Today's Crypto and Bitcoin News

1. Market Overview Yesterday, the global crypto market pulled back sharply amid escalating geopolitical tensions and mixed macro signals. Total market cap dropped approximately 3.7%, falling to around $3.26 trillion. Bitcoin declined ~2.3%, sliding to near $105,200, with intraday lows dipping as geopolitical conflict intensified. Ethereum experienced a steeper fall, plunging ~7.5% to about $2,540, reflecting heightened volatility in the altcoin arena . Spot ETFs remained active, with Bitcoin-based funds seeing $86 million in inflows and Ethereum ETFs $112 million—though both marked down from the previous day’s totals.   2. Crypto Market Sentiment Investor risk appetite waned due to fresh Middle East tensions—notably an Israeli airstrike on Iran—which weighed heavily on risk assets including crypto .In parallel, markets digested conflicting U.S. inflation data: a cooler-than-expected CPI had briefly lifted prices before triggering a reversal driven by over-leveraged liquidations and key support breaches near $3.35 trillion.The Crypto Fear & Greed Index dropped from 61 (“greed”) to 54 (“neutral”), signaling rising caution. 3. Key Developments U.S. Crypto Regulation & LegislationThe U.S. Senate advanced the GENIUS stablecoin bill via a 68–30 cloture vote, moving closer to a regulatory framework that could bring asset backing and oversight.Meanwhile, David Sacks (White House AI & Crypto Czar) highlighted the Trump administration's pro-crypto stance, noting stablecoin and broader crypto bills are now nearing floor votes in both chambers. Stablecoin & Spot ETFs SurgeDespite market dips, total crypto ETF inflows remained significant. The combined purchases signal institutional conviction even amid heightened volatility. Traditional Finance & On‑Chain ActivityCoinbase’s stock rose 1.2% amid increased trading volume (~8.5 million shares), coinciding with notable gains in the Base layer‑2 ecosystem, which saw its TVL reach $38.7 billion.This correlation underscores the growing interplay between traditional equities and DeFi infrastructure.   🧭 Outlook Ahead With geopolitical and macro pressures still dominating, traders will monitor whether the current dip remains a short-term correction or signals a deeper shift. Upcoming milestones include the final Senate vote on stablecoin regulation and further CPI/PPI data, which could redefine sentiment by mid‑June.  

BTC$105,404.40+0.64%

ETH$2,537.59+1.07%

Key Takeaways Macroeconomic Environment: U.S. PPI data signals easing inflation; Trump continues to pressure Powell for rate cuts. All three major U.S. stock indices closed higher. However, after-hours trading saw a sharp reversal as geopolitical tensions escalated—Israel launched an attack on Iran, sending oil prices soaring by 8%. Risk-off sentiment surged, gold jumped back to $3400, and global stock markets tumbled. Crypto Market: Bitcoin remained highly correlated with U.S. equity futures. Following the geopolitical escalation, the crypto market saw an accelerated downturn after hours. The Trump campaign's early warning of potential conflict heightened market fears, and the actual military strike triggered a wave of sell-offs. The entire crypto market experienced broad declines: ETH/BTC dropped sharply, and altcoins saw even steeper losses. Today's Outlook: U.S. June 1-Year Inflation Expectations (Preliminary). U.S. June University of Michigan Consumer Sentiment Index (Preliminary) Main Asset Changes Index Value % Change S&P 500 6,045.25 +0.38% NASDAQ 19,662.48 +0.24% BTC 105,676.30 -2.74% ETH 2,642.81 -4.65%   Crypto Fear & Greed Index: 61 (down from 71 24 hours ago), currently in Greed territory Macro Economy Israel officially announced a preemptive strike on Iran; Israeli PM stated military operations will last for several days Trump: There is a strong possibility of a large-scale conflict in the Middle East U.S. May PPI rose mildly by 0.1% MoM; core inflation hit a near one-year low Trump proposed a 200 basis point Fed rate cut, claiming it could save $600 billion annually Industry Highlights The U.S. SEC officially scrapped the expanded "Custody Rule" proposal and "Rule 3b-16," along with other Gensler-era regulations Trump: Will establish a clear regulatory framework to help the U.S. lead the future of Bitcoin and crypto The U.S. Senate is set to vote on the GENIUS Act on June 17 U.S. SEC delayed decisions on Bitwise Dogecoin, Grayscale Hedera, and VanEck Avalanche ETFs Ripple and SEC proposed a settlement on a $125 million fine, seeking to end years-long litigation DTCC (Depository Trust & Clearing Corporation) is exploring stablecoin applications Ant Digital Technologies has applied for a Hong Kong stablecoin license Shopify partners with Coinbase and Stripe to promote USDC stablecoin payments Project Highlights Trending Tokens: PAXG, XAUT Geopolitical conflict heightened risk-off sentiment; gold broke above $3400, and tokenized gold assets PAXG and XAUT surged in tandem     Note: There may be discrepancies between this original content in English and any translated versions. Please refer to the original English version for the most accurate information, in case any discrepancies arise.

Key Takeaways Macro Environment: Cooling inflation clashes with rising geopolitical tensions, causing U.S. stocks to experience a roller-coaster ride. U.S. May CPI slowed more than expected, with no tariff pass-through observed yet. This boosted market expectations for a Fed rate cut in September, causing U.S. Treasury yields to plummet and stock futures to rise. However, escalating Middle East tensions and Trump's statement of "diminished confidence" in reaching a nuclear deal with Iran quickly reversed risk sentiment. The S&P 500 closed down 0.27% and the Nasdaq fell 0.5%, wiping out early gains. Crypto Market: Bitcoin’s correlation with U.S. equities strengthened under macro influence, while ETH showed relative resilience. Bitcoin surged past $110,000 amid optimism over U.S.-China trade talks and inflation data, nearing its all-time high before retreating alongside equities, ending its 5-day winning streak. ETH remained strong, peaking above $2,880 before pulling back; the ETH/BTC ratio stabilized at 0.025 as market attention continued to grow. Bitcoin dominance rose slightly by 0.06%, while altcoins saw steeper losses during the broader market correction. Project Highlights: South Korea’s new president will promote the development of a Korean won stablecoin, and KAIA has joined the national competition with plans to issue one. This has driven KAIA’s price up 56% over the past three days. Today's Outlook: U.S. May PPI data release. APT token unlock: 1.79% of total supply, valued at approx. $52.7 million. Apple’s WWDC25 continues (June 9–13) Main Asset Changes Index Value % Change S&P 500 6,022.25 -0.27% NASDAQ 19,615.88 -0.50% BTC 108,656.40 -1.47% ETH 2,771.71 -1.59%   Crypto Fear & Greed Index: 71 (previously 72) — Greed Macro Economy U.S. May CPI YoY: +2.4% (est. 2.4%, prev. 2.3%) U.S. May Core CPI YoY: +2.8% (est. 2.9%, prev. 2.8%) Trump: Fed should cut rates by 100 basis points EU seeks to extend U.S.-EU trade talks beyond Trump’s July deadline U.S. Treasury Secretary Bessent: U.S. open to extending 90-day tariff pause to July 9 if trade partners show “good faith” U.S. Commerce Secretary: “One deal after another” will be reached starting next week Trump: Federal appeals court confirms U.S. can use tariffs as a policy tool Trump on Iran: "Confidence in nuclear deal is diminishing"; U.S. may reduce diplomatic staff in Iraq; Iran warns of retaliation if talks collapse Industry Highlights U.S. Senate passes GENIUS Act related to stablecoin regulation U.S. Treasury Secretary reaffirms that stablecoins could help maintain dollar dominance Singapore regulator urges crypto exchanges without local licenses to exit quickly Elon Musk: Regrets some posts about Trump last week; Trump says reconciliation with Musk is possible but not a priority BofA CEO: Banks developing stablecoins independently and collaborating across the industry The Blockchain Group approved for €11 billion fundraising to accelerate Bitcoin acquisition strategy Japan’s Remixpoint adds 50 BTC, raising total holdings to 925 BTC Mercurity Fintech announces $800M BTC reserve plan, joins the Russell 2000 Index GameStop plans $1.75B private placement of convertible preferred notes “MicroStrategy of Solana” — DDC halts $1B securities issuance due to missing 10-K filing Project Highlights Trending Tokens: ZBCN, KAIA KAIA: Riding strong momentum as South Korea’s president pushes for a Korean won stablecoin; KAIA to issue its own FET: U.S.-listed company Interactive Strength raises $500M to acquire FET tokens A (formerly EOS): IPO filed by Bullish, a crypto exchange backed by PayPal’s former CEO; A and Bullish share the same parent entity ONDO: Ondo Finance’s tokenized U.S. Treasuries now live on the XRP Ledger Weekly Outlook June 13: U.S. preliminary 1-year inflation expectations (June). U.S. Michigan Consumer Sentiment Index (June, preliminary)     Note: There may be discrepancies between this original content in English and any translated versions. Please refer to the original English version for the most accurate information, in case any discrepancies arise.

