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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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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