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On June 2, the U.S. Department of Justice announced that a jury found Andrew Left, founder of the well-known short-selling firm Citron Research, guilty of illegally manipulating stock market activities by using public platforms to engage in trades contrary to his publicly stated positions (reverse trading) for profit. Andrew Left is a securities analyst and trader, and a frequent commentator on business news channels such as CNBC, Fox Business, and Bloomberg Television. He has also published articles under the name 'Citron Research,' with Citron's online presence including a website and a social media account on X. From at least March 2018 to October 2023, Andrew Left exploited his social media following and public platforms to fraudulently manipulate the stock market, earning at least $21 million in quick profits. The jury found Andrew Left guilty of four counts of securities fraud, facing a maximum sentence of 25 years in federal prison.

[Founder of Citron Research Found Guilty of Illegal Stock Market Manipulation]On June 2, the U.S. Department of Justice announced that a jury found Andrew Left, founder of the well-known short-selling firm Citron Research, guilty of illegally manipulating stock market activities by using public platforms to engage in trades contrary to his publicly stated positions (reverse trading) for profit. Andrew Left is a securities analyst and trader, and a frequent commentator on business news channels such as CNBC, Fox Business, and Bloomberg Television. He has also published articles under the name 'Citron Research,' with Citron's online presence including a website and a social media account on X. From at least March 2018 to October 2023, Andrew Left exploited his social media following and public platforms to fraudulently manipulate the stock market, earning at least $21 million in quick profits. The jury found Andrew Left guilty of four counts of securities fraud, facing a maximum sentence of 25 years in federal prison.

Founder of Citron Research Found Guilty of Illegal Stock Market Manipulation

On June 2, according to data from Farside Investors, the US spot Bitcoin ETF experienced a net outflow of $484 million yesterday.

[US Spot Bitcoin ETF Sees $484 Million Net Outflow]On June 2, according to data from Farside Investors, the US spot Bitcoin ETF experienced a net outflow of $484 million yesterday.

US Spot Bitcoin ETF Sees $484 Million Net Outflow

On June 2, NVIDIA CEO Jensen Huang officially launched the AI PC chip RTX Spark during his keynote speech at GTC Taipei, integrating Arm CPU, Blackwell GPU, and unified memory, aiming to enable PCs to run AI agents locally. According to BiyaPay market data, following the speech, the AI industry chain in the U.S. stock market collectively strengthened: NVIDIA rose over 6%, with a market value increase of approximately $319 billion in a single day; ARM surged over 18% during trading, reaching an all-time high; Microsoft increased by about 2.3%. During his Computex speech, Huang specifically mentioned Nebius, leading to a more than 18% rise in NBIS; his statement that 'AI is more likely to promote rather than destroy software demand' also boosted ServiceNow and Snowflake by about 10%. BiyaPay analysts believe that the spread of AI from the cloud to the edge will elevate attention on computing power, architecture, and software sectors in the U.S. stock market, but individual stock volatility may intensify in the short term, and investors should remain cautious. BiyaPay has officially launched zero-commission trading for U.S. stocks, allowing investors to participate in U.S. stock trading directly through USDT.

[NVIDIA CEO Jensen Huang Launches AI PC, ARM Soars 18%, NVIDIA Gains $319 Billion in a Day]On June 2, NVIDIA CEO Jensen Huang officially launched the AI PC chip RTX Spark during his keynote speech at GTC Taipei, integrating Arm CPU, Blackwell GPU, and unified memory, aiming to enable PCs to run AI agents locally. According to BiyaPay market data, following the speech, the AI industry chain in the U.S. stock market collectively strengthened: NVIDIA rose over 6%, with a market value increase of approximately $319 billion in a single day; ARM surged over 18% during trading, reaching an all-time high; Microsoft increased by about 2.3%. During his Computex speech, Huang specifically mentioned Nebius, leading to a more than 18% rise in NBIS; his statement that 'AI is more likely to promote rather than destroy software demand' also boosted ServiceNow and Snowflake by about 10%. BiyaPay analysts believe that the spread of AI from the cloud to the edge will elevate attention on computing power, architecture, and software sectors in the U.S. stock market, but individual stock volatility may intensify in the short term, and investors should remain cautious. BiyaPay has officially launched zero-commission trading for U.S. stocks, allowing investors to participate in U.S. stock trading directly through USDT.

