Bitcoin was in a good place a few weeks ago, until it probably wasn't. source: https://ambcrypto.com/risk-appetite-migrates-to-stocks-as-bitcoin-braces-itself-heres-why-that-matters/

Coinbase resolves lawsuit with BiT Global over wBTC delisting, affirming its asset management rights. source: https://coincu.com/342138-coinbase-bitglobal-lawsuit-settlement

Tether’s CEO Paolo Ardoino has praised Bolivia's rapid rise in USDT (Tether) usage, stating that the country is increasingly turning to digital dollars for regular trade. source: https://www.cryptopolitan.com/bolivias-shifts-to-usdt-in-retail-sector/

According to PANews, recent data from CryptoSlam indicates a modest recovery in the NFT market over the past week, with a 1.95% increase in trading volume, reaching $106.2 million. The number of NFT buyers surged by 55.08%, totaling 826,992, while the number of sellers rose by 18.12% to 257,017. However, the total number of NFT transactions fell by 24.94% to 1,651,758. The Ethereum network maintained its lead with a trading volume of $30.3 million, despite a 15.57% decrease from the previous week. The Immutable network saw a significant rise to second place with a trading volume of $16.4 million, marking a 123.21% increase. The Bitcoin network ranked third with a trading volume of $15.1 million, up 17.81% week-over-week. Mythos Chain followed in fourth place with $14 million, a 3.26% increase, while the Polygon network recorded a trading volume of $13.9 million, down 7.72%. The Solana network experienced a decline, with a trading volume of $6.1 million, a decrease of 13.31%. Notable high-value sales this week included CryptoPunks #1831, sold for 150 ETH ($389,846), CryptoPunks #9778 for 150 ETH ($377,958), CryptoPunks #4868 for 76.5 ETH ($201,933), CryptoPunks #5586 for 70.07 ETH ($185,292), and CryptoPunks #7516 for 60 ETH ($158,378).

Odaily Planet Daily News Bitcoin DeFi platform Alex Protocol was attacked on June 6, losing about $8.3 million, including 8.4 million STX, 21.85 sBTC, 149,800 USDC and 2.8 WBTC. The team said the attack was caused by a self-listing verification logic vulnerability and will fully compensate affected users in USDC through a structured claims process. Previously, in May 2024, Alex lost $4.3 million due to a cross-chain bridge hack.

The Bitcoin market was recently subject to a significant price dip as a public feud between US President Donald Trump and the world’s richest man, Elon Musk, on Thursday negatively impacted the US financial markets. During this period, the premier cryptocurrency crashed by an estimated 5% from $106,000 to trade below $101,000. Interestingly, despite the short-term volatility, several key technical indicators now point to a potentially bullish setup. In fact, this latest pullback appears to complete a series of signals that historically precede major price rallies source: https://www.newsbtc.com/news/bitcoin/bitcoin-historical-data-points-to-imminent-62-price-surge-analyst/

BiT Global withdraws wBTC lawsuit against Coinbase. Both firms to pay legal fees, per court filing. source: https://coincu.com/342135-bit-global-lawsuit-against-coinbase

Odaily Planet Daily News Cetus Protocol officially stated that the protocol will be fully restarted at 3:00 UTC on June 8, 2025. Previously, Cetus's CLMM pool was hacked, resulting in a large loss of tokens. After the restart, users will be able to access all functions of Cetus, including trading, managing liquidity positions, adding/removing liquidity, and collecting fees and rewards. The liquidity recovery rate of the affected pools is between 85% and 99%. To make up for the losses, Cetus will allocate 15% of the token supply to compensate the contract, of which 5% will be available immediately upon restart and 10% will be unlocked linearly within 12 months from June 10, 2025. The Cetus team has invested all available cash reserves (approximately US$7 million) and obtained a loan of 30 million USDC from the Sui Foundation to support the recovery. At the same time, the team is taking legal action in multiple jurisdictions to recover the remaining funds.

Odaily Planet Daily News BiT Global's lawyers have withdrawn their lawsuit against Coinbase, which involved Coinbase delisting the wrapped Bitcoin token wBTC just two months after launching a competing token cbBTC. Under the agreement, the two companies will pay their respective legal fees. BiT Global is a company backed by TRON founder Justin Sun, and once became a "strategic partner" with BitGo to provide wBTC wrapped Bitcoin tokens. The lawsuit was dismissed, which means that the lawsuit will no longer be filed. (The Block)

Odaily Planet Daily News: Argentina's Anti-Corruption Office (OA) said that the country's President Javier Milei acted in his personal capacity when promoting LIBRA and did not violate the country's public morality regulations. The investigation report pointed out: "The promotional posts are not related to administrative actions, no public resources are allocated, and no institutional support is obtained. They should be interpreted as personal or private communication behaviors and do not produce any form of official public policy direction." Javier Milei initially promoted the Libra cryptocurrency on his personal X account to support small businesses and startups in Argentina. But he deleted the post after the token's market value plummeted 90% from its peak of more than $2 billion. The resulting scandal, called "Cryptogate" by local media, led opposition politicians to call for the impeachment of Javier Milei and triggered a lawsuit filed by the country's lawyers on behalf of losing investors. Javier Milei asked the Argentine Court of Auditors (OA) to investigate to "determine whether any member of the national government, including the president himself, has committed misconduct." (The Block)

On June 6, boosted by the positive news of a mild cooling in the labor market, the Nasdaq index jumped 1% during trading and Bitcoin soared more than 3%. Both broke free from the drag of the Twitter spat between Trump and Musk.

Will this migration of cryptocurrency Jews give rise to a new “Crypto Jerusalem”? Where will become the next cryptocurrency center?

I had a crappy coin and I never used a stop loss. Then it was removed from the market by a major exchange and its price dropped drastically. Now all my losses were gone and there was no need to stop loss. I just recorded the loss directly.

2025年6月7日，AB DAO 宣布其原生代币 $AB 在全球顶级加密资产交易平台币安 Alpha（币安早期接入与独家挂牌平台）正式上线交易。详见币安官方公告： https://x.com/binance/status/1931229650543583317

On June 7, 2025, AB DAO announced that its native token $AB officially began trading on Binance Alpha—Binance’s early-access, exclusive listing platform.

On June 7, 2025 at 14:00 (UTC+8), AB DAO announced that its native token $AB is now officially trading on Binance Alpha—Binance’s early-access, exclusive listing platform.

Elon Musk, Trump, is Musk going to form a new party? Will it succeed? Golden Finance, after Musk and Trump fell out, he even directly expressed the idea of ​​forming a new party.

The market is concerned about whether the Trump administration's newly announced tariff policy will lead to economic contraction. Analysis shows that the probability of a recession is about 20%, lower than the previous expectation of 50%, but tariffs may push up prices and trigger inflationary pressure.

Circle, the issuer of the second largest stablecoin USDC, landed on the New York Stock Exchange, becoming the first stablecoin company in history to be successfully listed, attracting the world's attention.