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On June 3, BitcoinNews reported that the U.S. Clarity Act has officially been submitted by the Senate Banking Committee and added to the Senate legislative agenda. The Senate Banking Committee passed the bill on May 14 with a vote of 15 to 9. The bill was officially added to the Senate agenda on June 1 and is now eligible for consideration by the full Senate. The next key hurdle is the full Senate vote.

[U.S. Clarity Act Added to Senate Legislative Agenda]On June 3, BitcoinNews reported that the U.S. Clarity Act has officially been submitted by the Senate Banking Committee and added to the Senate legislative agenda. The Senate Banking Committee passed the bill on May 14 with a vote of 15 to 9. The bill was officially added to the Senate agenda on June 1 and is now eligible for consideration by the full Senate. The next key hurdle is the full Senate vote.

U.S. Clarity Act Added to Senate Legislative Agenda

On June 3, Arc, a subsidiary of Circle, released a teaser on social media indicating that it will announce important news on June 9 at 11 PM Beijing time.

[Arc, a Subsidiary of Circle, Announces Important News on June 9]On June 3, Arc, a subsidiary of Circle, released a teaser on social media indicating that it will announce important news on June 9 at 11 PM Beijing time.

Arc, a Subsidiary of Circle, Announces Important News on June 9

On June 3, Bitcoin News reported that the Clarity Act has officially been submitted by the Senate Banking Committee and included in the Senate legislative agenda. The Senate Banking Committee passed the bill on May 14 with a vote of 15 to 9. The bill was officially included in the Senate agenda on June 1 and is now eligible for consideration by the full Senate. The next key hurdle is the full Senate vote.

[The Clarity Act Included in Senate Legislative Agenda]On June 3, Bitcoin News reported that the Clarity Act has officially been submitted by the Senate Banking Committee and included in the Senate legislative agenda. The Senate Banking Committee passed the bill on May 14 with a vote of 15 to 9. The bill was officially included in the Senate agenda on June 1 and is now eligible for consideration by the full Senate. The next key hurdle is the full Senate vote.

The Clarity Act Included in Senate Legislative Agenda

On June 3, Galaxy announced the official launch of its institutional-grade over-the-counter (OTC) prediction market trading service through its Global Markets trading division. Hedge funds, family offices, and other institutional clients can now participate in liquidity trading of prediction markets with transaction sizes suitable for institutional scale and enhanced privacy. The product covers non-sports event contracts on Kalshi and Polymarket, encompassing economic, political, geopolitical, and other event-driven markets, with plans to integrate more platforms in the future. Additionally, these positions can be hedged with stocks, commodities, and other assets, allowing clients to construct comprehensive risk management strategies around a single event, rather than managing risk exposures in isolated asset classes.

[Galaxy Launches Institutional-Grade OTC Prediction Market Trading Service]On June 3, Galaxy announced the official launch of its institutional-grade over-the-counter (OTC) prediction market trading service through its Global Markets trading division. Hedge funds, family offices, and other institutional clients can now participate in liquidity trading of prediction markets with transaction sizes suitable for institutional scale and enhanced privacy. The product covers non-sports event contracts on Kalshi and Polymarket, encompassing economic, political, geopolitical, and other event-driven markets, with plans to integrate more platforms in the future. Additionally, these positions can be hedged with stocks, commodities, and other assets, allowing clients to construct comprehensive risk management strategies around a single event, rather than managing risk exposures in isolated asset classes.

