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Robinhood CEO recently sold 375,000 HOOD shares, cashing out $43.56 million.

1 hours ago

Robinhood (HOOD) CEO Vlad Tenev has sold 375,000 shares of HOOD since July 6, at an average price of $116.17, netting a total of $43.56 million in proceeds. Tenev still holds 48.3 million Class B shares, worth more than $5 billion.

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A crypto whale closed a $100 million BTC short position, earning a profit of $5.28 million.

According to monitoring by Onchain Lens, a whale closed a $100 million Bitcoin (BTC) short position, earning a profit of $5.28 million. Wallet address 0xcf9 opened the short on June 2 at $68,859 and closed it one hour ago at $62,314, holding the position for 36 days.

30 minutes ago

Nvidia will collaborate with Hugging Face to develop open-source robotics models.

NVIDIA has announced a partnership with Hugging Face to co-develop open-source foundation models for robotics, combining its GPU ecosystem and CUDA technology, along with Hugging Face’s extensive model library and developer community, to significantly lower the barriers to AI training and deployment for robotics. (Jinshi)

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A newly created wallet withdrew 500 BTC from Binance, worth $31.15 million.

According to monitoring by Onchain Lens, a newly created wallet withdrew 500 BTC from Binance, valued at $31.15 million.

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MINIMAX Plunges 20% on First Day of Lock-Up Expiration, Market Cap Falls Back to HK$91 Billion

According to Bitget data, Hong Kong-listed MINIMAX plunged 20% on its lock-up expiration day, hitting a share price of HK$290 and a market capitalization of HK$91 billion.

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Ahead of SK Hynix's ADR listing, crypto has become the second key battleground, with SKHX trading volume reaching 38% of its underlying ordinary shares.

According to Hyperinsight’s monitoring, SK Hynix’s American Depositary Receipt (ADR) has not yet listed on the Nasdaq, yet the crypto market has emerged as one of the largest trading venues for SK Hynix outside of its primary stock market. In the past trading session, the SKHX contract on the crypto market recorded a trading volume of $3.668 billion, roughly 38% of the concurrent South Korean stock’s spot trading volume of $9.64 billion. Of this, Trade.xyz accounted for around $985 million in SKHX trading; the platform’s total daily trading volume hit $4.93 billion, and SKHX’s current open interest exceeds $360 million. Note: Crypto market transactions are dominated by leveraged contracts, with trading volume calculated on a notional basis; when adjusted for de-leveraging, the actual capital scale will be lower.

30 minutes ago

Barclays: Federal Reserve likely to hold steady until the end of 2027

According to Barclays' baseline forecast, the Federal Reserve will keep interest rates unchanged through the end of 2027. However, Barclays strategists still believe the risk is tilted toward additional interest rate hikes. The strategists noted that the latest Federal Reserve policy meeting minutes highlight growing concerns among participants about inflation and the risk of it remaining persistently high. They pointed out: "While participants expect inflation to decline, they believe the risk of it staying elevated remains, in part due to strong demand for artificial intelligence-related investments." Meanwhile, there remains disagreement among participants regarding future policy paths. (Jinshi)

30 minutes ago