MorningLightInAGlassBottle

🚨🚨 The funding channel behind Strategy's $BTC buying has stalled.
STRC, the preferred share it sells at $100 to fund coin purchases, has fallen to a record $85.72.
Below that level the issuance stops, and no STRC-funded buy has happened since 26 May.
$BTC

CryptoWorld News reports that the commodity trader "WTI Crude Oil TOP 1 Short" has opened a new GOLD short position of 919.56 units, with an opening price of $4,348.46, a current price of $4,345.69, and a current settlement price of $6,412.18. The position size is $3,996,138.41. This address holds $33 million in WTI crude oil short positions, prefers to open commodity-related positions, indirectly involved in US stock-related trading, with a monthly profit of $17 million.

CryptoWorld News: U.S. President Trump: I am the one who makes the decisions on this matter; everything is under my control. He (Netanyahu) does not have the final say. The attack by Iran has not changed my willingness to reach an agreement.

According to Livecoins, since the enactment of Law No. 14,478/2022 in Brazil and the central bank's release of new regulations on virtual asset supervision, local Bitcoin P2P traders have been facing significant operational pressures. Several interviewed P2P operators stated that the new regulations set high thresholds for virtual asset service providers (VASPs), including a minimum capital requirement of approximately $2.26 million, with exchange-related thresholds reaching up to about $5.66 million, and demanding complex compliance, auditing, and system architecture. Industry insiders believe that the rules lack proportionality, which could make it difficult for small traders to continue operating, leading to market concentration among large institutions, with some independent operators shifting to informal channels or relocating their businesses to overseas jurisdictions with weaker regulations.

Gate.io News reports that, according to a June 3 report by CNN, the Inspectors General of three U.S. departments—the U.S. Department of Defense, the U.S. State Department, and the U.S. Agency for International Development—have launched a joint review into the U.S. launching war against Iran, and announced that, according to law, they are authorized to review overseas military operations that continue for more than 60 days. Under the U.S. War Powers Act, after the president initially notifies Congress of the use of military force, they must decide within 60 days either to stop the military action or to seek authorization from Congress to continue fighting. Earlier, on May 1, U.S. President Trump sent a letter to Congress saying that U.S.-Iran hostilities had “ended,” in an effort to bypass the “60-day deadline.”

CryptoWorld News reports that Liu Fei conducted a special investigation into the development of the embodied intelligence industry on the afternoon of June 3. He emphasized that advancing the development of the embodied intelligence industry ahead of others and serving as a model will provide strong support to speed up the building of the “First City” for artificial intelligence innovation and development.

According to CNN, Trump made modifications to the proposed Iran deal after meeting with advisors, extending negotiations by a week and emphasizing the need for tougher language on Iran's nuclear commitments and the reopening of the Strait of Hormuz, while also expressing concern over possible economic relief language. Trump stated he would take control of destroying Iran's high-enriched uranium stockpile, and the agreement does not involve a cash exchange, but Iran insists that any deal must include financial arrangements, and the disagreements between the two sides remain unresolved.

Wu Shuo learned that Hong Kong Securities and Futures Commission Chairman Anthony Wong Tien-You spoke at the "Digital Hong Kong Financial Summit 2026," co-hosted by the Financial Research Institute of Hong Kong University of Science and Technology and the Global Development Research Institute of Tsinghua University, stating that the 2025 transaction volume of 12 licensed virtual asset trading platforms in Hong Kong exceeded HKD 640 billion, with the first quarter's transaction volume this year increasing nearly threefold year-on-year.
Anthony Wong said that Hong Kong will optimize its comprehensive virtual asset regulatory framework at the institutional level, covering key aspects such as custody, trading, asset management, and investment advisory. The public consultation on the relevant licensing system has been completed and will be finalized with the Hong Kong Treasury Bureau to draft legislation, aiming to submit the bill to the Legislative Council in 2026 to establish a regulatory system fully aligned with international standards, strictly implementing the principle of "same business, same risk, same rules."

According to CryptoWorld News, Wu has learned that Huang Tianyou, Chairman of the Securities and Futures Commission of Hong Kong, said at the “Digital Hong Kong Financial Summit 2026” that the 2025 trading amount of 12 Hong Kong licensed virtual asset trading platforms is expected to exceed HK$640 billion. This year, the trading amount in the first quarter has increased by nearly three times year-on-year. He said that Hong Kong will optimize, at the institutional level, a comprehensive regulatory framework for virtual assets, covering key areas such as custody, trading, asset management, and investment advisory. At present, the public consultation on the relevant licensing regime has been completed. It will be finalized together with the Hong Kong Financial Services and the Treasury Bureau on legislative proposals, with the goal of submitting a draft ordinance to the Legislative Council in 2026 to establish a regulatory system fully aligned with international standards.

CryptoWorld News reports that, according to The Financial Times, the United States and the United Kingdom plan to strengthen cooperation in the field of cryptocurrency regulation. UK Chancellor Rachel Reeves and U.S. Treasury Secretary Scott Bessent discussed this collaboration during their meeting on Tuesday. Representatives from financial institutions and crypto firms, including Bank of America, Barclays, Circle, Citibank, Coinbase, Ripple, and others, also attended the meeting.