Today
2025/06/10

U.S. House Speaker: California Governor Newsom should face "severe punishment"

On June 10, Jin10 reported that, when asked whether California Governor Newsom should be arrested, U.S. House Speaker Johnson stated that it is not his responsibility. He said, "I won't analyze from a legal perspective whether Newsom should be arrested, but I will say that he should be tarred and feathered." The punishment Johnson mentioned is a form of extrajudicial punishment from ancient Europe, where the condemned person is covered in hot tar and then covered with feathers, serving as a severe punishment and humiliation.
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Financial service company Guggenheim launched tokenization of commercial paper on the XRP Ledger

Financial services firm Guggenheim Treasury Services announced the launch of digital commercial paper (DCP) on Ripple's XRP Ledger, providing institutional investors with access to short-term debt instruments through a decentralized financial network, Golden Finance reported. The product, which is backed by U.S. Treasuries, will take advantage of the XRP Ledger's round-the-clock trading, fast settlement, and low-cost trading. As part of the partnership, Ripple will invest $10 million in the DCP project.
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Analysis: Long-term holders hold 14.46 million BTC, and the market is full of confidence in future rise.

According to Glassnode's tracking, the supply of Bitcoin for long-term holders (LTH) has soared to a record 14.46 million BTC, indicating confidence in the price increase. Long-term holders currently account for about 73% of Bitcoin's circulating supply (19.88 million BTC), demonstrating its dominance in the market. The concentration of Bitcoin's long-term holdings indicates that its price has the potential to rise further.
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OpenAI: The source of some service outages has been confirmed, and remediation is being fast-tracked

PANews June 10 news, according to the OpenAI official status page, the current ChatGPT and API services are experiencing latency and a higher error rate, which is classified as a "partial outage" status. OpenAI's 22:16 announcement said that the engineering team has identified the root cause of the problem and is working quickly to fix it. The incident affected 21 components of ChatGPT, 14 components of the API, and 4 components of Sora.
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Fitch: Global public finances will continue to face pressure in 2025.

Jin10 reported on June 10 that Fitch stated that global public finances will continue to face pressure in 2025 due to reasons including increased defense spending, rising Interest costs, demographic trends, sluggish growth, and social pressures, especially in developed markets. It is expected that the median government debt as a percentage of GDP will rise slightly from 54.1% at the end of 2024 to 54.5% at the end of 2025. Given the conflicts in Ukraine and the Middle East, trade tensions, social discontent, and the turbulence of U.S. foreign policy, geopolitical risks remain high.
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Fitch: The depreciation of the US dollar provides room for some emerging market central banks to accelerate interest rate cuts

On June 10, Fitch said that the price of Brent crude oil fell from $79.5 per barrel in 2024 to $65 per barrel in 2025, which will increase the economic and fiscal pressure on major oil exporters. U.S. cuts in international aid have also increased risks for some emerging markets. In contrast, the depreciation of the dollar has eased the burden on emerging markets holding dollar debt and provided room for some emerging market central banks to cut interest rates faster.
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Fitch: Rising trade tariffs and policy uncertainty will weaken the global rise outlook.

On June 10, Fitch said that rising trade tariffs and policy uncertainty will weaken global growth prospects and increase the risk of tighter financial conditions. Public finances and political risks remain elevated. The escalation of the global trade war, the uncertainty of the end point of tariffs and their impact on global trade volumes, supply chains, investment and international relations constitute significant negative shocks to the global economy. Uncertainty about the extent and timing of the impact on prices and economic activity further exacerbates uncertainty about the Fed's policy rate path and the risk of volatile financing conditions.
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Hyperliquid launches RESOLV contracts, supporting up to 3x leverage.

PANews reported on June 10 that the Hyperliquid platform announced that it now supports long or short trading on $RESOLV, with up to 3 times leverage.
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RFF coin price prediction and trading guide

Introduction Explore the world of the new cryptocurrency RFF! From its unique characteristics to trading strategies, mining opportunities, and secure storage, this article will provide a comprehensive analysis of this revolutionary digital asset. Whether you are a beginner or an expert, you will find valuable insights in the realm of RFF. Are you ready to unveil the mystery of RFF and embark on your journey to digital wealth? RFF Coin: The Rise of Revolutionary Digital Assets RFF coin, short for RedFox Finance, is an innovative cryptocurrency that launched on March 6, 2021. As a new force in blockchain technology, RFF coin has attracted the attention of numerous investors and tech enthusiasts with its unique characteristics and application scenarios. The total supply of RFF coin is 7.3 million, with a maximum supply of 10 million. This limited supply design aims to maintain the stability and scarcity of the coin's value. Since joining CoinMarket
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American Bitcoin, a U.S. miner, holds 215 bitcoins

