surged

The trading volume of tokenized Pokémon cards on crypto platforms is rapidly increasing. Driven by the "gacha" mechanism, it creates a trading experience similar to "opening boxes/drawing cards" by mapping physical cards to NFTs or digital certificates. According to data disclosed by Messari, in May, approximately $230 million in trading volume has been achieved across seven blockchains including Solana, Polygon, Base, and BNB, which is about a tenfold increase compared to a year ago.In addition, the global trading card market size reached $15.8 billion in 2024 and is expected to grow to $23.5 billion by 2030, while the overall market value of NFTs is currently around $2.4 billion, indicating that on-chain collectibles are still in the early stages of penetration.

Hong Kong Stock Zhipu (02513.HK) surged significantly during today's trading, at one point rising over 45%, reaching a high of 1620.00 HKD, and currently the increase has narrowed to around 28%, reported at 1404.00 HKD. In response to the unusual stock price movement, Zhipu issued a statement saying that the company is not aware of any undisclosed insider information.On the news front, against the backdrop of the strongest models from overseas competitors being globally banned due to government regulations, Zhipu announced the launch of its latest flagship model GLM-5.2. This model supports long contexts of up to 1M and will be fully open-sourced next week under the MIT license. Zhipu stated that this move aims to attract global developers with an open strategy, and it is expected that the release of this model will effectively benefit the company's subsequent open platform and API business call volume increase.

According to Jinshi reports, the Nikkei 225 index surged 5% during the day, currently reported at 69,348.55 points.

According to Decrypt, the trading volume of tokenized Pokémon cards on crypto platforms is rapidly increasing. Driven by the "gacha" mechanism, it creates a trading experience similar to "opening boxes/drawing cards" by mapping physical cards to NFTs or digital certificates. Data disclosed by Messari shows that in May, approximately $230 million in transaction volume was achieved across seven blockchains including Solana, Polygon, Base, and BNB, which is about a tenfold increase compared to a year ago.In addition, the global trading card market size reached $15.8 billion in 2024 and is expected to grow to $23.5 billion by 2030, while the overall market value of NFTs is currently around $2.4 billion, indicating that on-chain collectibles are still in the early penetration stage.

According to monitoring by Catcher Predict, in the predicted market event "Knicks vs. Spurs" on Polymarket, the "Yes" option for the sub-market "Mikal Bridges: Points O/U 2.5" experienced a sharp fluctuation in winning probability, soaring from 56.5% an hour ago to the current 80% (a fluctuation of 23.5%). Please note the impact of related breaking news.

CryptoQuant analyst Axel Adler stated that Bitcoin (BTC) is experiencing a significant inflow into exchanges, while stablecoin liquidity continues to flow out. The deterioration on both the supply and demand sides of the market is considered a key reason for Bitcoin's approximately 22% decline from its May peak.Data shows that the 30-day net exchange flow indicator for Bitcoin has turned significantly positive, currently at about +114,000 BTC. Compared to the net outflow status of about -85,000 to -115,000 BTC in early May, the market has shifted from an accumulation phase to a distribution phase. This indicator briefly rose to about +167,000 BTC in early June, indicating that more holders are transferring BTC to exchanges, increasing potential selling pressure.Meanwhile, the 30-day moving average net flow of stablecoins remains in negative territory, currently at about -105 million USD. In early May, this indicator was still in the range of +40 million to +90 million USD, representing strong buying liquidity in the market; however, it turned negative after mid-May and expanded to about -150 million to -170 million USD in early June, indicating that stablecoin funds are leaving exchanges, reducing the market's "ammunition."

According to Gate market data, the three major U.S. stock indices rose collectively, each increasing by more than 1%.

