Today
2025/06/05

The night session market maker contract closed.

Jin10 data June 6 news, as of 2:30 PM closing, the Shanghai gold market maker contract fell by 0.46%, reported at 781 yuan/gram, the Shanghai silver market maker contract rose by 2.89%, reported at 8715 yuan/k, SC crude oil market maker contract rose by 0.52%, reported at 467 yuan/barrel.
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Trademark disputes arise within the Trump family's encryption business.

Gate News bot message, Bloomberg reports that internal disputes have erupted within the Trump family's encryption-related businesses. Trump's children, who hold shares in World Liberty Financial, sent a lawyer's letter to Fight Fight Fight, demanding that the company stop using the "TRUMP" trademark to promote its "TRUMP Wallet" project without authorization. Fight Fight Fight is a company controlled by President Trump's friend Bill Zanker, which has partnered with Magic Eden to develop this Wallet, planning to provide trading functionality for memecoins and other digital assets. Donald Trump Jr. and Eric Trump have publicly expressed their opposition to this. The news comes from Bloomberg.
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WLFI sent a cease and desist letter to the Trump Meme coin project party.

Odaily News According to FulcrumNews, World Liberty Financial has issued a Cease-and-Desist letter to the project party Fight Fight Fight LLC of the Trump Meme coin Trump Coin, requesting them to stop the related infringing activities.
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BTC_USDT fell below 103000 USDT

According to Gate News bot, the price of BTC_USDT fell below 103,000 USDT and is now trading at 102,997.3 USDT.
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Musk: "The gigantic and ugly bill will increase the deficit to $2.5 trillion"

BlockBeats News: On June 6, Musk said that the "huge and ugly bill" would increase the deficit to $2.5 trillion. "Keep the cuts to EV/solar incentives in the bill while cutting all the crazy spending increases in the 'Huge and Ugly Act' so that America doesn't go bankrupt!" Musk has been saying publicly and privately since last year that he doesn't care about the EV tax credit. He and Trump have also spoken this together publicly in speeches and rally. It would be a mistake to argue that the dispute was over the EV tax credit.
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Uber plans to accept Crypto Assets as a payment option.

According to Gate News bot, Uber CEO Dara Khosrowshahi announced the company's latest payment strategy. The company is working to incorporate Bitcoin and other Crypto Assets into its payment system. Khosrowshahi stated in a declaration: "Uber does not intend to hold or invest in Crypto Assets." This initiative aims to expand the range of payment options. At the same time, Uber is closely following relevant regulatory developments and technological challenges.
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KILLBILL market capitalization briefly surpassed 15 million USD, with a 24H rise of over 200 times.

Odaily News GMGN market data shows that the Meme coin KILLBILL briefly surpassed a market capitalization of 15 million USD, currently reported at 13.5 million USD, with a rise of over 200 times in the past 24 hours. Odaily reminds users that Meme coin prices are highly volatile, and investors should be aware of the risks.
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Curve: Displays all on-chain statistics for HyperliquidX

Odaily Planet Daily News Curve Finance's latest official release said that it has completed the deployment on the HyperliquidX chain and officially opened the statistical data display of all pools. At present, the page shows that the total lock-up volume is $12.29 million, and the daily trading volume is $3.32 million, of which the liquidity pools include feUSD/USDe, USDT/USDe, etc., with an annualized rate of return (Base vAPY) between 0.82% and 8.81%, and some pools support 30x
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James Wynn: I Close Position and accept defeat, the evil market maker defeated Wynn by 1 to 0.

Whale James Wynn admitted his 40x go long Bitcoin failed, and currently has no long order holdings. His HyperLiquid account has suffered significant losses recently, with a loss of about $1.655 million in the last 24 hours, $28.06 million in the last 30 days, and a total loss of $21.79 million.
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James Wynn continues to be liquidated, with a loss of 279.9 Bitcoins.

BlockBeats News, on June 6, according to HyperInsight monitoring, as Bitcoin continued to decline, the giant whale James Wynn's 40 times Bitcoin long orders in HyperLiquid continued to be liquidated, and the current liquidation loss was 279.9 Bitcoin, about $29 million. The current position has a notional value of approximately $41 million, with an opening price of $106,066.7 and a closing price of $102,960.
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Due to the remote "clash" between Musk and Trump, Tesla (TSLA.O) fell by 9%.

