Gate news, Bitcoin has risen over 40% since early April, but the upward momentum may be showing signs of fatigue. Analysts point out that market momentum is weakening and profit-taking activities are increasing. Market strategists stated on Monday that in the recent upward trend, "momentum has begun to fade for the first time," citing cooling spot trading volume and slowing Taker buying pressure.

PANews, July 1st news, the UK-listed company Tao Alpha PLC announced its name change to Satsuma Technology PLC and will use the new stock code "SATS.L". After the renaming, the company will continue to focus on the development of the Bittensor decentralized network, exploring decentralized agent applications, and managing Bitcoin-dominated financial strategies, with related operations and shareholder rights remaining unaffected. According to previous reports, UK-listed company TAO Alpha plans to raise £100 million to support its Bitcoin financial policy.

Golden Finance reported that Eigen Labs announced the completion of a $70 million financing for its Ethereum re-staking protocol EigenCloud, led by a16z. This is a platform aimed at extending blockchain-level trust guarantees to any Web2 or Web3 applications, and the use of EigenCloud will create new fee streams to support stake rewards.

PANews, June 30 news, according to the official announcement, Gate will launch Fragmetric (FRAG) spot trading on July 1 at 16:30 (UTC+8). To give back to platform users, Gate will simultaneously launch HODLer Airdrop, CandyDrop, Launchpool, Alpha, and Simple Earn series activities, participating users can share 2,250,000 FRAG. Gate has launched the limited-time HODLer Airdrop event for Fragmetric (FRAG), where users holding 1 GT can participate for free to receive a share of 250,000 FRAG. Gate CandyDrop will be from July 1st 16:40 to July 8th

Gate news, Jim Chanos sharply criticized MicroStrategy's Bitcoin business model, stating that its valuation is detached from reality and its promotional rhetoric is "financial nonsense." He also warned that the AI investment craze could repeat the mistakes of the millennium internet bubble. VanEck has also issued a warning about the risks of Bitcoin strategies for publicly listed companies.

Gate news, following the trend led by MicroStrategy, Bitcoin is becoming the "new favorite" on the balance sheets of more and more companies. This craze has spread from the United States and Japan to the United Kingdom, with small listed companies on the London Aquis exchange becoming new players, and their stock prices have seen a big pump, but it also hides huge risks...

According to Gate news from Cryptonews, the altcoin market is about to experience a turbulent week, as some significant events that will affect market price rises and falls are set to occur in the coming days. Several projects worth following this week include Mango Network (MGO), AirSwap (AST), Blast (BLAST), Injective (INJ), Across Protocol (ACX), Optimism (OP), Berachain (BERA), and Synthetix (SNX).

According to Gate news and Bloomberg reports, the US dollar strengthened in the early session as investors sought to avoid the escalating geopolitical risks following the US attack on Iran. On Monday, the dollar rose slightly against the euro and most major forex currencies in Asia. The explosion intensified safe-haven demand and raised concerns about energy supply, leading to a rise in crude oil futures prices while US stock futures prices fell. US Treasury prices declined, reversing earlier gains. Diego Fernandez, Chief Investment Officer at A&G Banco in Madrid, stated: "We expect some risk aversion, but it will not be severe. Without the Iranian nuclear threat, the world may be safer, but we still need to observe Iran's response and the evolution of the conflict."

Odaily News According to the latest on-chain data from Dune, in the new phase of the Alpha trading battle, BR trading has accounted for over 90%, with a 24-hour trading volume exceeding 4 billion USD, ranking first. Despite the general market decline today, with significant pullbacks in BTC and ETH, and increased fluctuations in most Alpha assets, the price of BR remains stable. The Bedrock team previously stated that they would utilize strategic reserves to enhance BR liquidity, stabilize the capital pool, and reduce fluctuation risks. According to an official announcement, the event originally scheduled for last week has been postponed.

According to BlockBeats news on June 9, the cross-chain interoperability protocol Owlto announced the celebration of its two-year anniversary on the Mainnet. Over 2.6 million users have used the Owlto protocol for cross-chain operations, linking more than 70 networks, facilitating over 13 million transactions, with an average daily sign-in count of 11 million, and deploying over 29 million smart contracts. In addition, Owlto released a new slogan "All Roads Lead to Rome, Owl Roads Lead to

ChainCatcher message, research teams from MIT, Wellesley College, and the Massachusetts College of Art have recently discovered that long-term reliance on large language models (LLM) such as ChatGPT may impair cognitive abilities. The study shows that participants who used AI for writing had only half the number of Alpha wave connections in their brains compared to independent thinkers (42 vs. 79), and 83.3% were unable to accurately cite the content of their own articles. Researchers refer to this phenomenon as cognitive debt—reducing the mental load in the short term but leading to a decline in critical thinking and creativity in the long term.

Gate launched SGC spot trading on June 13 and introduced multiple reward activities, allowing users to share 90,000,000 SGC and Alpha points. Launchpool mining will start on June 14, where users can stake GT and BTC to earn 20,000,000 SGC. The Candydrop airdrop event will kick off on June 20.

Gate platform will launch Fly.trade (FLY) spot trading on June 6, 2025. Users can participate in the CandyDrop event to share the FLY airdrop. In addition, a FLY trading carnival will be held, where users can win rewards by smashing golden eggs.

PANews reported on June 11 that, according to the official announcement, Gate launched MEET48 Token (IDOL) perpetual contract real trading (USDT settlement) at 20:05 on June 11 (UTC+8), supporting 1 - 20 times leverage. In order to give back to new and old users, Gate Candydrop and

Golden Finance reported that the Tokenomics team of the Algorand Foundation released a new study questioning one of the most cited metrics in the Crypto Assets field—Total Value Locked (TVL). This report provides the strongest evidence to date that, despite TVL occupying a significant position in various dashboards, news headlines, and investor profiles, it has no impact on the financial performance of Tokens. A recent analysis of over 300 Crypto Assets (excluding Bitcoin and stablecoins) during the 2023-2024 period, led by Dr. Matthew Brigida, associate professor of finance at the State University of New York and chief economist of the Algorand Foundation, shows no evidence that TVL can predict the value performance of Tokens.

Odaily News Alliance DAO founder and core contributor Qiao Wang stated that the most important piece of information for a market maker is to know who they are trading with. If the counterparty is degenping, the market maker will withdraw liquidity. If the counterparty is James Wynn, they will actively provide liquidity. This is why a transparent order book may be more attractive to market makers than dark pools. At the same time, it indicated that under other identical conditions, whales with actual alpha information would be more inclined to trade on exchanges/dark pools. However, there is no impact on Hyperliquid, as most contract whales do not have alpha.

According to ChainCatcher news, the decentralized AI computing network AINX announced the completion of a $2 million seed round of financing, led by Alpha Gamma. AINX is developed by Helioq Labs, a research-driven protocol team dedicated to building censorship-resistant, user-sovereign infrastructure for Web3. AINX's upcoming roadmap includes the launch of NodeX 100, the introduction of a multi-chain computing rental market, and the release of customizable AI agents and multimodal content generation tools. In the future, the team also plans to achieve cross-chain compatibility, release SDKs for integration, and build a Decentralization AI model marketplace.