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2025/06/02

BTC_USDT breaks through 105000 USDT

Gate News bot message, according to Gate market data, the BTC_USDT price has broken through 105000 USDT, current price 105001.8 USDT.
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The Justice Department of the Trump administration is reviewing the pardon issued by former President Biden.

According to Golden Finance reports, the Trump administration's Department of Justice is reviewing the pardon issued by former President Biden.
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BlackRock executives: Clients are consulting their financial advisors about BTC.

Golden Finance reports that Jay Jacobs, head of BlackRock's U.S. Equity ETF, stated in an interview with CNBC that clients are consulting their financial advisors about BTC-related issues.
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The soil president claims that the second round of negotiations between Russia and Ukraine has achieved "significant results" and proposed to hold a Russia-Ukraine-U.S. summit.

Turkish President Recep Tayyip Erdogan proposed to hold a summit of the leaders of Russia, Ukraine and the United States to peacefully resolve the conflict between Russia and Ukraine. He expressed his best hope that Putin and Zelensky would meet in Turkey and invited Trump to participate. In addition, the Russian-Ukrainian delegation's negotiations in Istanbul achieved significant results, including the exchange of the remains of more than 1,000 prisoners of war and a large number of fallen soldiers.
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Russia reveals: does not rule out the possibility of a meeting between the Russian and Ukrainian leaders in Istanbul.

Jin10 reported on June 3, local time on the evening of June 2, that sources from Russia indicated that the plane carrying the Russian delegation has taken off back to Moscow, Russia. The sources also revealed that the possibility of a meeting between the leaders of Russia and Ukraine in Istanbul, Turkey cannot be ruled out, but it is too early to discuss the timing of the meeting. Furthermore, the third round of negotiations between Russia and Ukraine is most likely to be held in Istanbul.
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Federal Reserve's Goolsbee: I cannot assert at this point that the view of "tariffs will have a temporary impact on inflation" is correct.

Golden Finance reported that The Federal Reserve (FED) Guersby stated that he cannot assert the viewpoint that "tariffs will have a temporary impact on inflation". The recent personal consumption expenditure inflation data may be the "last remnants" of the effects before the tariffs.
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Elon Musk's brain-computer interface company Neuralink raised $650 million in Series E funding.

Golden Finance reports that Elon Musk's brain-computer interface company Neuralink has raised $650 million in its Series E funding.
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U.S. media: The United States allows Iran to carry out low-level uranium enrichment.

According to Jin10 data on June 3, U.S. media AXIOS reported that the nuclear agreement proposal the United States presented to Iran on Saturday would allow Iran to engage in limited low-level uranium enrichment activities on its territory, with an undetermined duration. This contradicts previous public statements made by senior U.S. officials. U.S. Middle East envoy Steve Witkoff and Secretary of State Rubio have publicly stated that the U.S. would not allow Iran to carry out uranium enrichment activities and would demand the complete dismantling of nuclear facilities. However, this secret proposal shows that the U.S. has demonstrated more flexibility on these two points.
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Morgan Stanley has launched a $5 billion debt financing deal to raise funds for Musk's x.AI.

Golden Finance reported that Morgan Stanley has initiated a deal to raise $5 billion in debt financing for Musk's x.AI.
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The Federal Reserve (FED) Goolsbee: Interest rates are expected to decline in the next 12 to 18 months.

Golden Finance reports that The Federal Reserve (FED) Guersby stated that he still believes interest rates are expected to decline in the next 12 to 18 months. If the turbulent period is overcome, it is possible to return to the path of rate cuts.
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Powell did not comment on monetary policy and economic outlook in his prepared remarks.

BlockBeats News, on June 3, The Federal Reserve (FED) Chairman Powell did not comment on monetary policy and economic outlook in his prepared remarks. (Jin10)
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The Federal Reserve's Goolsbee: So far, the direct impact of tariffs on the economy has been unexpectedly limited.

