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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!
💰 $10 Points * 4 winners
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1️⃣ Follow Gate_Post
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3️⃣ Drop your answer in the comments
📅 Ends at 04:00 AM, Jun 7 (UTC)
Chinese Analyst Reveals Expected Level for Bitcoin (BTC) Price!
Peter Chung, the Research Director of the quantitative trading firm Presto, announced that they are maintaining their target for Bitcoin by the end of 2025. Chung predicts that Bitcoin will rise to $210,000 due to the impact of institutional adoption and global liquidity expansion.
In his statement, Chung said, "There has been no change in our market outlook. Our target price for Bitcoin remains at 210,000 dollars." Chung, who stated that they have also maintained their targets for Ethereum, expressed that they expect the ETH/BTC ratio to remain stable at the level of 0.05.
Despite the macroeconomic outlook and market reactions developing differently than expected, Chung considers this process a "healthy correction." According to him, this correction has paved the way for Bitcoin's repositioning as a mainstream asset.
Chung, who stated that Bitcoin has two different faces, said, "Bitcoin often behaves like a network based on user adoption, like a risky asset. However, during times of crisis, it acts like digital gold." According to Chung, Bitcoin's 'safe haven' function comes to the fore during periods of increasing doubts about the stability of the US dollar-centered financial system. Russia's attack on Ukraine (2022), the collapse of Silicon Valley Bank (2023), and the recent economic tensions are cited as examples of this situation.