According to SoSoValue data, as of 8 AM Eastern Time on June 8, 2026, the total net purchase of Bitcoin by publicly listed companies worldwide (excluding mining companies) for the week was $101 million, an increase of 925.38% compared to last week.Strategy (formerly MicroStrategy) spent approximately $100 million last week to purchase 1,550 Bitcoins at a price of $65,332, increasing its total holdings to 845,256 Bitcoins.The Japanese listed company Metaplanet did not purchase any Bitcoin last week.In addition, another company purchased Bitcoin last week. Asset management company Strive announced it spent $2.05 million from June 1 to June 7 to buy 32 Bitcoins at a price of $63,911, bringing its total holdings to 19,032 Bitcoins.Capital B announced that online voting for the shareholder meeting on June 17 is now open, which will authorize the board to establish a capital increase limit of up to €5 billion in nominal amount and a debt instrument issuance limit of up to €100 billion in nominal amount for the purpose of purchasing Bitcoin. Ethereum holder BitMine announced it will replicate MicroStrategy's financing model, planning to raise funds by issuing Series A perpetual preferred shares (code BMNP) on the New York Stock Exchange with a maximum of $300 million, an annual dividend yield of 9.5%, and weekly dividends.As of the time of publication, the total amount of Bitcoin held by the globally listed companies (excluding mining companies) in the statistics is 1,115,732 Bitcoins, an increase of 0.14% compared to last week, with a current market value of approximately $70.3 billion, accounting for 5.6% of Bitcoin's circulating market value.

According to on-chain analyst Yu Jin's monitoring, in the last 5 days, BTC has dropped by 16%, ETH has dropped by 21%, but "Binance Life" has risen by 62% against the trend. On-chain data shows that the recent rise of "Binance Life" may be related to approximately 28 million USD in funds being purchased.In the past 5 days, two addresses withdrew 14 million USDT from Bybit, and then bought 21.1 million "Binance Life" on-chain, with an average price of about 0.66 USD. Additionally, in the past 2 days, a certain address withdrew 21.5 million "Binance Life" from Binance, worth about 14 million USD.

According to Jinshi reports, the panic index VIX surged to a more than two-week high, rising 3.32 points to 18.72.

According to GMGN monitoring, the Solana ecosystem meme coin three surged by 104% in the past two hours, reaching a market cap high of $16 million, and has now fallen back to $13 million, with a 24-hour increase narrowing to 220%, and a trading volume of $8.4 million during the same period.It is reported that three is the native token of the Solana ecosystem AI project three.ws, launched by Pump fun. This project is a browser-native on-chain 3D AI agent platform that can generate 3D AI entities with one click and embed them into any website. The token began to surge on June 1 after an official account of IBM replied to related tweets on the X platform; yesterday, as three.ws officially announced a strategic partnership with IBM, the news further fermented today, combined with the favorable listing of the token on a trading platform, collectively driving the market cap higher.Meme coin trading is highly volatile, largely relying on market sentiment and speculative concepts, with no actual value or use cases, and investors should be aware of the risks.

According to CoinDesk, the Bitcoin Fear Index BVIV surged nearly 20% on Tuesday, marking the largest single-day increase since February 5. BVIV measures the 30-day implied volatility of Bitcoin, and this surge to 46.45% indicates that panic has re-emerged in the market after two months of calm.For the past two months, the sentiment in the Bitcoin market has remained calm, even as it fell from a May high of $82,000 to $75,000 last week, with BVIV hovering around 40%, the lowest point of the year, indicating that the decline at that time was orderly selling rather than panic. However, on Tuesday, the spot price of Bitcoin dropped over 6% to $66,000, causing BVIV to spike sharply. The index's trend increasingly resembles Wall Street's VIX Fear Index, showing an inverse correlation with the spot price of Bitcoin. Whether Tuesday's significant surge is just a one-day fluctuation or the beginning of a sustained volatility cycle remains to be seen.

According to Gate market data, U.S. stocks opened with the Dow Jones down 0.4%, the S&P 500 down 0.18%, and the Nasdaq down 0.2%. NVIDIA (NVDA.O) rose 0.6%, and NVIDIA Spectrum-X Ethernet silicon photonics technology has been fully mass-produced. Marvell Technology Group (MRVL.O) surged 16%, and Jensen Huang is optimistic that it will be the next trillion-dollar company. Broadcom (AVGO.O) rose 5%, and Morgan Stanley maintained a buy rating and raised the target price. STMicroelectronics rose 10%, and the company announced an increase in its full-year revenue target for the data center business.

