U.S. Treasury Secretary Says Trump Administration Plans to Boost Bitcoin Reserves
CoinDesk June 4 update:
1) U.S. Treasury Secretary: The Trump administration plans to expand its Bitcoin reserves.
2) Total crypto market liquidations hit $1.105 billion, including about $891 million from long positions.
3) U.S.-listed crypto ETFs recorded $3 billion in net outflows, fueling concerns about institutional selling.
4) Stripe, Visa and Mastercard are reportedly considering a joint stablecoin platform.
5) Kalshi rolls out CFTC-approved Bitcoin perpetual contracts, creating a new venue for U.S. traders.
6) Cointelegraph: Coinbase's Base network has surpassed 100 million in transaction volume.
7) Hyperliquid jumps past Solana despite broader market weakness.
8) Worldcoin rallies 29% as BTC and ETH post sharp declines.
9) BTC OG insider whale: Unrealized losses on BTC long positions widen to $13.68 million.
10) Zcash gains more than 10% after a vulnerability patch is released.