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Michael Saylor is extremely optimistic, predicting Bitcoin will grow 30% annually over the next 20 years.
MicroStrategy Executive Chairman Michael Saylor stated that he holds an extremely optimistic view on Bitcoin, predicting that BTC will average a 30% increase each year for the next 20 years, surpassing his previous forecast of reaching $130 million by 2045.
He emphasized several key factors:
Supply scarcity: Only 450 BTC are produced daily, and almost all are purchased by institutions;
Surge in institutional demand: More than 100 publicly traded companies have already purchased Bitcoin;
Clear regulations: BTC is recognized as a commodity and can be accounted for at fair value, with banks also able to custody it;
Compared to other assets, Bitcoin's average annualized return over the past 4.5 years has been 57%, showing outstanding performance.
Saylor concluded, "I am very optimistic."

Open Loot Launches on Binance Alpha, Airdrop of 1.836 OL Tokens for Eligible Users

Open Loot (OL) has officially launched on Binance Alpha. Starting from June 8, 2025, at 6:00 (UTC), Binance users holding at least 233 Alpha Points can claim an airdrop of 1.836 OL tokens on the Alpha Events page. Claiming will consume 15 Alpha Points and must be confirmed within 24 hours; otherwise, it will be considered waived.

In addition, Open Loot will soon kick off a trading competition with a total prize pool of up to 16 million OL tokens.

Tether CEO Paolo Ardoino stated that if Tether goes public, the company's valuation could reach $51.5 billion, making it the 19th largest company in the world, surpassing Costco and Coca-Cola. He emphasized that this figure may still be a 'conservative estimate,' considering Tether's growing reserves of Bitcoin and gold. Nevertheless, the company maintains a humble attitude and is excited about the next stage of development.

However, Tether's competitor Circle (the issuer of USDC) has just gone public, currently valued at $21 billion.

The Cetus Protocol will officially resume operations on June 8, 2025, at 11:00 AM (Beijing Time), having completed a comprehensive recovery plan for the CLMM liquidity pool attack incident.
🛡️ Incident Overview: Hackers exploited vulnerabilities in open-source libraries related to CLMM to launch attacks, causing significant losses and leading to severe price fluctuations in the liquidity pool.
✅ Recovery Measures Implemented:
Fixed security vulnerabilities and completed a full system audit
Collaborated with Sui validators to recover some stolen assets
Secured a $30 million USDC loan from the Sui Foundation
Used all of Cetus's reserve funds (approximately $7 million) to replenish liquidity
Launched a compensation plan: using 15% of the total supply of CETUS tokens (5% distributed immediately, 10% to be distributed in installments over 12 months)
💧 Liquidity Recovery Status:
Affected liquidity pools have been restored to 85%–99%
LP positions are functioning normally, with NFTs serving as proof of claim
⚖️ Tracking the Attackers: Cetus has initiated lawsuits in multiple countries and continues to track the attackers. If more assets are recovered, users can choose to exchange the compensation CETUS for USDC or participate in the buyback plan.
🚀 Comprehensive Restart Plan: Cetus will upgrade monitoring systems, expand audit scope, launch a bug bounty program, and accelerate new product development, committed to building a safer DeFi future for the Sui ecosystem.

According to the conclusions of the Argentine Anti-Corruption Office, President Javier Milei did not violate public ethics when promoting the cryptocurrency Libra ($LIBRA). Milei posted on his personal account in support of small and medium enterprises but deleted the post after Libra plummeted by 90%. Although the administrative investigation has concluded, criminal and civil lawsuits are still ongoing. Two USDC wallets (worth $576 million) related to Hayden Davis, who met with Milei, have been ordered frozen by a US court.

#Milei #Libra #Argentina #CryptoScandal #Cryptogate #USDC #HaydenDavis

Michael Saylor: "Strategy is Fully Accelerated Bitcoin"

The co-founder and current executive chairman of the Bitcoin holding company Strategy (formerly MicroStrategy), Michael Saylor, delivered a victorious message to the global community, emphasizing the outstanding performance of his company and the world’s leading cryptocurrency—Bitcoin.

An infographic shared by Saylor shows that, in terms of annual return growth, Strategy's performance has outpaced major tech giants, as well as gold, and even Bitcoin itself.

According to the chart, MSTR's stock price soared by 126%, twice the increase of Tesla (66%), and exceeded Bitcoin (48%), Meta (41%), and gold (39%). Following closely are Nvidia, Amazon, Invesco QQQ Trust, S&P 500, Microsoft, Apple, and others, with significantly lower growth rates—Nvidia's annual return rate was only 17%.

Michael Saylor claimed on X (Twitter): "Strategy is Fully Accelerated Bitcoin."

