Bitget's web platform now supports spot trading for US stocks
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
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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.
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Hut 8 Subsidiary Completes $425 Million Senior Secured Notes Pricing
**June 5**
Canadian Bitcoin mining firm Hut 8 reported that its wholly owned subsidiary, Beacon Point DC LLC, closed a $4.25 billion senior secured notes offering. The notes carry an annual interest rate of 6.129%, mature in 2042, and are set to settle on June 9, 2026.
Proceeds from the offering will fund construction of a data center on approximately 521 acres of land in Nueces County, Texas. The facility will feature six data halls with a combined critical IT capacity of 352 megawatts, and will be leased to a tenant holding a credit rating of at least AA-. The notes do not represent a claim against Hut 8’s parent company.
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Stats: Multiple Whales Face Liquidation Risk for 343,000 ETH, Totaling Approximately $547 Million
On June 5th, monitoring by LookOnChain shows that multiple whales are collectively facing liquidation risks totaling approximately 343,075 ETH (about $5.47 billion) across DeFi protocols. The breakdown of key liquidation price levels is as follows:
- 46,741 ETH (valued at roughly $74.71 million) with a liquidation price of $1,565.72;
- 58,032 ETH (around $92.85 million) at a liquidation price of $1,555.04;
- 100,394 ETH (approximately $159 million) with a corresponding liquidation price of $1,426.31;
- 137,908 ETH (worth roughly $220 million) at a liquidation price of $1,361.73.
2 minutes ago
The US Stock Market and Cryptocurrency Market are in Turmoil, Stock Market Gurus and Whales Unable to Escape Market Correction
June 5th: Turmoil in U.S. Stocks and Crypto Markets Today
Per Bitget data, the Nasdaq Composite dropped 2% intraday, with AI blue-chip stocks leading losses. Nvidia slid nearly 4%, Micron Technology tumbled almost 6%, and Intel plummeted more than 6%.
Serenity, dubbed the "New Stock God," saw their heavily held stock AAOI edge down just 0.37% on the session, though most of their other positions fell over 5%. Core holdings faced steeper declines: SIVE plunged 8.93% and NBIS dropped 8.01%.
Huang Renxun’s pick for the next trillion-dollar market cap standout, MegaWell Technology, tumbled nearly 8% as well.
Leopold Aschenbrenner—referred to as the "U.S. Stock Prodigy"—saw his Situational Awareness LP’s new holding TE crash 14.71% today, while HIVE slid 13.16%. Notably, the fund significantly added to bearish options on AI blue-chips this quarter.
Turning to crypto, multiple large holders (whales) face liquidation risks. One whale, dormant for five years, opened a leveraged long Ethere
2 minutes ago
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