News linked to both this project and an event.
Odaily Planet Daily reported that the U.S. Bureau of Economic Analysis (BEA) recently announced adjustments to some calculation methods for the Personal Consumption Expenditures Price Index (PCE). The relevant changes are expected to be reflected in the data revision scheduled for release on September 30, 2026. Market estimates broadly indicate that this adjustment will likely lower the core PCE inflation rate by approximately 0.2 percentage points. Current data shows that over the 12 months ending May 2026, core PCE inflation stood at 3.4%, remaining above the Federal Reserve's 2% target since March 2021. The BEA's primary adjustments this time focus on three specific sectors: portfolio management and investment advisory services, computer software and accessories, and legal services, modifying their respective price calculation methods.Former Federal Reserve Governor Miran stated in a speech last December that "some of what should have been recorded as an increase in the quantity of service consumption has instead been recorded as a price increase." In May of this year, Miran, along with Fed economists Alessandro Barbarino and Anthony M. Diercks, published a paper analyzing the shortcomings of existing statistical methods, including issues with the measurement of products like portable storage devices and video games. JPMorgan economist Abiel Reinhart remarked, "‘Grand Theft Auto 6’ might also have a chance to influence the U.S. Treasury yield curve."
According to TechFlow Research, Morgan Stanley released a research report on July 1 stating that, regarding Bloomberg's report on Meta planning a cloud computing business, it judges that Meta is more likely to choose the lighter path of renting out idle computing power rather than building a full cloud service benchmarking AWS. The report calculates that renting out 250 MW of computing power at $40/watt could be accretive to 2028 earnings per share by approximately 8%, and when the scale reaches 1000 MW, the accretion could reach 33%, but this earnings accretion is viewed as a transitional buffer, not the core logic supporting the rating. Morgan Stanley also mentioned that Meta's self-held computing power will expand to 1.9 GW and 3.4 GW in 2026 and 2027 respectively, providing room for the rental calculations. Morgan Stanley maintains its Overweight rating on Meta with a target price of $775, representing approximately 37.6% upside compared to the closing price of $563.29, while setting the 2027 capital expenditure expectation at $175 billion; if the cloud computing business scales up, there is a possibility of an upward revision in capital expenditure.
The latest report released by Wintermute shows that cooling AI trading has triggered market sector rotation, with the Nasdaq Index falling for the fifth consecutive trading day, down 4.5% in a single day, and the semiconductor sector under significant pressure; Bitcoin fell 5.9%, dropping below $60,000 to around $59,300, while Ethereum fell 7.9%. The U.S. May Personal Consumption Expenditures Price Index (PCE) rose year-on-year to 4.1%, reinforcing expectations of higher rates for longer, and a stronger U.S. dollar also exerted pressure on crypto assets.
Goldman Sachs analyst James Yaro has released an analysis report on Robinhood (HOOD), maintaining a "Buy" rating and raising the price target from $108 to $121.
According to the mid-year crypto market report released by 21Shares, after Bitcoin peaks at approximately $126,000 in October 2025, the base target price for the end of 2026 is set at $100,000.The report shows that as of May 2026, the global crypto ETP assets under management stood at approximately $140 billion, with total holdings of 1.25 million BTC. Furthermore, prediction market trading volume reached $57.5 billion by the end of May; total value locked in DeFi remained around $140 billion; within the Ethereum Layer 2 ecosystem, Base, Arbitrum, and Optimism accounted for approximately 83% of total DeFi TVL; and the total value of tokenized assets on public blockchains reached $31 billion, including $15 billion in tokenized U.S. Treasury bonds. (The Block)
Bitget has completed the upgrade of its ADL (Auto-Deleveraging) execution price mechanism. After the upgrade, when the insurance fund account triggers ADL and matches with a counterparty position, the execution price will adopt the prevailing Mark Price, bringing the ADL execution price closer to the actual market price. Users can more accurately assess the potential impact of ADL on their positions and strategies, facilitating risk management and strategic planning.
GreyScale Research’s report states that as the valuation framework for crypto assets gradually aligns with traditional financial analysis, decentralized finance (DeFi) protocols with clear cash flows and robust token value-capture mechanisms are attracting increased attention. Using Aave as an example, the report notes that Aave—the leading on-chain lending protocol—generates revenue primarily from lending spreads, treasury yields, and GHO-related activities (GHO being its native stablecoin). Following continuous improvements to its governance mechanism, the linkage between the protocol’s economics and the value accruing to AAVE token holders has strengthened.
