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OKX's "Flash Farming" product will launch PROS (Pharos), with 1,800,000 PROS rewards to be distributed.

2 hours ago

June 4 — According to official sources, OKX’s “Flash Earn” product will launch PROS (Pharos) for its subscription event running from 15:00 UTC+8 on June 5, 2026, through 15:00 UTC+8 on June 11, 2026. During the event, users can subscribe by staking OKB, BTC, OKSOL, ETH, or PROS, and will split 1.8 million PROS in airdrop rewards. The event supports participation with multiple cryptocurrencies, and users can access the event page via the Earn & Rewards section in the top-left corner of the OKX app. Additionally, OKX will upgrade its Flash Earn user level system starting in July 2026. The new system will base user levels on either 30-day average net asset value or 30-day trading volume, to set subscription quotas that better align with how actively users engage with the platform.
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The initial jobless claims in the United States for the week ending on May 30th were 225,000, compared to the expected 213,000.

U.S. initial jobless claims for the week ending May 30 hit 225,000 on June 4, exceeding the 213,000 consensus estimate. The prior week’s figure was revised down from 215,000 to 212,000, FXStreet reported.

4 minutes ago

Whale Buy-the-Dip Strategy: "7 Siblings" Borrow $58 million from Spark to Purchase 32,919.2 ETH

On June 4, per on-chain analyst Wu Jinyu’s monitoring, the bottom-fishing whale dubbed “7 Siblings” raised a total of $58 million in borrowings from Spark that day to buy 32,919.2 ETH at an average price of $1,762.

4 minutes ago

Bitwise Advisor: Bitcoin Sold Off Not Due to Strategy, but Capital Rotation to Popular Targets such as SpaceX, Anthropic

On June 4, Bitwise advisor Jeff Park announced via social media that he does not attribute Bitcoin’s recent sell-off to MicroStrategy’s Bitcoin sale. Park holds that Bitcoin was more likely used to fund upcoming hot market trades—such as investments in SpaceX, Anthropic, and other assets investors have suddenly labeled "must-hold" picks. He added that this breakdown of future relevance itself will become new fuel for Bitcoin’s trajectory.

4 minutes ago

Bitget launches BB, SMR, and SITM Stock Contracts, supporting up to 20x leverage

On June 4, Bitget released an official announcement stating that its stock contracts have opened for trading three new underlying assets: SMR (NuScale Power Corporation), SITM (SiTime Corporation), and BB (BlackBerry Limited). The newly launched contracts cover hot growth areas including nuclear technology, high-performance chips, and smart security, with leverage of up to 20x available. For more details, please refer to Bitget’s official platform.

4 minutes ago

Blackstone's Private Credit Fund Sets Investor Redemption Limit at 5%

June 4. Per market sources, a private credit fund owned by Blackstone Group has capped investor redemptions at 5%. (Financial News)

4 minutes ago

「Stock Market Oracle」 Serenity: Today's US Stock Market Pullback is a Normal Adjustment, Overall Long-Term Trend Remains Unchanged

On June 4, in response to today’s broad-based pullback in the U.S. stock market, so-called "Stock God" Serenity commented that he views this as a standard market-wide correction, noting the market’s long-term trend remains fully intact. Serenity further stated: "In my estimation, this is a comprehensive, normal pullback. The overall long-term direction of the market stays unchanged."

4 minutes ago

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