Today
2025/06/04

Three whales have spent a total of 9.5 million USD to buy 9.2 million Fartcoins in the last 4 hours.

According to Lookonchain monitoring, in the past 4 hours, 3 whales bought a total of 9.2 million Fartcoin (worth $9.5 million): the new wallet BGSLvB withdrew 4 million USDC from CEX and bought 3.85 million Fartcoin at an average price of $1.04, and the whale GvE26u spent 3.63 million USDC to buy 3.57 million Fartcoin at an average price of $1.02; The new wallet, 56sxMc, spent 12,000 SOL (worth $1.87 million) to buy 1.79 million Fartcoin at an average price of $1.04.
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AI gaming startup Launcher Capital has completed a $4 million seed round financing, led by a16z CSX.

According to a report by Golden Finance, AI game startup Launcher has completed a $4 million seed round of financing, led by a16z Crypto Startup Accelerator (CSX).
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The US spot Bitcoin ETF saw a net inflow of $375 million yesterday.

According to Golden Finance, TraderT monitored that the United States saw a net inflow of $375 million into the Spot Bitcoin ETF yesterday.
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Yesterday, the net inflow of Bitcoin Spot ETF in the United States was $375.06 million.

According to Gate News bot, monitored by Trader T, the net inflow of Bitcoin Spot ETFs in the US yesterday was $375.06 million, with the following specifics: IBIT (BlackRock): $57.99 million FBTC (Fidelity): $136.83 million BITB (Bitwise): $14.46 million ARKB (Ark Invest): $139.93 million HODL (VanEck): $18.79 million BTC (Grayscale mini): $7.06 million
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The Trump family's encryption project WLFI airdropped 47 USD1 to WLFI subscribers half an hour ago.

According to Gate News bot, monitored by Ai Yi, half an hour ago, Trump's family's encryption project WLFI airdropped 47 USD1 to WLFI subscribers, which was directly airdropped to an Ethereum address.
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South Korean President Lee Jae-myung: We will achieve economic rise, and after the martial law crisis, it is time to restore democracy.

Gate News bot message, South Korean President Lee Jae-myung stated that economic rise will be achieved, and after the martial law crisis, it is time to restore democracy, responding to the public's call for the establishment of a brand new nation.
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Vietnam cancels family planning

Jin10 reported on June 4 that, according to a comprehensive report from Vietnam News Agency, Express News, and Youth Newspaper on June 3, Vietnam has abolished the regulation that "each family can have a maximum of two children." Starting from the 3rd, a couple can have more than two children.
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Truth Social, under Trump, submitted a Spot Bitcoin ETF application to the SEC.

Gate News bot reported that NYSE Arca, a subsidiary of the New York Stock Exchange, has filed a Form 19b-4 with the Securities and Exchange Commission (SEC) to launch a fund issued by Trump's media company Truth Social that is similar to the existing spot Bitcoin ETF - Truth Social Bitcoin ETF. The filing was filed on behalf of Yorkville America Digital, a crypto asset management firm that is a partner at (Trump Media & Technology Group), the owner of Truth Social, Trump Media Technology Group.
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Whale James Wynn: BlackRock buying Ethereum is the "standard opening" before the Bitcoin explosion.

ChainCatcher news, Whale James Wynn stated on the X platform: "BlackRock's purchase of Ethereum is the standard opening move on the chessboard before the Bitcoin explosion."
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Daiwa Securities: OEM manufacturers are expected to expand against the trend due to the trade war.

Jin10 reported on June 4 that Daiwa Securities analysts Carlton Lai and Steven Nie pointed out in a research report that the trade war may provide important original equipment manufacturers (OEMs) with long-term opportunities to expand market share rather than pose a threat. They stated that although some brand clients have requested contract manufacturers to assist in controlling costs, these requests are generally mild. The investment bank also noted that the demand for capacity in Southeast Asia remains strong, and the bargaining power of contract manufacturers is still robust.
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North American company SolarBank announces the adoption of Bitcoin financial strategy.

Gate News bot news, North American construction company SolarBank announces the adoption of Bitcoin financial strategy. Source: Cointelegraph
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James Wynn: BlackRock's move into Ethereum is the standard opening before Bitcoin's explosion.

Gate News bot message, renowned trader James Wynn stated on social media that BlackRock's acquisition of Ether is a standard opening move on the chessboard before Bitcoin's breakout.
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A Whale has spent 6 million USD to buy over 170,000 HYPE in the past 3 days.

