YZi Labs Appoints Jing Xiong as Investment Director

On June 4th, Whale James Wynn posted on social media and said, "Bitcoin has broken the local downtrend and the reversal has started."

On June 4th, the Swedish healthcare company H100 Group has obtained a $2.1 million convertible loan from Adam Back, and there is a possibility of an additional $12.8 million. This funding will be employed to continuously accumulate Bitcoin.

On June 4th, based on the @pandajackson42 data dashboard, the trading volume of Binance's Alpha on June 3rd reached $1.93 billion. The trading volume of ZKJ was $1.31 billion, the trading volume of KOGE was $216 million, and the trading volume of MERL was $192 million, leading the way.

On June 4th, Whale James Wynn made a post on social media, saying, "Once you focus on the global M2 money supply, you'll understand that everything else is merely noise." He attached an image indicating that the global M2 money supply is on an upward trajectory.

On June 4th, the Chairman of the U.S. Securities and Exchange Commission (SEC), Paul Atkins, is persistently advancing his reform agenda with the aim of bringing about a "new era" to the SEC and driving a shift in the agency's policy stance regarding digital assets. Paul Atkins testified before the Subcommittee on Financial Services and General Government of the Senate Appropriations Committee on Tuesday, stating that he is dedicated to establishing a "rational regulatory framework" for crypto assets. He emphasized prioritizing rule-making and enhancing transparency instead of relying solely on enforcement actions. He said, "To safeguard investors from fraudulent activities, clear regulatory rules are of great importance as they can assist them in identifying blatantly illegal schemes. Policy-making will be carried out through a notice-and-comment rulemaking process rather than through enforcement or regulation."

On June 4th, according to Farside Investors, the net inflow into the US Bitcoin spot ETF yesterday was $3.751 billion.