Odaily Planet Daily News: The number of initial jobless claims in the United States for the week ending June 7 was 248,000, which was expected to be 240,000. The previous value was revised from 247,000 to 248,000. (Jinshi)

Odaily Planet Daily News: The monthly rate of PPI in the United States in May was 0.1%, which was expected to be 0.20%. The previous value was revised from -0.50% to -0.2%. (Jinshi)

Odaily Planet Daily News According to on-chain analyst Yu Jin's monitoring, it took two years for the hacker to exchange all the $23 million in assets stolen from Bitrue into ETH and laundered through Tornado. The value is not only $9.36 million higher than the initial theft, but the hacker also made a profit of $4.72 million by selling high and buying low on ETH. In April 2023, the hacker stole various tokens worth $23 million from the Bitrue exchange, and then exchanged these assets for ETH; In March 2024, he sold 4,207 ETH at $3,885 for 16.345 million DAI; In April 2025, he laundered 1,050 ETH through Tornado; Today (2025/6/12), he transferred 5,111.5 ETH and 16.345 million DAI to a new address, and then bought 16.345 million DAI for 5,917.8 ETH at $2,762. Then he laundered all 11,029.3 ETH (30.46 million USD) through Tornado. In other words, the $23 million in assets stolen by hackers from Bitrue were eventually exchanged for 12,079 ETH and transferred through Tornado. At this time, the value became $32.36 million, an increase of $9.36 million from the initial value.

Key Takeaways:Bitcoin is down ~2.1% in the past 24 hours, trading around $106,958 on Binance following resistance at $108K.Fed rate cut expectations for June 18 are off the table, undermining bullish sentiment.If Bitcoin loses the $106K support level, it could slide toward $100K.Bitcoin Drops Below Key Resistance on Rate Cut DoubtsBitcoin (BTC) has fallen approximately 2.1% over the last 24 hours, now trading at around $106,958 on Binance. The decline follows a failed breakout above $108,000, compounded by Federal Reserve signaling that it will not cut rates at its June 18 meeting.Fed Hold Odds Spike After May CPIThe June 11 CPI report revealed inflation at 2.4% YoY (core at 2.8%), cooling but still above expectations. As a result, markets now see a 99.8% chance of the Fed keeping rates steady next week . With only two potential cuts penciled in for the rest of 2025—likely starting in September—crypto momentum has taken a hit.Investors Eye PPI ReleaseAll eyes are now on the Producer Price Index (PPI) for June 12. Forecasts suggest a +0.2% MoM rise (core +0.3%). Any surprise could amplify price action, with historically strong reactions during this release.Resistance Zone Remains Intact, RSI WeakensBitcoin continues to face stiff resistance between $108,800–112,000, unable to reclaim upside momentum. Technically, it's attempting a bull flag pattern, but the RSI has dropped to ~56, signaling weakening bullish energy.Key Technical Levels:Support: $106,000 – A daily close below here threatens trend damage.Resistance: $108,800–112,000 – Critical for regaining upward momentum.Market Outlook: Analysts Weigh InMichael van de Poppe, founder of MN Capital, emphasized caution on X:“Bitcoin couldn’t break through the $110,000 area… As long as Bitcoin stays above $106,000, then there's nothing to worry about.”If support holds, BTC could rebound toward its all-time highs near $112K. But a breakdown might trigger a pullback into the bull flag channel, or even deeper toward the $100K mark. Updated price data shows Bitcoin trading at ~$106,958 on Binance, down ~2.1% after hitting resistance and the Fed delaying rate cuts. The upcoming PPI release could be pivotal, but the immediate technical outlook hinges on whether $106K holds as support.

Recommended readings tonight: 1. a16z: 11 major use cases to gain insights into the cross-integration of AI and encryption; 2. Uncovering the shocking encryption case committed by North Korean hackers; 3. Ant Group's two sectors rush to the stable currency, and Hong Kong stocks concept stocks soar;

Odaily Planet Daily News According to official news, Base announced the revenue ranking of DeFi protocols on its ecological chain. The revenue of SSI, an index fund token protocol launched by SoSoValue, an AI-driven investment research and asset management platform, continued to rise and is currently ranked second. Affected by this news, the SoSoValue platform token $SOSO rose against the trend, once breaking through 0.50 USDT, with the highest intraday increase of 15.9%, and now reported 0.489 USDT.

Michael Saylor moved MicroStrategy, now called Strategy, into Bitcoin in 2020 after the U. S. government shut down the economy and flooded it with cash. In an interview with psychologist Dr. Jordan B. Peterson on Wednesday, he explained that the COVID lockdowns, combined with zero interest rates, made holding cash a financial risk. “We had $500 […] source: https://www.cryptopolitan.com/saylor-bitcoin-endangered-500m-in-reserves/

Odaily Planet Daily News: According to Onchain Lens monitoring, Bitrue hackers bought 5,917.82 ETH in the past two hours, worth about 16.34 million US dollars, with an average price of 2,762 US dollars. Subsequently, the hacker transferred a total of 11,029 ETH through TornadoCash, worth 30.29 million US dollars.

