Shiba Inu's market outlook is improving as most of the selling pressure is gone already.

SBI Shinsei Bank has introduced a campaign that has linked deposit interest payments to cryptocurrency exchange vouchers worth 20% of the interest earned. According to a report by Nikkei, the Japanese bank will begin a three-month promotional program on Wednesday…

• #bitcoin

Charles Hoskinson says Cardano is not merely competing for crypto market share, but for a much larger role: becoming the infrastructure layer for global trust. In a June 8 livestream titled “Why Cardano is the only Ecosystem that can run the world,” the Cardano founder argued that ADA’s long-term value depends on whether the network […]

• #bitcoin
• #Cardano

Apple shares swung nearly 5% from their intraday high, erasing about $230 billion in market value, after the company’s long-awaited Siri AI overhaul drew a muted reaction from investors. A ‘Sell the News’ Moment for Apple’s AI Reset Apple used its Worldwide Developers Conference (WWDC) on June 8 to unveil its biggest artificial intelligence (AI) […]

Humanity Protocol’s H token has crashed nearly 90% after wallets tied to the project were drained of more than $32 million, a breach onchain investigator ZachXBT says may have been “possibly staged.” A Private Key Breach Turns Into a Firestorm The exploit hit Humanity Protocol, an identity-verification network, early on June 9. According to onchain […]

The escalation risks destabilizing regional security, impacting global markets, and straining international diplomatic efforts for peace. The post Israeli military strikes Iranian petrochemical complex linked to missile production appeared first on Crypto Briefing.

The renewed conflict between Iran and Israel heightens geopolitical tensions, impacting global markets and highlighting the fragility of ceasefires. The post Iran’s Khatam al-Anbiya launches missile strikes on Israeli targets as Bitcoin slides to $63K appeared first on Crypto Briefing.

• #bitcoin

TLDR: Bitcoin’s 30-day MVRV fell to -10%, placing it firmly in Fair Buy territory during the May-June correction. Cardano posted the steepest drop at -18%, earning a Strong Buy classification from Santiment’s on-chain data. Ethereum, XRP, and Chainlink all recorded negative MVRV readings, pointing to broad market capitulation conditions. Early price rebounds across flagged assets [...] The post Crypto Market Relief Rally Builds As 30-Day MVRV Flashes Buy Signals Across Top Assets appeared first on Blockonomi.

Chainlink trades near $7.86 as wallets holding at least 1 LINK exceed 535,000, while $8.03 and $8.78 remain the key breakout barriers.

Cardano showed the deepest negative reading, placing it in a stronger historical accumulation zone by MVRV standards.

Singapore has launched the ASPIRE 2B supercomputer, designed to support advanced research in artificial intelligence and high-performance computing. The system is operated by the NSCC, reports TechNode Global. ASPIRE 2B integrates CPU and GPU resources on a single platform. This architecture is essential for large-scale tasks such as AI model training, big data analysis, scientific simulations, and calculations that conventional infrastructure would take too long to perform. According to the publication, ASPIRE 2B is equipped with more than 1500 Nvidia H200 GPUs, providing up to 115 petaflops of computing power. Josephine Teo, the country's Minister for Digital Development and Information, stated that the system represents a significant upgrade to the national computing infrastructure. One of the key applications is climate research. ASPIRE 2B will enable the integration of AI approaches with physical simulations to build more detailed models of extreme rainfall, rising water levels, and other climate risks. Singapore has already utilized NSCC resources in its third national climate change study, creating high-resolution models adapted to the country's urban environment. This data aids in planning coastal protection and long-term development as part of the Singapore Green Plan 2030. Another focus is healthcare and scientific research. The increased capacity is expected to assist in processing medical data, modeling complex biological processes, and accelerating the discovery of new materials. ASPIRE 2B will also be used to develop AI models that better account for the linguistic and cultural diversity of Southeast Asia. According to the minister, NSCC plans to later integrate a quantum computer with ASPIRE 2B. This aims to create a hybrid environment where classical and quantum computing can be used together. Practical applications are still forming, but potential areas include molecular modeling and materials science. The launch of ASPIRE 2B aligns with the updated national AI strategy. Introduced in May, it prioritizes expanding computing capabilities, developing industry-specific AI missions, and strengthening the country's status as an international AI hub. In January, the government announced an investment of over $1 billion in national AI research and workforce development for 2025–2030. The plan covers fundamental AI research, applied developments, and specialist training. In May, China launched 12 satellites into space as part of a project to establish a network of orbital supercomputers led by the startup ADA Space and Zhejiang Laboratory.

