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Powell did not comment on monetary policy and the economic outlook in his prepared remarks

2 days ago

On June 3rd, Federal Reserve Chair Powell did not offer any comments on monetary policy and economic outlook in a pre-written speech.
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Bitget has launched U-based PORT3 and LA perpetual contracts

On June 4th, as per an official announcement, Bitget has declared the listing of U-Denominated PORT3 and LA Perpetual Contracts. At the same time, contract trading BOT will also be made available.

2 minutes ago

Belridge ETHA has accumulated an additional 214,000 ETH during the recent Ethereum consolidation phase.

On June 4th, LookOnChain posted on social media today. The data shows that since May 11th, BlackRock's Ethereum spot ETF ETHA has added an additional 214,000 ETH, which is approximately worth $560 million. During this period, the price of ETH has been consolidating within the range of $2,500 to $2,700.

2 minutes ago

U.S. Stock Market's Big Three Indexes Open Slightly Higher, Cryptocurrency Stocks Experience Slight Decline

On June 4th, when the U.S. stock market opened, the three major indexes opened with a slight increase. Crypto stocks experienced a slight decline. These included: MicroStrategy (MSTR) with a decrease of 0.95%; MARA Holdings (MARA) with a decrease of 1.08%; Riot Blockchain (RIOT) with a decrease of 1%.

2 minutes ago

Circle's IPO Oversubscribed Over 25 Times

On June 4th, according to Bloomberg, the IPO of USDC issuer Circle was oversubscribed by more than 25 times.

2 minutes ago

BounceBit announces support for the stablecoin USD1 issued by WLFI

On June 4th, BounceBit officially made an announcement. The institutional-grade stablecoin USD1 issued by WLFI is now supported on BounceBit. The official statement pointed out that with this integration, USD1 has become a supported asset within the BounceBit CeDeFi portal. Users can directly deploy USD1 to the "Auto" strategy. This strategy channels funds to both centralized and decentralized platforms, providing a secure and Delta-neutral yield opportunity.

2 minutes ago

Cryptocurrency Exchange Platform Rails Raises $14 Million in Funding with Participation from Kraken

On June 4th, as per Coindesk, the cryptocurrency exchange platform Rails has successfully concluded a financing round amounting to $14 million. This particular financing round was spearheaded by Kraken, Slow Ventures, CMCC Global, Quantstamp, and Round13 Capital. The obtained funds will be allocated towards the launch of a trading platform that integrates self-custody with high-speed execution.

2 minutes ago