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

1 hours ago

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

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SMIC surpassed Kweichow Moutai in market capitalization.

According to Bitget data, SMIC’s A-share price rose nearly 15%, pushing its total market capitalization to 1.49 trillion yuan. Kweichow Moutai is currently down 1.43%, with a total market cap of 1.48 trillion yuan. (Jinshi)

9 minutes ago

Bitcoin breaks through $63,000

According to HTX market data, Bitcoin has broken through the $63,000 mark, with a 0.74% rise in the past 24 hours.

9 minutes ago

US tech stocks are experiencing one of the most volatile periods in history, with the volatility ratio of the Nasdaq 100 to the S&P 500 hitting a 23-year high.

The Kobeissi Letter noted in a post that tech stocks are experiencing one of the most volatile periods in history. The ratio of the Nasdaq 100 Volatility Index (VXN) to the S&P 500 Volatility Index (VIX) has risen to 1.7, its highest level in 23 years. This marks the first time the ratio has topped 1.5 since 2018. By comparison, the metric peaked at around 1.6 during the 2008 financial crisis. Currently, VXN stands at 28 points, while VIX is at 16 points – the latter is 43% lower than the former. VXN has remained above the 20-point threshold for five consecutive months, the longest such stretch since the 2022 bear market. Markets are pricing in significant volatility risk for tech stocks.

9 minutes ago

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.

9 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)

9 minutes ago

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.

9 minutes ago

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