The morning paper | Bitmine has an additional 126,971 ETH last week; the trader Eugene has announced his exit from the encryption market
Photo by ChainCatcher
Important information:
- Trader Eugene announced that he had withdrawn from the encryption market, claiming that stock opportunities went far beyond encryption
- Syscoin Crossing Bridge was attacked, involving about 5 billion SYS. Bridge service has been suspended
- Moonshot AI seeks a new round of up to $2 billion in financing with a valuation target of $30 billion
- BitMine has an additional 126,971 ETHs last week, increasing the total holding stock to 5.5438 million
- Revolut Proposed to advance the sale of secondary equity at $115 billion
- Strategy proposal approved: STRC dividends paid half month, first payment date 15 July
What's important about the past 24 hours
Strategy proposal approved: STRC dividends paid half month, first payment date 15 July
ChainCatcher, from Michael Saylor, founder and executive chairman of Bitcoin Treasury, stated that the STRC and MSTR shareholders had approved a change in the frequency of payments of STRC dividends from monthly to semi-monthly payments. Under the new arrangement, the first recorded date is 30 June and the first payment is 15 July。
BLOOMBERG: SBF FILED A FORMAL APPLICATION FOR A TRUMP PARDON
ChainCatcher NewsThis post is part of our special coverage Nepal Protests 2011Sam Bankman-Fried, founder of the FTX, formally submitted an application for presidential pardon through official procedures. SBF is currently serving 25 years of imprisonment, and his family has been lobbying the Trump government for several months。
IN JANUARY OF THIS YEAR, TRUMP MADE IT CLEAR THAT HE HAD NO INTENTION OF PARDONING THE SBF, AND THAT MANY OF THE PRO-ENCRYPTED REPUBLICAN PARLIAMENTARIANS WERE ACTIVELY OPPOSED TO IT AS BEING POLITICALLY SENSITIVE。
Revolut Proposed to advance the sale of secondary equity at $115 billion
ChainCatcher reports that Digital Bank Revolut is preparing a second-tier equity sales deal, valued at approximately $115.0 billion, to allow early investors and employees to cash out, starting formal processes as soon as possible this month, but the details are still under negotiation。
According to the source, Chairman Revolut Martin Gilbert was meeting with potential investors during the Monaco Grand Prix. If this valuation is reached, CEO Nik Storonsky will be awarded an additional equity interest with an equity value or at least $36 billion。
Revolut has been introducing new investors in recent years, mainly through secondary transactions, and last November, a staff sales unit was set up at $75 billion with the participation of Coatue, a16z, and Nvidia’s downside sector。
ChainCatcher, according to PR Newswire, Bitmine bulletins show that as of 7 June 2026, the company held 5,543,872 ETHs, representing about 4.59 per cent of the total supply of 120.7 million in the Taicha and 92 per cent of its “Alchemy of 5 per cent” target. Over the past week, Bitmine had an additional 126,971 ETHs, the largest single week of the company's purchases。
Mr. Thomas Lee, Chairman of BitMine, stated that the company had grown by approximately 26,000 ETHs in the previous week, and that this week ' s significant build-up was mainly due to its belief that the current ETH price reversal did not reflect the continuous improvement of the basics of the Taifung complex, as well as the long-term benefits of Wall Street asset monetization and the growth of demand for open block chains from the AI proxy system。
To date, Bitmine has held a total of approximately $9.6 billion in encrypted assets, cash and other investments, including $247 million in cash, 204 BTCs, $180 million Best Industries and $88 million in investments。
Of these, 4,718,677 ETH have completed pledges, representing more than 85 per cent of the total holding stock, valued at approximately $7.7 billion at current prices and projected annualized pledge proceeds of approximately $230 million. BitMine states that it has become the world ' s largest enterprise-level Etherwood reserve, second only to Strategy Inc. ' s Bitcoin reserve size, and is expected to achieve the strategic goal of holding 5 per cent of the total supply of ETH in 2026。
Strategy spent $101.3 million last week buying 1550 bitcoins
ChainCatcher NewsAccording to the 8-K file submitted by Strategy to SEC, the company bought 1550 bitcoins at an average price of approximately US$ 65,332 from 1 to 7 June 2026, for a total of approximately US$ 101.3 million, financed by the MMT stock ATM scheme。
As at 7 June 2026, Strategy had a cumulative stock of 845,256 bitcoins at a total warehouse cost of approximately $63,970 million at an average price of approximately $75,680。
ChainCatcher NewsTrader Eugene stated on June 7 that he had withdrawn from the encrypted market and moved to the stock field, arguing that equities were more attractive at the research level and that there were more trading and investment opportunities. Eugene indicated that, given the current developments in the encryption market, the shift might continue and that in the future, long-range attention would be paid to the encryption market without participating, unless there was an attractive risk return opportunity, which was not currently visible in the short term。
