1. Popular currencies on CEX
CEX top 10 trading volume and 24-hour rise and fall:
BTC: -0.55%
ETH: -0.3%
SOL: -2.39%
PEPE: -1.66%
XRP: +2.00%
DOGE: -1.16%
WIF: +0.81%
SUI: -2.53%
BNB: -1.04%
Trump: -1.23%
24 H increase list (data source: OKX):
ME: +30.23%
MENGO: +11.6%
ANIME: +10.81%
MASK: +10.6%
SSV: +9.24%
UMA: +9.01%
TRB: +8.32%
MKR: +8.15%
COMP: +7.52%
BONE: +7.18%
2. 24-hour hot search currencies
ME: Last night, there was news that Magic Eden was suspected to be cooperating with TRUMP Meme Coin to launch the wallet product Trump Wallet, but then Donald Trump Jr., a member of the Trump family, issued a statement to refute the rumor, saying that the Trump Group had no connection with a certain wallet product, and he and Eric Trump were unaware of it. Donald Trump Jr. also said that he was working with World Liberty Financial to develop an official wallet product, and the relevant project will be launched soon.
However, this morning Magic Eden responded again, saying that the application is indeed the official TRUMP wallet and uses Trumps official brand and intellectual property.
Affected by this incident, the price of ME has fluctuated greatly and is currently reported at 1.11 USDT, up more than 30% in 24 hours.
Headlines
Odaily Planet Daily News: Donald Trump Jr. issued a statement to clarify that the Trump Group has no connection with a certain wallet product, and he and Eric Trump were unaware of it. He also said that he is working with World Liberty Financial to develop an official wallet product, and the relevant project will be launched soon.
Odaily Planet Daily reported that reporter Eleanor Terrett said that she had contacted Magic Eden, an NFT market, to inquire about the release of the TRUMP wallet. Previously, Trumps eldest son clarified that the newly launched TRUMP wallet on the market has nothing to do with the Trump Group. Magic Eden responded that the application is indeed the official TRUMP wallet, using Trumps official brand and intellectual property. Magic Eden has supported the release of NFTs for the TRUMP project in the past, and is currently working with the project to promote a larger-scale TRUMP wallet development plan.
The X account associated with the Trump wallet website has been frozen
Odaily Planet Daily reported that Trump will launch a branded crypto wallet and trading application. According to the X platform information, the X account associated with Trumps crypto wallet Trump Wallet website is currently in the account frozen state. It is reported that X will freeze accounts that violate X rules and remind community users to interact with caution.
Source: pump.fun plans to conduct $1 billion token sale with $4 billion FDV
Odaily Planet Daily News: Two sources told Blockworks that pump.fun plans to raise $1 billion through token sales. The FDV of the token after the sale is $4 billion. The source added that the token will be sold to public and private investors. It has not yet been confirmed when the token will be launched, nor whether it will be issued on the pump.fun platform. Sources said the token may be issued within the next two weeks. (Blockworks)
Industry News
Odaily Planet Daily News: Coinbase International Station published a statement on the X platform stating that 12 crypto assets including AAVE, CRV and NEAR can be used as collateral for perpetual futures trading on Coinbase International Exchange and Coinbase Advanced.
Trumps social platform Truth Social submits Bitcoin ETF application
Odaily Planet Daily News: Trumps social media platform Truth Social has submitted a Bitcoin ETF application to the U.S. Securities and Exchange Commission (SEC). The New York Stock Exchange Arca Division submitted Form 19 b-4 on June 3. The ETF is designed to track Bitcoin price performance. The ETF is sponsored by Yorkville America Digital, an America First asset management company. (The Block)
Odaily Planet Daily News: The U.S. Securities and Exchange Commission (SEC) is seeking public opinion on whether to amend the rules to allow physical subscription and redemption of the WisdomTree Bitcoin Fund. Previously, the SEC has repeatedly postponed its decision on the physical subscription and redemption mechanism of cryptocurrency ETFs and asked market participants to provide feedback. The products involved include BlackRocks iShares Bitcoin Trust (IBIT), VanEck Bitcoin Trust and VanEck Ethereum Trust. (TheBlock)
Odaily Planet Daily News: Classover, a Nasdaq-listed education technology company, announced that it has signed a securities purchase agreement with Solana Growth Ventures LLC, planning to raise up to $500 million through the issuance of senior secured convertible notes, and use up to 80% of the net proceeds to purchase Solana blockchains native token SOL. Classover CEO Stephanie Luo said the move marks an important milestone in the companys strategic construction of a SOL-based corporate reserve. After the news was released, Classovers stock price surged 39.85% on Nasdaq on Monday, closing at $3.72. (The Block)
Ripple CEO denies Ripples intention to acquire Circle, saying related reports are false
Odaily Planet Daily News: Ripple CEO Brad Garlinghouse publicly stated at an event in Las Vegas that the company has never sought to acquire stablecoin issuer Circle, refuting previous media reports that Ripple had offered as much as $5 billion.
