πΊπΈ U.S. Court Blocks Trump Tariffs π
A federal trade court has ruled Trumpβs tariffs (since Jan 2025) invalid, citing overreach of presidential authority π€·
π§Ύ If upheld, the U.S. may have to refund $10B in collected duties.
π The Trump administration has already filed an appeal.
A federal trade court has ruled Trumpβs tariffs (since Jan 2025) invalid, citing overreach of presidential authority π€·
π§Ύ If upheld, the U.S. may have to refund $10B in collected duties.
π The Trump administration has already filed an appeal.
π8
π£ Elon Musk announced heβs stepping down as head of DOGE β the government spending reform department β on May 29.
π¬ He called cutting public spending βunderestimatedly hard,β but says the mission will live on without him.
π Right after the news, Tesla shares jumped, ending months of decline. Looks like Wall Street prefers Musk the entrepreneur over Musk the politician. π§
π¬ He called cutting public spending βunderestimatedly hard,β but says the mission will live on without him.
π Right after the news, Tesla shares jumped, ending months of decline. Looks like Wall Street prefers Musk the entrepreneur over Musk the politician. π§
π7
πThe clean energy firm VivoPower just secured $121M in funding from Saudi investors β to launch the world's first ... XRP-focused treasury strategy
The funds will be used to build a strategic reserve of Rippleβs XRP, making VivoPower the first public company globally to adopt such a move. π
The funds will be used to build a strategic reserve of Rippleβs XRP, making VivoPower the first public company globally to adopt such a move. π
π6
πͺπΊ Bybit Secures MiCA License in Europe!
Crypto exchange Bybit has officially received a MiCA license from Austriaβs Financial Market Authority (FMA) π
β This regulatory green light allows Bybit to offer fully compliant crypto services across the entire EU under the new Markets in Crypto-Assets (MiCA) framework.
π Big win for Bybit β and a major step toward legitimizing crypto operations in Europe.
Crypto exchange Bybit has officially received a MiCA license from Austriaβs Financial Market Authority (FMA) π
β This regulatory green light allows Bybit to offer fully compliant crypto services across the entire EU under the new Markets in Crypto-Assets (MiCA) framework.
π Big win for Bybit β and a major step toward legitimizing crypto operations in Europe.
π₯6β€1π1
π Exodus from Exchanges: 30,000 BTC Withdrawn in a Month
Over the past month, crypto exchanges saw an outflow of 30,000 BTC β worth around $3.2 billion π€
Where is the Bitcoin going? π€
π A major chunk appears to be heading to institutional hands:
In just the last 10 trading days, BlackRock's BTC ETF added $4 billion in inflows! π°
Institutions are stacking while retail watches π
Over the past month, crypto exchanges saw an outflow of 30,000 BTC β worth around $3.2 billion π€
Where is the Bitcoin going? π€
π A major chunk appears to be heading to institutional hands:
In just the last 10 trading days, BlackRock's BTC ETF added $4 billion in inflows! π°
Institutions are stacking while retail watches π
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πβ‘οΈ Gemini is mining Bitcoin with a Cybertruck at the Bitcoin Conference in Las Vegas!
Yes, you read that right β the exchange hooked up a mining rig to Teslaβs electric beast to showcase the power of mobile BTC mining.
The stunt drew attention not just for its style, but as a nod to decentralized mining possibilities.
Elon, your truck is now a mining farm π
Yes, you read that right β the exchange hooked up a mining rig to Teslaβs electric beast to showcase the power of mobile BTC mining.
The stunt drew attention not just for its style, but as a nod to decentralized mining possibilities.
Elon, your truck is now a mining farm π
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Tariff talks between the U.S. and China have stalled, according to a statement from the U.S. Treasury overnight π€·
Markets reacted with a correction, and Bitcoin dropped below $105K. π
This sharp move triggered the liquidation of prominent trader James Wynn, who lost 949 BTC (around $100M). Just days ago, his position was +$87M in profit. π
Wynn later stated that his loss reflects the level of manipulation in financial markets, and advised sticking to spot Bitcoin and cold storage as the safer strategy. π€
π³ Interestingly, another trader who consistently took the opposite side of Wynnβs trades reportedly made $17M in profit β highlighting the extreme volatility and unpredictability of leverage in crypto markets.
