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- Community Morning Brief — Top Headlines 🔹 June 4, 2025
1. Data: Institutional buyers have increased their Bitcoin holdings by 417,000 BTC so far in 2025.
2. The U.S. has presented Vietnam with a complex list of demands in tariff negotiations.
3. Arkham stated on social media that Satoshi Nakamoto’s net worth has now surpassed Bill Gates’.
4. Trump’s Truth Social has filed an application for a Bitcoin ETF.
5. Bloomberg analyst: IBIT’s Bitcoin holdings could surpass Satoshi Nakamoto’s by the end of next year, becoming the world’s largest Bitcoin holder.
6. Attendees of Trump’s crypto dinner rec - #Satoshi Net Worth Tops Bill Gates#
Arkham announced on social media that Satoshi Nakamoto is now wealthier than Bill Gates, with a net worth reaching $116.7 billion compared to Gates' $116.2 billion.
💬 What does this mean for the crypto market? How will Satoshi's wealth impact Bitcoin's future and interest from mainstream investors?
#Trump BTC ETF Application#
Truth Social, operated by Trump Media & Technology Group, has applied for a Bitcoin spot ETF through a partner. The fund aims to track Bitcoin's spot price performance. If approved, Truth Social would be the first social media platfor - 👀 #GateCryptoGiveaway# - Whose eyes are these?
Memecoin Quiz: Guess the memecoins based on the eyes below!
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📅 Ends at 04:00 AM, Jun 7 (UTC)
The DeFi narrative heats up as XRP holds above the 200-day SMA.
Gate News bot message, as discussions about XRPFi (i.e., DeFi on the XRP Ledger) heat up on social media, XRP, which focuses on payments, has maintained its position above the 200-day Simple Moving Average (SMA) during overnight trading.
Strobe Finance stated that a large amount of XRP is currently idle and can be deployed to the DeFi space for additional returns. According to reports, Strobe Finance has created a DeFi platform on the XRP Ledger using the smart contract capabilities of the Ripple EVM sidechain.
"Ripple's community research reveals a vast dormant user base: over 4 million inactive XRPL wallets hold approximately $2.15 billion worth of XRP, while the number of active wallets stands at 1.7 million. These dormant funds represent a significant, untapped market, eagerly awaiting to be unlocked through attractive Decentralized Finance opportunities," Strobe stated in a blog post.
The chart shows that XRP trading is in a bullish zone, above the Ichimoku Cloud and the 200-day simple moving average (SMA). Since the beginning of April, this average has been a strong support or area of interest for buyers.
Source: CoinDesk