Today
2025/06/02

Last week, global listed companies net bought BTC 196 million, and Strategy has continuously increased its holdings for 8 weeks.

Last week, publicly listed companies globally increased their net inflow of Bitcoin by $196 million, with Strategy and MetaPlanet investing $75 million and $117 million respectively to increase their Bitcoin Holdings. The total amount of Bitcoin held by publicly listed companies worldwide is 636,960 BTC, with a market capitalization of approximately $6.635 billion, accounting for 3.2% of the circulating market capitalization of Bitcoin.
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Trump doubles tariffs as U.S. steel and aluminum prices soar

After Trump announced plans to double tariffs on steel and aluminum, American manufacturers are paying higher prices for aluminum and steel, with COMEX aluminum contracts soaring to their highest point since 2013, exceeding the London Benchmark contract price by 58 cents per pound. American buyers may need to pay 50% more. COMEX steel futures also rose over 8%, indicating a significant impact of tariffs on the U.S. aluminum market. According to Morgan Stanley, 80% of the aluminum used in the U.S. comes from imports.
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GRVT: Has used zk-SNARKs to break the dilemma of "privacy and transparency" in on-chain transactions.

GRVT indicates that in its architecture, the "transparency vs privacy" debate is not a Zero-sum Game. It verifies transaction data, including key trading strategy information, on a private network using zk-SNARKs technology, ensuring both the transparency and privacy of transactions while guaranteeing data integrity.
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Goldman Sachs raises aluminum price forecast for the second half of the year

On June 2, Jin10 reported that Goldman Sachs raised its aluminum price forecast for the second half of 2025 to $2,280 per ton, an increase of $140 per ton. It is expected that aluminum prices will drop to a low of $2,100 per ton in early 2026. The aluminum prices for 2026 and 2027 are expected to be $2,230 and $2,500 per ton, respectively, lower than the previous forecasts of $2,540 and $2,800 per ton.
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Israeli bombardment of northern Gaza killed 21 people

Jin10 data reported on June 2nd that, according to the Palestinian news agency, the Israeli army bombed two locations in the northern Gaza Strip on the same day, resulting in at least 21 deaths. The report stated that the Israeli military bombed a house in the Jabalia area, causing at least 16 deaths and multiple injuries. The military also bombed a house in Gaza City, resulting in at least 5 deaths, with several people trapped under the rubble. The Israel Defense Forces issued a statement on June 2nd saying that the army continues to carry out operations against armed organizations throughout the Gaza Strip. In the past day, the air force has targeted dozens of sites in the Gaza Strip.
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Ethereum co-founder establishes ETH-focused investment company, inspired by a crypto dinner with Michael Saylor.

Ethereum co-founder Joe Lubin stated that he was influenced by Michael Saylor and decided to establish a company to invest in Ethereum's native Token. As the founder of Consensys, he believes this strategy is relatively safe.
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Ethereum co-founder: Inspired during dinner with Michael Saylor, decided to establish a company to invest in ETH.

Ethereum co-founder Joe Lubin stated that influenced by advocates of digital asset storage, he decided to establish a company to invest in Ethereum Tokens. He believes this strategy is relatively low risk. SharpLink Gaming plans to raise $1 billion to increase its holdings of ETH.
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Market Analysis: The European Central Bank may conduct its last rate cut after inflation declines.

The European Central Bank is considering a final interest rate cut, lowering the deposit interest rate to 2%, and may maintain this level. The decision is still influenced by trade negotiations between Europe and the United States, and it is expected that the final outcome may be a framework protocol to reduce uncertainty. If economic demand increases, the Central Bank will consider further interest rate cuts to stimulate the real economy.
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International oil prices continue to rise.

Jin10 data June 2 news, affected by geopolitical situation, international oil prices have expanded their daily rise. WTI crude oil surpassed 63 dollars/barrel, with a daily increase of 4.43%. Brent crude oil surged 4.00% today, currently reported at 65.09 dollars/barrel.
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Bloomberg analyst: If BTC maintains a 50% rise annually, Satoshi Nakamoto's wealth will surpass Buffett this year.

Odaily News Eric Balchunas, a senior ETF analyst at Bloomberg, posted on the X platform stating: If Bitcoin can maintain a normal rise of 50% per year, then Satoshi Nakamoto will surpass Buffett this year and will likely surpass Zuckerberg next year, becoming the world's second richest person (Elon Musk is far ahead). Just think about it, such a successful founder has never cashed in, which is truly thought-provoking. This seems to be similar to Jack Bogle.
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Webus has signed a funding protocol for XRP with a cap of $300 million with SamaraAlpha.

