Today's Must-Read
Wednesday, J 04・Behind Injective’s soaring data, is it a flash in the pan or a comeback?・The capital game of Circle, the “first stablecoin stock”: old shareholders cash out, Wall Street enters the market, what should retail investors do?・HashKey Trading Time: US stocks closed higher across the board, Ethereum fluctuated for 25 consecutive days, and may replicate the mid-term market in 2021
Video | Weekly market analysis: Bitcoin has a solid support of $100,000, SharpLink has soared 2,700% in 5 days, and Ethereum is expected to break through $3,000 in the short term?
This episode will focus on the market structure after Bitcoin broke through the $100,000 mark, go deep into the Las Vegas Bitcoin Conference, analyze the policy signals behind the speech of US Vice President JD Vance, and how the Lummis Strategic Bitcoin Reserve Act will change the country's attitude towards digital assets.
The Round Trip7 minute ago
Treasure Global Inc. (NASDAQ: TGL), a Nasdaq-listed company and e-commerce platform operator, announced the launch of a $100 million digital asset fund pool to strengthen its digital infrastructure and support the launch of its AI consumer intelligence platform. The funds for this program consist of two parts: $50 million from existing equity financing agreements and another $50 million from new investments from strategic institutional investors. The funds will be used in phases to allocate blockchain native assets such as Bitcoin, Ethereum and regulated stablecoins, aiming to improve capital efficiency and lay the foundation for future tokenization, loyalty programs and blockchain settlement systems.
PA一线1 hour ago
Binance announced the launch of its first spot liquidity program for altcoins only, aiming to meet the market's demand for greater diversity. The new "Altcoin Liquidity Enhancement Program" aims to provide the most attractive altcoin market making rebates in the industry to attract small and medium-sized liquidity providers who want to focus on altcoin market making to supplement the exchange's existing liquidity programs. According to the program details, market makers only need to focus on altcoin trading pairs to participate, and are no longer required to participate in mainstream currencies such as Bitcoin. The plan sets two rebate tiers: market makers with a market share of 0.5% of the trading volume in the month can receive a rebate of 0.005%, and those with a market share of 1% can receive a rebate of 0.01%.
PA一线4 hour ago
In general, the launch of Aave Umbrella has optimized the pressure on the supply side of AAVE tokenomics and improved capital efficiency from the perspective of the project. However, it is necessary to observe the impact of the transition of participants in the original incentive scenarios on the protocol. As for stkGHO participants alone, they may need to find other yield scenarios.
马里奥看Web34 hour ago
The Moscow Exchange in Russia officially launched Bitcoin futures trading on June 4, 2025. This product is only open to qualified investors. The IBIT futures contracts launched this time are quoted in US dollars and settled in rubles. The first batch of contracts will expire in September 2025. This futures product is based on the value of the Bitcoin Trust ETF, with a transaction unit of US dollar per lot and ultimately settled in rubles.
PA一线4 hour ago
Solana Ecosystem DePIN project CUDIS announced the token economics. The total supply of CUDIS tokens is 1 billion, and the TGE circulation is 24.75% of the total supply of tokens. 25% of the tokens will be allocated to the community to encourage the participation of users in multiple seasons, and the total allocation in the first season is 5%. The first season airdrop application will be opened at 20:00 on June 5th, Beijing time, and a total of 50 million CUDIS will be allocated to more than 60,000 active community users.
PA一线4 hour ago
The Secretary for Financial Services and the Treasury of Hong Kong, Paul Hui, said that in response to the latest developments in the virtual asset market, the Treasury will issue the second policy statement on the development of virtual assets, outlining the next policy vision and direction. The policy statement will explore how to combine the advantages of traditional financial services with technological innovation in the field of virtual assets, and improve the security and flexibility of real economic activities. It will also encourage local and international companies to explore the innovation and application of virtual asset technology. In addition, he pointed out that the Securities and Futures Commission is considering introducing virtual asset derivatives trading for professional investors, emphasizing that it will formulate robust risk management measures, which are expected to further enrich the product options in the Hong Kong market while ensuring that transactions are conducted in an orderly, transparent and secure manner. In terms of assisting fintech companies to expand their business, he pointed out that Invest Hong Kong is actively working with industry stakeholders to promote in the Guangdong-Hong Kong-Macao Greater Bay Area to assist Hong Kong fintech companies to further expand into the mainland market.
PA一线5 hour ago
Binance Wallet exclusive TGE 21st phase launched CUDIS (CUDIS). Subscription time: June 5, 2025, 4 pm to 6 pm (UTC+8). Subscription qualifications: Eligible users must use Binance Alpha Points to participate. An additional 30,000,000 CUDIS will be used for future activities, and specific details will be announced separately.
PA一线5 hour ago
A joint study by Chainplay and Strorible shows that among the 1,181 crypto projects that received venture capital in 2023-2024, 45% have ceased operations and 77% have a monthly income of less than $1,000. In terms of venture capital institutions, Polychain Capital has the highest investment failure rate, with 44% of its investment projects terminated and 76% of its projects not generating effective income; Yzi Labs (formerly Binance Labs) has a 72% failure rate in supported projects; top venture capital companies such as Circle, Delphi Ventures, Consensys, and Andreessen Horowitz have also seen a large number of supported projects cease operations, with more than two-thirds of projects failing.
PA一线5 hour ago
PA Daily | Ethereum spot ETF has seen net inflows for 12 consecutive days; an institution is suspected to have purchased more than 100,000 ETH through OTC
The Bitcoin spot ETF had a net inflow of US$378 million in a single day, ending three consecutive days of outflows; an institution is suspected to have purchased more than 100,000 ETH through OTC and now holds nearly 140,000 ETH; the MELANIA project party transferred 150 million tokens and sent 20 million of them to the Wintermute address.
PA日报5 hour ago
Paul Atkins, chairman of the U.S. Securities and Exchange Commission (SEC), said at a Senate Appropriations Committee hearing that the agency will shift to developing cryptocurrency policies through a "notice and comment" process rather than shaping rules through enforcement actions. Atkins said the SEC will use existing authorities to develop "fit-for-purpose standards" for market participants and stressed that "clear rules are critical for investors to prevent fraud."
PA一线5 hour ago
The capital game of Circle, the “first stablecoin stock”: old shareholders cash out, Wall Street enters the market, what should retail investors do?
Four years after Circle went public, it attempted to ring the bell on Nasdaq as the "first stablecoin stock" and will open its first trading day on June 5. Old shareholders can finally cash out a large proportion through the IPO window and obtain several times or even dozens of times the returns; at the same time, Circle also took advantage of the policy to increase the issuance scale and pricing range, attracting endorsements from Wall Street giants such as BlackRock and JPMorgan Chase.
Nancy7 hour ago
Latest News
Wednesday, J 04Events Calendar
J 2025 「J 30」 Nigerian SEC’s new crypto marketing rules take effect
「J 23」 NFT NYC 2025 will be held in New York, USA

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暴走小陈
现在定投还来得及吗?
夏天
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佳佳妈
好 以后这里打卡
落风
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sml2029
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