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On June 4, The New York Times reported that even if the United States and Iran reach a peace agreement in the future, it may still take a long time for normal shipping to resume in the Strait of Hormuz. Due to increased security risks and soaring war insurance costs, global energy trade is unlikely to return to pre-war levels in the short term. Oil-producing countries such as the United States, Canada, Brazil, Kazakhstan, and Venezuela are increasing crude oil production, and the U.S. Strategic Petroleum Reserve (SPR) continues to release stocks to alleviate supply shortages. Meanwhile, Saudi Arabia and the UAE are diverting some transportation demands that originally relied on the Strait of Hormuz through overland pipelines. However, the economy of the Gulf region is still under significant pressure. Qatar's liquefied natural gas exports are highly dependent on the Strait of Hormuz, and the International Monetary Fund (IMF) expects its economy to shrink by about 9% this year; the overall economic growth expectations for Gulf countries have also been significantly downgraded. Limited energy supply has driven up prices for natural gas, fertilizers, and food, further exacerbating global inflationary pressures. However, as the market seeks alternative supply sources, adjusts consumption structures, and gradually releases new production capacity, the impact of the Hormuz crisis on the market is shifting from short-term shocks to long-term risk pricing. In the future, the market's focus may return to liquidity, interest rate policies, and the fundamentals of the global economy.

[The New York Times: Market Gradually Absorbing the Blockade of the Strait of Hormuz]On June 4, The New York Times reported that even if the United States and Iran reach a peace agreement in the future, it may still take a long time for normal shipping to resume in the Strait of Hormuz. Due to increased security risks and soaring war insurance costs, global energy trade is unlikely to return to pre-war levels in the short term. Oil-producing countries such as the United States, Canada, Brazil, Kazakhstan, and Venezuela are increasing crude oil production, and the U.S. Strategic Petroleum Reserve (SPR) continues to release stocks to alleviate supply shortages. Meanwhile, Saudi Arabia and the UAE are diverting some transportation demands that originally relied on the Strait of Hormuz through overland pipelines. However, the economy of the Gulf region is still under significant pressure. Qatar's liquefied natural gas exports are highly dependent on the Strait of Hormuz, and the International Monetary Fund (IMF) expects its economy to shrink by about 9% this year; the overall economic growth expectations for Gulf countries have also been significantly downgraded. Limited energy supply has driven up prices for natural gas, fertilizers, and food, further exacerbating global inflationary pressures. However, as the market seeks alternative supply sources, adjusts consumption structures, and gradually releases new production capacity, the impact of the Hormuz crisis on the market is shifting from short-term shocks to long-term risk pricing. In the future, the market's focus may return to liquidity, interest rate policies, and the fundamentals of the global economy.

The New York Times: Market Gradually Absorbing the Blockade of the Strait of Hormuz

On June 4, BSCN reported that long-time Bitcoin critic Peter Schiff recently stated that Tether's market cap will not only surpass Ethereum in the future but will ultimately exceed Bitcoin as well. He believes that the only uncertainty is not the outcome, but rather how long the process will take to complete. Schiff noted that as the use of stablecoins expands in payments, transaction settlements, and the circulation of digital dollars, the demand for USDT may continue to grow at a faster pace than volatile assets like Bitcoin. He maintains that Bitcoin lacks intrinsic value, while stablecoins have a clearer utility in actual financial activities. However, Schiff also mentioned that after a recent market downturn, Bitcoin has found short-term support around $61,000. BTC has rebounded over $2,000 from its recent low, indicating that there is some buying strength in that area.

[Peter Schiff: USDT Market Cap Will Eventually Exceed Bitcoin, BTC Finds Short-Term Support Around $61,000]On June 4, BSCN reported that long-time Bitcoin critic Peter Schiff recently stated that Tether's market cap will not only surpass Ethereum in the future but will ultimately exceed Bitcoin as well. He believes that the only uncertainty is not the outcome, but rather how long the process will take to complete. Schiff noted that as the use of stablecoins expands in payments, transaction settlements, and the circulation of digital dollars, the demand for USDT may continue to grow at a faster pace than volatile assets like Bitcoin. He maintains that Bitcoin lacks intrinsic value, while stablecoins have a clearer utility in actual financial activities. However, Schiff also mentioned that after a recent market downturn, Bitcoin has found short-term support around $61,000. BTC has rebounded over $2,000 from its recent low, indicating that there is some buying strength in that area.

Peter Schiff: USDT Market Cap Will Eventually Exceed Bitcoin, BTC Finds Short-Term Support Around $61,000

On June 4, market news: Sources indicate that the Bank of Japan is considering a rate hike in June and may raise rates again in 2026. (Jin Shi)

[Sources: Bank of Japan Considering Rate Hike in June, Possible Increase Again in 2026]On June 4, market news: Sources indicate that the Bank of Japan is considering a rate hike in June and may raise rates again in 2026. (Jin Shi)

Sources: Bank of Japan Considering Rate Hike in June, Possible Increase Again in 2026

On June 4, the Saturn Foundation, a DeFi digital lending protocol, tweeted that it has noticed depegging issues with other STRC-supported stablecoins and protocols, but the Saturn platform and its products remain unaffected. The USDat and sUSDat issued by Saturn utilize a specialized risk isolation design, completely independent of the risks associated with other protocols.