Galaxy Launches Institutional-Grade OTC Prediction Market Trading Service

On June 3, Wall Street investment bank Stifel upgraded its rating for Marvell Technology (MRVL) in its latest research report. Analyst Tore Svanberg raised the target price from $230 to $321, maintaining a Buy rating. The analyst noted that Marvell CEO Matt Murphy's keynote speech at COMPUTEX 2026, titled 'The Future of AI Depends on Connectivity,' largely aligned with previously disclosed information. However, this high-profile event significantly enhanced market recognition of Marvell's position in the data center and AI ecosystem. The analyst emphasized Marvell's leading positions in areas such as AI data center optical interconnect, silicon photonics, custom silicon/XPU, and switches (like the 102.4 Tbps Teralynx T100), which are seen as the 'biggest bottleneck after computing power' in the GPU scale-up era. The deep collaboration with NVIDIA on NVLink Fusion (with NVIDIA having previously made a strategic investment of $2 billion) has further amplified market confidence, strongly validating Marvell's long-term growth story. Following the upgrade announcement, MRVL's stock price surged by 25-32% during and after trading on June 2, closing at $290. It rose another 9.64% in after-hours trading, briefly exceeding the $321 target price, and is currently quoted at $318.83.

[Stifel Raises Marvell Technology Target Price to $321]On June 3, Wall Street investment bank Stifel upgraded its rating for Marvell Technology (MRVL) in its latest research report. Analyst Tore Svanberg raised the target price from $230 to $321, maintaining a Buy rating. The analyst noted that Marvell CEO Matt Murphy's keynote speech at COMPUTEX 2026, titled 'The Future of AI Depends on Connectivity,' largely aligned with previously disclosed information. However, this high-profile event significantly enhanced market recognition of Marvell's position in the data center and AI ecosystem. The analyst emphasized Marvell's leading positions in areas such as AI data center optical interconnect, silicon photonics, custom silicon/XPU, and switches (like the 102.4 Tbps Teralynx T100), which are seen as the 'biggest bottleneck after computing power' in the GPU scale-up era. The deep collaboration with NVIDIA on NVLink Fusion (with NVIDIA having previously made a strategic investment of $2 billion) has further amplified market confidence, strongly validating Marvell's long-term growth story. Following the upgrade announcement, MRVL's stock price surged by 25-32% during and after trading on June 2, closing at $290. It rose another 9.64% in after-hours trading, briefly exceeding the $321 target price, and is currently quoted at $318.83.

Stifel Raises Marvell Technology Target Price to $321

On June 3, according to monitoring by Trader T, the US spot Bitcoin ETF experienced a net outflow of $519.23 million yesterday.

[US Spot Bitcoin ETF Sees $519.23 Million Net Outflow Yesterday]On June 3, according to monitoring by Trader T, the US spot Bitcoin ETF experienced a net outflow of $519.23 million yesterday.

US Spot Bitcoin ETF Sees $519.23 Million Net Outflow Yesterday

On June 3, according to monitoring by Trader T, the US spot Ethereum ETF experienced a net outflow of $90.14 million yesterday.

[US Spot Ethereum ETF Sees $90.14 Million Net Outflow]On June 3, according to monitoring by Trader T, the US spot Ethereum ETF experienced a net outflow of $90.14 million yesterday.

US Spot Ethereum ETF Sees $90.14 Million Net Outflow

On June 3, a Tencent representative stated that it is currently impossible to determine when the WeChat AI agent will be launched. The timeline largely depends on the regulatory approval process for the agent, and given WeChat's user base of 1.4 billion, compliance procedures may be more stringent than for other products. Regarding the WeChat AI agent, Tencent officials indicated that there is no further comment at this time. Previously, media reports suggested that the WeChat AI agent is currently Tencent's 'highest priority confidential project,' with preparations expected to begin at least in the first half of 2025. A Tencent representative confirmed this information. (Finance Magazine)

[Tencent Official: Launch Date for WeChat AI Agent Uncertain]On June 3, a Tencent representative stated that it is currently impossible to determine when the WeChat AI agent will be launched. The timeline largely depends on the regulatory approval process for the agent, and given WeChat's user base of 1.4 billion, compliance procedures may be more stringent than for other products. Regarding the WeChat AI agent, Tencent officials indicated that there is no further comment at this time. Previously, media reports suggested that the WeChat AI agent is currently Tencent's 'highest priority confidential project,' with preparations expected to begin at least in the first half of 2025. A Tencent representative confirmed this information. (Finance Magazine)

Tencent Official: Launch Date for WeChat AI Agent Uncertain

Since NVIDIA announced a $1 billion investment in Nokia on June 3 (effective October 28, 2025), Nokia's stock price has risen from approximately $6.36 to about $17 in after-hours trading, marking an increase of nearly 170% and adding approximately $60 billion to its market capitalization.

