FarmingNoSleep

Binance News reports that private survey data shows the decline in crude oil inventories is smaller than expected. According to market expectations, crude oil inventories were expected to decrease by 2.7 million barrels, but the actual data shows a smaller decline. This data will attract market attention before the official government data release tomorrow morning.

JTO is currently trading at 0.6721 USDT, up 10.55% over the past 24 hours, according to Coin World. Previously, Jito Network planned to allocate 100% of JTX revenue to buy back and burn JTO from the secondary market to reduce circulating supply, with the plan set to last at least one year.

CoinWorld news, according to Banking Dive, Sony has received conditional approval from the U.S. Office of the Comptroller of the Currency (OCC) to establish a national trust bank in the United States. Sony disclosed that Connectia Trust, a subsidiary of Sony Financial Group, plans to be established this month with a capital of $40 million and intends to launch USD-denominated stablecoin issuance and management-related business in 2027. The documents did not disclose specific products or client types.

CoinWorld news, Rostov Oblast Governor Vasily Golubev said on social media on the 8th that the region was hit by a large-scale drone attack in the early morning, resulting in damage to the hulls of two oil tankers and two people suffering minor injuries. Golubev stated that the two tankers heading to Rostov-on-Don were attacked by drones in the Taganrog Bay. Currently, Rostov Oblast still faces a drone threat, and residents should stay indoors and away from windows.

CoinWorld News, Pi Network News reports that currently only 21 wallets hold more than 10 million PI, raising investor concerns about decentralization. The largest wallet controlled by the Pi Foundation reportedly holds over 52 billion PI, dominating the overall network supply. It is expected that approximately 1.21 billion PI will be unlocked in the second half of 2026, with an average of about 6.5 million PI entering circulation daily. Although Pi Network claims to have over 70 million registered users globally, on-chain data shows that fewer than 10k wallets hold at least 1 million PI, with the vast majority of users holding relatively small amounts.

According to The Energy Mag, Bitcoin mining company Hut 8 has agreed to pay $2.35 million to settle a proposed securities class action initiated by investors. The investors alleged that Hut 8 exaggerated transaction revenues during the all-stock merger with U.S. Bitcoin Corp. in 2023 and failed to fully disclose the electricity and network connectivity issues at the latter's King Mountain mine in Texas. Hut 8 did not admit to any wrongdoing or causing investor losses.

CoinWorld News, Humanity announces a recovery plan after a hacker attack. The original H token has ceased circulation, and new H tokens will be airdropped to all existing holders, with a snapshot timestamp of June 9, 2026, 9:25:35 AM (UTC+8). Humanity will relaunch the mainnet in the coming weeks, using the new H as the native gas token, while also launching a compensation fund to cover specific third-party protocol integrations, decentralized liquidity providers, and legitimate users holding H tokens after the snapshot.

CryptoWorld News reports that Coinbase has announced the launch of a platform called "Coinbase for Agents," allowing AI models (such as ChatGPT and Claude) to connect to user accounts, execute cryptocurrency transactions, manage portfolios, and implement investment strategies. The platform also integrates Coinbase's X402 payment protocol, enabling AI agents to autonomously pay for data and service fees. Additionally, Coinbase has introduced an AI-powered financial assistant called "Coinbase Advisor," designed to provide investment guidance and automate portfolio management tasks. Despite the excitement surrounding AI agents, questions remain about their effectiveness and autonomy. Recent studies show that many AI-related crypto projects may not have fulfilled their promises.

Crypto World News: The Japanese House of Representatives has passed a bill classifying cryptocurrencies as financial instruments and bringing them under the regulation framework of the Financial Instruments and Exchange Act.
The bill reduces the capital gains tax rate on cryptocurrency profits from the maximum of 0.55% to 0.2%, and also approves cryptocurrency ETFs.
The new regulations will officially take effect in 2027.

The ecological value of Solana's RWA has surpassed $2.7 billion, reaching a historic high, with institutions increasingly viewing Solana as the preferred chain for tokenized assets, and participation and market demand continuing to rise. The distribution value of RWA has hit a new high, and institutions are exploring ways to bridge the gap between DeFi and traditional finance. Choosing Solana for RWA tokenization can enhance settlement efficiency, transparency, and investor accessibility. Major institutions include Blackstone, Paxos, Anchorage Digital, Solstice, Ethena, Maple Finance, Onre Finance, and Securitize.

CryptoWorld News reports that the Cardano Foundation has partnered with the Olympic Committee to introduce blockchain technology into the sports industry. This collaboration will unlock the full potential of emerging technologies, including artificial intelligence and the Internet of Things (IoT), to enhance transparency in sports and create new interactive opportunities for athletes, coaches, and support teams. However, despite the official announcement of the partnership, the ADA token dropped 5% after the news was released. Currently, ADA is trading around $0.16, and market enthusiasm for the partnership is low, with traders believing that the Cardano Foundation has not gained substantial benefits from it.

Wu said that Glassnode co-founder Rafael stated that Bitcoin has currently entered the bottom valuation range of the historical cycle. On-chain data models estimate that the most probable bottom area is between $46k and $54k (CVDD to realized price range); in case of extreme panic, a deeper defensive bottom line is in the $35k to $40k range. Since the retracement during each Bitcoin bear market is narrowing, the probability of a deep drop is relatively reduced. On the upside, the first key area the market needs to recover is between $75k and $79k. He emphasized that this is not a prediction, and the Bitcoin bottom cannot be precisely confirmed in advance.

Bitcoin is now perfectly mirroring the pattern from 2017 and 2021.
History is repeating itself.
The bull trap is now over, and $BTC will bottom out at $28,000 before the next bull run.
Scenario 1:
→ $48K within days
Scenario 2:
→ $28K by August
Are you actually prepared for that scenario?
This is not my Analysis how do you see it do you agree with this?

CoinWorld News: Google has released the 12B version of Gemma 4, which is the first new model specification added to the Gemma 4 family since it launched in April this year. The new version targets consumer-grade local computer deployment scenarios, with a focus on deploying multimodal agents on laptops with 16GB of memory. Gemma 4 12B uses a unified encoder-free multimodal architecture and supports text and image inputs. Google has also upgraded the litert-lm local inference tool in parallel, adding an OpenAI API-compatible service mode, so developers can directly connect tools such as continue, aider, and open webui to the locally running Gemma 4 12B without relying on cloud-based models. This update is not an upgrade to a new generation of model, but an expansion of the product line.