According to official news, Binance Alpha has now launched Zircuit (ZRC). Eligible Binance users with at least 211 Binance Alpha points can apply for an airdrop of 2,666 ZRC tokens on the Alpha event page starting from 16:30 on June 3, 2025, Eastern Time.
Please note that claiming the ZRC airdrop will consume 15 Binance Alpha Points.
Binance: Users with at least 213 Alpha Points can claim 900 BDXN airdrop
Odaily Planet Daily News According to official news, Binance will list Bondex (BDXN), specifically:
Alpha trading opening: June 3, 2025 18:00 (UTC+8)
Contract trading opening: June 3, 2025 18:30 (UTC+8)
Eligible Binance users with at least 213 Binance Alpha Points can claim the airdrop of 900 BDXN tokens on the Alpha event page when trading opens.
Please note that claiming the airdrop will consume 15 Binance Alpha Points.
Binance Alpha to List Lagrange (LA)
Odaily Planet Daily News According to official news, Binance Alpha has launched Lagrange (LA), and the trading opening date is June 4, and the specific time will be announced later. Eligible users need to use Binance Alpha points to claim the airdrop on the Alpha event page. The event page and details will be launched on June 4.
Project News
Odaily Planet Daily reported that Sky (formerly Maker) has begun to provide stablecoin incentives for SKY token staking. The incentives are issued in the form of USDS. The current APY for SKY staking is 17.48%.
Odaily Planet Daily News: Polymer Labs, an interoperability L2 project focusing on the IBC protocol, released a picture with a specific time (June 10) and the caption Something is going to happen. The community speculates that TGE may be held.
Last January, IBC infrastructure Polymer Labs completed a $23 million Series A financing round led by Blockchain Capital, Maven 11 and Distributed Global, with participation from Coinbase Ventures, Placeholder, Digital Money Group, North Island Ventures and Figment Capital.
Odaily Planet Daily News: Towns Protocol, a social protocol with a total financing amount of up to 35.5 million US dollars, announced in X that the first round of snapshots ended on April 10, and the second round of snapshots will be carried out before the airdrop (currently not yet carried out), and both snapshots will be included in the token airdrop.
At the same time, it stated that the work on distribution, user analysis and filtering, and protocol infrastructure has been completed, and the token airdrop will take place later this summer.
Odaily Planet Daily News: Believe founder Ben Pasternak said on the X platform that Believe is committed to becoming the most trusted launch platform for traders. The platform will take the following measures to protect users from scammers:
1. A 24-hour retention system will be implemented before any creators are charged;
2. For any project that the platform determines to be a scam, creators will be completely blocked from claiming fees;
3. The team will publicly display the health of the token to provide full transparency into the status of the project.
All of this will be completed within the next 48 hours.
Regulatory policies
Lee Jae-myung to win South Korean election with 51.7% of votes, exit polls show
Odaily Planet Daily News: Voting for the 21st presidential election in South Korea has officially ended, and exit polls were released one after another. After the voting ended, the exit polls released by the three major mainstream TV stations, Korean Broadcasting Corporation (KBS), Korean Cultural Broadcasting Corporation (MBC), and Seoul Broadcasting Corporation (SBS), showed that Lee Jae-myung, the candidate of the largest opposition party, the Democratic Party of Korea, will win the election with an overwhelming advantage that exceeds the margin of error. According to the exit polls of the Korean Cultural Broadcasting Corporation (MBC), Lee Jae-myung, the candidate of the Democratic Party of Korea, won 51.7% of the votes, Kim Moon-soo, the candidate of the Peoples Power Party, won 39.3% of the votes, and Lee Jun-seok, the candidate of the Reform Party, won 7.7% of the votes. (Jin Shi)
The U.S. Senate may vote on the GENIUS stablecoin bill as early as June 9
Odaily Planet Daily News: The U.S. Senate is negotiating amendments to the bipartisan GENIUS Act, which may be voted on as early as June 9. (Cointelegraph)
Odaily Planet Daily News According to official news, the U.S. Securities and Exchange Commission (SEC) Crypto Task Force has held talks with representatives of CoinShares International Limited and its legal counsel Chapman Cutler LLP to discuss the regulatory challenges faced in launching crypto asset exchange-traded products (ETPs) in the United States. It is reported that the topics discussed in the meeting include: how to integrate the pledge mechanism into the ETP structure, review the appropriate standards for the application of rule changes for new digital asset ETPs, crypto asset custody issues, comparison of physical and cash redemption mechanisms, and the feasibility of registered investment companies investing in digital asset ETPs.
