🔥🔥🔥 Market Brief - Monday, June 1

📊 Macro & Markets

+ Brent crude edged higher to $93, while Bitcoin continued to trade around $73K. BTC closed May down 3.61%.

+ No progress has been reported in the U.S.–Iran negotiations. A meeting involving President Trump has reportedly pushed talks back by at least another week. [CT]

🏛 Policy & Regulation

+ The U.S. House of Representatives is expected to shift its focus toward tokenization initiatives following the Clarity Act. [CT]

🏦 Exchanges & Companies

+ Coinbase officially launched INR deposits and withdrawals via the banking system in India starting June 1, reducing fraud risks associated with P2P markets. [CT]

+ Kraken has entered the Bitcoin perpetual futures market in the U.S., following Coinbase and Kaishi, as the CFTC has given the sector the green light. [CT]

🔐 Security

+ Gravity Bridge, the cross-chain bridge connecting Ethereum and Cosmos, suffered a $5.4M exploit, reportedly linked to a compromised contract key. [CT]

🗓 Economic Calendar

+ 19:15 UTC+7 | June 3: ADP Private Payrolls (May)
• Forecast: 116K
• Previous: 109K

+ 19:30 UTC+7 | June 5: Nonfarm Payrolls (May)
• Jobs Added: Forecast 95K–102K | Previous 115K
• Unemployment Rate: Forecast 4.3% | Previous 4.3%

🔓 Token Unlocks

+ June 1: EigenCloud unlocks 36.82M $EIGEN (6.55% of circulating supply), worth approximately $7.75M.

+ June 1: Sui unlocks 13.72M $SUI (0.34% of circulating supply), worth approximately $12.29M.

+ June 6: Hyperliquid unlocks 9.92M $HYPE (2.54% of circulating supply), worth approximately $713.8M.

+ June 9: HumidiFi unlocks 256.7M $WET (111.59% of circulating supply), worth approximately $17.94M.

🪂 Airdrops

+ EXP Season 2 Snapshot has received a new update from SoSoValue. [CT]
#DailyHighlights