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Renowned trader Killa expressed his technical analysis on Bitcoin, stating that if Bitcoin falls below the current weekly high (65,300 USD), it will retrace to test the monthly opening price of around 62,700 USD. However, if it can strongly break through and stay above the resistance level of 65,300 USD, it may further rise to around 66,900 USD.Overall, the judgment is that the market has been in a consolidation range for the past two months, with no obvious breakout signals. Killa, as a quantitative trader focused on BTC, predicted the peak of this bull market in May 2025 and has over 200,000 followers on platform X. In mid-April, he shorted Bitcoin at 74,688 USD and switched to long during the market-wide decline on June 5.

According to Jinshi reports, U.S. officials stated that the Strait of Hormuz is an international waterway, and no party can control its shipping routes or passage capacity.

According to Jinshi reports, the U.S. Central Command stated on social media that the Strait of Hormuz is open to all vessels seeking to pass through this international waterway legally.Despite Iran's unwarranted aggression, harassment, threats, and arbitrary statements, the U.S. military is deployed and ready to ensure freedom of navigation. Iran does not control the strait, and traffic is passing through.

According to CoinDesk, U.S. House Democrat Maxine Waters submitted an 11-page letter to the U.S. Department of Labor, requesting the withdrawal of a proposal that allows 401(k) retirement plans to invest in alternative assets (including private equity, private credit, real estate, commodities, and digital assets).Waters stated, "On one hand, the Department of Labor acknowledges that digital assets are suitable for the retirement savings of ordinary Americans, while on the other hand, the Securities and Exchange Commission (SEC) is still building investor protection mechanisms aimed at ensuring the safety of ordinary investors in these assets, which is inherently contradictory. The risks are not limited to the volatility of individual tokens (although the volatility is indeed significant); it reflects the general deterioration of the entire digital asset ecosystem, with trading activity, developer participation, and user engagement all significantly declining."Waters previously served as the chair of the House Financial Services Committee during the last Democratic administration, and if the Democrats win a majority in the U.S. House of Representatives after the November midterm elections, she may again serve as the chair of that committee.

The Sui ecosystem lending protocol Suilend officially announced that the DeFi development team Bluewater Labs will acquire Suilend and its ecological products SpringSui and STEAMM (AMM), and will take over its subsequent development and operational work. In addition, Bluefin co-founder Zabi will serve as the new CEO of Suilend.The announcement stated that after the acquisition is completed, Suilend will continue to operate as an independent platform, retaining its own brand, product direction, and underlying infrastructure. During the transition period, the team will adopt a security-first strategy, and users will not need to take any action; all current protocol functions such as deposits, lending, staking, and trading will continue to operate as usual.

Ray Dalio, founder of Bridgewater Associates, recently published a lengthy article sharing his thoughts on the investment decision-making system in the AI era, emphasizing that human insights still hold irreplaceable value in financial markets.Dalio believes that investing is essentially a "value-added near-zero-sum" competitive environment. When certain information becomes widely recognized, its investment value often declines rapidly. Therefore, even the most advanced AI systems are insufficient for investors to rely on completely or to follow blindly; the true competitive advantage still lies in unique human understanding and deep insights.Drawing on Bridgewater's 50 years of development experience, Dalio suggests that decision-making should be based on a clear, understandable, and verifiable principle system. He states that principled thinking does not rely on intuition or experiential judgment, but rather systematizes decision-making standards by analyzing contexts and causal relationships, recording core principles, and utilizing historical data for verification, ultimately transforming them into computable and automatically executable decision systems.He also points out that the formation of principles cannot solely depend on data mining or directly asking AI, but must be based on logical reasoning and an understanding of the operational laws of the real world.Dalio describes this process as a "collaborative game" between humans and AI. In this model, AI provides systematic suggestions based on established principles, while humans engage in independent thinking according to their own principle framework. Both parties continuously optimize the decision-making system through comparison, discussion, and logical verification.He believes that truly valuable principles should transcend time and geography, enduring scrutiny across different historical cycles and market environments. If a principle fails, it is necessary to re-examine the underlying causal relationships and continuously revise it.Dalio states that he has already applied this method in his family office to fully leverage the new generation of AI technology and plans to continue sharing related methodologies with the outside world. He also reminds market participants that as AI technology continues to evolve, the ability to effectively combine artificial intelligence with principled thinking may become an important watershed for future competitiveness.

