Decentralized Web3 incubator DEGO will purchase USD1 as a liquidity reserve

BlockBeats news, on June 6th, according to Alternative data, the cryptocurrency panic and greed index was 45 today (57 yesterday), and market sentiment quickly cooled down to the "panic" range for the first time since April 22nd. Note: The threshold for the panic index is 0-100, including indicators such as volatility (25%)+market trading volume (25%)+social media popularity (15%)+market research (15%)+Bitcoin's proportion in the entire market (10%)+Google keyword analysis (10%).

According to AiCoin monitoring, a large amount of funds flowed out of the US spot BTC ETF market yesterday, with a net outflow of up to 278 million US dollars. Among them, the largest outflow was ARKB, with a daily net outflow of 102 million US dollars; Next is FBTC, with a total of 80.2 million US dollars. According to the "Spot BTC ETF Tracking" real-time trading strategy developed by AiCoin, there is a significant positive correlation between the inflow of ETF funds and BTC prices. Subscription indicators can be used to automatically place orders based on the flow of funds in the program. Data for reference only

According to Foresight News, the Pakistan Crypto Commission tweeted that Bilal Bin Saqib, Pakistan's Minister of State for Cryptocurrency and Blockchain, met with Brandon Lutnick, Chairman of Cantor Fitzgerald, a Wall Street investment bank with over $80 billion in asset management, in New York. Both parties discussed tokenization, Bitcoin mining, the future of Web3 in Pakistan, and ways of cooperation.

Odaily Planet Daily News: James Wynn stated in an article on X platform that he has been involved in perpetual contract trading since March this year and has never traded seriously before. At most, he has been speculating on MEME coins (previously known for discovering PEPE at a market value of 600000 and earning an 8-figure profit). Once rolled over $3 million to $100 million in just one month, and then ran out of money on HyperLiquid for a week. At that time, I was just playing around on my own, but the on chain data was publicly available, and hundreds of thousands of people watched my account skyrocket and plummet. So I decided to let myself go. Later on, things gradually spiraled out of control. I understand that this is essentially gambling. I want to recover my losses, but I'm also afraid of being ridiculed as saying 'I can't even make 100 million,' so I'm getting deeper and deeper. The jumping numbers on the screen turned into virtual games, and greed completely prevailed.

BlockBeats News: On June 6th, James Wynn posted on social media that he had only been involved in perpetual contract trading since March this year and had never traded seriously before, at most speculating on MEME coins. Roll over $3 million to $100 million in just one month, and then run out of money on HyperLiquid for a week. At that time, I was just playing around on my own, but the on chain data was publicly available, and hundreds of thousands of people watched my account skyrocket and plummet. So I decided to let myself go. Later on, things gradually spiraled out of control. I understand that this is essentially gambling. I want to recover my losses, but I am also afraid of being ridiculed as saying 'even earning 100 million can't be saved', so I am getting deeper and deeper. The jumping numbers on the screen turned into virtual games, and greed completely prevailed.