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The probability of the U.S. economy entering a recession within the year on Kalshi has decreased to 28%.

2 days ago

On June 4th, according to Kalshi data, the probability predicted by the platform that the U.S. economy will enter a recession within the year has fallen to 28%, which is a significant decline from 70% a month ago.
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WLFI Advisor Responds to "Shorting TRUMP": WLFI is not affiliated with TRUMP, and it is natural to hedge during uncertain times

On June 6th, the WLFI advisor Ogle (@cryptogle) responded to the "short TRUMP" on social media and stated, "How come people still fail to understand that the TRUMP meme coin project is distinct from the WLFI project? In any case, during uncertain times, one has to take hedging measures." It was previously reported by BlockBeats that about 6 hours ago, the WLFI advisor Ogle (@cryptogle) deposited 1 million USDC into Hyperliquid and went short on TRUMP with a 10x leverage.

4 minutes ago

A whale address staked 61,838 SOL 7 hours ago.

On June 6th, as monitored by OnChainLens, a whale address staked 61,838 SOL tokens 7 hours ago. The value of these staked tokens amounts to $8.88 million.

4 minutes ago

Hong Kong: Stablecoin Regulation to Take Effect on August 1, 2025

On June 6th, the Hong Kong SAR Government (on June 6th) published in the Gazette the "Stablecoin Regulation (Commencement) Notice", designating August 1, 2025 as the start date of the "Stablecoin Regulation" (Chapter 656) ("Regulation"). Financial Secretary and Secretary for Financial Services and the Treasury Christopher Hui stated: "After the Regulation takes effect, the licensing regime will offer appropriate regulation for relevant stablecoin activities, marking a milestone in promoting the sustainable development of Hong Kong's stablecoin and digital asset ecosystem." (ForexLive)

4 minutes ago

Trump Responds to Musk Feud Incident, Aides Have Scheduled a Call Between the Two

On June 6th, according to the U.S. political news outlet Politico, on Thursday, when asked about his public dispute with Tesla CEO Musk, U.S. President Trump said, "Oh, it's all good." He further added, "The progress is going extremely well; it has never been in a better state." White House aides have arranged a call with Musk for Friday in an attempt to facilitate reconciliation. (Golden Finance)

4 minutes ago

A dormant whale address, inactive for 3 years, deposited 100.4 billion SHIB into Binance 6 hours ago.

On June 6th, as monitored by LookOnChain, a whale address beginning with 0x6E45, which had been dormant for 3 years, deposited 100.45 trillion SHIB into Binance 6 hours ago. This is equivalent to about $1.21 million, with a profit of approximately $311,000 (peaking at a profit of over $2.7 million).

4 minutes ago

James Wynn: Unwilling to come back empty-handed, decided to sweep the old wallet for small balance assets and make a fresh start

On June 6th, James Wynn made a post on social media, indicating that in the coming days, he will be scraping some small assets from old wallets to determine what usable assets he can discover. Otherwise, he will return empty-handed. BlockBeats had previously reported that earlier today, James Wynn posted a confession, acknowledging that he realizes he has lost control and is essentially engaging in gambling. He desires to recover his losses and is afraid of being ridiculed for "not being able to hold on to 1 billion earned," thus digging himself into a deeper hole.

4 minutes ago

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