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According to monitoring by Catcher Predict, in the Polymarket event "French Open Women's Singles: Maya Hawrylinska vs. Mira Andrejeva," the sub-market "Match Completion" option "Yes" has experienced a dramatic fluctuation in winning probability, dropping from 85.5% an hour ago to the current 53% (a fluctuation of 32.5%). Please note the impact of related breaking news.

According to SoSoValue data, yesterday (Eastern Time June 5), the total net outflow of Bitcoin spot ETFs was $326 million.The Bitcoin spot ETF with the highest net inflow yesterday was the Morgan Stanley ETF MSBT, with a net inflow of $4.2773 million for the day, and the historical total net inflow of MSBT has reached $268 million.Next was the VanEck ETF HODL, with a net inflow of $4.2190 million for the day, and the historical total net inflow of HODL has reached $1.151 billion.The Bitcoin spot ETF with the highest net outflow yesterday was the Blackrock ETF IBIT, with a net outflow of $214 million for the day, and the historical total net inflow of IBIT has reached $62.47 billion.As of the time of publication, the total net asset value of Bitcoin spot ETFs is $75.115 billion, with an ETF net asset ratio (market value compared to total Bitcoin market value) of 6.08%, and the historical cumulative net inflow has reached $53.94 billion.

According to CriptoNoticias, the Southern Metropolitan Prosecutor's Office in Chile, along with the police, dismantled a money laundering network involving approximately 90 million USD, with about 20 people arrested.The network is suspected of converting illegal funds into cryptocurrency through exchanges and transferring them abroad, with one Banco Santander account manager arrested. Prosecutor Héctor Barros stated that this is one of the largest money laundering cases in Chile in recent years, and the related illegal activities were not conducted through the bank's corporate infrastructure, with the bank cooperating in the investigation.

According to Barron's, Morgan Stanley's wealth management division has partnered with Galaxy Digital, allowing high-net-worth clients holding Bitcoin, Ethereum, or Solana to convert their direct holdings into a spot crypto ETF.The converted ETF can be used as collateral for financing, with a minimum trading threshold of $5 million. In July 2025, the SEC approved a physical conversion mechanism between directly held crypto assets and spot crypto ETFs, laying the regulatory foundation for this collaboration.

CryptoQuant analyst Axel Adler Jr stated that Bitcoin is once again testing a low point of around $62,000, while the current 7-day net realized losses have reached approximately $7 billion, higher than the levels during the low point in February this year, but still below the peak loss of about $14 billion during the winter market panic.Currently, the Bitcoin price has clearly fallen below the cost basis of short-term holders (STH) at around $76,000. If it continues to decline, the main support left is the average realized price across the network at about $54,000, as well as the cost basis of long-term holders (LTH) at around $49,000. These two areas corresponded to the full capitulation phase and the formation of the cycle bottom in historical cycles.However, as long as Bitcoin remains above $54,000, the market will not enter a full capitulation phase; if it falls below and continues to operate below the market low point from February this year, it may further test the final defense line near $54,000 in this round.

Former co-founder of Multicoin Capital, Kyle Samani, posted on X revealing: "For those wondering what my next plan is, I am developing a consumer product."It is worth mentioning that Solana founder toly retweeted this post, which may imply that the product has some connection to Solana.

According to Bloomberg, the U.S. House Ways and Means Committee is preparing legislation to establish a cryptocurrency tax structure, which could be released as early as Friday, followed by a hearing early next week. Committee Chairman Jason Smith will prioritize the development of a digital asset tax framework, with the Treasury Department also involved in the process.The committee is expected to release seven bills addressing when tokens obtained through mining or staking will be taxed, exempting certain stablecoin transactions from capital gains tax, equal tax treatment for digital assets and securities (including charitable donations), allowing foreign investors to trade U.S. securities without being taxed as domestic entities, and expanding wash sale rules to digital assets.

According to Jinshi, Federal Reserve official Daly stated that the improvement in productivity should lead to a decrease in inflation, but the key lies in the specific timing.