Benchmark has maintained a "Buy" rating for Coinbase with a $270 price target, implying approximately 59.5% upside from its Tuesday closing price of $169.27. The firm noted that Coinbase's latest "System Update" indicates it is accelerating its transformation from a crypto trading platform into an "everything exchange" that bridges traditional finance and the on-chain economy.Analyst Mark Palmer stated that this product update covers tokenized stocks, stock and crypto options, pre-IPO perpetual contracts, prediction markets, AI-driven investment tools, agent payment infrastructure, and retail financial products, signaling the continuous expansion of its business boundaries.Key progress highlighted by Benchmark also includes: the U.S. CFTC's approval for it to operate as a regulated Futures Commission Merchant (FCM), global derivatives capabilities obtained through the acquisition of Deribit, and integrating crypto perpetuals and options into a compliant framework, thereby achieving cross-market liquidity consolidation.Furthermore, the company's strategic moves in the Base ecosystem, prediction markets, and AI agent payments are also seen as key signals of its evolution from "spot crypto trading" to a comprehensive on-chain financial infrastructure. (The Block)
Odaily Seer Channel monitoring shows that the probability on Polymarket for "Will Anthropic's valuation reach $1.1 trillion before June 30" has risen to 67%, up 30% in 24 hours.This event will be settled based on Anthropic's private market valuation data released by Nasdaq Private Market (NPM). If Anthropic's NPM Price reaches or exceeds the specified amount between the market creation and June 30, 2026, the event will be settled as "Yes"; otherwise, it will be settled as "No".Anthropic's latest funding round was completed on May 28, achieving a post-money valuation of $965 billion after its $65 billion Series H round, just one step away from common short-term thresholds like $1 trillion. With this prediction market set to settle on June 30, traders are monitoring secondary market liquidity and whether any new primary financing or tender offer activity could push its implied valuation higher within the remaining window. Recent estimates show Anthropic's annualized revenue run rate is approaching $47 billion, continuing to support investor demand. However, no new funding announcements have emerged since late May, and IPO preparations remain longer-term.Odaily Seer Channel continues to follow prediction markets, seeing changes before pricing.
Bitget Wallet has completed an upgrade to its DEX Aggregator API, becoming the first in the industry to offer an aggregated interface supporting market price trading for tokenized stocks and RWAs. Institutional clients or developers can use their existing API to directly swap any token for RWA assets such as tokenized stocks.Additionally, the Bitget Wallet API has launched a fee collection service, providing clients with a one-stop profit-sharing solution. Institutional users and developers can use the Bitget Wallet billing system for real-time or periodic settlement of transaction fees. By simply configuring the fee rate and split rules, they can quickly commercialize their business without needing to build their own collection, reconciliation, and settlement systems.Currently, the Bitget Wallet API supports trading tokenized RWA assets on Ondo Global Markets, covering US stocks, ADRs, and various ETFs, including broad-based indices, sector themes, fixed income, commodities, and regional markets. The daily trading volume from partners such as 0x, LI.FI, CoW Swap, deBridge, and XOSwap has already exceeded $20 million.
Odaily News OpenAI is considering significantly reducing product prices to navigate potentially escalating fierce competition with Anthropic.The report states that OpenAI expects competition in the AI services market to further intensify, potentially evolving into a price war. Meanwhile, some enterprise clients have begun showing higher sensitivity to current AI product pricing levels.Insiders indicate that against the backdrop of enterprise users consistently monitoring AI usage costs, the industry's pricing system may face a reshaping, potentially forcing competitors to adjust their pricing strategies. Analysis suggests that as the generative AI industry enters a new phase of commercial competition, price and inference cost control are becoming critical factors for major players vying for market share. (WSJ)
Odaily Odaily Reports: Blockchain oracle and market data provider Pyth Network has announced the launch of continuous price indices for U.S. stocks and commodities, aiming to support around-the-clock trading products in the crypto market. The initial coverage includes U.S. stocks such as Nvidia, Tesla, Apple, Circle, and Strategy, as well as commodities like gold, silver, WTI crude oil, and Brent crude oil.It is reported that Coinbase, Kraken, dYdX, and Nado have been the first to integrate these indices to build new trading markets. This pricing system can provide continuous reference prices for perpetual contracts, tokenized assets, prediction markets, derivatives settlement, and ETF benchmarks, even updating data during traditional exchange closures.Additionally, Pyth is collaborating with MarketVector (a VanEck-owned index provider) to develop sector index futures covering themes such as artificial intelligence, defense, and technology. (Cointelegraph)
Delphi Digital has released its "Token Market Status Report," indicating that the token market in this cycle has been suppressed by multiple structural issues, including token unlocks occurring on a fixed schedule regardless of project performance, protocol revenues failing to effectively flow back to token holders, and airdrops gradually evolving into sources of exit liquidity.The report shows that since January 2025, among all newly listed tokens on major centralized exchanges (CEX), if purchased on the listing day and held to the present, an average investment of $1,000 would have dwindled to approximately $500. The median decline is 82%, with only about 12% of tokens still trading above their issuance price, reflecting a market structure that prioritizes "listing quantity over quality."Regarding tokenomic design, the research points out that across more than 400 unlock events, within a sample of 33, 28 tokens significantly underperformed relative to Bitcoin in the three weeks before and after the unlock, resulting in an average excess loss of approximately 7%. Moreover, most unlocks occur within 30 days, making it difficult for the market to effectively absorb the supply shock.The report also notes that the long-standing industry issue of "missing value accrual" is beginning to change. An increasing number of protocols are starting to use "Fee Switch" mechanisms to return revenue to token holders. For example, Hyperliquid allocates nearly all its fees to buybacks, Uniswap is burning 100 million UNI tokens, Jupiter uses 50% of its fees for buybacks locked for three years, and Aave has passed a DAO-approved weekly buyback plan of $1 million.However, the report emphasizes that fee-based buybacks alone are insufficient to resolve supply pressure. For instance, the scale of buybacks for some projects still cannot offset the selling pressure from token unlocks, leading to a situation where "buybacks only offset inflation but fail to generate net buying pressure."Simultaneously, the structure of institutional capital is shifting. Institutional holdings of Bitcoin-related ETFs like IBIT have grown 62% year-over-year, with advisory channels increasing by 204% and sovereign wealth funds and endowments rising by 228%, while arbitrage-focused hedge funds continue to exit. Long-term capital, including BlackRock, Morgan Stanley, and Mubadala Investment Company, is increasing its allocation.The report concludes that in the next phase, more attractive token assets will simultaneously feature "revenue accrual mechanisms" and "supply release structures linked to protocol performance." However, the current market remains in the early stages of structural repair.
