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Bitcoin Surges Above $63,000

2 hours ago

On June 5, per HTX market data, Bitcoin has rebounded above $63,000, currently trading at $63,070, down 0.84% over the past 24 hours.
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Upbit will list Babylon (BABY)

Per an official announcement, Upbit will list the Babylon (BABY) trading pair against the Korean Won on June 5th.

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Iran has informed Pakistan that it is willing to transfer part of its uranium stockpile to a third country agreed upon by both parties.

June 5: According to Saudi Arabia’s Al Arabiya TV, Iran has told Pakistan it is willing to transfer part of its uranium stockpile to a third country agreed to by both parties. (FXStreet)

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「Stock Market Oracle」 Serenity Reviews RPI's Singularity Event: Stock Price Surges 247% Post AI Long Position as Performance Beats Expectations

June 5: The investor known as "Stock God" Serenity shared an update on their RPI investment case, noting that since releasing their investment thesis, RPI’s stock price has jumped from 283 British pence (GBX, the UK stock market’s trading unit) to 983 pence—an impressive 247% cumulative gain. Serenity pointed out that RPI’s latest performance guidance signals core earnings will handily beat market forecasts, fueled by surging demand for AI-related products and services. Although European media dubbed RPI a "fundamentally unsupported meme stock" back in February, Serenity stressed the stock’s rally isn’t just a sentiment-driven trend; it’s built on actual AI-powered revenue growth and improved financial performance.

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JPMorgan Chase: Raises Qualcomm Price Target from $160 to $265

On June 5, JPMorgan Chase announced it’s hiking its price target for Qualcomm (QCOM.O) from $160 to $265. Per Bitget market data, Qualcomm’s pre-market trading price is down 2.05% to $237.6.

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Securities and Futures Commission (SFC) and Hong Kong Monetary Authority (HKMA) Issue Joint Consultation Conclusions on Amendments to OTC Derivatives Transaction Rules under the Clearing Rules

June 5 – The Hong Kong Securities and Futures Commission (SFC) and the Hong Kong Monetary Authority (HKMA) have released the joint outcome of their consultation on amending over-the-counter (OTC) derivative trading provisions under the Settlement Rules. Given the widespread market support garnered during the consultation, the two regulators will move forward with legislative steps to formalize these proposed amendments into the Settlement Rules, and plan to implement the revised rules starting March 1, 2027 – the proposed effective start date for a new calculation period.

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An Ethereum Whale HODLer of 3 Years Adds 17,826 ETH to Their Position through a Yield Farming Loan, with an Average Price of $1,683

On June 5, Onchain Lens monitoring flagged that a whale holding 38,554 ETH (worth roughly $64.28 million) reactivated after three years of dormancy. The whale deposited 20,000 ETH (about $33.28 million) as collateral into Aave V3, then borrowed 30 million USDT. Next, the whale used leverage to purchase 17,826 ETH at an average price of $1,683, bringing their total ETH holdings to 56,380 tokens (valued at approximately $94.04 million).

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