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📢 Daily Journal Gate Square | June 5
1️⃣ Geopolitics: Trump states he does not rule out meeting with Iran's new Supreme Leader if a final agreement is reached between the two countries.
2️⃣ Market Update: BTC recovers to $63,500; U.S. stocks closed mixed — Dow rose 1.7%, S&P up 0.4%, Nasdaq fell 0.1% as AI-related stocks pressure the index.
3️⃣ Cryptocurrency Regulation: The finance minister states that the department is gradually advancing the strategic Bitcoin reserve and insists on passing the Clarity Act this summer.
4️⃣ Market Overview: Serenity analyst is buying IBIT and ETHA today at average prices of $62,000 and $1,750 respectively, describing this as a short-term trading attempt.
5️⃣ Industry News: The cryptocurrency tax bill from the House Financial Services Committee is scheduled for a hearing early next week, accelerating the progress of cryptocurrency tax legislation.