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On June 3, the US Central Command reported that on June 2, US forces successfully repelled multiple ballistic missiles and drones launched by Iran and conducted 'defensive strikes' on Qeshm Island in response to Iran's attempts to launch attacks across the Middle East. Iran fired several ballistic missiles towards its neighboring countries; however, none of the missiles hit their intended targets. Two Iranian missiles aimed at Kuwait failed to reach the target area, possibly disintegrating during flight, while three missiles aimed at Bahrain were intercepted immediately by US and Bahraini air defense forces. Earlier, US Central Command forces shot down three one-way attack drones launched by Iran, which were heading towards civilian vessels navigating in the region's waters. The US military also conducted defensive strikes on an Iranian military ground control station located on Qeshm Island. No US personnel were injured. US Central Command forces will remain on high alert and are prepared to counter any unwarranted acts of aggression by Iran during the current ceasefire period.

[US Military Conducts 'Defensive' Strikes on Iran's Qeshm Island as Iran Launches Missiles]On June 3, the US Central Command reported that on June 2, US forces successfully repelled multiple ballistic missiles and drones launched by Iran and conducted 'defensive strikes' on Qeshm Island in response to Iran's attempts to launch attacks across the Middle East. Iran fired several ballistic missiles towards its neighboring countries; however, none of the missiles hit their intended targets. Two Iranian missiles aimed at Kuwait failed to reach the target area, possibly disintegrating during flight, while three missiles aimed at Bahrain were intercepted immediately by US and Bahraini air defense forces. Earlier, US Central Command forces shot down three one-way attack drones launched by Iran, which were heading towards civilian vessels navigating in the region's waters. The US military also conducted defensive strikes on an Iranian military ground control station located on Qeshm Island. No US personnel were injured. US Central Command forces will remain on high alert and are prepared to counter any unwarranted acts of aggression by Iran during the current ceasefire period.

US Military Conducts 'Defensive' Strikes on Iran's Qeshm Island as Iran Launches Missiles

On June 3, market news reported that the Japanese government has finalized an additional budget of $19 billion to subsidize the soaring costs of fuel and utilities. (Jin Shi)

[Japanese Government Finalizes $19 Billion Additional Budget to Subsidize Soaring Fuel and Utility Costs]On June 3, market news reported that the Japanese government has finalized an additional budget of $19 billion to subsidize the soaring costs of fuel and utilities. (Jin Shi)

Japanese Government Finalizes $19 Billion Additional Budget to Subsidize Soaring Fuel and Utility Costs

On June 3, at a summit held in Paris, Bittensor co-founder Ala Shaabana stated that decentralized networks are replacing traditional enterprise data centers, becoming the new infrastructure for global computing power. Shaabana pointed out that the hash power of the Bitcoin network has surpassed the total computing power of the world's top 100 supercomputers by more than 600,000 times, showcasing the immense scale of distributed computing networks. He believes that by adopting incentive-based subnets to reward specific tasks, open networks can mobilize global hardware resources and collective intelligence more efficiently than centralized tech giants, thereby supporting the development of artificial intelligence. Shaabana further argued that this decentralized, incentive-driven network architecture has greater potential to become a key method for the allocation of AI computing resources in the future, compared to the data center model operated by a few large tech companies.

[Bittensor Co-Founder: Bitcoin Network's Hash Power Exceeds Top 100 Supercomputers by 600,000 Times]On June 3, at a summit held in Paris, Bittensor co-founder Ala Shaabana stated that decentralized networks are replacing traditional enterprise data centers, becoming the new infrastructure for global computing power. Shaabana pointed out that the hash power of the Bitcoin network has surpassed the total computing power of the world's top 100 supercomputers by more than 600,000 times, showcasing the immense scale of distributed computing networks. He believes that by adopting incentive-based subnets to reward specific tasks, open networks can mobilize global hardware resources and collective intelligence more efficiently than centralized tech giants, thereby supporting the development of artificial intelligence. Shaabana further argued that this decentralized, incentive-driven network architecture has greater potential to become a key method for the allocation of AI computing resources in the future, compared to the data center model operated by a few large tech companies.

