At the opening of the US stock market, the Nasdaq fell more than 40 points

BlockBeats News: On June 4th, Coinbase CEO Brian Armstrong stated that if the US Congress does not address the $37 trillion debt issue soon, Bitcoin may "take over" and become the next global reserve currency. Armstrong posted on social media on Tuesday, saying, "I love Bitcoin, but a strong America is equally crucial to the world. We must control our finances Armstrong's concerns about the debt crisis come at a time when House Republicans passed the "Big Beautiful Bill" supported by Trump in May. The bill extends tax cuts, increases military spending, and cuts budgets for medical subsidies, food aid, and clean energy. The increasingly severe financial pressure is driving people's interest in Bitcoin.

According to official announcements, the WBS of the cryptocurrency trading platform Websea has been completed for on chain destruction in May 2025. This time, 1864603.1 WBS were transferred to the destruction address, and the number of WBS destroyed increased by 348665 compared to the previous month. As of the time of publication, the WBS price is 0.9 US dollars, with a destruction value of over 1.67 million US dollars. The total number of WBS destroyed has reached 59464618.4. It is reported that Websea repurchases and destroys 10% of the platform's transaction fee for WBS every month, gradually reducing the supply of WBS until the total quantity drops from 300 million to 100 million.

According to official sources, OKX plans to adjust some index components and weights from 12:00 to 18:00 (UTC+8) on June 5, 2025. The adjusted index will be calculated by weighting the prices of the new components with their corresponding new weights. This adjustment involves multiple indices such as UMA USDT, UMA USD, and QTUM USDT. Please refer to the original announcement for adjustment details: https://www.okx.com/zh-hans/help/okx-to-adjust-components-for-several-indexes-20250604

BlockBeats News: On June 4th, James Wynn, a whale hunter, posted on social media that "when you pay attention to the global M2 money supply, you will find that everything else is just noise. The accompanying chart shows that the global M2 money supply is on an upward trend.

According to AiCoin monitoring, a large amount of funds flooded into the US spot BTC ETF market yesterday, with a net inflow of up to $375 million. Among them, the largest inflow was ARKB, with a daily net inflow of $140 million; Next is FBTC, with a total of 137 million US dollars. According to the "Spot BTC ETF Tracking" real-time trading strategy developed by AiCoin, there is a significant positive correlation between the inflow of ETF funds and BTC prices. Subscription indicators can be used to automatically place orders based on the flow of funds in the program. Data for reference only