● The US stock market is suspected to be abnormal due to software failure. Chainlink CEO emphasizes the importance of blockchain technology

According to PANews, in the early trading of the U.S. stock market on June 3, due to suspected software failures, the prices of major stocks such as Berkshire Hathaway, McDonald's and Wells Fargo plummeted by 99.9%. The incident has raised concerns about the highly centralized structure of the traditional financial system.

In an interview, Chainlink co-founder and CEO Sergey Nazarov emphasized the importance of blockchain technology, saying that Chainlink’s decentralized oracle network can reduce these risks by providing accurate, tamper-proof data. . These networks aggregate data from various sources and use consensus mechanisms to verify information, ensuring data integrity and preventing erroneous transactions and price manipulation. He further emphasized that the integration of blockchain technology will allow for real-time verification and automated response to anomalies, thereby significantly improving the reliability and transparency of financial markets.

● Data: Bitcoin has only had five strong trading days in the past 90 days, and the market may be more cautious than in historical bull markets

According to TechFlow, according to glassnode data, there have been only 5 trading days with strong Bitcoin prices in the past 90 days. In contrast, in previous cycles, this number reached 18 to 26 days. This shows that the current market may be more cautious than the historical bull market.

● QCP Capital: The market is bullish and we expect Ethereum spot ETF to bring new demand

According to Odaily Planet Daily, QCP Capital said that despite the negative news about Mt.Gox and the DMM hack last week, the market remains stubbornly bullish. QCP Capital believes that the market continues to be bullish because the market is waiting for new demand from the Ethereum spot ETF. The options market reflects this, with Ethereum volatility still 15% higher than Bitcoin volatility. Another reason for continued bullishness is that speculators are increasing their long positions in anticipation of the approval of spot ETFs for other mainstream cryptocurrencies in the near future.

● CoinShares: Digital asset investment products have received inflows for four consecutive weeks, totaling $185 million

According to Odaily Planet Daily, CoinShares' latest weekly report shows that digital asset investment products have received inflows for the fourth consecutive week, totaling $185 million, of which $2 billion flowed in May, bringing the year-to-date inflows to over $15 billion. Bitcoin received $148 million inflows, and short-selling funds for Bitcoin saw outflows of $3.5 million for another week; Ethereum received $33.5 million inflows, with net inflows for two consecutive weeks, while Solana received $5.8 million inflows.

● Wisconsin Investment Committee purchases $160 million in Bitcoin ETF

According to Odaily Planet Daily, a university professor from the Wisconsin Investment Committee purchased $160 million in Bitcoin ETFs. Previously, the Wisconsin Investment Committee held $64 million in Grayscale GBTC and $99 million in BlackRock IBIT.

● Bitcoin ETFs enter TV show discussion, demonstrating accessibility and reach

According to Odaily Planet Daily, Bloomberg ETF analyst Eric Balchunas said that Bitcoin ETFs have entered the discussion range of TV programs, which largely illustrates the accessibility and coverage that spot Bitcoin ETFs bring to this asset class. It is worth noting that all this happened in less than six months.

● BlackRock purchased approximately $6.1 million worth of MSTR shares through the iShares MSCI ACWI ETF

According to TechFlow, BlackRock purchased shares of MSTR through its iShares MSCI ACWI ETF, worth about $6.1 million. MSTR is currently trading at about $1,524, up 123% year-to-date, and pre-market trading shows a nearly 5% increase. Earlier news, index provider MSCI announced that Microstrategy was included in the MSCI ACWI Index.

● Australia's first spot Bitcoin ETF will start trading today

According to PANews, Watcher.Guru reported that Australia's first spot Bitcoin ETF will begin trading today.