Today's Crypto and Bitcoin News

BlockBeats report: On June 4, the number of initial claims for unemployment insurance in the U.S. for the week ending May 30 was 225,000, higher than the expected 213,000 and the revised prior value of 212,000, marking the highest level since the first week of February. The four-week moving average

ChainCatcher report: AI robotics startup Generalist AI has completed a new $400 million funding round led by Radical Ventures, with participation from 8VC, Union Square Ventures, Hanabi Capital, and existing investors NVIDIA and Bezos Expeditions. Post-round valuation stands at $2 billion. The compa

Odaily Planet Daily report: According to data from MSX.COM, chip giant Broadcom plunged 14% in pre-market trading. Although its second-quarter overall revenue and earnings per share slightly exceeded expectations, its guidance for AI chip sales in the next quarter at $16 billion fell below the analy

Odaily Planet Daily reports: Robot AI startup Generalist AI has completed a new round of $400 million in funding, led by Radical Ventures, with participation from 8VC, Union Square Ventures, Hanabi Capital, and existing investors NVIDIA and Bezos Expeditions. Post-funding, the company’s valuation ha

Odaily Planet Daily report: Nasdaq-listed Bitcoin mining company CleanSpark released its unaudited operational update for May 2026, disclosing that it mined 671 BTC in May, while simultaneously selling 404 BTC in spot markets and 250 BTC pursuant to option exercises. As of May 31, its total Bitcoin

Odaily Planet Daily reports that the World Gold Council stated that global gold ETF fund flows turned net outflows in May, with a withdrawal of $2 billion, reducing total assets under management by 2% to $604 billion. Europe was the only region to record net inflows, at $334 million; Asia saw outflo

According to PRNewswire, the corporate payments and financial management platform Ramp announced the completion of a $750 million Series F funding round led by ICONIQ, GIC, and Ontario Teachers’ Pension Plan, with the company valued at $44 billion. The proceeds from this round will be used to furthe

Bitcoin’s most fickle cohort has just printed its most extreme stress reading of 2026, and on-chain analysts are cautioning it is too early to call a floor. The latest data from the on-chain update shows short-term holders (STHs) capitulating at a level not seen this year. It is the kind of signal t

TSMC CEO C.C. Wei informed shareholders on June 4 that the global supply of chips will continue to lag behind AI-driven demand for years. TSMC’s first quarter 2026 revenue hit NT$1.13 trillion, roughly $35.7B, representing a 35% year-over-year increase driven almost entirely by the appetite for AI-c

The sustained selling coincided with a big decline in Bitcoin’s price and resulted in ETF holdings falling by more than 51,700 BTC over the past month. BlackRock’s IBIT accounted for the majority of the withdrawals, and analysts are divided on the cause of the downturn.Bitcoin ETFs Shed BillionsUS-l

ChainCatcher reports that Ramp, an enterprise-grade AI payment and financial management platform, has announced the completion of a new funding round of $7.5 billion, bringing its post-money valuation to $44 billion. This round was led by ICONIQ, GIC, and Ontario Teachers’ Pension Plan, with partici

SOL trades below all major EMAs as sellers maintain control and pressure support.Open interest stabilizes near $4.9B, signaling cautious trader participation.Persistent net outflows and weak inflows keep downside risks elevated further.Solana (SOL) continues to face mounting pressure as sellers main

Mortgage refinance rates edged lower on June 3, offering some relief for homeowners considering replacing their existing loans.According to the latest data from the Mortgage Research Center, the average interest rate for a 30-year fixed refinance mortgage fell to 6.56%, down 0.06 percentage points f

Standard Chartered slashed its 2026 Ethereum (ETH) price target by 47% to $4,000, yet kept its long-term forecast untouched at $40,000 for 2030, implying more than 20x upside even as ETH traded below $1,800.The bank framed the steep cut as a cyclical setback rather than a broken thesis. It still exp

According to ME News, on June 4 (UTC+8), Bitwise advisor Jeff Park posted on social media that he does not believe the sell-off of Bitcoin was caused by MicroStrategy (MSTR) selling its Bitcoin holdings. Jeff Park believes Bitcoin is more likely being used to fund upcoming market-favorite capital