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Planet Morning News: Robinhood Assets Exceed 250 Billion USD, Truth Social Submits Bitcoin ETF Registration Statement

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#Bitcoin
Odaily
753Words
Jun 5, 2025

1. Robinhood: The platform's total assets exceeded 250 billion USD in May;

2. Initial jobless claims in the US for the week ending May 31 were 247 thousand, compared to the expected 235 thousand;

3. US Treasury yields continued to decline after the release of initial jobless claims and international trade data, with the 10-year Treasury yield dropping by 4.5 basis points;

4. Truth Social submitted an S-1 registration statement for a Bitcoin ETF;

5. Ethereum's weekly active addresses reached a record high;

6. Contents of the China-US leaders' call: Both sides aim to make good use of the established economic and trade consultation mechanisms to strive for win-win results;

7. Analyst: Trump's tax bill may cause a 1.20 billion USD loss to Tesla;

8. Elon Musk criticized Trump's tax cut bill, calling it "debt servitude," while Trump expressed disappointment with Musk;

9. Circle's stock opened up over 140%, at 75.9 USD, with an after-hours price of 87.71 USD and daily trading volume exceeding 47 million USD;

10. The number of large holders of CME Bitcoin futures increased by 36% since the beginning of the year, hitting a record high;

11. Uber CEO: Considering adopting stablecoin payments to reduce operating costs;

12. CITIC Securities: Policy expectations favoring stablecoins are beneficial to cryptocurrency upside, which is also influenced by Trump's policies.

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