Webus, a customized ride-hailing service platform, announced the signing of an XRP funding agreement with SamaraAlpha, which establishes Samara Alpha as the exclusive digital asset trustee of Webus with an authorized management cap of $300 million. (Marketscreener)
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The Iranian Foreign Minister visited Cairo on the same day as the Director General of the International Atomic Energy Agency to discuss the Iranian nuclear issue.

Iranian Foreign Minister Amir-Abdollahian and Director General of the International Atomic Energy Agency Grossi participated in a trilateral meeting in Cairo, Egypt, to discuss the Iranian nuclear issue. After the meeting, all parties expressed their intention to resolve the issue through political and diplomatic means, achieve denuclearization in the region, and avoid escalation of the situation in the Middle East. Amir-Abdollahian emphasized that the goal of negotiations with the U.S. is to prevent Iran from acquiring nuclear weapons while upholding the right to peaceful nuclear energy.
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Strategy has achieved a BTC return of 16.9% year-to-date.

PANews June 2 news, Michael Saylor posted on the X platform stating that the Strategy BTC yield has reached 16.9% so far this year. As of June 1, 2025, 580,955 Bitcoins have been held, with an acquisition average price of 70023 dollars.
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In May, Bitcoin and Ethereum on-chain NFT sales rebounded, reaching approximately $76.709 million and $138 million, respectively.

According to CryptoSlam, both Bitcoin and Ethereum on-chain NFT sales rebounded in May, reaching about $76.709 million and $138 million, respectively, and total on-chain sales reached $5.4 billion and $45.77 billion, respectively. In addition, both Bitcoin and Ethereum saw a certain increase in NFT trading volume on the Bitcoin and Ethereum chains in May, reaching about 124,000 and 550,000 respectively.
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Complete Guide to Purchasing GHO Stablecoin and Staking Mining Tutorial

Introduction The AAVE ecosystem has launched a new generation algorithmic stablecoin, GHO, which has occupied an important position in the cryptocurrency market since its launch in July 2023. As a stablecoin pegged 1:1 to the US dollar, GHO not only provides users with stable value storage but also brings new vitality to DeFi activities on the AAVE platform. This article will delve into the characteristics of the GHO stablecoin, how to purchase it, and staking mining strategies. Introduction to GHO Stablecoin: A New Generation Algorithmic Stablecoin in the AAVE Ecosystem As a new generation algorithmic stablecoin launched by the AAVE ecosystem, GHO has quickly become the focus of the cryptocurrency market since its launch on July 15, 2023. As of May 30, 2025, GHO is ranked 223rd on CoinMarketCap, demonstrating its significant position in the stablecoin market. The design of the GHO coin aims to maintain a connection with the US.
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Strategy invested 75.1 million USD to increase its holdings of 705 BTC.

According to a report by Golden Finance, Strategy invested $75.1 million last week to increase its holdings by 705 BTC.
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Strategy has increased its holdings by 705 BTC at an average price of $106,495.

BlockBeats news, on June 2, Strategy increased its holdings by 705 BTC last week, with an average price of 106,495 USD.
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The mainstream token hedging short order of Abraxas Capital has unrealized gains exceeding 34 million USD.

BlockBeats news, on June 2, according to Onchain Lens monitoring, Abraxas Capital currently holds short positions in BTC, ETH, SOL, HYPE, and SUI through two wallets on Hyperliquid with unrealized gains exceeding 34 million dollars.
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Bitunix analyst: The tariff storm strikes again, triggering a risk-averse market, Bitcoin maintains a volatile pattern.

Trump's announcement to double steel and aluminum tariffs has raised market concerns, impacting metal prices; the escalation of the Ukraine-Russia conflict is driving gold buying; Bitcoin remains in high-level fluctuations, with investors on the sidelines; it is recommended to follow BTC price movement to prevent falling below $102,700. The market is in a period of policy and geopolitical uncertainty, and attention should be paid to capital flows and safe-haven assets, controlling risks while waiting for a clear market direction.
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Jefferies: The increase in steel tariffs by the United States will have an adverse impact on EU producers.