Bitcoin fell below $64,000 again after the U.S. stock market opened on Thursday, with a weekly decline of 13.5%, marking the worst single-week performance since 2026. BTC previously dropped to its lowest level since early February and retested the 200-week simple moving average. Trader Daan Crypto Trades stated that BTC continued to decline after encountering a bearish retest in the $80,000 low range, remaining in a larger downtrend since last October. He believes that the current market focus has shifted to whether the $60,000 level can maintain support, with the low $60,000 area combined with the 200-week moving average becoming a key area for bulls to defend.Trading resource The Kobeissi Letter pointed out that since October 2025, the total market capitalization of the crypto market has evaporated by over $2 trillion. In the short term, commentator Exitpump noted that every rebound in the Binance perpetual contract order book encounters sell orders, with buying pressure only just beginning to push prices up, leading to more supply appearing above, and sellers still holding control. Trader Rekt Capital mentioned that on June 13, 2022, BTC touched the 200-week moving average during a bear market pullback; and in the 2026 bear market, BTC nearly touched that moving average again on the same date four years later. He believes that BTC's cyclical performance is "incredible."

According to Arkham monitoring, Morgan Stanley has once again increased its holdings by buying the dip through its spot Bitcoin exchange-traded fund MSBT, adding 220.721 BTC, worth $14.53 million.As of now, its total Bitcoin holdings have surpassed 3,700 coins, currently reaching 3,779 coins, valued at approximately $236 million.

British teenager Alexander Browder stated that he has been placed on a sanctions list by the Russian Ministry of Foreign Affairs and banned from entering the country for writing a report exposing a cryptocurrency money laundering network supported by Russia.The report indicates that countries such as Russia, Iran, and North Korea launder approximately $350 billion, with a ruble stablecoin named A7A5 being one of the main issues facing Western anti-money laundering efforts. The UK Foreign Office stated that Russia uses tokens like A7A5 to evade Western sanctions and fund its military. The UK government imposed sanctions on individuals related to this network in May, which transferred over $90 billion last year. Alexander Browder expressed pride in being the first high school student globally to be sanctioned by an authoritarian regime for exposing corruption.

The "New Stock God" Serenity published an analysis stating that as Co-Packaged Optics (CPO) technology is expected to enter large-scale deployment in the second half of 2027, Sivers Semiconductors (SIVE) may play both a bottleneck and a key node role in the industry.It pointed out that there are signs of tight supply for Continuous Wave (CW) lasers. Affected by previous orders from NVIDIA, the capacities of companies such as Sumitomo Electric, Furukawa Electric, and Win Semi are highly saturated. Meanwhile, Sivers, which adopts a fab-lite model, has effectively secured a significant amount of CW laser supply by locking in capacity with foundries like Win Semi in advance.The analysis believes that multiple CPO routes, including ASIC projects from Ayar Labs, Jabil, Marvell Celestial, and other large-scale cloud providers, are highly dependent on Sivers' laser solutions, lacking mature alternative sources in the short term, which positions it as a structural "bottleneck" in the entire ecosystem.Additionally, Sivers is the default reference laser design solution for GlobalFoundries, with relevant ecosystem participants including AMD and several CPO chip suppliers. Aside from vertically integrated companies like NVIDIA and Broadcom, most ASIC and commercial CPO projects are likely to revolve around Sivers.Serenity expects that as the CPO market size grows from nearly zero to between $81 billion and $91 billion in about a year and a half, Sivers is likely to replicate Lumentum's growth path and may grow into a company with a market value of around $75 billion in the coming years. However, the above views only represent the personal judgment of market analysts.

According to CoinDesk, Citi analyst Alex Saunders stated in a recent report that the recent sale of Bitcoin by Strategy has caused market volatility, but the bigger issue is the lack of demand from new investors.The report pointed out that this sale by Strategy is part of a previously disclosed tax optimization plan and not a strategic shift. What is truly concerning is that the spot Bitcoin ETF has seen net outflows for 11 consecutive days, which is an important signal of weak investor adoption. Analysts estimate that ETF fund flows can explain about 45% of Bitcoin's weekly price fluctuations.In addition, the likelihood of the U.S. crypto market structure bill passing this year is decreasing, reducing potential positive catalysts. The bank believes that in the absence of regulatory progress and new capital inflows, Bitcoin market sentiment will remain subdued.

