Stock market today: S&P 500 hits 6,000 as Tesla rebounds amid Trump-Musk feud cooldown📣

U.S. stocks rallied Friday, with the S&P 500 closing at 6,000—its highest level since February—after a solid jobs report and easing tensions between President Trump and Elon Musk. The S&P 500 rose 1%, the Dow gained 1.1% (over 400 points), and the Nasdaq climbed 1.2%. Tesla shares rebounded as Musk stepped back from threatening to decommission NASA’s Dragon spacecraft amid pressure from Trump, though the White House denied any planned reconciliation call.

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Eric Trump Reveals $ TRUMP Coin’s Strategic Alignment with World Liberty Financial 🔭

Eric Trump announced that the $ TRUMP meme coin has partnered with World Liberty Financial, which intends to acquire a significant stake in the token as a long-term treasury asset. The move signals growing institutional interest in politically themed cryptocurrencies.

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Fed Ends Crypto Rule Ambiguity to Boost Innovation 🧹

The Federal Reserve plans to end unclear crypto regulations, aiming to support innovation and provide banks with clearer guidelines. This marks a shift toward a more crypto-friendly stance, following an April decision by U.S. regulators to withdraw earlier restrictive guidance.

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TRUMP memecoin ‘hasn’t pumped’ after Eric Trump says WLF will buy big stack

The price of Official Trump coin briefly spiked 6% before pulling back, following Eric Trump saying the team "remain focused on building the most exciting MEME on earth."

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Trump touts memecoin as sentiment gauge as $520M unlock nears

Trump seems to recognize his official memecoin, down 85% from its all-time high, as a tool to measure public sentiment.

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Salvador's Bitcoin position has exceeded 6,200, and has increased by 8 in the past 7 days

According to the data on the website of the Ministry of Finance of El Salvador, El Salvador has increased its holdings of 8 bitcoins in the past 7 days, and currently its bitcoin positions have reached 6,200.18, with a value of more than $652 million.

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BiyaPay Analyst: Musk's break with Trump caused market shocks, and Tesla's market value plummeted by $150 billion

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🗞 June 7, 2025 cryptocurrency news highlights

【Cryptocurrency】
Salvador's Bitcoin position has exceeded 6,200, and has increased by 8 in the past 7 days

【Economy】
Stock market today: S&P 500 hits 6,000 as Tesla rebounds amid Trump-Musk feud cooldown📣

【Indicators】
Shiba Inu Price Signals 28% Crash After Bearish Pattern Breaks📶

【More】
Fed Ends Crypto Rule Ambiguity to Boost Innovation 🧹

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PumpFun plans to distribute protocol revenue to $ PUMP holders through a buyback-based structure, diverging from the typical speculative memecoin model.😄

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Ethereum Price Prediction As Viral ETH-Based Altcoin Eyes 46x Gains🔹

Mutuum Finance (MUTM), an Ethereum-based altcoin, is gaining investor attention during its presale, currently in Phase 5 at $0.03. It has raised $10.1 million, sold over 530 million tokens, and attracted 11,700 holders. With a projected 100% return at launch ($0.06) and a unique lending platform, analysts see strong growth potential, predicting up to 46x returns.

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Trump says relationship with Musk is over😲

➡️ Read Here

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Shiba Inu at Make-or-Break Moment: SHIB Whales Move to Cold Storage as Sellers Dominate Market📶

Shiba Inu (SHIB) is down 9.4% over the past week, currently trading at $0.00001273. Analyst Buddy King attributes the decline to increased selling pressure, leading to significant liquidations and continued bearish momentum in the SHIB ecosystem.

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「Ethereum ICO Whale of 1 Million Coins」 Once Again Deposits 994.8 ETH to OKX, Worth $2.51 Million🔥

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This week, the US Ethereum Spot ETF saw a net inflow of $2.813 billion, marking the longest net inflow streak since November 2024.

According to Farside Investors data, this week the US Ethereum spot ETF saw a net inflow of $281.3 million, marking the 15th consecutive day of net inflows, the longest such streak since November 2024. Details are as follows:
BlackRock ETHA net inflow of $249.3 million;
Grayscale ETH net inflow of $25.2 million.

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James Wynn opens a 40x "Ant Farm" Bitcoin long position, with a margin of only about $460

Whale James Wynn posted, stating, "Scraped another $468.62, directly went long on a 40x leverage trade. One card and one chair, all in."
Whale James Wynn is currently running an "Ant Farm" on HyperLiquid: 40x long on Bitcoin, entry price at $105,537.5, liquidation price at $104,190, position's nominal value $18,737.66, equivalent to 0.17763 BTC, margin $461.41.

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Cathie Wood supports Tesla stock: If she can only choose one stock to invest in, she will choose TSLA

Cathie Wood recently supported Tesla stock in an interview. She said that if she could only choose one stock to invest in, she would choose TSLA.

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The probability of Elon Musk creating a new political party this year is currently pegged at 16% on Polymarket.

According to official website data, the probability on Polymarket for "Musk to create a new political party by the end of this year" is reported at 16%, and the probability for "Musk to create a new political party by the end of June" is reported at 5%.

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🗞 June 8, 2025 cryptocurrency news highlights

【Cryptocurrency】
This week, the US Ethereum Spot ETF saw a net inflow of $2.813 billion, marking the longest net inflow streak since November 2024.

【Economy】
Cathie Wood supports Tesla stock: If she can only choose one stock to invest in, she will choose TSLA

【Indicators】
James Wynn opens a 40x "Ant Farm" Bitcoin long position, with a margin of only about $460

【More】
The probability of Elon Musk creating a new political party this year is currently pegged at 16% on Polymarket.

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Turbos Finance launches Liquidity Rush, a liquidity mining event, offering a 200,000 TURBOS reward pool💃

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Michael Saylor posted the Saylor Bitcoin tracker again🚀

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