Cynthia Lummis claims that establishing strategic Bitcoin reserves is an asymmetric bet by the US Treasury Department

According to Onchain Lens monitoring, a giant whale deposited 810 BTC worth approximately $508.2 million into Binance, resulting in a cumulative loss of approximately $9.4 million in transactions.

According to CNN, US President Trump stated during a phone call in support of Burt Jones that the US has ended its war with Iran, Iran has agreed not to possess nuclear weapons, and the Iranian side has not yet confirmed an agreement.

According to The Block, Jack Mallers, founder of Strike and CEO of Twenty One Capital, stated that the current price of Bitcoin reflects the true state of the global liquidity crisis. Jack Mallers pointed out that the University of Michigan Consumer Confidence Index is at a historical low, the S&P 500 is at a historical high, and central bank intervention distorts the value of the stock market as a signal. Jack Mallers claims that Bitcoin is the asset closest to the truth of currency. Jack Mallers believes that countries simultaneously finance wars, AI construction, and deficit spending, individuals default on credit cards and rent, and the world is in a cash raising mode, selling the most liquid assets.

1. Trump claims to have reached a war settlement with Iran and expects to reach a final agreement in the coming days 2. The PPI inflation rate in the United States rose to 6.5% in May, reaching a new high since November 2022 3. Spot gold rose 3% intraday to $4192.89 per ounce 4. Lagarde: A 25 basis point rate hike is a necessary and signaling decision 5. Morgan Stanley increases its holdings of Bitcoin to 3850, with a total holding value of approximately $243 million 6. Polish President Karol Nawrocki vetoes cryptocurrency regulation bill for third time 7. USDC Treasury destroys 158.6 million USDCs worth approximately $159 million on Ethereum 8. Coinbase Pro released 2933 BTC worth $293 million in 24 hours The above is a selection of hot topics from the past 24 hours. Click to see the full article: https://www.aicoin.com/article/539367

According to Onchain Lens monitoring, the giant whale 0x9cc has doubled its long position in SPCX, holding 1005800 SPCX shares with a value of $17.33 million and a floating profit of $676000.