According to BlockBeats news, on June 3, The Federal Reserve (FED) official Goolsbee stated that so far, we have received excellent inflation reports, and the direct impact of tariffs on the economy has been unexpectedly limited. It remains to be seen whether this will still be the case in the coming one to two months. (Jin10)
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Willy Woo: The market is currently in a "liquidation season", and it is not suitable to go long at this stage.

Odaily News Trader Willy Woo posted on the X platform, stating that it is not a good time to bet on the rise of Bitcoin, as the market is in a "liquidation hunting season." He pointed out that due to the high leverage levels in the derivation market, it is difficult for Bitcoin to rise. The market needs to clear out too many "casino speculators" before the next round of new highs can begin.
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Consensys acquisition Wallet infrastructure provider Web3Auth, the specific amount has not yet been disclosed.

Consensys announced the acquisition of the wallet service provider Web3Auth to enhance the MetaMask user experience and address the risks associated with mnemonic phrase management. After integration, users can create and restore wallets using Web2 log in methods, eliminating the need to manually back up the mnemonic phrase and dropping the risk of fund loss.
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Elon Musk's xAI launches a $300 million stock sale, plans to push for larger-scale financing later.

Jin10 data June 3 news, according to the Financial Times, Elon Musk's xAI company is launching a $300 million stock sale, valuing the group at $113 billion. According to informed sources, this transaction will allow employees to sell shares to new investors. One informed source stated that this secondary stock issuance, referred to as a "tender acquisition", is expected to be followed by a larger round of financing, issuing new shares to external investors.
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Whale James Wynn received a donation of about $40,000, which has been used to supplement the Margin drop liquidation price.

According to BlockBeats news on June 2, monitoring by Yu Jin shows that Whale James Wynn has posted a fundraising tweet, and within less than two hours, he has received approximately $40,000 in funds. He transferred $30,000 into Hyperliquid to supplement Margin, slightly lowering the liquidation price of the 40x leveraged BTC Long Position to $103,610.
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Trade tensions boost gold prices Analysts: Market sentiment remains tense

The escalation of trade tensions has driven gold prices to rise. Trump announced an increase in tariffs on steel and aluminum, intensifying market tensions. Risk aversion and fiscal uncertainty have propelled gold futures to continue to rise, and market concerns may further exacerbate market fluctuation.
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Norwegian Block Exchange becomes the first listed company in Norway to hold Bitcoin as treasury asset.

According to BlockBeats news on June 2, as reported by Bitcoin Magazine, the crypto assets trading platform and digital asset platform Norwegian Block Exchange (referred to as NBX) has now included Bitcoin in its balance sheet, becoming the first publicly listed company in Norway to hold Bitcoin as treasury assets.
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Arkham: After James Wynn deposits the donation into the account, the liquidation price drops to $103,610.

Odaily News Arkham posted on the X platform stating that James Wynn leveraged the donated funds provided by the community into his Hyperliquid account, resulting in his liquidation price dropping from $103,632 to $103,610 (-0.021%).
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ETH_USDT breaks through 2550 USDT

Gate News bot reported that according to Gate market data, the ETH_USDT price has surpassed 2550 USDT, currently at 2551.64 USDT.
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Whale James Wynn has accumulated and deposited 39,345 USDC from donations into Hyperliquid.

According to BlockBeats news on June 2, on-chain data shows that Whale James Wynn has currently deposited a total of 39,345.11 USDC obtained from donations into Hyperliquid.
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Bloomberg: The stock performance of Strategy imitators is poor as the speculative frenzy gradually fades.

According to a report by Bloomberg, corporate purchases of Bitcoin to boost stock prices are not a panacea. Some companies, such as Trump Media Technology Group, plan to buy Bitcoin with cash or loans, but the effectiveness is doubtful. This strategy was pioneered by Michael Saylor of Strategy (formerly MicroStrategy).
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After the second round of negotiations between Russia and Ukraine, the head of the Russian delegation spoke out.