Gate Europe successfully held the "Capital Social at Money20/20 Europe" industry exchange event. The event was jointly organized by Gate Institutional, Gate Fiat, and Gate Pay, attracting over 150 professionals from the fields of payment, OTC, institutional trading, and fintech to discuss the integration trends of digital assets and traditional finance, as well as opportunities for institutional market development.During the event, the senior team of Gate and industry guests engaged in discussions on topics such as the integration of fiat currency and digital assets, institutional liquidity, cross-border payments, and institutional-level settlement. Partner Utexo conducted specialized discussions on institutional liquidity, fiat infrastructure, and payment collaboration. In a roundtable discussion themed "Everything Capital," attendees focused on topics such as capital flow efficiency, the construction of institutional payment networks, the evolution of OTC market structure, and innovations in cross-border settlement.This event provided a deep communication platform for traditional financial institutions, payment companies, and participants in the digital asset industry.Currently, Gate Group's Malta entity Gate Europe has obtained European MiCA and PI licenses under the supervision of the Malta Financial Services Authority (MFSA), continuously advancing its compliance layout in Europe and strengthening its infrastructure capabilities in institutional payments, fiat channels, and cross-border settlement. As the industry moves towards a higher level of compliance and institutional development, Gate will continue to deepen global industry collaboration and promote the integration of digital assets and traditional finance.

According to BIT analysis, a significant feature of Bitcoin over the past four years is that most of the price increases are concentrated in a short period of rapid growth, followed by a prolonged period of sideways consolidation. The pullback phase also shows a similar pattern, where the price usually drops quickly at first, releasing most of the downward pressure in one go, and then gradually stabilizes.This round of pullback is mainly influenced by two factors: first, the U.S. April CPI announced in May was higher than expected; second, there are concerns in the market about Strategy selling Bitcoin and the subsequent potential selling pressure. As a result, the spot Bitcoin ETF quickly shifted from net buying to significant net selling, with a cumulative net sell of about $1.5 billion this year, creating noticeable pressure on the market.Currently, Bitcoin is still under pullback pressure, with $63,445 being a key support level to watch. Whether this level can hold will affect the market's judgment on the depth of this adjustment: if the price stabilizes near this area, this pullback will still be considered a phase adjustment; if it effectively breaks below, it may enter a deeper adjustment and consolidation.

According to GMGN data, the top 5 tokens with net inflow of smart money in the past 24 hours are as follows:Goblin (3KHM....ump): Net inflow of $4,000, with a 24-hour increase of 10.7%, currently priced at $0.0046.IDLE (AjLh....ump): Net inflow of $1,000, with a 24-hour decrease of -12.2%, currently priced at $0.0008.ISOR (Eabf....ump): Net inflow of $1,000, with a 24-hour decrease of -83.9%, currently priced at $0.0001.HermesWorld (2YF1....hH9): Net inflow of $855, with a 24-hour increase of 30.8%, currently priced at $0.0003.OBX (ttgt....ump): Net inflow of $731, with a 24-hour decrease of -1%, currently priced at $0.0001.

According to The Defiant, Ethereum researchers Thomas Coratger, Justin Drake, and others released a proposal on June 1 at the Ethereum research forum, planning to establish a dedicated XMSS public key registry as the first concrete protocol upgrade for Ethereum's migration to post-quantum cryptography.This registry allows approximately 1 million validators to pre-register quantum-safe XMSS keys before the full switch to the BLS signature system, serving as an important "preheating phase" to reduce the impact of the subsequent switch on network stability. This proposal has been included in the Ethereum Foundation's protocol team's Strawmap roadmap, marking the first protocol fork on that roadmap.

According to Jinshi reports, Bank of England Monetary Policy Committee member Green stated that the reasons for raising the key interest rate are strengthening.