Bitunix Analyst: The Fed Faces a New Dilemma of "No Rate Hike, No-Go, but Rate Hike, Too Painful"
June 4: The key driver of global asset prices isn’t whether a U.S.-Iran war will break out anymore—it’s the new inflationary pressure spurred by the conflict, new tariffs, and the AI investment frenzy.
Per the latest Federal Reserve Beige Book and official comments, the U.S. economy is showing a classic “two-sided economy” dynamic. On one side: May’s private-sector payrolls rose by 122,000, AI data center construction remains robust, Alphabet upped its fundraising to $84.75 billion, and SpaceX’s valuation is nearing $1.8 trillion—signaling corporate and tech capital expenditure is holding steady. On the flip side: consumer confidence has plumbed historic lows, real wages are starting to shrink, low- and middle-income household spending is sharply softening, and some companies are delaying parts of their investment plans. The market’s real focus should be the shifting inflation structure.
U.S. core inflation is now at 3.8%, topping the Fed’s 2% target—and this round’s drivers are very
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a16z Affiliate Address Acquires an Additional 155,300 HYPE Tokens, with a Total Unrealized Gain of $141 million
June 4: According to AI Checky—HYPE’s largest external entity—crypto firm a16z added 155,321 HYPE tokens over the past 14 hours, worth $11.126 million. Year-to-date 2026, a16z has accumulated a total of 6.754 million HYPE tokens, with an aggregate value exceeding $312 million. The firm’s average purchase price per token stands at $46.24, translating to an unrealized gain of $141 million at current valuations.
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International Crude Oil Falls, Both US and Brent Oil Drop Over 2%
June 4th — According to Bitget market data, WTI crude oil fell below $96 per barrel, dropping 2.03% intraday. Brent crude oil retreated to below $95 per barrel, down 2.36% in intraday trading.
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British Labour Party MP Sues xAI, Accusing Grok of Being Used to Generate Deepfake Pornographic Content
June 4 — Jess Asato, a UK Labour Party Member of Parliament, has filed a lawsuit in the UK High Court against Elon Musk’s AI startup xAI, alleging its Grok chatbot was used to generate deepfake pornographic and sexually explicit content involving her.
Asato states that after she publicly criticized Grok in January, users exploited the model to create and spread fake images of her in a bikini, plus a deepfake video depicting a sexual assault scenario. She argues this capability to produce such content was not an abuse of the tool, but a deliberate design choice by xAI.
The lawsuit cites the UK’s Data Protection Act and laws against misuse of private information. Beyond seeking financial damages, Asato aims to set a legal precedent holding AI companies accountable for their model’s design, and push tech firms to strengthen their security protocols.
Earlier, following public backlash, xAI announced it would ban Grok users from generating sexually explicit images of real people. In the
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A certain whale opened a $20.8 million long position in BTC, but shortly after entering the trade, they were liquidated with just a 0.7% adverse price movement.
June 4th, according to Hyperinsight Monitoring (https://t.me/HyperInsight), a whale on Hyperliquid fully closed out their HYPE long position amid HYPE’s afternoon price decline, taking an approximate $1.52 million loss. This long position had previously reached $18.42 million.
In the past hour, the whale has pivoted to BTC, opening a long position of 330.2 BTC with 40x leverage. The position is valued at roughly $20.8 million, with an average entry price of $63,303 and a liquidation price of $62,455. This makes the whale the BTC long trader closest to liquidation on Hyperliquid, with less than $500 (0.7%) separating their position from liquidation.
Wallet Address: 0xc6fee72e2dfb27d75c282747f268738c7bc179b1
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Bitcoin Falls Below $63,000 Again, with a 24-hour Decline of 6.01%
June 4, per HTX market data, Bitcoin once again dipped below $63,000, logging a 6.01% decrease over the 24-hour period.
U.S. premarket trading for crypto-related stocks continued to slide, with the following tickers seeing losses: MSTR fell 1.19%, COIN dipped 1.38%, CRCL declined 0.80%, SBET dropped 2.53%, BMNR slipped 2.31%, HOOD retreated 2.75%, and PURR plummeted 8.29%.
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