RARI Chain announces gradual cessation of operations

Analyst Ali posted on X platform that Coinbase's stock price will face a key support level test of $141 next week. If this level is held, it may rebound to $185; If it falls below, it may drop to $74.

According to on chain analyst Yu Jin's monitoring, a whale bought ETH with 24 million USDT 20 minutes ago. Over the past day, the address has invested a total of $152 million in USDT and bought 93330 ETH, with an average price of $1633. At present, its borrowing leverage position reaches 167400 ETH (approximately $261 million), with a clearing price of $1356, a difference of $200 from the current price.

According to Monad's development team, Category Labs, on June 6th, released a MIP-12 proposal proposing to shorten the network consensus voting interval from 400 milliseconds to 300 milliseconds to accelerate block confirmation speed. The proposal proposes to lower the maximum number of transactions from 5000 to 5000, the gas limit for block proposals from 200 million to 150 million, the byte limit for proposal from 2 million to 1.5 million, and the block reward from 25 MONs per block to 18 MONs. The adjustment needs to be implemented through a hard fork, and the proposal is currently in draft status.

According to Polymarket data, the probability of ZEC reaching $100 by the end of 2026 is 45%, with a 28% increase in the past 24 hours. （Cointelegraph）

Despite market speculation that some retail investors may sell Bitcoin to participate in SpaceX's $75 billion IPO, on chain data shows no signs of a large-scale withdrawal of funds. SpaceX's IPO is valued at approximately $1.8 trillion and distributes 30% of its shares to retail investors through platforms such as Robinhood, Fidelity, and Jiaxin Wealth Management, which is higher than the traditional IPO's 10%. On June 6th, Bitcoin and Ethereum recorded net outflows of approximately 66500 BTC and 2.49 million ETH respectively, indicating that investors bought on dips rather than concentrated withdrawals. There has been a significant outflow of funds from spot ETFs. As of June 3rd, the US spot Bitcoin ETF has had a net outflow of $4.4 billion for 13 consecutive days, while the spot Ethereum ETF has returned to a small net inflow after 17 consecutive days of outflow. SpaceX will be listed on NASDAQ on June 12th under the code SPCX.