The Russian and Ukrainian delegations are conducting the second round of peace talks in Istanbul, Turkey. The Russian side submitted a peace memorandum to Ukraine, including proposals for a ceasefire and the issue of soldiers' remains. The Russian side will unilaterally transfer 6,000 bodies of Ukrainian soldiers and is willing to receive the bodies of Russian soldiers. Both sides agreed to exchange seriously injured, gravely ill, and captured soldiers under the age of 25. The Russian side suggested a ceasefire for 2 to 3 days on certain frontlines, to which the Ukrainian side promised to consider.
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KTA market capitalization briefly surpassed $397 million, setting a historical high.

According to BlockBeats news on June 2, based on GMGN market data, the on-chain token Keeta Network (KTA) on the Base blockchain briefly surpassed a market capitalization of $397 million, currently reported at $384 million, setting a historical high with a 24-hour rise of 19.09%. Keeta Network is described as a high-performance Layer 1 blockchain network aimed at becoming a common platform for the transfer of all assets. Cross-chain transactions can be seamlessly completed, enabling direct and instant transfer of assets between any networks.
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The Federal Reserve (FED) Logan: monetary policy is in an appropriate position and has the conditions to wait patiently.

BlockBeats news, on June 2, The Federal Reserve (FED) Logan stated that despite uncertainties, the overall economy remains resilient. It will be significant if tariffs change inflation expectations. The monetary policy is in an appropriate position and has the conditions to wait patiently. (Jin10)
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A trader who is currently reverse trading with James Wynn has a short position in BTC worth over $76 million.

Odaily News According to Onchain Lens monitoring, a trader who reversed operations with James Wynn opened a 40x leverage shorting position on Bitcoin, and the current position value has exceeded 76 million dollars. Previously, this trader incurred a loss of 2.78 million dollars.
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Reitar Logtech announces a $1.5 billion Bitcoin acquisition plan.

According to ChainCatcher news and reported by Tipranks, the US-listed company Reitar Logtech announced a $1.5 billion Bitcoin acquisition plan. The company plans to use this Bitcoin acquisition to enhance financial stability while pursuing advancements in logistics technology. This acquisition is part of Reitar Logtech's broader strategy aimed at enhancing its operational capabilities and expanding its influence in the logistics technology market.
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The tokenization securities trading platform 21X has set the stablecoin USDC as the main settlement currency.

Odaily News 21X, headquartered in Frankfurt, has integrated Circle's USDC as the primary settlement currency for the platform. 21X is a tokenized stock, bond, and fund trading venue regulated by the German financial regulatory authority BaFin. (CoinDesk)
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Reitar Logtech announced a Bitcoin acquisition plan worth up to $1.5 billion.

Odaily News US-listed company Reitar Logtech announced a $1.5 billion Bitcoin acquisition plan, which aims to enhance financial stability while pursuing advancements in logistics technology. This acquisition is part of Reitar Logtech's broader strategy to strengthen its operational capabilities and expand its influence in the logistics technology market. (Tipranks)
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Tether Gold launches multi-chain version XAUt0

Tether Gold has launched a multi-chain version XAUt0, which can circulate on various blockchains around the world, built on the LayerZero standard, enabling cross-chain transfer of gold with a 1:1 full backing.
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Whale James Wynn "When the picture is exhausted, the dagger appears," attempts to initiate a zero-cost fundraising claiming it will be used to combat the market-making group.

BlockBeats news, on June 2, Whale James Wynn posted on social media saying, "If you want to fight against the market-making group and support me, please transfer USDC to a specific on-chain Address. If I win, everyone will get their money back at a 1:1 ratio. Let's defeat them. I need your help."
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Nasdaq-listed company BTCS increases its holdings by 1000 ETH

PANews, June 2 - According to Financefeeds, Nasdaq-listed company BTCS announced an increase of 1,000 ETH, valued at approximately $2.63 million, bringing its total ETH holdings to about 13,500 ETH. The company held 9,063 ETH at the end of the first quarter of 2025, which means its ETH open interest has risen by about 50%.
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The US-listed company BTCS increased its holdings by 1000 ETH, with a total of approximately 13500 ETH holdings.

