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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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📅 Ends at 04:00 AM, Jun 7 (UTC)
Ethereum Name Service (ENS) To Rebound? Key Emerging Pattern Suggests Potential Upside Move
Date: Mon, June 02, 2025 | 04:59 PM GMT The cryptocurrency market experienced a sharp pullback recently, dragging most major tokens into the red. Bitcoin (BTC) briefly dropped to around $104,000, while Ethereum (ETH) slipped to $2,550—both retracing from recent highs. This mini correction also impacted several altcoins, including Ethereum Name Service (ENS). ENS posted a weekly decline of over 4%, cutting into its monthly gains which now sit at 13%. Yet, despite this pullback, the chart is beginning to reveal something promising—a well-known structure that could signal the next bullish move.
Source: Coinmarketcap Power of 3 in Play? Looking closely at the 4-hour chart, ENS appears to be forming a “Power of 3” setup — a price pattern with three distinct phases: Accumulation, Manipulation, and Expansion. Accumulation Phase From around May 8 to May 30, ENS traded sideways in a tight range between $25.20 and $21.30, creating what looks like a classic accumulation zone. This range is highlighted in gray on the chart.
ENS 4H Chart/Coinsprobe (Source: Tradingview) Manipulation Phase On May 31, $ENS suddenly dropped below the range, hitting a low of $19.80. This move likely triggered a wave of stop-losses and emotional selling—textbook signs of the manipulation phase. This false breakdown, or "liquidity grab," may have been designed to shake out weak holders before a potential reversal. What’s Next for ENS? If ENS can reclaim $21.30, it would signal strength and could confirm a move into the expansion phase of the Power of 3. A solid breakout above $25.20 would likely draw fresh momentum buyers, setting the stage for a stronger rally. The potential upside target based on this pattern sits around $30.60, representing a 45% gain from current levels. The MACD indicator at the bottom of the chart shows a narrowing gap between the MACD line and the signal line, with the histogram flipping into positive territory. This suggests early signs of bullish momentum building, supporting the possibility of an upward breakout. Disclaimer: This article is for informational purposes only and not financial advice. Always do your own research before making any investment decisions in the crypto market.