Odaily News Tesla (TSLA.O) falls by 9%, Musk and Trump exchange barbs from afar. (Jin10)
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Circle rise expanded to 186%, once again touching the circuit breaker

Golden Finance reports that the stablecoin giant Circle's rise has expanded to 186%, once again triggering a circuit breaker.
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Musk bluntly stated that Trump is "so ungrateful"

Odaily News Musk posted: "Without me, Trump would lose the election, the Democrats would control the House, and the Republicans would be at a disadvantage of 51 to 49 in the Senate. Truly ungrateful."
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Musk: Without me, Trump would lose the election.

Golden Finance reports, Musk: Without me, Trump would lose the election.
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James Wynn got liquidated again, with a position loss of 155.38 BTC.

The well-known trader James Wynn was liquidated again, and the liquidation loss was as high as 155.38 bitcoins, which is about $16.14 million according to the current market capitalization. As can be seen from the attached trading interface, the liquidation occurred during the sharp drop in the price of the BTC-USDT contract, and the liquidation price was about $103,981. This round of liquidation may be related to the short-term sharp volatility of the market. (Satoshi Club)
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Data: Circle opened at $75.9

According to ChainCatcher news and market data, Circle opened at a price of 75.9 US dollars.
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Trump: If the protocol with Russia fails, we will take strong measures.

Golden Finance reports that U.S. President Trump said: Don't think Putin is playing games; I have always believed that Putin wants the whole of Ukraine. If the protocol with Russia fails, we will take tough measures. If Russia does not play by the rules, he will be surprised at how tough we can be.
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Musk posts to deny Trump's remarks: He is not familiar with the "tax bill".

BlockBeats news, on June 6, Musk once again posted to deny Trump's remarks, stating that he does not understand the "tax bill" and said, "Incorrect, this bill has never been shown to me even once, and it was passed quickly in the middle of the night, with almost no congressmen able to read it!" Previously, Trump claimed that Musk "understands the ins and outs of this bill better than almost anyone."
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The Federal Reserve Board of Governors member Kugler: If the risks of rising inflation persist, I will continue to support maintaining the policy interest rate at its current level.

Odaily News The Federal Reserve Board of Governors Kugler: Since the beginning of the year, the number of layoff notices has increased, and mentions of layoffs in the Federal Reserve's Beige Book have also risen. If the inflationary upward risks persist, support will continue to maintain the policy interest rate at the current level. (Jin10)
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Trump: Does not believe that Russia and Ukraine will reach a protocol.

On June 6, Jin10 reported that U.S. President Trump stated that he does not believe Russia and Ukraine will reach a protocol. I told Putin not to retaliate against Ukraine; you should stop, but Putin told me they have no choice but to launch an attack.
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Bitcoin ATM operator CoinFlip seeks a billion-dollar sale valuation

According to Bloomberg, Bitcoin ATM operator CoinFlip has started the process of selling the company. The company has engaged financial advisors to assist in finding potential buyers, with an initial valuation target of more than $1 billion. CoinFlip was founded in 2015 and currently operates over 5500 Bitcoin ATMs in the United States, Australia, New Zealand, South Africa, and other locations. Insider sources reveal that discussions related to the sale are still in the early stages. Source: Bloomberg
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Musk referenced Trump's 2013 tweet criticizing the increase in the debt ceiling to mock him.

BlockBeats News, on June 6, Musk quoted Trump’s 2013 tweet criticizing the increase of the debt ceiling and said, "A wise saying." Trump stated in 2013, "I can’t believe the Republicans are raising the debt ceiling – I’m a Republican, and I feel very ashamed!", and now Trump is advocating for raising the U.S. debt ceiling.
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Trump: Very disappointed in Musk

Jin10 reported on June 6, U.S. President Trump stated that even without Musk, he can win Pennsylvania, expressing disappointment in Musk, saying he had helped him a lot. Musk's dissatisfaction is purely because the mandatory sales regulations for electric vehicles were canceled. He hasn't said anything bad about me yet, but that will happen soon.
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Circle's estimated Opening Price on the first day of listing on the NYSE rises to $56 to $58.

BlockBeats News: On June 5, stablecoin USDC issuer Circle shares are expected to open between $56 and $58 (previously expected to be $50 to $52), with an IPO priced at $31. BlockBeats Note: On the first day of the IPO, the underwriters will evaluate the opening price based on investor demand in the pre-market order book, and the indicated price is provided by the underwriter or the New York Stock Exchange before the start of trading, based on the willingness of institutional investors to subscribe and the pre-market orders of retail investors.
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European Central Bank officials expect to pause interest rate hikes in July, with some officials believing that the rate cut cycle has ended.

