Midday Key Developments on June 4

7:00 (UTC+8) - 12:00 (UTC+8) Key Words: mining machine, FG Nexus, Bitwise1. Most old-generation Bitcoin mining machines have reached the shutdown coin price;2. US Treasury Secretary Bessant: 3.8% inflation is only a short-term disturbance;3. FG Nexus sold ETH, resulting in a book loss of over $85 million;4. The US CFTC follows the SEC in abolishing the "no-deny" policy in settlement agreements;5. Bitwise CEO: SpaceX's IPO valuation may approach the entire crypto market excluding stablecoins;6. A rare Casascius physical Bitcoin worth $1.78 million was activated after 12 years of dormancy;7. Polymarket suspects competitor Kalshi may be monitoring its New York office and staff;8. CryptoQuant founder: Cumulative BTC inflow from ETF and Strategy has surpassed Satoshi’s holdings.