Crypto News & Market Updates

BlockBeats reported that on June 1, even the usually stable Japanese stock market after the economic bubble burst finally became restless. Since May 21, under the leadership of SoftBank Group, the Japanese stock market has experienced a sharp surge. Today, SoftBank's market value has climbed to about 46 trillion yen (approximately $288 billion), officially surpassing Toyota to become the company with the highest market value in Japan. The AI investment boom has finally reached the Japanese stock market. Notably, 15 days after Nikkei broke through the 67,000-point mark, the Bank of Japan will make an interest rate decision. Polymarket data shows there is an 88% chance of a rate hike in this decision. This negative news seems to have been fully priced in by the market. Nomura Securities analysts said last week that as AI and chip companies raise earnings expectations, the Nikkei 225 is expected to reach 68,000 points by the end of 2026 and may rise further to 70,000 points the following year.

According to Bijie.com, Iran's Supreme Leader military advisor Mohsin Rezai recently pointed out in an exclusive interview that for the United States, continuing the current war is "going all the way," and only negotiation is the only viable path. Rezai said Iran is prepared, and if the U.S. maritime blockade continues, Iran will launch an attack to break the blockade. Rezai also stated that Iran's Islamic Revolutionary Guard Corps has pioneered a new combat system centered on "asymmetric warfare," relying on cost-effective drones to strike enemy high-value targets. Muhsin Rezai once served as the commander-in-chief of Iran's Islamic Revolutionary Guard Corps, leading the development of Iran's military theoretical system. He now serves as a military advisor to Iran's Supreme Leader Mujtaba Khamenei and is also a member of Iran's Council of National Interests.

According to CoinDesk and CoinDesk reports, as AI trading continues to rise, spot Bitcoin ETFs have recorded 10 consecutive days of outflows, totaling $2.97 billion, causing Bitcoin's price to drop to $73,399.52. Meanwhile, Brent crude prices climbed above $93 per barrel, further increasing market pressure due to slow progress in ceasefire negotiations between the US and Iran. Over the past seven days, Bitcoin has fallen 4.6%, Ethereum has also dropped 4.6%, and Solana has dropped 3.7%. U.S. spot Bitcoin ETFs recorded their tenth day of outflows on Friday, with $2.97 billion flowing out between May 15 and 29, breaking the previous record of eight consecutive days of outflows set in early 2025.

Odaily Planet Daily reports that U.S. President Trump: Iran does want to reach an agreement, and it would be a good deal for the U.S. and its allies.

According to CoinWorld, Watcher Guru reported that Bitcoin (BTC) has dropped more than 4% over the past week, and its price has now dropped to $73,000. Although Bitcoin briefly rebounded to $82,000 in May, the impact of high inflation data weakened market expectations for rate cuts, leaving Bitcoin under continued pressure. In addition, global geopolitical tensions, especially the renewed escalation of the US-Iran conflict, may also affect market sentiment. Market analysts believe that Bitcoin may continue to maintain its current level in the short term, and its performance in the coming weeks will require attention to the upcoming Clarity Act, which aims to provide more regulatory clarity for the crypto industry.

According to ChainCatcher, GoPlus issued a security alert stating that the X account of Korean version of Liangxi and contract livestream KOL Xi Bajie @jadoodoo_ was hacked, and they are frantically sending phishing links to fans under the guise of collaboration. Several KOLs have fallen victim, with total losses of about $5,000. Please do not click to connect your wallet or download malware.

BlockBeats reported on June 1 that according to Galaxy Research, in March this year, the New York State Supreme Court quietly accepted a lawsuit aimed at confirming ownership of over 3.7 million bitcoins (approximately $274 billion) linked to 39,069 Bitcoin addresses, including addresses belonging to Bitcoin founder Satoshi Nakamoto (a total of 21,744 addresses holding 1.09 million bitcoins, valued at $83.7 billion at current prices). The plaintiffs are Noah Doe (pseudonym) and two unnamed Wyoming LLCs. Noah Doe requested the New York Supreme Court to declare their ownership of these dormant wallets through a declaratory judgment action (Section 3001 of the New York State Rules of Civil Procedure) under the New York State Lost and Found Act (Section 7-B of the Personal Property Law). In short, they tried to get a New York court to rule that Bitcoin founder Satoshi Nakamoto's Bitcoin (and many other lost address Bitcoins) were lost property, and that they had the legal right to own these cryptocurrencies for "picking up." From June 30 to July 10, 2025, they sent "disposal notices" to every found address via OP_RETURN. However, even if they win completely, they will only receive a court statement; they will not receive any private keys and cannot transfer any Bitcoin from these addresses. But Galaxy argued that the real value of the New York ruling lies in its ability to serve as a "title flaw," meaning that if these Bitcoins appear in any regulated venue, plaintiff Noah Doe can use this document to challenge exchanges or custodians.

BlockBeats reported that on June 1, according to GMGN monitoring, the meme coin "Binance Life" briefly surpassed $700 million in market cap early today, hitting a new all-time high before slightly retreating. Since its launch on the evening of May 30, the token has accumulated a 53.8% increase. As of press time, its market capitalization is currently about $650 million, with a 24-hour increase still maintaining a 26% increase, and on-chain trading volume during the same period reaching $18.4 million. Reportedly, the market value briefly surged to $700 million this morning, mainly driven by large-scale concentrated buying by a certain trader (0x82). At 4 a.m. today, this address purchased approximately 8.1 million tokens, valued at approximately 4.98 million USD, the largest single purchase of the day; Currently, its on-chain holdings have reached 5.27 million coins BlockBeats Note: Meme coin trading is highly volatile and largely depends on market sentiment and conceptual speculation, with no real value or use cases. Investors should be aware of the risks.

BlockBeats reports that on June 1st, following a midday plunge on Friday, Hong Kong-listed Zhipu continued to fall today. According to Bitget market data, Zhipu is currently quoted at 1438 HKD, with an intraday drop of 9.84%.