More than 200 cryptocurrency companies and lobbying groups urged U.S. Senate leaders to schedule a floor vote on the CLARITY Act without delay. According to NS3.AI, Galaxy Digital research head Alex Thorn lowered his estimated probability of the bill passing in 2026 to 60%, down from 75%. Thorn attributed the change to reduced available Senate floor time and a lack of visible progress on provisions related to ethics and illicit finance.

SpaceX is preparing for a record initial public offering (IPO), while investor Steve Eisman said the company’s prospectus raised warning signs tied to rising capital spending. According to Odaily, Eisman, who was portrayed as the trader who bet against the housing market in the film The Big Short, said in a CNBC interview on Monday that he does not plan to short SpaceX shares at the time of the IPO but is concerned about the company’s artificial intelligence business. Eisman said SpaceX’s capital expenditures have increased significantly, describing the company as becoming highly capital-intensive. He cited figures showing that in fiscal year 2023, capital expenditures accounted for 42% of revenue, while in the most recent quarter they reached 215% of revenue.

Binance Blog published a new article, revealing insights into a recent trend in stablecoin adoption across emerging markets and how users apply stablecoins in everyday financial life. The article says stablecoins, originally designed to reduce volatility in digital assets, have become practical tools for getting paid, preserving savings, and running businesses where traditional financial systems can be slow or inaccessible. It reports that 73% of global stablecoin savers are based in emerging markets, and that 36% of Binance users in those markets keep at least half of their portfolio in stablecoins. Binance data cited in the article also shows stablecoin holders on the platform increased from 4% of users in 2020 to 28% in 2026. Among users with at least $10 in assets, 28% hold half or more of their portfolio in stablecoins, rising to 36% in emerging markets. The post adds that stablecoins account for 96% of all payment transactions on Binance Pay, which serves 48 million users globally and has processed more than $280 billion in transaction volume since 2021. The article illustrates these trends through three user accounts. In Kenya, Nairobi-based creator and media strategist James Mumo said he first learned about stablecoins after a European company asked to pay him that way, and he received the payment instantly after sharing his Binance account details. He later began paying his video editor every two weeks through Binance Pay, citing dollar-equivalent value and no fees when sending on the same platform. Mumo said stablecoins address delays and failures in international payments and can also function as a savings tool when local currency loses value. He added that stablecoins could lower remittance friction by enabling relatives abroad to send funds that arrive instantly in dollars and can be spent locally the same day. In Brazil, digital creator Igor Freitas said stablecoins became part of his daily routine after he entered crypto, emphasizing speed and flexibility, including using Binance Pay to buy two iPhones with “two clicks.” He said stablecoins can help users hold value in digital dollars and move between crypto and local currency, while challenging the idea that crypto necessarily implies volatility. In India, crypto educator Kashif Raza said he entered crypto in 2017 and later turned to stablecoins after finding transaction fees impractical for small payments, calling stablecoins a gateway to broader crypto use. He said stablecoins help him run his business, pay people, and support freelancers and digital workers, while also offering a way for people without banking access to preserve wealth against inflation.

Arthur Hayes said traditional financial exchanges are preparing perpetual futures products that could put pressure on Hyperliquid. According to NS3.AI, Hayes disclosed on June 4 that he had sold his entire HYPE position. Dune data shows Hyperliquid has repurchased 26.6 million HYPE and burned 579,603 HYPE as of June 7, 2026.

What truly matters is never whether it will rise, but whether you can live long enough for it to rise to that point.

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

Think of Claude Code as a horse (or a person), not a chariot. The chariot turns under your command, the horse has its own ideas, and we only need to set the goals and boundaries.

With the increasing prevalence of U-cards, many advertised zero-fee and high-cashback offers conceal hidden costs and restrictions. This article reviews 16 U-cards, categorized by applicable scenarios, to help Chinese users quickly find the right card for them.

The truth behind the Rockefeller escape myth: The end of the bull market was not due to overheated sentiment, but rather the exhaustion of new funds. Current market buying volume has been concentrated, so it is advisable to be wary of the "tail end of the rally" and gradually take profits.

Serenity, US stocks, "White-haired female stock god" recommends A-shares to hit the daily limit again. Who is she? Golden Finance, some speculate that the stock god is Chinese.

When the answer is readily available to everyone, what is truly scarce is no longer the answer itself, but the ability to judge the answer.

In the $320 billion stablecoin market, Tether and Circle hold 90% of the share.

Amid a global sell-off in tech stocks, Nvidia CEO Jensen Huang not only didn't shy away from the issue, but instead characterized the decline as a good buying opportunity.

On June 5, the U.S. Congress officially published the American Reserve Modernization Act on its website.