Crypto and Finance Headlines June 4th: Ethereum's Rise and US Financial Concerns

On Wednesday, June 4, several pivotal developments in the financial and crypto sectors emerged. Donald Trump signed an order to increase tariffs on steel and aluminum, potentially impacting manufacturing costs. Ethereum is predicted to become the foundation of a new financial system, highlighting its growing importance in global finance. World Liberty Financial announced an airdrop, while James Winn discussed the M2 money supply. Vanadi plans to purchase $1.1 billion worth of Bitcoin, signaling significant institutional interest. Trump also commented on Xi Jinping, and his team is reportedly transferring tokens to exchanges. The Moscow Exchange has launched futures trading on a Bitcoin ETF, and concerns about the US approaching bankruptcy levels persist. Strategy has initiated sales of ties, and Vitalik Buterin is transferring assets into a privacy protocol. Winn’s goals and Tether's focus on emerging markets are also noteworthy. Bybit is distributing 2.5 million LA tokens, and Trump has commented on the Federal Reserve’s rate. Winn is actively raising donations, while Russia’s Central Bank has increased oversight of transfers. Winn faced liquidation of $25 million, and there are discussions about crypto-backed loans and removing the debt ceiling. Ethereum Foundation is updating its policies, and the US appears to be progressing toward debt servitude. A blockchain version of Flappy Bird is also in development.