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New York City Comptroller Opposes Mayor's Proposed Bitcoin Bond Plan

1 days ago

On May 31st - As reported by Bloomberg, the New York City Comptroller Brad Lander turned down Mayor Eric Adams' proposal to issue a municipal bond in support of Bitcoin. Brad Lander, who is jointly in charge of bond issuance along with the Mayor's Office of Management and Budget, declared that during his tenure, New York City will not issue Bitcoin-backed bonds. "The volatility of cryptocurrency is not adequate to finance our city's infrastructure, affordable housing, or schools." "Putting forward that New York City open its capital plan to cryptocurrency could subject our city to new risks and erode the trust of bond buyers in our city." Brad Lander is a Democrat and is the successor to Mayor Eric Adams, who won the November mayoral election. Eric Adams is currently running as an independent candidate.
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Bitcoin June Historical Return: 6 Rises, 6 Falls Since 2013

On June 1st, according to Coinglass data, within the history of Bitcoin, among the 12 "June" market trends since 2013, there have been 6 increases and 6 decreases. The largest increase took place in June 2016, with a monthly gain reaching 27.14%. The largest decrease occurred in June 2022, with a monthly loss reaching 37.28%. From 2013 to the present, the average return rate of Bitcoin's "June" market trends is -0.35%.

17 minutes ago

FLOCK has surged over 60% in the past 24 hours, with Bithumb and Upbit previously adding its trading pair on the same day

On June 1st, based on market data, FLOCK has seen a surge of more than 60% in the past 24 hours and is currently trading at $0.188. On May 30th, both Bithumb and Upbit added FLOCK trading pairs on the same day.

17 minutes ago

James Wynn's Whale Following is currently still holding a high-leverage BTC, ETH long position worth $2.72 billion

On June 1st, as monitored by The Data Nerd, a whale following James Wynn on Hyperliquid still maintains a high-leverage long position in BTC/ETH worth $2.72 billion. The BTC long position is leveraged more than 30 times with a liquidation price of $94,766. The ETH long position is leveraged more than 25 times with a liquidation price of $1,984.

17 minutes ago

Two new addresses withdrew 14,739 ETH from a CEX today.

On June 1st, according to the monitoring of The Data Nerd, two new addresses withdrew 14,739 ETH from Coinbase and Kraken today. Among them, 0xD22 withdrew 10,781 ETH ($27.18 million); 0xd46 withdrew 3,958 ETH ($9.99 million).

17 minutes ago

Metaplanet CEO: Bitcoin's Volatility is Not a Bug, But a Signal and Fuel

On June 1st, Simon Gerovich, the CEO of the Japanese-listed company Metaplanet that adopts the Bitcoin Treasury strategy, stated in a post on the X Platform that volatility is not a flaw of Bitcoin but rather a signal, a form of energy, and a fuel. Volatility drives Bitcoin's flywheel and accelerates the accumulation of Bitcoin. Most importantly, Bitcoin's volatility is attractive to capital.

17 minutes ago

Loud!：LOUD IAO Claiming is Now Live

On June 1st, as per official channels, Loud! declared that the IAO's claim for the LOUD token is currently in effect. As of the moment of composition, the market capitalization of LOUD briefly dipped below $10 million and is currently at $9.37 million.

17 minutes ago

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