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On June 3, Japanese Prime Minister Sanae Takaichi stated that strengthening international cooperation on foreign exchange issues, especially with the United States, is crucial. Appropriate measures will be taken on the foreign exchange market as needed.

[Japanese Prime Minister: Appropriate Measures on Foreign Exchange Market as Needed]On June 3, Japanese Prime Minister Sanae Takaichi stated that strengthening international cooperation on foreign exchange issues, especially with the United States, is crucial. Appropriate measures will be taken on the foreign exchange market as needed.

Japanese Prime Minister: Appropriate Measures on Foreign Exchange Market as Needed

According to monitoring by Beating, Meta has begun to scale back the employee computer tracking tool used for AI training. An internal memo obtained by The Information reveals that in response to employee pushback, the company has decided to update the Model Capability Initiative (MCI) to narrow the scope of behavioral data collection and enhance privacy protections. Launched in April this year, MCI primarily recorded employees' mouse movements, clicks, navigation, and screen content on work computers to train AI to use computers like humans. Meta CEO Mark Zuckerberg has stated that AI models need to learn by 'watching smart people work,' and that the quality of data produced by company employees is significantly higher than that of traditional outsourced labeling teams. However, the monitoring software faced strong internal resistance due to causing device slowdowns and reduced battery life. Some employees resisted tracking by ignoring permission pop-ups or manually disabling the software in settings. Last month, employees even distributed flyers in the office and initiated a petition that garnered over 1,500 signatures protesting the disrespect for employee dignity. According to the memo, Meta has now made a series of concessions: employees can pause the tracker for 30 minutes at any time to handle personal matters; data collection has shifted from recording specific input words to only summarizing activities; the application process for exemption from tracking has been broadened to include sensitive content handlers, remote employees with limited bandwidth, and field workers with charging difficulties. Additionally, Meta stated that currently only a 'very small number of engineers' have access to the raw data.

[Meta Reduces Data Collection Scope for AI Training Tool MCI After Employee Backlash]According to monitoring by Beating, Meta has begun to scale back the employee computer tracking tool used for AI training. An internal memo obtained by The Information reveals that in response to employee pushback, the company has decided to update the Model Capability Initiative (MCI) to narrow the scope of behavioral data collection and enhance privacy protections. Launched in April this year, MCI primarily recorded employees' mouse movements, clicks, navigation, and screen content on work computers to train AI to use computers like humans. Meta CEO Mark Zuckerberg has stated that AI models need to learn by 'watching smart people work,' and that the quality of data produced by company employees is significantly higher than that of traditional outsourced labeling teams. However, the monitoring software faced strong internal resistance due to causing device slowdowns and reduced battery life. Some employees resisted tracking by ignoring permission pop-ups or manually disabling the software in settings. Last month, employees even distributed flyers in the office and initiated a petition that garnered over 1,500 signatures protesting the disrespect for employee dignity. According to the memo, Meta has now made a series of concessions: employees can pause the tracker for 30 minutes at any time to handle personal matters; data collection has shifted from recording specific input words to only summarizing activities; the application process for exemption from tracking has been broadened to include sensitive content handlers, remote employees with limited bandwidth, and field workers with charging difficulties. Additionally, Meta stated that currently only a 'very small number of engineers' have access to the raw data.

Meta Reduces Data Collection Scope for AI Training Tool MCI After Employee Backlash

On June 3, it was reported that the U.S. government officially appealed on June 2 against the ruling by the U.S. Court of International Trade that ordered the U.S. Customs and Border Protection (CBP) to refund tariffs. The outcome of the appeal is significant as it pertains to approximately $166 billion in tariff revenue collected from U.S. importers during the Trump administration, and the ongoing tariff refund process may be affected. According to a Supreme Court ruling, a judge from the U.S. Court of International Trade ruled on March 4 that the CBP could not assess tariffs based on the International Emergency Economic Powers Act. This means that tariffs previously collected from importers under that law must be refunded. As reported by the CBP, as of March 4, over 330,000 importers had prepaid or paid a total of approximately $166 billion in related tariffs. A recent legal document submitted by the agency indicates that as of May 22, it had processed refund requests totaling about $85 billion and requested the Treasury to refund approximately $20.6 billion in tariffs.

