MarsBit News

Mars Finance news, El Salvador has increased its holdings by 8 bitcoins in the past 7 days, bringing its total bitcoin holdings to 6,204.18 bitcoins, with a total value of 674 million USD.

According to Mars Finance, Japanese Prime Minister Shigeru Ishiba has decided to raise the issue of North Korea's malicious actions, such as stealing cryptocurrency through cyberattacks, at the G7 summit to be held in Canada from June 15 to 17. He is calling for countries to strengthen cooperation in response. Sources indicate that North Korea is believed to use illegally obtained cryptocurrency to fund the development of weapons of mass destruction. This may be the first time the G7 formally discusses this issue. Ishiba plans to emphasize the importance of countermeasures at a meeting concerning the Indo-Pacific situation and is seeking unity among member states in response. Additionally, reports mention that some voices accuse China of assisting North Korea in liquidating cryptocurrency assets. Japan and the United States have also revealed issues of North Korean personnel disguising their identities to take on IT jobs and transferring payments back to North Korea.

According to Mars Finance, according to an article on the "C Labs Crypto Observation" public account, sources close to the X platform team revealed that the recent large-scale blocking of crypto KOLs may be related to a meme coin called PPMT on the GMGN platform. The X platform may believe that GMGN and its associated KOLs are the promoters of the meme coin, violating the platform's regulations on misleading content. X rules indicate that accounts may be temporarily or permanently blocked due to reports of abuse (such as misleading content or security risks). GMGN insiders said that the company is operating normally and is communicating with the X platform team about unblocking. It is reported that the X platform has previously blocked specific accounts, including critics and competitors, due to Musk's personal will.

According to Mars Finance news on June 12, as reported by Beincrypto, Ripple CEO Brad Garlinghouse stated at the XRP Ledger Apex 2025 held in Singapore that the XRP Ledger is expected to capture 14% of the liquidity in the global cross-border payment system within five years.

According to Mars Finance news on June 12, based on the data panel from @pandajackson42, on June 11, the trading volume of Binance Alpha reached 1.38 billion USD, with ZKJ trading volume at 949 million USD, KOGE trading volume at 252 million USD, and TAIKO trading volume at 97.66 million USD leading the ranks. The trading volume yesterday declined by approximately 18% compared to the trading volume of 1.68 billion USD on June 10.

According to Mars Finance, on June 12, the stablecoin project Plasma officially announced that at 8 AM today, an emergency temporary notice was issued, and the deposit limit was reopened at 9 AM to reduce the presence of bots and snipers, creating space for genuine participants. The $1 billion in raised deposits is not the XPL sale itself; the public sale of XPL has not yet begun, and all funds will be bridged to the Plasma mainnet testnet, fully owned by the depositors. Depositors will participate in the sale based on the final unit ownership at the time of lock-up. The terms of the public sale remain unchanged: a total of $500 million worth of XPL tokens will be sold, with a fully diluted valuation of $5 billion.

According to Mars Finance, reported by Bloomberg, Singapore regulators are urging unlicensed cryptocurrency trading platforms to exit the country’s operations as soon as possible. A spokesman for the Monetary Authority of Singapore stated, 'This should not come as a surprise to the industry, as we have expressed our position on such service providers on various occasions. Licensed entities are not affected by the new regulations.'

Mars Finance reports that on June 12, the official X platform recently froze multiple accounts related to the crypto community, including Shapolang @Wolfy_XBT, Wang Xiaoer @brc20niubi, Wizard @0xCryptoWizard, gake @Ga__ke, GMGN official account @gmgnai, GMGN founder account @haze0x, etc. The specific reasons are unknown. Yesterday, the official X account of ElizaOS @elizaOS and its founder Shaw's account @shawmakesmagic were also frozen, and the TRUMP wallet official website associated X account was once frozen and then unblocked; the current reason for the freeze is unknown.

According to Mars Finance, on June 12, DWF Labs partner Andrei Grachev stated on platform X that DWF Labs currently holds 5 million NEAR and has staked 6 million NEAR. He called on the NEAR team to reduce the inflation rate to 2.5% to enhance the long-term value of the token and promote ecological growth. If this is achieved, DWF Labs will increase its holdings by another 10 million NEAR in the secondary market.

According to Mars Finance news on June 12, monitored by EmberCN, the whale 'kyoyo' currently holds a nominal position of 134 million USD in BTC short positions. They shorted 1240 BTC with 40x leverage, opening at a price of 108,762 USD and a liquidation price of 116,490 USD.

According to Mars Finance, researchers at Cornell Tech in New York have released an innovative technology application case called 'Liquefaction.' This technology allows users to temporarily control blockchain assets held by others, such as Bored Ape NFTs, under specific conditions, without actually owning them. In the demonstration, users only need to pay about $2 to temporarily use an NFT valued at $50,000, but they cannot perform actions like selling. The research team pointed out that this technology could impact the security models of various blockchain applications, including DAO voting, airdrops, and loyalty points.