The crypto sentiment platform Santiment published an analysis stating that the ratio of positive to negative comments about Ethereum has shifted from a strong FOMO sentiment in late April to a clear FUD sentiment now. Harvard University completely liquidated its $87 million Ethereum ETF one quarter after buying in; researchers from the Ethereum Foundation announced their resignations; and David Hoffman publicly stated his exit from the Ethereum project. The Santiment team interprets this trend as a mildly bullish signal, similar to the significant rise that followed the mid-2023 market sentiment low.Despite the panic sentiment, the number of non-bearish wallets for Ethereum remains as high as 192.92 million, more than three times Bitcoin's approximately 59 million. The activity in DeFi and staking trading surged at the beginning of the year and has since normalized, but the creation of new wallets continues to maintain a healthy growth rate. Fundamental data such as holders and activity do not support the claim that "the Ethereum network is dying." Additionally, the long-to-short ratio for Bitcoin has reached 2.23, the highest level since 2026. Previously, the highest daily long-to-short ratios often resulted in short-term price corrections, while extremely low short ratios indicate a local bottom. The current optimism stands in stark contrast to the outflow of short funds from ETFs, thus caution is warranted.

The probability of selling Bitcoin on Polymarket's Strategy has surged this week, rising from a low of 11% today to 30%. This morning, Strategy deposited 411.48 BTC into Coinbase, worth $30,300,000.

According to CoinDesk, Bitcoin mining company turned HPC infrastructure developer TeraWulf (WULF) announced the acquisition of a site in Kentucky, USA, capable of supporting over 1 gigawatt of AI and high-performance computing (HPC) loads for the development of a massive data center. The first phase of 500 megawatts is expected to gradually come online starting in the second half of 2028, with a goal of adding another 500 megawatts before 2030. The company stated that the key constraints in the market under the AI boom have shifted from computing hardware to power and transmission infrastructure. Following the news, TeraWulf's stock price surged 13% during trading, and shares of other companies in the same sector, such as Hut 8 (HUT), Keel Infrastructure (KEEL), IREN (IREN), and Cipher Mining (CIFR), also rose.

According to monitoring by Hyperinsight, the funding on the Hyperliquid cross-chain bridge has significantly increased, with USDC bridging inflows exceeding $268 million in the past 24 hours, reaching a new high since February 7; net inflows surpassed $173 million, reaching the highest level in nearly 10 months (since August 22 of last year), and on the same day, the total locked value on the cross-chain bridge reached $4.02 billion.As of the time of writing, the trading volume on Hyperliquid in the past 24 hours reached $7.84 billion, with an open interest of $9.6 billion, among which, trade.xyz had a trading volume of $2.59 billion and an open interest of $2.49 billion during the same period.

According to monitoring by Hyperinsight, SNDK (SanDisk) rose sharply again by 10% during the last trading day, maintaining a high position in the night session. The SNDK contract on the Hyperliquid platform is currently reported at $1540, with a daily trading volume of $101 million. The on-chain long position with the most considerable profit in this round of increase is 0x7b5, which went long on 2050.7 SNDK with 10x leverage, currently realizing a floating profit of $700,000. This address initially invested only $246,000 in April, with an average entry price of $1199, and has now recorded a return of 284% on the principal. Address: 0x7b51c5d9366077e1b3c1cba383389752f486071b.

According to GMGN monitoring, the Base ecosystem token GITLAWB rose by 30% within 1 hour, reaching a market cap high of $37.5 million, currently reported at $36.6 million, with a 24-hour increase of 39% and a trading volume of approximately $3.3 million during the same period.ChainCatcher reminds users that on-chain trading is highly volatile, largely relying on market sentiment and speculative concepts, and investors should be aware of the risks.

Morgan Stanley's defined "warning line" for the U.S. stock market has been breached. The bank's Chief Investment Officer and well-known Wall Street bull, Michael Wilson, warned that if U.S. Treasury yields continue to rise and volatility increases, the U.S. stock market will face "the first significant pullback since the end of March."Michael Wilson stated, "If long-term yields rise along with bond volatility, we expect the stock market to experience its first significant pullback since the bottom in late March." Previously, Morgan Stanley marked a 10-year U.S. Treasury yield of 4.5% as "the critical point where yields may pose a more obvious resistance to stock market valuations."