MarsBitNews

According to Mars Finance news, on June 7th, official data from the Central Bank of China showed that China's gold reserves at the end of May were 73.83 million ounces (approximately 2,296.37 tons), an increase of 60,000 ounces (approximately 1.86 tons) from the previous month, marking the seventh consecutive month of gold accumulation. (Jin10)

According to Mars Finance, Dmitry Medvedev, Deputy Chairman of the Security Council of the Russian Federation, stated on social media: "We are ready to assist D (Donald Trump) and E (Elon Musk) in reaching a peace protocol and accept Starlink shares as payment at a reasonable cost. Don't fight, guys." (Jin10)

According to Mars Finance, dYdX tweeted that currently more than 52 million ethDYDX have not yet been migrated to the dYdX Chain. The final on-chain proposal is expected to be released on June 9, 2025, to terminate support for the Ethereum -dYdX cross-chain bridge.

According to Mars Finance news, the market shows that BTC has rebounded and surpassed 103,000 USD, currently reported at 103,056.65 USD, with a 24-hour fall of 1.51%.

According to Mars Finance, Elon Musk, the founder of the American space exploration technology company (SpaceX), stated that in light of President Trump's announcement regarding the cancellation of government contracts, SpaceX will immediately begin retiring its "Dragon" spacecraft. It is understood that current manned space activities in the United States heavily rely on SpaceX's "Dragon" spacecraft.

According to Mars Finance news and Coinglass data, the total liquidation amount across the network in the past 4 hours reached 634 million USD, with long orders being liquidated at 606 million USD and short orders at 27.4918 million USD.

Mars Financial News, on June 5, Euler, an Ethereum-based decentralized lending protocol, announced the launch of a new product, Frontier, an isolated market template for specific stablecoins, supporting stablecoins and their derivatives, USDC as the only blue-chip asset that can be borrowed with a loan-to-value ratio of 91% or 95%, an adaptive interest rate, and the market also includes basic oracles and EulerSwap.

According to Mars Finance, data from unfolded shows that the number of weekly active addresses on Ethereum has reached an all-time high. The number of addresses participating in the Ethereum ecosystem exceeded 17 million last week, a rise of 16.95% compared to the previous week.

Original author: Tim
Reprint: Daisy, Mars Finance
The title of this article makes you think: "Is hooem crazy?" But after reading the whole article, you will exclaim, "I must be ready for the big bull market!" "Yes, Bitcoin has soared from $16,000 to $110,000 in three years, but has the real bull market really begun? I know this sounds crazy, but there is evidence that the "real" bull market is not yet in motion due to macroeconomic constraints.
Despite witnessing the largest institutional entry in history for Bitcoin, altcoins have performed poorly throughout the entire cycle, even experiencing several mini-bear markets during this period.
My real-time image: A man in his twenties is waiting for the bull market.
I watched a video by Jesse on YouTube, where he delved into the reasons behind the crypto bull markets in 2013, 2017, and 2021. No, it's not just about the four-year cycle.

According to Mars Finance news on June 5th, Ledger, the encryption hardware wallet, officially announced native support for the XION network, expanding XION's reach to over 6 million new users. Users can securely manage XION assets through Ledger and seamlessly access the already deployed 200+ XION ecosystem. This cooperation simplifies the on-chain process and enhances asset security, marking a key step for traditional users to transition to Web3.