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AI Sector Token Surges Against the Trend, WLD Up Over 39% in 24 Hours

2 hours ago

June 4: Per HTX market data, AI sector tokens rallied against the trend, leading the crypto market. Key performance stats: - WLD: 39.22% gain in the past 24 hours, now trading at $0.5332 - IO: 11.25% jump in the past day, currently priced at $0.1849 - ROBO: 10.56% rise in 24 hours, now valued at $0.0203 - PHA: 10.32% surge in the past 24 hours, trading at $0.0385
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Abraxas Capital has sold 2,469 BTC in the past day, approximately $166 million.

June 4 — According to crypto asset management firm ChainInfo, Abraxas Capital offloaded 1,469 BTC (about $98.45 million). After transferring those BTC to Kraken, the firm withdrew $22.71 million in USDC. In just over a day, Abraxas has sold a total of 2,469 BTC worth roughly $166 million, at an average price of $67,210 per BTC.

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Flash Loan: apxUSD Depegs to $0.94, Bitcoin's Drop Causes Collateral Devaluation

June 4: Per PeckShield’s monitoring, the stablecoin apxUSD (backed by STRC) from Apyx Finance has dropped to roughly $0.94, a 4.6% daily decrease. The stablecoin’s peg deviated as Bitcoin (BTC) slid to around $63,000, leading to a shrinkage in its collateral value.

6 minutes ago

SoftBank Group's Stock Price Plunges 9%

June 4: SoftBank Group stock plunged 9%, per Bitget’s market data. The Nikkei 225 Index fell 1.63%, closing at 67,289 points.

6 minutes ago

HYPE/SOL exchange rate hits a new high for this bear market cycle, now at 1.044

Per HTX market data: On June 4, amid Bitcoin’s sharp decline today, SOL has fallen further, pushing the HYPE/SOL exchange rate to a new high in the current bear market amid this downturn, now standing at 1.044. HYPE is currently priced at $74.05, with a 6% increase over the past 24 hours. SOL trades at $70.9, down 5.47% in the same period.

6 minutes ago

Bitcoin Price Drops to $63,000

According to HTX market data, as of June 4th, Bitcoin dipped to a low of $63,000 and is currently trading at $63,211, posting a 5.67% drop over the past 24 hours.

6 minutes ago

Most old-model Bitcoin miners have reached the shutdown price

According to June 4 data from Antpool, the Bitcoin network’s mining difficulty remains at a high level, with estimated electricity costs hitting $0.06 per kilowatt-hour. This has pushed multiple older Bitcoin miner models below their shutdown price thresholds, leaving them operating at a loss. As of now, models including the Antminer S21, Antminer S3, Whatsminer M3S (360T), and AvalonMiner A1466I series are generating negative daily net income and are approaching the point where they will be shut down.

6 minutes ago