Burnham elected leader of the UK Labour Party, set to take over as Prime Minister.

According to Lookonchain's monitoring, Abraxas Capital has accumulated 12,477 ETH over the past three hours. In the last week, the firm has withdrawn a total of 45,996 ETH (valued at $84.39 million) from Binance, Bybit, and Bitfinex.

Beata Manthey, Citigroup’s head of European equity strategy, shared her views on the stock market, stating that the current weakness is not a signal of a market crash, but rather a "violent rotation" of market conditions spreading to broader sectors. She said, "The long-awaited broad market rally is now underway, and achieving this requires a sharp sector rotation. While current market volatility is intense, it is essentially capital hunting for new undervalued pockets." Manthey recommended the European financial sector, particularly bank stocks, labeling it an "anti-AI trade". She noted that European bank stocks have their own independent upside drivers, not dependent on tech themes. Currently, European corporate earnings revisions are near historical highs, and 80% of sectors are seeing analysts upgrade their valuations. She believes that if investors can look past short-term volatility, the outlook for holding stocks over the next 6 to 12 months remains positive.

Privacy-focused blockchain network Dash announced via tweet that its Orchard privacy pool has officially launched on the mainnet. Built using Zcash’s Orchard protocol, the pool supports 1-second transaction confirmations and wallet syncing completed in roughly 20 seconds. Dash added that privacy features for stablecoins and other assets will be rolled out in subsequent updates.

Renowned trader and chart analyst Peter Brandt stated in a post today that the daily chart of the Nasdaq 100 Mini Futures (NQ) may be forming a "diamond" pattern, potentially marking a market top. Additionally, in a recent interview, Brandt predicted that Bitcoin could first rally by $10,000, then drop to a high of $40,000 before bottoming out in early October 2026. Drawing on Bitcoin’s historical cycle patterns, Brandt warned that the cryptocurrency could experience a false breakout; currently trading around $60,000, Bitcoin faces near-term downside risks. Brandt also emphasized his long-term bullish outlook on Bitcoin, projecting its price could reach between $300,000 and $500,000 by 2029.

A confirmation statement disclosed by the UK Companies House shows that a shareholder entity reportedly belonging to NVIDIA’s venture capital arm NVentures LLC holds approximately 141,834 shares in Revolut. Calculated based on the offering price from Revolut’s latest financing round, these shares are valued at roughly $195.9 million. Previously, neither NVIDIA nor Revolut had publicly disclosed NVentures’ specific investment amount or shareholding size in the firm. The newly exposed documents reveal that NVIDIA is further expanding its footprint in the fintech sector through strategic investments. Founded in 2015, Revolut is one of Europe’s leading digital banking platforms, with services covering payments, foreign exchange, investments, and crypto asset services. In recent years, NVIDIA has continuously invested in AI, fintech, and next-generation internet infrastructure companies via NVentures, and its latest investment in Revolut is also regarded as part of its expansion of the AI and digital financial ecosystem. (TechFundingNews)

According to Coinglass data, the Coinbase Bitcoin Premium Index has remained in negative premium territory for 60 consecutive days (since May 19), with its latest reading at -0.0908%. Earlier this year, the index notched 40 straight days of negative premium from January 16 to February 24, marking the longest consecutive negative streak since the metric’s launch—surpassing the roughly 30-day stretch of negative premium seen during the "1011 crash".