The White House: Trump Signs Executive Order to Promote Advanced AI Innovation and Security

On June 3rd, the well-known Bitcoin whale account "Setting 10 Big Goals First" posted on social media to announce it’s restarting bullish bets on Bitcoin. The trade details shared show the whale opened a 4x-leveraged long position totaling 281.789 BTC at an entry price of $67,777, and is currently earning slight profits from this position. Additionally, this same whale closed out a Bitcoin short position yesterday, securing a total profit of $3.3 million from that trade.

June 3 — Official sources report that decentralized finance (DeFi) protocol Ethena has announced a strategic partnership with Coinbase. The two firms will collaborate to advance on-chain finance and savings products, which will cater to an audience of over 100 million users. Their first joint growth plan is slated to launch officially next week, with the aim of accelerating the adoption and real-world application of on-chain financial products. As part of this collaboration, Coinbase Ventures has also closed its initial investment in ENA tokens via an open-market purchase. This marks Coinbase Ventures’ first ever direct buy of ENA, further solidifying their partnership as they build out the on-chain finance ecosystem. Coinbase Ventures noted that Ethena has emerged as a key player in the on-chain finance space, with its innovative products driving progress in stablecoins and on-chain yield markets. Going forward, both parties will deepen their cooperation around the USDC ecosystem an

On June 3, per monitoring by HyperInsight, when Ethereum briefly dipped below $1,900, the ETH long positions of the so-called "Big Brother Whale" Li Cheng Huang were partially liquidated four times within the past hour. He then executed six more partial liquidation operations to scale up his long position. Currently, he holds 600 ETH in long positions with 25x leverage, posting a floating loss of $35,000. Over the past week, his perpetual contracts alone have incurred a loss of $1.005 million.

On June 3, Goldman Sachs CEO David Solomon stated that the financial system has ample liquidity to absorb large initial public offerings (IPOs), adding that a shift in consumer behavior is likely to materialize in the second half of this year.

June 3, per Bloomberg sources, SpaceX has signaled it plans to raise at least $75 billion via an initial public offering (IPO) through a new share issuance. The company is targeting a $1.75 trillion valuation for its U.S. IPO, a figure that includes the greenshoe option.

As of June 3, Coinglass data reports total liquidations across the entire crypto network over the past day reached $1.252 billion. Long position liquidations stood at $1.129 billion, while short position liquidations totaled $0.123 billion.