Targeting WeChat! Alipay Plans to Introduce AI Assistant "Alibaba" to Handle Everything from Hailing a Ride to Ordering Food and Purchasing Funds in One Stop

Prominent trader Killa posted that every time Bitcoin forms a golden cross (where the 50-day moving average crosses above the 200-day moving average) near the market bottom in its history, it signals the start of a major bull market trend, and traders may consider going long once the price holds above both moving averages. Killa, a quant trader focused on Bitcoin (BTC), previously predicted the peak of the current bull market in May 2025 and boasts over 200,000 followers on X. In mid-April, he shorted Bitcoin at $74,688, then switched to a long position during the broad market sell-off on June 5.

Goldman Sachs said that with interest rate futures markets currently pricing in a one-third chance of the Federal Reserve (Fed) raising rates today, whatever the central bank ultimately decides will be the biggest "surprise" in a non-rate-cut meeting since 1997. If the Fed does hike rates, it would mark the largest meeting-day surprise outside of rate cuts since the Fed began issuing statements announcing policy rate changes.

The Federal Security Service of the Russian Federation (FSB) released a statement seeking the arrest of Pavel Durov, founder and CEO of social media platform Telegram. Durov faces criminal charges for alleged assistance in terrorist activities and has been added to the global wanted list. In the statement, the FSB claimed that Ukrainian intelligence agencies used Telegram’s channels and chat tools to plot sabotage, support terrorist activities, commit murders and carry out cyber fraud within Russia, leading to significant casualties and billions of dollars in property losses. It added that Telegram’s management failed to remove these problematic channels and chats. Pursuant to Russia’s criminal code, criminal charges have been filed against Durov, and he has been placed on the global wanted list. It remains unclear what type of warrant Russia has issued, or whether law enforcement agencies in other countries will cooperate. Durov’s name is not yet listed in Interpol’s public database. Ukraine has not responded to the FSB’s statement. (Xinhua News Agency)

Whale 0xC8b5 is heavily long on $SKHX! The whale opened a 3x long on 37,229 $SKHX ($37.3M) and is already up $778K. However, he has lost more than $1M on each of the previous 3 trades.

Korea Investment Securities today raised SK Hynix's target price to 4.7 million won (approximately $3,236), far above today's closing price of 1.41 million won. Earlier today, South Korea's large financial group Mirae Asset released a research report cutting SK Hynix's target price from 4.2 million won to 2.8 million won.

Ethereum Institutional, an institutional-grade Ethereum ecosystem service provider, announced the completion of its initial ecosystem funding round and the formation of its supporter alliance, securing backing from over 100 ecosystem participants. The round was led by BitMine, SharpLink, and Ethereum co-founders Joseph Lubin and Mihai Alisie; the funding amount was not disclosed. The institution stated that the capital will be used to accelerate its work on tokenization, stablecoins, and on-chain market infrastructure. Ethereum Institutional added that in the coming months, it will strengthen direct engagement with banks, asset management firms, custodians, market infrastructure providers, fintech companies, and sovereign institutions, advancing specific initiatives related to tokenization, stablecoins, market infrastructure, and on-chain settlement, while expanding core business areas including institutional education, market intelligence, and ecosystem marketing. It will also continue collaborating with the broader Ethereum ecosystem community, including L2 teams, application developers, infrastructure providers, and custodian service providers.