US Stocks Pre-market: Crypto-related Stocks Down, PURR Surges Nearly 20%
June 1, per Bitget market data, U.S. pre-market trading for cryptocurrency-related stocks showed mixed results: MSTR fell 2.57%, COIN dropped 1.80%, CRCL decreased 2.67%, SBET slipped 2.29%, BMNR declined 2.36%, and HOOD edged down 2.77%. By contrast, shares of HYPE Treasury Company’s PURR surged 19.47%.
Earlier on May 8, HYPE Treasury Company’s Hyperliquid Strategies unit released its third-quarter report, revealing it currently holds approximately 20 million HYPE tokens. Since its launch in December 2025, the entity has invested $216 million to acquire around 7.3 million HYPE tokens. Last year, Hyperliquid Strategies went public via a merger with Sonnet BioTherapeutics, with its core strategy focused on maximizing shareholder value by accumulating HYPE tokens through staking, yield optimization, and active engagement with the related ecosystem.
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Beijing's First Space Computing Power Industry Innovation Center Officially Established
June 1 – The Beijing Satellite IoT Industry Development Conference was successfully held in Haidian District, where a major announcement was made: Beijing’s first Space Computing Power Industry Innovation Center was officially launched.
Approved by the Beijing Municipal Commission of Economy and Information Technology, the center is a joint initiative by Beijing University of Posts and Telecommunications (BUPT), supported by leading industry enterprises based in Haidian.
Professor Wang Shangguang, Dean of BUPT’s School of Computer Science, introduced that the center adopts a "Company + Alliance" operational model, focusing on six key research areas across the entire space computing power industry chain: high-reliability, heat-resistant space-native computing chips; high-performance interlinked space computing payloads; space computing satellite platforms and standard systems; large-scale space models constrained by power and reliability limits; integrated space-ground communication,
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Quick Look at Binance US Stock Trading Partners: Self-Clearing Brokerage for Order Flow and Silicon Valley Trader Alpaca Cement Its Dominance in Tokenization
On June 1, Binance’s official website revealed that its U.S. equities business operates on an "Introducing Broker + Clearing Broker" framework: Nest Trading handles order routing, while Alpaca Securities LLC manages trade execution, clearing, settlement, and asset custody.
The introducing broker, Nest Trading Limited (formerly BCI Limited), was authorized as a Broker-Dealer by the Abu Dhabi Global Market (ADGM) Financial Services Regulatory Authority (FSRA) in late 2025, launching formal operations on January 5, 2026. Its approved activities include principal dealing, deal arrangement, asset management, custody services, and custodianship coordination. Paired with Nest Exchange Limited (its trading platform) and Nest Clearing and Custody Limited (its clearing and custody arm), it forms one of three pillars of Binance’s ADGM operations. Headquartered at Office 4607, Addax Tower on Reem Island in Abu Dhabi, its official site is linked to Binance, overseeing OTC trading, Convert (spot
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The AI ??Robotics Data Platform Mecka AI Completes $60 Million Financing Round, Led by Framework Ventures
On June 1, Mecka AI—a startup focused on robot AI training data—announced a total of $60 million in funding. This sum includes a $25 million Series A round that closed last November, plus an additional $35 million in follow-on financing. Both rounds were led by Framework Ventures, with participation from Menlo Ventures, SV Angel, Kindred Ventures, and other investors.
Mecka AI collects human motion data via body-worn sensors, iPhones, and custom hardware, covering gestures, gait, and other physical behavioral patterns to train robot AI models. Founder and CEO Josh Gao stated the company’s core philosophy: using real human behavioral data rather than traditional teleoperation data to train robots, a method he says will enhance robots’ general capabilities for real-world scenarios.
Founded in 2025, Mecka AI currently has about 40 employees. Based on signed contracts, the company projects its annual recurring revenue (ARR) run rate will reach $100 million, though it has not disclosed sp
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Data: Purchasing $1,000 worth of Nvidia stock on Binance incurs a transaction cost of approximately $1, significantly lower than on Tiger Brokers and Futu
June 1st, based on calculations from publicly disclosed data, assuming NVIDIA’s stock price is approximately $216.15, the transaction cost for purchasing $1,000 worth of NVIDIA stock on Binance is roughly $1 (a 0.1% spread). Tiger Brokers Hong Kong and Futu Hong Kong accounts charge a minimum fee of about $2 each, while Interactive Brokers (IBKR) has a flat rate of around $1, with an estimated cost of roughly $0.35 under its tiered pricing model.
The above calculations only include buying transaction costs and do not cover expenses such as exchange rate conversion fees, regulatory fees on sales, or financing interest. Actual costs may vary depending on the trading method and market conditions.
Binance announced today that platform users can now trade over 7,000 U.S. stocks and ETFs, with an investment threshold as low as $5, supporting stock purchases via stablecoins and BNB. The company also unveiled an upcoming plan allowing customers to convert their stock holdings into crypto-lik
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