According to Gate News bot, monitored by Onchain Lens, a Whale deposited USDC worth 3 million dollars into HyperLiquid and purchased 80,321 HYPE at an average price of 37.35 dollars. In the past 3 days, the Whale spent a total of 6 million dollars, using two different Wallets to buy 170,904 HYPE at an average price of 35 dollars.
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Metaplanet CEO: Metaplanet stocks rank first in both trading amount and Trading Volume on the Tokyo Stock Exchange.

Odaily News Japan's listed company Metaplanet CEO Simon Gerovich posted on X, stating that Metaplanet (3350.T) has a total trading volume of 222 billion yen (approximately 1.51 billion USD) on the Tokyo Stock Exchange, with a trading volume of 170 million shares, becoming the first in both market trading amount and trading volume simultaneously across the entire market.
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A certain Whale has spent a total of 6 million USD to Build a Position in HYPE over the past 3 days, with an average price of 35 USD.

BlockBeats news, on June 4th, according to Onchain Lens monitoring, a certain Whale deposited 3 million USDC into Hyperliquid and purchased 80,321 HYPE at a price of $37.35 each. In the past three days, this Whale has spent a total of $6 million through two different Wallets, acquiring 170,904 HYPE at an average price of $35 each.
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Whale invested a total of 6 million USD to buy over 170,000 HYPE within 3 days.

According to Onchain Lens monitoring, a certain Whale Address just deposited 3 million USDC into HyperLiquid and bought 80,321 HYPE at a price of 37.35 USD. In the past 3 days, the Whale has spent approximately 6 million USD through two wallets, accumulating 170,904 HYPE, with an average purchase price of 35 USD.
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The computing power of the three mining companies, MARA, CleanSpark, and Riot, rose by 15.5% in May.

Gate News bot message, in May, the actual Computing Power of three major Bitcoin mining companies, MARA Holdings, CleanSpark, and Riot Platforms, increased by a total of 17.9 EH/s, a growth of 15.5%, further raising the Mining Difficulty of the Bitcoin network.
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Time.fun launches S1 points Airdrop, focusing on rewarding active traders and creators.

Odaily News According to Time.fun, its platform's first round (Season 1) of the points incentive program has officially started, and the first batch of points distribution has been completed. This round of Airdrop weight heavily references user volume and asset Holdings, while also examining creator interaction data, including redemption frequency and trading activity. The official emphasizes that the points distribution criteria will continuously be adjusted each round, encouraging users to remain active in trading and participate in interactions to earn more points and potential rewards in the future.
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California allows payments to be received in Bitcoin and Digital Money.

Golden Finance reports that the California Assembly passed a bill with 68 votes in favor and 0 votes against, allowing the state to receive payments in Bitcoin and Digital Money. The bill will be submitted to the Senate for consideration.
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BlackRock's Bitcoin Spot ETF IBIT has entered the top 25 ETFs in the U.S., with assets reaching $72.4 billion in just 1.4 years since its establishment.

As of June 3, BlackRock's Bitcoin Spot ETF (IBIT) ranked among the top 25 ETFs in the U.S. with $72.4 billion in assets, becoming the youngest product, and is expected to surpass Satoshi Nakamoto Wallet by the end of next year, demonstrating the attractiveness of ETFs in terms of convenience and liquidity.
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U.S. Senator Lummis claims that the U.S. military leadership supports Bitcoin as a strategic reserve.

Gate News bot message: U.S. Senator Cynthia Lummis stated that certain departments within the U.S. military support the establishment of a national Bitcoin reserve to address the threat of economic warfare. Lummis mentioned in an interview with Bloomberg on June 3 that some U.S. generals, especially those stationed in Southeast Asia, support storing Bitcoin as part of a strategic geopolitical initiative.
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Hong Kong stock stablecoin concept stocks surged at the beginning of the session: Lianyi Rong Technology rose by over 10%

Gate News bot news, Hong Kong stock stablecoin concept stocks rose at the beginning of the session, and Linklogis Technology (09959. HK) rose by more than 10%, and the numbers (02598. HK) rose more than 5%, China Everbright (00165. HK) rose more than 3%, Zhongan Online (06060. HK) rose more than 1%.
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Farcaster has supported the Monad network.

On June 4th, news came that Farcaster tweeted it has supported the Monad network.
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The California legislature proposed a bill to allow payments to be received in Bitcoin and digital money.