NVIDIA CEO Jensen Huang Launches AI PC, ARM Soars 18%, NVIDIA Gains $319 Billion in a Day

On June 2, Protos reported that Bitcoin treasury company Twenty One Capital received a formal notice from the New York Stock Exchange (NYSE) indicating non-compliance due to an insufficient number of independent directors on its audit committee. The company must rectify this by June 5, or it will be marked as BC (below compliance standards) starting June 9. Previously, Tether completed the acquisition of approximately 89.1 million Class A shares held by SoftBank and terminated the related governance agreement, resulting in the resignation of two directors appointed by SoftBank, one of whom was a member of the audit committee. This left the company with only one independent director on the audit committee during the transition period, which does not meet NYSE requirements. Twenty One Capital stated that it will appoint new independent audit committee members as soon as possible.

[Twenty One Capital Faces NYSE Compliance Warning, Must Appoint Independent Audit Committee Members by June 5]On June 2, Protos reported that Bitcoin treasury company Twenty One Capital received a formal notice from the New York Stock Exchange (NYSE) indicating non-compliance due to an insufficient number of independent directors on its audit committee. The company must rectify this by June 5, or it will be marked as BC (below compliance standards) starting June 9. Previously, Tether completed the acquisition of approximately 89.1 million Class A shares held by SoftBank and terminated the related governance agreement, resulting in the resignation of two directors appointed by SoftBank, one of whom was a member of the audit committee. This left the company with only one independent director on the audit committee during the transition period, which does not meet NYSE requirements. Twenty One Capital stated that it will appoint new independent audit committee members as soon as possible.

Twenty One Capital Faces NYSE Compliance Warning, Must Appoint Independent Audit Committee Members by June 5

On June 2, according to monitoring by HyperInsight, as the market declined, Maji's 25x leveraged ETH long position faced liquidation once again. He has also actively closed part of his positions. Currently, Maji still holds a 25x leveraged long position of 2,600 ETH (worth $5.17 million), with only $27 remaining until the liquidation price. The total accumulated loss in the account has exceeded $32 million.

[Maji's 25x ETH Long Position Faces Liquidation Again, Just $27 Away from Liquidation Price]On June 2, according to monitoring by HyperInsight, as the market declined, Maji's 25x leveraged ETH long position faced liquidation once again. He has also actively closed part of his positions. Currently, Maji still holds a 25x leveraged long position of 2,600 ETH (worth $5.17 million), with only $27 remaining until the liquidation price. The total accumulated loss in the account has exceeded $32 million.

Maji's 25x ETH Long Position Faces Liquidation Again, Just $27 Away from Liquidation Price

On June 2, cryptocurrency asset management company Bitwise announced on platform X that its Bitwise Hyperliquid ETF (BHYP) has surpassed $100 million in assets under management (AUM) just 11 trading days after its launch, currently reaching $105 million with a cumulative net inflow of $81.8 million and an average daily trading volume of $35.1 million. Bitwise added that BHYP is currently the only publicly disclosed fund with a wallet address for a spot Hyperliquid ETP product. Additionally, 10% of the fund's annual management fee revenue will be held in HYPE tokens on the balance sheet, with a minimum holding period of 12 months, and it will also support internal staking services.

[Bitwise: Hyperliquid ETF Assets Under Management Exceed $100 Million]On June 2, cryptocurrency asset management company Bitwise announced on platform X that its Bitwise Hyperliquid ETF (BHYP) has surpassed $100 million in assets under management (AUM) just 11 trading days after its launch, currently reaching $105 million with a cumulative net inflow of $81.8 million and an average daily trading volume of $35.1 million. Bitwise added that BHYP is currently the only publicly disclosed fund with a wallet address for a spot Hyperliquid ETP product. Additionally, 10% of the fund's annual management fee revenue will be held in HYPE tokens on the balance sheet, with a minimum holding period of 12 months, and it will also support internal staking services.

Bitwise: Hyperliquid ETF Assets Under Management Exceed $100 Million

On June 2, CNN reported on June 1, citing a regional source familiar with the US-Iran negotiations, that the talks have resumed. Earlier, Iranian media reported that negotiations with the US had been paused due to ongoing Israeli attacks in Lebanon. However, US President Trump later stated that he had spoken with Israeli officials and that negotiations with Iran were 'moving rapidly forward.' (Jinshi)

[US-Iran Negotiations Back on Track, Reports CNN]On June 2, CNN reported on June 1, citing a regional source familiar with the US-Iran negotiations, that the talks have resumed. Earlier, Iranian media reported that negotiations with the US had been paused due to ongoing Israeli attacks in Lebanon. However, US President Trump later stated that he had spoken with Israeli officials and that negotiations with Iran were 'moving rapidly forward.' (Jinshi)

