1. The seasonally adjusted non-farm payrolls in the United States increased by 272,000 in May, and the unemployment rate rose to 4% in May
The seasonally adjusted non-farm payrolls in the United States in May increased by the largest amount since March this year, higher than market expectations and significantly higher than the 175,000 in the previous month. The U.S. unemployment rate rose to 4.0% in May, the first time since January 2022, higher than market expectations, and had remained below 4% for 27 consecutive months.
2. Arthur Hayes: Will go long on Bitcoin, then long on altcoins
Arthur Hayes pointed out in the article that this week's interest rate cuts by the Bank of Canada and the European Central Bank kicked off, which will help cryptocurrencies get rid of the slump in the northern hemisphere summer. This was not expected. It was originally thought that this event would start in August. He will go long on Bitcoin and then go long on altcoins. Arthur Hayes said: Compared with my benchmark, the macro situation has changed. Therefore, my strategy should also change accordingly, and he suggested that Maelstrom portfolio projects issue tokens now.
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3. Shima Capital founder suspected of misappropriating assets
Shima Capital founder Yida Gao created a secret offshore entity without the knowledge of investors and funneled assets from his venture fund into a company established in his own name, a move that made it difficult for him to raise more money. In late 2022, Shima’s investors began to discover the ownership structure, as well as valuation discrepancies, which led them to alert Shima’s management.
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4. Bitcoin spot ETF had a total net inflow of US$218 million yesterday, continuing its net inflow for 18 consecutive days.
Yesterday, Grayscale ETF GBTC had a net outflow of $37.574 million in a single day, and the current historical net outflow of GBTC is $17.897 billion. The Bitcoin spot ETF with the largest net inflow in a single day yesterday was BlackRock ETF IBIT, with a net inflow of $350 million in a single day. Currently, the total net inflow of IBIT has reached $17.431 billion. The total net asset value of Bitcoin spot ETF is currently $62.335 billion, and the ETF net asset ratio is 4.47%, with a historical cumulative net inflow of $15.555 billion.
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5. Tether currently holds 25% of BitDeer’s shares and is the second largest shareholder
According to a recent filing by the U.S. Securities and Exchange Commission, Tether has become the second-largest shareholder of Bitcoin mining company Bitdeer, currently holding a 25% stake in the company. Earlier in late May, Bitdeer announced that it had received up to $150 million in private placement financing from Tether. The deal included a warrant that allowed Tether to purchase up to 5 million additional shares at $10 per share over the next year.
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6. CoinGecko: Its third-party email platform GetResponse suffered a data breach on June 5
CoinGecko officially announced that its third-party email platform GetResponse suffered a data breach on June 5, and affected users have received direct notifications via email. It is reported that the attacker exported 1,916,596 contacts from CoinGecko's GetResponse account and sent phishing emails to 23,723 emails from another GetResponse customer's account (alj.associates). Never click on unfamiliar emails or links. CoinGecko is investigating this situation and notification and will thoroughly review its security procedures.
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