Today's Crypto and Bitcoin News

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 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

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

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 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 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%

President Donald Trump told reporters aboard Air Force One on June 5 that his administration is actively considering taking equity stakes or forming partnership arrangements with leading artificial intelligence companies.Trump framed the initiative as a way for the American public to effectively “pa

CoinMarketCap reports:The crypto market experienced a rare concentrated sell-off this week. Both Bitcoin and Ethereum posted their largest weekly declines since the FTX collapse in November 2022, triggering a significant decline in the overall digital asset market capitalization and widespread liqui

CoinDesk reports:The Polygon token POL dropped more than 12% over the past 24 hours. However, data from both spot and derivatives markets do not fully indicate a new downward trend, as some indicators suggest that the previous phase of concentrated selling may be weakening.The funding rate remains p

Huo Xing Finance reports that on June 7, trader 3X Long Labubu expressed a bearish outlook on the short-term trajectory of the Korean stock market but is prepared to buy at the bottom, employing an overall "sell first, buy later" deleveraging strategy. The trader predicts that the KOSPI index is hig

ETH Zurich researchers led by Renato Renner built a “perfect die” by entangling two qubits linked through a 30-meter tunnel with microwave photons, then refining the output with a two-source extractor. The Nature-published experiment yields random numbers whose unpredictability is certified by physi

ME AI message: According to monitoring by Beating, after the simultaneous release of 25 open-weight models including NVIDIA Nemotron 3 Ultra and Google Gemma 4 12B, tech investor Chamath Palihapitiya noted that the performance gap between open-source and proprietary frontier models is rapidly narrow

Crypto Burger, a renowned Web3 media company, has partnered with ENI, a prominent modular L1 chain. The collaboration denotes a landmark development in the advancement of enterprise-scale blockchain adoption. As per Crypto Burger’s official X announcement, the move highlights the rising role of comm

ME News reports that as of June 7 (UTC+8), the rolling 24-hour notional trading volume has changed compared to approximately eight hours ago: JPY increased by 352%, CC by 197%, and ASML by 137%. Total trading volume rose from $3.15 million to $11.38 million, an increase of $8.23 million. HIP3 and PE

ME News report, June 7 (UTC+8): This ranking combines the top 5 assets by 24-hour price increase with their respective funding rates. MRVL accounts for nearly 80% of trading volume, CRWV has a funding rate as high as 0.0279%/8h, and CBRS is the only asset with a negative funding rate, indicating a c