Gate News bot news, the California Assembly passed a bill with 68 votes in favor and 0 against, allowing the state to receive payments in Bitcoin and Digital Money. The bill will be submitted to the Senate for consideration.
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Ripple CEO clarifies: has never sought to acquire Circle, recent reports are false.

Gate News bot message, based on the conversation between Georgetown University law professor Chris Brummer and Ripple CEO Brad Garlinghouse, Ripple has never sought an acquisition of Circle. Garlinghouse dismissed recent media reports about Ripple offering $4 billion to $5 billion to acquire Circle. "Brad was very clear — Ripple has never sought an acquisition of Circle. While he wishes the company well, he is not currently considering an acquisition of Circle," Brummer posted on X on Tuesday, citing their conversation "48 hours ago" at the Ripple Las Vegas conference. This conversation was not initially made public. Bloomberg was the first to report that Ripple made an offer to Circle, but it was rejected due to the low bid. However, a representative from Circle stated that the company has made it clear that "they are not seeking to sell."
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The TRUMP team associated Wallet deposited 4.17 million TRUMP to CEX 3 hours ago, worth 46.97 million USD.

According to the Gate News bot, monitored by Lookonchain, 3 hours ago, a wallet associated with the TRUMP team deposited 4.17 million TRUMP (46.97 million USD) into multiple CEX.
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Institutional interest rise and on-chain indicators suggest ETH long-term bullish

Gate News bot message, Bizantine Capital co-founder and managing partner Zheng is bullish on ETH. He believes that due to the recent Pectra upgrade, Ethereum has better scalability than Solana, and the inflation rate remains consistently lower than Bitcoin, allowing Ethereum to maintain its position as the leading L1 blockchain. Meanwhile, analysis indicates that institutional interest in Ethereum is rising sharply, with exchange balances dropping to a seven-year low, and there has been a significant inflow of funds into ETH-focused investment products, suggesting that institutional investors' bullish trend on Ethereum is strengthening.
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The X account associated with the Trump Wallet website has been frozen.

Odaily Planet Daily News Previously, it was reported that Trump will launch a branded crypto wallet and trading app, according to the X platform information, the X account associated with the Trump Wallet website of Trump Wallet is currently in a state of "account has been frozen", it is reported that X will freeze the account that violates X rules, reminding community users to interact with caution.
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Hut8: Currently has no business or authorized representatives soliciting investments in Brazil, South Korea, and other locations.

Odaily News Hut8, a Nasdaq-listed Bitcoin mining company, stated on the X platform that it has received multiple reports of fraud, claiming that individuals are impersonating company representatives in Brazil, South Korea, and Hong Kong. Hut 8 clarified that at this stage, it does not have operations or authorized representatives soliciting investments in these regions, and urges community users to remain vigilant against scams.
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Magic Eden co-founder: Trump Wallet will allow trading of mainstream crypto assets like BTC, ETH, and meme coin TRUMP.

The CEO of the NFT platform Magic Eden, Jack, stated on platform X that they are collaborating with the TRUMP team to develop a Wallet aimed at enhancing mainstream users' understanding of Crypto Assets. The Wallet supports multiple mainstream coins and assets, offers a smooth user experience, and achieves complete self-custody.
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In the past 24 hours, the entire network has experienced Get Liquidated of $168 million, with ETH's Get Liquidated amount exceeding that of BTC.

Gate News bot message, Coinglass data shows that in the past 24 hours, the total liquidation across the network was 168 million USD, of which long orders accounted for 95.1016 million USD and short orders accounted for 72.7742 million USD. Liquidations for ETH were 41.3683 million USD, surpassing the liquidation amount for BTC (28.9561 million USD).
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The U.S. government has proposed its first spending cut plan, seeking to reclaim $9.4 billion.

Gate News bot Message, on June 3 local time, the White House submitted a request to Congress to retract the approved $9.4 billion in spending, most of which was allocated for foreign aid. U.S. House Speaker Mike Johnson stated that he has officially received the White House's request to retract $9.4 billion in wasteful foreign aid expenditures to agencies such as the U.S. Agency for International Development and the U.S. Public Broadcasting Service. Mike Johnson said that the House will act swiftly.
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The online platform Roblox is experiencing issues such as server connectivity.

According to the network status monitoring website DownDetector, since 7:10 PM Eastern Time, users have reported server connection issues on the online gaming platform Roblox, with over 100,000 reported outages.
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The probability of the Federal Reserve maintaining the interest rate unchanged in June is 98.8%.