According to Cointelegraph, American Bitcoin, a mining company backed by the Trump family, has held a total of 215 bitcoins with a total value of more than $23 million since its inception in April 2024, according to Cointelegraph. Documents show that American Bitcoin positions Bitcoin as a long-term asset and plans to continue increasing its holdings. The company has not set specific reserve targets but dynamically assesses financing needs based on market conditions to determine the scale of reserves.
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He Yi responded to Forbes' latest wealth list: Have you considered Jensen Huang, who transcends the speed of light?

Odaily News He Yi shared a screenshot of Forbes' latest wealth rankings on the X platform and stated: "fren, have you noticed Jensen Huang, who surpasses the speed of light? Congratulations to Boss Huang."
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Sources: OpenAI has reached a new cloud service protocol with Google to obtain more computing resources.

According to sources, OpenAI has reached a new cloud service agreement with Google to obtain more computing resources. (Golden Ten)
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BTC_USDT fall below 109000 USDT

According to Gate News bot, the market shows that the BTC_USDT price has fallen below 109000 USDT, with the current price at 108988.4 USDT.
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Data: US stocks related to Quantum Computing surged in early trading, with a rise of over 17%.

According to ChainCatcher's message and market data, U.S. stocks related to Quantum Computing surged at the beginning of trading, including: Quantum Computing surged over 17%; IonQ rose more than 8%; Rigetti Computing rose over 5%.
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The American Bitcoin supported by the Trump family has accumulated 215 Bitcoins since its launch.

Odaily News Trump family-backed Bitcoin mining company American Bitcoin has accumulated 215 Bitcoins since its launch in April, with this reserve currently valued at over $23 million, which was previously undisclosed. (Cointelegraph)
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Trump: California governor and Los Angeles mayor 'incompetent'

On June 10, local time, U.S. President Trump posted on social media that if he hadn't "sent" troops to Los Angeles in the past three nights, the city would "have been razed to the ground now," just as 25,000 homes were burned down due to the "incompetence" of governors and mayors. Mr. Trump said there was chaos right now, and that it would continue for a long time. (CCTV News)
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Gate Simple Earn open interest突破20亿美元

BlockBeats news, on June 10, according to official data, Gate Simple Earn open interest has exceeded 2 billion USD, currently reported at 2.083 billion USD. The estimated annualized Intrerest Rate reaches 7.99%. Users can use Simple Earn to flexibly deposit and withdraw idle assets, earning investment income by subscribing to flexible or fixed-term products.
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The China-U.S. economic and trade consultations continued after lunch.

Golden Finance reported that on June 10 local time, the first meeting of the China-US economic and trade consultation mechanism entered its second day. The meeting started in the morning and continued after lunch. (Yu Yuan Tan Tian)
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Data: US stock crypto assets concept stocks strengthen before the market, SharpLink Gaming rises more than 12%.

ChainCatcher News, according to market data, U.S. cryptocurrency concept stocks strengthened pre-market, including: Circle price increase of 1.26%; SharpLink Gaming increased by 12.5%; BTCS increase of 6.88%; The ninth city increased by 5.98%; Jia Nan Technology increased by 7.43%.
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Whale profits 7.3 million USD by trading ETH through OTC.

Gate News bot, according to Lookonchain data monitoring, a whale investor completed a large transaction during the rise in ETH prices. The investor bought 30,000 ETH through an over-the-counter (OTC) 2 weeks ago, with a transaction value of about $75.39 million. In the last 30 minutes, the investor sold the batch of ETH again through over-the-counter trading, with a transaction value of about $82.76 million, and the transaction brought him $7.3 million. Source: Wu said.
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Data: A Whale sold over 30,000 SOL and bought 1,866 ETH.

According to ChainCatcher news, the on-chain analysis platform Lookonchain (@lookonchain) monitored that a certain whale address GybhvU sold 31,968 SOL two hours ago, valued at approximately 5.16 million USD, and then bought 1,866 ETH, also valued at about 5.16 million USD.
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Linear completed a $82 million Series C financing at a valuation of $1.25 billion, led by Accel.

Odaily News Linear announced on the X platform that it has completed a $82 million Series C financing with a valuation of $1.25 billion, led by Accel.
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Trader Eugene: Stop losses should not be strictly enforced, as the immense power of Ethereum is becoming apparent.

