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The UK’s Financial Conduct Authority will lift its ban on crypto exchange-traded notes (cETNs) for retail investors, allowing them to be traded on FCA-recognized investment exchanges.
The move aims to boost the UK’s competitiveness in the digital asset sector while maintaining consumer protections under existing promotion rules.
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WLFI Advisor Responds to "Shorting TRUMP": WLFI is not affiliated with TRUMP, and it is natural to hedge during uncertain times
WLFI advisor Ogle (@ cryptogle) responded to the "short TRUMP" on social media, saying: "How do people still not understand that the TRUMP meme coin project is different from the WLFI project? Anyway, in uncertain times, you have to hedge."
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Musk Has Offended Both Parties — Just to End the U.S. Fiscal Deficit
The Kobeissi Letter notes that Elon Musk has now upset both Republicans and Democrats, staying consistent in his goal to end America’s deficit spending. His stance reflects a broader mission to rise above politics and tackle the U.S. debt crisis. The Kobeissi Letter urges, “We must set aside politics to end the American debt crisis.”
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Former senior Trump adviser calls for expulsion of Musk!👨⚖️
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Tesla's sell-off widens to 15%☄️
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Bitcoin is flying off exchanges 💸
67,250 BTC withdrawn in the past week!
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🗞 June 5, 2025 cryptocurrency news highlights
【Cryptocurrency】
Bluebird Mining Ventures announced plans to convert future gold mining revenues into Bitcoin and adopt BTC as a treasury reserve asset, becoming the first UK-listed mining firm to combine physical and digital gold in its strategy.
【Economy】
Sui has partnered with Dubai’s Virtual Assets Regulatory Authority (VARA) to support startups, nurture local talent, and drive growth in the region’s crypto ecosystem, marking a strategic step in Sui’s global expansion.
【Indicators】
More than 340,000 ETH (around $900m) are currently waiting in Ethereum's validator activation queue—the highest level since early 2024.
【More】
Fed Beige Book: U.S. Economy Slows as Tariff Concerns Grow 📉
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More than 340,000 ETH (around $900m) are currently waiting in Ethereum's validator activation queue—the highest level since early 2024.
The surge in interest follows two key developments:
⚫The Pectra upgrade raised the staking limit per validator from 32 to 2048 ETH, making it more attractive for institutions
⚫New SEC guidance confirmed that staking does not constitute a securities offering, easing regulatory concerns
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JPMorgan will begin accepting select crypto-related assets as loan collateral for trading and wealth management clients, starting with BlackRock’s iShares Bitcoin Trust. The bank will also count crypto holdings toward clients’ liquid assets when evaluating net worth.
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A solo miner successfully mined a Bitcoin block, earning 3.151 $ BTC worth over $330,000 ⛏
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XRP Trades Steady, Fartcoin Rebounds Fast, But Web3 ai’s 1747% ROI Potential Makes the Boldest Case This Year🪙
XRP, Fartcoin, and Web3 AI ($ WAI) are trending in crypto. XRP holds steady at $0.52 with signs of investor accumulation. Fartcoin shows strong social momentum and technical signals despite volatility. Web3 AI, in Stage 7 of its presale at $0.000402, has raised over $7 million and stands out with a clear AI-driven use case and upcoming tool launches, indicating strong long-term growth potential.
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Adam Back commits SEK 21M to H100 Group as part of its Bitcoin treasury strategy, with an option to expand to SEK 277M through a multi-tranche, convertible loan deal.💃
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🗞 June 4, 2025 cryptocurrency news highlights
【Cryptocurrency】
Elon Musk and the Future of Dogecoin: 2025 Cloud Mining Profitability Analysis for Smart Investors🐶
【Economy】
Ripple’s Latest Regulatory Win Sends XRP Surging🪙
【Indicators】
BlackRock’s iShares Bitcoin Trust ETF (IBIT) has entered the Top 25 largest ETFs with $72.4bn in assets—just 1.4 years since launch. It’s the youngest fund on the list by 9x, with the next youngest at 12.6 years.
【More】
Moscow Exchange launches bitcoin-linked futures contracts for qualified investors, with pricing tied to the U.S.-listed iShares Bitcoin Trust ETF and settlements in rubles.
