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Trump tweeted on the Truth Social platform that he didn't mind Musk turning against him, but thought Musk "should have done it months ago". Trump highlighted a bill under consideration in Congress, calling it "one of the greatest bills ever" that would cut spending by $1.60 trillion and provide "the biggest tax cut ever". He warned that failure to pass would result in a 68% tax increase and "worse". Trump said: "I'm not the one who caused this mess, I'm just here to fix it."

According to Farside Investors monitoring data, yesterday ARKB net outflow of $102 million, BITB net outflow of $36.70 million, grey release GBTC net outflow of $24.10 million.

On June 6, Naval Ravikant, a well-known angel investor in Silicon Valley, said in X, "Elon's position is principled. Trump's position is pragmatic. The tech world needs Republicans right now. Republicans need technology to lead the future. Drop the tax cuts, cut some spending, and get the bill passed." It is worth noting that Musk retweeted the post.

According to Whale Alert, an on-chain data tracking service, at around 7:04 a.m. Beijing time, the USDC Treasury destroyed 75 million USDCs on the Ethereum chain.

21:00-7:00 Keywords: WLFI, Musk, Trump, Circle 1. Trump Media Technology Group will launch a cryptocurrency ETF. 2. WLFI issues a warning letter to FIGHT FIGHT LLC; 3. CME CEO: The "ultimate use" of cryptocurrency has not yet been discovered; 4. Truth Social Bitcoin and Ethereum ETFs are registered in Nevada. 5. Musk issued a denial of Trump's remarks: he did not understand the "tax bill"; 6.Circle CEO: Circle officially became a listed company on the New York Stock Exchange; 7. The new Federal ...

Uber chief executive Dara Khosrowshahi said bitcoin was a "proven commodity".

Early this morning, Alibaba open-sourced two new Qwen3 series models, Qwen3-Embedding and Qwen3-Reranker. These two models are specially designed for text representation, retrieval and sorting tasks. They are trained on the Qwen3 basic model and fully inherit the advantages of Qwen3 in multilingual text understanding. They support 119 languages. According to the test data, Qwen3 Embedding performs very well in the multi-lingual text representation benchmark. Among them, the 8B parameter ranks fi...

Trump Media Technology Group (DJT. O) filed an S-3 registration statement on a previously announced bitcoin asset transaction. The company said it seeks registered investors to resell about 56 million shares, as well as 29 million underlying convertible notes, with proceeds to be used to create bitcoin assets and general corporate purposes. Filed Form S-3 on a debt and equity subscription agreement signed with about 50 investors, with a total financing of about $2.30 billion.

Kalshi, a US financial trading and prediction market platform, currently expects a 49% chance that US President Donald Trump will be impeached again.

President Donald Trump said he wanted the tax bill passed "immediately".

The US Treasury has submitted its semi-annual report to Congress on the macroeconomic and foreign exchange policies of America's major trading partners. In the report, the Treasury Department examines and assesses the policies of America's major trading partners, which account for about 78 percent of America's foreign trade in goods and services, for the four quarters ending December 2024. The review found that no major trading partner of the United States manipulated the exchange rate between i...

The market shows that ETH fell below $2400, and is now reported at $2399.66, with a 24-hour decline of 7.89%. The market fluctuates greatly. Please do a good job in risk control.