Digital Credit and Bitcoin's Role in Economic Transition

Key TakeawaysDigital credit is emerging as a crucial tool for addressing maturity risk associated with Bitcoin.The ongoing debt crisis is a catalyst for transitioning to a Bitcoin-driven financial future.The timeline for transitioning to a Bitcoin-centric economy remains uncertain.Traditional 60/40 ...

DXY falls to 99.419 as EUR and GBP strengthen

ChainCatcher report, according to Jin10, the U.S. Dollar Index, which measures the dollar against six major currencies, fell 0.11% on June 5, closing at 99.419 in late forex trading. One euro exchanged for $1.1614, up from $1.1598 in the previous trading session; one British pound exchanged for $1.3...

USA100 Leads in 24-Hour Trading Volume Surge, QNT Follows Closely

ME News report, June 5 (UTC+8): All 8-hour rolling 24-hour notional volume samples showed positive changes, with four HIP3 contracts and one perpetual contract making the list. USA100 recorded the highest growth ratio, while QNT saw the largest absolute increase. The top five assets are: USA100, Q...

TradFi indices account for over 60% of trading volume, with all funding rates positive.

ME News report, June 5 (UTC+8): The total 24-hour notional trading volume for this ranking amounted to approximately $1.89 billion, with the indices sector contributing 61.2%. All listed assets had positive 8-hour funding rates, indicating consistent long-position cost direction. The top five asse...

Gulf Development Pcl to Invest $4.3B in AI Data Center Expansion in Thailand

Sarath Ratanavadi, Thailand’s wealthiest individual, is channeling up to 140 billion baht, roughly $4.3 billion, into data center expansion over the next five years. The investment, announced during a June 4 investor call, would increase Gulf Development Pcl’s data center capacity by as much as 2,00...

Cardano Shorts Dominate 75% of ADA Exposure as Confidence Wanes

Cardano’s [ADA] decline is starting to feel less like a routine pullback and more like a confidence problem.The token has remained under pressure since it lost a key EMA support zone on the 16th of May. Since then, sellers have maintained control as bullish momentum continued fading.What’s notable i...

Federal Officials Propose Splitting PJM Amid Soaring Power Prices

The organization responsible for keeping the lights on for roughly 67 million Americans is suddenly the subject of breakup talk in Washington. PJM Interconnection, the regional transmission organization spanning 13 states and the District of Columbia, is facing mounting pressure from federal officia...

ARK Invest Director Highlights Undervalued Altcoins Amid Market Discrepancy

Lorenzo Valente, Director of Digital Asset Research at ARK Invest, argued that many protocols in the cryptocurrency market are being overlooked by investors and that the next big wave of opportunity could come from these “neglected” assets.Valente, in his assessment, noted that despite numerous cryp...

Pred Launches Public Access on Base Blockchain Ahead of 2026 FIFA World Cup

Peer-to-peer decentralized sports trading exchange, Pred, has officially opened to public access to its platform. The public debut just a few days before the opening match of the 2026 FIFA World Cup.Key Takeaways:Peer-to-peer sports exchange Pred launched public access on Base to capture the 2026 FI...

MicroStrategy Faces $10.8B Unrealized Loss on Bitcoin Holdings

Strategy, the company formerly known as MicroStrategy, is sitting on an unrealized loss of roughly $10.8 billion across its Bitcoin treasury. The firm that turned corporate treasury management into a high-conviction crypto trade is now nursing the largest paper loss in its six-year Bitcoin accumulat...

Analyst Maps Bitcoin's Road to $500,000 Amid Sharp Price Drop

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad DisclosureAn analyst has mapped out a detailed chart analysis showing how Bitcoin (BTC), the world’s largest cryptocurrency could eventually rally to a $500,000 all-time high. The analyst has expressed strong co...

Bitcoin Slides to $63K as Strategy Pauses BTC Buys, STRC Cracks $95 Floor

Bitcoin NewsProCap Financial CEO Anthony Pompliano dismissed concerns that Bitcoin's latest pullback signals a structural breakdown in the institutional adoption narrative, arguing on national television that the decline reflects normal capital rotation rather than a fading thesis. He said Bitcoin's...

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