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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)
Frax's new proposal intends to use BUIDL from BlackRock as the reserve asset for Frax USD stablecoin.
BlockBeats news, on December 23rd, Securitize, the broker-dealer of BUIDL Tokenized Currency Market Fund by BlackRock, submitted a governance proposal calling for the addition of BUIDL Token as a reserve asset for the upcoming re-launch of Frax USD stablecoin. The proposal states that besides providing the utility, relative safety, and convenience of Frax USD, it can also significantly drop counterparty risk of its reserves through collaboration with BlackRock. If the proposal is approved, Frax USD will follow the example of USDtb by Ethena and adopt BUIDL Token as the backing asset. BUIDL currently manages assets worth over $530 million, with the majority being short-term U.S. Treasury bonds.