US Stock Market's Big Three Indexes Open Lower, Dow Down 0.4%

On June 4th, Binance will delist and stop trading for the following spot trading pairs at 11:00 (UTC+8) on June 6th: ACX/FDUSD, IDEX/FDUSD, ORCA/FDUSD, THETA/FDUSD, and XAI/FDUSD. It should be noted that the delisting of a trading pair will not have an impact on the availability of the token on the Binance spot market. Users can still trade the base asset and quote asset of this spot trading pair in other available trading pairs on Binance.

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On June 4th, Whale James Wynn made a post on social media and stated, "I am currently attempting to utilize a leverage of 40x to convert inflationary fiat currency into a deflationary hard-capped real currency (BTC). However, all of you claim that I am gambling. Time is of great significance, and speed is crucial. The dollar is collapsing in real time. I am doing everything within my power to acquire as much BTC as possible so that I don't go down with the ship."

On June 4th, according to official channels, Binance Staking & Lending has included Vaulta (A), Haedal Protocol (HAEDAL), Huma Finance (HUMA), Sophon (SOPH), and World Liberty Financial USD (USD1) as new assets that can be borrowed.

On June 4th, Coinbase's CEO, Brian Armstrong, declared that if the U.S. Congress does not promptly address the $37 trillion debt issue, Bitcoin might potentially "take over" and become the subsequent global reserve currency. Armstrong wrote on social media on Tuesday, "I hold a deep affection for Bitcoin, yet a robust America is equally crucial to the world. We must bring our fiscal affairs in order." Armstrong's worries regarding the debt crisis emerged as House Republicans passed the Trump-endorsed "Big Beautiful Bill" in May. This bill extended tax cuts, augmented military spending, and scaled back on healthcare subsidies, food aid, and clean energy budgets. The intensifying fiscal pressures are fueling the interest in Bitcoin.