ETH breaks through the $2650 mark

BlockBeats News: On June 10th, according to the official announcement of the Federal Reserve, Michelle Bauman was sworn in as Vice Chairman of the Federal Reserve Board of Governors on Monday. The swearing in ceremony was presided over by Federal Reserve Chairman Powell in the press conference room of the board of directors. Trump nominated Ms. Bauman for the position on March 24, 2025, and was subsequently confirmed by the US Senate on June 4. Her term as Vice Chairman of Regulatory Affairs will end on June 9, 2029, and her term as a member of the Board of Directors will continue until January 31, 2034.

Odaily Planet Daily News: Netcapital, a financial technology company listed on NASDAQ, announced the acquisition of the crypto native protocol Mixie for an undisclosed amount. Zelgor, a portfolio company under Netcapital, has completed this acquisition, stating that it is the first time a publicly traded company has acquired a cryptocurrency native protocol to expand its blockchain business. Netcapital is headquartered in Boston and operates a digital capital market platform, with the stock code NCPL and a market value of approximately $6.8 million. （globenewswire）

According to Onchain Lens monitoring, a certain whale spent 8187 SOLs (worth 1.3 million US dollars) to buy 1.35 million VERSEs at a unit price of 0.94 US dollars, which is a high-level takeover. At present, the floating loss has exceeded 500000 US dollars.

Renowned CNBC host Jim Cramer stated on Monday that he does not recommend investors to buy shares of stablecoin issuer Circle Internet at this time. Circle Internet's debut performance last week was impressive, with its stock price soaring 168% from the opening price of $31 to $69. Cramer believes that although Circle Internet has considerable strength, its current stock price is "overheated". The company's valuation skyrocketed from $5.5 billion to around $25 billion within a few weeks, and buying at this time is not a wise move. Moreover, Circle is still linked to the volatile cryptocurrency ecosystem, so investors may want to patiently wait for better buying opportunities. Cramer also compared Circle's stablecoin USDC to a chip in the cryptocurrency field, stating that its business is more transparent than Tether and is a "more standardized and less suspicious version of stablecoin" supported by real fiat currency reserves. He also reminded that the current IPO market is "starting to go crazy" and investors need to be cautious.

The current total market value of cryptocurrencies is 3.47 trillion US dollars, with a 24-hour growth of 142.793 billion US dollars, an increase of 4.30%. Among them, the market value of Bitcoin accounts for 63.2%, and the market value of Ethereum accounts for 9.58%.