Odaily News Nasdaq-listed company BTCS announced an increase in holdings of 1,000 ETH, valued at approximately $2.63 million, with a total ETH holdings of about 13,500 coins. The company held 9,063 ETH at the end of Q1 2025, which means its ETH open interest rose by about 50%. (Financefeeds)
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Grayscale transferred approximately 672 BTC, worth 70.06 million USD.

PANews June 2 news, according to Arkham monitoring data, approximately 22 minutes ago, Grayscale's Bitcoin exchange-traded fund transferred about 672 BTC to a certain Address, worth 70.06 million USD.
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ST Zhongjia: Revocation of Other Risk Warnings, Stock Abbreviation Changed to "Zhongjia Bochuang"

Jin10 reported on June 2 that ST Zhongjia announced that the company's stock trading will be suspended for one day on June 3 and will resume trading on June 4, with other risk warnings being lifted. The stock abbreviation will be changed from "ST Zhongjia" to "Zhongjia Bochuang."
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Jing Xiong serves as the Investment Director at YZi Labs, leading AI investments.

PANews, June 2 news, YZi Labs announced that Jing Xiong has joined as the Investment Director to lead AI investments. She holds a Ph.D. from Stanford University and has five years of professional experience working at Google.
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The three major U.S. stock indices opened lower, with the Dow Jones falling 0.4%.

BlockBeats news, on June 2nd, the three major US stock indices opened lower, with the Dow falling 0.4%, the S&P 500 index dropping 0.3%, and the Nasdaq declining 0.2%. (Jin10)
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James Wynn: I don't want people to liquidate me, and the current liquidation price is $103,640

Odaily Planet Daily News James Wynn posted on the X platform: "The person who lowered the price rushed at me again, and now the liquidation price is $103,640, please buy the dip, I don't want the person who lowered the price to liquidate me"
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Data: Last week, global listed companies net purchased Bitcoin worth 196 million USD, with Strategy increasing holdings for 8 consecutive weeks.

As of June 2, 2025, global listed companies recorded a net purchase of Bitcoin amounting to $196 million in a single week, while Bitcoin ETF saw a net outflow of $157 million. Strategy has increased its holdings for 8 consecutive weeks, purchasing $75 million last week, and MetaPlanet acquired $117 million. The total amount of Bitcoin held by global listed companies reached 636,960 coins, with a market capitalization of approximately $6.635 billion, accounting for 3.2% of Bitcoin's circulating market capitalization. Gamestop disclosed for the first time that it holds 4,710 Bitcoins.
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Last week, global listed companies net bought BTC 196 million, and Strategy has continuously increased its holdings for 8 weeks.

Last week, publicly listed companies globally increased their net inflow of Bitcoin by $196 million, with Strategy and MetaPlanet investing $75 million and $117 million respectively to increase their Bitcoin Holdings. The total amount of Bitcoin held by publicly listed companies worldwide is 636,960 BTC, with a market capitalization of approximately $6.635 billion, accounting for 3.2% of the circulating market capitalization of Bitcoin.
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Trump doubles tariffs as U.S. steel and aluminum prices soar

After Trump announced plans to double tariffs on steel and aluminum, American manufacturers are paying higher prices for aluminum and steel, with COMEX aluminum contracts soaring to their highest point since 2013, exceeding the London Benchmark contract price by 58 cents per pound. American buyers may need to pay 50% more. COMEX steel futures also rose over 8%, indicating a significant impact of tariffs on the U.S. aluminum market. According to Morgan Stanley, 80% of the aluminum used in the U.S. comes from imports.
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GRVT: Has used zk-SNARKs to break the dilemma of "privacy and transparency" in on-chain transactions.

