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According to CoinDesk, Vietnam's securities regulator stated that the country's digital finance development is entering a critical stage, and plans may soon be announced to launch a pilot project for a cryptocurrency trading market to promote the standardized development of the digital asset industry.Currently, Vietnam ranks seventh in the world in terms of cryptocurrency user scale, with a trading growth rate ranking fifth globally, and market demand remains strong.

According to Coinglass data, the total contract open interest for ETH has increased by 5% in the past 24 hours, with the current total open interest at $24.308 billion. Among them, Binance's open interest is $5.522 billion, OKX's open interest is $1.509 billion, Bybit's open interest is $1.643 billion, and Gate's open interest is $2.958 billion.

According to Coinglass data, the Coinbase Bitcoin premium index has been in a negative premium state for 20 consecutive days, currently reported at -0.0467%.

According to Coinglass data, if ETH falls below $1,552, the cumulative long liquidation intensity on mainstream CEX will reach $760 million. Conversely, if ETH breaks above $1,714, the cumulative short liquidation intensity on mainstream CEX will reach $206 million.

According to Coinglass data, if BTC falls below $59,408, the cumulative long liquidation intensity on mainstream CEX will reach $1.514 billion. Conversely, if BTC breaks above $65,371, the cumulative short liquidation intensity on mainstream CEX will reach $596 million.

According to Coinglass data, on June 7th at 18:00, 34.7409 million USDT was monitored being transferred from Binance to an unknown wallet.

According to monitoring by Catcher Predict, in the predicted market Polymarket for the event "LoL: KT Rolster vs Dplus KIA - LCK to MSI," the "Over" option in the sub-market "O/U 3.5 games" has experienced a drastic fluctuation in winning probability, plummeting from 76.5% an hour ago to the current 44.5% (a fluctuation of 32%). Please note the impact of related breaking news.

Binance releases an update on proof of reserves, stating that asset reserves are always above 1:1 to guarantee user funds, with the BNB reserve ratio at 100.58%, the Bitcoin reserve ratio at 100.2%, and the ETH reserve ratio at 100%. The USDT reserve ratio is at 103.17%.

Glassnode co-founder Rafael posted an analysis of the recent Bitcoin price trend on the X platform, noting that the current Bitcoin price is in the $62,000 range, having dropped nearly 50% from its all-time high, with a decline of 24% over the past month. The price has crossed the upper range of its pricing framework, entering a valuation cluster area where historical cycles have previously shown bottoms.Rafael further pointed out that market bottoms cannot be confirmed in advance and can only be defined through probability ranges and key price levels to identify potential bottom signals. Bitcoin has fallen below the median holder breakeven line for the first time since December 2022, currently situated within a broader support range: the median realized price is approximately $64,100, and the 200-week moving average price is around $61,700.The current high-probability bottom range may be between $46,000 and $54,000, with a rare "sell-off tail" below that range of $35,000 to $40,000. It is important to note that the magnitude of cyclical pullbacks is gradually decreasing: previous rounds of lows saw declines of about 85%, 84%, and 77%, while this round has only dropped about 50%, indicating that a high-probability bottom is more likely to be in the upper range, though extreme sell-off possibilities cannot be ruled out.

According to Coinglass data, the current 8-hour average funding rate for ETH across the network is -0.0062%. Among the current mainstream exchanges, the rate on Binance is -0.0102%, OKX is -0.0141%, Bybit is -0.009%, and Gate is -0.0129%.

According to Coinglass data, the current 8-hour average funding rate for BTC across the network is -0.0007%. Among the current mainstream exchanges, the rate for Binance is 0.0004%, OKX is -0.0078%, Bybit is -0.0019%, and Gate is -0.0085%.

According to Coinglass data, the current holdings of whales on the Hyperliquid platform amount to $4.087 billion, with long positions totaling $2.021 billion, accounting for 49.46% of the holdings, and short positions totaling $2.066 billion, accounting for 50.54%. The profit and loss for long positions is -$212 million, while for short positions it is $173 million.Among them, the whale address 0x082e..88 has taken a 5x leveraged long position on HYPE at a price of $38.6755, currently showing an unrealized profit and loss of $29.3375 million.

According to monitoring by Catcher Predict, in the event of "Bitcoin breaking through on June 7" in the prediction market Polymarket, the probability of the "yes" option in the sub-market "62,000" has experienced significant fluctuations, soaring from 41.5% an hour ago to the current 56.5% (a fluctuation of 15%). Please note the impact of related breaking news.

According to the Times of India, the Gujarat police have arrested two suspects involved in cryptocurrency-related cybercrime, with the network allegedly trading over 226 million rupees. Investigators claim that the network is linked to terrorist financing, global drug trafficking, and dark web financial activities.Officials stated that this arrest is part of an ongoing investigation into the use of cryptocurrency channels for terrorist financing. Previously, 10 suspects had already been arrested during the investigation. The two latest suspects are accused of using the KYC information of a man named Sabbir Ali Sarani to create a Binance wallet and receiving 5,000 USDT through layered transactions.