Market Overview 📈 Yesterday (June 11), the crypto market extended its rally, buoyed by macro optimism and heavy institutional flows: Bitcoin traded between $108,331 and $110,400, settling around $109,476 as of 09:30 UTC, up ~0.2% on the day. Ethereum jumped from about $2,722 to a session high near $2,873, marking a 5.6% gain and its strongest ten-day performance. Total crypto market capitalization dipped slightly to $3.58 trillion, while 24-hour trading volume surged to $138 billion, the highest level in several days. Crypto Market Sentiment Overall sentiment turned decidedly bullish, underpinned by robust ETF inflows and on-chain momentum: Spot BTC ETFs recorded $431 million in inflows, and ETH ETFs extended their winning streak to 17 days, signaling strong institutional appetite. CME BTC futures open interest climbed to fresh highs, suggesting growing speculative positioning ahead of key macro releases. DeFi tokens outperformed: AAVE surged 3.8% in 24 hours after breaking resistance at $311.50, reflecting renewed optimism amidst potential regulatory relief. Stablecoin supply now exceeds $247 billion, prompting the U.S. Senate to advance the GENIUS Act for enhanced issuer oversight. Key Developments Soft CPI & U.S.–China Trade DraftA softer-than-expected May CPI release, coupled with a draft U.S.–China trade pact, eased dollar strength and catalyzed risk-asset flows, pushing BTC toward $110K and ETH above $2.8K. BlackRock’s ETH Buying SpreeBlackRock accelerated its Ethereum accumulation with $570 million invested over the past two weeks, underscoring growing confidence in ETH as an institutional asset. ETF Inflows Hit New HighsCombined spot BTC and ETH ETF inflows reached record daily levels, reinforcing the view that regulated vehicles are driving the current bull phase. Landmark Crypto Bill AdvancesThe U.S. Senate voted 68–30 to advance a comprehensive crypto regulation bill, marking a pivotal step toward clearer federal oversight of digital assets.  

Market Overview 📈 Broad rally amid macro tailwindsOver the weekend, crypto markets surged as continued institutional inflows and easing macroeconomic pressures fueled optimism. The total crypto market cap rose to around $3.54 trillion, with 98 of the top 100 coins in positive territory. Bitcoin climbed above $109 K, inching closer to its all-time high of ~$112 K, supported by a ~4 %+ bounce in 24 hours. Ethereum led altcoins, hitting ~$2,700–2,800—its strongest run in weeks—with gains over 7 %. 📊 Crypto Market Sentiment Fear-to-Greed swings bullishOn-chain and sentiment indicators turned bullish. The Bitwise Sentiment Index surged, with over 80% of altcoins outperforming BTC, and Ethereum saw its largest notional short squeeze of 2025. US spot Bitcoin ETFs recorded steady inflows—$2.8 bn in May alone—and Ethereum ETFs posted their 16th consecutive day of inflows. Macro catalysts in playThe trade sentiment shift—especially a handshake deal framework between the US and China agreed on June 10—helped strengthen risk appetite. This relieved some pressure off the US dollar, making crypto assets more appealing to risk-on investors. 🔑 Key Developments 1. Institutional capital surgesCrypto funds reached a record-high $167 bn AuM in May, driven largely by ETF inflows and investor reallocation from equity and gold funds. 2. Circle IPO inspires momentumStablecoin issuer Circle went public earlier this month, raising $1.05 bn—its stock more than doubled—setting a precedent for crypto firms like Gemini and Kraken. 3. Gemini files for US IPOThe Winklevoss-led exchange Gemini confidentially filed for a US IPO, signaling strong confidence in favorable market conditions and increased legitimacy of crypto as an investable sector. 4. UK opens crypto ETNs to retailThe UK Financial Conduct Authority is lifting its ban on crypto-backed ETNs, allowing retail participation while reinforcing investor protections—a milestone in European crypto adoption.

Key Takeaways Macro Environment: The second day of U.S.-China talks progressed smoothly, boosting market sentiment and pushing U.S. equities higher. All three major indices closed up, with the S&P 500 and Nasdaq recording a three-day winning streak. Crypto Market: Bitcoin declined during the Asia trading session but rebounded modestly on positive developments from U.S.-China negotiations, marking its fifth consecutive daily gain. Following the “DeFi and the American Spirit” roundtable, the U.S. officially recognized DeFi as a national priority, driving ETH above the critical $2,800 level. The ETH/BTC ratio rose to 0.0255, a 5.1% increase from the previous day. ETH’s surge sparked broad gains across the Ethereum ecosystem, including UNI, LDO, ENS, AAVE, ARB, OP, RPL, and COMP. Today's Outlook: U.S. May CPI data release. Apple’s Worldwide Developers Conference (WWDC25) continues (June 9–13) Main Asset Changes Index Value % Change S&P 500 6,038.80 +0.55% NASDAQ 19,714.99 +0.63% BTC 110,276.00 +0.01% ETH 2,816.45 +5.08%   Crypto Market Fear & Greed Index: 72 (Up from 71 24 hours ago) — Greed Macro Economy U.S.-China Trade Negotiation Mechanism: Both delegations have reportedly reached consensus on a trade framework India and the U.S. are expected to finalize a temporary trade agreement by the end of June Industry Highlights U.S. Senate Majority Leader filed a motion to end debate on the GENIUS Act, with a vote expected this week Connecticut passes legislation banning state government from holding or investing in virtual currencies The U.S. SEC officially acknowledged DeFi as a national priority The “CLARITY Act” amendment aiming to ban Trump from profiting from crypto was rejected Bitcoin Core developers plan to implement an OP_RETURN change in October, increasing the default data payload limit from 80 bytes to nearly 4MB The U.S. SEC has asked Solana ETF issuers to submit revised S-1 filings by next week; approval could come as soon as July Siebert Financial, a public company, aims to raise $100 million to purchase BTC, ETH, and SOL GameStop disclosed it purchased 4,710 BTC as reserve assets between May 3 and June 10 Project Highlights Trending Tokens: UNI, COMP, FARTCOIN DeFi regulatory outlook remains optimistic. ETH broke above $2,800, fueling a strong rally across Ethereum-based tokens like UNI, COMP, RPL, LDO, and ENS AXL/POKT: Upbit listed AXL/KRW; Bithumb added POKT/KRW. Both tokens surged, with AXL up 47% and POKT up 28% HOME: Coinbase will list HOME; the token surged 26% Weekly Outlook June 11: U.S. May CPI data June 12: U.S. May PPI data; APT unlock of 1.79% of circulating supply (approx. $52.7M) June 13: U.S. preliminary 1-year inflation expectations for June; University of Michigan Consumer Sentiment Index (prelim); Coinbase Institutional to enable 24/7 XRP and SOL futures trading for U.S. clients TBD: U.S. Senator suggests the Stablecoin Bill may vote this week     Note: There may be discrepancies between this original content in English and any translated versions. Please refer to the original English version for the most accurate information, in case any discrepancies arise.

