On the morning of June 3, a cluster of significant updates emerged from the global crypto and tech sectors. Odaily Planet Daily’s news roundup captures policy shifts in artificial intelligence, institutional Bitcoin accumulation, new platform features, and milestone on‑chain transactions.
Policy and Tech Corporate Developments
U.S. President Donald Trump signed an executive order aimed at fostering innovation and security in advanced artificial intelligence. While detailed provisions have yet to be fully disclosed, the order is widely seen as potentially laying the groundwork for an AI regulatory framework. On the same day, the U.S. Senate officially placed the Clarity Act on its legislative calendar, with a full chamber vote as the next major step. If enacted, the bill would significantly reshape the classification and oversight of digital assets. Meanwhile, SpaceX is reportedly preparing for an initial public offering at $135 per share, which would value the company at $1.75 trillion, placing it among the largest IPOs in history.
Institutional Accumulation and Trading Innovations
In the crypto market, institutional inflows continued apace. Bitcoin treasury company Strive disclosed an additional purchase of 2,500 BTC, raising its total holdings to 19,000 bitcoins. Strategy, for its part, proposed increasing the dividend frequency of its STRC shares from once to twice a month, a move aimed at enhancing shareholder appeal. Coinbase invested in the Ethena protocol by acquiring ENA tokens on the open market and hinted at further collaboration to be announced. Fundstrat co‑founder Tom Lee commented that Strategy’s sale of bitcoin alongside outflows from bitcoin ETFs represents typical accumulation-phase behavior rather than a market risk signal. Additionally, Capital B is seeking financing authorization of up to $122 billion with the stated goal of further increasing its bitcoin exposure.
On the platform and on‑chain innovation front, Polymarket announced the completion of its first institutional‑grade block trade in the six‑figure range. The trade was based on the pricing of Nvidia H100 GPU computing power, marking a significant step toward institutionalization of prediction markets. Binance’s mobile app officially launched its prediction market functionality, powered by predict.fun, offering users a fresh on‑chain betting experience.