BNB price has dropped more than 16% from its recent peak near $720, while a giant megaphone pattern and a failed trendline retest raise the possibility of a deeper correction toward $500. According to data from crypto.news, BNB (BNB) price…

The HALO Act could reshape military AI ethics, emphasizing human oversight and civil liberties, potentially influencing global defense policies. The post Senate Democrat Adam Schiff proposes bill to restrict Pentagon AI use appeared first on Crypto Briefing.

Humanity Protocol’s $31 million exploit has been linked to a genuine private key compromise rather than an insider theft scheme, according to a new assessment from on-chain investigator ZachXBT. According to ZachXBT, further analysis of the stolen funds has led…

Gold stabilizes near $4,330 after Iran-Israel ceasefire. U.S. CPI data Wednesday could reshape Fed policy outlook and impact precious metal direction. The post Gold Hovers at 11-Week Bottom as Middle East Ceasefire Reduces Safe-Haven Demand appeared first on Blockonomi.

Broadcom (AVGO) dropped 20% after Q3 guidance missed expectations, but analysts stay bullish with $600 targets. Record Q2 revenue & AI growth continue. The post Broadcom (AVGO) Stock Plunges Over 20% Despite Record-Breaking Revenue Performance appeared first on Blockonomi.

Escalating tensions risk destabilizing Middle Eastern energy markets, impacting global supply chains and investor confidence across sectors. The post IRGC fires missiles at Israeli petrochemical facility, Bitcoin drops below $63K as risk-off wave hits crypto appeared first on Crypto Briefing.

• #bitcoin

Blackstone's move could reshape liquidity strategies in private equity, potentially influencing other asset managers to adopt similar approaches. The post Blackstone seeks to sell $2B in fund stakes by bundling them into bonds appeared first on Crypto Briefing.

TLDR: Bitrue’s June 2026 report tracks institutional capital moving away from inflationary yield farming models. Real yield strategies backed by RWA yields and borrower interest spreads are replacing token emissions. Andri Fauzan Adziima says sustainable models are laying the foundation for crypto’s next growth phase. The 18-page report offers data-driven portfolio guidance for investors navigating [...] The post Bitrue Research Institute: Why Institutions Are Ditching Yield Farming for Real Yield appeared first on Blockonomi.

Oracle (ORCL) reports Q4 fiscal 2026 earnings Wednesday. Analyst price targets range from $240 to $400. Here's what Wall Street expects from the results. The post Oracle (ORCL) Stock: Should You Buy Before Wednesday’s Q4 Earnings Release? appeared first on Blockonomi.

Rocket Lab (RKLB) stock advanced 3.2% as analysts boost targets to $150, institutions hold 71.78%, and investors seek SpaceX alternatives in public markets. The post Rocket Lab (RKLB) Stock Surges as SpaceX Alternative Gains Traction appeared first on Blockonomi.

Meta (META) stock dropped 6% on equity sale rumors to fund AI expansion. The company projects $125B-$145B in 2026 capex, double its 2025 spending. The post Meta Platforms (META) Stock Drops 6% Amid Equity Sale Speculation for AI Infrastructure appeared first on Blockonomi.

Retail capitulation pushes XRP into Santiment's 'Fair Buy' zone at -8% ahead of crucial Clarity Act voting.

Amazon (AMZN) closes record C$14B Canadian bond deal, drawing double the demand. Part of $70B+ borrowing spree to fund AI and data center expansion in 2025. The post Amazon (AMZN) Completes Historic C$14 Billion Bond Sale in Canada appeared first on Blockonomi.

XRPL’s native lending protocol enters formal verification as Ripple and Common Prefix test Layer-1 code before Mainnet validator activation.

The White House is set to host urgent talks this Wednesday with law enforcement groups.

GSK stock drops 3% after announcing $10.6B Nuvalent acquisition. Deal adds two late-stage lung cancer drugs awaiting FDA approval in 2026. The post GSK (GSK) Stock Slides 3% Following $10.6B Nuvalent Acquisition Deal appeared first on Blockonomi.

