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Overview of Key Overnight Developments on June 5

Overview of Key Overnight Developments on June 5

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金色财经金色财经2025/06/04 23:45

1. Circle's IPO was oversubscribed by more than 25 times; 

2. The Blockchain Group will seek shareholder approval to raise 100 billion euros to accelerate its Bitcoin reserve strategy; 

3. The CLARITY Act is stalled due to controversy over Trump's cryptocurrency investments; 

4. Circle's IPO will be priced at $31 per share, with a fundraising scale of $1.1 billion; 

5. JPMorgan plans to allow clients to use Bitcoin ETFs as loan collateral; 

6. K Wave Media sells $500 million in common stock to support its Bitcoin financial strategy; 

7. The Ethereum Foundation releases a new fiscal policy focusing on sustainability and DeFi ecosystem development, reducing annual operating expenses.

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