MevTeaTime

Coin World News, according to Blockworks analyst Jack Mandin, Ethereum still dominates the on-chain lending market with an absolute advantage. The total on-chain loan volume on Ethereum is approximately $13 billion, while the total on non-Ethereum chains is around $7 billion. Over the past two years, chains such as BNB, Arbitrum, Solana, Plasma, and Base have alternately taken the second position in the market, with Base currently performing the strongest. Although the total outstanding loans across the network have declined from their peaks, Ethereum has been hit more severely, with a drop of over 60%, while non-Ethereum chain lending has fallen by approximately 48%.

CryptoWorld News reports that Shiba Inu has recorded strong burning activity in the past 24 hours, with 12,760,000 SHIB tokens burned and the burn rate surging by 677.42%. This activity suggests a strong Shiba Inu network; the circulating supply has decreased by more than 12,000,000 SHIB, which may create conditions for potential future price increases. Despite the bullish signal from the burning activity, SHIB is still falling and is currently trading at approximately $0.000004720, down more than 2% over the past day. Analysts are optimistic about SHIB’s potential recovery, believing that strong network activity could help ease downward pressure.

CryptoWorld News reports, citing The Block, that The DAO will restart more than 75,000 unclaimed ETH as a long-term Ethereum Security Fund to support security research in the Ethereum ecosystem. The fund will stake the above-mentioned ETH to generate annualized returns of approximately $8 million to support security research, tool development, and emergency response, managed by seven curators including Vitalik Buterin, and will operate in coordination with the Ethereum Foundation’s Trillion Dollar Security project.

CryptoWorld News: ASML's CEO states that the United States is the clear winner in the artificial intelligence and semiconductor ecosystem.

CryptoWorld News reports that JPMorgan Chase expects that by 2027, the net equity issuance in the United States could surge to $1.2 trillion, driven mainly by AI financing demand and large initial public offerings (IPOs).

CryptoWorld News reports that traders who took high-position short positions are experiencing increasing unrealized losses. Currently, the profit and loss amount to -$11,679,213.78 (-140.31%), with an average entry price of $54.08. The current coin price is $75.17, the liquidation price is $99.43, and the position size is $41,617,971.61. This address was previously the largest short position holder in the ZEC market. Recently, it has favored setting high-position shorts in the U.S. stock market, with a profit of over $48 million in the past six months.

‍$BTC Short Setup is Still Valid
Expecting the Entry to be tapped today if we keep holding above the weekly open region (65.7k)
Losing weekly open would mean the local top is probably in for now and in that case I search for a late Short Entry on a Pullback

CryptoWorld News reports that the prediction market shows Byron Donalds has set a new record in the Florida GOP gubernatorial race, with James Fishback's support further declining. Currently, the market predicts a 92% chance of Donalds winning.

CryptoWorld News reports that Michael Selig, Chairman of the U.S. Commodity Futures Trading Commission (CFTC), issued a warning to traditional major banks in an interview, explicitly stating that conventional financial institutions cannot resist the market transformation based on blockchain technology.

Crypto World News reports that cryptocurrencies and digital assets have evolved from niche financial markets into a key battleground in the upcoming elections. According to a comprehensive new survey conducted by Harris Poll for Digital Currency Group (DCG), among 1,874 registered voters, 84% of Americans believe that individuals rather than companies should own their personal data. The survey also shows that 55% of registered voters are more likely to use services that focus on personal data usage. Julie Stitzel, DCG's Chief Policy Officer, stated that candidates supporting digital asset policies and financial privacy do not need to seek voter support; support from voters already exists. The survey also indicates that voters are paying attention to the ongoing intense debates, and the voting bloc supporting crypto will not be satisfied with progress that lacks concrete steps.

CryptoWorld News reports that, according to Lookonchain, a whale has closed 7,137 XYZ:SP500 contracts, realizing a profit of $561k, and is currently still holding 12,865 contracts.

$BTC Everyone is calling for a breakdown.
I am looking at the data.
Historically, Bitcoin prints a green July in midterm years after a red June.
A red June close is almost inevitable at this point.
I expect more chop this month, but I am positioning for a relief rally while most are preparing for the opposite.

$BTC Massive buy wall at 60K across spot exchanges.

CoinWorld News reports that BlackRock Bitcoin ETF ($IBIT) had a net inflow of 537 Bitcoins on June 4th, which is approximately $47.3 million at the current price, with a trading volume of $2.6 billion.

$GT showing steady downside pressure with bearish intraday structure.
Sellers remain in control with weak rebounds and lower highs.
EP
6.55 - 6.60
TP
TP1 6.50
TP2 6.45
TP3 6.40
SL
6.68
Liquidity continues to build below current price while resistance reactions remain active overhead. Structure favors further downside as buyers fail to reclaim key levels and momentum remains tilted toward lower liquidity zones.
Let’s go $GT ‌

BlockBeats reports that Robinhood has acquired the Canadian digital asset company WonderFi for $180 million and officially entered the Canada crypto market. WonderFi owns Bitbuy and Coinsquare. After the acquisition is completed, it will be integrated into Robinhood, and relevant users will be invited to continue using the Robinhood App. Robinhood said that there are more than one million non-U.S. fund clients, about 30% of whom come from WonderFi, and it will continue to strengthen cooperation with local Canadian institutions to expand its institutional business.