[U.S. Government Officially Appeals Tariff Refund Ruling]On June 3, it was reported that the U.S. government officially appealed on June 2 against the ruling by the U.S. Court of International Trade that ordered the U.S. Customs and Border Protection (CBP) to refund tariffs. The outcome of the appeal is significant as it pertains to approximately $166 billion in tariff revenue collected from U.S. importers during the Trump administration, and the ongoing tariff refund process may be affected. According to a Supreme Court ruling, a judge from the U.S. Court of International Trade ruled on March 4 that the CBP could not assess tariffs based on the International Emergency Economic Powers Act. This means that tariffs previously collected from importers under that law must be refunded. As reported by the CBP, as of March 4, over 330,000 importers had prepaid or paid a total of approximately $166 billion in related tariffs. A recent legal document submitted by the agency indicates that as of May 22, it had processed refund requests totaling about $85 billion and requested the Treasury to refund approximately $20.6 billion in tariffs.

U.S. Government Officially Appeals Tariff Refund Ruling

Jenny Johnson, CEO of Franklin Templeton, stated at the Proof of Talk summit in Paris that Wall Street's fear of blockchain arises from its threat to existing profit models. She noted that this technology threatens many existing business models in traditional finance, and any hesitation is due to the threat to these models. Johnson explained that if blockchain can enable instant settlement through smart contracts, large banks will no longer be able to charge transaction fees as third-party intermediaries. She cited her company's tokenized money market fund, Benji, operating on the Stellar blockchain, as an example, stating that the old system incurred a cost of about $1.30 per transaction for 50,000 transactions, while operating on Stellar costs approximately $1.13 per transaction.

[Wall Street's Fear of Blockchain Stems from Threat to Existing Profit Models]Jenny Johnson, CEO of Franklin Templeton, stated at the Proof of Talk summit in Paris that Wall Street's fear of blockchain arises from its threat to existing profit models. She noted that this technology threatens many existing business models in traditional finance, and any hesitation is due to the threat to these models. Johnson explained that if blockchain can enable instant settlement through smart contracts, large banks will no longer be able to charge transaction fees as third-party intermediaries. She cited her company's tokenized money market fund, Benji, operating on the Stellar blockchain, as an example, stating that the old system incurred a cost of about $1.30 per transaction for 50,000 transactions, while operating on Stellar costs approximately $1.13 per transaction.

Wall Street's Fear of Blockchain Stems from Threat to Existing Profit Models

On June 3, the USD/JPY has dropped over 40 points in a short period, currently reported at 159.60.

[USD/JPY Drops Over 40 Points, Currently at 159.60]On June 3, the USD/JPY has dropped over 40 points in a short period, currently reported at 159.60.

USD/JPY Drops Over 40 Points, Currently at 159.60

On June 3, BIT Official released a daily chart analysis stating that institutional fund flow is shifting, and Bitcoin's key support level is facing a test. Over the past four years, a notable feature of Bitcoin has been that most of its gains occur in a short period of rapid increases, followed by a prolonged phase of sideways consolidation. The correction phase also exhibits a similar pattern, where prices typically drop quickly at first, releasing most of the downward pressure in one go, and then gradually stabilize. This round of correction is mainly influenced by two factors: first, the U.S. April CPI released in May exceeded expectations; second, there are concerns in the market regarding Strategy (formerly MicroStrategy) selling Bitcoin and the subsequent potential selling pressure. As a result, the spot Bitcoin ETF quickly shifted from net buying to significant net selling, with a cumulative net sell of about $1.5 billion this year, creating noticeable pressure on the market. Currently, Bitcoin remains under correction pressure, with $63,445 being a key support level to watch. Whether this level can hold will impact the market's judgment on the depth of this adjustment: if prices stabilize around this area, the current correction may still be considered a phase adjustment; if it effectively breaks below, it may enter a deeper adjustment and consolidation.

[BIT Official: Institutional Fund Flow Shifts, Bitcoin's Key Support Level Faces Test]On June 3, BIT Official released a daily chart analysis stating that institutional fund flow is shifting, and Bitcoin's key support level is facing a test. Over the past four years, a notable feature of Bitcoin has been that most of its gains occur in a short period of rapid increases, followed by a prolonged phase of sideways consolidation. The correction phase also exhibits a similar pattern, where prices typically drop quickly at first, releasing most of the downward pressure in one go, and then gradually stabilize. This round of correction is mainly influenced by two factors: first, the U.S. April CPI released in May exceeded expectations; second, there are concerns in the market regarding Strategy (formerly MicroStrategy) selling Bitcoin and the subsequent potential selling pressure. As a result, the spot Bitcoin ETF quickly shifted from net buying to significant net selling, with a cumulative net sell of about $1.5 billion this year, creating noticeable pressure on the market. Currently, Bitcoin remains under correction pressure, with $63,445 being a key support level to watch. Whether this level can hold will impact the market's judgment on the depth of this adjustment: if prices stabilize around this area, the current correction may still be considered a phase adjustment; if it effectively breaks below, it may enter a deeper adjustment and consolidation.

