Jeffrey Huang is currently maintaining a 25x leveraged long position involving 2,200 ETH, valued at $4.33 million. According to NS3.AI, Hyperscan data reveals that his entry price for this position is $2,009, with a liquidation price set at $1,946.

The U.S. Senate has reconvened after the Memorial Day recess with a limited legislative window of about four weeks before the two-week recess for Independence Day, putting pressure on the advancement of the Clarity Act, a crypto market structure bill. According to Odaily, the Senate's agenda is crowded with priorities such as Homeland Security appropriations, additional Pentagon budget requests, and the extension of FISA Section 702 authorization. Even if the Clarity Act reaches the review stage, the voting process could take one to two weeks. The bill is currently in the coordination phase between the Senate Banking Committee and the Agriculture Committee, with some key provisions still under negotiation. Previous debates over stablecoin yields have consumed significant political resources, and the focus has now shifted to unresolved differences in the Agriculture Committee's version. The bill requires 60 votes in the Senate to overcome a filibuster, making bipartisan consensus crucial. Several Democratic senators have indicated that ethical constraints on government officials' crypto asset holdings and regulatory authority over DeFi by law enforcement agencies will be essential for their support. Analysts suggest that even if the bill is not passed before July 4, it could still progress before the August recess. However, if delayed into the election cycle, its political momentum may face uncertainty.

Crypto and equities are telling two completely different stories about the current market. Global equities hit fresh all-time highs on Monday as Nvidia announced entry into the Windows laptop market and SoftBank surged up to 11% on its OpenAI and Arm holdings — with the MSCI All Country World Index gaining 0.2% and Asian equities advancing 1.1% to a record. Bitcoin, meanwhile, extended its slide to $71,382, completing a record 10-consecutive-day outflow streak from US spot ETFs that drained $2.97 billion from the complex in two weeks.The divergence between AI-driven equity exuberance and crypto's sustained institutional retreat is the defining market dynamic of the current moment — and understanding which side eventually moves to meet the other may be the most important trade setup of 2026.The record ETF outflow streak: 10 days, $2.97 billionUS spot Bitcoin ETFs logged outflows for a tenth consecutive session on Friday, breaking the previous record of eight consecutive outflow sessions set in early 2025. Daily outflows ranged from $70 million to $733 million across the period, with the steepest single-day exit of $733.43 million recorded on May 27 — the largest since January.Total net assets across US spot Bitcoin ETFs fell from $104.29 billion on May 15 to $94.17 billion by Friday — a $10 billion decline in two weeks. BlackRock's IBIT accounted for approximately $2.04 billion of the cumulative outflows, including a near-record single-day redemption of $527.84 million on May 27.Ethereum ETFs are running an even longer streak. Spot Ether ETFs logged outflows across 14 consecutive sessions from May 11 to Friday, with cumulative redemptions of approximately $2.6 billion reducing total net assets from $13.85 billion to $11.27 billion over the same window.Why crypto isn't tracking equitiesCrude oil above $93 per barrel is the primary explanation for crypto's failure to participate in equity market euphoria. Brent climbed back above $93 as efforts to reopen the Strait of Hormuz showed little progress and Middle East tensions remained elevated — sending Treasuries lower across the curve and maintaining the inflation re-acceleration narrative that has pushed Federal Reserve rate hike odds above 68% for year-end.While AI earnings momentum is powerful enough to lift technology stocks through the macro headwind — Nvidia's laptop market entry and SoftBank's AI portfolio gains drove equity records even as oil surged — crypto remains more directly sensitive to the rate and inflation outlook. A higher-for-longer Fed removes the liquidity tailwind that has historically underpinned Bitcoin's institutional bid, while elevated oil keeps the inflation story running in the wrong direction for risk-free rate comparisons with staking yields.Bitcoin fell 4.6% over seven days to $73,397. Ethereum lost the same 4.6% to $1,996. Solana and TRON each dropped 3.7%. Dogecoin slipped 1.6%.Santiment's contrarian read: peak fear signals a bottom is nearAgainst the bearish flow data, crypto analytics firm Santiment offered a contrarian interpretation. "History has shown that extreme ETF outflows typically work well as a contrarian indicator, since prices move opposite to trader expectations," the firm wrote on X.Santiment pointed to November 2025, when a nearly $904 million single-day ETF outflow occurred close to a major market low before prices recovered strongly. "Consider the massive level of money moving out as a sign that we are getting closer to the local bottom some patient investors have been waiting for," the firm said — describing the current outflow environment as reflective of "peak fear, frustration, or risk aversion" rather than a structural breakdown in institutional demand.The contrarian case has precedent but requires patience. The November 2025 example demonstrates that record outflow events can mark bottoms — but the timing of the recovery is uncertain and depends on catalysts that are external to the ETF flow data itself.The macro lift crypto was waiting for is no longer obviously comingThe most sobering conclusion from the week's data is that the geopolitical and macroeconomic catalyst Bitcoin needed to reverse its outflow trend has not materialized. The Iran ceasefire optimism that briefly recovered $75 billion in crypto market cap on Trump's "largely negotiated" peace announcement has given way to stalled talks, fresh US military strikes, and oil back above $93. The Federal Reserve rate cut expectations that underpinned April's rally have been replaced by 68% rate hike odds. And Strategy's first Bitcoin sale in four years has introduced a new source of psychological pressure that did not exist two weeks ago."Crude's bounce above $93 and the stalled Iran deal mean the macro lift crypto was waiting on is no longer obviously coming," as one analyst summarized. "The ETF flows that powered last year's rally have gone the other way for ten straight sessions."The historical pattern of Bitcoin decoupling from software stocks — which preceded major rallies in 2023 and 2024 — provides the most compelling structural bullish case. But translating that pattern into a near-term price recovery requires the resolution of at least one of the multiple concurrent headwinds that have kept institutional capital in outflow mode for a record-breaking stretch.

Microsoft is set to unveil a new artificial intelligence model along with improvements to its Windows operating system. According to Odaily, the announcement was reported by U.S. tech media outlet The Verge. The updates are expected to enhance user experience and integrate advanced AI capabilities into Microsoft's software offerings.

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Jinse Finance launches the "Jinse Web3.0 Daily," providing you with the latest and fastest news on AI, DeFi, DAO, NFT, and the metaverse industry.

With attention, liquidity, and user trading desires all shifting towards AI stocks and traditional assets, crypto exchanges certainly won't just sit idly by waiting for the next round of new coin narratives.

The report argues that stablecoins will strengthen the dollar's dominance in the short term and pose a risk to the monetary sovereignty of emerging markets and developing economies. Their long-term trajectory will depend on their adoption models, regulatory responses, and synergy with the digital finance ecosystem.

With the narrative of crypto-native assets gradually fading and liquidity continuing to shrink, leading exchanges need new growth stories to maintain their platform valuations and market positions.

The era of Bitcoin dominating the crypto world has ended. According to Jinse Finance, the future development of the crypto industry will be decoupled from the price of Bitcoin.

As silicon becomes the operating layer of civilization, peace must be guaranteed—like a room at every level: the dining table, the house, and the gatherings they represent.

When an industry has only one option, the problem is often not whether power will be abused, but when it will be abused.

Binance, the world's largest cryptocurrency exchange, announced on Monday that its users will be able to trade more than 7,000 US stocks and ETFs.

Can power be seized without a key? If the plaintiff wins this case, any dormant Bitcoin could be claimed by someone else through the courts.