Yesterday, the US Bitcoin Spot ETF saw a net inflow of $3.751 billion

On June 6th, The Kobeissi Letter put out an article saying that Elon Musk has now succeeded in annoying both the Republican Party and the Democratic Party. In reality, Elon has now openly been against both parties, but he has always had the same goal: to bring an end to America's deficit spending. Nonetheless, this shows Musk's mission of setting aside politics and reducing America's deficit spending. The Kobeissi Letter advocates that "We must set aside politics to end the American debt crisis."

On June 6th, due to the showdown between Musk and Trump last night, Tesla's stock price dropped by more than 14%, causing its market value to shrink by $153 billion, marking the largest single-day decline in history.
Musk holds approximately 12.8% of Tesla's shares. As a consequence, the value of this portion of stocks has shrunk by more than $19.5 billion.

On June 6th, the investment tycoon and CEO of Pershing Square, Bill Ackman, expressed on social media that he is in support of U.S. President Trump and also backs Musk. He holds the view that for the well-being of the United States, they should coexist in peace. When people unite, they will be stronger than when they are divided. (FX678)

June 6th. A recent research report by CITIC Securities indicated that recent developments have taken place in the legislation of stablecoins in the United States and other countries. The report holds the view that the Trump administration is promoting cryptocurrency-related bills with three intentions: to assist families in accumulating wealth and fulfill campaign pledges, to promote the expansion of the stablecoin market in order to relieve the pressure of insufficient demand for U.S. debt, and to strengthen the linkage between stablecoins and the U.S. dollar in order to delay the process of de-dollarization. Consequently, the normalization process of stablecoins is anticipated to continue. The expansion and development of the stablecoin market serve as a medium- to long-term positive factor for the cryptocurrency market. Nevertheless, the accelerated upward trend of cryptocurrencies may need to await policy certainty from the Trump administration. (Jinse)

On June 6th, according to official channels, Coinbase announced early this morning that it will include FARTCOIN and Subsquid (SQD) in its listing plan. Based on the available information, FARTCOIN is a meme coin within the Solana ecosystem. The Subsquid Network is a decentralized data lake and query engine aimed at providing developers with high-performance and permissionless data access.

On June 6th, Uber's CEO recently made an announcement that the company is giving thought to utilizing stablecoins in order to cut down on operating costs. He holds the view that the growth of stablecoins is highly promising, especially for global enterprises. Uber is a globally renowned American technological company that mainly provides ride-hailing, food delivery, and freight services. (Cointelegraph)