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Planet Evening News: Summary of Crypto Market Dynamics and Important Financial News

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#Crypto Stocks
Odaily
480Words
Jun 8, 2025

1. Matrixport pointed out that Wall Street funds are flowing into crypto stocks, but the crypto market has not strengthened correspondingly;

2. Binance will launch $HOME perpetual contracts and $Alpha trading;

3. Citi expects the Federal Reserve to cut interest rates by 75 basis points this year;

4. A former Huaxing Capital investor stated that investing in Circle seven years ago involved an element of luck, and the current 20 billion USD market value is unexpected;

5. OKX is about to launch $USDG (Global Dollar);

6. Coinbase CEO stated that Bitcoin is a better form of currency than gold;

7. Nasdaq-listed company Oblong raised 7.50 million USD and initiated a digital asset strategy;

8. The first meeting of the China-US economic and trade consultation mechanism is taking place in the UK;

9. Binance announced that at least 236 $Alpha points can claim an airdrop of 800 $SKATE tokens when trading opens;

10. Binance will stop supporting deposit and withdrawal services for $FIS and $MDT tokens.

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