Unitree R1 Humanoid Robot Priced Starting at 29,900 Yuan After Price Cut
Unitree Technology announced that the official starting price of its bipedal humanoid robot Unitree R1 has been reduced from 39,900 yuan to 29,900 yuan, with spot sales opening immediately. Weighing 25 kg, the robot is equipped with 26 high-precision joints, supports multimodal large model interaction via voice and image, and has development and customization capabilities.
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21Shares: Bitcoin Could Rebound to $100,000 by End of Year, Current Trend Aligns With Post-Halving Cycle Characteristics
Asset management firm 21Shares has released its mid-year crypto market report, revisiting its 2026 industry forecast and setting a base-case target of $100,000 for Bitcoin by year-end. Bitcoin previously hit an all-time high of around $126,000 in October 2025, and is currently trading at roughly $62,300, approximately 50% below that peak. 21Shares noted that Bitcoin’s post-halving price trajectory “still looks familiar”, with the current pullback aligning closely with historical post-halving patterns, though the decline is far smaller than the over 80% pullbacks seen in prior cycles. The report points out that Bitcoin remains above the $54,000 aggregate investor cost basis, with no signs of the capitulation sell-offs observed in previous bear cycles, signaling a more mature market and stickier capital flows. The report also shows that as of May 2026, global crypto ETP assets under management (AUM) stood at around $140 billion, down roughly 15% year-to-date; ETPs hold approximately 1.25 million BTC, about 8% below their prior peak. 21Shares attributes the decline primarily to price movements rather than widespread liquidations. While U.S. spot Bitcoin ETFs recorded net outflows of around $3 billion, underlying BTC allocations remain near cycle highs. Additionally, the report states that prediction market trading volume reached $57.5 billion by the end of May, already exceeding half of the firm’s full-year forecast. Full-year volume is on track to hit $100 billion, and could challenge $200 billion in the second half, driven by events including the FIFA World Cup and U.S. midterm congressional elections. Total value locked (TVL) in decentralized finance (DeFi) remains around $140 billion, below 21Shares’ earlier forecast of $300 billion. Public on-chain tokenized assets amount to $31 billion, including $15 billion in tokenized U.S. Treasuries.
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Trump: Iran has notified the United States that it is not charging passage fees in the Strait of Hormuz.
US President Donald Trump said, “Iran has notified the US that it is not charging tolls for passage through the Strait of Hormuz. Additionally, the US has not provided any funds to Iran, nor has it released any of Iran’s funds.” (Jinshi)
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Binance says it will not exit Europe, and will seek additional EU operating licenses.
According to Reuters, Gillian Lynch, head of Binance Europe and the UK, stated that despite a setback in its application for a European Union crypto operating license in Greece, Binance still plans to remain in the EU and will reapply for local operating authorization. “Binance will not leave Europe,” Lynch said. She noted that Binance may simply need to secure authorization through a different path, and if not Greece, the company will explore other alternatives. Binance’s current European operating license is set to expire in just one week, and failure to obtain a new license could lead to a phased shutdown of its EU operations. Two sources familiar with the matter told Reuters that Binance has held discussions with regulators in Ireland, Latvia, and Greece, but faced resistance in all three jurisdictions. The sources added that regulatory officials have raised concerns over Binance’s past penalties related to money laundering, its complex international structure, and what they perceive as its risk-tolerant corporate culture. Lynch said Binance does not understand why its application was rejected, noting that the company had previously expected Greek regulators to approve the license. She also stated that Binance has reached out to four or five regulatory bodies, but only submitted a formal application to Greece. Regarding Binance’s past issues, Lynch said the firm has invested in compliance and internal controls, employing around 1,500 compliance staff, and emphasized that there are no unresolved issues with its license application.
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