Apple (AAPL) stock declined 2% after WWDC 2026. Siri AI upgrades and Google-Nvidia partnership failed to impress investors during Tim Cook's final keynote. The post Apple (AAPL) Drops 2% Post-WWDC 2026 as Siri Revamp Disappoints Wall Street appeared first on Blockonomi.

Pentagon adds Alibaba, Baidu, BYD to Chinese military list, blocking defense contracts. Companies vow legal challenges as stocks slide on designation. The post U.S. Defense Department Designates Alibaba (BABA), Baidu, and BYD as Military-Connected Entities appeared first on Blockonomi.

Oil prices dropped as Iran-Israel tensions eased, but with the Strait of Hormuz blocked and stockpiles depleted, analysts predict triple-digit crude ahead. The post Oil Markets Retreat as Middle East Tensions Ease, But $100+ Barrel Looms appeared first on Blockonomi.

TON Strategy reports $5.6M in May staking rewards with 17.80% annualized yield as Toncoin network upgrades boost validator efficiency and throughput on June 4. The post TON Strategy Generates $5.6M Through May Staking as Toncoin (TON) Network Undergoes Major Enhancements appeared first on Blockonomi.

Hyperliquid (HYPE) surges 10% to $64 as Coinbase becomes USDC deployer with $32M staked. Kraken adds staking while Citrini flags HYPE as compelling buy. The post Hyperliquid (HYPE) Rallies 10% as Coinbase Takes Control of USDC Treasury Operations appeared first on Blockonomi.

The ceasefire between Iran and Israel may stabilize global oil markets, reducing volatility and easing economic pressures worldwide. The post Iran and Israel halt strikes, easing oil price tensions appeared first on Crypto Briefing.

AI's rapid evolution is reshaping industries, with the coding market potentially reaching a $500 billion valuation. The post Alex Sacerdote: AI foundational models may evolve into an oligopoly, coding market could reach $500 billion, and workforce AI penetration is set to soar | Invest Like the Best appeared first on Crypto Briefing.

Tencent's bond sale will gauge global investor confidence in Chinese tech amid shifting narratives from regulatory concerns to AI growth. The post Tencent aims to raise $3B in dual-currency bond offering, its first dollar debt sale since 2021 appeared first on Crypto Briefing.

The strike exacerbates geopolitical tensions, destabilizing markets and highlighting vulnerabilities in global energy and crypto sectors. The post Israel strikes Iranian petrochemical complex, sending shockwaves through crypto and oil markets appeared first on Crypto Briefing.

• #waves

Undercover operations reveal cigarette trafficking as a safer, profitable alternative to drug smuggling for criminal networks. The post Lou Valoze: Tax stamps are crucial for legal cigarette sales, the rise of the illicit vape market reflects changing consumer behavior, and informants play a strategic role in law enforcement | Jordan Harbinger appeared first on Crypto Briefing.

TLDR: Binance equity trading recorded ~84% of first-week volume from emerging market users via stablecoins. Semiconductors and hardware captured ~44% of total fund inflows, reflecting an AI infrastructure bet. Information Technology led sector allocation at 57%, with Funds and ETPs following at a 20% share. Binance equity trading hit ~2% of TradFi-referenced perpetuals volume within [...] The post Binance Equity Trading Hits 2% of TradFi Perpetuals Volume in First Week on AI Sector Bets appeared first on Blockonomi.

Tencent's bond sale highlights strong investor confidence but underscores long-term regulatory risks in China's tech sector. The post Tencent hires banks for $4B dollar and offshore yuan bond sale appeared first on Crypto Briefing.

Schroders' shift to Italian bonds over Treasuries and Bunds highlights a strategic pivot towards yield optimization amid evolving global rate dynamics. The post Schroders loads up on Italian government bonds while ditching Treasuries and Bunds appeared first on Crypto Briefing.

Escalating Israeli airstrikes in Lebanon heighten regional tensions, reducing ceasefire prospects and complicating peace efforts with Hezbollah. The post Israeli airstrikes continue in southern Lebanon amid Hezbollah conflict appeared first on Crypto Briefing.