Market Overview Over the weekend (June 7–8), digital currency markets traded in a tight range as Bitcoin (BTC) oscillated between $62,000 and $64,500, ending virtually flat at $63,100 (–0.3%). Ethereum (ETH) saw slightly more volatility, dipping to $3,150 before rebounding to $3,220 (+1.1%). Total crypto market capitalization hovered around $2.9 trillion, with 24-hour trading volumes averaging $110 billion. Altcoins outperformed modestly: Solana (SOL) rose 3.7% on anticipation of its upcoming wormhole upgrade, while Polkadot (DOT) gained 2.2% amid growing parachain interest. Crypto Market Sentiment Fear & Greed Index: Moved up from 58 (“Greed”) to 64, reflecting renewed optimism around DeFi protocol launches and reduced sell-pressure after last week’s regulatory headlines. Volatility: The CBOE Bitcoin Volatility Index (BVOL) eased from 72% to 65%, indicating a calmer market environment as traders awaited Monday’s US Senate hearing on stablecoin regulation. On-Chain Activity: Active addresses on Ethereum climbed 7%, driven by increased engagement with DeFi DEX aggregators and a flurry of NFT minting activity on layer-2 networks. Key Developments US Senate Hearing on StablecoinsLawmakers convened on Monday to debate comprehensive stablecoin oversight. While no binding legislation emerged, several bipartisan proposals were tabled to require issuers to hold 1:1 reserves and submit to regular audits. Market participants view today’s session as laying groundwork for more robust consumer protections later this year. Ethereum’s Wormhole v2 Testnet LaunchThe Wormhole bridge team launched its v2 testnet to bolster cross-chain transfers with lower gas fees and enhanced security audits. Early feedback from developers has been positive, with bug-bounty programs already underway ahead of a mainnet rollout slated for late June. Grayscale Lowers Ethereum Trust FeesGrayscale Investments announced it will cut the management fee on its Ethereum Trust (ETHE) from 1.8% to 1.5% annually, effective July 1, aiming to narrow the premium to ETH’s spot price and compete more effectively with emerging ETH ETFs. South Korea Mulls Crypto Tax Deferral ProgramSeoul’s Ministry of Economy and Finance is reportedly drafting legislation to allow investors to defer capital gains taxes on crypto holdings held longer than two years, a move designed to curb short-term speculation and promote long-term participation.

Key Takeaways Macroeconomic Environment: U.S. May inflation expectations declined, easing monetary policy pressure. Combined with renewed optimism around U.S.-China trade negotiations, this boosted risk asset performance. Tech stocks, particularly the semiconductor sector, led the rally. Both the Nasdaq and S&P 500 closed higher, while U.S. Treasury yields fell alongside inflation expectations. The small-cap Russell 2000 outperformed the broader market, indicating improved market risk appetite. Crypto Market: The crypto market extended its optimism from Friday. Bitcoin once again broke above the $110,000 mark. At the U.S. "DeFi and American Spirit" roundtable, officials proposed an "innovation exemption" policy for DeFi platforms. This optimistic regulatory outlook pushed ETH/BTC higher, with ETH surpassing $2,700. The ETH/BTC rebound led to a broad rally in altcoins, signaling increased risk appetite. Bitcoin dominance declined from recent highs. Today’s Outlook: First meeting of the U.S.-China trade and economic consultation mechanism continues. Apple’s Worldwide Developers Conference (WWDC25) runs from June 9 to 13. Base ecosystem’s social prediction market Upside launches; Resolv (RESOLV) goes live Main Asset Changes Index Value % Change S&P 500 6,005.89 +0.09% NASDAQ 19,591.24 +0.31% BTC 110,270.00 +4.29% ETH 2,680.36 +6.79%   Crypto Fear & Greed Index: 71 (62 from 24 hours ago), level: Greed Macro Economy New York Fed survey shows 1-year inflation expectations at 3.2%, down 0.4 percentage points from a month ago U.S. Department of Justice requests extension of the stay on court ruling invalidating Trump-era tariffs Trump: U.S.-China talks progressing well; may consider lifting export restrictions Industry Highlights U.S. SEC Chair: Working on an “innovation exemption” policy for DeFi platforms U.S. SEC Chair: Recommends a more open stance toward crypto self-custody Kyrgyzstan to launch a gold-backed stablecoin pegged to the U.S. dollar in Q3 Strategy spent $110 million last week to acquire 1,045 bitcoins at an average price of $105,426 each Trump: Has not considered meeting with Elon Musk; unclear if Musk has used drugs BlackRock’s IBIT holdings exceed $70 billion in just 341 days Nasdaq applies to U.S. SEC to add XRP, SOL, ADA, and XLM to its crypto index The Blockchain Group and TOBAM launch €300 million Bitcoin investment plan CoinShares: Digital asset investment products saw $286 million net inflows last week, led by Ethereum U.S. software firm Bitmine Immersion Technologies makes its first Bitcoin purchase of 100 BTC Publicly listed company KULR seeks to raise $300 million through common stock issuance to increase Bitcoin holdings Project Highlights Trending Tokens: RVN, FARTCOIN, ANIME Optimistic DeFi regulation outlook drives ETH/BTC higher; Ethereum ecosystem tokens AAVE, UNI, LDO, OP, ARB, ETHFI see broad gains; HYPE hits new all-time high Strong rebound in AI sector with top gainers including TAO, ICP, AI16Z, AIOZ, COOKIE, GRIFFAIN KAIA: Recently launched native USDT, preparing to issue a KRW-pegged stablecoin Weekly Outlook June 10: Base ecosystem’s prediction market Upside goes live; Resolv (RESOLV) launches June 11: U.S. May CPI data June 12: U.S. May PPI data; APT unlocks 1.79% of circulating supply, valued at ~$52.7 million June 13: Preliminary U.S. one-year inflation expectations for June; Preliminary University of Michigan Consumer Sentiment Index; Coinbase Institutional enables 24/7 XRP and SOL futures trading for U.S. traders TBD: U.S. Senator says stablecoin legislation may be voted on this week     Note: There may be discrepancies between this original content in English and any translated versions. Please refer to the original English version for the most accurate information, in case any discrepancies arise.