Bittensor Co-Founder: Bitcoin Network's Hash Power Exceeds Top 100 Supercomputers by 600,000 Times

On June 3, according to CCTV, the U.S. Central Command stated that on June 2, local time, U.S. forces took action against an oil tanker heading towards an Iranian port in the Arabian Gulf, rendering it inoperable. The Central Command reported that the tanker, named 'Lexie' and flying the flag of Botswana, was en route to Iran's Khark Island. The U.S. claimed that the vessel ignored multiple warnings and directives from U.S. forces within a 24-hour period and did not comply with relevant blockade measures. Subsequently, a U.S. military aircraft fired a Hellfire missile at the ship's hull, causing the tanker to lose power and preventing it from continuing to Iran. Since implementing blockade measures against maritime traffic in and out of Iranian ports on April 13, the U.S. military has incapacitated six commercial vessels and redirected 122 others. Currently, the ceasefire between the U.S. and Iran remains in effect.

[US Military Strikes Iranian-Linked Oil Tanker, Rendering It Inoperable]On June 3, according to CCTV, the U.S. Central Command stated that on June 2, local time, U.S. forces took action against an oil tanker heading towards an Iranian port in the Arabian Gulf, rendering it inoperable. The Central Command reported that the tanker, named 'Lexie' and flying the flag of Botswana, was en route to Iran's Khark Island. The U.S. claimed that the vessel ignored multiple warnings and directives from U.S. forces within a 24-hour period and did not comply with relevant blockade measures. Subsequently, a U.S. military aircraft fired a Hellfire missile at the ship's hull, causing the tanker to lose power and preventing it from continuing to Iran. Since implementing blockade measures against maritime traffic in and out of Iranian ports on April 13, the U.S. military has incapacitated six commercial vessels and redirected 122 others. Currently, the ceasefire between the U.S. and Iran remains in effect.

US Military Strikes Iranian-Linked Oil Tanker, Rendering It Inoperable

On June 3, sources revealed that SpaceX is planning a significant IPO next week, aiming for a valuation of approximately $1.75 trillion. According to insiders, the rocket manufacturer owned by Elon Musk may sell less than 5% of its shares, valued between $60 billion and $80 billion. This percentage is much lower than a typical IPO. The exact figures may still change before Wednesday afternoon. The company plans to submit updated documents on Wednesday afternoon, which will include the price range guidance for this offering. Earlier this year, following the acquisition of AI company xAI, SpaceX's valuation was around $1.25 trillion.

[SpaceX Plans IPO Next Week, Targeting $1.75 Trillion Valuation]On June 3, sources revealed that SpaceX is planning a significant IPO next week, aiming for a valuation of approximately $1.75 trillion. According to insiders, the rocket manufacturer owned by Elon Musk may sell less than 5% of its shares, valued between $60 billion and $80 billion. This percentage is much lower than a typical IPO. The exact figures may still change before Wednesday afternoon. The company plans to submit updated documents on Wednesday afternoon, which will include the price range guidance for this offering. Earlier this year, following the acquisition of AI company xAI, SpaceX's valuation was around $1.25 trillion.

SpaceX Plans IPO Next Week, Targeting $1.75 Trillion Valuation

On June 3, Federal Reserve Chairman Walsh delivered an inaugural address to over 20,000 employees as he began his four-year term, promising to adhere to the "excellent traditions of the Federal Reserve" while also indicating a comprehensive review of areas for improvement. This memorandum provides an initial insight into Walsh's direction: he aims to advance what he calls a comprehensive reform agenda, believing that the Federal Reserve has strayed from its mission; he is also working to mend relationships with colleagues and staff he has previously criticized. In the memo sent out on Tuesday, Walsh stated: "Our top priority is to formulate the right policies to fulfill our responsibilities and serve the national interest. We will ensure an environment that supports employees in realizing their best talents." "If better alternatives are found, we will not be bound by past practices," Walsh remarked, adding, "In the coming quarters, I look forward to engaging in open and pragmatic discussions about the Federal Reserve's strategies, policies, and operations." Additionally, according to a source familiar with the new chairman's initial personnel appointments, Walsh has appointed two conservative analysts to provide advice during his transition from former chairman and current governor Powell. These appointments are reportedly temporary contract positions aimed at assisting Walsh in planning his initial priorities after taking office. (Sina Finance)