BIT Official: Institutional Fund Flow Shifts, Bitcoin's Key Support Level Faces Test

On June 3, according to CCTV, Foreign Ministry spokesperson Mao Ning hosted a regular press conference. A reporter asked about China-Europe economic and trade relations. Mao Ning stated that the essence of China-Europe economic and trade relations is mutual benefit and win-win, and we are closely monitoring developments from the European side. We have always believed that economic and trade issues should be resolved through dialogue and communication, and we hope that the European side can adhere to the basic principles of market economy such as free trade, fair competition, and open cooperation, avoiding protectionist measures.

[Ministry of Foreign Affairs: The Essence of China-Europe Economic and Trade Relations is Mutual Benefit and Win-Win; Closely Monitoring European Developments]On June 3, according to CCTV, Foreign Ministry spokesperson Mao Ning hosted a regular press conference. A reporter asked about China-Europe economic and trade relations. Mao Ning stated that the essence of China-Europe economic and trade relations is mutual benefit and win-win, and we are closely monitoring developments from the European side. We have always believed that economic and trade issues should be resolved through dialogue and communication, and we hope that the European side can adhere to the basic principles of market economy such as free trade, fair competition, and open cooperation, avoiding protectionist measures.

Ministry of Foreign Affairs: The Essence of China-Europe Economic and Trade Relations is Mutual Benefit and Win-Win; Closely Monitoring European Developments

The European Central Bank has released a new report stating that gold's share of the total global official reserve assets has risen to 27%, surpassing U.S. Treasuries to become the largest official reserve asset worldwide. The report indicates that the share of U.S. Treasuries in global official reserve assets has decreased to 22%, while other dollar-denominated reserve assets account for 20% and euro-denominated reserve assets make up 15%. The significant increase in gold's share is primarily attributed to valuation effects. Thanks to a surge in international gold prices in 2024 and 2025, the value of gold assets has risen, allowing it to capture a larger share of global official reserves.

[Gold Surpasses U.S. Treasuries as the Largest Official Reserve Asset Globally]The European Central Bank has released a new report stating that gold's share of the total global official reserve assets has risen to 27%, surpassing U.S. Treasuries to become the largest official reserve asset worldwide. The report indicates that the share of U.S. Treasuries in global official reserve assets has decreased to 22%, while other dollar-denominated reserve assets account for 20% and euro-denominated reserve assets make up 15%. The significant increase in gold's share is primarily attributed to valuation effects. Thanks to a surge in international gold prices in 2024 and 2025, the value of gold assets has risen, allowing it to capture a larger share of global official reserves.

Gold Surpasses U.S. Treasuries as the Largest Official Reserve Asset Globally

On June 3, during a regular press conference, the Ministry of Foreign Affairs addressed questions regarding the current situation between the U.S. and Iran. Spokesperson Mao Ning expressed China's deep concern over the current situation, stating that the resumption of hostilities does not serve the interests of any party. She urged all relevant parties to cherish the opportunity for peace and to achieve a comprehensive and lasting ceasefire as soon as possible. (CCTV News)

[Ministry of Foreign Affairs: Resumption of Hostilities Does Not Serve Any Party's Interests]On June 3, during a regular press conference, the Ministry of Foreign Affairs addressed questions regarding the current situation between the U.S. and Iran. Spokesperson Mao Ning expressed China's deep concern over the current situation, stating that the resumption of hostilities does not serve the interests of any party. She urged all relevant parties to cherish the opportunity for peace and to achieve a comprehensive and lasting ceasefire as soon as possible. (CCTV News)

Ministry of Foreign Affairs: Resumption of Hostilities Does Not Serve Any Party's Interests

Май оказался убыточным для крупнейших криптовалют. Биткоин за месяц потерял 3,41%, а эфир — 11,07%. Для биткоина май 2026 года стал седьмым по убыточности маем за всю историю наблюдений, обратили внимание аналитики платформы CoinGlass.

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Article

National Bureau of Statistics: China's Economic Volume Approaches the Combined Total of the World's Third to Seventh Largest Economies

BTC fell below 69000 USDT

BTC drops below 68000 USDT

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