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Cointime News Wrapup-Afternoon Version: MetaMask Warns Users of Deceptive March 31 Airdrop Rumours
To smooth and facilitate the reading experience for all users, we hereby compose this wrapup, especially for users who cannot check out what’s going on in a timely manner.
On June 6, the China Securities Regulatory Commission (CSRC) released Wu Qing's speech at the Fourth Member Representative Conference of the China Securities Investment Fund Industry Association. Wu Qing pointed out that over the past five years, the scale of stock investments in the fund industry has grown by 41%, reaching 13.4 trillion yuan, with the proportion of A-share circulating market value held reaching 13.7%. Rational investment, value investment, and long-term investment have become widely accepted concepts. At the same time, the fund industry has become an important partner for medium- and long-term funds such as social security, insurance, and annuities, and a key trustee for equity investments, playing a crucial role in optimizing the investor structure of the capital market, broadening the channels for medium- and long-term funds to enter the market, increasing market liquidity, and reducing irrational market fluctuations.
Market data shows that BTC has fallen below $61,000, currently priced at $60,996, with a 24-hour decline of 1.15%. The market is experiencing significant volatility, so please ensure proper risk management.
Market data shows that BTC has surpassed $61,000, currently priced at $61,005.65, with a 24-hour decline of 3.74%. The market is experiencing significant volatility, so please ensure proper risk management.
On June 6, market data showed that USDT's market capitalization surpassed that of ETH, making it the second largest cryptocurrency by market cap. As of now, USDT's market cap stands at $187.034 billion, while ETH's market cap is $184.423 billion.
Market data shows that BTC has fallen below $60,000, currently priced at $59,995.63, with a 24-hour decline of 4.36%. The market is experiencing significant volatility, so please ensure proper risk management.
Market data shows that BTC briefly dropped below $60,000, currently recovering to $61,290.9, with a 24-hour decline of 3.5%. The market is experiencing significant volatility, so please ensure proper risk management.
On June 5, Liquid Capital (formerly LD Capital) founder Yili Hua stated, "As we anticipated, US stocks have begun to correct, and expectations for interest rate cuts have changed. Trading is always the most challenging task; getting it right ten times and wrong once can lead to problems. It is essential to remain cautious and manage risks. The speed of this decline following the rebound has far exceeded expectations. However, it also comes with greater opportunities; historically, bear markets have been the time to make money, while bull markets often lead to losses."
On June 5, Fed's Harker stated that it may soon be time to adjust interest rates. Given the uncertainty, maintaining stable rates is reasonable at this time.
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