[Saturn: Unaffected by STRC-Supported Stablecoin Depegging]On June 4, the Saturn Foundation, a DeFi digital lending protocol, tweeted that it has noticed depegging issues with other STRC-supported stablecoins and protocols, but the Saturn platform and its products remain unaffected. The USDat and sUSDat issued by Saturn utilize a specialized risk isolation design, completely independent of the risks associated with other protocols.

Saturn: Unaffected by STRC-Supported Stablecoin Depegging

On June 4, according to data from Farside Investors, the US spot Bitcoin ETF recorded a total net outflow of $396.6 million on June 3. Among these, BlackRock's IBIT had the largest single-day net outflow of $342.3 million; Fidelity's FBTC saw a net outflow of $54.3 million, while other major products experienced relatively stable fund flows. Meanwhile, the US spot Ethereum ETF had a total net outflow of $53 million on the same day. BlackRock's ETHA recorded a net outflow of $51.6 million, FETH had a net outflow of $1.4 million, and other products showed no significant fund movement.

[US Spot Bitcoin ETF Sees $396.6 Million Net Outflow in One Day, BlackRock's IBIT Withdraws $342.3 Million]On June 4, according to data from Farside Investors, the US spot Bitcoin ETF recorded a total net outflow of $396.6 million on June 3. Among these, BlackRock's IBIT had the largest single-day net outflow of $342.3 million; Fidelity's FBTC saw a net outflow of $54.3 million, while other major products experienced relatively stable fund flows. Meanwhile, the US spot Ethereum ETF had a total net outflow of $53 million on the same day. BlackRock's ETHA recorded a net outflow of $51.6 million, FETH had a net outflow of $1.4 million, and other products showed no significant fund movement.

US Spot Bitcoin ETF Sees $396.6 Million Net Outflow in One Day, BlackRock's IBIT Withdraws $342.3 Million

On June 4, OpenAI CEO Sam Altman stated that he does not plan to contribute financially to this year's U.S. midterm elections, while other Silicon Valley billionaires have pledged to invest heavily in efforts to influence the elections that will determine control of Congress. During his visit to Washington on Wednesday, Altman expressed understanding for those who commit to funding campaigns, despite his own decision against political donations. "You can't hold us to a different standard than all other competitors. If they try to unite against us with money, we must have the ability to fight back," Altman said after meeting with Senator Bernie Sanders on Capitol Hill. "But I also very much hope to see the overall rules change. I want to see money exit the political arena," he added. (Sina Finance)

[OpenAI CEO Declares No Plans to Donate for 2026 U.S. Midterm Elections]On June 4, OpenAI CEO Sam Altman stated that he does not plan to contribute financially to this year's U.S. midterm elections, while other Silicon Valley billionaires have pledged to invest heavily in efforts to influence the elections that will determine control of Congress. During his visit to Washington on Wednesday, Altman expressed understanding for those who commit to funding campaigns, despite his own decision against political donations. "You can't hold us to a different standard than all other competitors. If they try to unite against us with money, we must have the ability to fight back," Altman said after meeting with Senator Bernie Sanders on Capitol Hill. "But I also very much hope to see the overall rules change. I want to see money exit the political arena," he added. (Sina Finance)

OpenAI CEO Declares No Plans to Donate for 2026 U.S. Midterm Elections

On June 4, the 'High-Quality Token Service Seminar' will be held on June 16. It is reported that the forum will launch the new version of the 'Public Cloud Large Model Token Service Performance Monitoring Platform' and release the 'Public Cloud Large Model Token Service Performance Monitoring Results (June 2026)', which will provide an objective quantitative assessment of the token throughput, latency, and other performance metrics of mainstream token service platforms. This will serve as a reference for industry stakeholders in selecting options and improving service quality. Additionally, the forum will focus on releasing a series of standards for 'Token Services' and provide authoritative interpretations. (Securities Times)

[New Version of Public Cloud Large Model Token Service Performance Monitoring Platform to Launch]On June 4, the 'High-Quality Token Service Seminar' will be held on June 16. It is reported that the forum will launch the new version of the 'Public Cloud Large Model Token Service Performance Monitoring Platform' and release the 'Public Cloud Large Model Token Service Performance Monitoring Results (June 2026)', which will provide an objective quantitative assessment of the token throughput, latency, and other performance metrics of mainstream token service platforms. This will serve as a reference for industry stakeholders in selecting options and improving service quality. Additionally, the forum will focus on releasing a series of standards for 'Token Services' and provide authoritative interpretations. (Securities Times)