BlockBeats News, on June 10, top trader Eugene Ng Ah Sio posted on his personal channel, "Maybe I shouldn't have been so strict with my stop loss before, Ethereum's huge power is emerging." Previously, on June 6, Eugene said that "I am currently long Ethereum, and the stop loss is set at this morning's lower shadow low of $2380 (which is also a retest at the bottom of the medium-term time frame range), and the technical structure is clear." The long order finally triggered the stop loss and failed to hold the position so far.
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Brazil's inflation unexpectedly cools, traders lower interest rate cut expectations

On June 10, the annual inflation rate in Brazil fell more than expected in May, breaking a three-month rising trend before central bank officials met to decide whether to continue the aggressive interest rate hike cycle. Official data released on Tuesday showed that consumer prices rose 5.32 percent year-on-year, compared with the survey's median forecast of 5.39 percent. The monthly inflation rate was 0.26%. The January 2027 interest rate swap contract, a gauge of market expectations for monetary policy, fell more than 11 basis points in early trading after inflation slowed more than expected. Investors have also lowered their expectations for another rate hike at next week's meeting.
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Analyst: The consolidation and recent trades have provided little clue about the next move in gold prices.

Gold futures prices rose on June 10, but prices were still fluctuating in a narrow range due to the lack of catalysts. David Morrison, senior market analyst at Trade Nation, said in a note that gold prices continue to consolidate after a long bull run. Excluding the brief volatility in mid-April, the gold price has been roughly in the range of US$3,200-US$3,400 per ounce over the past two months. Gold prices retreated to neutral levels from the overbought levels in April. However, Morrison said the consolidation and recent trading have provided little clue as to where gold prices will move next.
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Trump: The governor of California is very incompetent. Deploying troops is to save Los Angeles.

On June 10, U.S. President Trump said on social media that if I hadn't "sent troops" to Los Angeles in the past three nights, the once beautiful and great city might have been burned down by now, just like the 25,000 houses in Los Angeles that burned down due to an incompetent governor and mayor — by the way, the more complex, time-consuming and rigorous federal approval process for these houses has been largely completed, while the simple and easy city-state approval has been messed up and seriously behind schedule! (Trump's remarks alluding to the governance controversy over homelessness caused by California's recent wildfires) are a complete mess, and they will continue to do so for a long time. People want to rebuild their homes, call your incompetent governors and mayors, the federal approval is complete!
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BiyaPay analysts: Bubble Mart Hong Kong stocks have soared 30 times in 3 years, and the currency circle has plummeted by 91.66% by relying on LABUBU to issue coins

BlockBeats News, on June 10, Bubble Mart Hong Kong stocks soared by more than 30 times in three years, becoming a popular target in the capital market. However, the trendy toy "LABUBU" IP under Bubble Mart has been "copycated" by the currency circle and harvested speculators. THE "LABUBU COIN", WHICH WAS LAUNCHED ON MAY 29, SKYROCKETED DUE TO IP POPULARITY, BUT PLUMMETED BY 91.66% IN JUST A FEW DAYS. This Memecoin is not an official release, but is led by an anonymous community team, lacking fundamentals and practical support, typical of "emotion-driven" hype. The industry pointed out that this type of currency has no substantial commercial value under the guise of popular IP, and the circulation mechanism is not transparent. Ordinary investors tend to buy at a high level amid FOMO sentiment and become the "last to take the baton". BiyaPa
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The FTSE 100 index in the UK is expected to set a new closing high.

On June 10, the British FTSE 100 index is expected to close at a record level. After data showed a rise in unemployment and a decline in wage growth, investors hoped that the Bank of England would continue to cut interest rates. The index hit an intraday high of 8,879.64 points and closed at the third-highest level on record on Monday.
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MicroStrategy has recorded over $8.4 billion in Bitcoin gains this year.

PANews June 10 news, Michael Saylor posted on the X platform that as of 2025, MicroStrategy ($MSTR) has accumulated a total of 76,663 Bitcoins, valued at approximately $8.4 billion at current prices.
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Michael Saylor: MSTR has achieved BTC gains of 76,663 coins this year, worth 8.4 billion USD.

Odaily News Michael Saylor posted on the X platform that so far this year, MSTR's BTC earnings have reached 76,663 coins, worth 8.4 billion dollars.
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Jiafa Education: Shareholder Chen Daqiang plans to reduce his holdings by no more than 3.00% of the company's shares.