Odaily, Cypherpunk, the company managing the ZEC treasury, stated that all software has vulnerabilities. Historically, Bitcoin once "over-minted" 184 billion BTC due to a bug. However, this does not mean abandoning blockchain technology; rather, security should be enhanced through formal verification and provable correctness.Cypherpunk emphasized that with the development of AI technology, vulnerability detection will become faster and broader, but the key lies in who can discover issues before malicious actors. Zcash will demonstrate this capability through an upcoming update.
edgeX issued a statement regarding the abnormal price fluctuation of $EDGE on June 2, 2026, at midnight, clarifying that this incident was an attack targeting the $EDGE token’s price. The edgeX protocol remained fully operational throughout, and user assets were secure at all times. The team’s wallet address is verifiable on-chain and shows no evidence of selling, price manipulation, or any other improper activity.
According to The Block, Payward—the parent company of Kraken—announced that it will open up access to IPO offering-price subscriptions for U.S. publicly traded companies to Kraken users and select partner platform users via the xStocks framework in the coming weeks. Users may submit non-binding subscription indications prior to listing; Payward will aggregate demand and coordinate with underwriting syndicates to allocate tokenized shares at the offering price on the listing day. These stock tokens are fully backed 1:1 by the underlying equities held in custody by regulated entities and are tradable across blockchains including Ethereum, Solana, and TON. Payward stated that it plans to expand into additional markets and onboard more partners to the xStocks Alliance in the future.
prediction market platform Polymarket has disclosed the completion of its first institutional on-chain block trade. The six-figure USD transaction was executed on the Polygon blockchain by digital asset broker FalconX and AI risk settlement infrastructure startup Anera Labs, targeting contracts related to the Ornn Compute Price Index, which tracks the rental price of NVIDIA H100 GPU chips. Polymarket stated that this is the first institutional on-chain block trade in the prediction market field. Going forward, FalconX will also serve as the exclusive market maker for block trades on the Polymarket platform to support institutional clients' liquidity needs and price discovery. (CNBC)
edgeX stated it has observed sudden and abnormal price fluctuations in the EDGE token and is actively investigating the cause.The team noted that it is urgently reviewing the specific situation and will release updates as soon as relevant information is confirmed. Users are reminded to refer to information published by edgeX's official channels and to exercise caution regarding unsubstantiated market rumors.
According to Hyperinsight monitoring, Samsung Electronics has become the first company in the industry to ship HBM4E samples to major global customers. Boosted by this news, its stock price reversed several days of declines, rising 4% intraday. The SAMSUNG contract deployed on the Hyperliquid platform via trade.xyz is currently trading at $206.6, with its intraday high briefly surpassing $210—returning to levels near its previous peak.
Odaily Seer Prophecy Channel monitoring shows that the Hyperliquid mainnet has now launched a prediction event for the "U.S. May CPI Year-over-Year Change," with a 43% probability of a year-over-year increase equal to 4.3%; a 40% probability of a year-over-year increase below 4.3%; and a 22% probability of a year-over-year increase above 4.3%.The judgment criteria for this prediction event will be based on the May 2026 Consumer Price Index (CPI) data released by the U.S. Bureau of Labor Statistics at 8:30 AM Eastern Time on June 10, 2026.Previously reported, Hyperliquid has supported an official prediction market based on off-chain events. Relevant markets will be published by an automated news feed software run by validators, as part of daily on-chain operations.Odaily Seer Prophecy Channel continues to monitor the prediction market, observing changes before they are priced in.