Jin10 data reported on June 5th that, according to informed sources, European Central Bank officials envision pausing interest rate cuts when formulating policies in July. Considering the uncertainty of U.S. President Trump's tariffs, the most likely scenario currently is a pause after 8 interest rate cuts. According to informed sources, some officials believe that rate cuts may have ended, while others still support another cut—possibly in September. They emphasized that as the July 9th deadline for U.S.-EU trade negotiations approaches, policymakers' thoughts may still change.
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Trump: The CBO did not release earlier that tariffs could reduce the deficit.

Jin10 data June 5 news, Trump stated on social media: "Shockingly, the Democrat-controlled Congressional Budget Office (CBO) just announced that tariffs will reduce the deficit by at least $2.8 trillion. Unfortunately, this information was not released earlier, otherwise people would not have deliberately lied."
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Tether announces strategic investment in the African Blockchain financial platform Shiga Digital.

PANews June 5 news, according to the official blog, stablecoin issuer Tether announced a strategic investment in the African blockchain financial platform Shiga Digital, with the specific amount undisclosed. This collaboration aims to provide cross-border payments, forex management, and other on-chain financial services for African businesses through the USDT stablecoin, focusing on international settlement needs in traditional industries such as oil and gas, as well as freelancers. Shiga Digital provides customized services such as virtual accounts and over-the-counter trading. Its developing on-chain gateway will allow users to conduct daily transactions directly using USDT without the need to exchange for local currency. Tether CEO Paolo
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Circle's stock price is expected to open between $50 and $52.

BlockBeats news, on June 5, the stock price of Circle, the issuer of the stablecoin USDC, is expected to open between $50 and $52 (previously expected to be $42 to $44), with an IPO pricing of $31. (Jin10) BlockBeats note: On the first day of the IPO, underwriters will assess the opening price based on investor demand in the pre-market order book, with price indications provided by the underwriters or the New York Stock Exchange before trading begins, based on the subscription willingness of institutional investors and retail investors' pre-market orders.
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Plume launches Genesis Mainnet, bringing real-world assets into Decentralized Finance.

Golden Finance reports that the blockchain network Plume, focused on Real World Assets (RWA), has officially launched its Genesis Mainnet. The platform has integrated over $150 million in RWA assets from Financial Institutions such as BlackRock and Invesco, and has completed integration with DeFi protocols like Curve and Morpho.
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GT_USDT breaks through 19.0 USDT

Gate News bot message, according to Gate market data, GT_USDT price has surpassed 19.0 USDT, current price is 19.003 USDT.
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The TVL of HyperLiquid's yield vault has risen by $250 million in 2 months.

The total Lock-up Position of the decentralized exchange HyperLiquid has rebounded from $163 million to $418 million within two months, with an Annual Percentage Rate of 13.42%. This is attributed to the public trading by traders enhancing Liquidity, and the Token HYPE has risen by 72% during this period.
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James Wynn: Increasing Margin to avoid liquidation, it's time to talk about how to dodge bullets.

Whale James Wynn revealed that the market is pressuring the Bitcoin price against his liquidation price after being $40 away from liquidation. He successfully avoided liquidation by increasing his margin and shared his coping strategy.
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Data: James Wynn is only $40 away from being liquidated in tonight's Bitcoin fall.

According to ChainCatcher news and monitoring by Lookonchain, trader James Wynn timely deposited approximately 74,000 USDC into Hyperliquid before the Bitcoin price fall, reducing his liquidation price to 103,859 USD, successfully avoiding liquidation risk. During this fall, the price of Bitcoin on the Hyperliquid platform dropped to a low of $103,899, only $40 above its liquidation price.
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Moonshot launches GME MASCOT ($BUCK)

PANews reported on June 5 that Moonshot announced the listing of GME MASCOT ($BUCK) on the Solana chain, with a current market capitalization of about $6 million and a 24-hour trading volume of $1.6 million.
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Wormhole announces support for native SOL cross-chain to Avalanche.

According to ChainCatcher news and official announcements, Wormhole has announced that the Solana native asset SOL is now live on Avalanche.
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Spot gold is trading lower in the short-term, currently reported at 3366.8 USD/oz.

BlockBeats news, on June 5, Spot gold has decreased by 9 dollars in the short-term, currently reported at 3366.8 dollars/ounce. (Jin10)
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The Nasdaq 100 Index pumped 0.4% to intraday highs.

According to Jinse Finance, the market shows that the Nasdaq 100 index has pumped 0.4% to intraday highs.
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Increased Holdings of Spetz at an average price of $0.41 with 3.35 million S, total Holdings reach 3.9 million.

