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- Community Morning Brief — Top Headlines 🔹 June 4, 2025
1. Data: Institutional buyers have increased their Bitcoin holdings by 417,000 BTC so far in 2025.
2. The U.S. has presented Vietnam with a complex list of demands in tariff negotiations.
3. Arkham stated on social media that Satoshi Nakamoto’s net worth has now surpassed Bill Gates’.
4. Trump’s Truth Social has filed an application for a Bitcoin ETF.
5. Bloomberg analyst: IBIT’s Bitcoin holdings could surpass Satoshi Nakamoto’s by the end of next year, becoming the world’s largest Bitcoin holder.
6. Attendees of Trump’s crypto dinner rec - #Satoshi Net Worth Tops Bill Gates#
Arkham announced on social media that Satoshi Nakamoto is now wealthier than Bill Gates, with a net worth reaching $116.7 billion compared to Gates' $116.2 billion.
💬 What does this mean for the crypto market? How will Satoshi's wealth impact Bitcoin's future and interest from mainstream investors?
#Trump BTC ETF Application#
Truth Social, operated by Trump Media & Technology Group, has applied for a Bitcoin spot ETF through a partner. The fund aims to track Bitcoin's spot price performance. If approved, Truth Social would be the first social media platfor - 👀 #GateCryptoGiveaway# - Whose eyes are these?
Memecoin Quiz: Guess the memecoins based on the eyes below!
💰 $10 Points * 4 winners
To join:
1️⃣ Follow Gate_Post
2️⃣ Like this post
3️⃣ Drop your answer in the comments
📅 Ends at 04:00 AM, Jun 7 (UTC)
Bad News Came for Bitcoin (BTC) from Arizona: It Would Have Been a First in History!
A bill in Arizona, USA, that aimed to invest a portion of public assets in Bitcoin was vetoed by Governor Katie Hobbs. The regulation known as "Senate Bill 1025" (SB 1025) was passed in the state legislature by a vote of 31 to 25, yet it was blocked by the governor.
The proposal aimed to create a digital asset reserve by investing the confiscated funds into Bitcoin and to have this reserve managed by the state. However, Governor Hobbs stated that cryptocurrencies are still categorized as "untested investments," expressing that these assets should not find a place in public resources.
In his statement, Hobbs said, "The Arizona State Retirement System is one of the strongest systems in the nation because it makes sound and informed investments. The retirement funds of the people of Arizona cannot be tested with unproven investments like virtual currency."
This veto decision ended Arizona's attempt to become the first state in the US to establish a cryptocurrency reserve. If the bill had been enacted, it could have set a precedent by surpassing the state, and even the US Department of the Treasury.