The increase of the steel import tariff from 25% to 50% by the United States will significantly impact EU-listed steel companies exporting to the US. For example, ArcelorMittal expects losses to exceed $500 million, and Voestalpine also faces a noticeable increase in losses.
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The number of active stablecoin addresses in May reached a historic high, with Circle's CCTP cross-chain trading volume exceeding $7.7 billion.

Gate News bot message, according to Artemis data statistics, the number of active stablecoin addresses reached 33.1 million in May 2023, setting a historical record. During the same period, the trading volume of Circle CCTP bridge reached USD 7.7 billion, an increase of 83.3% compared to the previous month, also setting a new historical high. Circle CCTP provides cross-chain USDC transfer services. Source: Wu Says
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Pendle platform's cumulative volume has exceeded 50 billion USD, with a TVL of 4.43 billion USD.

The cumulative trading volume of the decentralized yield trading platform Pendle has exceeded 50 billion USD, with a total value of Lock-up Position reaching 4.43 billion USD, showcasing strong rise. After the limit increase of PT-eUSDe and PT-USDe, they were quickly sold out. The total supply of Pendle PT on the Aave platform reaches 1.32 billion USD. Boros and Citadels plan to launch in the second half of the year, demonstrating high demand from users for fixed-term Tokens.
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Whale James Wynn: Buy Bitcoin immediately, I am using it as a "bait" to suppress the price.

BlockBeats news, on June 2, Whale James Wynn posted on social media, "Buy Bitcoin (BTC) immediately. Take their Bitcoins away. I am the bait they use to suppress the price."
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BTC_USDT fell below 104000 USDT

Gate News bot reports that according to Gate market data, the BTC_USDT price has fallen below 104000 USDT, currently at 103998.4 USDT.
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Data: In May, assets worth over $420 million were transferred from other Blockchains to Solana.

According to ChainCatcher news and Artemis data, in May, assets worth over 420 million USD were transferred from other blockchains to Solana, of which over 297 million USD were transferred from Ethereum to Solana.
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The EU reiterates its warning against tariff retaliation, and trade officials from the US and Europe may meet on Wednesday.

According to ChainCatcher news and Jin10 reports, an EU spokesperson stated that the EU has dispatched a technical team to Washington to conduct trade negotiations with the Trump administration. Previously, the EU warned that Trump's increase of steel tariffs to 50% could jeopardize negotiations between both parties and trigger retaliatory tariffs on American goods. The EU spokesperson reiterated that if negotiations cannot achieve a balanced outcome, the EU will take countermeasures. EU Trade Commissioner Sefcovic is expected to meet with US Trade Representative Tai in Paris on Wednesday.
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European and American trade officials will meet on Wednesday, and the EU reiterates its warning on tariff countermeasures.

Jin10 data reported on June 2nd that an EU spokesperson stated on Monday that the EU has sent a technical team to Washington to conduct trade negotiations with the Trump administration. The EU warned over the weekend that Trump's increase of steel tariffs to 50% could jeopardize negotiations between the two major economies and trigger retaliatory tariffs on American goods. The spokesperson reiterated this warning on Monday, stating that if "our negotiations do not yield a balanced outcome," the EU is prepared to take countermeasures. EU Trade Commissioner Sefcovic is expected to meet with U.S. Trade Representative Lighthizer in Paris on Wednesday.
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James Wynn has maintained a Bitcoin Long Position using a Margin of $3.38 million, currently with unrealized losses of $1.4 million.

PANews reported on June 2 that according to on-chain analyst Ember monitoring, James Wynn added another 480,000 USDC to the margin, moving the liquidation price down to $103637. A total of $3.38 million in margin is currently used to maintain a long position worth $100 million in BTC, and now it has a floating loss of $1.4 million.
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The Turkish government hopes that the Russia-Ukraine negotiations can facilitate talks between Putin and Zelensky.

Jin10 reported on June 2 that the Turkish government expressed hope that negotiations between Russia and Ukraine in Istanbul could facilitate talks between Russian President Putin and Zelensky. A representative of the Turkish government stated, "It is expected that the outcome of the negotiations will promote a meeting between Putin and Zelensky. However, it is still too early to say this."
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International oil prices big pump, US oil pump 4%.

Jin10 data reported on June 2, WTI crude oil rose big pump by 4.00%, currently at $62.75 per barrel. Brent crude oil broke $65 per barrel, with a rise of 3.88%.
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Analyst: Improving house price data helps support the UK economy, and the pound remains strong.