BlockBeats news, on June 5, SonicStrategy Inc.'s parent company Spetz Inc. announced the completion of its first week of strategic digital asset acquisition, purchasing 3.35 million S at an average cost of 0.56 CAD (0.41 USD), totaling 1.87 million CAD, which brings the company's holdings to 3.9 million S tokens.
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The Bitcoin Layer 2 network Botanix announced that 16 institutions have become Mainnet Node operators.

Gate News bot news, according to CoinDesk reports, the Bitcoin Layer 2 network Botanix has announced the list of its 16 Mainnet node operators. The operators include the encryption asset financial service company Galaxy, the crypto custody company Fireblocks, the blockchain development platform Alchemy, the Bitcoin Mining Pool Antpool, and the hedge fund management company UTXO Management among others. These institutions will begin operating nodes in sync when the Botanix Mainnet launches at the end of this quarter.
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Kyrgyzstan has 126 licensed encryption companies, with a total turnover of 4.2 billion USD.

PANews, June 5th news, according to Cointelegraph, Kyrgyzstan currently has 126 licensed Crypto Assets companies, with a total turnover of 4.2 billion USD, setting a new record.
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Lagarde hinted that the interest rate cut cycle is nearing its end, and the market is no longer fully pricing in another 25 BP rate cut this year.

On June 5, traders cut bets on future interest rate cuts by the European Central Bank and no longer fully priced in expectations for another 25 basis points of rate cuts this year. Money markets were pricing in a further rate cut of just 23 basis points before December, compared to 32 basis points ahead of the ECB's interest rate decision on Thursday. Short-term bonds led the decline, with the two-year German bunds yield rising as much as 7 basis points to 1.87%. Earlier, ECB President Christine Lagarde said that the central bank's interest rate cut cycle is nearing its end.
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In the past hour, nearly 50 million dollars were Get Liquidated across the network, mainly from long orders.

According to Coinglass data, in the past 1 hour, the whole network liquidated $48.2093 million, of which $47.2252 million was liquidated by long orders and $984,200 by short orders.
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BTC_USDT fall below 104000 USDT

According to the Gate News bot, the Gate market shows that the BTC_USDT price has fallen below 104000 USDT, and the current price is 103996.9 USDT.
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The RootData First Quarter On-Chain Analyst Competition has concluded, and the list of winners has been announced.

ChainCatcher news, the Web3 asset data platform RootData announces the official conclusion of the first analyst competition and thanks all participants, stating that their analytical results "fully demonstrate the value of on-chain analysis and community wisdom." Winners must enable direct messaging or submit their wallet addresses in the comments section before June 8 at 14:00 (UTC). Those who fail to submit by the deadline will be deemed to have automatically forfeited their rewards.
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Circle's stock price is expected to open between $42 and $44, with an IPO price of $31.

Odaily News Stablecoin giant Circle's stock price is expected to open between 42-44 USD, with an IPO pricing of 31 USD. (Jin10)
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Japan's Minister of Economic Revitalization, Ryu Matsumoto: The position of demanding the comprehensive reduction of tariffs by the United States has not changed.

According to Jinse Finance, Japan's Minister of Economic Revitalization, Akizumi Shunsuke: The position of requesting the United States to comprehensively eliminate tariffs has not changed.
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Willy Woo: The secret to the BTC bull run lies in the fact that its movement is not affected by macro factors, but driven solely by internal purchasing power.

Golden Finance reported that crypto analyst Willy Woo posted on X platform stating that the real secret of the Bitcoin bull run lies in the fact that its movement is not influenced by global macroeconomic conditions but is driven solely by internal purchasing power. According to the Bitcoin market sensitivity chart released by Willy Woo, when external influences are minimal and on-chain influences are greater (i.e., in the upper-left quadrant), Bitcoin typically performs well in the market.
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OpenAI former AI expert Ishant Singh joins Zulu Network as Strategic AI Director

ChainCatcher news, Zulu Network announces that former OpenAI AI expert Ishant Singh will join the Zulu Network team as Strategic AI Director. Ishant Singh stated, "I am very pleased to join Zulu Network and contribute to its mission of creating a decentralized future powered by artificial intelligence." "The potential of combining blockchain and artificial intelligence is enormous, and I look forward to working with the team to unlock new opportunities for developers and users."
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Merlin Chain launches a 45% annualized MERL six-month fixed stake, with the first 1000 addresses enjoying a 200% seven-day limited time rewards.