According to The Block, Bernstein analysts stated that the 2026 FIFA World Cup will be the largest catalyst for the prediction market industry to date, expected to bring in over $3 billion in incremental betting volume and a $5-10 billion increase in consumer prediction market trading volume.The agency previously predicted that the prediction market industry would reach a trading volume of $1 trillion by 2030, with an estimated $240 billion in 2026 alone. Analysts believe that platforms such as DraftKings, Robinhood, and Coinbase will significantly benefit from the World Cup, with Robinhood's prediction market business expected to see a year-on-year revenue growth of 286% in 2026.

According to official news, the AI native trading platform WaterX on the Sui blockchain completed its first round of SpaceX (SPCX) Pre-IPO quota sales on May 27 last week, using a first-come, first-served basis, and sold out completely within 50 minutes. This is the first real private placement market company's Pre-IPO quota sale on the Sui blockchain. The first round was quickly filled, showing strong demand for scarce assets in the market. This means that private placement market assets are becoming a new category that this public chain can support within the Sui ecosystem. Subsequent rounds and assets will be announced through WaterX's official channels.WaterX is an AI native trading platform built on Sui, integrating three major engines: perpetual contracts, prediction markets, and tokenized RWA. Recently, WaterX announced its selection for the Sui Foundation Moonshots Program. The WaterX prediction market will also officially launch soon, covering all FIFA World Cup event markets in its first wave. To celebrate the launch, WaterX is simultaneously launching the "2026 World Cup Blind Box" event: users can choose a supported team and invite friends to join, and on the launch day, they can open the World Cup exclusive blind box.

Public company Hut 8 announced an agreement with West Feliciana Parish in Louisiana to invest approximately $16 million to expand the local water system capacity in conjunction with the development of its River Bend AI data center campus. This investment includes the construction of new water wells and approximately 8 miles of water supply main, which is expected to be completed in the second half of 2026 and will be transferred to the parish at no cost.The first phase of the River Bend campus represents a multi-billion dollar capital investment, and once fully operational, it is expected to support a total of 268 jobs. The campus will utilize a closed-loop cooling system to reduce the demand on local water resources.

According to Forbes, Bitcoin bulls have added a macro narrative. Ray Dalio, founder of Bridgewater Associates, warned that the $39 trillion debt crisis in the U.S. could lead to a long-term devaluation or even collapse of the dollar, while JPMorgan analysts believe that the market is witnessing a rotation from gold to Bitcoin in the currency devaluation trade.Dalio stated that the current annual spending in the U.S. is about $7 trillion, with revenues of only about $5 trillion, and the long-term fiscal deficit and debt expansion are nearing historically dangerous levels. He believes that during similar periods, fiat currencies tend to depreciate continuously, while gold benefits.Meanwhile, JPMorgan analyst Nikolaos Panigirtzoglou pointed out that as the conflict in Iran escalates, the inflow of funds into Bitcoin ETFs has continued to exceed that of gold ETFs, with some funds viewing Bitcoin as digital gold and a hedge against dollar devaluation.The report mentioned that since the outbreak of the U.S.-Iran conflict, the price of Bitcoin has risen by about 30%, although it is still below the historical high of $126,000 in 2025. Notable investors, including Stanley Druckenmiller and Elon Musk, have also expressed concerns about the long-term status of the dollar as a reserve currency.

According to Iranian media reports, the Iranian Revolutionary Guard stated that the Strait of Hormuz has been closed, and any passage through this waterway will face "severe measures." All vessels "traveling to and from ports of hostile allies and supporters of the U.S. and Israel" are prohibited from passing through any waterways or heading to any destinations.

According to CoinDesk analysis, Bitcoin has risen about 10% this week to above $72,000, briefly breaking through $73,900 during the day, and is approaching a key price range that has seen significant turning points multiple times over the past two years—approximately $73,750 to $74,400.This range previously suppressed upward trends in the first quarter of 2024 and marked the end of a downward trend in April 2025. If Bitcoin can decisively break through this range, it will signal a new bullish momentum; if it fails to break through, it may confirm that the overall downward trend that began last October is still ongoing. Traders need to closely monitor price movements in the coming days.

Deribit Chief Commercial Officer Jean-David Péquignot stated at the Consensus HK conference that the long-term upward trend of Bitcoin has currently been disrupted, and it is difficult to repair the technical upward structure before the price reclaims $85,000.Recently, Bitcoin's price has mainly been operating in the range of $60,000 to $70,000, a decline of about 45% from last year's historical high, and it may record a fourth consecutive week of decline. If Bitcoin breaks through $85,000 again, it would mean that buyers have basically absorbed the supply that previously suppressed the market and regained market dominance. At this stage, traders generally view the range of $58,000 to $60,000 as the key ultimate support area for this adjustment cycle.