Key Takeaways Macroeconomic Environment: On Friday, U.S. non-farm payrolls exceeded expectations, while the unemployment rate held steady in line with market forecasts. This alleviated recession fears and led to a broad rise in U.S. Treasury yields, as markets postponed expectations of a Fed rate cut. Meanwhile, despite a public confrontation between Trump and Musk, tensions did not escalate further. Against this backdrop, all three major U.S. stock indices closed higher, with the S&P 500 breaking above the 6000 mark again. In the crypto-related equity sector, Circle surged 29% on Friday, marking its second consecutive day of significant gains post-listing. Crypto Market: Driven by macro sentiment, Bitcoin followed the rally in U.S. equities on Friday, with bullish momentum extending into the weekend for three consecutive days of gains. The ETH/BTC ratio remained in a consolidation range with no clear breakout. Bitcoin dominance slightly retreated over the weekend, enabling a brief catch-up rally among major altcoins. Today's Outlook: U.S. May New York Fed 1-Year Inflation Expectations. U.S. SEC to host “DeFi and the American Spirit” roundtable on June 9. Apple Worldwide Developers Conference WWDC25 to be held June 9–13. U.S. court to rule on legality of Trump-era tariffs. Main Asset Changes Index Value % Change S&P 500 6,000.37 +1.03% NASDAQ 19,529.95 +1.20% BTC 105,735.70 +0.17% ETH 2,509.87 -0.59%   Crypto Fear & Greed Index: 62 (same as 24 hours ago), classified as "Fear" Macro Economy U.S. May Non-Farm Payrolls: +139,000 (above expectations) U.S. May Unemployment Rate: 4.2% (in line with expectations) Industry Highlights Hong Kong's Stablecoin Regulation Ordinance to take effect on August 1, 2025 Swiss government passes bill allowing automatic crypto asset information exchange with 74 partners UK FCA to lift ban on retail investment in crypto ETNs Japanese Senate passes Funds Settlement Act amendment, establishing a new regulatory regime for crypto intermediaries Trump shows no intention of reconciling with Musk and warns of “serious consequences” if Musk funds Democrats; Vice President Vance hopes Musk will return Michael Saylor posts another Bitcoin Tracker update, possibly indicating new BTC acquisitions Metaplanet CEO announces plan to raise $5.4 billion to accelerate Bitcoin strategy Trump Media Group registers up to $12 billion in new securities via updated S-3 filing, which could be used for Bitcoin purchases Major tech firms including Apple, X (Twitter), and Airbnb are exploring crypto adoption Polymarket becomes X’s official prediction market partner Crypto exchange Gemini files for IPO in the U.S. Project Highlights Trending Tokens: FARTCOIN, ICP, SPX FARTCOIN: Listed on Coinbase, which drove continued high discussion volume; trading volume up, price stable IOST: Announced $21 million in strategic financing TRUMP: Token reached partnership with WLFI, which committed to long-term holding. However, this has not significantly boosted the token’s price Weekly Outlook June 9: U.S. May NY Fed 1-Year Inflation Expectations; SEC's “DeFi and the American Spirit” roundtable; WWDC25 begins; U.S. court to rule on legality of Trump-era tariffs June 10: Launch of Upside, a social prediction market in the Base ecosystem; Resolv (RESOLV) launch June 11: U.S. May CPI release June 12: APT token unlock (1.79% of circulating supply, worth ~$52.7 million) June 13: Coinbase Institutional to enable 24/7 trading of XRP and SOL futures for U.S. traders TBD: Possible Senate vote on U.S. stablecoin bill; First U.S.-China trade consultation mechanism meeting     Note: There may be discrepancies between this original content in English and any translated versions. Please refer to the original English version for the most accurate information, in case any discrepancies arise.

What Is BOMB Crypto? BOMB is the native token of Bombie, a high-performing GameFi title integrated into the Telegram & TON and LINE & Kaia ecosystems. It is the first shooting game to fairly launch its token across both platforms. Set in a post-apocalyptic world, players “shoot to earn” by defeating zombies and participating in events. BOMB tokens are rewarded for in-game performance, including boss battles, arena rankings, and special tasks. Since its launch on August 24, 2024, Bombie has amassed over 9.9 million Telegram users, with 117,000 daily active users as of May 2025, and expanded to LINE in January 2025. How Does BOMB Work? BOMB operates on the TON, Kaia, BSC and other blockchain networks, supporting fast, low-fee transactions compatible with popular wallets. In-game, players earn BOMB through several mechanisms: Boss Fights: High-level battles yield significant BOMBIE rewards. Arena PvP: Daily and weekly ranking rewards are based on performance. Friend Referrals: Earn 3.5% of invited friends' arena earnings. Tasks and Rank Ups: Completing tasks and ranking up tiers also grant BOMBIE. Unlike traditional models, BOMB rewards are instant, with no locks or vesting, ensuring a truly player-first economy. History of BOMB Token Bombie’s “shoot-to-earn” mini-game was officially launched on Telegram on August 24, 2024, and later on LINE on January 22, 2025. It quickly rose to prominence, generating over $20.5 million in revenue and capturing a wide user base globally. In November 2024, the BOMB tokenomics were revealed, emphasizing a fair-launch airdrop model: 70% of tokens for player airdrops 15% for treasury & ecosystem development 10% for the team (with 12-month cliff and vesting) 5% for market making and liquidity This token strategy, paired with engaging mechanics and social platform integration, fueled massive user growth and retention. What Is BOMB Token Used for? 1. Governance $BOMB is a governance token that empowers holders to vote on key decisions, including: Game upgrades and new feature releases. Allocation of treasury funds for development and marketing. Expansion of the Bombie ecosystem. 2. In-Game Economy Players earn $BOMB by completing challenges, winning matches, and participating in tournaments. Tokens can be used for in-game transactions (except in countries where such services are not permitted under applicable laws), such as unlocking premium features or upgrading gameplay experiences. 3. Staking and Rewards Players can stake $BOMB to play other games, incentivizing long-term participation in the ecosystem. 4. Cross-Platform Integration $$BOMB facilitates seamless economic interactions between games on the Line and Telegram platforms, creating a unified token economy. Please note that the utility for$$BOMB as in-game payment is not available in countries where such services are not permitted under applicable laws.   How to Earn BOMB Tokens? Defeating BOSS: Players can earn substantial $Bombie points by defeating powerful bosses. These battles are typically more challenging but offer generous rewards. Inviting Friends: Players can earn 3.5% of the $Bombie points from their invited friends' daily or weekly arena victories. This encourages players to promote the game and expand their social network. User Rank Tiers Levels-up: Users can earn a certain amount of $Bombie when they level up in the rankings. Completing Basic Tasks: Completing basic in-game tasks rewards players with $Bombie points. These tasks are usually easy and help new players get familiar with the game. Participating in Arena PK: Players can also earn rewards by participating in arena PK (player vs. player) events. Special Cases: For example, Catizen Airdrop Pass Season 1 distributed a batch of $Bombie, and recent in-game carnival events rewarded players with $Bombie based on their historical recharge tiers. What Is BOMB Tokenomics? The total supply of BOMB is 10 billion tokens, with the following allocation: 70%: Community Airdrops (fully unlocked, no vesting) 15%: Ecosystem Treasury 10%: Team (12-month cliff, 12-month vesting) 5%: Market Making (for liquidity and price support) This transparent and community-first token model ensures that the game’s most dedicated players benefit directly. How to Claim the BOMB Airdrop? Before the Token Generation Event (TGE) goes live - rumoured for June 17, 2025- players must launch Bombie on Telegram or Line Dapp Portal to follow the instructions to claim the Bomb airdrop. Once claims are enabled, players can follow in-app prompts or official channel instructions to receive tokens. FAQ Q: Is BOMB a Good Investment? BOMB is not positioned as a traditional investment asset but rather as a utility token powering the Bombie GameFi ecosystem. That said, its strong fundamentals—fair-launch tokenomics, zero vesting airdrops, and millions of active players across Telegram and LINE—make it a compelling asset within the play-to-earn space. For users actively engaging with the game or GameFi investors looking for early-stage exposure, BOMB offers high community alignment and growth potential. Note: Always conduct your own research and assess your risk tolerance before investing in any crypto asset. Q: What Is BOMB Price Prediction? As of now, the BOMB token has not yet undergone its Token Generation Event (TGE)—expected around June 17, 2025—so no official price exists on exchanges. Future price performance will depend on: Game adoption and retention Airdrop token supply dynamics Market liquidity and listings Community engagement and utility expansion Once listed, price tracking will be available via platforms like KuCoin, CoinMarketCap, and DEXs on TON, Kaia or BSC. Q: Is BOMB an ERC-20 Token? BOMB is not primarily an ERC-20 token. It is built to operate within the TON and Kaia blockchain ecosystems and bridged to BSC, Ethereum and other blockchains using crosschain solutions provided by Layerzero, which prioritize fast, low-cost microtransactions. This makes it well-suited for in-game rewards, PvP arena prizes, and mobile integration through platforms like Telegram and LINE. Q: Can I Stake BOMB Tokens? Players can stake $BOMB to play other games, incentivizing long-term participation in the ecosystem. Users should follow Bombie’s official Telegram and X account for announcements. Q: Is BOMB Open-Source? No, BOMB is not currently open-source. The game’s backend and tokenomics are developed by a core team with experience in enterprise architecture, game design, and Web3 operations. While gameplay and token distribution are transparent and community-driven, the game engine and smart contracts are not publicly audited or open to third-party development at this time.  