Markets reacted with a correction, and Bitcoin dropped below $105K. π
This sharp move triggered the liquidation of prominent trader James Wynn, who lost 949 BTC (around $100M). Just days ago, his position was +$87M in profit. π
Wynn later stated that his loss reflects the level of manipulation in financial markets, and advised sticking to spot Bitcoin and cold storage as the safer strategy. π€
π³ Interestingly, another trader who consistently took the opposite side of Wynnβs trades reportedly made $17M in profit β highlighting the extreme volatility and unpredictability of leverage in crypto markets.
β€6π€3
π¨ SEC says staking β securities!
π In a new statement, the U.S. SEC clarified that participating in staking on Proof-of-Stake (PoS) blockchains does not constitute a securities transaction. That means staking itself doesn't violate securities laws.
π This could pave the way for institutional players like BlackRock to enter Ethereum staking more confidently β and potentially unlock billions in capital.
Bullish signal for the staking ecosystem? π
π In a new statement, the U.S. SEC clarified that participating in staking on Proof-of-Stake (PoS) blockchains does not constitute a securities transaction. That means staking itself doesn't violate securities laws.
π This could pave the way for institutional players like BlackRock to enter Ethereum staking more confidently β and potentially unlock billions in capital.
Bullish signal for the staking ecosystem? π
β€7π5
Arkham deanonymized Michael Saylorβs BTC wallets π§
π Arkham claims to have identified the BTC wallets belonging to MicroStrategy β and they hold $59.92B worth of Bitcoin, which is 97% of what Saylor has publicly stated.
β‘οΈ You can now view the Strategy wallet dashboard directly here.
Transparency level: unlocked β
π Arkham claims to have identified the BTC wallets belonging to MicroStrategy β and they hold $59.92B worth of Bitcoin, which is 97% of what Saylor has publicly stated.
β‘οΈ You can now view the Strategy wallet dashboard directly here.
Transparency level: unlocked β
π4
π«π·β½οΈ Paris Saint-Germain Holds Bitcoin Ahead of Champions League Final!
PSG has become the first major sports club to hold Bitcoin on its balance sheet, signaling a bold shift toward long-term crypto integration.
π¬ βWe allocated part of our fiat reserves into BTC,β said PSG Labs head PΓ€r Helgosson at the Bitcoin 2025 conference in Las Vegas.
πΉ Unlike other clubs focused on short-term NFT or fan token projects, PSG is going deeperβsupporting Bitcoin startups via PSG Labs and aligning with its young, global fanbase.
PSG has become the first major sports club to hold Bitcoin on its balance sheet, signaling a bold shift toward long-term crypto integration.
π¬ βWe allocated part of our fiat reserves into BTC,β said PSG Labs head PΓ€r Helgosson at the Bitcoin 2025 conference in Las Vegas.
πΉ Unlike other clubs focused on short-term NFT or fan token projects, PSG is going deeperβsupporting Bitcoin startups via PSG Labs and aligning with its young, global fanbase.
π8
πΈ FTX starts paying back over $5B in stablecoins to creditors today!
According to the FTX Official Recovery Trust Page, eligible creditors will receive their funds via BitGo or Kraken within 1β3 business days.
The real question now: will those billions flow right back into crypto? Or is it time for a little exit liquidity? π€π
According to the FTX Official Recovery Trust Page, eligible creditors will receive their funds via BitGo or Kraken within 1β3 business days.
The real question now: will those billions flow right back into crypto? Or is it time for a little exit liquidity? π€π
π7π2
π¨π³ China may soon ban holding crypto β not just trading or mining
Since 2021, all crypto-related activities in China (mining, trading, exchanges) have been banned. But holding crypto in private wallets has remained in a legal gray zone β until now. π§
A new report suggests authorities are moving to explicitly outlaw personal crypto holdings as well. If passed, this would be Chinaβs harshest crypto restriction yet. ππ
Stay tuned β the era of βjust HODLβ in China might be over.
Since 2021, all crypto-related activities in China (mining, trading, exchanges) have been banned. But holding crypto in private wallets has remained in a legal gray zone β until now. π§
A new report suggests authorities are moving to explicitly outlaw personal crypto holdings as well. If passed, this would be Chinaβs harshest crypto restriction yet. ππ
Stay tuned β the era of βjust HODLβ in China might be over.
