Market Whisper

Market Whisper focuses on data trends in cryptocurrencies and global financial markets, tracking price changes, capital flows, and market structures of Bitcoin and major digital assets. The content covers ETF capital flows, on-chain data, macroeconomic trends, and technology stocks, emphasizing the cross-market interactions between the crypto market and traditional finance. Based on public data, company disclosures, and market information, it provides real-time, structured, and verifiable market insights.

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The UK FCA proposes a 10% cap on retail funds’ holdings of crypto ETNs, launching a five-week consultation

The UK FCA proposes a 10% cap on retail funds’ holdings of crypto ETNs, launching a five-week consultation

According to CoinTelegraph on June 9, the UK Financial Conduct Authority (FCA) proposed in a quarterly consultation paper to allow certain authorised investment funds—including transferable securities collective investment schemes (UCITS) funds and some non-UCITS funds—to hold up to 10% of cryptocurrency exchange-traded notes (ETNs). The public consultation will run for 5 weeks, with a deadline of July 13. Confirmed Terms of the FCA Proposal: Scope, Exclusion Mechanisms, and Policy Background Ba

ETN1.78%
2h ago

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Hong Kong Monetary Authority: Mainland customers can normally apply to open accounts; new investment accounts require a written declaration of the source of funds

A spokesperson for the Hong Kong Monetary Authority (HKMA) issued a statement on June 6, saying Mainland clients can still normally apply to open bank accounts in Hong Kong, and overall, the account-opening process is running smoothly. According to the HKMA regulatory circular published on May 22, when Mainland residents open new bank investment accounts in Hong Kong, they must make a written declaration confirming that all funds used for investment and settlement are from legitimate sources out
2h ago
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TeamPCP Miasma worm infiltrates Microsoft code library, GitHub automatically blocks and intercepts

Miasma worm infected more than 70 Microsoft GitHub open-source repositories within two minutes on June 6. GitHub’s automated defense system shut down 73 infected repositories within 105 seconds after the malicious code was submitted. The affected repositories mainly cover Azure Functions host processes and the open-source versions of the Durable Task task orchestration framework across multiple languages. Attack chain: confirmed technical mechanism and affected scope Based on confirmed reporting
2h ago
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Bithumb headquarters searched by South Korean police; lawmaker Kim Byung-ki allegedly involved in arranging his son’s position

According to a report by Korean media outlet News1 on June 8, Korean police have launched a search and seizure operation targeting Bithumb, one of the country’s major cryptocurrency exchanges, investigating a case involving nonpartisan National Assembly member Kim Byung-ki, who is suspected of using political influence to secure jobs for his son at multiple cryptocurrency companies. Kim Byung-ki’s son began working at Bithumb in January 2025 and served for about six months. Allegations Involving
2h ago
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Philadelphia Children’s Hospital study: It’s safer for children to have a phone at age 13; using it 5 hours a day increases the risk of depression

A study by the team of adolescent psychiatrist Ran Barzilay at the Children’s Hospital of Philadelphia, cited by BlockTempo on June 9, shows that for children who get their first smartphone at age 13, there is "no association" between depression and obesity. The study also found that teenagers who use smartphones for more than 5 hours per day have more than double the risk of developing depression, obesity, and insufficient sleep within one year after getting a phone. Research Design and Data Ra
2h ago
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Pi Network completes its latest round of upgrades, and the Protocol 25 community discussion shifts toward ecosystem applications

An X account @justicechibueze posted on June 8, saying that Pi Network has successfully completed the Protocol 24 upgrade, and that Protocol 25 is the next confirmed milestone on its development roadmap. Pi Network’s global community has launched extensive discussions on this; the focus of the debate has clearly shifted from the technical protocol upgrade itself to questions about real-world ecosystem applications. Protocol 24 Completion and Protocol 25’s Roadmap Status Pi Network has confirmed
PI0.24%
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SpaceX S-1 low-key data leaks: Starlink users’ revenue drops 23%, net loss of 4.9 billion after xAI integration

On June 4, user @DamiDefi posted a long thread on X stating that he submitted SpaceX’s 300-page S-1 registration statement to Claude Opus 4.8 for analysis, asking the model to find what was “handled quietly” in the document. He found that Starlink’s average revenue per user (ARPU) fell 23% on average, and that xAI’s net loss was $4.9 billion after integration. Five Confirmed S-1 Disclosures and Claude’s Framework Assessment Sources of the 94-107x revenue multiple According to the S-1, the TAM cl
3h ago
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SpaceX’s $75 billion IPO countdown as Taiwan stocks’ “low-Earth-orbit satellite” concept shares surge

SpaceX has applied to be listed on Nasdaq under the code name SPCX. If completed on schedule, it could raise about $75 billion, with an estimated valuation of about $1.77 trillion. Driven by this news, Taiwan stocks’ low-Earth orbit satellite concept shares saw sharp gains on June 9 during intraday trading: Shengda Ke peaked at NT$1,920, Huatongda at NT$274, Qis i rose to NT$290, TAI-GUANGDIAN reached NT$5,040, and Lianmao hit NT$253.5. SpaceX Three Major Business Financial Figures (2025) In 202
SPCX-3.88%
3h ago
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CITIC Securities warns: the oil market has underestimated the risk of the Strait of Hormuz; Bitcoin faces pressure, down 18% this week

CITIC Securities released a report on June 8, warning that the oil market may be underestimating near- to mid-term risks, including the risk of the Strait of Hormuz being closed and weak U.S. drilling activity. On June 8 intraday, Brent crude rose to briefly break above $97 amid exchanges of missiles between Iran and Israel, and closed at around $94.25. As of the week of June 5, Bitcoin fell by nearly 18%. Confirmed Oil Inventory and Supply Data Based on publicly confirmed data from multiple ins
ETH0.21%
3h ago
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Taiwan stock margin financing balance hits a record high of NT$78 billion; Tsai Ming-Chang calls out five stocks to avoid as the most dangerous

Taiwan stock index futures night session suffered a sharp drop on June 8, plunging by 3,006 points (-6.65%), closing at 42,220 points and setting the biggest single-day decline in history; Taiwan stock margin financing outstanding concentrated in the main markets reached 566.6 billion yuan, and the whole market (including over-the-counter) totaled 780 billion yuan, with both setting record highs. Wanbao Investment Consulting’s investment director, Cai Mingzhang, specifically pointed to avoiding
4h ago
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