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On June 2, Movement, an Ethereum Layer 2 project that faced controversy shortly after its launch last year, is seeking transformation. Torab Torabi, the new CEO of Move Industries, stated that Movement has been repositioned as an independent Layer 1 blockchain, aiming to become the settlement infrastructure for stablecoins in emerging markets. Move Industries announced on Tuesday that over the past few months, the company has gained access to a compliant payment network covering the U.S., Canada, and the European Union by partnering with regulated remittance and electronic money institutions, laying the foundation for stablecoin payments and cross-border settlement operations. According to the announcement, the company has established partnerships with stablecoin issuer Circle, wallet project KAST, and Sorted, as well as tokenization projects Oro, Yuzu Money, and Zoth. Additionally, Avant Protocol has chosen Movement Network as the infrastructure platform for its yield and fund management products, further expanding Movement's application scenarios in the stablecoin and real-world asset (RWA) sectors.

[Movement Transforms into Independent Layer 1, Targets Stablecoin Settlement in Emerging Markets]On June 2, Movement, an Ethereum Layer 2 project that faced controversy shortly after its launch last year, is seeking transformation. Torab Torabi, the new CEO of Move Industries, stated that Movement has been repositioned as an independent Layer 1 blockchain, aiming to become the settlement infrastructure for stablecoins in emerging markets. Move Industries announced on Tuesday that over the past few months, the company has gained access to a compliant payment network covering the U.S., Canada, and the European Union by partnering with regulated remittance and electronic money institutions, laying the foundation for stablecoin payments and cross-border settlement operations. According to the announcement, the company has established partnerships with stablecoin issuer Circle, wallet project KAST, and Sorted, as well as tokenization projects Oro, Yuzu Money, and Zoth. Additionally, Avant Protocol has chosen Movement Network as the infrastructure platform for its yield and fund management products, further expanding Movement's application scenarios in the stablecoin and real-world asset (RWA) sectors.

Movement Transforms into Independent Layer 1, Targets Stablecoin Settlement in Emerging Markets

On June 2, according to HTX market data, Bitcoin has fallen below $69,000, currently reported at $68,979, with a 24-hour decline of 4.35%.

[Bitcoin Falls Below $69,000]On June 2, according to HTX market data, Bitcoin has fallen below $69,000, currently reported at $68,979, with a 24-hour decline of 4.35%.

Bitcoin Falls Below $69,000

On June 2, Iranian media reported that the application system for vessel passage permits in the Strait of Hormuz has been fully opened. Shipowners and captains from around the world can submit passage applications at any time, 24 hours a day. According to reports, vessels can submit their navigation applications for the Strait of Hormuz through an electronic system established by the managing authority. Once approved, the vessels will receive their passage permits.

[Iranian Media: Application for Passage Permits in the Strait of Hormuz Now Open]On June 2, Iranian media reported that the application system for vessel passage permits in the Strait of Hormuz has been fully opened. Shipowners and captains from around the world can submit passage applications at any time, 24 hours a day. According to reports, vessels can submit their navigation applications for the Strait of Hormuz through an electronic system established by the managing authority. Once approved, the vessels will receive their passage permits.

Iranian Media: Application for Passage Permits in the Strait of Hormuz Now Open

Market data shows that BTC has fallen below $69,000, currently priced at $68,998.99, with a 24-hour decline of 4.43%. The market is experiencing significant volatility, so please ensure proper risk management.

[BTC Falls Below $69,000]Market data shows that BTC has fallen below $69,000, currently priced at $68,998.99, with a 24-hour decline of 4.43%. The market is experiencing significant volatility, so please ensure proper risk management.

BTC Falls Below $69,000

On June 2, Iranian media reported that the application system for vessel passage permits in the Strait of Hormuz has been fully opened. Shipowners and captains from around the world can submit their passage applications at any time, 24 hours a day. According to reports, vessels can submit their navigation applications for the Strait of Hormuz through an electronic system established by the managing authority. Once approved, the vessels will receive their passage permits.

[Iranian Media: Applications for Passage Permits in the Strait of Hormuz Now Open]On June 2, Iranian media reported that the application system for vessel passage permits in the Strait of Hormuz has been fully opened. Shipowners and captains from around the world can submit their passage applications at any time, 24 hours a day. According to reports, vessels can submit their navigation applications for the Strait of Hormuz through an electronic system established by the managing authority. Once approved, the vessels will receive their passage permits.

Iranian Media: Applications for Passage Permits in the Strait of Hormuz Now Open

On June 2, Canadian publicly traded company SOL Strategies announced that it has completed the previously disclosed acquisition of Houdini Swap. The total value of this transaction is $18 million, which will be paid through a combination of cash and SOL Strategies common stock. Houdini Swap is a non-custodial cross-chain trading aggregation platform focused on privacy protection. To date, the platform has processed approximately $2.5 billion in cross-chain exchange transactions and is projected to generate over $13 million in revenue by 2025 through partnerships with 32 trading platforms. SOL Strategies stated that this acquisition further enhances the company's business layout within the Solana ecosystem. In addition to its validator infrastructure and liquid staking business, the company now adds a trading business that has been operational for nearly three years, with stable revenue growth and large transaction volumes, further expanding its digital asset infrastructure footprint. The acquisition plan was initially announced on May 4, 2026, and has now officially completed its delivery.

