Cetus restarts Deutsche Bank today to consider issuing its own crypto stablecoin
Reprinted from jinse
06/08/2025·11DHeadlines
▌Cetus announced that it will restart at 9:00 today, with the liquidity pool recovery rate between 85% and 99%.
On June 8, Sui's ecological liquidity platform Cetus officially announced that it will restart UTC+8 at 9:00 today. Users will be able to access all Cetus features, including trading, managing liquidity positions, adding/removing liquidity, and claiming fees and rewards, with liquidity recovery rates in affected pools ranging from 85% to 99%. Cetus will allocate 15% of the token supply to compensate the contract, of which 5% will be collected immediately upon restart and 10% will be unlocked linearly within 12 months from June 10, 2025. The Cetus team said it has invested approximately $7 million in all available cash reserves and received a loan from the Sui Foundation of 30 million USDC to support the recovery. At the same time, the team is taking legal action to recover the remaining stolen funds in multiple jurisdictions.
▌Deutsche Bank considers issuing its own crypto stablecoin
Deutsche Bank is considering issuing its own crypto stablecoin, according to @WatcherGuru.
According to Reuters, cryptocurrency trading platform Gemini secretly applied for an IPO in the United States. Previous reports that on March 8, according to Bloomberg, people familiar with the matter revealed that crypto trading platform Gemini has secretly submitted an IPO application in the United States and is working with Goldman Sachs and Citigroup. Whether to conduct an IPO in the end is still not determined. The move comes after the Securities and Exchange Commission (SEC) terminated its investigation into Gemini without taking any action. In addition, Gemini also reached a $5 million settlement with the U.S. Commodity Futures Trading Commission (CFTC) in January this year.
Quotes
As of press time, according to CoinGecko data:
The price of BTC is US$105,575, with a 24-hour ups and downs +1.1 % ;
ETH price is US$2,515.45, with a 24-hour ups and downs +1.7 % ;
The price of BNB is US$649.66, with a 24-hour ups and downs +0.8% ;
The SOL price is US$149.98, with a 24-hour ups and downs +1.3% ;
DOGE price is US$0.184, with a 24-hour ups and downs +2.2% ;
XRP price is US$2.17, with a 24-hour ups and downs +0.3% .
policy
▌Bloomberg analyst: Meme Coin ETF is likely to be launched at a certain point in the future
Eric Balchunas, senior Bloomberg ETF analyst, posted on the X platform that it is very likely that the actively traded Meme currency ETF will appear at a certain point in the future. First, the market will usher in a large number of active cryptocurrency ETFs (expected to be in winter 2025), but the active Meme ETFs may not appear until 2026, and may also give birth to the next star fund management company.
▌BiT Global waives legal disputes with Coinbase over wBTC
BiT Global's lawyers have dropped the lawsuit against Coinbase, which involves Coinbase removing the packaging of Bitcoin token wBTC just two months after launching the competing token cbBTC. Under the agreement, the two companies will pay their respective attorney fees. BiT Global is a company supported by TRON founder Justin Sun. It has become a "strategic partner" with BitGo to provide wBTC-packaged Bitcoin tokens. The lawsuit was dismissed, meaning the lawsuit will no longer be filed.
Blockchain application
▌Health technology company Cudis launches Solana tokens to inspire users to live a healthy life
Wearable device developer Cudis has launched a token based on Solana and BNB Chain to reward users with healthy habits through their AI smart rings and longevity applications. Users earn Cudis points by using the app to track sleep, steps, and other vital signs, which qualify them for Cudis token airdrops based on usage and total points.
▌ Plume Eco-RWA Liquidity Core Facility Rooster Protocol Main Network Online
The Plume core RWA decentralized trading platform Rooster Protocol has been officially deployed to the Plume main network. The agreement is designed to provide the core infrastructure for Plume Eco-RWA asset liquidity. Rooster Protocol innovatively integrates Maverick Protocol’s automated market makers (AMM) technology to build a highly composable, DeFi native framework for RWA assets. Its core goal is to significantly improve the liquidity depth of RWA assets and to efficiently bridge the full potential of traditional finance (TradFi) and RWA financialization (RWAFi). At present, Rooster Protocol has achieved extensive ecological integration: • Asset side: Supports more than 20 RWA tokens including Nest's nALPHA, music copyright RECORD, etc. • Lending Platform: Integrate Plume eco-native lending protocols, including Solera and Mystic. • Cross-chain interoperability: Seamlessly connect leading cross-chain solutions such as Debridge, Enso, Rhino.fi. • Top DeFi applications: Attract access to well-known DeFi projects such as Origin Protocol and Midas, and lay out its RWAFi strategy in the Plume ecosystem through Rooster. This launch marks a strategic step for the Plume ecosystem in building institutional-level RWA liquidity and promoting large-scale RWAFi applications.
Cryptocurrency
▌Today 's on-chain capital flow: Base net inflow of US$7.6 million, Polygon PoS net outflow of US$10.7 million
According to Artemis data, today's Base's net inflow was US$7.6 million, Ethereum's net inflow was US$3.9 million; Polygon PoS's net outflow was US$10.7 million, and Unichain's net outflow was US$3.1 million.
