BitGo Announces Partnership with ZKsync to Launch Tokenized Deposit Solution

On June 5, an advisor to Iran’s Supreme Leader alleged that U.S. President Donald Trump is pressuring Iran to accept American terms while leaving Iran’s own demands undefined. The current draft agreement contains ambiguities that require clarification, the advisor added. Separately, Iran’s Foreign Minister Mohammad Javad Zarif stated on June 4 (local time) that Iran had previously warned regional countries: if they take part in any military action against Iran, U.S. military bases on their soil would become legitimate targets for Iran. Zarif emphasized that Iran’s response is targeted at U.S. military bases, not the territories of those regional nations. He noted that many countries in the region oppose the U.S. using their airspace or territory to launch attacks on Iran, yet Washington continues to conduct such operations from these facilities.

June 5th — Axios reports the Boston Federal Reserve’s latest analysis finds that while an oil crisis on par with the 1970s would still stoke inflation, the threat to U.S. employment would be far smaller than it was five decades ago. Amid ongoing tensions between the U.S. and Iran, the domestic labor market is already showing early signs of recovery. If energy supply disruptions don’t pose a major risk to jobs, the Federal Reserve’s focus will shift from taming inflation to fending off another round of price hikes. In its new research, the Boston Fed’s economists say an oil shock matching the scale of the Iran-Iraq War would trigger a sharp, significant jump in inflation — yet barely impact U.S. employment. “The U.S. economy hasn’t outgrown its vulnerability to oil shocks, but those risks have shifted,” they noted. “Today, oil crises pose less of a challenge to monetary policy, letting policymakers focus more on the bigger threats to inflation.” Researchers estimate that U.S.-Iran fr

June 5 (Xinhua) — Russian President Vladimir Putin said on June 4 that Russia is fully prepared and willing to hold peace talks with Ukraine at a U.S. military base in Anchorage, Alaska. Putin further stated that Russia is ready to accept the compromises reached between Russian and U.S. leaders during their meeting in Anchorage last August. However, he emphasized that Ukraine must agree to these proposals if the Russia-Ukraine conflict is to end soon. If Ukraine accepts the compromise terms outlined in that Russia-U.S. Anchorage agreement, he added, the ongoing hostilities will conclude quickly.

June 5 — Iran’s crude oil and condensate exports fell to their lowest level in at least six years in May amid a U.S. Navy blockade, according to shipping data and analyst commentary. Data from maritime intelligence firm Vortexa shows Iran’s May exports averaged roughly 209,000 barrels per day (bpd), a sharp drop from April’s 1.34 million bpd and nearly 1.9 million bpd in March. That marks the lowest volume since late 2019 to early 2020. Vortexa analyst Claire Jungman cited key drivers behind the slump: tensions around the Strait of Hormuz, U.S. Navy blockades of vessels traveling to and from Iranian ports, and widespread reluctance among shipowners, shipping companies, insurers, and business counterparts to expose their ships and crews to the current security risks. Independent data firm Kpler reported a similar decline, though it slightly revised its May export estimate to around 260,000 bpd. Even at that figure, it remains Iran’s lowest export level in six years.

On June 5, Polymarket’s prediction market asking whether Strategy sold any Bitcoin before May 31 closed with a "No" outcome — a ruling that has stirred controversy in the crypto space. The market had drawn significant attention after Strategy revealed it sold 32 BTC between May 26 and May 31, pushing its trading volume on the platform to over $375 million. The core dispute stemmed from timing: the SEC filing disclosing those sales was published only *after* the market’s official deadline had passed. Traders who bet on the "Yes" outcome argued the actual timing of the Bitcoin sales should take precedence for settlement, while "No" supporters countered that only information verified within the market’s operational window would count. Polymarket had previously added a disclaimer to the market page stating, "Confirmations obtained outside of the market timeframe do not count." The platform has now reaffirmed its decision to uphold the "No" settlement result.

June 5 — Bitcoin dipped below $64,000 once more Thursday after U.S. stock markets opened, notching a 13.5% weekly drop — its worst weekly showing since 2026. The cryptocurrency earlier hit its lowest point since early February, retesting the 200-week simple moving average. Trader Daan Crypto Trades noted that BTC extended its decline after a bearish retest in the $80,000 level range, adding the token has been in a broader downtrend since last October. He pointed out the market’s current focus now hinges on whether $60,000 will hold as support. The sub-$60k zone, which overlaps with the 200-week moving average, will be a critical level bulls need to defend. Trading outlet The Kobeissi Letter highlighted that the overall crypto market cap has shed more than $2 trillion since October 2025. In the near term, commentator Exitpump said every rebound in Binance’s perpetual contract order book is met with aggressive sell orders. As buying pressure tries to push prices higher, additional supp