According to on-chain analyst @ai_9684xtpa's monitoring, the long positions of the "Set 10 Big Goals" trader have an unrealized profit of 5.881 million dollars;His screenshot from yesterday shows that 2835.32 BTC long positions have been opened, worth 170 million dollars, with an opening price of 60153.8 dollars.

Humanity Protocol ($H) recently announced that its Staking feature has officially launched on Humanity Chain. According to the official announcement, this staking event has set a total initial reward pool of 30M $H, which, based on the recent peak of $H, has a total value of approximately 28M USD, open to long-term participants in the ecosystem.The launch of this Staking feature occurs against the backdrop of a rapid increase in trading activity for H. Previously, H recorded high trading volumes on exchanges such as Bithumb and Bybit, and in some trading scenarios, it was directly compared to Worldcoin (WLD). The introduction of the Staking feature is also seen as a further step by Humanity Protocol to enhance long-term holding stickiness, consolidate on-chain liquidity, and promote the construction of the Humanity Chain ecosystem.Two major Humanity Chain staking pools are open, with a maximum APR reaching 10,658%.According to the information on the event page, the Humanity Chain Staking primarily sets up two staking pools.Among them, the 6-month staking pool is configured with 10M $H rewards; the 4-year staking pool is configured with 20M $H rewards. Users can choose the corresponding staking plan based on their different needs for lock-up periods and liquidity.At the beginning of the event, the staking page showed that the maximum APR once reached 10,658%. Since the staking yield will dynamically change with the number of participants, total staking scale, and reward distribution, the actual APR will be based on real-time data from the event page.In terms of participation, users can transfer assets to the Humanity Chain wallet through exchanges that support native H, or they can transfer assets from the ETH chain to Humanity Chain via the official cross-chain bridge to participate in staking.Rewards are distributed according to the proportion of staking, and the ecological transaction fee sharing is expected to be released simultaneously.This staking reward will be allocated based on the user's asset proportion in the corresponding staking pool. In other words, the proportion of the user's staking scale to the total staking scale in the pool will directly affect their share of the rewards.In addition to the fixed reward pool, the official also mentioned that users participating in Staking will have the opportunity to share in the transaction fee income generated by validators and verification services within the Humanity Protocol ecosystem in the future. This means that Staking is not just a short-term incentive activity but is also tied to the subsequent verification services, ecosystem usage, and on-chain economic model of Humanity Chain.From a market perspective, the launch of the 30M $H reward pool provides holders with a new on-chain income entry point while also helping to convert some circulating chips into long-term staking positions. As the Humanity Chain mainnet ecosystem gradually advances, Staking may become an important step for H to transition from trading heat to on-chain ecosystem consolidation.

According to monitoring by Catcher Predict, in the "Boston Red Sox vs. New York Yankees" event on the prediction market Polymarket, the win probability for the "New York Yankees" option in the sub-market "Spread -1.5" has experienced significant fluctuations, rising from 17% an hour ago to the current 47.5% (a fluctuation of 30.5%). Please note the impact of relevant breaking news.

According to monitoring by Catcher Predict, in the predicted market event "Spurs vs. Knicks" on Polymarket, the "Yes" option for the sub-market "Devin Vassell: Points O/U 2.5" has experienced a sharp fluctuation in winning probability, dropping from 93.5% an hour ago to the current 76.5% (a fluctuation of 17%). Please note the impact of related breaking news.

The revenue agreement PiggyBank issued a statement acknowledging a serious error in the LAB token basis trading that took place last month. PiggyBank disclosed that the team previously purchased locked LAB tokens at a low price through OTC channels for about $100,000 (accounting for approximately 2% of the portfolio) and simultaneously shorted perpetual contracts for hedging.However, during the holding period, LAB encountered severe market manipulation, liquidity depletion, and deeply negative funding rates, leading to excessively high hedging costs. The team ultimately chose to close the short position to limit downside risk. Based on current prices, the total value of the locked LAB position is $1.35 million. However, due to the lack of liquidity in this position, PiggyBank will exclude it from the net asset value calculation until the first unlock on August 14.Although the situation is still changing and there is still potential for considerable returns, this is the "fairest and most transparent" way for users to manage liquidity. Therefore, today's net asset value will show a decline of approximately 15% in the USDC treasury, about 12% in SPYx, and about 9% in JitoSOL. A detailed report will be released next week, including follow-up processing plans. On-chain investigator ZachXBT previously publicly questioned PiggyBank, accusing it of insider control over more than 95% of the supply.

According to Gate market data, BTC/USDT is currently priced at $62000, with a 24-hour increase of 3.41%.