Gate.io Launches INIT Perpetual Contract Pre-trading

June 7: According to HTX market data, ZEC has rebounded past $400, hitting $414.6, and is now trading at $403—marking a 9.4% gain over the past 24 hours. Previously, ZEC fell to $250 after an infinite inflation bug was revealed, and has now bounced roughly 60% from that recent low. Zcash plans to roll out its Ironwood upgrade at the end of July; this update will add a new privacy pool and enhance the overall verifiability of its total supply.

June 7: Crypto Rover’s latest data reveals that since 1950, the S&P 500 has logged 184 instances of a Friday drop of more than 1.5%. Following these Fridays, the index rose only 54% of the time. When Friday’s decline exceeded 3%, the likelihood of a subsequent Monday drop hit 70%. With the S&P 500 falling 2.65% this past Friday, markets are bracing for continued downward pressure at Monday’s opening. Separately, Bitget market data shows U.S. tech stocks suffered sharp losses last Friday: the Dow Jones slipped 1.35%, and the S&P 500 sank 2.65%—its largest single-day tumble since October 2025.

June 7 — Per HTX market data, Bitcoin topped $62,000, with a 2.1% gain in the past 24 hours.

June 7 — Trader 3X Long Labubu stated he is bearish on the near-term outlook for South Korea’s stock market but is positioning to buy the dip once it hits bottom. He plans to use a "sell first, buy later" deleveraging trading strategy. The trader forecast a strong likelihood of a sharp decline in the South Korean KOSPI index on Monday, with the 7050 level as a key focal point. Unless NVIDIA CEO Jensen Huang delivers a clear positive catalyst before South Korea’s market opens, the KOSPI is on track for a severe, dramatic plunge. Currently, South Korea’s market is heavily leveraged, with retail investors often utilizing 5x leverage. Once panic takes hold, a 15-20% single-day drop is highly plausible, which could potentially trigger a circuit breaker. Looking at KOSPI futures and the U.S.-listed EWY (the South Korea ETF), the market has already priced in a large portion of the anticipated decline upfront. The trader also pointed out that the key buy signal after a plunge is a simultaneou

June 7: Analyst @alicharts says Bitcoin typically offers the best risk-reward entry opportunities when its MVRV (Market Value to Realized Value) ratio drops to the 1.0 and 0.8 price levels. Right now, these two key price bands correspond to $53,900 and $43,130, respectively. That indicates a BTC retracement into this range could present a strong entry point.

June 7. Following the release of much stronger-than-expected U.S. non-farm payrolls data on June 5, market pricing has shifted sharply higher for a Federal Reserve interest rate hike this year. Spot gold prices have declined for four consecutive weeks, with Deutsche Bank lowering its gold price target to $4,800 per ounce. The U.S. Dollar Index (DXY) has climbed to just above the 100 level. Non-U.S. currencies have traded largely range-bound against the greenback, with the Japanese yen coming under significant pressure—the USD/JPY pair has repeatedly neared the 160 threshold, rekindling market focus on potential intervention from Japanese authorities. Looking ahead, key inflation data will drive next week’s trading: the June Consumer Price Index (CPI) and Producer Price Index (PPI) reports are set for release on Wednesday and Thursday respectively, and they rank among the most anticipated events on the global macro calendar. Forecasts call for year-over-year gains in both U.S. nominal