DakerJin

📉 ADA Drops 10%, Hits $0.15 After Charles Hoskinson's "TTYL" Post
Cardano (ADA) has fallen an additional 10%, dropping to $0.15 – the lowest in over 5 years – after Cardano founder Charles Hoskinson posted on X: “Taking a little break. TTYL” on June 3, 2026. This move has heightened concerns about instability within the Cardano ecosystem, which has already been under significant pressure recently.
🔻 ADA sharply declines
* ADA price drops another 10%, down to $0.15.
* This is the lowest price for the token in over 5 years.
⚠️ Cardano ecosystem faces difficulties
* The day before, Hoskinson wa

🟠 Michael Saylor The Bitcoin Community Divided into 4 Schools of Thought
⚡ Bitcoin Maximalists
* Believe that Bitcoin is the dominant crypto network.
* View BTC as a superior digital asset compared to other blockchains and altcoins.
💰 Bitcoin Capitalists
* Promote bringing Bitcoin into:
* The global capital markets.
* The banking system.
* Corporate balance sheets.
* Support financial institutions and businesses holding BTC.
🔧 Bitcoin Technologists
* Support technical upgrades.
* Focus on improving:
* Scalability.
* Privacy.
* Network security.
🛡️ Bitcoin Fundamenta

🚨 The Fed Signals Rate Hike, Bitcoin Faces Major Test
🏦 The Fed is becoming more "hawkish"
* New York Fed President John Williams believes inflation risks have increased significantly.
* He proposes removing language implying that the Fed's next move will be a rate cut.
📈 Some Fed members publicly mention raising interest rates
* Dallas Fed President Lorie Logan warns that rates may need to rise further this year to control inflation.
* Cleveland Fed President Beth Hammack says if current trends continue, the Fed may need to act soon.
💼 Economic data supports a hawkish stance

🔥⚠️ Charles Hoskinson Suggests Restarting Cardano, Many DeFi Projects Could Shut Down This Year
🔥 Hoskinson mentions the possibility of a “new Cardano”
* He refers to the idea of launching a new Cardano network based on a proof-of-burn mechanism.
* Proof-of-burn is a mechanism that requires users to burn tokens in exchange for the right to participate or receive benefits on the network.
⚠️ Many Cardano DeFi projects at risk of shutting down
* Hoskinson states that many DeFi applications within the ecosystem may not survive until the end of the year.
* This reflects challenges rel

U.S. ETF Cash Flow on June 5, 2026 (U.S. time)
🔴 BTC: -$325.7 million
🔴 ETH: -$5.97 million
🔴 HYPE: -$2.92 million
🟢 LINK: +$131.3 thousand

🔥 Heima Community Approved Burning 16.5 Million HEI
🔹 Total amount of HEI burned: 16.5 million HEI.
🔹 Token burn composition:
* 12.05 million HEI are locked.
* 4.45 million HEI are unused and unlocked.
🔹 Reasons for burning tokens:
* These funds were initially allocated for participating in Polkadot parachain auctions.
* After Polkadot switched to the Coretime model, the demand for DOT for this purpose decreased significantly.
* Heima's team states that the current required amount of DOT can be met from the existing reserve DOT fund.
🔹 Implementation timeline:
* Token

📉 Wall Street Slumps Sharply After US Jobs Report, Nasdaq Drops Over 4%
🔻 Nasdaq experiences its biggest decline in over a year
* Nasdaq drops 1,121 points (-4.18%), closing at 25,709 points.
* This is one of the sharpest declines since 2025.
🔻 Dow Jones and S&P 500 also plunge
* Dow Jones falls 695 points (-1.35%) to 50,866 points.
* S&P 500 drops 200 points (-2.64%) to 7,383 points.
* The S&P 500’s 9-week winning streak officially ends.
🔻 Job data beats expectations, putting pressure on the market
* US adds 172,000 jobs in May.
* This figure is significantly higher than market forecasts.

💵 USDT Surpasses Ethereum in Market Capitalization, Ranks Second in Crypto
Stablecoin Tether (USDT) has surpassed Ethereum (ETH) in market capitalization, becoming the second-largest cryptocurrency asset by market cap, only behind Bitcoin.
🎯 Notable Point
⚠️ USDT surpassing ETH does not necessarily indicate new capital flowing into the market, but may reflect investors shifting from risky assets to stablecoins for protection.
📈 An increase in USDT's market cap usually signifies that the potential liquidity in the crypto market is growing. If market sentiment improves, this capital c

👇 Assess the current market and outlook:
🆘 Current market situation:
- Too much FUD is appearing, especially around the US–Iran situation and the likelihood that the FED may decide to raise interest rates.
- BTC dominance (Dom BTC) continues to recover slightly
- The prices of BTC and Altcoins continue to dump. Altcoins’ dump performance is much higher than BTC’s
🔎 Personal view:
1. Capital is being withdrawn from the market, including both BTC and Altcoins. Among them, the outflow from Altcoins is faster and larger. This leads to a decline in total market capitalization; BTC price falls,