10 #Bitcoin ETFs inflows 2,586 $BTC(+$247.92M) and 9 #Ethereum ETFs outflows 20,884 $ETH(-$70.69M) yesterday.

June 7 — Alliance co-founder Imran Khan says he’s long been optimistic about the cryptocurrency industry’s long-term prospects. He notes the market previously overestimated how quickly crypto would become the next mainstream computing paradigm; while many had expected crypto to lead the next major platform revolution, that role has largely been taken over by artificial intelligence (AI). Khan points out that over the past decade, massive sums of capital have flowed into crypto, but a large portion of that money went toward overbuilding. Instead of focusing on a few clearly high-impact use cases, the industry tried to revamp multiple areas at once—including finance, social, and governance. The current market pullback and consolidation is a natural correction from the earlier overexpansion, and it doesn’t mean the cryptocurrency industry’s core logic is broken. He argues the crypto sector’s best shot at success isn’t being first to launch killer apps—it’s becoming the global financial

June 7: Glassnode co-founder Rafael announced Bitcoin has retraced roughly 50% from its all-time high. On-chain data shows BTC is currently hovering around a critical support zone formed by its median price ($64.1k) and the 200-week moving average (≈$61.7k). Historically, Bitcoin has spent only about 7% of its trading time below this level. Looking at long-term valuation benchmarks, below the 200-week moving average lie the realized price (≈$54k), CVDD (≈$46.2k), fair value price (≈$40k), and Delta price (≈$35k). Past bear market bottoms have consistently tested these cost ranges before reversing, with CVDD widely considered the most reliable historical bottom indicator. Current model calculations place the $46k–$54k range as a high-probability bottom zone, while the $35k–$40k bracket is an extreme deep surrender zone—seen on less than 3% of trading days historically. However, as the Bitcoin market matures, each cycle’s retracement magnitude is narrowing. Prior bear markets saw peak

June 7 — A senior diplomatic source told Saudi media outlet Hadaf that Pakistan’s interior minister has conveyed a message: the U.S. has agreed to ease sanctions on Iran.

June 7 — Official sources announced today that crypto exchange Bybit has formally launched its on-chain stock IPO subscription product, Bybit IPO Express. In collaboration with xStocks, the platform is introducing tokenized IPO subscription services for SpaceX, making Bybit one of the world’s first centralized exchanges to offer tokenized IPO subscriptions at the primary market’s issuance price stage—further expanding the on-chain stock asset trading ecosystem. For years, global investors have faced steep barriers to accessing high-demand IPOs, including geographic restrictions, broker minimum thresholds, and limited quota limits. Most participants could only enter the market after a company went public, not during the early primary stage. Bybit IPO Express breaks these barriers via xStocks’ compliant tokenization framework, open to eligible Bybit VIP and Pro users. For the first time, non-institutional investors can directly subscribe to IPO shares at the issuance price on Bybit, wit

June 7th – Analyst Rekt Fencer has issued a market alert flagging a rare simultaneous sell-off across multiple asset classes right now. Gold, silver, crypto, bonds, and oil are all falling in lockstep, with the S&P 500 set to be the next domino. The S&P 500’s current vertical surge mirrors the lead-up to Black Monday in 1987. The market remains in an extremely euphoric state, putting it at very high risk of repeating that historical crash. The projected decline path could look like this: 7250 → 6750 → 6250 → 5500, marking a major retracement level. Even though Goldman Sachs has lifted its S&P 500 target to 8,000 points, the widespread bull market consensus is exactly a critical risk signal.

June 7 — Former Goldman Sachs analyst Dom Kwok is sounding a sharp cautionary note ahead of SpaceX’s upcoming initial public offering (IPO), pointing to what he calls a string of “coincidental” shifts in the days leading up to the listing. Kwok flagged three key developments: The U.S. Pattern Day Trading (PDT) rule has been rolled back, scrapping the prior $25,000 minimum account balance requirement for retail traders looking to day trade freely. Fidelity has drastically cut the minimum account threshold to join SpaceX’s IPO, dropping it from $500,000 to just $2,000. And underwriting banks revealed they will allocate up to 30% of SpaceX’s shares (traded under ticker SPCX) to retail investors during the IPO — a massive jump from the usual 5% earmarked for regular retail participation. “This isn’t a coincidence,” Kwok stated unequivocally. “Retail investors are being positioned to provide liquidity for a $2 trillion IPO.” Kwok added he will not be investing in SpaceX right now, opting