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πΈ The crypto market is currently seeing an average daily inflow of $1.8B in fresh capital β levels not seen since the all-time high in November 2021 ($64K BTC).
π According to CryptoQuant, the largest inflows this cycle occurred near $73K ($3.6B) and $92K ($4.5B).
Even after hitting new ATHs, investors are still pouring serious money into crypto. The bull cycle isnβt cooling off β it's gaining momentum. π₯
π According to CryptoQuant, the largest inflows this cycle occurred near $73K ($3.6B) and $92K ($4.5B).
Even after hitting new ATHs, investors are still pouring serious money into crypto. The bull cycle isnβt cooling off β it's gaining momentum. π₯
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π What would $1,000 invested 5 years ago be worth today?
Letβs compare:
πΈ Bitcoin (BTC) β $12,156 π
πΈ Nasdaq β $2,323 π
πΈ S&P 500 β $2,033 π
πΈ Gold β $1,896 πͺ
π₯ BTC outperformed traditional assets by a massive margin β over 12x return, despite all the volatility.
β³ Time in the market > timing the market. Especially when it's crypto.
Letβs compare:
πΈ Bitcoin (BTC) β $12,156 π
πΈ Nasdaq β $2,323 π
πΈ S&P 500 β $2,033 π
πΈ Gold β $1,896 πͺ
π₯ BTC outperformed traditional assets by a massive margin β over 12x return, despite all the volatility.
β³ Time in the market > timing the market. Especially when it's crypto.
β€4π₯3
π Elon Musk launches XChat on Twitter
Musk just unveiled XChat β a brand-new messaging system for X (Twitter) π§΅
π² Key features:
βͺοΈEnd-to-end encryption Γ la Bitcoin
βͺοΈFile sharing of any type
βͺοΈDisappearing messages
βͺοΈAudio & video calls
π Built in Rust with a fully revamped architecture β privacy, speed & functionality at its core.
Looks like Musk is turning X into an all-in-one encrypted super app. π€
Musk just unveiled XChat β a brand-new messaging system for X (Twitter) π§΅
π² Key features:
βͺοΈEnd-to-end encryption Γ la Bitcoin
βͺοΈFile sharing of any type
βͺοΈDisappearing messages
βͺοΈAudio & video calls
π Built in Rust with a fully revamped architecture β privacy, speed & functionality at its core.
Looks like Musk is turning X into an all-in-one encrypted super app. π€
π4π2β€1
πΈ James Wynn tries to bounce back after $17.5M loss
Just days after closing his BTC and PEPE longs at a $3M loss, trader James Wynn made a bold move β unstaked and sold 126,116 HYPE for $4.12M, locking in a $1.05M profit (bought earlier in May at $24.4, sold at $32.7). π
β‘οΈ His fast-paced, high-volume trades suggest heβs still chasing high-leverage plays β and that dream $1B trade is still on his radar.
π Total losses remain steep at $17.58M, but Wynn clearly isnβt backing down.
Just days after closing his BTC and PEPE longs at a $3M loss, trader James Wynn made a bold move β unstaked and sold 126,116 HYPE for $4.12M, locking in a $1.05M profit (bought earlier in May at $24.4, sold at $32.7). π
β‘οΈ His fast-paced, high-volume trades suggest heβs still chasing high-leverage plays β and that dream $1B trade is still on his radar.
π Total losses remain steep at $17.58M, but Wynn clearly isnβt backing down.
π2π«‘1
πΆ CZ Proposes DEX With a Darkpools
After James Wynn's big long positions got liquidated, CZ (ex-Binance CEO) dropped an idea: it's time for a perpetual DEX with zero visibility β no public order books, no liquidation points. π
π‘ Highlights:
βͺοΈCurrent DEXs expose all orders, leading to MEV attacks and front-running
βͺοΈIn perp trading, showing liquidations = asking to get hunted
βͺοΈTradFi giants use darkpools β often 10x bigger than public markets
βͺοΈEven with $1B, your trade isnβt safe if everyone sees it
βͺοΈCZβs solution: on-chain DEX + darkpool + ZK tech
βͺοΈHidden orders, deposits, and liquidation points = protection for whales & degens alike
DeFi, but stealth mode. π₯·
After James Wynn's big long positions got liquidated, CZ (ex-Binance CEO) dropped an idea: it's time for a perpetual DEX with zero visibility β no public order books, no liquidation points. π
π‘ Highlights:
βͺοΈCurrent DEXs expose all orders, leading to MEV attacks and front-running
βͺοΈIn perp trading, showing liquidations = asking to get hunted
βͺοΈTradFi giants use darkpools β often 10x bigger than public markets
βͺοΈEven with $1B, your trade isnβt safe if everyone sees it
βͺοΈCZβs solution: on-chain DEX + darkpool + ZK tech
βͺοΈHidden orders, deposits, and liquidation points = protection for whales & degens alike
DeFi, but stealth mode. π₯·
π6β€3
π³ Silk Roadβs Ross Ulbricht just received a $31M donation!