[SOL Strategies Announces $18 Million Acquisition of Houdini Swap]On June 2, Canadian publicly traded company SOL Strategies announced that it has completed the previously disclosed acquisition of Houdini Swap. The total value of this transaction is $18 million, which will be paid through a combination of cash and SOL Strategies common stock. Houdini Swap is a non-custodial cross-chain trading aggregation platform focused on privacy protection. To date, the platform has processed approximately $2.5 billion in cross-chain exchange transactions and is projected to generate over $13 million in revenue by 2025 through partnerships with 32 trading platforms. SOL Strategies stated that this acquisition further enhances the company's business layout within the Solana ecosystem. In addition to its validator infrastructure and liquid staking business, the company now adds a trading business that has been operational for nearly three years, with stable revenue growth and large transaction volumes, further expanding its digital asset infrastructure footprint. The acquisition plan was initially announced on May 4, 2026, and has now officially completed its delivery.

SOL Strategies Announces $18 Million Acquisition of Houdini Swap

On June 2, Fed's Harker stated that it is reasonable to maintain stable interest rates at the moment. If high inflation persists, larger adjustments may be necessary. If inflation trends do not cool down, the Fed may need to take action 'as soon as possible.' (Jin Shi)

[Fed's Harker: Maintaining Stable Rates is Reasonable]On June 2, Fed's Harker stated that it is reasonable to maintain stable interest rates at the moment. If high inflation persists, larger adjustments may be necessary. If inflation trends do not cool down, the Fed may need to take action 'as soon as possible.' (Jin Shi)

Fed's Harker: Maintaining Stable Rates is Reasonable

On June 2, Strive CEO Matt Cole disclosed on social media that the company has invested approximately $185.2 million to acquire 2,500 bitcoins, with an average purchase price of about $74,092 per coin, bringing the total bitcoin holdings to 19,000 coins.

[Strive Invests $185.2 Million to Acquire 2,500 Bitcoins]On June 2, Strive CEO Matt Cole disclosed on social media that the company has invested approximately $185.2 million to acquire 2,500 bitcoins, with an average purchase price of about $74,092 per coin, bringing the total bitcoin holdings to 19,000 coins.

Strive Invests $185.2 Million to Acquire 2,500 Bitcoins

On June 2, CNBC reported that the prediction market platform Polymarket has completed its first institutional bulk trade related to artificial intelligence computing power infrastructure. This six-figure trade was executed by digital asset broker FalconX in partnership with trading technology startup Anera Labs. The contracts involved in the trade are linked to the Ornn Compute Price Index, which tracks the rental prices of NVIDIA H100 GPU chips and serves as an important benchmark for measuring AI computing costs. Brooke Rizzetto, Polymarket's Head of Institutional Liquidity, stated, "Prediction markets are becoming one of the most promising platforms for institutions to conduct bulk trades, and this transaction is the best proof of that. It is exactly what we have been striving to build, to see institutional counterparties using Polymarket to hedge their real GPU computing power exposure on a large scale."

[Polymarket Completes First Institutional Bulk Trade, Accelerating Penetration into Wall Street's Mainstream Financial System]On June 2, CNBC reported that the prediction market platform Polymarket has completed its first institutional bulk trade related to artificial intelligence computing power infrastructure. This six-figure trade was executed by digital asset broker FalconX in partnership with trading technology startup Anera Labs. The contracts involved in the trade are linked to the Ornn Compute Price Index, which tracks the rental prices of NVIDIA H100 GPU chips and serves as an important benchmark for measuring AI computing costs. Brooke Rizzetto, Polymarket's Head of Institutional Liquidity, stated, "Prediction markets are becoming one of the most promising platforms for institutions to conduct bulk trades, and this transaction is the best proof of that. It is exactly what we have been striving to build, to see institutional counterparties using Polymarket to hedge their real GPU computing power exposure on a large scale."

Polymarket Completes First Institutional Bulk Trade, Accelerating Penetration into Wall Street's Mainstream Financial System

On June 1, local time, Israeli Prime Minister Netanyahu stated via social media that he has instructed the Israel Defense Forces to target locations in the Dahieh area of southern Beirut. (CCTV News)

[Israeli Prime Minister Orders Strikes on Southern Beirut]On June 1, local time, Israeli Prime Minister Netanyahu stated via social media that he has instructed the Israel Defense Forces to target locations in the Dahieh area of southern Beirut. (CCTV News)

Israeli Prime Minister Orders Strikes on Southern Beirut

4 Years After Terra’s Collapse, Hodlnaut’s Former CEO Faces Fraud Charges In Singapore Court

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Article

BTC drops below 72000 USDT

BTC drops below 71000 USDT

Israeli Prime Minister Orders Strikes on Southern Beirut

Disclaimer：The content above does not represent HTX's positions.，HTX does not provide any trading recommendations.。

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