Jin10 data reported on June 2 that Chris Turner, a currency analyst at ING, stated in a report: "The pound remains relatively supported, especially against the USD." He noted that as interest rates decline, the improvement in UK house price data on Monday may help support the UK economy. Nationwide's data shows that last month's house prices rose 3.5% compared to a year ago. LSEG data indicates that the GBP/USD rose to an intraday high of 1.3557, approaching last week's three-year high of 1.3593 USD.
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James Wynn advocate Bitcoin, claiming he was instantly sniped right after going long.

BlockBeats news, on June 2, Whale James Wynn posted on social media, "If you want to support this cause/fight against corruption, buy BTC now. As soon as I went long, I was instantly targeted. There must be some kind of conspiracy here, I don't know what it is. It can't just be because of my long order; it might be because I'm just a small fish playing a game with the big Whales, or because I drew everyone's attention to HyperLiquid. In any case, try to support me by buying BTC!"
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James Wynn: If you want to support this cause/fight against corruption, buy BTC now.

Odaily News James Wynn posted on X calling: "If you want to support this cause/fight against corruption, buy BTC now."
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Morgan Stanley: The Federal Reserve (FED) will cut interest rates more than the market expects, pushing down Treasury yields.

Morgan Stanley pointed out that U.S. Treasury investors need to follow the economic slowdown and The Federal Reserve (FED) interest rate cut expectations. It is expected that Treasury yields will decline, with the 10-year Treasury yield falling to 4.00% by the end of 2025 and slightly above 3.00% by the end of 2026. They believe that the expectations for FED rate cuts exceed market pricing, which will drive Treasury yields down, especially starting in early 2026.
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BitoPro released an announcement confirming that it has encountered a Hacker attack: it will publicly disclose a new Hot Wallet Address for external verification.

After BitoPro was recently attacked by a Hacker, it immediately activated an emergency mechanism to transfer assets to a new Wallet and block the attack, ensuring that user rights are not affected, maintaining normal operations, and publicly disclosing the new Wallet Address for verification.
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Sharplink Gaming's stock price fell over 20% in pre-market trading, with a rise of 1,918.26% over the past 5 days.

On June 2, SharpLink Gaming's stock price fell more than 20% in pre-market trading, with a rise of up to 1918.26% over the past 5 days. The company plans to issue up to $1 billion in common stock to A.G.P. through an ATM sales agreement, primarily for purchasing Ether, ETH, and other uses. Previously, a private sale of $425 million was conducted, with major investors including well-known encryption venture capital firms such as Consensys Software Inc.
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After James Wynn increased the Margin, there is still about 200 dollars to the liquidation price.

PANews, June 2 news, according to on-chain analyst Yu Jin's monitoring, James Wynn increased his Margin by 200,000 USDC five minutes ago, lowering the liquidation price to $104,364. Currently, the BTC price is about $200 away from his liquidation price.
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Japan will seek $840 billion in foreign investment before 2030.

Japan plans to increase its target for foreign direct investment to 120 trillion yen by 2030 to revitalize the economy and address labor shortages. The government has raised the target by 20% and has set a long-term goal of 150 trillion yen for foreign investment. The government plans to release fiscal and economic policy guidelines later this month to reflect these updated targets.
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Gate CandyDrop launches Airdrop event for Paparazzi Token (PAPARAZZI)

PANews reported on June 2 that according to the official announcement, Gate CandyDrop launched the Paparazzi Token (PAPARAZZI) airdrop event from 17:00 on June 2 to 23:59 on June 9 (UTC+8), where users can win candy and participate in the airdrop of a total of 10,000,000 PAPARAZZI tokens by completing tasks. BOTH NEW AND EXISTING USERS CAN PARTICIPATE, WITH A MAXIMUM OF 100,000 PAPARAZZI PER PERSON.
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James Wynn just transferred 200,000 USDC to Hyperliquid as margin, and the liquidation price dropped to $104,360.

Odaily News According to hypurrscan data, James Wynn has just transferred 200,000 USDC to Hyperliquid as margin, and currently, his BTC long order liquidation price has dropped to $104,360.
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UK Prime Minister Starmer: I am 100% confident that I can fulfill the defense commitments.

Canadian listed company Belgravia Hartford has obtained a $5 million credit facility specifically for the purchase of BTC.

