Bybit removes SpaceX On-Chain IPO Subscription Cap, Opening Participation to All Users

June 8 marked a pivotal day for global markets, as three interconnected risks—geopolitical tension, inflationary pressure, and tightening funding conditions—came to a head. Iran’s missile retaliation against Israeli military actions prompted direct intervention from former President Trump, who’s pushing to restart U.S.-Iran diplomatic talks. Yet Israel’s pledge to target Iran’s energy infrastructure means energy supply risks remain unresolved. Meanwhile, May’s blockbuster U.S. non-farm payrolls data blew past all forecasts, derailing market bets on 2024 interest rate cuts and sharply lifting the odds of a late-year rate hike—sparking a rush to reprice the Fed’s emerging “higher for longer” policy narrative. From policy and fund flow perspectives, the bigger backdrop isn’t rising recession fears—it’s the market finally grasping the Federal Reserve’s precarious tightrope walk. Solid job gains signal ongoing demand strength, but Middle East-related energy price spikes could feed int

June 8 — U.S. spot Bitcoin ETFs logged a $1.72 billion net outflow last week, marking their largest single-week exodus since February 2025. BlackRock’s IBIT, the world’s largest Bitcoin ETF by assets, reported a $1.34 billion outflow in the same period — its biggest weekly drop since launching back in January 2024. The sector has endured consistent net outflows since May, with total outflows hitting $2.43 billion for the month. Andri Fauzan Adziima, research director at Bitrue Institute, attributes last week’s outflows to macroeconomic news, most notably the strong May 2026 U.S. non-farm payrolls report. The labor market’s resilience reduced the probability of near-term Federal Reserve interest rate cuts, driving up U.S. Treasury yields. For investors, yield-bearing bonds have thus become far more appealing than non-yielding Bitcoin. Compounding that, recent geopolitical tensions have stoked broad risk aversion, dragging down not just digital assets but also AI stocks, tech equities,

June 8: Per Hyperinsight’s monitoring, in the past 24 hours, SK Hynix’s contract trading volume on Hyperliquid reached $147 million, ranking as the highest-volume asset only second to U.S. stock indices. Its open interest volume stood at $97.7 million. After SK Hynix (KRX: 000660) closed at 2:30 PM Beijing time, the corresponding contract on Hyperliquid rose 4% during after-hours trading, hitting a high of $1,300 and currently trading at $1,286. Earlier, Korean AI chip stocks faced heavy sell-offs, but after Nvidia and SK Hynix announced a long-term technology partnership, market sentiment improved, leading to a rebound in stock prices. Additionally, HyperInsight Bot is now live. Add @HyperInsightBot to your Telegram community, grant it admin privileges (with message-sending permission enabled), and it will automatically sync on-chain information.

June 8 — According to monitoring by LookOnChain, the newly created wallet address '0x6436' has once again withdrawn 82,089 HYPE tokens (worth $5.16 million) from the exchange over the past two hours. Over the past week, the wallet has cumulatively withdrawn 1.14 million HYPE tokens (valued at $79.22 million) from the exchange and staked the full amount on Hyperliquid.

June 8th. Thomas Braziel, a cryptocurrency bankruptcy creditor, posted on social media, stating that per Isle of Man company registration filings and Cardano’s official website, the predecessor to the Cardano Foundation – the Isle of Man Foundation – was set up during the 2015 ICO. Cardano founder Charles Hoskinson served as a supervisor for the foundation, which received roughly 1,090 Bitcoin (BTC). Now that the foundation was dissolved in December 2025, Braziel is calling for full public disclosure of the BTC’s whereabouts and the foundation’s governance documents. He clarifies he is not currently alleging any misconduct, only requesting greater transparency. As of press time, the Cardano team has not issued a response.

June 8: According to Whale Alert monitoring, Circle issued an additional 250 million USDC on the Solana network at 16:53 Beijing Time. Roughly half an hour later, its total USDC issuance on Solana reached 500 million.