24/7 Blockchain industry dynamics and breaking crypto news
CME FedWatch data reveals a near-certain market expectation for the Fed to hold rates steady in June, with a 96.4% probability. All eyes are now on the upcoming Nonfarm Payrolls report for clues on future policy. A small uptick in July rate hike odds highlights persistent market uncertainty.
Read MoreBitcoin has experienced a sharp decline, breaking below the crucial $62,000 support level to trade around $61,994. With a 0.83% drop in 24 hours and heightened market volatility, investors are urged to exercise caution and implement robust risk management strategies.
Read MoreTHORChain has postponed ZEC integration following a recently disclosed Zcash security vulnerability. The team must first implement a minor code fix to its Bifrost module. Monero (XMR) remains on track for a late June launch, with ZEC to follow after technical adjustments are complete.
Read MoreCanada has launched a new national AI strategy, "AI for All," committing billions in public funds. It aims to bridge funding gaps for domestic AI firms through a tech growth fund, sovereign computing expansion, and stronger regulations, helping them attract investment and retain talent.
Read MoreBlockchain data reveals that a BlackRock ETF transferred 1,978 BTC and 14,244 ETH to a major exchange. This significant movement of institutional assets is drawing market attention and may signal a strategic shift in crypto holdings.
Read MorePoint72 is reportedly exploring paid access to trading intelligence from rival funds, hiring a specialist to lead the effort. This signals a broader industry shift towards procuring actionable signals, intensifying competition for alpha in a challenging market.
Read MoreHubei Province has inaugurated an Industrial Physics AI Lab in Wuhan. It integrates AI with industrial software, physical mechanisms, and manufacturing data to build computable models for tooling and equipment sectors, merging simulation with AI for lightweight, practical predictive tools.
Read MoreOn-chain data reveals a significant drop in cryptocurrency spot trading activity, with volumes falling to their lowest level since Q4 2023. This suggests a potential market shift from frenzy to a more cautious, consolidating phase.
Read MoreThe UK government's latest analysis indicates domestic oil prices could remain around $100 per barrel until 2028 due to geopolitical tensions and slow supply recovery, highlighting heightened energy market pressures and a deteriorating global economic outlook.
Read MoreDuring SpaceX's high-profile IPO roadshow, users in Mainland China and Hong Kong encountered sudden access restrictions to its official website, displaying Error 1009. Technical analysis suggests proactive geo-blocking, uncommon for multinationals. The move coincides with its record $75B IPO bid and $1.75T valuation, raising significant market attention.
Read MoreDeutsche Bank has raised Robinhood's price target from $88 to $98, citing improved growth prospects and market positioning. This adjustment reflects confidence in the platform's expansion.
Read MoreA noted investment strategist warns that the upcoming wave of massive IPOs, including SpaceX and OpenAI, could redirect hundreds of billions from existing stocks, creating a multi-year drag on the broader U.S. equity market. This impact will unfold gradually as new listing rules delay their inclusion in major indices.
Read MoreHong Kong's official foreign exchange reserves rose to $446.5 billion by the end of May 2026, an increase of $4.4 billion from April. This substantial reserve, equivalent to over five times the currency in circulation, underscores the region's robust financial defenses and economic stability.
Read MoreA long-dormant Bitcoin address holding over 602 BTC has been activated after five years, moving the funds to a major exchange. The transaction, valued at approximately $37.8 million, represents an estimated profit of $30.66 million, sparking discussions about holder behavior and market cycles.
Read MoreRussian Foreign Minister Lavrov commented on the shift in US stance regarding the Ukraine conflict. Citing US official remarks about not being neutral, he noted the former president's past criticism and current policy continuity, highlighting the complexity of US involvement.
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