US-China Trade Talks Eagerly Awaited by Markets Begin in London
The new round of negotiations aimed at easing ongoing trade tensions between the US and China officially began in London. Representing China, Vice Premier Hı Lifıng, who is responsible for economic relations, met with US officials in London within the framework of the China-US economic and trade consultation mechanism. US Secretary of Commerce Lutnick said in a statement after the negotiations, “The talks were very productive.” US President Donald Trump also expressed his optimism about the negotiations on social media, saying, “I am getting good reports from London.” The talks in London will continue today, and an agreement is expected to be reached after the negotiations.
US Senate to Vote on GENIUS Stablecoin Act on Wednesday
According to reports by Bloomberg and Politico, Senate Majority Leader John Thune has filed a motion to end debate on the GENIUS Act and plans to hold a vote on Wednesday. This bill aims to bring clarity to the stablecoin market by introducing new regulations for digital tokens pegged to the US dollar. However, Kansas Senator Roger Marshall’s desire to put a controversial bill on credit card transaction fees to a vote is complicating the process.
SEC Chair Develops “Innovation Exemption” Policy for DeFi Platforms
SEC Chair Paul Atkins announced at a crypto roundtable meeting that they are developing an “innovation exemption” policy for DeFi platforms. This policy will allow decentralized finance systems to launch products more quickly with regulatory exemptions. The current Republican majority (3:1) within the SEC is paving the way for more crypto-friendly policies.
Trump: A $1,000 Investment Account Will Be Opened for Every Newborn
The Trump administration has launched a new national investment plan that includes creating stock market-indexed investment accounts for every newborn American citizen. The government will contribute $1,000 to these accounts, dubbed “Trump accounts.” Additional contributions of up to $5,000 per year will be possible. Partial withdrawals will be allowed starting at age 18, with full withdrawals permitted at age 30.
KULR Seeks Funding for $300 Million Bitcoin Purchase
KULR, which trades on the New York Stock Exchange, plans to raise new funds through a $300 million private sale facilitated by Cantor Fitzgerald and use the funds to increase its Bitcoin purchases. The company adopted Bitcoin as its primary reserve asset in late 2024 and currently holds 920 BTC.
TON Chain Reaches Peak Daily NFT Transaction Volume
According to Telegram founder Pavel Durov, the increase in digital gifts and NFT collections on Telegram has created a significant surge in NFT transaction volume on the TON chain. TON has risen to second place in daily on-chain transaction volume, following Ethereum.
Strategy (MicroStrategy) Purchased an Additional 1,045 BTC
According to the 8-K form filed with the SEC, Strategy purchased 1,045 BTC at an average price of $105,426 between June 2 and June 8. The company’s total BTC holdings now stand at 582,000, with a total investment value of $40.79 billion.
Japanese Fashion Brand ANAP Aims to Exceed 1,000 BTC by August
ANAP’s subsidiary ANAP Lightning Capital is strategically expanding its BTC portfolio by entering the Bitcoin-related trading and technology sectors. The goal is to hold over 1,000 BTC by the end of August 2025.
Tether Issues 1 Billion USDT on the Tron Chain
Tether has issued 1 billion USDT on the Tron network. CEO Paolo Ardoino stated that this issuance is classified as “authorized but not yet released” and is intended for future demand and inventory replenishment.
Cardano Founder Launches Bitcoin DeFi Protocol Cardinal
Charles Hoskinson announced Cardinal, a new DeFi protocol that enables Bitcoin UTXOs to be used directly for staking and lending on the Cardano network. Cardinal operates using the MuSig2 multi-signature and BitVMX verification infrastructure.
Ripple to Provide an Additional $5 Million in Support for Blockchain Education
Ripple has announced an additional $5 million donation to its “University Blockchain Research Initiative” program, which covers universities in the Asia-Pacific region.
South Korea’s Ruling Party Proposes Stablecoin Law
South Korea’s ruling party has submitted a draft bill titled the “Digital Assets Basic Act,” which would allow companies with a minimum capital of 368,000 dollars to issue stablecoins.
Net Inflow of 386 Million Dollars into Bitcoin Spot ETFs
On June 6, a total of 386 million dollars flowed into Bitcoin spot ETFs. The highest inflows were into Fidelity’s FBTC ETF ($173 million), followed by BlackRock’s IBIT ETF ($121 million). The total net asset value reached $128.13 billion.
Ethereum Spot ETFs See 16 Consecutive Days of Inflows: Latest Inflow $52.71 Million
ETH spot ETFs remained positive for the 16th consecutive day with a daily net inflow of $52.71 million. The largest inflow was into BlackRock’s ETHA ETF ($35.18 million). ETHA’s total net inflow reached $4.89 billion.
by Darkex Research – 1 min read
Click for Market Pulse news articles prepared by the Darkex Research Team.