Odaily Planet Daily News Bitcoin Layer2 Solution Merlin Chain announced the launch of the MERL token staking program, providing an annualized fixed income of 45%, with a lock-up period of 6 months, during which you can claim income at any time. In addition, the first 1,000 addresses that participate in the regular staking (as of June 20) will receive a 7-day limited-time early bird reward with an annualized yield (APR) of up to 200%, which is expected to be distributed on June 21. According to reports, Merlin Chain has conducted three phases of PoS Prestage stake activities, with a total of 108 million MERL participating in flexible staking. The fixed income plan launched this time will run alongside the existing 15% Annual Percentage Rate for current staking, aiming to provide more options for long-term holders of MERL. In the future,
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Galaxy and Fireblocks will run nodes on the Bitcoin Layer 2 network Botanix.

PANews reported on June 5 that, according to Coindesk, 16 institutions, including Galaxy, a digital asset financial services company under Mike Novogratz, and Fireblocks, a crypto custodian, will become node operators of Botanix, a Bitcoin Layer2 network. These carriers are ready for onboarding and will be operational when the Botanix mainnet goes live later in the quarter. Botanix Labs aims to ensure the decentralized nature of the network from the very beginning by forming a consortium of nodes made up of multiple entities. In the future, the network plans to transition to a dynamic federation model, which will eventually enable any user in the world to run a Botanix node. Other institutions joining the alliance include blockchain development platform Alchemy, Bitcoin mining pool Antpool, and hedge fund UTXO
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*ST Renle: The stock will enter a delisting transition period for trading starting from June 13, and will be delisted after July 3.

Golden Ten Data on June 5, ST Renle announced that the company's shares will enter the delisting period from June 13, 2025, and the last trading day is expected to be July 3, 2025, after which the company's shares will be delisted and terminated. During the delisting period, the company's shares will be traded on the risk alert board of the Shenzhen Stock Exchange, and there is no price limit on the first trading day, and the daily price limit is 10% thereafter. The company will not plan or implement major asset restructuring and other major matters. Investors, securities companies and other market entities are requested to close the relevant business in a timely manner before the stock is delisted.
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Greeks.Live: Today, the largest large orders of encryption Options in history occurred, betting on a strong Q3 market performance.

BlockBeats News, on June 5, Greeks.Live analyst Adam posted on social media, "Today there was the largest crypto options block in history, with a total notional face value of $1.19 billion, worth 11,350 BTC, and a premium of $7.5 million." "This block trade consists of two parts, one is the September bull market spread, which is long the mid- to long-term volatility and price, and the other is to sell the June at-the-money call, and the second part can form a calendar spread with the September buy, which means that the short-term market performance is not optimistic. The nearly $1.2 billion option block believes that the June gain is limited, and the third quarter may have a significant big rally, even as much as a 50% increase. Recently, there is a lack of funds and hot spots in the market, but in the long run, various benefits are still being released
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Analysts: The European Central Bank's interest rate cuts and spending plans may boost European stocks.

Jin10 data reported on June 5, analysts at Quintet Private Bank, Antonucci, stated in a report that as the European Central Bank continues to cut interest rates, European stock markets may rise. The European Central Bank cut interest rates by 25 basis points on Thursday, bringing the deposit rate down to 2.0%, in line with market expectations. Antonucci noted that plans to increase defense and infrastructure spending could also boost European stock markets.
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Today saw the largest crypto options block to date: 11,350 BTC with a total notional value of $1.19 billion

Golden Finance reported that Adam, a Greeks.live macro researcher, disclosed in an article on the X platform that today there was the largest crypto options block transaction in history, with a total notional face value of $1.19 billion, worth 11,350 BTC, and a premium of $7.5 million alone. This group of bulk is composed of two parts, one is the 3800 group of bull market spreads in September, and at the same time long the volatility and price of medium and long term, and the other part is to sell June at-the-money call options, which can form a calendar spread with September purchases, which means that they are not optimistic about the short term. In simple terms, this nearly $1.2 billion options block believes that there won't be much rise in June, but there may be significant market movements in the third quarter, potentially reaching a rise of up to 50%.
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Analysis: The options market believes that June will see a small increase, while the third quarter may have significant market movements.

Odaily Planet Daily News According to Greeks.live analyst Adam, today saw the largest single transaction of encryption options in history, with a total nominal value of up to 1.19 billion USD, worth 11,350 BTC, and the premium alone reached 7.5 million USD. 这一组大宗是有两部分组成,一部分是 9 月的 3800 组牛市价差,同时造多中远期的波动率和价格,另一部分是卖出 6 月平值看涨期权,这部分可以和 9 月买入组成日历价差,一鱼两食,代表了对于短期并不optimistic。 In simple terms, this nearly 1.2 billion dollar options block suggests that there won't be much increase in June, but there may be a significant market movement in the third quarter, potentially reaching a 50% increase. Recently, the market lacks funds and hot topics, but in the long term, various positive factors are still being released.
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