Federal Reserve Governor Jefferson: No Need to Hurry to Further Cut Interest Rates, Strong Economy Makes Caution Appropriate

On June 3, Singapore’s benchmark stock index climbed as much as 1.1% at one point, reaching a record high of 5,150.69 points.

June 3 – Per EmberCN’s monitoring, Bitmine added 25,000 ETH to its holdings 10 hours ago via BitGo, a transaction worth approximately $47.98 million. Last week, BitMine accumulated a total of 26,497 ETH, and this week it disclosed that its overall holdings have reached 5,416,901 ETH.

As of June 3, monitoring by ChainNews indicates that sUSDat — a staking stablecoin fully backed by digital credit asset STRC — experienced a temporary depegging, dropping roughly 7% to below $0.93 before recovering to $0.98. ChainNews notes this market volatility event followed the Strategy token’s symbolic violation of its long-stated "Never Sell" principle. During the reporting window, Strategy sold 32 BTC at an average price of approximately $77,135, totaling around $2.5 million, or just 0.0038% of its over 843,000 BTC holdings. The proceeds will go toward distribution expenses. Additionally, during the same period, Strategy also offloaded 801,994 common shares, raising roughly $1.283 billion.

June 3rd. NVIDIA CEO Jensen Huang made waves at Computex yesterday when he stated that semiconductor maker Marvell would "become the next trillion-dollar company" — a comment that sparked a rally in U.S. AI sector stocks. Using Marvell’s $219.43 closing price before Huang’s remarks as a baseline, its shares jumped more than 32% during Tuesday’s regular trading session, then added another 9.62% in after-hours trading to settle at roughly $318.76, a cumulative daily increase of about 45.27%. With an estimated 8.756 billion shares outstanding, Marvell’s market capitalization surged from approximately $192.1 billion ahead of Huang’s announcement to around $279.1 billion in after-hours trading. That translates to a nearly $87 billion boost to the chipmaker’s value in just one day, tied directly to the NVIDIA CEO’s prediction. The move has reignited discussions among U.S. retail investors about "celebrity effect" trading, a phenomenon growing in prominence amid the ongoing AI boom. Today,

June 3 — Per HTX market data, ZEC has surged 14.30% over the past 24 hours, now trading at $621.98 with a market capitalization of $10.599 billion. The token’s upside comes as the broader cryptocurrency sector faces a sharp pullback, likely spurred by two key factors: escalating geopolitical tensions in the Middle East, and negative news breaking earlier this week that crypto firm Strategy sold Bitcoin. This morning, Bitcoin tumbled more than 7% to dip below $66,200, pulling the entire crypto space and related crypto stocks down alongside it.

June 3rd: AI Monitoring reports that the whale dubbed “Setting 10 Big Goals First” disclosed a long Bitcoin position of 281.789 BTC, worth $19.09 million, with an entry price of $67,777 overnight. However, analysis of large-scale trades on Binance during the same timeframe suggests the whale’s actual long position could be 3,076.88 BTC, valued at $208 million. Additionally, between May 28 and June 2, this same whale shorted 2,739 BTC, generating a profit of $3.308 million.