Dogecoin trades near $0.086 as oversold RSI and whale buying test $0.081 support, with a breakdown exposing the deeper $0.058 channel floor.

Only 29% of large companies believe their infrastructure can scale to meet growing AI demands, according to a study by Tata Communications and Bloomberg Media Studios. The survey included 501 senior executives from firms with revenues of $500 million or more in North America, Europe, and Asia. Despite this, 77% of executives consider AI a board-level priority, while 65% of companies still rely on outdated or developing infrastructure.

Here's what Pioneers need to know about the new update and when it should be deployed.

Bitcoin is changing hands near $63,500, a level analyst Charles Edwards says lines up with the network’s average production cost, i.e. the threshold where the typical miner stops turning a profit. Miners Squeezed to the Break-Even Line The recent selloff has dragged bitcoin back to a price band that has historically marked long-term value. In […]

• #bitcoin

Bitmine's Ethereum acquisition may drive short-term price increases, reflecting institutional confidence and influencing market sentiment. The post Tom Lee’s Bitmine buys $213.5M Ethereum, boosting market confidence appeared first on Crypto Briefing.

The BoE's rate hold signals a cautious stance amid geopolitical tensions, impacting investment strategies and speculative asset valuations. The post Bank of England’s Taylor sees rates on hold barring worst-case scenario appeared first on Crypto Briefing.

The incident underscores escalating tensions and the potential for broader conflict, highlighting the fragile security situation in the region. The post Iran missile strike damages house in Israeli West Bank settlement, no casualties reported appeared first on Crypto Briefing.

The UNDP's Blockchain Advisory Group could shape global blockchain standards, influencing policy and fostering ethical tech adoption worldwide. The post United Nations Development Programme launches Blockchain Advisory Group with 26 member organizations appeared first on Crypto Briefing.

Iran's missile attacks on Israel could escalate regional tensions, prompting increased military responses and impacting geopolitical stability. The post Iran launches missile attacks on Israel, signaling aggressive ambitions appeared first on Crypto Briefing.

OpenAI has confidentially submitted an S-1 filing to the US Securities and Exchange Commission (SEC) for a potential IPO. This allows the regulator to review the documents before detailed financial information is made public. OpenAI stated that it has not yet decided on the timing of further actions. The company indicated it might remain private for some time, as certain tasks are easier to manage outside the public market. However, filing the documents leaves open the possibility of a quicker market debut if deemed optimal. Earlier, The Wall Street Journal, citing sources, reported on a possible OpenAI IPO in September, as well as the involvement of Goldman Sachs and Morgan Stanley in preparing the deal. The new statement from the company did not confirm these timelines. According to Reuters, OpenAI is preparing for a public offering with a valuation of $1 trillion. This could become one of the largest IPOs in history, although conditions may change depending on business growth and overall market conditions. OpenAI is planning to transform ChatGPT into an AI super app and aims to accelerate revenue growth ahead of its market debut. In June, it was reported that the US state of Florida accused the startup and CEO Sam Altman of aggressively promoting the ChatGPT chatbot among teenagers and demanded a ban on controversial practices with the imposition of fines.

Trump's optimistic timeline for an Iran peace deal could boost diplomatic engagement but may also lead to market volatility and geopolitical shifts. The post Trump predicts Iran peace deal within ‘two or three days’ amid halted exchanges appeared first on Crypto Briefing.

Bitcoin trades near $63K as SpaceX IPO approaches. Tether dominance surges while AI stocks fuel market optimism. Latest crypto and equity updates. The post Bitcoin (BTC) Consolidates Around $63K While Markets Eye SpaceX Debut and AI Momentum appeared first on Blockonomi.

• #bitcoin

OpenAI files confidentially for US IPO with $1T valuation target. Generating $2B monthly revenue but no profit until 2030. ChatGPT has 900M weekly users. The post OpenAI Secretly Files for IPO Alongside Anthropic and SpaceX in Tech Market Rush appeared first on Blockonomi.

Chainlink (LINK) holds near $8 as wallet count reaches 3-year high of 535,650. ETF inflows top $101M with key resistance at $8.13–$9.04 ahead. The post Chainlink (LINK) Wallet Addresses Surge to 3-Year Peak as Price Consolidates Around $8 appeared first on Blockonomi.