Market Overview On June 5, 2025, the cryptocurrency market experienced a notable upswing, driven by expectations of a Federal Reserve interest rate cut in September. Bitcoin (BTC) surged by 3% to surpass $71,000, while Ethereum (ETH) climbed to $3,807. Altcoins such as BNB and Solana also saw significant gains, contributing to a 3% increase in the global cryptocurrency market capitalization, which reached approximately $2.63 trillion. Crypto Market Sentiment: Greed Returns with Investor Optimism As of June 6, 2025, the CMC Fear & Greed Index reads 46/100, placing it squarely in the Fear zone, indicative of lingering caution among crypto investors. Over the past week, the index has drifted down from just above the neutral threshold—where readings in the low 50s suggested neither greed nor fear—into its current sub-50 reading. This slide reflects mounting unease as market participants weighed mixed economic data and regulatory headlines. Mid-week, the index dipped below 50 for the first time since late May, signaling a shift from a balanced “Neutral” posture into active “Fear” as traders trimmed positions. Social metrics and on-chain indicators corroborate this cooling: Google Trends for “crypto price crash” have ticked up, while positive sentiment hashtags have waned. Overall, the week’s descent from Neutral into Fear underscores a cautious outlook, with participants remaining alert to macroeconomic cues and nearing-term catalysts before reestablishing bullish convictions. Key Developments 1. Circle Internet Group Prices IPO at $31 and Prepares NYSE Debut Circle Internet Group, issuer of the USD Coin (USDC) stablecoin, priced its initial public offering at $31 per share, upsizing the deal to 34 million shares. The company is set to debut on the New York Stock Exchange under the ticker “CRCL” later this month. With USDC’s market cap at $61.5 billion, Circle’s successful pricing underscores strong investor demand for established stablecoin issuers amid broader market volatility. 2. QCP Capital Executes Massive ETH Options Block Trade Singapore‐based market maker QCP Capital executed a large block trade on Deribit, purchasing over 57,000 Ethereum June‐expiry call options at the $2,200 strike while simultaneously selling a matching notional of September calls at the same strike. This calendar‐spread position signals an institutional bet on rising ETH volatility post‐June expiry, with expectations that ETH’s price will diverge significantly from the $2,200 level. Such a high‐volume block trade—total notional estimated above $125 million—highlights growing institutional activity in the cryptocurrency derivatives market. 3. Singapore’s MAS Grants Paxos Full Approval to Issue Stablecoins The Monetary Authority of Singapore (MAS) granted full approval to Paxos Digital Singapore Pte. Ltd., allowing the firm to offer digital payment token services and issue stablecoins under Singapore’s upcoming regulatory framework. Paxos will leverage DBS Bank as its banking partner to manage cash reserves for USDC and Euro Coin (EURC) issuance in Singapore. This development positions Singapore as a major hub for regulated stablecoin activity in Asia and marks another milestone in the region’s crypto‐friendly regulatory evolution.      

Key Takeaways Macroeconomic Environment: A high-level U.S.-China call briefly lifted risk market sentiment, but was soon overshadowed by a public feud between Donald Trump and Elon Musk over a tax reform plan. Their clash caused market turbulence. Tesla stock experienced its largest single-day drop in history, while Trump’s media company shares also plummeted, dragging down the S&P 500 and Nasdaq indices. Risk aversion pushed U.S. Treasury yields higher across the board, and gold prices surged to over $3,400. Crypto Market: Macroeconomic news dominated sentiment in the crypto space, with Bitcoin mirroring the movements of U.S. stock indices. The market grew increasingly volatile due to events like the U.S.-China call and the Trump-Musk fallout. Bitcoin fell below $101,000, closing down 3.04%, and fear intensified across the market. ETH/BTC also declined in line with the broader market. Bitcoin dominance rose by 0.61%, with altcoins broadly under pressure. Today's Outlook: U.S. May Non-Farm Payrolls and May Unemployment Rate. U.S. SEC Crypto Task Force to hold public roundtable on "DeFi and the American Spirit" Main Asset Changes Index Value % Change S&P 500 5,939.29 -0.53% NASDAQ 19,298.45 -0.83% BTC 101,509.10 -3.04% ETH 2,414.17 -7.41%   Crypto Fear & Greed Index: 45 (down from 57 in the past 24 hours), classified as "Fear" Macro Economy European Central Bank cuts interest rates by 25bps as expected Trump: Doesn't believe Russia and Ukraine will reach a peace agreement Industry Highlights U.S. Senate Republicans push to include cryptocurrencies in tax and spending legislation Elon Musk mocked Trump using a 2013 tweet in which Trump criticized raising the debt ceiling. Trump responded: "Very disappointed in Musk. I can win Pennsylvania without him. We had a good relationship; not sure if we still do." Musk replied: "Without me, Trump loses the election. Ungrateful guy. Go ahead, cut EV subsidies. There's no such thing as 'big and beautiful' legislation." Trump: "Musk is totally crazy. Cut his subsidies to save money." Musk escalated tensions by posting: "Time to drop the real bombshell — Trump’s name is in the Epstein files. That’s why they remain sealed." Trump: "Don’t care if Musk opposes me. If the bill doesn’t pass, taxes will rise 68%." Musk also liked a post suggesting Trump should be impeached. Stablecoin issuer Circle closes first U.S. IPO day with 168% gain Bitcoin mining company Bitmine announces $18 million public offering to purchase BTC Visa plans to launch a stablecoin payment card in Asia-Pacific using regulated infrastructure Truth Social files S-1 registration for a Bitcoin ETF WLFI sends cease-and-desist letter to FIGHT FIGHT FIGHT LLC over "TRUMP Wallet" project Project Highlights Hot Tokens: FARTCOIN, BMT, RFC LA: Surged 40% after listing on Korean exchanges Upbit and Bithumb FARTCOIN: Added to Coinbase’s roadmap for upcoming listings DOGE: Fell over 9% amid worsening tensions between Musk and Trump     Note: There may be discrepancies between this original content in English and any translated versions. Please refer to the original English version for the most accurate information, in case any discrepancies arise.

Market Overview On June 4, 2025, the cryptocurrency market exhibited mixed performance, with Bitcoin (BTC) maintaining its position above the $104,000 mark. BTC traded at approximately $104,565, experiencing a slight decline of 0.76% over the past 24 hours. Ethereum (ETH) hovered around $2,611, down 0.65%, while Solana (SOL) saw a decrease of 1.75% to $153.46. Conversely, XRP demonstrated resilience, trading at $2.19, reflecting a modest decline of 1.79%. The broader crypto market capitalization remained steady at approximately $2.63 trillion, with Bitcoin's dominance at 53.17%. Trading volumes saw a notable uptick, with BTC's 24-hour volume increasing by 23% to $36.86 billion.   Crypto Market Sentiment Investor sentiment showed signs of cautious optimism. The Crypto Fear & Greed Index rose from 20 to 25 ahead of the upcoming Crypto Summit, indicating a more positive outlook among market participants. Analysts suggest that expectations of a Federal Reserve interest rate cut in September, prompted by softening U.S. labor market data, have bolstered confidence in risk assets, including cryptocurrencies.   Key Developments XRP Gains Momentum Amid Bullish Forecasts XRP experienced a significant surge, reaching $2.26 before settling at $2.19. The uptick is attributed to renewed investor interest following optimistic price predictions, with some analysts forecasting XRP to hit $100 by 2026. Hong Kong to Permit Crypto Derivatives for Professional Investors In a move to expand its digital asset market, Hong Kong's securities regulator announced plans to allow trading of crypto derivatives for professional investors. This development is part of a broader strategy to position Hong Kong as a leading hub for digital assets. Ethereum Foundation Undergoes Leadership Restructuring The Ethereum Foundation is undergoing significant changes, including a new leadership structure and a renewed focus on key projects. These adjustments aim to streamline operations and enhance the development of the Ethereum ecosystem. London Blockchain Summit Highlights Real-World Applications The inaugural London Blockchain Summit showcased how blockchain technology is reshaping the future of finance. Industry leaders discussed real-world applications, emphasizing the importance of innovation and regulation in driving adoption. Outlook As the market anticipates the upcoming Crypto Summit, investor focus remains on macroeconomic indicators and regulatory developments. The potential for a Federal Reserve rate cut, coupled with positive regulatory moves in key markets like Hong Kong, could provide further impetus for the crypto market. However, traders are advised to remain vigilant, as market volatility persists amid evolving economic conditions.  

