Today's Must-Read
Friday, J 06・From passive management to active management, the Ethereum Foundation’s new financial strategy will regulate ETH sales・From the decline of pure meme coins to revenue capture: reviewing the Pump.Fun craze, Hyperliquid repurchase model and the new logic of crypto investment・HashKey trading time: Trump and Musk exchanged fire, the crypto market exploded by nearly $1 billion, and trader Eugene has started to go long on ETH
Cathie Wood's ARK Invest bought nearly 4.5 million shares of Circle (CRCL) on Circle's first day of listing on the New York Stock Exchange, worth about $373 million at the closing price. Circle's stock performed strongly on the first day of trading, with the share price rising to $103.75, up about 50% from the opening price of $69, and finally closed at $83.23, while the IPO price was $31. In addition, ARK Invest also reduced its holdings of some other crypto-related company stocks, including $39 million worth of Coinbase (COIN), $18.5 million worth of Robinhood (HOOD), and $10.4 million worth of Block (XYZ) stock. ARK actively included Circle in its crypto industry portfolio, alongside companies such as Coinbase and Robinhood.
PA一线21 minute ago
The 2025 annual report "In Gold We Trust" released by gold investment company Incrementum pointed out that the price of gold will be $2,942 by the end of 2025 and $4,800 by the end of 2030 under the basic scenario; under the inflation scenario, it will be $4,080 by the end of 2025 and $8,900 by the end of 2030. The current gold price has exceeded the basic scenario target by the end of 2025. The report also pointed out that as of the end of April, the market value of gold was about $23 trillion, and the market value of Bitcoin was about $1.9 trillion, equivalent to 8% of the market value of gold. The report estimates that by the end of 2030, the market value of Bitcoin may reach 50% of the market value of gold. If the price of gold is $4,800, Bitcoin will need to rise to about $900,000. Related reading: Gold "bulls" report, why is gold expected to reach $8,900 by the end of 2030?
PA一线29 minute ago
From the decline of pure meme coins to revenue capture: reviewing the Pump.Fun craze, Hyperliquid repurchase model and the new logic of crypto investment
In this podcast, Mike Dudas, partner at 6th Man Ventures, shares some lessons he’s learned from his venture capital career and his investment logic. In addition, he also expressed his views on Pump.Fun, Pure Meme Coin, Hyperliquid, and more.
Yuliya1 hour ago
Circle triggered circuit breakers multiple times on its first day of listing. What is the return on investment over the years?
On June 5, the stablecoin giant Circle officially landed on the New York Stock Exchange. Its stock price soared at the opening, triggering the circuit breaker mechanism several times, becoming the focus of the market and bringing rich returns to investors. Among them, the publicly disclosed C round of financing has a return of more than 90 times, and it can be imagined that the return rate of multiple rounds of financing before the C round has exceeded 100 times.
Nancy2 hour ago
PANews reported on June 6 that Ogle (@cryptoogle), a consultant for the Trump family's crypto project World Liberty Fi, posted on the X platform: "Why don't people know that Meme Coin and World Liberty Fi are completely different? In any case, hedging is necessary in times of uncertainty." In addition, Ogle also confirmed that the Trump Organization, WLFI, Trump Media Technology Group, and Meme Coin TRUMP are all independent. People speculate that they are related, but it does not change the fact that these entities are independent.
PA一线4 hour ago
From close allies to public quarrels, a deep review of the "love-hate relationship" between Trump and Musk
"Trump's so-called loyalty is nothing more than asking others to be infinitely loyal to him; and Musk's friendship will ultimately be subject to calculations of interests."
比推BitPush4 hour ago
According to the Hong Kong government announcement, the Stablecoin Ordinance (Chapter 656) will be officially implemented on August 1, 2025, establishing a licensing and regulatory system for stablecoin activities. At the same time, the Financial Secretary specified that professional investors can access specified stablecoins that are not issued with a license.
PA一线5 hour ago
Gavin Wood, founder of Polkadot, emphasized that the JAM protocol and Polkadot are in a synergistic relationship. JAM aims to bring performance and functional improvements to Polkadot and can be independently deployed by other teams, reflecting the open spirit of Web3. He reiterated that DOT will remain the core of the Polkadot economy.
PA一线5 hour ago
Latest News
Friday, J 06Events Calendar
J 2025 「J 30」 Nigerian SEC’s new crypto marketing rules take effect
「J 23」 NFT NYC 2025 will be held in New York, USA

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