The number of initial jobless claims in the United States for the week ending May 30th was 225000, higher than the expected 213000, with the previous value revised from 215000 to 212000. (Golden Ten) AI interpretation: The higher than expected number of initial jobless claims indicates increased pressure on the labor market. The increase in this data may reflect signs of economic slowdown, with companies being more cautious in recruitment. The market's confidence in future economic growth is being challenged, which may lead to a reassessment of the Federal Reserve's monetary policy.

Bitcoin's drop reflects capital rotation into AI, Saylor argues, but the bears have a darker reason. What to know : Bitcoin has fallen about 14% over the past week and 22.7% over the past four weeks, prompting debate over the cause of the decline. Michael Saylor argued the drop reflects capital rotation into artificial-intelligence infrastructure. Saylor, whose firm remains the largest corporate holder of bitcoin with 843,706 BTC, frames the volatility as a temporary opportunity even after Strategy sold 32 BTC, a move analysts say worsened bearish sentiment.

According to Bitwise advisor Jeff Park, he does not believe that the sale of Bitcoin was due to Strategy (MSTR) selling Bitcoin. He believes that Bitcoin may be used to fund popular asset trades such as SpaceX and Anthropic.

After six years of accumulation, Strategy currently holds unrealized losses of $10.8 billion in Bitcoin, reaching a historic high. （Cointelegraph）

On chain monitoring shows that ETH multi army "7 Siblings" borrowed $580 million from Spark today and purchased 32900 ETH, with an average price of $1762. (Ashes)