Mars Finance reports that on June 12, U.S. President Trump will sign an executive order at the White House on Thursday at 3:30 PM (Beijing time next day at 3:30 AM). (Jin Shi)

Written by: White55, Mars Finance

Legislative Process: The Dramatic Turn from 'Near Death' to 'Resurrection'

From May to June 2025, the political and financial battle in the U.S. Senate surrounding the (GENIUS Act) (full name: Guidance and Establishment of United States Stablecoin National Innovation Act) can be described as an epic conflict intertwined with politics and finance. This bill, aimed at establishing the first federal regulatory framework for the $250 billion stablecoin market, experienced a thrilling reversal from 'procedural death' to 'bipartisan compromise,' ultimately advancing to the Senate floor debate stage with a voting result of 68 to 30. However, behind this victory lies months of mutual interests exchanged between the two parties, lobbying battles among industry giants, and the moral controversies sparked by the Trump family's 'crypto gold mine.'

According to Mars Finance, on June 12, Trump posted on TruthSocial that the immigration 'gold card' is now open for registration, priced at 5 million dollars. Previously, on February 26, Trump stated that he was launching a program to provide residency and citizenship pathways for investors paying 5 million dollars, which offers a new avenue for legal immigration while he is also cracking down on undocumented immigrants. Trump said, 'This program, known as the 'gold card', does not require Congressional approval and will be priced at about 5 million dollars, giving you green card privileges.'

According to a report from BitcoinMagazine on June 12, F Street, an investment and private credit institution, announced the launch of a Bitcoin asset allocation program with a goal of accumulating $10 million worth of BTC. The company has started daily Bitcoin purchases using business earnings and financial funds since June 9. F Street's Chief Operating Officer, Mike Doney, stated that Bitcoin has advantages in hedging against inflation and the depreciation of the dollar, and incorporating it into the company's finances is an important strategy to protect investors' interests. The company also plans to establish a public reserve proof mechanism for stakeholders to verify its Bitcoin custody situation.

According to Mars Finance, on June 12, Zhongjin published an article stating that it is inclined to see a round of price increases in the United States in the next few months. However, unlike the period from 2021 to 2022, this round of price increases is more structural and one-off in nature, rather than being comprehensive inflation. For the Federal Reserve, moderate inflation data is good news, but officials will not make significant decisions based on single-month data. Given that the current labor market remains stable, the Federal Reserve does not need to rush to cut interest rates; officials may prefer to observe a few more sets of data before making a decision. Next week, the Federal Reserve will hold its June policy meeting. Zhongjin believes that compared to the dot plot seen in March when there was no 'reciprocal tariff,' the June FOMC may slightly raise inflation forecasts. However, due to the resilience of non-farm employment and the cooling of tariffs, the Fed's judgment on growth may be more optimistic than in March. As a result, Powell's attitude in this meeting may be hawkish, which may disappoint investors hoping for a rate cut by the Federal Reserve. (Jinshi)

According to Mars Finance, the stablecoin project Plasma has announced that it will reopen the deposit limit of 500 million US dollars at 9 AM Beijing time, raising the total limit to 1 billion US dollars. Deposits will earn returns through Veda's audited treasury contracts on Aave and Maker. After the lock-up period ends, all assets will be converted to USDT. Plasma previously received strategic investment from Founders Fund, led by Peter Thiel, and in February of this year announced the completion of 24 million US dollars in financing (20 million US dollars in Series A funding and 4 million US dollars in seed funding), with Framework Ventures leading the round, and participation from cryptocurrency exchange Bitfinex, venture capitalist Peter Thiel, and Tether CEO Paolo Ardoino.

Mars Finance News, on June 12, the White House stated that it has not attempted to review government contracts signed with companies under Musk.

Original title: Invesco Hires JP Morgan Veteran to Lead Its $1.6 Billion Crypto ETF Business

Original author: Liz Napolitano

Original source: https://decrypt.co/

Compiled by: Daisy, Mars Finance

This global asset management giant managing $1.8 trillion in assets welcomes Kathleen Ryan, who will be responsible for managing crypto ETFs and other tokenized asset portfolios.

Global asset management firm Invesco (managing $1.8 trillion in assets) has announced the appointment of JP Morgan blockchain expert Katherine Ryan to lead its digital asset business. The company's crypto ETFs and tokenized asset portfolio amount to $1.6 billion. This personnel change comes at a time when institutions are accelerating their acceptance of digital assets.

According to Mars Finance, on June 12, spot gold rose over $20 in a 30-minute short-term period, currently priced at $3343 per ounce. WTI crude oil surged 5.00% during the day, now priced at $67.10 per barrel. Brent crude oil rose nearly 5%, currently priced at $69.38 per ounce.

Previously, the Associated Press reported that the U.S. State Department is authorizing non-essential personnel and their families to leave Bahrain and Kuwait.