Bitcoin trades near $63,200 as weak futures activity, oversold RSI and U.S inflation data test whether its rebound can reclaim $64,200 again.

• #bitcoin

WLD and ZEC have risen the most over the past 24 hours, ADA has also tried to stage a comeback after the recent crash.

• #bitcoin

Phinergy's collaboration with tech giants could revolutionize sustainable energy solutions, potentially transforming data center power systems globally. The post Phinergy partners with Google, Microsoft for clean backup power systems appeared first on Crypto Briefing.

The escalation highlights geopolitical instability's impact on global markets, emphasizing the need for investors to monitor diplomatic developments. The post Explosions rock Tehran as Israel and Iran trade air strikes, Bitcoin dips toward $63K appeared first on Crypto Briefing.

• #bitcoin

ChainLink welcomes fresh market inflows that can create a cushion for a retrace.

Solana (SOL) rebounds from $60 to $64.85 as oversold indicators reach historic levels. Analysts identify potential accumulation zone for SOL price. The post Solana (SOL) Finds Support at $60: Are We Witnessing a Historic Buying Opportunity? appeared first on Blockonomi.

Google is adding call verification to Pixel phones in the latest Android update, using the Phone by Google app to create a secure handshake between two devices and flag spoofed numbers. The system pings a contact’s actual handset in real time and warns users if the call doesn’t originate there, with broader RCS-based rollout planned. […]

Bitget has launched Stocks 2.0, an upgraded tokenized equity product designed to improve liquidity, transparency, and capital efficiency. The rollout includes 36 stock-linked assets tied to major U.S. equities and ETFs. Bitget Targets TradFi Users as Tokenized Stock Volume Tops $1 Billion Bitget is expanding its tokenized stock business with the launch of Bitget Stocks […]

Kalshi has signed a multi-year global deal making sports-data company Sportradar its official data and integrity provider, giving the prediction market official league feeds and surveillance tools as it fights state efforts to brand its contracts illegal betting. Official data, and an integrity shield The agreement gives Kalshi official data and live odds across Major […]

Dogecoin (DOGE) climbs 2% to $0.086 as whales accumulate 200M+ tokens. $296M in shorts face liquidation at $0.10 while critical support holds at $0.081. The post Dogecoin (DOGE) Eyes $0.10 Breakout as $296M in Short Positions Face Squeeze appeared first on Blockonomi.

Strategy sold 32 bitcoin then bought $101M more. Mining CEO says the company can withstand BTC dropping to $30K without forced selling pressure. The post Strategy’s Bitcoin Holdings Under Scrutiny After Rare Sale and Quick Rebound appeared first on Blockonomi.

• #bitcoin

SAHARA fell 55% as Sahara AI denied insider selling, saying a 600M-token transfer funded its Chainlink CCIP bridge before the sharp selloff.

Strategy’s growing preferred stock obligations and reliance on Bitcoin-backed financing have increased the risk to common shareholders, while the company’s stock continues to trade about 31% above its estimated net asset value, according to a Fortune analysis. Fortune warned that…

Humanity Protocol lost over $30M in a private key security breach, causing H token to crash 85%. Learn about the attack and its impact on the crypto project. The post Humanity Protocol (H) Suffers $30M Security Breach as Token Plunges 85% appeared first on Blockonomi.

XRP has crashed 68% from its July 2025 peak to $1.14, reaching a 19-month low. Analysts eye $0.90 as a potential long-term entry point. The post XRP Crashes 68% From Peak: Could the Cycle Low Be Near? appeared first on Blockonomi.

Bitcoin crashed 14% last week after Strategy sold BTC for the first time since 2022. Arca's CIO disputes Saylor's AI explanation, citing forced selling fears. The post Strategy’s Tiny Bitcoin Sale Triggers Market Panic as BTC Plunges Below $61K appeared first on Blockonomi.

• #bitcoin

Ethereum trades at $1,691 after BitMine bought 126K ETH. Technical indicators show bearish signals, but analysts see accumulation zone. Key support at $1,500. The post Ethereum (ETH) Price Climbs 14% After BitMine’s Massive Accumulation — Key Levels Ahead appeared first on Blockonomi.

