Moonshot has launched the on-chain token LOUD on the Solana network, with a current market value of $11.6 million.

On June 3rd, as per official channels, Europe's inaugural Bitcoin reserve firm, The Blockchain Group, declared that it has put in 60.2 million euros (roughly 68.77 million US dollars) to secure 624 bitcoins and currently holds a total of 1471 bitcoins.

On June 3rd, during the inaugural Reagan National Economic Forum held in California, Jamie Dimon, the CEO of JPMorgan Chase, put forward a startling proposition: the United States should stockpile firearms, ammunition, and drones instead of Bitcoin. "We should be hoarding guns, bullets, fighter jets, drones, and rare earth resources. We all know that we have to do this; there is no controversy about it." Dimon mentioned the executive order signed by Trump in March to establish a Bitcoin reserve during his speech. This banking giant has always been known for its opposition to cryptocurrency (although JPMorgan Chase now allows customers to trade cryptocurrency). This stance is not surprising - the concept of sovereign currency and financial democratization is fundamentally at odds with the banking industry's rent-seeking model of "just give us your money for safekeeping." Dimon also raised a startling point: the true "domestic enemy" of the United States is eroding its global leadersh

On June 3rd, as per CoinDesk, Coinbase has submitted an application to a U.S. federal court to assume the lawsuit that the state of Oregon filed against it for allegedly selling unregistered securities. It claims that the state is improperly interfering with federal efforts to clarify digital asset regulation. Coinbase considers the lawsuit initiated by Oregon Attorney General Dan Rayfield in April of this year to be an act of overstepping. The lawsuit aims to establish a "patchwork" regulatory system that directly conflicts with the regulatory framework being jointly developed at the federal level across party lines.

On June 3rd, as per Cointelegraph, the Norwegian cryptocurrency exchange Norwegian Block Exchange (NBX) announced the initiation of a Bitcoin Reserve Plan. On June 2nd, its stock price surged by over 138% in a single day. NBX stated that it has purchased 6 bitcoins (approximately $633,700) and intends to expand its holdings to 10 bitcoins within this month. Additionally, the company is actively seeking funds to further augment its Bitcoin holdings. NBX plans to utilize these bitcoins as collateral to issue the stablecoin USDM on the Cardano blockchain and achieve yield growth through the Cardano ecosystem. The company also disclosed that its board of directors is exploring the introduction of Bitcoin-backed loan services in order to advance its goal of becoming a digital asset bank.

On June 3rd, according to an official announcement, OKX will list NXPCUSDT, LAUNCHCOINUSDT, and MUBARAKUSDT perpetual contracts on June 3, 2025, from 6:00 to 6:30 p.m. (UTC+8). The specific opening times are as follows: The trading of the NXPCUSDT contract will open at 6:00 p.m. (UTC+8) on June 3rd; The trading of the LAUNCHCOINUSDT contract will open at 6:15 p.m. (UTC+8) on June 3rd; The trading of the MUBARAKUSDT contract will open at 6:30 p.m. (UTC+8) on June 3rd.

On June 3rd, a rate strategist at UBS stated in a recent report that due to lingering risks to economic growth, the bank remains bullish on the 10-year US Treasury bond. "We think the market has underestimated the risk of economic slowdown, and the relatively moderate US CPI data in May and June will also be beneficial to the performance of the 10-year Treasury bond." The strategists pointed out that although household inflation expectations have increased, they have not yet been translated into significant wage pressure. Furthermore, they also mentioned that if the US Senate adjusts the "Build Back Better Act" proposed by the House of Representatives to further cut spending, it could help relieve concerns about the expanding fiscal deficit. However, UBS also believes that in the coming months, it may be difficult for the 10-year Treasury yield to fall below 4%.