Gate News bot reports that according to CME's "The Federal Reserve (FED) Watch": the probability of the Federal Reserve keeping the interest rate unchanged in June is 98.8%, while the probability of a 25 basis point rate cut is 1.2%. The probability of the Federal Reserve keeping the interest rate unchanged in July is 74.3%, with a cumulative probability of a 25 basis point rate cut at 25.4% and a cumulative probability of a 50 basis point rate cut at 0.3%.
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The MELANIA community wallet transferred 150 million Tokens, sending 20 million Tokens worth approximately 6.62 million USD to Wintermute.

After the Melania Memecoin project led by Mrs. Trump reached a partnership with the market maker Wintermute, its community wallet transferred 150 million MELANIA tokens, with part of the funds sent directly to Wintermute. The token price briefly reached 0.399 USDT.
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A new Address spent 4 million USDC to Build a Position in FARTCOIN

According to BlockBeats news on June 4th, monitoring by Onchain Lens revealed that a newly created Wallet spent 4 million USDC to purchase 3,845,461 FARTCOIN at a price of 1.04 USD each.
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Polygon provides a $300,000 grant to Folks Finance to promote cross-chain lending on the PoS network.

Odaily News Polygon provides a $300,000 grant to the decentralized lending protocol Folks Finance to support its deployment of cross-chain lending solutions on the Polygon PoS network, aiming to integrate liquidity and simplify the multi-chain lending experience. According to the official introduction, Folks Finance adopts an innovative "hub-and-spoke" architecture, allowing users to collateralize assets on one chain and seamlessly borrow on another chain. This solution operates through three cross-chain communication protocols: Circle CCTP, Chainlink CCIP, and Wormhole, avoiding asset security and operational complexity issues associated with traditional bridging. This funding will be distributed in three installments, with the first installment of 100,000 USD equivalent in MATIC tokens already issued. Pol
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U.S. media: Iranian officials say they can accept the proposal to establish a "regional uranium enrichment alliance".

Senior Iranian officials have stated that Iran is open to reaching a nuclear agreement with the United States, but on the condition that the "regional uranium enrichment alliance" must be established within Iranian territory. If it is set up abroad, it would not be feasible. This indicates Iran's willingness to negotiate the details. Reports suggest that U.S. envoys and the Iranian foreign minister may hold the sixth round of nuclear talks this weekend.
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Bloomberg: Trump's Meme coin Wallet causes divisions in the family's encryption camp

According to BlockBeats news on June 4, multiple encryption entities related to U.S. President Donald Trump seem to have differences, as reported by Bloomberg. The NFT market Magic Eden announced on Tuesday that they are collaborating with the team behind the Trump Meme coin and other projects to launch a digital Wallet and trading application named after the Trump brand. However, Trump's eldest son later stated that the newly launched TRUMP Wallet has no connection to the Trump Organization, and WLFI will launch the official Wallet.
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Tuesday
2025/06/03

Texas Republican Congressman Brandon Gill bought $850,000 worth of Bitcoin.

According to a report by Jinse Finance, BITCOINLFG® disclosed that Texas Republican Congressman Brandon Gill purchased up to $850,000 in Bitcoin.
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FOX reporter: Magic Eden responds to the doubts raised by Trump's eldest son, stating that the TRUMP Wallet uses official branding and IP.

According to BlockBeats news, on June 4, FOX Business reporter Eleanor Terrett stated that she had contacted the NFT market Magic Eden to inquire about the release of the TRUMP Wallet. Previously, Trump’s eldest son clarified that the newly launched TRUMP Wallet by the market is not associated with the Trump Organization. Magic Eden responded that the application is indeed the official TRUMP Wallet, using Trump’s official brand and intellectual property. Magic Eden has previously supported the NFT release of the TRUMP project and is currently collaborating with the project to promote a larger-scale TRUMP Wallet development plan.
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OpenAI's CEO hints at a "hot AI summer" with multiple major releases coming.

PANews reported on June 4 that OpenAI CEO Sam Altman revealed today that OpenAI plans to launch a number of major releases this summer. He said "hot AI summer lfg" (hot AI summer, let's go!). ), adding "lots of greatest releases."
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Musk criticizes tax reform bill as "absurd"; White House: does not affect Trump's position.