GRVT indicates that in its architecture, the "transparency vs privacy" debate is not a Zero-sum Game. It verifies transaction data, including key trading strategy information, on a private network using zk-SNARKs technology, ensuring both the transparency and privacy of transactions while guaranteeing data integrity.
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Goldman Sachs raises aluminum price forecast for the second half of the year

On June 2, Jin10 reported that Goldman Sachs raised its aluminum price forecast for the second half of 2025 to $2,280 per ton, an increase of $140 per ton. It is expected that aluminum prices will drop to a low of $2,100 per ton in early 2026. The aluminum prices for 2026 and 2027 are expected to be $2,230 and $2,500 per ton, respectively, lower than the previous forecasts of $2,540 and $2,800 per ton.
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Israeli bombardment of northern Gaza killed 21 people

Jin10 data reported on June 2nd that, according to the Palestinian news agency, the Israeli army bombed two locations in the northern Gaza Strip on the same day, resulting in at least 21 deaths. The report stated that the Israeli military bombed a house in the Jabalia area, causing at least 16 deaths and multiple injuries. The military also bombed a house in Gaza City, resulting in at least 5 deaths, with several people trapped under the rubble. The Israel Defense Forces issued a statement on June 2nd saying that the army continues to carry out operations against armed organizations throughout the Gaza Strip. In the past day, the air force has targeted dozens of sites in the Gaza Strip.
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Ethereum co-founder: Inspired during dinner with Michael Saylor and decided to establish a company to invest in ETH.

Ethereum co-founder Joe Lubin has decided to establish a company to invest in Ethereum's native tokens, intending to invest in Ethereum. A company has submitted registration documents to the U.S. SEC, planning to issue up to 72,051,288 shares of common stock, raising no more than $1 billion, primarily for the purchase of ETH and corporate operating expenses.
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Ethereum co-founder establishes ETH-focused investment company, inspired by a crypto dinner with Michael Saylor.

Ethereum co-founder Joe Lubin stated that he was influenced by Michael Saylor and decided to establish a company to invest in Ethereum's native Token. As the founder of Consensys, he believes this strategy is relatively safe.
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Ethereum co-founder: Inspired during dinner with Michael Saylor, decided to establish a company to invest in ETH.

Ethereum co-founder Joe Lubin stated that influenced by advocates of digital asset storage, he decided to establish a company to invest in Ethereum Tokens. He believes this strategy is relatively low risk. SharpLink Gaming plans to raise $1 billion to increase its holdings of ETH.
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Market Analysis: The European Central Bank may conduct its last rate cut after inflation declines.

The European Central Bank is considering a final interest rate cut, lowering the deposit interest rate to 2%, and may maintain this level. The decision is still influenced by trade negotiations between Europe and the United States, and it is expected that the final outcome may be a framework protocol to reduce uncertainty. If economic demand increases, the Central Bank will consider further interest rate cuts to stimulate the real economy.
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International oil prices continue to rise.

Jin10 data June 2 news, affected by geopolitical situation, international oil prices have expanded their daily rise. WTI crude oil surpassed 63 dollars/barrel, with a daily increase of 4.43%. Brent crude oil surged 4.00% today, currently reported at 65.09 dollars/barrel.
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Bloomberg analyst: If BTC maintains a 50% rise annually, Satoshi Nakamoto's wealth will surpass Buffett this year.

Odaily News Eric Balchunas, a senior ETF analyst at Bloomberg, posted on the X platform stating: If Bitcoin can maintain a normal rise of 50% per year, then Satoshi Nakamoto will surpass Buffett this year and will likely surpass Zuckerberg next year, becoming the world's second richest person (Elon Musk is far ahead). Just think about it, such a successful founder has never cashed in, which is truly thought-provoking. This seems to be similar to Jack Bogle.
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Webus has signed a funding protocol for XRP with a cap of $300 million with SamaraAlpha.

Webus, a customized ride-hailing service platform, announced the signing of an XRP funding agreement with SamaraAlpha, which establishes Samara Alpha as the exclusive digital asset trustee of Webus with an authorized management cap of $300 million. (Marketscreener)
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The Iranian Foreign Minister visited Cairo on the same day as the Director General of the International Atomic Energy Agency to discuss the Iranian nuclear issue.

