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

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

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

On June 3, according to Lookonchain statistics, as the cryptocurrency market continues to decline, Bitmine's paper loss on its ETH reserves has surpassed the paper loss on Strategy's BTC reserves. The Ethereum reserve company Bitmine Immersion Technologies, supported by Tom Lee, currently holds 5,416,901 ETH, which is valued at approximately $10.03 billion at current market prices, resulting in an unrealized loss of about $8.9 billion compared to its purchase cost. Meanwhile, Strategy, led by Michael Saylor, holds 843,706 BTC, with a current market value of approximately $56.26 billion and a paper loss of about $7.6 billion.

[Bitmine's $8.9 Billion Paper Loss Exceeds Strategy's]On June 3, according to Lookonchain statistics, as the cryptocurrency market continues to decline, Bitmine's paper loss on its ETH reserves has surpassed the paper loss on Strategy's BTC reserves. The Ethereum reserve company Bitmine Immersion Technologies, supported by Tom Lee, currently holds 5,416,901 ETH, which is valued at approximately $10.03 billion at current market prices, resulting in an unrealized loss of about $8.9 billion compared to its purchase cost. Meanwhile, Strategy, led by Michael Saylor, holds 843,706 BTC, with a current market value of approximately $56.26 billion and a paper loss of about $7.6 billion.

Bitmine's $8.9 Billion Paper Loss Exceeds Strategy's

HTX data monitoring shows that XRP has fallen below 1.2 USDT, currently reported at 1.199 USDT, with a 24H decline of 6.80%.

【XRP falls below 1.2 USDT】HTX data monitoring shows that XRP has fallen below 1.2 USDT, currently reported at 1.199 USDT, with a 24H decline of 6.80%.

XRP falls below 1.2 USDT

HTX data monitoring shows that BTC has fallen below 66,000 USDT, currently reported at 65,990.01 USDT, with a 24H decline of 7.10%.

【BTC falls below 66000 USDT】HTX data monitoring shows that BTC has fallen below 66,000 USDT, currently reported at 65,990.01 USDT, with a 24H decline of 7.10%.

BTC falls below 66000 USDT

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.

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

火币HTX数据监测显示，ETH跌破2000  USDT，现报1999.69  USDT，24H跌幅0.76%。

【ETH跌破2000  USDT】火币HTX数据监测显示，ETH跌破2000  USDT，现报1999.69  USDT，24H跌幅0.76%。

ETH跌破2000  USDT

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

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Article

BTC falls below 70000 USDT

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

ETH跌破2000 USDT

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