Two new wallets withdrew $2.67 million worth of MKR from Binance 8 hours ago and staked it.

On June 6th, Davis Commodities, a publicly listed company, intends to set up a Bitcoin strategic reserve. It has declared the successful approval of a $30 million financing, with 15% of the total financing amount, which is $4.5 million, being designated for the purchase of Bitcoin. Davis Commodities is a Singapore-based agricultural trading firm that mainly engages in the trade of agricultural products like sugar, rice, and oils, distributing these products to various markets including Asia, Africa, and the Middle East. The company also offers ancillary services related to agricultural products such as warehousing, processing, storage, and logistics.

June 6: Due to the news that "Publicly Listed Company Davis Commodities Is Planning to Establish a Bitcoin Strategic Reserve", the stock price of Davis Commodities surged by more than 43% during pre-market trading, raising its market value to $14.7 million.

On June 6th: After the release of a stronger-than-expected May nonfarm payroll report on Friday, Wall Street traders reduced their bets on rate cuts. According to CME's data, rate futures show that the probability of three or more 0.25 percentage point rate cuts this year decreased from 36% on Thursday to 25%. The probability of one or zero rate cuts rose from 25% to 34%. (IG)

On June 6th, glassnode presented an analysis indicating that Bitcoin long-term holders are gradually liquidating their holdings. In the absence of strong upward driving forces, the risk of a short-term pullback is on the rise. On-chain models reveal key support ranges: the 0.95 SSD percentile value is approximately $103,700, and the 0.85 percentile value is $95,600. If profit-taking persists, these will be the price levels to keep a close eye on.

On June 6th, Binance Alpha has now initiated FLY. If computed based on the highest opening price (1.006 USD), the airdrop yield for this instance is approximately 88.5 USD. It has now dropped to 0.66 USD, with a market value of 8.66 million USD. Previously, Binance Alpha announced that those with a score of 223 would receive 88 FLY tokens in the airdrop.

On June 6th, US President Trump posted on social media, stating, "The United States is currently in a state of heat! Six months ago, it was as cold as ice! The border is closed, and prices are declining while wages are increasing!"