On June 10, Jiafa Education announced that shareholder Chen Daqiang plans to reduce his holdings of the company's shares by centralized bidding or block trading 11985437 within three months after 15 trading days from the date of disclosure of the announcement, accounting for 3.00% of the company's total share capital. The reason for the reduction is personal capital needs, and the source of the reduction of shares is the company's shares before the initial public offering and the shares obtained by converting capital reserve into share capital after that.
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A certain Whale/institution previously purchased 114,300 AAVE and has realized over 40 million USD in unrealized gains due to today's big pump in price.

Odaily News According to on-chain analyst Yu Jin's monitoring, a certain Whale/institution spent $30 million through Wintermute OTC to purchase 114,300 $AAVE at a price of $262. With AAVE's surge today, the value of AAVE they hold has reached $86.48 million, with an unrealized gain of $40.68 million: They have been continuously accumulating AAVE since March 2023, currently spending a total of $45.8 million to accumulate 280,600 AAVE, with an average price of $163.2.
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JPMorgan: Survey shows that the net long positions in U.S. Treasuries reached a new high since May 5.

Golden Ten Data on June 10, JPMorgan Chase's U.S. Treasury customer survey showed that as of the week of June 9, the proportion of shorts fell by 2 percentage points, and the proportion of longs remained unchanged. All customer surveys showed that net longs were at their highest level since May 5.
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Data: The cumulative trading volume of the US Spot Bitcoin ETF is about to exceed 1 trillion USD.

Odaily News The Bitcoin Spot exchange-traded fund (ETF) in the United States has approached a total trading volume of nearly $1 trillion in less than 18 months since its debut in January 2024. The data shows that spot Bitcoin ETFs reached $100 billion in trading volume in March 2024 and $200 billion in April 2024, when the price of Bitcoin rose to an all-time high of nearly $74,000. However, after the crypto market entered a cooling phase, the volume movement slowed slightly, and over the next seven months, the Bitcoin price consolidated between $50,000 and $70,000. As of June 9, the cumulative trading volume of Bitcoin ETFs has reached $995.2 billion, and the price of Bitcoin is once again approaching its latest all-time high11
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Web3 security company Hypernative completes $40 million Series B funding.

According to Axios, Hypernative, a security company focused on the Web3 space, recently closed a $40 million Series B funding round. The round was co-led by Ten Eleven Ventures and Ballistic Ventures, with participation from StepStone Group, Boldstart Ventures, IBI Tech Fund and others. Notably, Hypernative just closed a $16 million Series A funding round in September 2024.
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Analysis: Multiple favourable information drives ETH market, rise is expected to continue

Odaily Planet Daily News Today's Ethereum price rose sharply, trading close to $2,800, the analysis believes that today's ETH price rise is mainly driven by the following factors: First, the technical side continues to exert force, and the daily chart confirms the bullish continuation pattern "bull flag", which has the potential to continue to rise after breaking through the upper edge of the flag; Second, the open interest of Ethereum futures (Open Interest) has reached a new high, with data showing that large investors are actively deploying, and the current total positions of mainstream trading platforms have reached about $37.3 billion, with more capital flows; Third, spot ETH ETF funds continued to flow in, with a net inflow of about $394 million in the past 8 days, of which the BlackRock ETHA fund contributed about $288 million. (Cointelegraph)
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Reuters survey: More than 60% of economists predict that the Federal Reserve (FED) will cut interest rates at least twice this year.

Jin10 data June 10 news, according to a Reuters survey: Among 105 economists, 59 believe that the Federal Reserve (FED) will resume interest rate cuts in the next quarter (possibly in September), with more than 60% of economists predicting that the Federal Reserve (FED) will cut interest rates at least twice this year; surveyed economists expect the U.S. economy to rise 1.4% in 2025 and 1.5% in 2026 (the same as the May forecast).
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Whale accurately lays out UNI again, with unrealized gains of 1.35 million dollars, and a take profit operation may reappear at the 2021 high point.

PANews June 10 news, according to Ai Yi, a Whale who has accumulated unrealized gains of $21.54 million through swing trading since September 2020, has built a position at $5.99 on May 21, and has currently achieved a 34% return as UNI has broken through $8, with unrealized gains reaching $1.35 million. The market is following whether it will replicate its take profit operation at UNI's historical high in 2021.
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A mysterious whale goes long on BTC with 20x leverage, with holdings exceeding $300 million and unrealized gains of $4.6 million.

PANews June 10 news, according to Onchain Lens, a mysterious Whale continues to increase its 20x leveraged Bitcoin long positions, with a total position value exceeding $300 million and unrealized gains reaching $4.6 million. The specific holdings are 2817.58 BTC, with an entry price of $108,100 and a liquidation price of $105,780.
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Gate will launch MEET48 Token (IDOL) spot trading.

