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This Altcoin Might Go Against Today’s Bear Market, ChatGPT Says
This Altcoin Might Go Against Today’s Bear Market, ChatGPT Says

Global crypto market cap is roughly $3.1–3.2T today, down about 1.7–1.8% over 24 hours, putting most majors in the red, except this altcoin that still has strong fundamentals.

Coinspeaker·2025/12/04 16:00
IMF Warns Dollar Stablecoins Threaten Monetary Policy
IMF Warns Dollar Stablecoins Threaten Monetary Policy

The IMF just warned that fast-growing dollar stablecoins could hollow out weaker national currencies and stifle central bank control, while calling for stricter, globally coordinated rules that could upend today’s stablecoin market.

Coinspeaker·2025/12/04 16:00
Musk Monetized ‘Truth’ on X, Now the EU Hits Him With a $140M Fine
Musk Monetized ‘Truth’ on X, Now the EU Hits Him With a $140M Fine

X’s blue checkmark system was judged a deceptive design, because it misleads users about account authenticity The social media platform didn’t create the required clear, public log of ads, as mandated by new EU rules X now has 60 working days to present a remediation plan for the blue check issue, and 90 days to address ad transparency and data access shortcomings

CoinEdition·2025/12/04 16:00
Zcash Price Regains Footing Above $375 as Founder Responds to Michael Saylor’s Criticism
Zcash Price Regains Footing Above $375 as Founder Responds to Michael Saylor’s Criticism

Zcash surged past $375 following a public debate between founder Eli Ben-Sasson and Michael Saylor, reigniting interest in the privacy-focused cryptocurrency.

Coinspeaker·2025/12/04 16:00
Flash
01:57
Viewpoint: Micron to Face Roughly 2 Million Shares of Forced Selling on Monday, Passive Rebalancing of Leveraged Products to Suppress South Korean Stock Market
BlockBeats News, June 7th - Leverage product researcher degentrading stated that the Hong Kong-listed leveraged fund, Southbound Double Long SK Hynix (7709.HK), due to a significant drop in the price of the South Korean stock SK Hynix last week, needed to forcibly sell about 2 million shares at the opening of the South Korean market on Monday. This sell order size is equivalent to 40% of SK Hynix's normal daily trading volume, creating huge and mechanistic selling pressure. What's more troublesome is that the leverage product's gamma effect will cause more price drops, leading to more selling pressure and potentially triggering a chain reaction.
01:38
The Crypto Fear & Greed Index is currently at 12, indicating that the market remains in a state of "Extreme Fear".
BlockBeats News, June 7th, according to Alternative data, today's cryptocurrency Fear and Greed Index is 12 (unchanged from yesterday), indicating that market sentiment remains in "Extreme Fear." Note: The Fear Index has a range of 0-100 and includes the following indicators: Volatility (25%) + Market Volume (25%) + Social Media Hype (15%) + Market Surveys (15%) + Bitcoin's Dominance (10%) + Google Trends Analysis (10%).
01:13
Chilean Police Disrupt $88 Million Cryptocurrency Money Laundering Network
BlockBeats News, June 7th, the Chilean police arrested 18 individuals suspected of laundering money for the Venezuelan criminal organization Tren de Aragua after a two-year investigation. The amount involved in the case is estimated to be $88 million, and the related network involved bank accounts, shell companies, and cryptocurrency transfers.
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