Today's Crypto and Bitcoin News
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Saturday2026/06
06-01
China Releases New Regulations on Overseas Investment
ME News reports that on June 1 (UTC+8), the "Regulations on Foreign Investment" were adopted at the 83rd meeting of the State Council on April 17, 2026, and are hereby promulgated, to take effect on July 1, 2026.
To advance high-level opening-up, promote high-quality development of foreign investm...
HYPE's top short seller, Loracle, transfers $64M in spot assets to Hyperliquid amid price surge
According to HyperInsight monitoring, as HYPE surged above $70, the largest HYPE short position holder, trader Loracle, has been steadily reducing their HYPE short position over the past several hours. As of this report, their 5x leveraged short position has decreased from $102 million to $60.94 mil...
BitFi Announces BFI Tokenomics and Public Sale via Sonar
ME News reports that on June 1 (UTC+8), BitFi officially unveiled the tokenomics of its native token, BFI, and will launch the BFI Public Sale via Sonar by Echo. The BFI Public Sale will allocate 1.00% of the total supply, with a public sale price of $0.05 USDC per token, corresponding to a fully di...
Bitcoin ETFs See $3B in 10-Day Outflows Amid Bullish Social Sentiment
Spot Bitcoin ETFs have recorded 10 consecutive days of outflows, with net redemptions approaching $3 billion since May 15 — even as social media sentiment around Bitcoin has surged to its most bullish reading of the year.
Crypto analytics firm Santiment measured 2.23 positive comments for every bea...
HYPE's largest short seller, Loracle, transfers $64 million in spot assets to Hyperliquid and reduces its short positions.
Huo Xing Finance reports that, as of June 1, according to Hyperinsight monitoring, following HYPE’s surge above $70, the largest HYPE short seller, trader Loracle, has been steadily reducing their HYPE short position over the past several hours. As of publication, their 5x leveraged short position h...
Gravity Bridge Suspends Service After $5.4M Attack
Gravity Bridge, the Cosmos-based cross-chain bridge connecting Ethereum and Cosmos ecosystem chains, has suspended service following an attack that researchers say drained $5.4 million from the protocol in a suspected key compromise.What Happened to Gravity BridgeThe bridge was drained of $5.4 milli...
BTC faces resistance at $74,300; HYPE enters the top 10 by market cap.
ME AI Update: 1⃣ BTC encountered resistance near $74,300; analysts note that a confirmed rebound structure requires volume-backed breakout.
2⃣ On-chain data: Coins held 6–12 months are concentrated around $76,000, with an average loss of 30% leading to liquidation—historically, such capitulation s...
US Closes Nvidia Chip Export Loophole to China Entities
For roughly a year, Chinese companies found a workaround to US chip export controls that was almost embarrassingly simple: set up a subsidiary in Malaysia or Singapore, order the chips there, and sidestep the licensing requirements entirely. The US Department of Commerce just slammed that door shut....
Smart Money Accumulates 5 Altcoins Ahead of Potential 7x Rally in 2026
Capital rotation toward mid- and large-cap altcoins has continued during recent market consolidation.Injective, Aptos, Sui, Sei, and Hedera recorded rising network activity and liquidity growth.Analysts are monitoring whether altseason momentum could trigger stronger upside across utility-focused to...
Solana Proposes Base Fee Burning Mechanism to Enhance Token Economics
BlockBeats report, June 1: Solana developer cavemanloverboy has proposed SIMD-547, suggesting an improvement to the SOL token economy through a resource consumption-based fee burning mechanism. The proposal recommends charging a base fee of 0.1 lamport per cost unit for each transaction, with the fu...
Solana Community Proposes Base Fee Burning Mechanism to Enhance SOL Tokenomics
According to the GitHub Solana Improvement Document (SIMD) discussion forum, developer cavemanloverboy proposed improving the SOL token economy through a resource consumption-based fee burning mechanism. The proposal suggests charging a base fee of 0.1 lamport per cost unit for each transaction, wit...
Ripple Notes Turkey's $200B Crypto Market Surpassing UAE by 4x
Turkey’s crypto market has become the region’s largest, with roughly $200 billion in transaction volume over the past year. Ripple executive Reece Merrick described Turkey as a leading crypto adoption market as Istanbul prepares to host a major blockchain event.Key Takeaways:Ripple executive Ree...
Coinbase Launches Direct INR Deposit and Withdrawal in India via IMPS
Coinbase has launched direct INR deposit and withdrawal rails for Indian users via IMPS, effective June 1, 2026, marking the U.S.-based exchange’s most significant push into the world’s top-ranked crypto adoption market.The rollout enables Indian customers to link bank accounts and move rupees on an...
South Korean retail investors increase leverage as stock market reaches new highs
Huo Xing Finance reports that on June 1, the booming Korean stock market drove a surge in personal borrowing. As the KOSPI index continued to hit new records, retail investors in Korea became increasingly eager to borrow money to invest in the market. By last Thursday, the total outstanding balance ...
Who is Serenity? Understanding the Investment Logic of the 'AI Supply Chain Guru'
Article by Tao Zhu, Jinse财经Recently, a U.S. stock trader named Serenity unexpectedly went viral. Some call him the godfather of AI supply chains, the king of optical communications, the AI-era Roaring Kitty, and a new-generation WSB legend. Others argue he is merely a bull-market survivor whose retu...
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