🚨BREAKING NEWS TODAY🚨
📝Below is a summary of the major news on June 3, 2025, affecting the cryptocurrency market:
1. Singapore Tightens Cross-Border Regulations
The Monetary Authority of Singapore (MAS) has issued an ultimatum requiring local cryptocurrency companies to cease all operations abroad by June 30, 2025, or face fines of up to $200,000 and a possible three-year prison sentence. This move aims to prevent the exploitation of local licenses to evade foreign regulations, putting significant pressure on exchanges and projects expanding into international markets.
2. U.S. Economic Data Causes Slight Turmoil
The JOLTS report from the U.S. Department of Labor, released today, shows a decrease in job openings compared to last month, raising expectations that the Fed will maintain a cautious monetary policy stance — the U.S. dollar weakens slightly, benefiting Bitcoin and other risk assets.
3. ETF and Token Unlocks
• Rumors that BlackRock is about to file for a spot XRP ETF have excited the market, causing XRP prices to rise across multiple exchanges.
• ARK 21Shares Bitcoin ETF (ARKB.Z) will perform a 3-for-1 stock split on June 16, expected to attract new capital flows into the Bitcoin ETF market.
• Three major token unlocks in June (ZKsync, Vana, LayerZero) will add to the supply, potentially creating short-term selling pressure.
4. Market Sentiment and Recommendations
Overall sentiment is quite cautious: the influx of economic and regulatory events in the short term may lead to increased volatility.
$BTC to the moon
❤️WISHING YOU SUCCESS❤️
