The opening of the US stock market was mixed, with the Nasdaq rising 64 points
At the opening of the US stock market, the Dow Jones Industrial Average fell 13 points, the Nasdaq rose 64 points, and the S&P 500 index rose 0.07%.
At the opening of the US stock market, the Dow Jones Industrial Average fell 13 points, the Nasdaq rose 64 points, and the S&P 500 index rose 0.07%.
Cryptocurrency KOL @ btcNLNico disclosed on X platform the key points of the S-3 declaration document submitted by Trump Media and Technology Group (DJT) yesterday: 1. Formally adopting the Bitcoin vault strategy. 2. Registered new securities worth up to $12 billion, which can be used to purchase Bitcoin. This is an additional amount on the basis of approximately $2.44 billion previously raised through private equity. 3. The document mentions Bitcoin 362 times, while the previous S-3 declaration document only mentioned it once. If they complete the entire securities issuance, theoretically they can purchase approximately 140000 bitcoins at the current price. Note: The S-3 filing must be approved by the U.S. Securities and Exchange Commission (SEC) on Form EFFECT before it can take effect.
According to official announcements, in order to prevent market risks and provide users with a good trading experience, OKX will regularly delist some leveraged coin pairs. The specific offline plan is as follows: OKX will cease lending to BSV/USDT, BSV/BTC, LUNC/USDT, BAND/USDT, CELR/USDT, MOVR/USDT, and SWEAT/USDT coin pairs on June 6, 2025 at 5:30 PM (UTC+8). The above-mentioned coin pairs will also be taken offline from 2:00 pm to 6:00 pm (UTC+8) on June 11, 2025. In addition, according to official prompts, the offline time required for each coin pair is about 2 hours. Users who have borrowed/pledged coins in the above-mentioned leveraged trading pairs or current lending must repay the coins before the coin pair goes offline. If the borrowed coins are not repaid by then, the system will be triggered to force the repayment. Due to the significant fluctuations in the market, it is recommended that users close their positions before stopping trading to avoid losses when the system forces coin returns. For more details, please refer to the announcement: https://www.okx.com/zh-hans/help/okx-to-delist-several-margin-trading-pairs-06062025
According to BlockBeats, on June 6th, Sentora (formerly IntoTheBlock) announced that Ethereum network fees have increased by 12.2% this week, reaching $11.05 million, indicating an increase in DeFi activity.
According to the official announcement, Bybit announced that HOME will soon be launched on the spot trading platform. HOME recharge will be open on June 9th at 18:00 Beijing time, HOME listing time will be on June 10th at 19:00 Beijing time, and HOME withdrawal opening time will be on June 11th at 18:00 Beijing time. Deposits and withdrawals can be made through BASE, BSC, and SOL networks.
According to Bitcoin.com, Hester Peirce, the head of the US Securities and Exchange Commission's (SEC) crypto working group, called for a more lenient regulatory approach to digital assets at the third annual meeting on emerging trends in asset management held on June 5th. She pointed out efficiency issues in the current approval process and emphasized the need to establish a standardized approval framework to reduce the industry's compliance burden, using the approval process of spot Bitcoin ETFs as an example. Peirce specifically mentioned the urgent need to clarify the custody system, as the legal status of state-level chartered trust institutions as digital asset custodians has not yet been clarified. With recent policy adjustments by institutions such as the US Monetary Authority, she expects more options for cryptocurrency custody to emerge and urges the SEC's investment management department to issue relevant guidelines as soon as possible. In terms of investor protection, Peirce suggests reassessing the "qualified custodian" system and proposing the development of regulatory principles that are more in line with the characteristics of digital assets. She stated that a clear regulatory framework is crucial for promoting the integration of traditional finance and blockchain innovation, and the SEC needs to adopt a more forward-looking regulatory stance.