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.

看对大方向其实没那么难，难的是承认自己在数字、速度和分布上一次次想当然。

金色财经推出《金色Web3.0日报》，为您提供最新、最快的AI、DeFi、DAO、NFT和元宇宙行业新闻。

当注意力、流动性和用户交易欲望都在往 AI 股票和传统资产那边走，加密交易所当然不会只在原地等下一轮新币叙事。

报告认为，稳定币短期将强化美元主导地位，对新兴市场和发展中经济体货币主权构成风险，长期走向则取决于其采用模式、监管应对与数字金融生态协同。

在加密原生资产的叙事逐渐衰退、流动性持续萎缩的背景下，头部交易所们需要新的增长故事来维持平台的估值和市场地位。

BTC,比特币主导 Crypto 的时代 结束了 金色财经,未来，加密行业的发展将与比特币价格脱钩。

随着硅成为文明的运行层，和平必须得到保障——就像一个房间，在各个层面上：餐桌、房屋，以及它们所指向的聚会。

当一个行业只有一个选择时，问题往往不是会不会滥用权力，而是什么时候滥用权力。

全球最大加密货币交易所币安于周一宣布，其用户将能够交易超过7000种美股和ETF。

没有密钥也能夺权？若此案原告胜诉，任何休眠比特币都可能被他人通过法院认领。