[Walsh Commits to Upholding Federal Reserve Traditions While Seeking Change]On June 3, Federal Reserve Chairman Walsh delivered an inaugural address to over 20,000 employees as he began his four-year term, promising to adhere to the "excellent traditions of the Federal Reserve" while also indicating a comprehensive review of areas for improvement. This memorandum provides an initial insight into Walsh's direction: he aims to advance what he calls a comprehensive reform agenda, believing that the Federal Reserve has strayed from its mission; he is also working to mend relationships with colleagues and staff he has previously criticized. In the memo sent out on Tuesday, Walsh stated: "Our top priority is to formulate the right policies to fulfill our responsibilities and serve the national interest. We will ensure an environment that supports employees in realizing their best talents." "If better alternatives are found, we will not be bound by past practices," Walsh remarked, adding, "In the coming quarters, I look forward to engaging in open and pragmatic discussions about the Federal Reserve's strategies, policies, and operations." Additionally, according to a source familiar with the new chairman's initial personnel appointments, Walsh has appointed two conservative analysts to provide advice during his transition from former chairman and current governor Powell. These appointments are reportedly temporary contract positions aimed at assisting Walsh in planning his initial priorities after taking office. (Sina Finance)

Walsh Commits to Upholding Federal Reserve Traditions While Seeking Change

On June 3, according to data from The Block, the total trading volume of futures on major cryptocurrency exchanges in May was approximately $2.9 trillion, marking a 12-month low and returning to levels seen at the end of 2023, significantly lower than the peak periods of $6 to $7 trillion last year. Trading activity remains highly concentrated on a few platforms. Meanwhile, the CFTC has officially opened the door for the launch of cryptocurrency perpetual contracts in the U.S. market. Perpetual contracts, which have no expiration date and anchor spot prices through funding rates, have become mainstream trading tools in global cryptocurrency derivatives. Analysts point out that the compliant domestic perpetual market in the U.S. is expected to attract institutional participation, but whether trading volume can recover will depend on its competitiveness with offshore exchanges.

[Cryptocurrency Derivatives Trading Volume Hits New Low Since End of 2023]On June 3, according to data from The Block, the total trading volume of futures on major cryptocurrency exchanges in May was approximately $2.9 trillion, marking a 12-month low and returning to levels seen at the end of 2023, significantly lower than the peak periods of $6 to $7 trillion last year. Trading activity remains highly concentrated on a few platforms. Meanwhile, the CFTC has officially opened the door for the launch of cryptocurrency perpetual contracts in the U.S. market. Perpetual contracts, which have no expiration date and anchor spot prices through funding rates, have become mainstream trading tools in global cryptocurrency derivatives. Analysts point out that the compliant domestic perpetual market in the U.S. is expected to attract institutional participation, but whether trading volume can recover will depend on its competitiveness with offshore exchanges.

Cryptocurrency Derivatives Trading Volume Hits New Low Since End of 2023

On June 3, U.S. Secretary of State Rubio stated on the 2nd that Israeli Prime Minister Netanyahu's proposal for the Israeli military to control 70% of the Gaza Strip is inconsistent with the U.S. position. During a hearing held by the House Appropriations Committee in Congress that afternoon, Rubio responded to questions from lawmakers, saying that Netanyahu's plan is not part of President Trump's '20-point plan' for ending the Gaza conflict. According to the '20-point plan', Israel does not need to take such actions. Under the first phase of the Gaza ceasefire agreement effective from October 2025, Israel controls 53% of the Gaza Strip.