Key Takeaways Macroeconomic Environment: Weak U.S. economic data and rising rate-cut expectations dominated market sentiment, resulting in mixed performance across U.S. equities. The ISM Non-Manufacturing PMI and ADP employment figures disappointed, fueling concerns over an economic slowdown. Traders ramped up bets on rate cuts, with markets now expecting two rate cuts by the Fed this year, driving U.S. Treasury yields lower. In response to the deteriorating data, Donald Trump renewed pressure on the Fed, urging Chair Jerome Powell to cut rates swiftly. Crypto Market: The crypto market remained in a consolidation phase, with ETH outperforming. Lacking major bullish catalysts, Bitcoin continued to trade in a narrow range between $104,000 and $106,500. Meanwhile, ETH ETFs recorded 12 consecutive days of net inflows, boosting ETH/BTC, which surged 1.22% on the day, signaling market resilience. The current market is still characterized by structural divergence, with BTC trading sideways while ETH stands out due to continued capital inflows. Today’s Outlook: European Central Bank to announce latest interest rate decision. Germany–U.S. summit. TAIKO unlock event: circulating supply increases by 69.37%, worth approximately $46.9 million Main Asset Changes Index Value % Change S&P 500 5,970.82 +0.01% NASDAQ 19,460.49 +0.32% BTC 104,689.10 -0.64% ETH 2,607.36 +0.56%   Crypto Fear & Greed Index: 57 (down from 62 a day earlier) — Greed Macro Economy U.S. May ADP Employment: +37,000 (vs. expected 110,000) U.S. May ISM Non-Manufacturing PMI: 49.9 (vs. expected 52) U.S. May S&P Global Services PMI Final: 53.7 (vs. expected 52.3) Trump: "Debt ceiling should be abolished entirely to avoid economic disaster" Trump: Fed Chair Powell, whom he dubbed "Mr. Too Late," must cut rates now FHFA Director: Powell must act immediately on rate cuts Fed Beige Book: Slight decline in economic activity; tariffs exert upward pressure on costs and prices Industry Highlights California legislature unanimously passed a Bitcoin payment bill Hong Kong SFC considering allowing virtual asset derivatives trading for professional investors South Korea’s new president, Lee Jae-myung, pledges support for crypto ETFs and a KRW stablecoin Circle’s IPO oversubscribed by over 25x; pricing set at $31 per share, targeting $1.1 billion in funding Nearly 45% of VC-backed crypto projects have shut down The Blockchain Group to seek shareholder approval for a €10 billion capital raise to bolster BTC reserves JPMorgan to allow clients to use Bitcoin ETFs as collateral for loans K Wave Media, a Nasdaq-listed Korean firm, to sell $500 million in stock to fund BTC-based financial strategy Project Highlights Trending Tokens: TRB, LPT, POKT LPT/POKT: Trading volume 95%+ dominated by Korean investors CAKE: Added to Coinbase’s listing roadmap B: BUILDon and WLF to sponsor a $1 million liquidity incentive program for BSC Weekly Outlook June 6: U.S. May Non-Farm Payrolls and Unemployment Rate. U.S. SEC Crypto Task Force to host a public roundtable on “DeFi and the American Spirit”.     Note: There may be discrepancies between this original content in English and any translated versions. Please refer to the original English version for the most accurate information, in case any discrepancies arise.

Market Overview On June 3, 2025, Bitcoin (BTC) held above $105,000, trading at approximately $105,452 and registering a 0.6% increase over the prior 24 hours . Ethereum (ETH) led the advance, soaring 5% to $2,616 amid substantial institutional inflows, further narrowing the gap between centralized exchange order books and DeFi lending rates. Other tier-1 tokens also outperformed, with Solana (SOL), XRP, Dogecoin (DOGE), and Cardano (ADA) gaining between 1.5% and 3% . Binance Coin (BNB) climbed roughly 2% to $585, while Polkadot (DOT) edged up 2.2% to $28, contributing to a total market capitalization near $3 trillion. Trading volumes remained robust, with the sector’s 24-hour volume estimated above $300 billion, highlighting sustained liquidity. Notably, Bitcoin encountered selling pressure upon approaching the $108,300–$110,000 resistance range, a zone where profit-taking has historically intensified. Ethereum’s month-to-date gains of approximately 40% also raised discussions around short-term overextension, even as institutional accumulation persisted. Crypto Market Sentiment Investor sentiment on June 3 skewed bullish, as the Crypto Fear & Greed Index remained in the “Greed” territory at 59, up from 56 a week ago . A reading of 59 indicates heightened optimism, with market participants more inclined to deploy capital into digital assets amid the ongoing rally. High trading volumes and positive on-chain metrics further reinforced bullish bias, although technical analysts cautioned that extended “Greed” phases can precede short-term pullbacks. Bitcoin dominance stood at approximately 61.8%, suggesting that while Bitcoin retained the largest market share, altcoins were capitalizing on sector strength to outperform on a percentage basis. Social media chatter and Google Trends data for keywords like “buy Bitcoin” and “Ethereum institutional buying” also spiked, reflecting growing public and retail interest. However, as Bitcoin neared the $108,000 resistance zone, some analysts flagged signs of waning momentum, advising traders to watch order-book depth and on-chain activity for early signs of reversal. Key Developments 1. Institutional Inflows Drive Ethereum’s Rally On June 3, Ethereum’s price jumped by 5% to $2,616, underpinned by meaningful institutional accumulation through both OTC desks and centralized exchanges. Reports indicated that U.S.-based family offices and Asia-domiciled quantitative funds were purchasing ETH in size, taking advantage of narrowed spreads between centralized exchanges and DeFi borrowing rates. These inflows were part of a broader narrative anticipating protocol upgrades—such as Pectra—that aim to enhance staking yields and network throughput, further boosting institutional confidence in Ethereum’s long-term fundamentals. 2. Robinhood Completes Bitstamp Acquisition Robinhood officially closed its acquisition of Bitstamp on June 3, integrating Bitstamp’s European and Asian regulatory licenses with Robinhood’s existing retail-focused platform. The deal positions Robinhood to expand into institutional crypto services, leveraging Bitstamp’s “best-in-class” custody infrastructure to onboard hedge funds, family offices, and corporate treasury teams. Industry commentators noted that this consolidation could trigger additional M&A activity among smaller spot exchanges struggling to compete on security, compliance, and capital requirements. The acquisition underscores the trend of mainstream fintech firms deepening ties to digital assets, reflecting accelerated institutional adoption since the U.S. spot Bitcoin ETF launches in Q1 2025. 3. Circle Raises IPO Price Range Circle, the issuer of the USDC stablecoin, amended its IPO price range on June 3, targeting a valuation near $13 billion—up from its initial $10 billion projection. Regulatory filings revealed that Circle aims to list on the NYSE under “CIRC” by late Q2 2025, leveraging robust demand from institutional investors seeking stablecoin exposure amid surging DeFi and cross-border payment volumes. Analysts highlighted that Circle’s daily reserve attestations—now exceeding $45 billion in liquid assets—bolstered investor confidence despite heightened regulatory scrutiny. Should Circle proceed as planned, it would rank among the largest pure-play Web3 financial services firms, potentially setting benchmarks for other digital asset issuers eyeing public markets. 4. Trump Media Files Bitcoin ETF Registration On June 3, NYSE Arca submitted a Form 19b-4 filing with the SEC to list the Truth Social Bitcoin ETF, a product backed by Trump Media and Technology Group (TMTG). The proposed ETF, set to trade under a Truth Social ticker on NYSE Arca, would mirror spot Bitcoin performance in a structure tailored for retail and institutional investors. This filing follows a February 2025 initiative in which TMTG trademarked multiple Bitcoin-related investment products, signaling an escalating push by the Trump organization into mainstream crypto offerings. Market observers noted that a Trump-branded ETF could leverage Truth Social’s roughly 45 million monthly active users for cross-promotion, though legal and reputational headwinds might temper enthusiasm. 5. U.S. Tariffs and Macro-Economic Backdrop Amid crypto gains, President Donald Trump signed an executive order on June 3 imposing 50% tariffs on imported steel and aluminum from major trading partners, effective at midnight Eastern Time. Although equity markets exhibited muted initial reactions, crypto traders monitored U.S. bond yields—which rose by 5 basis points—anticipating potential Fed tightening in response to inflationary pressures. Historically, elevated real yields have correlated negatively with risk assets, prompting on-chain analysts to scrutinize whether Bitcoin would decouple from traditional markets or succumb to broader risk-off flows.        