Key Takeaways:Hedge funds like Qube, Virtu, and Jump Trading are hiring for weekend crypto trading roles.Crypto’s 24/7 trading cycle is pushing traditional finance to adapt staffing models.Hedge funds now hold 41% of all Bitcoin ETF shares, surpassing investment advisers.Traditional Finance Adapts to Crypto’s Always-On MarketAs the cryptocurrency market continues to operate 24/7 without pause, major hedge funds and quantitative trading firms are quietly building weekend trading teams to stay competitive. Firms such as Qube Research & Technologies, Virtu Financial, and Jump Trading are recruiting traders specifically to cover weekend shifts, breaking from traditional finance’s weekday-only structure.Qube Seeks Weekend Quant Traders in LondonQube Research & Technologies is hiring a “Crypto | Quant Trader (Weekend Shift)” for its London office. The role combines a four-day workweek with alternate weekend shifts and includes responsibilities such as real-time trading, strategy monitoring, and signal implementation — all tailored for nonstop digital asset markets.Virtu and Jump Expand Weekend Crypto CoverageOther high-frequency firms are following suit. Virtu Financial is hiring a weekend crypto trader in Singapore, while Jump Trading previously sought a similar position in Chicago, although the listing has since been removed, likely filled.These hiring moves reflect a broader shift as traditional finance (TradFi) seeks to align with crypto’s non-stop nature. Unlike stocks or bonds, crypto markets never close, allowing for volatile moves on Saturdays and Sundays — especially during geopolitical developments, hacks, or liquidity shocks.Hedge Funds Deepen Crypto InfrastructureLeading hedge funds are expanding their digital asset teams:BH Digital, the crypto division of Brevan Howard, now includes over 15 portfolio managers, 10+ traders/data scientists, and 20+ engineers.Point72’s Cubist division is actively hiring a crypto quantitative developer in Paris.This expansion comes amid growing institutional exposure to crypto. A March report by CoinShares found that hedge funds now represent 41% of 13F Bitcoin ETF holdings, overtaking investment advisers for the first time.Volatility Persists During WeekendsWeekend crypto volatility remains a concern for traders. In April, markets dropped sharply after a Friday tariff announcement by U.S. President Donald Trump. Bitcoin fell 7% over the weekend, from $83,000 to $77,000.Security incidents timed for weekends — when liquidity is thinner and staffing reduced — can trigger sharp price moves. For this reason, firms are increasingly staffing weekends to mitigate risk and seize opportunities.“Weekends Are Workdays” for Crypto TradersWhile TradFi is just catching up, crypto-native traders have long embraced weekend work. As altcoin trader Altcoin Gordon wrote on X:“Weekends are for working. Free time? No such thing... Save your free time for the bear. For now, we grind.”

Odaily Planet Daily reported that according to Whale Alert monitoring, about 2 minutes ago, 21,186 ETH were transferred from Cumberland to Coinbase Institutional, with a value of US$57,630,893.

Key Takeaways:Binance App Pro Mode gets a full homepage redesign with drag-and-drop widgets.New AI-powered tools provide social sentiment and token insights in real-time.Users can fully personalize their trading dashboard with enhanced visual design.Binance App Unveils Revamped Pro Mode ExperienceBinance has launched a redesigned user interface for its Pro Mode on the Binance App, introducing a more customizable and data-rich experience. The update, called Binance UI Refined, allows traders to tailor their homepage using interactive widgets, AI-powered insights, and an updated visual layout.What’s New in Binance UI Refined1. Customizable Drag-and-Drop WidgetsUsers can now build a personalized trading dashboard by adding, resizing, and rearranging widgets that deliver live market data, token trends, and performance metrics from top traders.2. AI-Powered Market InsightsA new AI Trending widget aggregates social sentiment, trading signals, and trending tokens from platforms like X (formerly Twitter) and Binance Square. This tool helps traders identify emerging opportunities based on real-time community activity.3. Enhanced Visual DesignThe interface introduces modernized fonts, cleaner spacing, updated icons, and a Midnight Dark Theme for reduced eye strain and improved readability.Available Widgets in Pro ModeAI Trending: Real-time token sentiment and trends from social media and Binance Square.Coin List: Explore categorized token lists with trade access and layout options.Coin Spotlight: Live price movements and quick trading access for selected tokens.Copy Trading: Track top trader performance with 7-day PnL data for Spot and Futures.ETF Net Flow: Monitor Bitcoin and Ethereum ETF inflows and outflows.Fear and Greed Index: Daily sentiment indicators for market timing.Hot Category: Identify top-performing sectors (e.g., AI, DeFi, Meme coins).Simple Earn: View current APRs for Flexible Earn products.The Binance UI Refined update enhances the Pro Mode experience with powerful customization, AI-driven insights, and a cleaner design. It reflects Binance’s ongoing effort to deliver a smarter and more adaptive trading interface for professional and advanced users.

Stablecoins are on the rise again. As stablecoins gain an increasingly solid foothold in the cryptocurrency market, mainstream regulators have introduced new rules in an attempt to find a balance between protecting financial stability and encouraging innovation.

Affected by this, Hong Kong stocks of Ant concept stocks collectively rose in the afternoon, among which Yunfeng Financial rose by more than 98% at one point, Yaocai Securities Finance rose by more than 14%, and Ali Health and Ali Pictures rose by more than 4%.

Shadow investing = supporting a competitor after missing out on an industry leader, usually to maintain exposure rather than based on a belief in differentiation.

In the global chess game of the encryption industry, the three cities are competing for industry discourse power and talent resources in different ways.

Binance has reopened its crypto services to users in Syria after the US lifted sanctions in May 2025. Syrians can now trade, send money, and access crypto tools using their local currency.

Two US senators have questioned Meta over possible stablecoin plans, asking for clear answers on its intentions. They raised concerns about privacy, competition, and Meta’s past failed attempt with Libra.

Retailers are increasingly in the crosshairs of cybercriminals—and not just during peak shopping seasons. With outdated access controls and vulnerable networks, many in the sector are finding themselves exposed to a rising wave of sophisticated attacks.

What are some of the most shocking crimes that North Korean hackers have committed? How much cryptocurrency have they stolen? Why is North Korea so good at hacking? Where does all the money go?

HTX, DeFi, SEC, DeFi in-depth research report: SEC new policy, from "innovation exemption" to "on-chain finance", DeFi summer may reappear Golden Finance, DeFi's new frontier of wealth has just started