[Rubio: Israel's Plan to Control 70% of Gaza Conflicts with U.S. Position]On June 3, U.S. Secretary of State Rubio stated on the 2nd that Israeli Prime Minister Netanyahu's proposal for the Israeli military to control 70% of the Gaza Strip is inconsistent with the U.S. position. During a hearing held by the House Appropriations Committee in Congress that afternoon, Rubio responded to questions from lawmakers, saying that Netanyahu's plan is not part of President Trump's '20-point plan' for ending the Gaza conflict. According to the '20-point plan', Israel does not need to take such actions. Under the first phase of the Gaza ceasefire agreement effective from October 2025, Israel controls 53% of the Gaza Strip.

Rubio: Israel's Plan to Control 70% of Gaza Conflicts with U.S. Position

On June 3, WTI crude oil's intraday increase expanded to 2.00%, currently reported at $97.21 per barrel. This follows reports of explosions in several Middle Eastern countries. (Jinshi)

[WTI Crude Oil Increases by 2.00% to $97.21 per Barrel]On June 3, WTI crude oil's intraday increase expanded to 2.00%, currently reported at $97.21 per barrel. This follows reports of explosions in several Middle Eastern countries. (Jinshi)

WTI Crude Oil Increases by 2.00% to $97.21 per Barrel

On May 31, the Hyperliquid ETF saw a net inflow of $29.6 million on Friday, setting a new historical high. Among this, BHYP had a net inflow of $20.1 million, while THYP recorded a net inflow of $9.5 million. The Hyperliquid ETF has achieved net inflows for 13 consecutive trading days, totaling $136 million. The continuous inflow of funds into the Hyperliquid ETF has driven the strength of HYPE. According to HTX market data, HYPE has increased by over 70% in the past 30 days, currently priced at $68.3.

[Hyperliquid ETF Records 13 Consecutive Days of Net Inflows, Accumulating $136 Million]On May 31, the Hyperliquid ETF saw a net inflow of $29.6 million on Friday, setting a new historical high. Among this, BHYP had a net inflow of $20.1 million, while THYP recorded a net inflow of $9.5 million. The Hyperliquid ETF has achieved net inflows for 13 consecutive trading days, totaling $136 million. The continuous inflow of funds into the Hyperliquid ETF has driven the strength of HYPE. According to HTX market data, HYPE has increased by over 70% in the past 30 days, currently priced at $68.3.

Hyperliquid ETF Records 13 Consecutive Days of Net Inflows, Accumulating $136 Million

From a Lunch Table to an Infinite Universe: Fei-Fei Li Bets on AI's Next Dimension

2-Year Return of 225x? Uncovering Mysterious Researcher Serenity's AI 'Choke Point' Investment Strategy

Retail Investors' 'Lead Brother' Serenity vs. Newly Minted Stock God Leopold: How Are the Two Top Hunters Mining AI's 'Physical Limits'?

VVV Surges Over 10x This Year, Is the Base Ecosystem the Last Hope for Crypto AI?

Bitcoin Correction Pushes 580,000 BTC Into Loss Territory

One Article Deconstructs the Investment Methodology of 'Stock God Serenity'

Deconstructing the Investment Methodology of the 'Stock God Serenity' in One Article

Sharplink CEO: Ethereum's Future Is Playing Out Now

Kalshi and Coinbase Receive CFTC Approval, Ushering in the Most Regulation-Friendly Era for the Crypto Industry?

Weekly Token Unlocks: HYPE Unlocks $650M Worth of Tokens

Article

ETH drops below 2000 USDT

BTC falls below 70000 USDT

Hyperliquid ETF Records 13 Consecutive Days of Net Inflows, Accumulating $136 Million

Descargo de responsabilidad：El contenido anterior no representa las posiciones de HTX.，HTX no ofrece ninguna recomendación de trading.。

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