Trump Talks Musk Feud: Has Become Friends Again
June 6 — U.S. President Donald Trump has spent the past 24 hours delivering a flurry of public remarks covering topics including the economy, monetary policy, the Middle East, and artificial intelligence.
On the economic front, Trump called the May U.S. non-farm payrolls data "very strong," arguing robust growth doesn’t have to translate to inflation and that the stock market should have risen instead of falling. He renewed his push for an interest rate cut, but noted he would leave the decision on whether to lower rates at the October Federal Reserve meeting to the new Fed Chair, Wash.
Regarding the Middle East, Trump said he aims to quickly wrap up U.S. military operations against Iran to ease upward pressure on energy and fertilizer prices. While no accord has been reached with Tehran, he claimed Iran has "no choice" but to strike a deal. Trump also asserted the U.S. has significantly degraded Iran’s missile and drone capabilities, estimating that Iran’s remaining missile inventor
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Ethereum Faces Renewed Selling Pressure as Three Whales' 345,000 ETH Holdings Worth Over $530 Million at Risk
June 6 — According to AI Auntie’s monitoring, as Ethereum (ETH) continues to see volatile trading swings, the three largest ETH whales holding a combined roughly 345,000 ETH face imminent liquidation risks, with total assets at stake totaling around $537 million.
Details on each whale:
1. A whale that has maintained a long ETH position since February this year controls 152,195 ETH via two addresses on Hyperliquid, worth approximately $210 million. Its current health factor has dropped to 1.16, with liquidation thresholds set at $1,355.63 and $1,280.47 respectively.
2. An entity believed to be associated with Bit holds a long position of about 120,000 ETH through four Hyperliquid addresses (worth roughly $188 million). This position is currently sitting on an unrealized loss of around $84.48 million, with liquidation prices ranging from $1,241 to $1,272.
3. The third whale, who re-entered the market after five years of inactivity and adopted a leveraged long strategy, has collateralize
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Source: Insider
According to sources familiar with the matter, the U.S. government is considering taking a stake in an artificial intelligence company.
June 6 — Per a report from China Central Television (CCTV), three sources familiar with the matter have revealed that senior U.S. government officials held preliminary talks with major U.S. artificial intelligence companies to explore the possibility of federal government investment in these firms.
Sources stated that since the launch of U.S. President Trump’s second term, OpenAI CEO Sam Altman has been regularly discussing this idea with top administration officials. Altman first proposed the concept to Trump in early 2025 and recently revisited the discussions with senior officials over the past few weeks, positioning the plan as a method to more broadly spread AI-driven economic benefits to the general public.
The core of the talks centers on having these companies “voluntarily transfer shares to the government,” with any investment proceeds intended for public use. That said, specific details of the proposal are still being worked out and have not been finalized.
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Ethereum Co-Founder Joseph Adds Another 30,000 ETH to Collateral to Avoid Liquidation
On June 6, data from OnchainLens shows Ethereum co-founder Joseph Lubin once again topped up 30,000 ETH — about $47.12 million — to the Maker protocol as collateral to prevent his position from being liquidated.
As of today, Lubin has deposited a total of 110,000 ETH (roughly $170.78 million) across three distinct Maker Vaults, and has borrowed around 259.05 million DAI using this ETH as collateral.
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The US and Iran clashed again in the Persian Gulf, with the US military bombing an Iranian radar facility. Iran launched missiles at US military bases in Kuwait and Bahrain.
June 6 — The U.S. Central Command (CENTCOM) said U.S. forces intercepted four Iranian-launched suicide drones near the Strait of Hormuz and struck coastal radar facilities in Goruk and Qeshm Island in southern Iran, an action CENTCOM framed as aimed at preventing further threats to maritime shipping security.
In response, Iran launched ballistic missiles at U.S. facilities in Kuwait and Bahrain. Iranian state television reported the targets included two Kuwaiti military bases and U.S. Navy-related sites in Bahrain. The U.S. military confirmed seven missiles were fired: six were intercepted, one missed its target, and there are no immediate reports of U.S. personnel casualties.
Bahrain briefly activated air defense sirens, and Kuwaiti forces deployed defensive measures to counter the missile and drone threats. Iran’s Revolutionary Guard claimed the attack targeted Kuwait’s Ali Al-Salem Air Base and the U.S. Fifth Fleet headquarters, though the U.S. denied any significant damage to the
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A whale shorted 1,588 BTC with 20x leverage, liquidated at a price of $63,939.37
June 6: On-chain monitoring by LookOnChain reveals a crypto whale opened a 20x leveraged short position of 1,588 BTC (roughly $96.78 million) over the past five hours. The liquidation price for this position is $63,939.37.
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