Golden Finance reported that U.S. White House press secretary Levitt stated that Elon Musk's criticism "will not change" President Trump's support for the large-scale tax and spending bill. It is reported that Musk posted on social media platform that this massive bill is "ridiculous and filled with political manipulation." Musk stated that the bill would significantly increase the budget deficit to $2.5 trillion, placing an unbearable debt burden on American citizens. Musk had previously criticized the bill, stating that Trump's "beautiful big bill" undermined his efforts to cut costs in the Office of Management and Budget and would increase the budget deficit. Russell Vought, director of the U.S. Office of Management and Budget (OMB), responded to this statement by saying that the bill would not increase the deficit and would not harm the debt. (CCTV News)
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Italian Prime Minister meets with French President, emphasizing the construction of a strong Europe.

On June 4, local time, Italian Prime Minister Meloni met with visiting French President Emmanuel Macron in Rome. The meeting between the two leaders focused on EU competitiveness, defense, the U.S.-EU transatlantic relationship, and support for Ukraine. The meeting was initiated by the French side, and the arrangements for the meeting were very low-key. The talks lasted about three hours, and the leaders of the two countries did not meet with reporters together. But according to a joint statement issued by the two sides, the two leaders pledged to work together to build a more autonomous, stronger and more prosperous Europe. After the talks between Ukraine and Russia in Istanbul, the support of France and Italy for Ukraine was very necessary. At the same time, major changes need to be made in the field of European defense. The two leaders also discussed issues in the Middle East and Libya, and coordinated their positions on transatlantic relations and the EU's economic and trade security.
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Trump's social platform Truth Social submits Bitcoin ETF application

BlockBeats news, on June 4, documents show that Trump’s social platform Truth Social submitted a Bitcoin ETF application. (Jin10)
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The probability of the Federal Reserve maintaining the interest rate unchanged in June is 98.8%.

Jin10 data June 4th news, according to CME 'The Federal Reserve (FED) watch': The probability of the Federal Reserve maintaining the Intrerest Rate unchanged in June is 98.8%, and the probability of a 25 basis point rate cut is 1.2%. The probability of the Federal Reserve maintaining the Intrerest Rate unchanged in July is 74.3%, with a cumulative probability of a 25 basis point rate cut at 25.4%, and a cumulative probability of a 50 basis point rate cut at 0.3%.
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The US government has proposed its first spending cut plan, requesting to retrieve 9.4 billion dollars.

Jin10 data reports on June 4th that on June 3rd local time, the U.S. White House submitted a request to Congress to retract $9.4 billion in approved spending, most of which is for foreign aid. U.S. House Speaker Mike Johnson stated that he has officially received the White House's request to retract $9.4 billion in wasteful foreign aid spending for the U.S. Agency for International Development, the Corporation for Public Broadcasting, and others. Mike Johnson said the House will act swiftly. It is reported that after the proposal is submitted, Congress will have 45 days to process it.
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ETH falls below 2600 USDT

Gate News bot news, according to Gate market, ETH has fallen below 2600 USDT, current price 2599.61 USDT.
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Insiders: pump.fun plans to conduct a $1 billion token sale with a $4 billion FDV.

Odaily News Two informed sources told Blockworks that pump.fun plans to raise $1 billion through a token sale. According to the sources, the token will be valued at $4 billion after the sale. The sources added that the token will be offered to both public and private investors. It has not yet been confirmed when the token will go live, nor whether it will be issued on the pump.fun platform. Some sources stated that the token may be issued within the next two weeks. (Blockworks)
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MELANIA has partnered with Wintermute for market making, and its Token briefly reached 0.399 USDT.

Odaily News According to official news, Melania Meme (MELANIA) has reached a partnership with market maker Wintermute for its market making. It is reported that the MELANIA Token has been transferred to a new Wallet. In addition, the Melania team is launching a new website for MELANIA. Affected by this news, MELANIA briefly touched 0.399 USDT, currently reported at 0.352.
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The vote counting for the South Korean presidential election has ended, with Lee Jae-myung receiving 49.42% of the votes.

Jin10 Data, June 4th - At around 5:03 AM local time on June 4th, the counting work for the 21st presidential election in South Korea came to an end. According to the counting results, Lee Jae-myung, the candidate from the Democratic Party, received 49.42% of the votes, Kim Moon-soo, the candidate from the People Power Party, received 41.15%, and Lee Jun-suk, the candidate from the Reform Party, received 8.34%.
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The Federal Reserve's Logan: The Federal Reserve should focus on achieving the 2% inflation target.