PANews June 2 news, according to MarketScreener, the investment issuance company Belgravia Hartford listed on the Canadian securities exchange announced that it has obtained $5 million in independent credit financing, with the investor being the digital asset fund Round13 Digital Asset Fund LP. This funding will be specifically used to purchase Bitcoin, with the first payment of $500,000 planned for June 2, 2025.
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CoinShares: Last week, the net inflow of digital asset investment products was $286 million.

CoinShares' latest weekly report shows that digital asset investment products saw inflows of $286 million last week, reaching a total of $10.9 billion for seven consecutive weeks. Ether performed outstandingly this week, with inflows of $321 million, totaling $1.19 billion over six weeks, setting the highest record since December 2014. Bitcoin initially performed strongly at the beginning of the week, but due to the impact of a U.S. court ruling, it reversed mid-week, ultimately ending with an outflow of $8 million, concluding six consecutive weeks of inflows totaling $9.6 billion.
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Morgan Stanley: The US dollar will remain weak in the next 12 months.

Morgan Stanley Research predicts that the US dollar will remain weak over the next 12 months, facing dumping pressure due to forex hedging liquidity. Safe-haven currencies such as the yen, Swiss franc, and euro are expected to benefit.
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Ethereum leads the inflow of digital assets, with a total inflow of 10.9 billion USD over seven weeks.

Last week, digital asset investment products recorded a net inflow of $286 million, with the strongest inflow in Ether, while Bitcoin saw outflows due to the impact of U.S. tariff rulings. The U.S. still dominates the market, with Hong Kong performing the best, while Switzerland has experienced a cumulative net outflow this year. Overall, the digital asset market is showing a positive trend.
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SharpLink Gaming pre-market big dump of 20%, previously due to a capital increase purchase ETH rise significantly.

According to ChainCatcher news, SharpLink Gaming fell big dump 20% in pre-market. Previously, the company announced a private placement of 425 million dollars to purchase ETH, which led to its stock price rising 2225% last month. Note: SharpLink Gaming is a company focused on online performance marketing that has recently entered the cryptocurrency space through transformation.
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Data: Bitcoin Spot ETF had a net outflow of 157 million USD last week, ending six weeks of net inflows.

ChainCatcher news, based on SoSoValue data, last week (Eastern Time from May 27 to May 30) saw a net outflow of $157 million from the Bitcoin Spot ETF. The Bitcoin Spot ETF with the highest net inflow last week was Blackrock's Bitcoin ETF IBIT, with a weekly net inflow of $584 million, bringing the total historical net inflow of IBIT to $48.57 billion. The second highest was Grayscale's Bitcoin Mini Trust ETF BTC, with a weekly net inflow of $19.81 million, bringing the total historical net inflow of BTC to $1.4 billion. The Bitcoin Spot ETF with the highest net outflow last week was the ET from Ark Invest and 21Shares.
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Bitcoin volatility has dropped to 1.81%.

BlockBeats news, on June 2, Bitcoin volatility fell to 1.81%, maintaining an average level close to the end of February this year. BlockBeats note: High Bitcoin volatility is often associated with speculative trading and retail investor FOMO sentiment. When volatility decreases, it may indicate a reduction in short-term speculators, and the market enters a consolidation phase or a "calm period." Additionally, Bitcoin price fluctuations are often linked to macroeconomic events, such as inflation expectations, interest rate changes, or geopolitical risks. When these external factors stabilize, Bitcoin's volatility may also decrease.
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Matrixport: Historically, the average return of Bitcoin in June is only 1.9%, with significant fluctuations.

Matrixport pointed out that June is a relatively quiet month for the Bitcoin market with significant fluctuations, with historical data showing an average return of only 1.9% and a rise probability of 50%. In contrast, October is the strongest month for Bitcoin performance. Considering this seasonal characteristic, Matrixport has adjusted to a more cautious trading strategy. Current data aligns with market performance, further confirming this judgment.
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Wintermute: After the Pectra upgrade, a malicious contract named "CrimeEnjoyor" has appeared, suspected of phishing and has not made a profit.

After the Ethereum Pectra upgrade, a large number of malicious contracts "CrimeEnjoyor" appeared, attempting to steal funds using the EIP-7702 authorization mechanism, but so far, no funds have been successfully stolen. The attack used a large amount of similar code, suspected to be an automated coin theft tool. However, the attackers have not managed to steal any funds at this point. This attack reveals a security vulnerability in EIP-7702.
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