
CREATIVE ECONOMY (Crypto & AI IDEAS)
June 3, 2025 at 08:48 AM
🗞 Catch up on the news over the last 24 hours!
⚡️ Elon Musk announces launching XChat, a new messaging system on X with Bitcoin-style encryption.
🇺🇸 President Trump says if courts rule against his ‘Liberation Day’ tariffs, it would allow other countries to hold America hostage with their anti-American tariffs.
⚡️ CZ suggests now might be a good time for someone to launch a dark pool perpetuals DEX, citing privacy concerns with visible orders on current DEXs that can lead to front-running and MEV attacks.
🔥 Metaplanet bought 1,088 $BTC for $117.3M, now holding a total of 8,888 $BTC on its balance sheet.
🚨 SharpLink Gaming plans $1B worth of $ETH purchase for its treasury using proceeds from proposed share sell-off, according to SEC filing.
🚨 Over $2.7B worth of tokens to be unlocked in June, led by $SUI ($206.33M), $ZRO ($64.29M), and $APT ($58.52M).
🇺🇸 Meta partners with defense contractor Anduril to develop AI-powered mixed-reality headsets for the US military.
📊 Digital asset investment products saw $286M in inflows last week, pushing the 7-week total to $10.9B.
🇬🇧 UK-listed IG Group launches retail crypto trading, giving investors access to 31 digital assets including $BTC, $ETH, and $XRP.
🚨 SEC questions legality of proposed Ethereum and Solana ETFs, citing concerns over staking and investment company status under US law.
🇸🇬 Singapore's central bank orders local crypto firms to halt overseas operations by June 30 or face fines up to $200K and potential jail time.
🔥 MicroStrategy buys 705 $BTC for $75.1M at an average price of $106,495 between May 26–June 1.
🔥 Tom Lee says Bitcoin could hit $3M long-term, and $250K is possible by end of 2025.
📊 US Bitcoin ETFs saw $9B in inflows over 5 weeks, while gold ETFs lost over $2.8B in outflows.
⚡️ BlackRock moved 4,113 $BTC worth $429.4M to Coinbase Prime two hours ago.
🇭🇰 Hong Kong’s Reitar Logtech disclosed to the SEC plans to buy up to $1.5B in Bitcoin to strengthen reserves and hedge against financial volatility.
🇳🇴 Norwegian Block Exchange becomes Norway’s first publicly listed company to hold Bitcoin on its balance sheet.
🚨 James Wynn deposits $20,460 in donated funds to his Hyperliquid account, lowering his $BTC liquidation price from $103,632 to $103,610 (–0.021%).
🚨 $META shareholders reject proposal to add #bitcoin to the balance sheet.
🚨 Strategy has announced plans to launch an IPO for its 10% Series A Perpetual STRD Stock to raise funds for general purposes, including buying more #bitcoin.
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