▌ "Jun Zhixian's husband lost about 15 billion yuan in currency speculation" has become a hot search on Weibo
"Jun Ji-hyun's husband lost 15 billion yuan in currency speculation" became a hot search on Weibo. According to Korean media reports, Alpha Asset Management, whose husband of South Korean actress Jeon Ji-hyun, is a CEO, investing heavily in Wemade stocks, with a total amount of 35 billion won. As of June 2, the stock price fell sharply, with a book loss of approximately 15.8 billion won (about 11.66 million US dollars).
▌Coinbase Bitcoin Premium Index temporarily reported 0.0664%
According to Coinglass data, the Coinbase Bitcoin premium index is temporarily reported at 0.0664%. It is reported that the Coinbase Bitcoin Premium Index is an indicator that measures the percentage difference between the price of Bitcoin on Coinbase Pro (USD pair) and the price on Binance (USDT trading pair). Coinbase is a popular cryptocurrency exchange among U.S. investors, especially large institutions, and Binance has a larger global user base. This means that the difference between BTC prices on the two platforms can hint whether U.S. investors are putting more buying pressure on the market than global investors.
▌After a certain address was silent for 3 months, it used 340 BNB to buy 1.19 million BULLA tokens
According to lookonchain monitoring, after three months of silence, the wallet address "0xfa64" withdraws 340 BNBs (about 218,000 US dollars) from the trading platform to purchase 1.19 million BULLA tokens.
▌Tether CEO: If the market value of listed companies will reach US$515 billion, the goal will be a large hedge tool for unstable situations
Tether CEO Paolo Ardoino retweeted on X platform that if Tether goes public, the company's market value will reach $515 billion, becoming the 19th largest company in the world, surpassing Costco and Coca-Cola. The figures are pretty, but considering the current Bitcoin + gold reserves (still increasing) may be a bit pessimistic, but Tether wants to remain humble and is also very excited about the company's next stage of development. Tether aims to target large hedging tools for social instability, so the company's ERP (Equity Risk Premium) is negative. Paolo Ardoino added that Tether is not just a stablecoin, but the technology being created is a real game changer in the medium and long term. For example, in the future, AI agents will no longer use bank accounts, emails or centralized instant messaging, nor rely on cloud providers, but use Bitcoin and stablecoins (USDt, XAUt) to communicate with real-time encryption of multi-signature channels.
Important economic trends
▌Next week 's macro outlook: CPI data tests the Fed's patience again, gold will welcome directional signals
According to Kingsen, major U.S. stock indexes closed higher this week, with the S&P 500 hitting a new high in more than three months on Friday. The Dow Jones Index also rose to a three-month high. Better-than-expected non-farm employment report eased market concerns about the economy, while Tesla (TSLA.O) rebounded from a sharp decline on Thursday, and technology stocks continued to rise. However, as of June 4, U.S. stock funds had a third consecutive week of outflows due to continued concerns about U.S. trade policy. In terms of commodities, gold prices fell considerably on Thursday and Friday, but overall this week still recorded an uptrend, closing at $3311.68 per ounce. It is worth noting that although the number of new non-farm jobs in the United States in May was slightly better than expected, Trump once again put pressure on the Fed on social media, urging it to cut interest rates by 100 basis points. The following are the key points that the market will focus on in the new week: 09:30 on Monday, China's May CPI annual rate; 22:00 on Monday, the US wholesale sales monthly rate in April; 23:00 on Monday, the US New York Fed's 1-year inflation expectation in May; 1-year M2 currency supply annual rate in May; 14:00 on Tuesday, the UK's three-month ILO unemployment rate, May unemployment rate, and May unemployment benefit applicants; 15:10 on Tuesday, the European Central Bank's Management Committee Villeroye delivered a speech; 18:00 on Tuesday, the US's May NFIB Small Business Confidence Index; Wednesday at 20:30, the U.S. May CPI data was 22:30, the U.S. to June 6 EIA crude oil inventories, Cushing crude oil inventories, and strategic oil reserve inventory Thursday at 14:00, the U.S. three-month GDP monthly rate and manufacturing output monthly rate at 14:00, the U.S. seasonally adjusted commodity trade account and industrial output monthly rate at 20:30, the U.S. to June 7 initial unemployment claims, the U.S. May PPI Friday at 14:00, the Germany May CPI monthly rate final value at 14:00, the France May CPI monthly rate final value at 22:00, the U.S. June one-year inflation rate expected, and the U.S. University of Michigan Consumer Confidence Index initial value. The U.S. May CPI report released next Wednesday will test the market's optimism about interest rate cuts, because it may show that the recent decline in inflation has stagnated. In terms of other economic data, the UK will release its three-month employment report to April next Tuesday, and the market will pay attention to whether there are more signs of layoffs.
▌Federal survey: 52% of Americans are unable to cope with $2,000 emergency spending, inflation pressure continues to intensify
According to The Kobeissi Letter, the latest Fed survey shows that 52% of U.S. consumers cannot deal with $2,000 emergency spending by savings alone, and 31% cannot even afford $500 unexpected spending. In 2024, a record 37% of respondents said inflation and prices were its main financial challenges, up from 35% in 2023, 33% in 2022 and 8% in 2016.
Golden Encyclopedia
▌What is the market depth of cryptocurrencies?
In cryptocurrency trading, the market describes the market's ability to withstand large quantities of orders without a significant impact on prices.
It is a liquidity indicator that shows the number of buy and sell orders for a given cryptocurrency at different price points. So, how is the market depth displayed? Depth maps are often used to illustrate these data. It draws the buy order (bid) on one side and the sell order (quest price) on the other side to reflect the price level.
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