A whale spent 700 ETH to buy 1,542.9 billion PEPE tokens

On June 7th, Eric Trump, the son of former President Donald Trump, declared that the "MEME coin TRUMP" has joined forces with WLFI. Although their Meme wallet project is no longer progressing, they remain committed to creating the most exciting MEME in the world - Trump. Moreover, we are also delighted to announce that World Liberty Financial intends to hold a significant amount of TRUMP in its long-term treasury. We share a magnificent vision in cryptocurrency, patriotism, and long-term prosperity. Stay tuned for further announcements!

On June 7th, President Trump of the United States stated that he will have a meeting with Chinese officials in London on June 9th.

On June 7th, as per Reuters, the cryptocurrency exchange GEMINI has carried out a secret filing for a U.S. IPO. Previously, on March 8th, according to Bloomberg, sources disclosed that the cryptocurrency exchange Gemini had submitted a secret IPO application in the US and was collaborating with Goldman Sachs and Morgan Stanley. It remains uncertain whether the IPO will proceed. This move took place after the U.S. Securities and Exchange Commission (SEC) completed its investigation into Gemini without taking any action. Additionally, in January, Gemini reached a $5 million settlement in a lawsuit with the U.S. Commodity Futures Trading Commission (CFTC).

On June 7th, according to the monitoring of @EmberCN, the on-chain address of James Wynn has been emptied. All the remaining assets have been transferred to a centralized exchange (CEX), with a total of 1.91 million USDC. The breakdown of the transfers is as follows: 1.5 million USDC to Kucoin, 335,000 USDC to MEXC, and 75,000 USDC to Gate.io.

On June 7th, Mike Feroli, the Chief Economist of JPMorgan, stated that for the Fed, the employment report in May was almost "custom-made" and perfectly reinforced their current stance - to remain unchanged and patiently wait for the developments in employment and inflation to determine the future policy direction. This has made the June Federal Open Market Committee (FOMC) meeting a "non-event."

On June 7th, Philadelphia Fed President Harker said that with the U.S. financial system facing increasingly mounting challenges, the deficit needs to be controlled. He is "very worried" about the current government's fiscal situation. Harker also stated, "Regarding key data, we are becoming more and more blind. We are concerned that the quality of economic data is deteriorating. Uncertainty is making it extremely difficult to predict the outlook of monetary policy. Nevertheless, in the midst of this uncertainty, the Fed may still cut interest rates later this year."