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12:27
Bitwise advisor: The sell-off in bitcoin is not due to strategy, but because funds are shifting to hot targets such as SpaceX and Anthropic.
BlockBeats news, on June 4, Bitwise advisor Jeff Park posted on social media stating that he does not believe the sell-off of Bitcoin was due to Strategy (MSTR) selling Bitcoin. Jeff Park believes that Bitcoin is more likely being used to provide liquidity for upcoming trending trades in the market, such as SpaceX, Anthropic, and other assets that investors suddenly "must hold." This suggests that the breaking of these correlations in the future will itself become a new driving force.
12:26
Reuters Survey: Canadian Dollar Expected to Appreciate 1.4% in Next 3 Months
On June 4, a Reuters survey indicated that the Canadian dollar is expected to appreciate by 1.4% over the next three months, reaching 1.37 CAD per USD (compared to the May survey expectation of 1.3667). It is anticipated that the Canadian dollar will appreciate by 3.7% over the next 12 months, reaching 1.34 CAD per USD (compared to the May survey expectation of 1.3433).
12:26
S&P Global Launches AI-Driven Credit Memo Generation Tool
On June 4, S&P Global launched a credit memo generation tool powered by intelligent agent-based artificial intelligence.
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