#Bitcoin #MichaelSaylor #MSTR #CryptoNews #CoinPhoton

President Trump's public conflict with Elon Musk has sparked a new wave of memecoin frenzy, with the trading volume of the top five tokens accounting for 64% of the top ten on the DEX Screener in the past 24 hours, totaling nearly $556 million.
Official Trump (TRUMP) ranks first with a trading volume of $228 million, and its market cap has returned to $2 billion.
Kill Big Beautiful Bill (KBBB) follows closely with a trading volume of $131 million and a market cap of approximately $12 million.
Official Musk (MUSK) ranks fifth with a trading volume of $22 million.
President Vs Elon (PVE) ranks ninth with a trading volume of $30 million.
XPARTY, inspired by Musk's proposal for a "third party," had a trading volume of nearly $10 million on its first day.

On June 6, 2025, the Stacks-based DeFi protocol ALEX suffered an attack due to a token listing verification vulnerability, resulting in a loss of approximately $8.37 million, including 8.4 million STX, 21.85 sBTC, 149,850 USDC/USDT, and 2.8 WBTC. The vulnerability occurred in the on-chain self-listing verification logic.

ALEX Lab Foundation will fully compensate affected users in USDC based on the on-chain average exchange rate during the period of June 6, 2025, 10:00-14:00 UTC (which is 18:00-22:00 Beijing time). Affected users will receive on-chain private message notifications and claim forms before 7:00 AM on June 9 (which is 23:59 UTC on June 8). The deadline for claims is before 7:00 AM on June 11 (23:59 UTC on June 10). Upon confirmation, compensation will be issued within 7 working days.

#DecentralizedFinance #ALEXProtocol #Stacks #CryptoSecurity #USDC #Blockchain #AssetSecurity

Ripple mysteriously transferred $487 million in XRP, and there are more developments

On June 4, Ripple unlocked 1 billion XRP tokens, after the company locked 670 million tokens in escrow accounts.

Some people interpreted the transfer of 487 million XRP as a bearish signal for the XRP token. According to Coingecko data, XRP is currently priced at $2.18, up 3% in the past 24 hours.

Earlier this Friday, another 50 million XRP (worth $108 million at the time) was transferred from one unknown wallet to another unknown wallet.

https://whale-alert.io/transaction/ripple/E42221BF54FC74B2E4520313110529CE9143153245E45DECBC3BB4F9FAD59EA7

Gemini has just submitted an IPO application to the U.S. Securities and Exchange Commission (SEC), following Circle and CoreWeave, sparking a new wave of IPO excitement in the technology and cryptocurrency sectors. Although the number of shares and price range have not yet been announced, this move reflects a resurgence of investor confidence. Previously, Circle's stock price rose 167% on its first day, and CoreWeave's stock price increased by 158% over the past month. Gemini raised $400 million in 2021 and was founded by the Winklevoss brothers, who previously supported Trump.

Pump.fun is a memecoin platform on Solana, preparing for a $1 billion initial coin offering (ICO) at a $4 billion valuation, and considering a buyback model to share revenue with token holders. The PUMP token will be fully unlocked at TGE, with 25% allocated for public sale and 10% for airdrops. Since the beginning of 2024, the platform has accumulated $677 million in revenue. This ICO is seen as a key step to revitalize the Solana ecosystem.

#PumpFun #PUMPtoken #Solana #ICO #cryptocurrencynews

Elon Musk Supports Coinbase's Warning: Bitcoin May Replace the Dollar

Elon Musk recently expressed support for Coinbase CEO Brian Armstrong's viewpoint. Armstrong warned that if the U.S. cannot control its national debt, which has exceeded $36.9 trillion, Bitcoin may replace the dollar as the global reserve currency.

He pointed out that if Congress does not take action, Bitcoin will become the global reserve currency. Musk retweeted this statement, accompanied by the American flag, indirectly expressing his support. He also criticized the new fiscal spending bill, stating that "Congress is driving the U.S. into bankruptcy."

Currently, Tesla holds 11,509 Bitcoins, SpaceX holds 8,285, and Musk personally owns Bitcoin, Ethereum, and Dogecoin, with Bitcoin being the largest portion.

Grayscale indicates that as the U.S. fiscal deficit is expected to reach $5 trillion, the demand for Bitcoin is surging, intensifying concerns about the stability of fiat currency systems. Against a backdrop of loose monetary policy and an ever-expanding national debt, more and more investors are viewing Bitcoin as 'digital gold' to hedge against fiscal risks and inflation. Grayscale believes that if market confidence in the dollar continues to weaken, the trend of funds moving from traditional assets to cryptocurrencies will accelerate further.