US-Iran Negotiations Back on Track, Reports CNN

On June 2, Bill Zanker, a long-time business partner of Trump, announced the launch of a long-term membership program called 'Trump Coin Club' aimed at large holders of the Meme Coin TRUMP. This program will provide top holders with ongoing exclusive event privileges. Zanker stated that the inaugural 'Trump Coin Club' event will take place during next month's FIFA World Cup final, where the first 19 holders of Meme Coin TRUMP will receive a three-day complimentary 'luxury experience' that includes accommodations at the St. Regis Hotel in New York, a dinner, and access to a private box at MetLife Stadium in New Jersey to watch the World Cup final. Zanker mentioned that similar events will be held at least quarterly in conjunction with major international events. He expressed a desire to reward the best holders and encourage users to continue holding the token. Since its peak in January last year, Meme Coin TRUMP has fallen over 97%, with its fully diluted valuation dropping from nearly $75 billion on the eve of Trump's second inauguration to approximately $2 billion now. Zanker emphasized that Meme Coin TRUMP will continue to differentiate itself from other crypto products, stating, 'We are not a cartoon character; we are the largest brand on Earth.'

[TRUMP Team Launches 'Trump Coin Club' for Meme Coin Holders, First 19 Holders to Receive VIP Access for World Cup Final]On June 2, Bill Zanker, a long-time business partner of Trump, announced the launch of a long-term membership program called 'Trump Coin Club' aimed at large holders of the Meme Coin TRUMP. This program will provide top holders with ongoing exclusive event privileges. Zanker stated that the inaugural 'Trump Coin Club' event will take place during next month's FIFA World Cup final, where the first 19 holders of Meme Coin TRUMP will receive a three-day complimentary 'luxury experience' that includes accommodations at the St. Regis Hotel in New York, a dinner, and access to a private box at MetLife Stadium in New Jersey to watch the World Cup final. Zanker mentioned that similar events will be held at least quarterly in conjunction with major international events. He expressed a desire to reward the best holders and encourage users to continue holding the token. Since its peak in January last year, Meme Coin TRUMP has fallen over 97%, with its fully diluted valuation dropping from nearly $75 billion on the eve of Trump's second inauguration to approximately $2 billion now. Zanker emphasized that Meme Coin TRUMP will continue to differentiate itself from other crypto products, stating, 'We are not a cartoon character; we are the largest brand on Earth.'

TRUMP Team Launches 'Trump Coin Club' for Meme Coin Holders, First 19 Holders to Receive VIP Access for World Cup Final

On June 2, the U.S. Trade Representative's Office proposed a 25% tariff on all imports from Brazil, excluding goods already subject to Section 232 national security tariffs. (Jin Shi)

[U.S. Trade Representative Proposes 25% Tariff on All Imports from Brazil]On June 2, the U.S. Trade Representative's Office proposed a 25% tariff on all imports from Brazil, excluding goods already subject to Section 232 national security tariffs. (Jin Shi)

U.S. Trade Representative Proposes 25% Tariff on All Imports from Brazil

On June 1, the Listing Review Committee of the Shanghai Stock Exchange held its 31st meeting for 2026, and the review results indicated that Yushu Technology Co., Ltd. meets the conditions for issuance, listing, and information disclosure requirements.

[Yushu Technology's IPO Approved by Sci-Tech Innovation Board]On June 1, the Listing Review Committee of the Shanghai Stock Exchange held its 31st meeting for 2026, and the review results indicated that Yushu Technology Co., Ltd. meets the conditions for issuance, listing, and information disclosure requirements.

Yushu Technology's IPO Approved by Sci-Tech Innovation Board

From Power Infrastructure to Token Economy: The 'Seven-Layer Cake' of the AI Industry Chain

Hoskinson Reaffirms Cardano Focus After IO Treasury Proposals Pass

TechFlow Intelligence Report: Xiaomi Announces 200 Billion HKD Stock Buyback Plan, Spot Gold Falls Nearly 1%

CEO's Unexpected Passing: Will ONDO's 'Tokenization Narrative' Change?

4 Years After Terra’s Collapse, Hodlnaut’s Former CEO Faces Fraud Charges In Singapore Court

Retail Investors' 'Lead Brother' Serenity vs. Newly Minted Stock God Leopold: How Are the Two Top Hunters Mining AI's 'Physical Limits'?

One Article Deconstructs the Investment Methodology of 'Stock God Serenity'

Sharplink CEO: Ethereum's Future Is Playing Out Now

Kalshi and Coinbase Receive CFTC Approval, Ushering in the Most Regulation-Friendly Era for the Crypto Industry?

Weekly Token Unlocks: HYPE Unlocks $650M Worth of Tokens

Article

Israeli Prime Minister Orders Strikes on Southern Beirut

Yushu Technology's IPO Approved by Sci-Tech Innovation Board

Disclaimer：The content above does not represent HTX's positions.，HTX does not provide any trading recommendations.。

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