🗞 June 5, 2025 cryptocurrency news highlights

【Cryptocurrency】
Bluebird Mining Ventures announced plans to convert future gold mining revenues into Bitcoin and adopt BTC as a treasury reserve asset, becoming the first UK-listed mining firm to combine physical and digital gold in its strategy.

【Economy】
Sui has partnered with Dubai’s Virtual Assets Regulatory Authority (VARA) to support startups, nurture local talent, and drive growth in the region’s crypto ecosystem, marking a strategic step in Sui’s global expansion.

【Indicators】
More than 340,000 ETH (around $900m) are currently waiting in Ethereum's validator activation queue—the highest level since early 2024.

【More】
Fed Beige Book: U.S. Economy Slows as Tariff Concerns Grow 📉

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President Trump's Truth Social files S-1 form for their Bitcoin ETF 👀

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Bitcoin is flying off exchanges 💸

67,250 BTC withdrawn in the past week!

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Musk Drops Bombshell: Trump Appears in Epstein's Files💣

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Tesla's sell-off widens to 15%☄️

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Elon Musk Endorses "Trump Should Be Impeached" Tweet🤕

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Former senior Trump adviser calls for expulsion of Musk!👨‍⚖️

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Trump-Musk Fallout: Tesla Loses $150 Billion in Market Value — A Windfall for Vance?🔥

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Musk Has Offended Both Parties — Just to End the U.S. Fiscal Deficit

The Kobeissi Letter notes that Elon Musk has now upset both Republicans and Democrats, staying consistent in his goal to end America’s deficit spending. His stance reflects a broader mission to rise above politics and tackle the U.S. debt crisis. The Kobeissi Letter urges, “We must set aside politics to end the American debt crisis.”

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Pump•fun Urges Elon Musk to Join the Memecoin Battle with Trump 🆚

Pump•fun posted on X, addressing Elon Musk amid his apparent fallout with Donald Trump. The platform suggested Musk embrace the crypto spotlight by launching his own token, highlighting Trump’s recent memecoin initiative. Calling it a rare moment of support for “PVP” (player vs. player), Pump•fun framed it as a once-in-a-lifetime chance for Musk to make crypto history.

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WLFI Advisor Responds to "Shorting TRUMP": WLFI is not affiliated with TRUMP, and it is natural to hedge during uncertain times

WLFI advisor Ogle (@ cryptogle) responded to the "short TRUMP" on social media, saying: "How do people still not understand that the TRUMP meme coin project is different from the WLFI project? Anyway, in uncertain times, you have to hedge."

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Institutional Bitcoin ETF holdings fell by 23% in Q1 2025 to $21.2bn, marking the first quarterly decline since U.S. spot ETFs launched.

The drop is mainly attributed to Bitcoin’s price depreciation, though some investors actively reduced positions, while corporate treasuries continued accumulating BTC.

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The UK’s Financial Conduct Authority will lift its ban on crypto exchange-traded notes (cETNs) for retail investors, allowing them to be traded on FCA-recognized investment exchanges.

The move aims to boost the UK’s competitiveness in the digital asset sector while maintaining consumer protections under existing promotion rules.

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Apple, X, Airbnb, and Google are holding early talks with crypto firms about integrating stablecoins to reduce transaction fees and improve global payment efficiency.

⚫️Apple is reportedly in talks with Circle over a potential integration
⚫️Airbnb is working with Worldpay to reduce Visa and Mastercard fees
⚫️Elon Musk’s X is exploring stablecoin payments in X Money, with ongoing discussions with Stripe
⚫️Google Cloud already accepts PayPal’s PYUSD

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🗞 June 6, 2025 cryptocurrency news highlights

【Cryptocurrency】
The UK’s Financial Conduct Authority will lift its ban on crypto exchange-traded notes (cETNs) for retail investors, allowing them to be traded on FCA-recognized investment exchanges.

【Economy】
WLFI Advisor Responds to "Shorting TRUMP": WLFI is not affiliated with TRUMP, and it is natural to hedge during uncertain times

【Indicators】
Institutional Bitcoin ETF holdings fell by 23% in Q1 2025 to $21.2bn, marking the first quarterly decline since U.S. spot ETFs launched.

【More】
Apple, X, Airbnb, and Google are holding early talks with crypto firms about integrating stablecoins to reduce transaction fees and improve global payment efficiency.

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Know Labs, Inc. announces its adopting a Bitcoin Treasury Strategy and holds 1,000 Bitcoin 🙌

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Eric Trump: The TRUMP token has partnered with WLFI, which will hold a significant amount of TRUMP in its long-term treasury.👀

Eric Trump announced that the "MEME coin TRUMP" has partnered with World Liberty Financial (WLFI). Although their Meme wallet project has been discontinued, they remain committed to promoting the TRUMP coin. WLFI also plans to hold a significant amount of TRUMP in its long-term treasury, aligning with shared goals in cryptocurrency, patriotism, and long-term success.

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

Shiba Inu's price faces a potential 28% drop to $0.000009 due to a bearish head and shoulders pattern on the daily chart. Technical indicators like the RSI and ADX signal growing bearish momentum. Additionally, a dormant whale address transferred 100 billion SHIB to Binance after three years, adding to selling pressure as trader losses mount.

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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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