Odaily News China Renaissance Capital, a Hong Kong-listed company, disclosed that its China Renaissance New Economy Fund had invested in Circle in 2018. The company will continue to be optimistic about the development of blockchain technology and actively explore the layout in the fields of Web3.0 and cryptocurrency assets. Circle Internet Group was listed on the New York Stock Exchange on Thursday, with a peak of $103.75, a 2.35-fold increase from the IPO price of $31, and closed at $83.23, still up 1.68 times. It rose another 5.38% after the market to $87.71, and its market value after listing reached $6.9 billion.

Odaily News According to DefiLlama data, the top three CEXs with the largest net capital inflows in the past 30 days are Bybit, Hashkey, and Gate.

1: KOL scooter mocked James Wynn for "begging for revenge trading funds"; 2: The loss-making whale who cycled long ETH added 1,341 ETH again, and bought 5,002 in total within 5 days; 3: A whale has recently begun to gradually stop profit LINK, with a floating profit of more than 12 million US dollars; 4: A whale sold more than 44,539 SOL, with a short-term profit of nearly 650,000 US dollars; 5: Nearly 35% of Pump creators earn less than 100 US dollars, and only 1.8% break 5,000 US dollars; 6: Cryptoquant analyst: The current bull market cycle may be deliberately extended, and will eventually usher in a bubble-like frenzy; 7: Pendle Lianchuang: More than 83% of the TVL on the platform comes from stablecoins, and the weekly trading volume hit a record high; 8: Analyst: Trump's repeated tariff game may become the biggest risk for Bitcoin bulls; 9: The X account associated with the official website of TRUMP wallet was frozen again; 10: Binance CEO: Binance holds nearly 59% of the stablecoin reserves of centralized exchanges; 11: The United States seized 145 domain names and confiscated crypto assets related to the BidenCash darknet market; 12: HTX withdrew 400 million USDT from Aave an hour ago, causing a surge in deposit and borrowing rates on the Aave platform; 13: QCP: Despite the weakening of US data, the market still shows resilience; institutions are accelerating the layout of crypto assets.

Odaily News According to official news, OKX officially launched the xBTC Learn and Earn event at 16:00 (UTC+8) on June 5, 2025. Users who participate in the event will have the opportunity to gain an in-depth understanding of the application scenarios of xBTC in the APT ecosystem and obtain APT rewards by staking BTC. Users can participate through the exploration section of the OKX App. The total prize pool of the event is 13,158 APT tokens. The number of rewards is limited and first come first served. It is reported that xBTC is a packaged Bitcoin issued by OKX, which strictly follows the 1:1 reserve mechanism. Users can withdraw BTC from the exchange to the target chain and obtain the equivalent xBTC; they can also recharge xBTC back to the exchange through the target chain and exchange it for BTC.

Odaily News Richard Teng, CEO of Binance, posted on the X platform that the latest data from CryptoQuant revealed that Binance holds nearly 59% of the stablecoin reserves of centralized exchanges, worth approximately US$31 billion.

Odaily News According to Spot On Chain monitoring, about an hour ago, a multi-signature address associated with the Ethena project recharged 17 million ENA to the three major exchanges Binance, Gate and Bybit through Flowdesk, worth about $5.68 million. The on-chain information shows that this batch of tokens was released from the @ethena_labs smart contract three days ago, and may be part of the 171.88 million ENA (accounting for 2.82% of the circulating supply, with a total value of about $54.56 million) planned to be unlocked today.

Odaily News According to Ember's detection, an address redeemed 526,000 LPT (about $4.81 million) from the PoS staking contract of Livepeer (LPT) in the past hour, and has transferred the batch of tokens to the Binance exchange. On-chain data shows that these LPT tokens were previously withdrawn and staked from Binance at an average price of about $5.9 from February to April. The price of LPT has continued to rise recently, and has accumulated an increase of more than 55% in the past week. This operation is expected to realize a profit of about $2.01 million, which is suspected to be a whale or institution choosing to stop profit shipment.

Odaily News Bitcoin mining company BitMine Immersion Technologies (NYSE American: BMNR) announced the completion of a public offering of 2.25 million shares, priced at $8 per share, raising a total of $18 million. The company plans to use the net proceeds to directly purchase Bitcoin. At the same time, BitMine shares have been approved for listing on the NYSE American exchange on June 5, with the stock code "BMNR", and the original OTCQX market trading will be terminated simultaneously. (GlobeNewswire)

Odaily News At the recent Consensus conference in Toronto, Canada, Bitget COO Vugar was interviewed by Cointelegraph and shared his observations on the current changes in retail investor behavior in the crypto market. He pointed out that due to the impact of the previous market cycle, stock market fluctuations and global macro uncertainty, retail investors' risk appetite has declined significantly, and investment strategies are shifting from high-risk speculation to more rational and sustainable paths. To adapt to this trend, Bitget is accelerating the expansion of payment and application services, including stablecoin solutions and Bitget Pay, aiming to meet the diverse needs of users in daily consumption and asset allocation. Vugar also said that the crypto market is gradually bidding farewell to the traditional "bull-bear cycle" model and moving towards a structured development consisting of multiple "phased market conditions" alternating. "In the future, we may no longer experience a clear-cut bull or bear market, but a more fragmented and dynamic market rhythm." He also emphasized the rapid rise of the decentralized exchange (DEX) ecosystem, which has become an important entry point for a large number of users who want to participate in new asset transactions as soon as possible. The Bitget Onchain module relies on AI algorithms to analyze massive on-chain data and user behavior models, intelligently screen potential tokens, and help users more efficiently discover high-quality assets and improve transaction decision-making efficiency. Finally, Vugar concluded, "We believe that future crypto platforms must achieve a balance between security, compliance, and flexibility, which is the core competitiveness that Bitget is working hard to build."

Odaily News JPMorgan Chase is preparing to accept cryptocurrency-related assets as collateral for loans, including Bitcoin exchange-traded funds. The bank will first provide financing services for cryptocurrency ETFs, with the first batch involving BlackRock's iShares Bitcoin Trust. The move marks a major expansion of JPMorgan Chase's cryptocurrency-related business and comes at a time when the overall regulatory environment is loosening under the new US government. Previously, JPMorgan Chase accepted such collateral only on a limited case-by-case basis. But under the new plan, cryptocurrency ETFs will be treated more closely like traditional assets (such as stocks or real estate) when assessing customers' borrowing capacity. The report also pointed out that the plan, which is expected to be launched in the coming weeks, may include more cryptocurrency investment products. (Jinshi)