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Ansem: Seasonal Factors Combined with CPI Will Cause Continued Correction in US Stocks, But Not an Immediate Shift from Tech Stocks to Crypto

2 hours ago

On June 10th, crypto Key Opinion Leader (KOL) Ansem cautioned that upcoming consumer price index (CPI) data, next week’s first Federal Open Market Committee (FOMC) meeting chaired by Jerome Powell, along with the dot plot, combined with the stock market’s persistent strength and summer seasonal factors, may spark risk-off market sentiment and establish a bottom over the coming months. Ansem further noted that at present, there is no capital rotation from tech stocks to Bitcoin (BTC) or Ethereum (ETH), specifically pointing out that MicroStrategy (MSTR) stock is extremely weak with insufficient support levels below current trading levels. Earlier this morning, Ansem announced that he has shorted ETH at $1,640, plans to scale up his short position in the $1,680–$1,700 range, and has set a stop-loss order at $1,735.
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Binance to List Zoom, DraftKings, and More TradFi Perpetual Futures Contracts

According to an official Binance announcement, Binance Futures will launch new perpetual contracts on June 10, 2026, at the following times (UTC+8): - 17:00 UTC+8: ZMUSDT Perpetual Contract - 17:05 UTC+8: DKNGUSDT Perpetual Contract - 17:10 UTC+8: RIVNUSDT Perpetual Contract - 17:15 UTC+8: GMEUSDT Perpetual Contract - 17:20 UTC+8: XLEUSDT Perpetual Contract - 17:25 UTC+8: EWZUSDT Perpetual Contract

3 minutes ago

South Korea's KOSPI Index Plunges Nearly 5% Intraday, Triggers Circuit Breaker

On June 10, data from Bitget Markets showed that South Korea’s KOSPI index tumbled to 7,700 points, marking an intraday decline of nearly 5%. In response, the Korea Exchange triggered a circuit breaker and suspended KOSPI program trading. Shares of Samsung and SK Hynix both dropped more than 6%.

3 minutes ago

Prominent Trader: If Bitcoin Falls Below $60,000, $54,000 Could Be the Next Support Level

June 10: Prominent Bitcoin trader Killa (@KillaXBT) shared a market view update, noting that if Bitcoin holds above its quarterly low of $60,037, the asset could rebound to the quarterly open price of $68,185; a breakdown below that level would point to the CME gap at $54,111. The next major downside support for Bitcoin is its July 2024 low of $49,302. As a quantitative trader focused solely on BTC, Killa has over 200,000 followers on X. He previously predicted this bull run would peak in May 2025, and opened a short position on Bitcoin at $74,688 in mid-April.

3 minutes ago

NVIDIA Executive Dismisses "Optical Module Bearish Report": CPO to Proceed as Planned, Significant Scale-Up Expected in the Second Half

In an interview with tech journalist Tae Kim in Taipei on June 10, Nvidia’s Senior Vice President of Networks, Gilad Shainer, called CPO the most exciting technology in the networking space. He stated the company is ready to begin shipping CPO products, noting partner Lambda recently announced in a blog post it has obtained a CPO switch. Shainer added Nvidia will ramp up CPO production in the second half of 2026, with more widespread adoption of CPO on the horizon. He explained the rollout starts with scale-out configurations; CPO was first referenced in Nvidia’s Feynman generation, is now being used for its Vera Rubin product line, and the next phase will center on Feynman.

3 minutes ago

Uniswap Founder: Claude Fable 5 Network Security Query Limit is a "Bad Decision"

On June 10th, Uniswap founder Hayden Adams expressed his opposition to the security sandbox mechanism introduced by Claude Fable 5, a new AI model from Anthropic. In his remarks, Adams pointed out, “Fable 5’s security protection system will detect and block requests related to cybersecurity—a terrible decision. At its core logic, the model cannot distinguish between legitimate requests from white hat hackers who seek to strengthen and defend systems and malicious requests from black hat hackers.”

3 minutes ago

First Financial News: From January to May this year, Chinese residents' overseas income supplementary tax amounted to approximately 13 billion yuan.

June 10 – The State Taxation Administration of China announced that tax authorities have stepped up publicity, guidance, and policy counseling for Chinese residents’ individual overseas income. Compliance among taxpayers with foreign-source income has increased notably, with approximately 13 billion yuan in back taxes paid from January to May.

3 minutes ago

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