PANews June 10th news, according to the official announcement, Gate will launch MEET48 Token (IDOL) Spot trading on June 11th at 20:00 (UTC+8).
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The price of H acid has reached a new high in nearly three years! Jinjiji Co., Ltd. has started trial production, and the company responds.

On June 10, Jinji shares disclosed major progress on the interactive platform: the company's fund-raising investment projects include H acid products, with a production capacity of 8,000 tons / year. In this regard, the reporter called Jinji shares as an investor, and the wiring staff said that the H acid products of the project are still in the trial production stage, and have not yet been officially put into production, and the timetable for formal production is uncertain. However, the future production capacity of the project is mainly for the company's own use, which is expected to reduce the company's costs, and if there is a surplus in the follow-up production capacity, it may be sold to the outside world. Future expansions will depend on the situation.
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Analyst: ETH resistance level has been broken, expected to hit 2920 USD

Odaily News Encryption analyst Ali (@alicharts) posted on the X platform that the ETH resistance level has been broken, and the next stage may reach 2820 dollars, and there is even hope to challenge 2920 dollars.
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Blackstone Group plans to invest $500 billion in Europe over the next decade.

On June 10, Blackstone Group (BX.N) CEO Schwarzman said that Blackstone Group has "abundant funds" and plans to invest $500 billion in Europe in the next decade. Schwarzman expects policy changes to boost Europe's economic growth rate. Blackstone will also begin investing in the Middle East. Regarding the tariff situation, Schwarzman said that the tariff situation will be resolved in six to nine months, and the impact of tariffs on inflation and economic growth will be modest.
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Huang Licheng has begun to gradually take profit on the long HYPE position, with unrealized gains of 6.5 million dollars.

Golden Finance reports that according to Yu Jin's monitoring, Brother Ma Ji, Huang Li Cheng, has started to gradually take profit on his long HYPE position. He currently has unrealized gains of 6.5 million USD on HYPE. In May, he purchased 200,000 HYPE Spot at a price of 29.4 USD, and then went long on 650,000 HYPE contracts with 5x leverage, with an average entry price of 35.6 USD. As the HYPE price rises above $40, he begins to gradually close his HYPE go long take profit. He currently still holds 440,000 HYPE go long and 200,000 HYPE Spot.
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ETH_USDT broke through 2750 USDT

Gate News bot reports that according to Gate market data, the ETH_USDT price has surpassed 2750 USDT, currently priced at 2750.95 USDT.
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Huang Licheng has $6.5 million in unrealized gains on his HYPE Long Position and has begun to gradually take profit.

PANews reported on June 10 that according to Ember, as the price of HYPE exceeded $40, Huang Licheng (@machibigbrother) has begun to take profit in batches of his HYPE long positions. He bought 200,000 HYPE spot at $29.4 in May, and then went long 650,000 HYPE at an average price of $35.6 with 5x leverage. At present, it still holds 440,000 long positions and 200,000 spot positions, and the floating profit has reached 6.5 million US dollars.
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Founder Technology: Plans to issue A-shares to raise no more than 1.98 billion yuan.

Golden Ten Data on June 10, Founder Technology announced that the company intends to issue A-share shares to specific objects, and the total amount of funds raised this time will not exceed 1.98 billion yuan, and the funds raised after deducting the issuance costs will be used for artificial intelligence and computing power high-density interconnection circuit board industry base projects. The number of shares to be issued this time does not exceed 1.251 billion shares, and the issuance targets are no more than 35 specific investors, including the controlling shareholder Huanxin Fangke. Among them, Huanxin Fangke promises to participate in the subscription in cash, and the subscription amount shall not exceed 23.50% of the actual issuance amount of this offering, and the subscription amount shall not exceed RMB 465 million. The pricing benchmark date of this offering is the first day of the issuance period, and the issuance price is not less than 80% of the average trading price of the company's shares in the 20 trading days before the pricing benchmark date.
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In the past 48 hours, whales have purchased over 120 million ADA.

According to a report from Jinse Finance, on-chain analyst @alicharts has monitored that in the past 48 hours, whales have purchased over 120 million ADA.
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A school shooting occurred in Austria, resulting in at least 10 deaths.

Jin10 data reported on June 10th, local time June 10th, a serious shooting incident occurred at a school in Graz, Austria, resulting in 10 people dead, including the shooter, and several others injured. The police and government are conducting a comprehensive investigation.
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