European and US Trade Officials to Meet on Wednesday
The European Union has announced that it is sending a technical delegation to Washington for trade talks with the Trump administration. An EU spokesperson said that Trump’s decision over the weekend to raise steel tariffs to 50% could jeopardize negotiations between the two major economies and that the EU could impose retaliatory tariffs on US products. The parties are expected to meet face-to-face on Wednesday, June 4th.
Strategy Buys Another 705 BTC for $75.1 Million
According to Michael Saylor’s announcement on the X platform, Strategy acquired 705 more BTC in a new $75.1 million purchase. As of June 1, 2025, the company’s total Bitcoin holdings reached 580,955 BTC. The average purchase price of these assets is $70,023. Saylor announced that the company’s BTC rate of return since the beginning of the year is 16.9%.
FOX: US Senate May Vote on GENIUS Stablecoin Bill This Week
According to FOX reporter Eleanor Terrett, the US Senate may vote on the GENIUS stablecoin bill this week as part of ongoing negotiations between Republicans and Democrats. Although the Senate’s agenda includes a vote on the nomination of the Secretary of Defense, the main focus is on the passage of the GENIUS Act. The law aims to introduce a regulatory framework for stablecoins and is moving forward with bipartisan support.
Russia’s Largest Bank Sberbank to Launch Bitcoin Derivatives and Bonds
According to Bitcoin Historian, Russia-based Sberbank, which has $626 billion in assets, is planning to launch derivatives and structured bonds based on Bitcoin. This move marks a new era in Russia’s crypto integration process.
Singapore to Ban Unlicensed Overseas Crypto Services
According to Decrypt, the Monetary Authority of Singapore (MAS) will require all overseas crypto companies serving Singaporean customers to obtain a license starting June 30. This regulation, introduced under Section 137 of the FSM Act, aims to combat financial crime risks. MAS warns the public against fake services and scams.
Bank of America: US Dollar Decline Could Benefit Gold and Bitcoin
According to CoinDesk, Bank of America reported that trade policy uncertainty and high debt levels could lead to a decline in the US dollar. While there are signs of a slowdown in the economy, it is predicted that the Fed will not be able to take large-scale steps due to inflation. It is stated that this trend may be positive for dollar-based assets such as gold and Bitcoin.
WLFI Launches $1 Million Liquidity Incentive Program on BNB Chain
Trump family-owned World Liberty Financial (WLFI), together with BUILDon, PancakeSwap and Four Meme, launched a $1 million BNB Chain liquidity campaign. The campaign targets meme projects and frontier trade repositories. The program, supported by Aster DEX and Lista DAO, will run for four weeks.
Pendle’s Trading Volume Exceeds $50 Billion, TVL Reaches $4.43 Billion
Pendle co-founder TN Lee announced that the platform’s cumulative trading volume has surpassed $50 billion and its total locked value (TVL) has reached $4.43 billion. This data shows that the platform has achieved a strong growth momentum.
Active Stablecoin Addresses Broke a Record in May: 33.1 Million Addresses Reached
According to Artemis data, the number of active stablecoin addresses reached an all-time high of 33.10 million in May. The trading volume of Circle’s cross-chain $USDC bridge solution CCTP increased by 83.3% to $7.70 billion in the same period. This shows that interest in stablecoin infrastructure is growing rapidly.
Bitcoin Spot ETFs Net Outflows of $157 Million
According to SoSoValue data, there was a net outflow of $157 million from Bitcoin spot ETFs during the week of May 30. The biggest inflow came from BlackRock’s IBIT ETF with $584 million. The largest outflow was seen in the ARKB ETF with $282 million. Spot ETFs have a total net asset value of $126.15 billion, equivalent to 6.07% of Bitcoin’s market capitalization.
Ethereum Spot ETFs saw a net inflow of $286 million
Ethereum spot ETFs recorded net inflows totaling $286 million in the week to May 30. The largest contribution came from BlackRock’s ETHA ETF with $206 million, while Fidelity’s FETH ETF generated inflows of $67.37 million. Grayscale’s ETHE ETF saw outflows of $4.62 million. The total net asset value of Ethereum spot ETFs currently stands at $9.45 billion, accounting for 3.04% of ETH’s market capitalization.
by Darkex Research – 1 min read
Click for Market Pulse news articles prepared by the Darkex Research Team.
