Xie Jiayin: Bitget will list 500 popular US stocks within 7 days, covering approximately 98% of trading volume
On June 8th, Bitget hosted a special AMA focused on its US stock trading service. During the live stream, Xie Jiayin, Head of Greater China, addressed recent user concerns about the number of available US stock tokens. He shared that one of the most frequent suggestions the team received over the past week was to further expand the selection of tradable US stock tokens.
Jiayin announced during the AMA that Bitget will list 500 popular US stock spot trading pairs within 7 days. He stressed that this goal isn’t merely about quantity—it’s rooted in analysis of the platform’s trading data. If the asset selection is precise, these 500 popular assets will account for roughly 98% of total trading volume demand. Additionally, Bitget has opened its Twitter comments section, inviting users to request specific US stock tokens they want listed. The team will respond quickly and incorporate all user requests into its asset expansion plan.
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All flights in Iran have been canceled following the Prime Minister's directive to the military to cease attacks on Iran.
On June 8, Iran’s Tasnim News Agency reported that all flights inside Iran have been suspended until further notice.
Israeli Prime Minister Benjamin Netanyahu has directed his country’s military to halt preparations for a new round of attacks on Iran.
In a tweet, former U.S. President Donald Trump stated that both Israel and Iran "both want an immediate cease-fire," noting that final peace negotiations are underway, though the efforts could be blocked by "ignorance or stupidity." Trump also added that all relevant blockade measures will remain fully enforced until a final agreement is reached, urging "things should move quickly."
This comes amid the most serious clash between Iran and Israel since a ceasefire deal was signed in April, which ended their 101-day conflict.
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SanDisk Jumps Nearly 5% in Premarket Trading as Bank of America Raises Target Price to $2,100, Reaffirming "Buy" Rating
**June 8: Bank of America Raises SanDisk Price Target 35% to $2,100, Reaffirms "Buy" Rating**
Bank of America lifted its price target on SanDisk from $1,550 to $2,100 on Wednesday—a 35% jump—while keeping its "Buy" rating for the semiconductor company.
The U.S. bank noted that SanDisk’s multi-year supply agreements (NBMs) with major clients have locked in future revenue streams and delivery volumes, with over one-third of SanDisk’s fiscal 2027 revenue already secured through this structured model. BofA also forecasts SanDisk’s product pricing will keep rising in 2026 and stay solid through the first half of 2027.
Furthermore, Bank of America expects the NAND industry won’t see meaningful additional supply growth until 2028 or 2029, which should drive continued improvements in the sector’s supply-demand balance. The bank cited optimism around SanDisk’s valuation levels, joint venture framework with partners, market share expansion, and potential for future industry consolidation
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Coinbase, Ripple, and over 200 other institutions jointly urge the U.S. Senate to push for a vote on the "Clarity Act."
June 8 — More than 200 digital asset firms, industry trade groups, and grassroots organizations—including Coinbase, Ripple, Kraken, Andreessen Horowitz (a16z), Circle, and Binance US—have sent a joint letter to US Senate Majority Leader John Thune and Minority Leader Chuck Schumer, urging quick advancement of the “Clarity Act” to a full Senate vote.
The push is led by Stand With Crypto in partnership with the Blockchain Association, Crypto Council for Innovation, and The Digital Chamber. Stand With Crypto says it has mobilized nearly 3 million supporters across all 50 US states to back the bill.
The coalition argues the Clarity Act would establish a comprehensive federal regulatory framework for the digital asset market, clarify regulators’ roles, provide feasible registration paths, protect software developers, and draw more crypto activity back to US markets.
The joint letter adds the legislation would keep innovation, jobs, investment, and market activity in the US while solidify
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Bitcoin Reclaims $63,000, Triggers Over $540 Million in Liquidated Shorts, Analysts Remain Cautious of Rally's Sustainability
June 8 — Bitcoin rallied roughly 7.5% from a low of $59,400 over the weekend, briefly topping $63,800 on Monday. This bounce sparked a massive short squeeze: CoinGlass data shows the crypto market recorded $539 million in short liquidations alone on Sunday, the highest daily total since mid-April. Over the past 24 hours, total market liquidations topped $588 million, with around $444 million stemming from short positions.
Stats show Bitcoin futures open interest fell from ~285,000 BTC last Friday to 255,000 BTC, signaling the recent upside was primarily fueled by the short squeeze. Meanwhile, the Spot and Perpetual Contract Volume Delta (CVD) has bounced back off its lows, pointing to a pickup in market buying pressure.
That said, U.S. investor demand hasn’t bounced back sharply. The Coinbase Premium Index, which tracks U.S. fund flows, climbed from -0.048 last week to -0.035 but still sits in negative territory. Separately, SoSoValue data shows U.S. spot Bitcoin ETFs posted net outf
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Strategy Bitcoin Holding Unrealized Loss Widens to $10.718 billion, BitMNR Holding Unrealized Loss $9.818 billion
June 8 – According to monitoring data from EmberCN, below are the largest Bitcoin (BTC) and Ethereum (ETH) treasury purchases recorded last week:
- Strategy (MSTR) acquired 1,550 BTC at an average price of approximately $65,332 per coin, totaling $101 million in this transaction.
As of now, Strategy holds 845,256 BTC, with a current value of $53.251 billion. Its average cost per BTC stands at $75,680, resulting in an unrealized loss of $10.718 billion, which equals a 16.7% paper loss.
- BitMNR purchased 126,971 ETH at an approximate price of $1,788 per coin, for a total of $227 million.
It currently owns 5,543,872 ETH, valued at $9.286 billion. With an average cost of $3,446 per ETH, BitMNR’s unrealized loss amounts to $9.818 billion, a 51.4% paper loss relative to its average entry cost.
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