New Version of Public Cloud Large Model Token Service Performance Monitoring Platform to Launch

According to Beating monitoring, at TSMC's annual shareholder meeting held in Hsinchu on Thursday, Chairman and CEO C.C. Wei stated that global chip supply will not be able to meet the surging demand for AI in the coming years. Wei pointed out that even with the new manufacturing capacity being built in the U.S., TSMC still cannot fully satisfy the enormous demand from American customers, and achieving a balance between supply and demand will take a long time. Despite the tight supply situation, Wei reaffirmed TSMC's forecast of over 30% sales growth this year. In April, TSMC raised its full-year sales guidance, expecting capital expenditures to approach the upper limit of the $56 billion forecast range, while global major hyperscale cloud service providers are expected to spend a record $725 billion in the AI sector this year. Due to disappointing performance outlooks from clients like Broadcom, TSMC's stock price in Taipei fell slightly by 1% today, but it has more than quadrupled over the past three years. In response to calls for sharing the AI boom's benefits, Wei reiterated at the meeting that TSMC employees' average bonuses will increase by over 30% this year.

[TSMC Warns Chip Supply Shortage Will Last for Years, Reiterates Over 30% Revenue Growth This Year]According to Beating monitoring, at TSMC's annual shareholder meeting held in Hsinchu on Thursday, Chairman and CEO C.C. Wei stated that global chip supply will not be able to meet the surging demand for AI in the coming years. Wei pointed out that even with the new manufacturing capacity being built in the U.S., TSMC still cannot fully satisfy the enormous demand from American customers, and achieving a balance between supply and demand will take a long time. Despite the tight supply situation, Wei reaffirmed TSMC's forecast of over 30% sales growth this year. In April, TSMC raised its full-year sales guidance, expecting capital expenditures to approach the upper limit of the $56 billion forecast range, while global major hyperscale cloud service providers are expected to spend a record $725 billion in the AI sector this year. Due to disappointing performance outlooks from clients like Broadcom, TSMC's stock price in Taipei fell slightly by 1% today, but it has more than quadrupled over the past three years. In response to calls for sharing the AI boom's benefits, Wei reiterated at the meeting that TSMC employees' average bonuses will increase by over 30% this year.

TSMC Warns Chip Supply Shortage Will Last for Years, Reiterates Over 30% Revenue Growth This Year

On June 4, according to monitoring by @Lookonchain, the Ethereum reserve strategy of the institutional whale FG Nexus has accumulated a loss of over $85 million. FG Nexus purchased 50,770 ETH at an average price of $3,860 between August and September 2025, with a total investment of approximately $196 million. Subsequently, they began to continuously reduce their holdings starting in November 2025, and to date, have sold a total of 36,025 ETH at an average selling price of approximately $2,330, recovering around $83.92 million.

[FG Nexus Sells ETH, Resulting in Over $85 Million Loss]On June 4, according to monitoring by @Lookonchain, the Ethereum reserve strategy of the institutional whale FG Nexus has accumulated a loss of over $85 million. FG Nexus purchased 50,770 ETH at an average price of $3,860 between August and September 2025, with a total investment of approximately $196 million. Subsequently, they began to continuously reduce their holdings starting in November 2025, and to date, have sold a total of 36,025 ETH at an average selling price of approximately $2,330, recovering around $83.92 million.

FG Nexus Sells ETH, Resulting in Over $85 Million Loss

On June 3, WTI crude oil futures rose 3% during the day, currently priced at $96.58 per barrel. Brent crude oil futures increased by 2.75%, priced at $98.643 per barrel.

[U.S. Oil Futures Rise 3%]On June 3, WTI crude oil futures rose 3% during the day, currently priced at $96.58 per barrel. Brent crude oil futures increased by 2.75%, priced at $98.643 per barrel.

U.S. Oil Futures Rise 3%

VVV Surges Over 10x This Year, Is the Base Ecosystem the Last Hope for Crypto AI?

Bitcoin Correction Pushes 580,000 BTC Into Loss Territory

One Article Deconstructs the Investment Methodology of 'Stock God Serenity'

Deconstructing the Investment Methodology of the 'Stock God Serenity' in One Article

Sharplink CEO: Ethereum's Future Is Playing Out Now

Kalshi and Coinbase Receive CFTC Approval, Ushering in the Most Regulation-Friendly Era for the Crypto Industry?

Weekly Token Unlocks: HYPE Unlocks $650M Worth of Tokens

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Over $1 Billion in Cryptocurrencies Forced to Liquidate, Bitcoin Plunges 6% Below $67,000

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Bitcoin Faces Panic Sell-off as Coin-Margined Contract Open Interest Nears Historical Highs

U.S. Oil Futures Rise 3%

Disclaimer：The content above does not represent HTX's positions.，HTX does not provide any trading recommendations.。

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