Today’s Crypto News – Latest Updates on Digital Currencies

Arca sells all Circle shares and switches to USDT

According to PANews, Arca Chief Investment Officer Jeff Dorman tweeted that Arca has sold all of its Circle (CRCL) shares. Earlier, Arca criticized Circle's IPO allocation as too low and said it would switch to USDT.

The Bitcoin community calls on Musk to fight back against Trump by investing in Bitcoin

According to Cointelegraph, the Bitcoin community called on Tesla CEO Elon Musk to gain the upper hand in his public battle with US President Trump by investing in Bitcoin.

1confirmation founder: Ethereum is looking for a balance between creativity and competitive spirit

According to Odaily Planet Daily, 1confirmation founder Nick Tomaino said that Ethereum is the birthplace of stablecoins, risk-weighted assets, DeFi, NFT, decentralized social and prediction markets, but the market does not seem to care about its contribu

Binance Alpha Launches AB (AB)

Binance Alpha announces the launch of AB (AB). Eligible users with at least 225 Binance Alpha points can claim an airdrop of 9,882 AB tokens starting at 14:00 (UTC+8) on June 7, 2025 on the Alpha event page.

Hong Kong proposes the concept of "specified stablecoins" to strengthen supervision

According to PANews, Hong Kong has proposed the concept of "specified stablecoins" and adopted a "value anchoring regulation" model. This concept refers to official currencies or designated units to maintain stable value.

More than 300,000 ETH waiting to enter the Ethereum validator queue

According to Wu, beaconcha in data showed that on June 4, there were 306,438 ETH waiting to enter the Ethereum Validator activation queue, with a value of more than $800 million, the highest point in more than a year.

US Ethereum spot ETFs see net inflows of $11.3 million

According to BlockBeats, on June 6, Farside Investors monitoring showed that the US Ethereum spot ETF had a net inflow of $11.3 million yesterday. Among them, BlackRock ETHA had a net inflow of $34.7 million, Fidelity FETH had a net outflow of $23.4 milli

Bitcoin network reaches block height 900,000

According to PANews, Mempool data showed that the Bitcoin network officially reached the 900,000th block height at 13:41 EST today.

Glassnode: BTC long-term holders are slowly selling off

According to Odaily Planet Daily, Glassnode analysis pointed out that due to the lack of strong upward catalysts, long-term BTC holders are slowly selling.

US Treasury to work with DOGE to reduce waste and cancel $1.9 billion contract

According to Odaily Planet Daily, the U.S. Treasury Department said on the X platform that they are working with DOGE to identify waste, fraud and abuse.

DOGE active addresses surge 400%, but still below historical peak

According to TechFlow, on March 16, data from the data analysis platform Santiment showed that the number of DOGE active addresses has surged by about 400% recently, with a short-term peak of more than 390,000.

House of Doge Launches Dogecoin Reserve to Enhance Global Payments

House of Doge is the newly formed corporate arm of the Dogecoin Foundation, dedicated to promoting Dogecoin as a widely accepted decentralized currency for everyday transactions.

Whales sold over 1.32 billion DOGE in 48 hours

According to ChainCatcher, on-chain analyst Ali said that according to Santiment data, whales sold more than 1.32 billion DOGE in the past 48 hours.

21Shares Launches 21Shares Dogecoin ETP on Swiss Stock Exchange SIX

According to Foresight News, digital asset management company 21Shares announced the launch of 21Shares Dogecoin ETP (DOGE) on the Swiss Stock Exchange SIX.

Regulators No Longer Consider Dogecoin a Memecoin

According to TechFlow, on May 5, Dogecoin’s official X platform announced that regulators no longer consider Dogecoin a Meme coin.

Tether’s USDT dominates the stablecoin payment market, Tron is the most used chain

Artemis, Castle Island, Dragonfly Research: Stablecoin Monitoring Shows Several Unique Trends Total stablecoin payments reached $94.2 billion from January 2023 to February 2025, according to a new industry study.

OKX Research Institute: UST incident hits crypto-circle hard

May 2022 can be described as "bloody" for the crypto market.

Binance Updates Limited-Time Trading Fee Discount for USDC-Margined Perpetual Contracts

According to the official announcement of Binance, Binance Futures Platform has extended the limited-time discount event for all USDC-margined perpetual contracts. During the event, all eligible Binance users can enjoy discounts when trading any USDC-marg

Binance Wallet's next TGE project is Reddio (RDO)

Binance Wallet announced that the next TGE project is Reddio (RDO), and the subscription time is from 16:00 to 18:00 on May 29, 2025 (UTC+8).

Binance’s global registered user base exceeds 275 million

Binance exchange announced at X that the number of registered users worldwide has exceeded 275 million and continues to grow.