James Wynn has successfully redeemed 126,000 HYPE tokens, worth $4.22 million, which he had previously redeemed.

On June 4th, Donald Trump Jr., the co-founder of WLFI, made a clarification in a post, saying, "The Trump Organization has no connection with this wallet product (which was developed through the collaboration between Magic Eden and TRUMP Meme). Eric Trump and I have no awareness of this. Please keep an eye on it - our World Liberty Financial, which we have been putting a lot of effort into, will soon launch our official wallet." Earlier, the website information of the TRUMP Wallet showed that Magic Eden was officially collaborating with TRUMP Meme to develop the TRUMP cryptocurrency wallet.

On June 4th, due to the "Trump's Son Clarifies: The Market's New TRUMP Wallet Is Unrelated to the Trump Group" news, ME witnessed a short-term decline of more than 13%, and the market capitalization dropped to $347 million.

On June 4th, Musk took to social media and stated, "The present colossal, absurd, and politically driven congressional spending bill is highly detestable. Those who voted in favor are disgraceful: you are aware that you have done wrong. This will cause a substantial increase in the already massive budget deficit to $2.5 trillion and impose an unbearable debt burden on American citizens. Congress is steering America towards bankruptcy."

On June 4th, the White House of the United States announced that President Trump is going to sign an executive order today to double the tariffs on steel and aluminum; 50% tariffs on steel and aluminum imports will come into effect tomorrow. (FX168)

On June 4th, Federal Reserve Governor Powell indicated that owing to tariff measures, inflation is anticipated to rise and economic activity will decelerate. Tariffs have the potential to bring about an economic environment similar to stagflation. Tariffs may present a challenge to the Federal Reserve's mandate, yet the situation remains to be observed. (FXStreet)

On June 4th, the Federal Reserve's Gulsby stated that trade policy might make it even more challenging to reduce inflation. I have witnessed evidence indicating that trade policy is currently having an impact on the economy. The expected impact of direct tariffs on prices is likely to be observed within a month. We need to wait and see whether the impact of tariffs on inflation is significant or relatively minor. (Oriental Fortune Network)