Bloomberg Analyst: Silver Rebound May Signal Gold and Risk Asset Pullback
June 8 — Mike McGlone, senior commodity strategist at Bloomberg Intelligence, reports silver once rallied more than 60% in 2026, but as of June 5, all those gains have been erased. In his latest analysis, McGlone highlights that this reversal could not only weigh on silver directly, but also create spillover pressure for gold and broader risk assets.
Per the chart McGlone shared, silver has hit a critical turning point in its recent high range after years of cyclical fluctuations, sharply retracing its year-to-date (YTD) gains. This move aligns with inflation indicators and the overall risk asset cycle. McGlone believes this trend shift signals fading momentum in the "inflation trade" and points to a potential return of deflation, which could put downward pressure on risk assets like stocks.
1 minutes ago
A whale outpaced the good news of SK Hynix to buy the dip, with a $3.8 million long position now significantly profitable.
June 8th — According to Hyperinsight’s monitoring (via https://t.me/HyperInsight), a whale trader on Hyperliquid opened a long position on SKHYNIX with 2x leverage at 7:50 AM today, shortly after news emerged of an upcoming long-term partnership between NVIDIA and SK Hynix. At the time, the market had not yet fully priced in that positive development, so SKHYNIX was hovering around the $1,200 mark.
As the partnership’s bullish momentum continued to build, the whale steadily added to their position as SKHYNIX rallied, eventually growing their total position size to $3.8 million with an average entry price of $1,239. SKHYNIX subsequently spiked to a high of $1,300. As of press time, the address’s unrealized gains stand at $140,000.
Trader Address: 0xa65ce1d604fa901c13aa29f2126a57d9032e412b
1 minutes ago
BlackRock deposited 3,300 BTC and 15,095 ETH into Coinbase.
On June 8, monitoring from Onchain Lens shows BlackRock has deposited 3,300 BTC (valued at roughly $209.22 million) and 15,095 ETH (worth approximately $25.17 million) into Coinbase. Additional asset deposits from BlackRock may occur in the future.
1 minutes ago
Bitget CFD has launched a Zero-Fee mode, supporting free switching between the ECN mode.
On June 8, leading crypto exchange Bitget launched its Zero-Fee Mode for CFD trading, per an official announcement. This new mode lets users trade CFD products with zero trading commissions, while pricing is based on standard spreads.
Traders can switch freely between ECN Mode and Zero-Fee Mode based on their individual preferences. ECN Mode uses a low-spread-plus-commission structure, ideal for short-term, high-frequency traders. Meanwhile, the Zero-Fee Mode features zero commissions paired with standard spreads, making it a better fit for medium-to-long term holding strategies and low-frequency trading.
1 minutes ago
Can USDT Only Be Used for Buying Coins? After Circle's Listing, Stablecoins Are Gradually Entering the Global Asset Allocation Scene
On June 8, stablecoin issuer Circle continues to draw market attention following its public listing, while global regulatory frameworks for stablecoins are taking shape gradually—this has reignited the stablecoin race. Recent shifts have also shined a fresh spotlight on stablecoins’ compliance and infrastructural capabilities, pushing these digital assets to evolve beyond a mere cryptocurrency trading tool into a wider range of financial applications.
Against this backdrop, stablecoins’ utility is expanding rapidly. No longer limited to settling crypto asset transactions, they are increasingly being used for cross-border payments, consumer settlements, and global asset allocation—further cementing the "on-chain dollar" concept. Mainstream stablecoins like USDT, once closely tied to digital asset trading, are now being leveraged by some users to participate in U.S. and Hong Kong stock market activities as well.
BiyaPay currently allows users to directly trade U.S. and Hong Kong stocks
1 minutes ago
Bitunix Analyst: Robust Non-Farm Payrolls Changing Market Pricing, AI Frenzy and Geopolitical Risks Simultaneously Under Pressure Testing
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
1 minutes ago
App Store
Profile
Security
Sign Out
Feeds
Articles
Source
Add to Favorites
Download image
Share x
Copy link
