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Bitget's web platform now supports spot trading for US stocks

26 minutes ago

June 5 marks the official launch of Bitget’s US Stock 2.0 on its web platform, giving users access to 204 rTokens covering core sectors including technology, consumer goods, semiconductors, and indices. The web launch completes multi-terminal coverage for Bitget’s US stock products, offering more robust trading tools for desktop-focused users who rely on desktop terminals for market analysis, order execution, and asset management. For context: rTokens—formatted as “r” + stock ticker (e.g., rNVDA for NVIDIA)—are issued via Bitget’s licensed Real-World Asset (RWA) protocol Reality. Through a partnership with compliant U.S. brokerage Alpaca, these tokens connect directly to global liquidity pools on major exchanges like Nasdaq and NYSE. Their key features include: 1:1 backing of underlying assets held by a licensed custodian; stock dividends distributed in proportional token form at a 1:1 rate; real-time mirroring of corporate actions such as stock splits and mergers; and eligibility for positions to act as collateral for Bitget’s unified account and U.S. dollar-denominated (U-based) contracts, allowing users to hold global stock assets while retaining flexible fund management.
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No surprise, the "Buddy" account was partially settled again half an hour ago, with the account now holding only $15,000

June 5: Per Hyperinsight monitoring, the crypto trader known as “buddy” had actively cut leverage to avoid liquidation, but its liquidation price was too close to the market price—resulting in a partial liquidation of its Ethereum long position half an hour ago. Separately, “buddy” transferred $12,500 to Hyperliquid an hour ago. The collateral value of its long position now stands at only $15,287.62, with 352 ETH held in the long position.

2 minutes ago

Securitize’s SPAC Merger Approved by SEC

June 5 — Securitize has announced that the U.S. Securities and Exchange Commission (SEC) has declared effective its Form S-4 registration statement related to the planned merger with SPAC company Cantor Equity Partners II. This development marks a major milestone in Securitize’s public listing process. Shareholders of Cantor Equity Partners II (CEPT) will hold a special meeting on June 29, 2026 to vote on the merger proposal. If approved, the transaction is expected to close shortly after. Upon completion, the combined company will operate under the name Securitize Corp. and trade on the New York Stock Exchange (NYSE) under the ticker symbol “SECZ.”

2 minutes ago

Bitwise CIO: US Stocks, Crypto Down in Tandem Possibly Due to Mega IPO

On June 5, Bitwise CIO Matt Hougan stated in a post that even with strong U.S. jobs data, both the U.S. stock market and cryptocurrencies saw sharp pullbacks today. The market’s worry is that upcoming mega-IPOs—such as those from SpaceX and Anthropic—could drain liquidity and act as a short-term top signal for the tech rally.

2 minutes ago

SEC and CFTC Jointly Advance Tokenized Securities Regulatory Framework Based on the Principle of "Innovation Without Regulatory Arbitrage"

June 5: The U.S. Securities and Exchange Commission (SEC) released a statement, with Division of Trading and Markets Director Jamie Selway delivering remarks at the Piper Sandler Global Exchange & Fintech Conference to outline the agency’s regulatory priorities during Chairman Paul Atkins’ tenure. Selway noted the SEC is developing a framework for the listing and trading of tokenized securities, guided by the core principle of "innovation without regulatory arbitrage." Separately, the SEC is collaborating with the Commodity Futures Trading Commission (CFTC) to evaluate multiple new product proposals, and conducting a joint review of ambiguous or conflicting rules across both agencies’ rulebooks. Initial focus areas for this cross-agency coordination include swaps and security-based swap data reporting, portfolio margining, and product definitions. Selway also cautioned that two pitfalls must be avoided in the regulatory process: conflating investment with gambling, and extending exces

2 minutes ago

Serenity Counters Hedge Fund's SIVE FUD: Opponent Deliberately Ignores Visible Growth Prospects

June 5: Serenity pushed back against Swedish hedge fund Protean Funds’ "CPO Application Fabrication" thesis on SIVE, noting that GlobalFoundries has just designated SIVE as a reference laser—and since CPO (coherent package optics) is not yet widely commercialized, current revenues fail to reflect future growth prospects. From H2 2026 to 2028, SIVE-linked CPO Total Addressable Market (TAM) is projected to surge from near-zero to $91 billion, totaling $141 billion over the period. Companies including Jabil have entered the pluggable market, exposing short-term bears to inflection point risks.

2 minutes ago

Musk Announces X Feature: X Chat to Send Correction Information for Misleading Tweets

On June 5, Elon Musk unveiled a new feature: Users who engage with subsequent misleading posts corrected by Community Notes will receive a correction note via X Chat to help adjust cognitive biases. This initiative is designed to boost the platform’s information accuracy through proactive push notifications, enabling users to grasp facts promptly and mitigate the impact of misleading content.

2 minutes ago

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