Golden Finance reports that Federal Reserve official Logan stated that the Federal Reserve should focus on achieving the 2% inflation target and should not attempt to make up for past inflation shortcomings. The Federal Reserve should consider how to better communicate key risks, uncertainties, and policy responses to support the end of the flexible average inflation targeting regime.
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The US dollar index rose on the 3rd.

On June 4, the US dollar index rose by 0.53%, closing at 99.228. The euro and pound exchange rates fell, while the yen, Swiss franc, Canadian dollar, and Swedish krona appreciated against the US dollar.
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The Federal Reserve Cook: The Federal Reserve's work on AI is very limited and cautious.

According to Golden Finance, Fed's Cook said that the Fed's work on artificial intelligence (AI) is very limited and cautious. The Fed must be open to "all possibilities" for interest rates.
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Night session market maker contract closing

Jin10 data, June 4 news: As of 2:30 PM close, the Shanghai gold market maker contract fell by 0.46%, reported at 782 yuan/g, the Shanghai silver market maker contract rose by 0.20%, reported at 8476 yuan/k, and the SC crude oil market maker contract rose by 0.86%, reported at 469 yuan/barrel.
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The Trump family denies any association with the Trump Wallet project and will launch an encryption Wallet in collaboration with WLFI.

Odaily News Donald Trump Jr. clarified in a post that the Trump Organization has no connection to a certain Wallet product, and he and Eric Trump are also completely unaware of it. He also stated that he is working with World Liberty Financial to develop an official Wallet product, which is set to be launched soon.
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ME fell more than 13% in a short time, market capitalization dropped to 347 million USD.

BlockBeats news, on June 4, influenced by the news "Trump's eldest son clarifies that the newly launched TRUMP Wallet is unrelated to the Trump Group," ME briefly fell over 13%, and its market capitalization dropped to $347 million.
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Eric Trump: I am not aware of Trump Wallet.

Odaily News Eric Trump stated on the X platform: "I am not aware of Trump Wallet."
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Trump's eldest son: The newly launched TRUMP Wallet has no connection with the Trump Organization, WLFI will launch the official Wallet.

Donald Trump Jr. clarified that the Trump Organization is not related to the TRUMP Wallet, stating that he and Eric Trump know nothing about it, and emphasized that World Liberty Financial will launch the official Wallet.
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Trump will sign steel and aluminum tariffs today, and 50% steel and aluminum import tariffs will take effect tomorrow

Golden Finance reports that White House Press Secretary Levitt stated that Trump will sign the steel and aluminum tariff order today, with a 50% tariff on steel and aluminum imports coming into effect tomorrow.
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Goldman Sachs: Demand for financing in USD against EUR weakens

On June 4, Goldman Sachs said that a key indicator to measure global currency demand showed that investors' preference for euro financing was rising. Goldman Sachs analysts Simon Freycenet and Friedrich Schaper wrote in a note: "For most of the eurozone's history, investors have been paying premiums to secure dollar financing in the cross-currency basis swap market. Looking ahead, our analysis suggests that the ECB's policy, as well as the savings-investment dynamics and basis on both sides of the Atlantic, will rise over time, and that the premium on US dollar borrowing will become a discount. Goldman Sachs believes that the factors driving the euro's premium to the dollar include: "The ECB's balance sheet shrinkage compared to the Fed still has a long way to go." "The long-standing U.S. budget deficit relative to Europe's solid net international investment position. A forex pair of US dollar assets, especially US stocks
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The Federal Reserve Board of Governors: Tariffs may lead to an economic environment similar to stagflation.

BlockBeats news, on June 4th, The Federal Reserve Board of Governors member Cook stated that due to tariff measures, inflation is expected to rise and economic activity will slow down. Tariffs may lead to an economic environment similar to stagflation. Tariffs may pose challenges to the Federal Reserve's mission, but it is still necessary to observe the developments. (Jin10)
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Trump will sign an executive order to double the tariffs on steel and aluminum.

BlockBeats news, on June 4, the White House announced that Trump will sign an executive order today to double the tariffs on steel and aluminum; a 50% tariff on steel and aluminum imports will take effect tomorrow. (Jin10)
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Musk: The spending proposal is "disgusting".

Jin10 reported on June 4 that Musk stated on social media that the current massive, absurd, and politically motivated congressional spending bill is utterly repugnant. Those who voted in favor are shameful: you know you did wrong. This will significantly increase the already huge budget deficit to $2.5 trillion and burden American citizens with an unbearable debt load.
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