RippleX Developers said formal verification work on the XRP Ledger is moving from the long-running Payment Engine to newer native DeFi protocols, including Single Asset Vault and the upcoming Lending Protocol, marking a shift toward proving protocol correctness before high-stakes features are shipped. In a June 8 post, Vito Tumas, writing for RippleX Developers, said […]

The expanded screening rules may deter foreign investments in Dutch tech sectors, potentially impacting innovation and international collaborations. The post Dutch government expands investment screening rules to include AI and biotech appeared first on Crypto Briefing.

The RBI's aggressive forex defense could strain future reserves, potentially destabilizing investor confidence and boosting crypto interest. The post Reserve Bank of India’s forex defense tool surpasses $110 billion as rupee slides appeared first on Crypto Briefing.

The stablecoin world has long been led by just a few big names. But that could change soon as major payment firms step in with fresh ideas. What Is Happening in the Stablecoin Space Stablecoins are digital tokens tied to […] The post Why Visa and Mastercard Stablecoin Plans Face Tough Roadblocks Ahead appeared first on Blockmanity.

At WWDC 2026, Apple introduced Siri AI, a new version of its assistant powered by Apple Intelligence for its main line of gadgets. The English-language test solution will launch later in 2026. The updated AI-based Siri can understand personal context and screen content, access current internet data, and perform actions with apps. The assistant can search for information in messages, mail, photos, and other sources. Source: Apple. Source: Apple. Apple Intelligence supports everyday system scenarios: in Passwords, the system can automatically update weak and compromised passwords; Safari now includes Notify Me for tracking page changes and Describe an Extension for creating extensions via text request; Messages and Mail feature contextual suggestions and Smart Reply tailored to the user's style; in Phone, the Call Context function loads relevant data during a company call, such as a booking code or confirmation number; Calendar allows creating and modifying events through text descriptions; Shortcuts' Describe a Shortcut function enables assembling action chains via description. Apple clarified that Siri AI is built on the next generation of Apple Intelligence and uses Apple Foundation Models (AFM), which operate both locally on the device and via the cloud. When processing requests remotely, user personal data is neither stored nor transmitted. Source: Apple. The company also updated developer tools. The AFM stack, which the company calls a native Swift API, now supports multimodal requests and external language models like Claude and Gemini. The announcement comes amid controversy over delays of previous Siri AI features. In May, Apple agreed to settle a $250 million consumer class action lawsuit. The company was accused of overstating the advertised capabilities of artificial intelligence before the release of Phone 16. Earlier, in February, media reported on Apple's plans to release an AI pendant and headphones with cameras.

THORChain asks validators to approve v3.19.0, adding vault quarantine and TSS checks before signing, liquidity actions and trading resume.

Metaplanet has reiterated that share buybacks remain a potential capital allocation tool after its mNAV ratio fell to 0.92x, a level the company says could support accretive purchases for shareholders. According to a June 9 post from Metaplanet CEO Simon…

Humanity Protocol urged users to avoid bridges and liquidity pools.

TLDR: Arthur Hayes says AI borrowing absorbed liquidity that could have flowed into Bitcoin markets. Maelstrom sold HYPE, NEAR, WLD and ZEC while retaining Bitcoin and Ether positions. Hayes tied Bitcoin’s 2025 peak to accelerating AI capital expenditure and debt issuance. Rising energy costs and major AI IPOs feature prominently in Hayes’ current market outlook. [...] The post Arthur Hayes Sells Altcoins, Keeps BTC as AI Risks Grow appeared first on Blockonomi.

• #litecoin
• #bitcoin

Ethereum (ETH) rebounds to $1,691 as BitMine accumulates 126K tokens. Mixed ETF flows and bearish technicals keep $1,500 support level critical. The post Ethereum (ETH) Price Climbs 14% After BitMine’s Strategic Purchase — Where To Next? appeared first on Blockonomi.

The escalation highlights geopolitical tensions' impact on crypto markets, underscoring the vulnerability of exchanges in conflict zones. The post Explosions rock central Tehran as Israel and Iran trade airstrikes, rattling crypto markets appeared first on Crypto Briefing.

China's May 2026 exports are forecast to grow 15% YoY as front-loaded orders and surging semiconductor demand reshape trade flows across Asia. The post China exports expected to rise 15% in May as front-loaded orders and chip demand surge appeared first on Crypto Briefing.

