7*24

Hot topic

Market

Activities

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 June 3rd, according to Whale Alert monitoring, at 10:20 AM Beijing time, USDC Treasury minted an additional 250 million USDC on the Solana chain.

[USDC Treasury Mints 250 Million USDC on Solana Chain]On June 3rd, according to Whale Alert monitoring, at 10:20 AM Beijing time, USDC Treasury minted an additional 250 million USDC on the Solana chain.

USDC Treasury Mints 250 Million USDC on Solana Chain

On June 3, driven by the AI boom, US stocks continued to hit historical highs, with the S&P 500 index closing above 7600 points for the first time, and the Dow Jones Industrial Average rising over 200 points to set a new intraday record. The Nikkei 225 index in Japan also reached a historic high on Wednesday. At the Computex conference in Taipei, NVIDIA CEO Jensen Huang became the center of attention. NVIDIA announced a new PC processor developed in collaboration with Microsoft, and Huang's statement that Marvell will become the 'next trillion-dollar company' propelled the company's stock price to soar 32% in a single day, with an additional rise of over 9% in after-hours trading. Goldman Sachs CEO David Solomon stated that investor sentiment has clearly entered 'greed mode,' and the market is preparing for an unprecedented wave of financing for AI giants. Meanwhile, the situation in the Middle East continues to disrupt the market. Trump and US Secretary of State Rubio indicated that negotiations between the US and Iran are still ongoing, but Iranian media reported that communication between the two sides has been interrupted. Rubio also stated that Iran has laid 'extensive' mines in the Strait of Hormuz and continues to attack commercial vessels. Due to geopolitical risks, both WTI and Brent crude oil prices rose by about 1%, reaching $94.81 and $96.84, respectively.

[NVIDIA's Impact Drives US Stocks to New Highs, Goldman Sachs CEO Says Market Enters 'Greed Mode']On June 3, driven by the AI boom, US stocks continued to hit historical highs, with the S&P 500 index closing above 7600 points for the first time, and the Dow Jones Industrial Average rising over 200 points to set a new intraday record. The Nikkei 225 index in Japan also reached a historic high on Wednesday. At the Computex conference in Taipei, NVIDIA CEO Jensen Huang became the center of attention. NVIDIA announced a new PC processor developed in collaboration with Microsoft, and Huang's statement that Marvell will become the 'next trillion-dollar company' propelled the company's stock price to soar 32% in a single day, with an additional rise of over 9% in after-hours trading. Goldman Sachs CEO David Solomon stated that investor sentiment has clearly entered 'greed mode,' and the market is preparing for an unprecedented wave of financing for AI giants. Meanwhile, the situation in the Middle East continues to disrupt the market. Trump and US Secretary of State Rubio indicated that negotiations between the US and Iran are still ongoing, but Iranian media reported that communication between the two sides has been interrupted. Rubio also stated that Iran has laid 'extensive' mines in the Strait of Hormuz and continues to attack commercial vessels. Due to geopolitical risks, both WTI and Brent crude oil prices rose by about 1%, reaching $94.81 and $96.84, respectively.

NVIDIA's Impact Drives US Stocks to New Highs, Goldman Sachs CEO Says Market Enters 'Greed Mode'

On June 3, according to monitoring by Shield, the staking stablecoin sUSDat, fully backed by the digital credit asset STRC, briefly depegged, dropping about 7% to below $0.93, before recovering to $0.98. Shield noted that this market fluctuation occurred after Strategy symbolically broke its 'Never Sell' principle. During the reporting period, Strategy sold 32 BTC at an average price of approximately $77,135, totaling around $2.5 million, which represents 0.0038% of its holdings of over 843,000 BTC. The funds raised will be used for distribution expenses. Additionally, Strategy also sold 801,994 shares of common stock during the same period, raising approximately $128.3 million.

[sUSDat Drops Below $0.93 Amid Market Volatility Following Strategy's BTC Sale]On June 3, according to monitoring by Shield, the staking stablecoin sUSDat, fully backed by the digital credit asset STRC, briefly depegged, dropping about 7% to below $0.93, before recovering to $0.98. Shield noted that this market fluctuation occurred after Strategy symbolically broke its 'Never Sell' principle. During the reporting period, Strategy sold 32 BTC at an average price of approximately $77,135, totaling around $2.5 million, which represents 0.0038% of its holdings of over 843,000 BTC. The funds raised will be used for distribution expenses. Additionally, Strategy also sold 801,994 shares of common stock during the same period, raising approximately $128.3 million.

sUSDat Drops Below $0.93 Amid Market Volatility Following Strategy's BTC Sale

HTX data monitoring shows that BTC has fallen below 71,000 USDT, currently reported at 70,997.6 USDT, with a 24H decline of 3.60%.

【BTC drops below 71000 USDT】HTX data monitoring shows that BTC has fallen below 71,000 USDT, currently reported at 70,997.6 USDT, with a 24H decline of 3.60%.

BTC drops below 71000 USDT

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

BTC drops below 71000 USDT

Descargo de responsabilidad：El contenido anterior no representa las posiciones de HTX.，HTX no ofrece ninguna recomendación de trading.。

Artículos relacionados

Todos los comentarios0Lo más recientePopular

Temas populares

Artículos relacionados