π° An anonymous wallet sent 300 BTC ($31.4M) to Ross Ulbricht β the imprisoned founder of the Silk Road darknet market.
π¬ Funds went directly to his official BTC address: link
πΌ On top of that, a recent auction of Rossβs prison artwork and mementos raised nearly $1.3M in BTC.
Free Ross campaign just got very real β and well-funded.
π° An anonymous wallet sent 300 BTC ($31.4M) to Ross Ulbricht β the imprisoned founder of the Silk Road darknet market.
π¬ Funds went directly to his official BTC address: link
πΌ On top of that, a recent auction of Rossβs prison artwork and mementos raised nearly $1.3M in BTC.
Free Ross campaign just got very real β and well-funded.
π7
Crypto soothsayer
πΈ James Wynn tries to bounce back after $17.5M loss Just days after closing his BTC and PEPE longs at a $3M loss, trader James Wynn made a bold move β unstaked and sold 126,116 HYPE for $4.12M, locking in a $1.05M profit (bought earlier in May at $24.4, soldβ¦
π The whale is back β and bleeding.
Three hours ago, James Wynn reopened a long position on BTC β and he's already sitting at a -$1.6M PnL π¬
π Liquidation price: ~$103,637.
π₯ Heβs now urgently topping up his margin wallet β last deposit was $480K USDC, just 50 minutes ago.
Will Wynn win β or is this another big loss in the making? π«£
Three hours ago, James Wynn reopened a long position on BTC β and he's already sitting at a -$1.6M PnL π¬
π Liquidation price: ~$103,637.
π₯ Heβs now urgently topping up his margin wallet β last deposit was $480K USDC, just 50 minutes ago.
Will Wynn win β or is this another big loss in the making? π«£
π3π«‘1
πΌ Strategy keeps stacking BTC
The firm just scooped up 705 BTC for $75.1M at an average price of $106,495 per coin.
π As of June 1, 2025:
βͺοΈ Total holdings: 580,955 BTC
βͺοΈ Total spent: $40.68B
βͺοΈ Average price per BTC: $70,023
Not just diamond hands β these guys are diamond bulldozers. ππ
The firm just scooped up 705 BTC for $75.1M at an average price of $106,495 per coin.
π As of June 1, 2025:
βͺοΈ Total holdings: 580,955 BTC
βͺοΈ Total spent: $40.68B
βͺοΈ Average price per BTC: $70,023
Not just diamond hands β these guys are diamond bulldozers. ππ
π₯6β€1
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π Vitalik Unveils Plan to 10x Ethereum L1!
Ethereum co-founder Vitalik Buterin confirmed plans to scale Ethereum Layer 1 by 10x within a year β but without rushing or compromising decentralization.
Key points:
π§ Focus on delayed execution, networking upgrades, and EVM improvements
π‘ Emphasis on censorship resistance and decentralization
π’ "Slow and steady" wins β Vitalik pushes back against 100x scaling urgency from researchers like Dankrad Feist
As ETH eyes the $3K mark, scaling talks are heating up β with $2B reportedly being raised to accumulate ETH via ETFs and BTC swaps. π°
Ethereum co-founder Vitalik Buterin confirmed plans to scale Ethereum Layer 1 by 10x within a year β but without rushing or compromising decentralization.
Key points:
π§ Focus on delayed execution, networking upgrades, and EVM improvements
π‘ Emphasis on censorship resistance and decentralization
π’ "Slow and steady" wins β Vitalik pushes back against 100x scaling urgency from researchers like Dankrad Feist
As ETH eyes the $3K mark, scaling talks are heating up β with $2B reportedly being raised to accumulate ETH via ETFs and BTC swaps. π°
π7β€2