Iranian Foreign Minister Amir-Abdollahian and Director General of the International Atomic Energy Agency Grossi participated in a trilateral meeting in Cairo, Egypt, to discuss the Iranian nuclear issue. After the meeting, all parties expressed their intention to resolve the issue through political and diplomatic means, achieve denuclearization in the region, and avoid escalation of the situation in the Middle East. Amir-Abdollahian emphasized that the goal of negotiations with the U.S. is to prevent Iran from acquiring nuclear weapons while upholding the right to peaceful nuclear energy.
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Strategy has achieved a BTC return of 16.9% year-to-date.

PANews June 2 news, Michael Saylor posted on the X platform stating that the Strategy BTC yield has reached 16.9% so far this year. As of June 1, 2025, 580,955 Bitcoins have been held, with an acquisition average price of 70023 dollars.
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In May, Bitcoin and Ethereum on-chain NFT sales rebounded, reaching approximately $76.709 million and $138 million, respectively.

According to CryptoSlam, both Bitcoin and Ethereum on-chain NFT sales rebounded in May, reaching about $76.709 million and $138 million, respectively, and total on-chain sales reached $5.4 billion and $45.77 billion, respectively. In addition, both Bitcoin and Ethereum saw a certain increase in NFT trading volume on the Bitcoin and Ethereum chains in May, reaching about 124,000 and 550,000 respectively.
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Complete Guide to Purchasing GHO Stablecoin and Staking Mining Tutorial

Introduction The AAVE ecosystem has launched a new generation algorithmic stablecoin, GHO, which has occupied an important position in the cryptocurrency market since its launch in July 2023. As a stablecoin pegged 1:1 to the US dollar, GHO not only provides users with stable value storage but also brings new vitality to DeFi activities on the AAVE platform. This article will delve into the characteristics of the GHO stablecoin, how to purchase it, and staking mining strategies. Introduction to GHO Stablecoin: A New Generation Algorithmic Stablecoin in the AAVE Ecosystem As a new generation algorithmic stablecoin launched by the AAVE ecosystem, GHO has quickly become the focus of the cryptocurrency market since its launch on July 15, 2023. As of May 30, 2025, GHO is ranked 223rd on CoinMarketCap, demonstrating its significant position in the stablecoin market. The design of the GHO coin aims to maintain a connection with the US.
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Data: Abraxas Capital's two wallets shorting on Hyperliquid have unrealized gains of over 34 million dollars.

According to ChainCatcher news and monitoring by Onchain Lens, Abraxas Capital has unrealized gains exceeding 34 million dollars on short positions of BTC, ETH, SOL, HYPE, and SUI in two wallets on Hyperliquid.
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Strategy invested 75.1 million USD to increase its holdings of 705 BTC.

According to a report by Golden Finance, Strategy invested $75.1 million last week to increase its holdings by 705 BTC.
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Strategy has increased its holdings by 705 BTC at an average price of $106,495.

BlockBeats news, on June 2, Strategy increased its holdings by 705 BTC last week, with an average price of 106,495 USD.
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The mainstream token hedging short order of Abraxas Capital has unrealized gains exceeding 34 million USD.

BlockBeats news, on June 2, according to Onchain Lens monitoring, Abraxas Capital currently holds short positions in BTC, ETH, SOL, HYPE, and SUI through two wallets on Hyperliquid with unrealized gains exceeding 34 million dollars.
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Bitunix analyst: The tariff storm strikes again, triggering a risk-averse market, Bitcoin maintains a volatile pattern.

Trump's announcement to double steel and aluminum tariffs has raised market concerns, impacting metal prices; the escalation of the Ukraine-Russia conflict is driving gold buying; Bitcoin remains in high-level fluctuations, with investors on the sidelines; it is recommended to follow BTC price movement to prevent falling below $102,700. The market is in a period of policy and geopolitical uncertainty, and attention should be paid to capital flows and safe-haven assets, controlling risks while waiting for a clear market direction.
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