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Trump's Son: Market's New TRUMP Wallet Launch Unrelated to Trump Organization, WLFI to Release Official Wallet

2 days ago

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.

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James Wynn is facing continued liquidation, with a liquidation loss of 279.9 bitcoins

On June 6th, according to the monitoring of HyperInsight, as Bitcoin continued to test lower, whale James Wynn's 40x Bitcoin long position on HyperLiquid kept being liquidated. Currently, it has led to a liquidation loss of 279.9 BTC, approximately $29 million. The nominal value of the position is now about $41 million, with an opening price of $106,066.7 and a liquidation price of $102,960.

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US Stock Circle Surges to Touch $103.75 and Then Falls Back, Current Price is $84.92

On June 6th, based on market information, the issuer of the stablecoin USDC, Circle, opened trading at $103.75 and then retreated. The current price is $84.92. The IPO price was $31, and the current market value is $18.7 billion. Circle completed its IPO at $31 per share, which was above the original expected price range of $24-$26. It raised $1.1 billion and achieved an IPO valuation of $6.2 billion. The IPO was originally planned to issue 24 million shares but was increased to over 34 million shares due to high demand. Circle's USDC is the second largest USD stablecoin, and its listing took place as U.S. lawmakers were advancing stablecoin regulatory legislation.

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Musk: Trump is so ungrateful, without me, he would have lost the election

On June 6th, Musk tweeted and said, "Trump is extremely ungrateful. Without me, Trump would have lost the election, and the Democratic Party would have taken control of the House of Representatives."

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James Wynn's 40x Bitcoin long position partially liquidated, losing approximately 155.38 BTC

On June 6th, as monitored by LookOnChain, whale James Wynn's 40x long position in Bitcoin was partially liquidated, resulting in a loss of approximately 155.38 BTC, which is equivalent to about $16.14 million.

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On its first day of trading, Circle opened at $69, above its IPO price of $31.

On June 6th, based on market data, the issuer of the stablecoin USDC, Circle, opened at $69 on the first day of trading on the NYSE. The IPO price was $31.