With regard to Strategy (MSTR) and Saylor, Eugene considers this to be the beginning of a total collapse and wonders if Saylor really sold more BTCs than last week, even if it was a delay. It means that before the MSTR decoupling from the BTC, the BTC was untouchable from a multi-headed perspective, stating that it did not know where the bottom was, but no longer tried to copy it。
The Korean Internet giant, Naver, will build a data centre based on the Yvette model
ChainCatcher NewsAccording to Bloomberg, Naver, Korea's Internet and Cloud Service provider, has decided to build data centres based on Nvidia's model to consolidate its leading position in Korea's artificial intelligence。
Raj Mirpuri, Director of Global AI Clouds and Infrastructure, Nvidia, stated that Naver would build the AI infrastructure based on the Nvidia DSX platform and support intelligent bodies and robots on a gigawatt scale。
ChainCatcher, according to Kim X, Goldman Sachs economists stated that the Fed was no longer expected to reduce interest rates this year because the labour market was stronger than expected. The bank postponed the estimated time of the last two Federal Reserve interest reductions from December 2026 and March 2027 to June and December 2027. Goldman Sachs Chief American Economist Merrick pointed out that, although the interest rate increase was unlikely, the probability of a small rate increase was raised from 10 per cent to 20 per cent. Goldman Sachs also lowered the United States unemployment forecast from 4.6 per cent to 4.4 per cent this year。
ChainCatcher NewsThe founder of the B. TOOP mine, Jiang Zhor, has written his views on the sale of Bitcoin by Strategy. He thought Strategy wouldn't sell money much, just small money to pay interest。
According to Jiang Zhor, Strategy launched a new STRC fund to buy more BTCs, while selling a very small amount of early low-cost BTCs to realize accounting gains to pay for STRC interest. This is how it works. However, a total non-sale of Strategy would cast doubt on investors as to the “payback of new money” and a small sale would yield real gains, maintain a “never sell” image and facilitate continued financing。
ChainCatcher, Syscoin wrote on platform X that an initial update was provided to communities on recent security incidents involving 5 billion SYS coins. The bridge service has been suspended and the team is investigating and repairing the validation problem. Using a verification gap in the cross-link process, the attackers created an unauthorized SYS output on the UTXO side。
THE FUNDS AFFECTED HAVE BEEN DIVERTED AND DIVIDED AND THE TEAM IS TRACKING AND COORDINATING WITH THE EXCHANGE AND ECOLOGICAL PARTNERS TO PREVENT CONTAMINATED UTXO FROM BEING DEPOSITED, TRADED OR FURTHER DISTRIBUTED. THE TEAM IDENTIFIED A REHABILITATION PROGRAMME AND ADVISED USERS NOT TO INTERACT UNTIL THE BRIDGE WAS RESTORED。
ChainCatcher reports that Moonshot AI is in preliminary negotiations with potential investors for a new round of financing, with a maximum of $2 billion and a valuation target of $30 billion。
IT WAS REPORTED THAT THIS WAS THE THIRD ROUND OF FINANCING OF THE COMPANY IN SIX MONTHS, AIMED AT RESPONDING TO INCREASING AI COMPETITION IN CHINA。
JP Morgan: Strategy needs to rebuild its dollar reserves to ease currency sales concerns
ChainCatcher, according to The Block, JP Morgan analysts in their latest report stated that while Strategy had previously sold 32 bitcoins to trigger market fluctuations, it was only symbolic, and the real problem was the lack of demand for new investors。
The report states that Strategy ' s current dollar reserve is sufficient to cover only about 6.3 months of preferential dividends and recommends that it rebuild the dollar reserve to restore investor confidence. JP Morgan also downplayed expectations that the US Encrypted Market Structure Act was less than 50% likely to pass this year, and turned to caution about digital assets as a whole。
Nevertheless, analysts expect that Strategy will continue to buy bitcoin and believe that the current weakness in the market could be a sign of a reversal in the future。
ChainCatcher, according to PR Newswire, EDGE Markets, a forecast market infrastructure company, announced the completion of the $29.2 million A round of financing, with the participation of CoinFund, Indicator Ventures, Mantis VC, Stepstone Group and Bullpen Capital. This round of financing will be used to launch a banking platform for marketers in the forecast market, EDGE Pro, and a payment network designed for entertainment and forecasting markets, EDGE Connect。
Of these, EDGE Pro will provide high-volume deposit accounts to marketers to support real-time fund transfers and settlements between trading platforms supervised by the United States Commodity Futures Trading Commission (CFTC). The company is applying for licences from the National Futures Association of the United States (NFA) to introduce brokers (IB) and futures commissioners (FCM) to improve capital efficiency and support bond management。