Key Takeaways Macroeconomic Environment: The latest U.S. job openings data surpassed expectations, indicating continued labor market resilience. This helped ease market concerns stemming from the OECD’s downward revision of global economic growth. As a result, risk assets rallied, with all three major U.S. stock indexes closing higher. The S&P 500 rose by 0.58%, and the Nasdaq by 0.81%, while safe-haven asset gold retreated under pressure. Crypto Market: Bitcoin initially mirrored the U.S. stock market during U.S. trading hours, climbing to the $106,500 resistance level before entering a separate corrective phase, followed by a period of consolidation. ETH/BTC fell slightly by 0.08% but remains relatively strong. Bitcoin dominance declined for the second consecutive day (cumulative drop of 0.14%), while select altcoins showed mild rebound trends. Today’s Outlook: Second U.S. Congressional hearing on crypto market structure and stablecoin regulation. U.S. May ISM Non-Manufacturing Index Main Asset Changes Index Value % Change S&P 500 5,970.36 +0.58% NASDAQ 19,398.96 +0.81% BTC 105,365.60 -0.45% ETH 2,592.92 -0.54%   Crypto Fear & Greed Index: 62 (unchanged from 64 a day ago) – Greed Macro Economy U.S. April JOLTs Job Openings: 7.391 million, higher than both previous and forecasted values Trump: Steel and aluminum tariffs raised to 50%, effective June 4 OECD: Downgraded global growth forecast again, citing the U.S. as one of the countries most affected by tariffs Fed’s Bostic: Still anticipates one rate cut this year Industry Highlights U.S. Senate could vote on the GENIUS Stablecoin Act as early as June 9 Australia imposes new rules on crypto ATMs: Cash transaction cap at AUD 5,000. Enhanced AML monitoring, mandatory scam warnings, and stricter KYC Poland elects Karol Nawrocki, a pro-crypto presidential candidate Russia’s largest bank Sber issued Bitcoin-linked bonds RLUSD approved as a recognized stablecoin within the Dubai International Financial Centre Jacobi Bitcoin ETF lowers entry barrier, opens to European retail investors for the first time Trump’s Truth Social submits an application for a Bitcoin ETF Trump Organization partners with Magic Eden to launch a branded crypto wallet and trading app. Trump Jr. clarified that the newly launched TRUMP wallet is not affiliated with the Trump Organization; WLFI will release the official wallet SolarBank, a North American solar developer, plans to include Bitcoin in its treasury strategy Pumpfun targets a $1B fundraising at $4B valuation; token expected to launch within two weeks Project Highlights Trending Tokens: ME, MASK ME: Magic Eden partners with Trump Organization to launch a crypto wallet SKY: Introduces stablecoin staking rewards for SKY MELANIA: Meme token MELANIA reaches liquidity partnership with Wintermute Weekly Outlook June 5: Fed releases Beige Book. OKX Wallet suspends Runes Market support. TAIKO token unlock: 69.37% of circulating supply, worth ~$46.9M. Germany–U.S. Leaders Summit. ECB announces latest interest rate decision June 6: U.S. May Non-Farm Payrolls and Unemployment Rate. SEC Crypto Working Group hosts public roundtable on "DeFi & the American Spirit"     Note: There may be discrepancies between this original content in English and any translated versions. Please refer to the original English version for the most accurate information, in case any discrepancies arise.

Market Overview On June 2, 2025, Bitcoin surged past the $105,000 mark fueled by robust institutional demand before settling around $104,052, a modest 0.3% dip from its intraday peak. Ethereum held steady, adding roughly 0.1% as investors eyed broader market signals. Leading altcoins also saw gains: XRP climbed 0.5%, Solana advanced 1.3%, and Dogecoin edged higher by 0.7%.  Crypto Market Sentiment As of June 3, 2025, the cryptocurrency market exhibits a cautiously optimistic sentiment. The Crypto Fear & Greed Index stands at 64, indicating a 'Greed' level, reflecting increased investor confidence.   Key Developments 1. Institutional Bitcoin Accumulation ContinuesMicroStrategy extended its long-term Bitcoin accumulation strategy, purchasing 705 BTC between May 26 and June 1 at an average price of $106,495 per coin.  These acquisitions bring the firm’s total holdings to 580,955 BTC, underscoring sustained corporate bullishness despite market volatility. 2. Market Eyes Federal Reserve SignalsWith cryptocurrency prices swinging on macroeconomic data, investors closely monitored potential policy hints from the U.S. Federal Reserve. Reuters analysts noted that Fed guidance on interest rates and inflation would likely dictate near-term crypto flows, reinforcing Bitcoin’s sensitivity to traditional financial cues.  3. Political Backing at Las Vegas ConferencePro-crypto sentiment received a boost as Vice President JD Vance reiterated the White House’s support for digital assets during a keynote at a Las Vegas conference. Vance emphasized the administration’s goal of making the U.S. the “crypto capital of the world,” which helped stabilize prices amid escalating trade tensions. 4. U.S.–China Trade Tensions Influence Price ActionRenewed U.S.–China trade disputes played into crypto’s dual narrative: as a safe-haven and a risk-on asset. Bitcoin’s brief retreat from $105,000 to $104,052 illustrated how geopolitical friction can trigger both buying and profit-taking.   Outlook As the Crypto Summit approaches and the Fed prepares to release key economic projections, market participants remain balanced between optimism and caution. Bitcoin’s ability to hold above $104,000 suggests solid support, while Ethereum’s marginal gains point to resilience in the altcoin sector. Heading into June 3, traders will monitor Fed commentary and any fresh regulatory updates, which could set the tone for crypto price trajectories in the coming week.