[Nokia's Stock Price Rises Nearly 170% Following NVIDIA's Investment]Since NVIDIA announced a $1 billion investment in Nokia on June 3 (effective October 28, 2025), Nokia's stock price has risen from approximately $6.36 to about $17 in after-hours trading, marking an increase of nearly 170% and adding approximately $60 billion to its market capitalization.

Nokia's Stock Price Rises Nearly 170% Following NVIDIA's Investment

On May 31, selling pressure on Bitcoin spot ETFs continued to intensify. Following a net outflow of $1.26 billion last week, this week saw an additional net outflow of $1.42 billion from spot Bitcoin ETFs, pushing BTC to a low of $72,500. However, on-chain and market data indicate that some funds have begun to buy on dips around the $70,000 mark. The buying in the spot market is absorbing some of the selling pressure, providing support for Bitcoin's price, but the scale of buying remains insufficient to reverse the current downward trend. Meanwhile, data from the derivatives market shows that traders have added approximately $300 million in leveraged long positions in the $73,000 to $74,000 range, suggesting that some investors are betting on a price rebound. Additionally, the order book's buy-sell ratio has turned positive, indicating that the market sees some attractiveness in BTC below $75,000. To drive Bitcoin back into an upward trend, the market still needs new catalysts, including progress on the US-Iran peace agreement, a return to net inflows for spot Bitcoin ETFs, a decline in oil prices, and favorable news regarding the US strategic Bitcoin reserves.

[Analysis: Bitcoin's Dip Buying Absorbs Some Selling Pressure, But Downward Trend Remains Unchanged]On May 31, selling pressure on Bitcoin spot ETFs continued to intensify. Following a net outflow of $1.26 billion last week, this week saw an additional net outflow of $1.42 billion from spot Bitcoin ETFs, pushing BTC to a low of $72,500. However, on-chain and market data indicate that some funds have begun to buy on dips around the $70,000 mark. The buying in the spot market is absorbing some of the selling pressure, providing support for Bitcoin's price, but the scale of buying remains insufficient to reverse the current downward trend. Meanwhile, data from the derivatives market shows that traders have added approximately $300 million in leveraged long positions in the $73,000 to $74,000 range, suggesting that some investors are betting on a price rebound. Additionally, the order book's buy-sell ratio has turned positive, indicating that the market sees some attractiveness in BTC below $75,000. To drive Bitcoin back into an upward trend, the market still needs new catalysts, including progress on the US-Iran peace agreement, a return to net inflows for spot Bitcoin ETFs, a decline in oil prices, and favorable news regarding the US strategic Bitcoin reserves.

Analysis: Bitcoin's Dip Buying Absorbs Some Selling Pressure, But Downward Trend Remains Unchanged

Interview with Former Goldman Sachs CEO: Crisis, Leadership, AI, and Advice for Young People

2-Year Return of 225x? Uncovering Mysterious Researcher Serenity's AI 'Choke Point' Investment Strategy

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

VVV Surges Over 10x This Year, Is the Base Ecosystem the Last Hope for Crypto AI?

Bitcoin Correction Pushes 580,000 BTC Into Loss Territory

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

Deconstructing the Investment Methodology of the 'Stock God Serenity' in One Article

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

BTC falls below 70000 USDT

Strategy's First Sale Triggers Panic as Bitcoin Falls Below $70,000 Key Psychological Barrier

Analysis: Bitcoin's Dip Buying Absorbs Some Selling Pressure, But Downward Trend Remains Unchanged

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