EDGE Connect, which is positioned as a dedicated payment network for the forecasted market industry, achieves 7x24 hours of real-time payments (RTP) and lowers transaction costs by simply charging for new net deposits. The company indicated that the system could reduce the cost of processing payments by over 70 per cent compared to traditional payment channels, while reducing refunds and user losses。
ChainCatcher NewsThe World Cup will open on June 11th, and the Hong Kong Police have launched Operation Gobi and Wind Shield to combat illicit outside gambling in the direction of information, education, intelligence and law enforcement. The police indicated that illegal gambling had shown a trend towards digitization in recent years, including online betting, social media gambling and gambling in virtual currency, and indicated that they still had the capacity to track participants。
According to the law, a maximum prison sentence of nine months and a fine of $50,000 is awarded to the outside dealer, a maximum prison sentence of seven years and a fine of five million, a maximum prison sentence of 14 years for money laundering and a fine of five million. The police also shared the case of a young man who had been obsessed with outside gambling, who was in debt at the peak of $160,000, and a police clinical psychologist who warned that a gambler who had started gambling before the age of 18 was at risk of a gambling disorder of more than 80 per cent later。
A man in China stole 107 bitcoins for burglary
ChainCatcher, according to News Knews, a new virtual currency theft was reported at the top on June 7. The Shandong man, Zhang Zhang, who has been assisting acquaintance Feng to process virtual currency transactions for a long time, has taken the initiative, after gaining the confidence of the other party, to propose Zhang Zhang to replace the easier-operated digital wallet. The asset assistive words (keys) for this type of wallet are generated by the system by randomly extracting 12 combinations from 2048 commonly used English words, which are the core passwords for keeping virtual currency。
In the gap between the words of Feng and the writing, Zhang remembers 11 complete words and notes the initials of the last word. That same night, using debrisification memory repeated tests, combinations deciphered, successfully unlocked von Ei's digital wallet, transferred 107 bitcoins to each other, and sold $660,000 illegally. The court eventually sentenced him to 10 years and nine months ' imprisonment for theft and a fine of $100,000。
ChainCatcher NewsACCORDING TO PRESS REPORTS, THE MINISTRY OF NATIONAL SECURITY RELEASED A SECURITY ALERT TODAY THAT, FOR SOME TIME NOW, AS THE DEMAND FOR ARTIFICIAL INTELLIGENCE APPLICATIONS HAS GROWN RAPIDLY, THE “AI TRANSIT STATION”, WHICH PROVIDES BULK ACCESS TO LARGE MODELS AT HOME AND ABROAD, IS RAPIDLY GAINING GROUND IN THE COUNTRY. HOWEVER, DATA SECURITY RISKS CANNOT BE IGNORED AS A RESULT OF THE CURRENT MULTIPLICITY OF “AI-TRANSIT” MARKETS, THE LACK OF QUALIFICATIONS FOR SOME OF THE “AI-TRANSIT STATIONS” OPERATIONS, WEAK SECURITY PROTECTION, AND PROBLEMS WITH USER PRIVACY DISCLOSURE AND DATA RESALE。
THE "AI TRANSIT SITE" IS AN AGENT LEVEL BETWEEN THE OFFICIAL SERVICES OF THE USER AND THE AI MODEL MANUFACTURER. IT INTEGRATES THE APPLICATION PROGRAMMING INTERFACE (API) OF THE VARIOUS AI MODEL MANUFACTURERS INTO A SINGLE PLATFORM AND THEN PROVIDES IT TO USERS. IMAGEALLY, THE "AI TRANSIT STATION" IS THE "INTERMEDIARY" BETWEEN THE USER AND THE LARGE MODEL, WHICH CAN HELP THE USER TO ACCESS MULTIPLE AI LARGE MODELS MORE EASILY AND TO MEET THE USER'S DIVERSE USE NEEDS IN ONE STOP。
Meme Hot List
According to Meme Currency Tracking and Analysis PlatformGMGNAccording to the data, as of June 9, 0900
Former 24h ETH top five in the order of HEX, SHIB, LINK, PEPE, mUSD
In the past 24h Solana top five hot coins were: TROLL, WORLDUP, Net, Buttcoin, PBTC
Former 24h Base top five in order: Toby, ELSA, SKI, cbETH, CYPR
What are the good articles worth reading in the past 24 hours
Should we escape? The principles of stock market fish tailings
The so-called “fish tailings” are derived from Rivermore's metaphor. Livermore says:
"One-eighth of the last coin is the most expensive."
It is a warning to traders not to be blind. Later, it was compared to three parts of a fish:Fish headI don't knowFishandFishtailI don't know. Among them, the profits of fish tails are often accompanied by great dangers, and people are advised not to be blind。
But as the market continues to develop, more and more fishy tails have emerged recentlyWhich means..The tail's booming. The rise in such movements is often quite alarming, far from being as low as “one eighth of the copper”. So, what's the theory of fish tailings? How did the stock market get to the top? Today we revisit Rockefeller's motto。
When reasoning becomes a scarce resource, who captures the value
In 2023, David Cahn suggested that the hole was never filled on the training side. It has been included in the reasoning, and the market has only begun to factor it into pricing in the past few weeks. When Ying Weidar regrouped his financials around "service token" and Cerebras came on the market 20 times over-requirement, the bottlenecks were over, and the real problem became the next: When reasoning becomes a scarce resource, the value is deposited at what level of the calculator。
