ChainCatcher message, Musk once again posted to deny Trump's remarks, stating that he is not familiar with the "tax bill," "Incorrect, this bill has never been shown to me even once, and it was passed quickly in the middle of the night, with almost no members of Congress able to read it!"Previously, Trump claimed that Musk "knows more about the details of this bill than almost anyone."

ChainCatcher news, according to Jin10 reports, institutions report that by the end of this year, Trump's massive tax bill will largely eliminate the tax credit of up to $7,500 for certain Tesla models and other electric vehicle buyers, seven years earlier than originally planned.JPMorgan analysts stated that this will result in a hit of about $1.2 billion to Tesla's annual profits. Since leaving his official advisory position at the White House last week, Musk has been preventing the president from signing the tax bill, which he called "disgusting." Musk has been lobbying Republican lawmakers— including directly appealing to House Speaker Johnson—to retain the electric vehicle tax credit in the legislation.

ChainCatcher news, according to Jinshi Data reports, Robinhood (HOOD.O) stated that the total assets on the platform exceeded $250 billion in May.

ChainCatcher news, according to official information, the universal application layer protocol Skate has officially announced its token economic model today. According to the official disclosure, the initial total issuance of the native token SKATE is 1 billion tokens, of which 45.5% will be allocated to the community, 18% for ecosystem development and reserves, and 10% reserved for the team. Notably, the project team has also set aside 10% of the tokens for initial airdrop rewards.The SKATE token will serve as the fundamental functional token of the protocol, while also taking on governance functions.

ChainCatcher news, Amazon announced on Wednesday that it will invest $10 billion to build new data centers in North Carolina as part of its efforts to expand its artificial intelligence and cloud computing infrastructure.The company stated in a press release that this investment is expected to strengthen new compute-intensive workloads and help expand Amazon's capabilities to support businesses built using artificial intelligence.North Carolina Governor Josh Stein said, "Amazon's investment is one of the largest in the state's history and will bring hundreds of high-paying jobs and economic development to Richmond County."

ChainCatcher news, according to Decrypt, the California Assembly passed AB-1052 on Tuesday with a unanimous vote of 78-0. This bill stipulates that if cryptocurrency holders do not demonstrate "ownership interest" in their assets for three consecutive years, the state government may take over these "unclaimed" digital assets. "Ownership actions" include transactions or electronic access to accounts.Unlike the concerns raised on social media, supporters of the bill emphasize that the seized crypto assets will be held in their original form by custodians, rather than being liquidated by the state government. Holders can reclaim their assets at any time, avoiding the risk of forced sales under unfavorable market conditions.The bill essentially incorporates cryptocurrency into the same unclaimed property law framework as traditional assets (such as bank accounts and safe deposit boxes). The bill has been submitted to the California Senate for further review, where it may be amended, vetoed, or passed as is.

ChainCatcher news, according to The Block, during the review of the "Digital Asset Market Clarification Act" (CLARITY) by the U.S. House Financial Services Committee, some Democratic lawmakers questioned President Trump's involvement in cryptocurrency, stating that it could constitute a conflict of interest and interfere with the legislative process. The 236-page bill aims to clarify the regulatory responsibilities of the SEC and CFTC regarding the cryptocurrency market and requires companies to disclose information and separate customer funds.Although the bill has some support from Democrats, Democratic lawmakers are calling for the inclusion of conflict of interest provisions, or they will oppose its passage. The committee is expected to continue its review next week.

ChainCatcher news, according to CoinDesk, stablecoin issuer Circle has completed its IPO on the New York Stock Exchange at $31 per share, exceeding the original expected pricing range ($24-26), raising $1.1 billion, and achieving a valuation of $6.2 billion. The stock code is "CRCL," and trading will begin on Thursday.The IPO originally planned to issue 24 million shares but was expanded to over 34 million shares due to surging demand. Circle issues USDC, the second-largest stablecoin in the U.S., and its listing comes at a time when U.S. lawmakers are pushing for stablecoin regulatory legislation.

ChainCatcher news, according to Bitcoin News, The Blockchain Group will hold its annual general meeting on June 10, 2025, seeking shareholder approval to raise €10 billion to accelerate its Bitcoin reserve strategy.

ChainCatcher message, James Wynn posted on social media: "My goal is to earn 1 billion dollars through contract trading in this cycle, and I believe I can do it. Remember my name is Wynn, James Wynn. The altcoin season will only come when Bitcoin reaches a new all-time high."

ChainCatcher news, according to data platform Santiment monitoring, Bitcoin spot ETFs have seen a net outflow of funds for three consecutive days, totaling $1.21 billion. This is the first time since the second week of March that weekly fund outflows have exceeded $1 billion.

ChainCatcher news, Velocity Capital investor DeFi Cheetah posted on X stating that through an unverified private channel, he heard rumors about the financing of pump.fun including:No airdrop, but a whitelist will be set for the public sale;The financing target for the public sale is $800 million, with a valuation of $5 billion;VC will also have a quota of $200 million, with the same valuation of $5 billion;The public sale will take place on most mainstream CEXs, which are all preparing for it.Previously, Blockworks reported earlier that pump.fun plans to raise $1 billion through token sales, with a valuation of $4 billion.

ChainCatcher news, according to Cointelegraph, the California Assembly passed a bill with a unanimous vote of 68-0, allowing the state to accept Bitcoin and other digital currencies as a form of payment. The bill will now be submitted to the Senate for further consideration.

ChainCatcher news, according to BeInCrypto, the Spanish coffee brand Vanadi Coffee is investing $1.1 billion to establish a BTC reserve fund. Vanadi plans to transition from a coffee business to a BTC business in the future. Salvador Martí, chairman of the board of Vanadi Coffee, stated, "We will ask the board to issue convertible bonds to create the BTC reserve fund." This strategy aims to reverse the company's projected loss of $3.7 million in 2024.

According to ChainCatcher, citing multiple informed sources from Blockworks, Pumpfun plans to conduct a $1 billion token sale at a fully diluted valuation (FDV) of $4 billion, targeting both public and private investors. The token is expected to launch within the next two weeks, but it is still uncertain whether it will be issued through its own platform.Previously, Pumpfun co-founder Alon had posted to deny rumors regarding the potential launch of a token by Pumpfun.

ChainCatcher news, Arkham stated on social media that Satoshi Nakamoto is now richer than Bill Gates, with:Satoshi Nakamoto's net worth: $116.7 billionBill Gates' net worth: $116.2 billion

ChainCatcher message, according to the data panel of @pandajackson42, on May 30, Binance Alpha trading volume reached $1.98 billion, with ZKJ trading volume at $1.31 billion, MERL trading volume at $216 million, and KOGE trading volume at $192 million leading the way.

ChainCatcher news, according to CoinDesk, the current price of XRP is about $2.20, with open interest surging to nearly $5 billion, indicating a high level of speculative sentiment in the market. Bitget analysts point out that XRP is currently in a narrow trading range, and if a catalyst occurs, it could trigger a rapid rise and lead to short covering. However, if market sentiment weakens, high leverage could also trigger large-scale liquidations.

ChainCatcher news, according to Cointelegraph, the U.S. Senate is currently negotiating amendments to the bipartisan GENIUS Act, with a vote possibly taking place as early as June 9.