Arthur Hayes: I bet that Bitcoin will surpass $110,000 before retracing to $76,500

June 9 — Spanish La Liga soccer club Osasuna hedged its financial risk of being relegated from the top-flight league using the Kalshi prediction market, according to a report from Protos. Osasuna purchased a €1.2 million (roughly $1.4 million) policy tied to Kalshi’s platform, and the club confirmed this week it had bought a "relegation insurance" product from broker Howden. The contract would pay out €6 million (about $6.9 million) if Osasuna were sent to Spain’s second division, to help offset financial losses from the drop. Documents from Howden and La Liga confirm these types of risk-mitigation policies are common for pro sports clubs and organizations to cover business-related contingencies. Earlier, Semafor reported an unnamed Spanish soccer club had placed a multimillion-dollar bet via Kalshi to guard against relegation-related financial hits. In the final match of the season, Osasuna lost 1-0, but secured its La Liga spot thanks to a better goal differential. As a result, the

June 9 — Upbit announced it will list CTR trading pairs against BTC and USDT, per an official statement.

June 9: Citrini Research — the organization behind the "AI Doomsday Report" — has named decentralized perpetual contract trading platform Hyperliquid and its native HYPE token a new "attractive" investment target. In its report, Citrini stated: "Unlike most narrative-driven assets in the crypto market, including Bitcoin, HYPE generates real cash flow and even includes a built-in buyback mechanism." Hyperliquid generated roughly $10.6 billion in annualized revenue, with approximately $220 billion in perpetual contract trading volume over the most recent 30 days, per the research. Over 90% of the platform’s revenue is transferred to its Assistance Fund, which is systematically deployed to purchase HYPE on open markets. Since launching in January 2025, the Assistance Fund has accumulated more than $2 billion in HYPE buys — accounting for about half of all token buyback activity across the crypto industry last year. Hyperliquid has emerged as a leading name in decentralized perpetual con

June 9: Onchain Lens detected that a newly created wallet deposited 1.19 million USDC into HyperLiquid and opened long positions totaling $19.8 million: 11,475 ETH at 20x leverage and 11,225 HYPE at 10x leverage.

June 9: Humanity Protocol founder Terence Kwok announced on X that the team has detected a security incident involving the leak of a private key belonging to a Humanity Foundation member. The team is advising users to avoid interacting with the project’s bridging contracts or any liquidity pools until the security issue is fully confirmed. To resolve the problem, the team is working with security experts and exchange partners, and will continue updating the community on progress. This comes after a prior attack on Humanity Protocol that resulted in losses exceeding $31 million. As a result, the project’s native token (H) briefly fell below $0.051, and is currently trading at $0.0673—representing a more than 90% drop in value over the past 24 hours.

June 9: According to Bitget market data, South Korea’s KOSPI index gained 3.7% intraday, now trading at 7762.14 points. SK Hynix is currently up by 8.11%, while Samsung Electronics is rising 4.06%.