Key Takeaways Macro Environment: Before the U.S. market opened, the Trump administration’s “steel tariffs” rapidly escalated global trade tensions. Geopolitical risks also spiked due to the weekend’s Russia-Ukraine conflict. Following the release of a weak U.S. ISM Manufacturing Index, market sentiment deteriorated, and major U.S. stock indices hit daily lows. However, markets rebounded after direct talks between Russia and Ukraine concluded, and the White House indicated that U.S.-China leaders might hold a meeting this week. Crypto Market: Bitcoin mirrored U.S. stock indices with an intraday V-shaped rebound, fluctuating between $103,000 and $106,000. The ETH/BTC exchange rate surged with the market rebound, outperforming BTC. On the news front, SharpLink announced $1.5 billion in funding for ETH strategic reserves, while the Ethereum Foundation reorganized its structure—potentially boosting investor confidence in ETH. As a result, ETH rose 2.67% on the day and led a broad altcoin rally. Ethereum ecosystem projects such as ENA, PEPE, ARB, and AAVE were among the top gainers, driving the market rebound. Today’s Outlook: South Korea presidential election: 16 million crypto voters may influence key outcomes. Main Asset Changes Index Value % Change S&P 500 5,935.95 +0.41% NASDAQ 19,242.61 +0.67% BTC 105,841.80 +0.19% ETH 2,607.03 +2.67%   Crypto Fear & Greed Index: 64 (unchanged from 24 hours ago), classified as Greed Macro Economy U.S. Deputy Treasury Secretary: Some agreements may be reached by July 9 Trump demands all countries submit their “best offers” by Wednesday U.S. May ISM Manufacturing PMI at 48.5, below previous reading and expectations Industry Highlights Singapore MAS: Unlicensed crypto service providers must stop offering services to overseas clients by the end of the month The U.S. Senate may vote on the GENIUS Act this week Strategy purchased 705 BTC last week for $75.1 million, at an average price of $106,495 per BTC Strategy plans to issue 2.5 million “Stride” preferred shares to fund its Bitcoin strategy Ethereum Foundation has restructured its core development team and rebranded to “Protocol,” focusing on three strategic goals: expanding the mainnet (L1), enhancing data scalability (Blob expansion), and improving user experience (UX). The move aims to accelerate zkEVM and Layer 2 development, enhancing Ethereum’s scalability, verifiability, and censorship resistance Metaplanet acquired an additional 1,088 BTC, bringing its total holdings to 8,888 BTC CoinShares: Net inflows into digital asset investment products totaled $286 million last week SharpLink Gaming completed a $425 million private funding round, led by Consensys. Proceeds will be used to purchase ETH, which will serve as its primary treasury reserve asset Robinhood completed a $200 million acquisition of crypto exchange Bitstamp Tether launched a cross-chain gold-backed stablecoin, XAUt0, on the TON network Kraken has begun distributing funds to FTX creditors Project Highlights Trending Tokens: LAUNCHCOIN, SYRUP, SPX ETH/BTC rebound fueled a broad altcoin rally, with Ethereum ecosystem tokens (ENA, PEPE, ARB, AAVE) leading the gains Weekly Outlook June 4: Second hearing on crypto market structure and stablecoin regulatory legislation; U.S. May ISM Non-Manufacturing Index June 5: Federal Reserve Beige Book release; OKX Wallet to suspend support for Runes marketplace; TAIKO unlocks 69.37% of its circulating supply, valued at ~$46.9 million; U.S.-Germany summit; ECB announces latest interest rate decision June 6: U.S. May Non-Farm Payrolls and Unemployment Rate; SEC’s Crypto Working Group to hold “DeFi and the American Spirit” public roundtable     Note: There may be discrepancies between this original content in English and any translated versions. Please refer to the original English version for the most accurate information, in case any discrepancies arise.

Key Takeaways Macroeconomic Environment: Despite Friday’s core PCE data indicating easing inflation and a rebound in soft data like consumer sentiment index, market sentiment turned tense again due to Trump’s fluctuating tariff policies. Following news of tech industry sanctions, U.S. stocks opened lower but later rebounded and narrowed losses after Trump expressed a desire to resolve tariff disputes through a call. Crypto Market: Influenced by rising tariff tensions, Bitcoin mirrored U.S. stock movements, dropping 1.5% on Friday to near the $103,000 support level. After Trump mentioned a potential call, Bitcoin rebounded for two consecutive days over the weekend. The market showed clear divergence: Bitcoin dominance rose to 64.5%, ETH/BTC fell for three straight days, and altcoins remained sluggish. Today’s Outlook: U.S. May ISM Manufacturing Index. Cetus plans a Space session to share details of the hacking incident and recovery progress. EDGEN lists. Main Asset Changes Index Value % Change S&P 500 5,911.68 -0.01% NASDAQ 19,113.77 -0.32% BTC 105,644.20 +1.00% ETH 2,539.28 +0.43%   Crypto Fear & Greed Index: 64 (up from 56 24 hours ago), indicating Greed Macro Economy U.S. April Core PCE YoY recorded at 2.5%, the lowest since March 2021; market expected 2.5% U.S. May University of Michigan Consumer Sentiment Final Index: 52.2 (expected 51); 1-year inflation expectation final: 6.6% (expected 7.1%) Trump: China has violated agreements with the U.S.; Becerra: Trade talks with China are “a bit stalled” U.S. plans to expand sanctions on Chinese tech firms, targeting subsidiaries as well Trump to raise import tariffs on steel to 50% starting June 4 Fed Governor Waller: Tariffs may have peak inflation impact in H2 2025; “Good news” is that rate cuts remain possible later this year Industry Highlights SEC meets with Kraken’s parent company to discuss regulatory paths for tokenization and staking services Hong Kong’s “Stablecoin Bill” officially becomes law NYC Comptroller vetoes plan for municipal Bitcoin bonds U.S. Senate passes joint committee report on Texas Bitcoin Reserve Bill Acheron becomes the first crypto market maker to obtain a CASP license under EU MiCA regulations Trump Media Group raises $2.44 billion, becomes major public Bitcoin holder REX Shares files for Solana and Ethereum staking ETFs; SEC questions legality of REX’s ETH and SOL ETF filings Meta shareholders vote against proposal to include Bitcoin in reserves Stablecoin total market cap surpasses $250 billion, hitting record high Project Highlights Hot Tokens: FLOCK, MASK, LABUBU FLOCK: Up 250% in past 3 days after listing on South Korean exchange Weekly Outlook June 2: Cetus to hold Space session on hacking incident and recovery; EDGEN launch; U.S. May ISM Manufacturing Index June 3: South Korean presidential election—16 million crypto voters may sway results; U.S. SEC decision deadline on WisdomTree and VanEck’s Bitcoin & Ethereum spot ETF redemption applications June 4: Second hearing on crypto market structure and stablecoin regulation; U.S. May ISM Non-Manufacturing Index June 5: Fed Beige Book release; OKX Wallet to suspend Runes market support; TAIKO token unlock (69.37% of supply, ~$46.9M); U.S.-Germany leaders’ meeting; ECB rate decision June 6: U.S. May Non-Farm Payrolls and Unemployment Rate; SEC Crypto Task Force to hold “DeFi and the American Spirit” public roundtable     Note: There may be discrepancies between this original content in English and any translated versions. Please refer to the original English version for the most accurate information, in case any discrepancies arise.

Market OverviewOn May 29, the global cryptocurrency market saw a slight pullback, with total market capitalization dipping by 0.26% to $3.42 trillion. Bitcoin (BTC) slid 0.3% to $108,588, as profit-taking weighed on sentiment after recent all-time highs. Ethereum (ETH) bucked the trend, surging 3.4% to $2,732, driven by robust DeFi activity and institutional inflows. XRP, Solana (SOL) and other major altcoins traded mixed, with most seeing less than a 1% move. Crypto Market SentimentAs of May 30, 2025, the cryptocurrency market sentiment remains in the Greed zone, with the Crypto Fear & Greed Index registering a score of 61. Despite this optimistic sentiment, the market experienced a notable downturn today. Key Developments SEC Dismisses Lawsuit Against BinanceThe U.S. Securities and Exchange Commission voluntarily dropped its long-running 2023 case against Binance and founder Changpeng Zhao, dismissing the suit with prejudice. This landmark move underscores a regulatory thaw under the new administration and is being hailed as a win for crypto innovation. Record Inflows into Spot ETH ETFsInstitutional appetite for Ethereum reached new heights, with spot ETH exchange-traded funds logging record inflows. Analysts link this surge to growing confidence in Ethereum’s role in DeFi and upcoming network upgrades. Corporate Treasury AccumulationMajor publicly traded companies—including GameStop and Trump Media—announced fresh Bitcoin acquisitions, mirroring MicroStrategy’s continued strategy of using BTC as a treasury hedge against inflation. OutlookDespite yesterday’s mild pullback, the digital currency industry remains underpinned by strong institutional demand, evolving regulatory clarity, and resilient market sentiment. Traders and investors should monitor sentiment indicators and regulatory announcements closely as potential catalysts for the next market move.