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Moscow Exchange launches bitcoin-linked futures contracts for qualified investors, with pricing tied to the U.S.-listed iShares Bitcoin Trust ETF and settlements in rubles.
Sber, the largest Russian bank, is also rolling out bitcoin futures and structured bonds linked to BTC and USD/RUB, following recent regulatory approval from the Bank of Russia.
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Stablecoins now dominate crypto spot markets, making up over 80% of total spot trading volume in 2025.
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Institutional Bitcoin ETF holdings fell by 23% in Q1 2025 to $21.2bn, marking the first quarterly decline since U.S. spot ETFs launched.
The drop is mainly attributed to Bitcoin’s price depreciation, though some investors actively reduced positions, while corporate treasuries continued accumulating BTC.
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Pump•fun Urges Elon Musk to Join the Memecoin Battle with Trump 🆚
Pump•fun posted on X, addressing Elon Musk amid his apparent fallout with Donald Trump. The platform suggested Musk embrace the crypto spotlight by launching his own token, highlighting Trump’s recent memecoin initiative. Calling it a rare moment of support for “PVP” (player vs. player), Pump•fun framed it as a once-in-a-lifetime chance for Musk to make crypto history.
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Trump-Musk Fallout: Tesla Loses $150 Billion in Market Value — A Windfall for Vance?🔥
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Elon Musk Endorses "Trump Should Be Impeached" Tweet🤕
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Musk Drops Bombshell: Trump Appears in Epstein's Files💣
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President Trump's Truth Social files S-1 form for their Bitcoin ETF 👀
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Sui has partnered with Dubai’s Virtual Assets Regulatory Authority (VARA) to support startups, nurture local talent, and drive growth in the region’s crypto ecosystem, marking a strategic step in Sui’s global expansion.
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Bluebird Mining Ventures announced plans to convert future gold mining revenues into Bitcoin and adopt BTC as a treasury reserve asset, becoming the first UK-listed mining firm to combine physical and digital gold in its strategy.
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Upbit 24-hour trading volume ranking: BTC, XRP, and POKT ranked in the top three
According to CoinGecko data, in the past 24 hours, Upbit's trading volume reached US$1.496 billion, of which the BTC/KRW trading pair ranked first in the Korean won trading market with a trading volume share of 8.81%. The other top five are: XRP, POKT, ETH, and SOPH.
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Fed Beige Book: U.S. Economy Slows as Tariff Concerns Grow 📉
The Federal Reserve’s Beige Book reports a slowdown in U.S. economic activity over the past six weeks, with weaker hiring and rising concerns over tariff-related price hikes. Inflation was described as moderate, but many businesses expect faster cost increases ahead. The term “tariffs” appeared 122 times, up from 107 in April.
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XRP Surge As Webus Files Form 6-K With SEC for $300M Treasury Management Plan🪙
Webus International filed a Form 6-K with the SEC, appointing Samara Alpha to manage up to $300 million in XRP for its treasury operations. Funded through credit or non-equity financing, the move aims to integrate blockchain into Webus’s mobility and hospitality platforms to improve payment efficiency and reduce costs. XRP rose 3.3% after the announcement.
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Elon Musk responded to Coinbase CEO Brian Armstrong saying Bitcoin may take over as world reserve currency 👀
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A 24-year-old Franco-Moroccan man suspected of orchestrating a string of kidnappings targeting crypto entrepreneurs in France has been arrested in Tangier, Morocco.
Authorities believe Badiss Mohamed Amide Bajjou may have coordinated attacks, including the high-profile abduction of Ledger co-founder David Balland, whose finger was severed for ransom.
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BlackRock’s iShares Bitcoin Trust ETF (IBIT) has entered the Top 25 largest ETFs with $72.4bn in assets—just 1.4 years since launch. It’s the youngest fund on the list by 9x, with the next youngest at 12.6 years.
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SEC Commissioner Slams Confusing Crypto Rules
SEC Commissioner Caroline Crenshaw criticized the agency’s inconsistent crypto regulations, calling them “regulatory chaos.” She urged for clearer guidelines to protect investors and bring stability to the digital asset market.
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