Yesterday, the US Bitcoin ETF saw a net outflow of $77.4 million, while the Ethereum ETF saw a net outflow of $40.9 million.

On June 10, Binance adjusted the contract amount for its SPCXUSDT U Inverse Perpetual Pre-IPO contract. Per the exchange’s announcement, SpaceX’s estimated share count was revised from the prior 11.87 billion to 13.08 billion shares. Currently, SPCX is priced at $157.64; based on this adjusted share quantity, SpaceX’s valuation stands at approximately $2.06 trillion.

June 10 — Economists expect a key U.S. inflation gauge, due out this Wednesday, will show that U.S. consumer prices rose in May at the fastest pace in over three years. Mark Zandi, chief economist at Moody’s Analytics, stated that unlike the inflation driven by COVID-19-era supply disruptions, the recent price surge is largely tied to government policies — including the Iran war. “It’s been nearly five years since inflation last hit the Federal Reserve’s target, and I believe that’s gradually eroded the public’s collective economic mindset, which is a key reason Americans feel so frustrated about the economy,” he said. A new CBS News survey finds three-quarters of Americans report their incomes aren’t keeping up with inflation. Economists note that May’s Consumer Price Index (CPI) data — the inflation gauge in question — signals rising energy prices as the primary driver of persistent inflation. Zandi added that beyond energy costs, Wednesday’s CPI release will also spotlight goods an

June 10th: According to Bitget data, US stock index futures have extended their losses. Nasdaq 100 Index futures are currently down 1.23%, Dow Jones futures 0.64%, and S&P 500 Index futures 0.78%.

On June 10, Trader Bob Loukas said Bitcoin remains in a "very standard four-year cycle," noting its current price trend isn’t meaningfully different from prior cycles. While many have argued “this time is different,” Loukas maintains this Bitcoin cycle still adheres to the typical four-year cycle framework. He pointed out the current cycle is now in its 44th week, with the cycle’s low point window usually occurring around the 46th week—roughly the 10% milestone for the cycle. Loukas added that the midpoint of past four-year Bitcoin cycles has hovered around $53,000, a level that could act as significant support and resistance, as well as a potential buying opportunity near the bear market low. He also stated Bitcoin may re-enter a price discovery phase in 2028. In its latest market report released Monday, QCP Capital noted BTC is currently trading within a narrow psychological range, with buying interest emerging near the $60,000 mark. However, the options market remains defensively

On June 10, CryptoQuant analyst Woominkyu noted in a recent post that while Bitcoin (BTC) fell to the $60,000 level, retail traders panicked—but on-chain data showed "smart money" was buying the dip. Woominkyu explained that between June 2 and June 3, dormant wallets transferred large volumes of BTC to exchanges, pushing Bitcoin’s price down from $71,000. Once BTC dropped to the $60,000–$61,000 range, the whale buying ratio on exchanges climbed to 61.6%, signaling whale-dominated purchases were absorbing all the market’s panic selling. Over the past five days, whales withdrew roughly 11,422 BTC (valued at around $700 million) from exchanges and moved it to cold storage, driving major net outflows from exchange wallets. The analyst argues the transfer of BTC holdings from weak hands to strong hands is now complete. With more than 11,000 BTC pulled off the open market, the $60,000–$61,000 range has formed a critical support level ahead of Bitcoin’s next upward trend.

June 10 (Bloomberg) — Ant Group’s overseas business unit, Ant International, is in talks to raise roughly $1 billion to drive its growth, according to people familiar with the situation. The arm is targeting a valuation of $10 billion or higher, with existing investors General Atlantic and Silver Lake eyed as potential backers, insiders said. Discussions are ongoing and no final deal has been reached yet. If the funding round closes successfully, it will help Ant International prepare for a possible IPO in Hong Kong as early as this year. That would mark a reboot of Ant Group’s record-setting global IPO, which was halted by regulators back in 2020. Following a compliance restructuring, Ant International established an independent board in 2024. Parent company Ant Group saw its overall valuation shrink to around $79 billion in 2023, due to R&D investments and regulatory factors. Meanwhile, Ant International generated $3 billion in revenue in 2024, with roughly 25% growth recorded in 2