On June 4, U.S. Treasury Secretary Janet Yellen revealed during a Senate Finance Committee hearing that the Treasury is advancing its strategic Bitcoin reserve plan at "deliberate speed." This reserve is driven by a previous executive order from Trump, primarily utilizing Bitcoin obtained through criminal or civil forfeiture as a funding source. Yellen acknowledged that the process is complex but emphasized that best practices will be employed to ensure long-term stability. In April, the White House digital assets advisory team indicated that a significant announcement was forthcoming, but no further progress has been reported to date.
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U.S. Treasury Secretary Reveals Strategic Bitcoin Reserve Plan Progressing at Deliberate Speed
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Rubio Reaffirms End of U.S. Military Actions Against Iran
On June 4, local time June 3, U.S. Secretary of State Rubio stated during a hearing held by the House Appropriations Committee that the U.S. military operation 'Epic Fury' against Iran has concluded, claiming that the U.S. has 'achieved victory.' Rubio noted, 'We are no longer continuing strikes against targets within Iran, as the 'Epic Fury' operation has ended.' He also mentioned that despite the significant damage inflicted on Iran's military capabilities by the U.S. and Israel, Iran 'still retains certain drone and naval combat capabilities.' (CCTV News) -
BTC Falls Below $66,000
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On June 3, Bridgewater founder Dalio stated that the artificial intelligence bubble will ultimately burst. -
Marvell Technology Surges Over 11%, Continues to Set New Highs with Market Value Increasing by Over $90 Billion in Two Days
Following a surge of over 32% yesterday, Marvell Technology (MRVL.US) initially rose over 11% today, reaching a peak of $324.15, continuing to set historical highs, with a cumulative market value increase of over $90 billion in two days. The 2x leveraged MRVL ETF also saw an initial rise of over 20%. On the news front, NVIDIA CEO Jensen Huang recently praised Marvell Technology's value in the AI infrastructure supply chain at the Computex 2026 computer exhibition, stating it is destined to become the 'next trillion-dollar company.' Additionally, Marvell Technology recently reported a 28% year-on-year increase in Q1 revenue to $2.418 billion, a new high; given the strong performance of AI-related orders, management has raised revenue outlooks for fiscal years 2027 and 2028. -
Meta Enters New Phase of AI Monetization: WhatsApp Launches Business AI Agent
On June 3, according to the Financial Times, as Meta seeks to create new significant revenue sources for WhatsApp, business users will soon be able to utilize AI agents to automatically respond to customer messages. This move is one of the first initiatives by Meta to commercialize its latest multi-billion dollar investment in AI, moving beyond reliance on its core advertising business. The new product, 'Business AI Agent,' has completed testing in a few markets over the past months and is now being rolled out globally. This tool can automatically reply to customer messages, provide businesses with operational feedback and data insights, and in some scenarios, complete sales conversions or appointment scheduling without human intervention. In the future, this feature will also expand to the Instagram messaging system. Meta CEO Mark Zuckerberg stated via video at a product launch event in London on Wednesday, 'A few years ago, I said that every business would eventually have its own AI agent, just as every company today has an email, website, and social media account. The pace of this development is even faster than I expected.' -
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Poland's Gold Reserves Increase to 613 Tons
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