According to Arkham data, a whale associated with Consensys purchased $320 million worth of Ethereum (ETH) from Galaxy Digital, and subsequently transferred it to a new address 0x0b2, where $120 million ETH has been staked through Liquid Collective. Such a large-scale transfer has sparked community speculation about whether Consensys is increasing its holdings in Ethereum. Such transactions may indicate institutional long-term confidence in the Ethereum ecosystem.

Binance Launches FLY and Strengthens Alpha Points Anti-Cheat Mechanism

Binance Alpha will be the first platform to launch FLY (http://fly.trade), with trading starting on June 6, with specific time to be announced.

Eligible users must use Alpha Points to claim airdrops on the event page, which will also be launched on June 6, along with specific rules.

Binance stated that some users participated in Alpha activities using bots, which affected fairness. The platform has upgraded its risk control system to enhance detection and handling of such behavior.

All forms of bot operations, including scripts, automation tools, etc., are considered violations and may lead to the cancellation of Alpha Points, as well as further restrictions on accounts.

Sonic announces airdrop of 190.5 million S tokens in June 2025

On June 3, Sonic announced that its first round of airdrops will start in June 2025, with a total distribution of 190.5 million S tokens, aimed at community users, developers, and early users participating in Opera browser activities, Sonic Arcade, and NFT Shard minting.

Eligible users can immediately claim 25% of the allocated tokens, while the remaining 75% will be locked in the form of NFTs and will be unlocked linearly over 270 days. If users wish to claim the locked portion early, they must accept a certain percentage of token burn penalty, which will decrease over time.

Sonic has also launched an NFT marketplace for users to trade airdrop rights. The platform collaborates with OpenBlock and Sentio to ensure the transparency and efficiency of airdrop data and points system.

The airdrop plan will implement regional restrictions, excluding users from sanctioned countries and regions such as the United States, Russia, North Korea, Iran, and Syria.

https://docs.soniclabs.com/funding/sonic-airdrop

Spanish coffee chain Vanadi plans to invest over $1.1 billion to buy Bitcoin, following MicroStrategy

The Spanish coffee chain Vanadi Coffee SA plans to invest over $1.1 billion to purchase Bitcoin as part of its new reserve strategy. Local media reports that the company's chairman, Salvador Martí, will propose approval for a Bitcoin accumulation plan of up to €1 billion (approximately $1.1 billion) at the board meeting on June 29, and seek financing authority to support this strategy.

Unlike many businesses that view Bitcoin as a diversified asset allocation, Vanadi intends to fully transform into a 'Bitcoin-first' company, similar to the approach taken by MicroStrategy founder Michael Saylor.

Two weeks ago, Vanadi made its first purchase of approximately $500,000 worth of 5 Bitcoins, causing the company's stock price to surge at one point, but most of the gains subsequently receded.

In 2024, Vanadi reported a loss of $3.7 million, nearly exceeding its annual revenue by $600,000. Chairman Martí hopes that Bitcoin will become a turning point for the company, similar to the returns GameStop has achieved after increasing its Bitcoin investments this year.

However, tying the company's fate to Bitcoin also carries significant risks, as Bitcoin prices are highly volatile.

WLFI airdropped 47 USD1 stablecoins, dissatisfaction due to high Ethereum fees

World Liberty Financial (WLFI), a project supported by Donald Trump, airdropped 47 USD1 (a stablecoin pegged 1:1 to the US dollar) to wallets participating in the $WLFI sale, aimed at rewarding early users and testing the airdrop system. This plan was proposed on April 8, 2025.

Screenshots of transactions on the Ethereum blockchain show that each wallet indeed received 47 USD1, but due to extremely high Ethereum fees, many users ended up with very little value, drawing criticism. For example, user Thę Rēct◎r complained about the high cost of the airdrop.

USD1 focuses on no-fee minting and redemption, utilizing Chainlink's proof of reserves to enhance transparency. However, according to CryptoSlate, five wallets control 40% of the voting rights, raising concerns about the centralization of WLFI governance.

Source: https://etherscan.io/address/0x0eb0d924a210f46b1e3801f74e5aaf769f817fa9#tokentxns

Suilend opens the second season of SEND distribution, users dissatisfied with the airdrop being too small

The DeFi platform Suilend has opened the distribution of the second season of SEND on the Sui blockchain. Users can claim SEND tokens by exchanging mSEND, and the platform operates based on liquidity pools and automated market maker (AMM) mechanisms.

This distribution has punitive fees, starting at 0.1 SUI and decreasing to 0.05 SUI after one month. However, many users are dissatisfied with the amount of rewards, with some receiving only about $0.90 worth of tokens, reflecting a common issue in the crypto community: too many participants lead to diluted rewards.