Crypto Market Fear Subsides Significantly, Today's Fear and Greed Index at 45

On June 1st, Binance officially launched its in-house U.S. stock trading portal, announcing the launch via social media.

On June 1, Bitget made an official announcement that it has launched its U-based SLX perpetual contract, which supports up to 20x leverage. A matching contract trading bot is also available simultaneously. For more details, visit Bitget’s official platform.

June 1 — Market data shows that following a report by *Fortune* on Binance’s upcoming addition of U.S. stock trading, BNB (Binance’s native cryptocurrency) posted a brief surge of over 5%, and is now trading at $722. For full details, refer to the article: "Binance Confirms Addition of U.S. Stock Trading, Minimum Investment Threshold of Only $5; Supports Purchases via Stablecoins and BNB" [Link: https://www.theblockbeats.info/flash/348800]

June 1 Per an official announcement, BiyaPay has launched the OPENAIUSDT Pre-IPO perpetual contract trading pair, which uses OpenAI Group PBC (ticker: OPENAI) as its underlying asset. The estimated share count for this contract is roughly 1 billion. This Pre-IPO perpetual contract will convert to a standard TradFi perpetual contract immediately on the day of OpenAI’s official IPO. For full details, visit BiyaPay’s official platform.

On June 1, according to Fortune, Binance is advancing its "Super App" strategy by adding U.S. stock trading and planning to launch tokenized stocks.

According to Hyperinsight monitoring on June 1st, U.S. storage concept stocks rallied collectively during pre-market trading. Micron Technology (MU) surged over 5.2% in pre-market hours, with MU trading at $1,020 on the Hyperliquid platform. Compared to 24 hours ago, its trading volume rose by 23% to $68 million, while open interest dipped slightly to $170 million. With the price jumping above the $1,000 mark, two whale accounts on Hyperliquid opened million-dollar long positions on MU in the afternoon. The entry price for these positions is around $1,005, and their liquidation prices stand at roughly $845. Both long positions are currently showing unrealized gains. The relevant wallet addresses are: 0x519c721de735f7c9e6146d167852e60d60496a47 and 0x7a833ef6cc97e6c027d5fed9965fdad5ef84d889.