WiMi Hologram Cloud is exploring multi-dimensional data pooling technology based on variational quantum algorithms. This is stated in the company's press release. The approach combines the Quantum Haar Transform, partial quantum measurement, and a hybrid scheme of parameterized quantum circuits and classical optimizers. According to WiMi, this architecture is designed to reduce the dimensionality of high-dimensional data while preserving local features. Pooling in machine learning is used to reduce data volume while retaining significant features. WiMi claims that the quantum scheme can perform this operation directly on multi-dimensional data without first converting it to a one-dimensional form. The company identified potential applications in audio data, images, 3D point clouds, and hyperspectral data. WiMi did not provide a timeline for commercial implementation. WiMi Hologram Cloud is listed on Nasdaq under the ticker WIMI and specializes in holographic cloud and AR solutions. Back in May, scientists from ETH Zurich developed a method for creating mathematically perfect randomness. The technology addresses the vulnerability of digital systems and cryptography.

Charles Hoskinson says Cardano's four pillars can cut global trust costs, but weak ADA prices and falling TVL now test the wider vision too.

• #Cardano

Sam Bankman-Fried formally petitions DOJ for presidential pardon while serving 25 years for FTX fraud. Trump previously stated he won't grant clemency. The post FTX Founder Sam Bankman-Fried Seeks Presidential Pardon From Trump Administration appeared first on Blockonomi.

Bitcoin and other cryptocurrencies have come under renewed macro scrutiny after reports indicated that the Bank of Japan is preparing to raise its benchmark interest rate to 1.0% from 0.75% at its June 15–16 policy meeting. Japanese financial newspaper Nikkei…

Bitcoin's recovery highlights investors' belief that BTC is discounted, but weak futures market activity could slow the rebound.

• #bitcoin

Autonomous AI and crypto could have “far-reaching consequences for users and the financial system,” IC3 researchers said.

Crypto lobby groups representing hundreds of organizations urged Senate leaders in a letter to schedule a vote on a key crypto bill ahead of the midterms.

Delayed rate cuts may sustain tighter financial conditions, impacting investment strategies and potentially curbing speculative asset growth. The post Goldman Sachs pushes Fed rate-cut forecast to 2027 on strong jobs data appeared first on Crypto Briefing.

The shift to semi-monthly dividends may stabilize STRC's market price by reducing ex-dividend volatility, potentially enhancing liquidity. The post Strategy shareholders approve semi-monthly dividends for STRC, first payment set for July 15 appeared first on Crypto Briefing.

The instability of Texas's power grid due to data centers and crypto miners could hinder economic growth and increase regulatory pressures. The post ERCOT warns of blackout risks as data centers and crypto miners trip offline during grid disturbances appeared first on Crypto Briefing.

Bitcoin ETFs record $1.72B in outflows during week four of redemption streak. BTC rebounds to $63,715 on ceasefire announcement as BlackRock IBIT leads exits. The post Bitcoin (BTC) ETFs Bleed $1.7 Billion as Four-Week Outflow Streak Continues appeared first on Blockonomi.

• #bitcoin

Ethereum trades near $1,691 as bearish MACD and Aroon readings keep $1,500 support in focus, while BitMine adds 126,971 ETH on weakness now.

In the past 24 hours, Bitcoin rose by 0.6%, while Ethereum increased by 1.4%. The leading cryptocurrency traded within the range of $62,408–$64,200, closing the period in the middle of this corridor, whereas ETH moved between $1,645 and $1,714.5.

• #bitcoin

The escalation heightens geopolitical tensions, impacting global markets and investor sentiment, with potential long-term economic repercussions. The post Iran launches missile attack on Israel, rattling crypto markets as Bitcoin slides appeared first on Crypto Briefing.

• #bitcoin

Saudi Arabia's price cut signals shifting power dynamics in global oil markets, highlighting Asia's growing influence and demand uncertainties. The post Saudi Arabia slashes July oil prices for Asia by $6 as demand cools appeared first on Crypto Briefing.

Circle has launched cirBTC on Ethereum, introducing a wrapped Bitcoin token backed 1:1 by BTC and supported by onchain reserve verification through Chainlink Proof of Reserve. According to Circle, cirBTC is now live on Ethereum and is designed to bring…

• #bitcoin