CoinShares also introduced its crypto asset ETP business in Europe, where the company manages more than $6 billion in assets and offers 20 publicly listed ETP products covering 13 digital assets and 3 digital asset indices.
Odaily Planet Daily News: The Monetary Authority of Singapore (MAS) pointed out in a document on May 30 that even if a crypto project issues tokens through offshore entities such as Cayman and Switzerland, as long as its core team members conduct business in Singapore (including residing in Singapore with citizenship or work visas), they still need to obtain a Digital Token Service Provider (DTSP) license under the Financial Services and Markets Act.
MAS said that such operating models may also pose money laundering or reputation risks to Singapore, and therefore the same compliance and regulatory requirements will apply. The relevant regulations will take effect on June 30, 2025, and MAS will not provide a transition period. Entities that provide DT services without a license will be committing an illegal act.
Investment and Financing
Scalable Capital Completes €155 Million Financing, Led by Noteus Partners
Odaily Planet Daily News: Scalable Capital, an AI-driven portfolio management tool service provider, announced the completion of a 155 million euro financing round, led by Noteus Partners, with participation from Balderton Capital, Tencent and HV Capital. Scalable Capital was founded in Munich in 2014 by Erik Podzuweit and Florian Prucker, and supports clients to invest in more than 8,000 stocks, 2,500 ETFs, 3,500 funds and cryptocurrencies. (Techfundingnews)
Avantis Completes $8 Million Series A Financing, Led by Founders Fund and Others
Odaily Planet Daily News Base Ecosystem Derivatives Exchange Avantis announced the completion of $8 million in Series A financing, led by Founders Fund and Pantera Capital, with participation from Symbolic Capital, SALT Fund and Flowdesk. Valuation information has not yet been disclosed. It is reported that this round of financing will be completed in mid-2024, but Avantis chose to announce it now to cooperate with the development of the protocol. (The Block)
Odaily Planet Daily News Limited, a new generation of financial technology company that provides self-custodial stablecoin banking services, announced the completion of a $7 million seed round of financing. This round of financing was led by North Island Ventures, with participation from SevenX Ventures, Third Prime, Arche Capital, and Collab+Currency.
Limited has built a comprehensive payment platform that combines the security of self-custodial stablecoins with the convenience of high-end banking services. It currently covers 176 countries through iOS, Android and web terminals. Limited structurally restructures global banking, allowing businesses and individuals to use global payment channels while fully controlling their funds through self-custodial wallets and enjoying the exclusive high-end card benefits of traditional bank customers.
Tether strategically invests in digital asset exchange Orionx
Odaily Planet Daily reported that according to official news, Tether announced a strategic investment in the digital asset exchange Orionx, which is also a financial infrastructure company focusing on cross-border payments. The specific investment amount has not yet been disclosed.
Character*Voice
Odaily Planet Daily News: Donald Trump Jr, the eldest son of Trump, said in an interview with CNBC that after being unable to obtain banking services, his family chose to go all in on Bitcoin and cryptocurrency. (Cointelegraph)
Odaily Planet Daily News: Regarding the layoff plan and subsequent development direction proposed by the Ethereum Foundation today, Kyle Samani, co-founder of Multicoin Capital, commented, Please note that the definition of the word focus usually means less, not more, especially that goals should not conflict with each other. But when we look at it from the perspective of goal 3 (i.e., L1, L2 network expansion, improving user experience), goal 1 (i.e., layoffs) and goal 2 (i.e., clarifying the division of responsibilities) are contradictory.
