Kraken to Open Global Retail Access to US Stock IPO Pricing through xStocks

June 3rd, per Bitget market data, U.S.-listed cryptocurrency-related stocks pulled back broadly right after the market opened, with individual performance as follows: - MicroStrategy (MSTR): bounced slightly, up 1.3% - Coinbase (COIN): slid 1.65% - Circle (CRCL): fell 3.5% - BitMine Immersion (BMNR): dropped 2.2% - SharpLink Gaming (SBET): declined 0.95% Meanwhile, U.S. chip, semiconductor, and storage sector stocks saw widespread gains, with individual moves as follows: - Intel (INTC): surged 8.6% - AMD (Advanced Micro Devices): climbed 4.1% - Qualcomm (QCOM): rose 0.9% - Seagate Technology (STX): gained 1.9% - Western Digital (WDC): advanced 5.3% - SanDisk (SNDK): added 1.3%

June 3rd official announcement: Trust Wallet is kicking off the “BNB Hack: AI Trading Agents” hackathon in collaboration with BNB Chain and CoinMarketCap. The total prize pool comes to $36,000, with the Trust Wallet Agent Kit serving as the event’s core on-chain execution tech stack. Notably, this marks the first time the Trust Wallet Agent Kit has taken on a central infrastructure role, fully integrated into a top-tier AI Agent hackathon system. The hackathon features two primary tracks plus three partner-specific awards (each worth $2,000): 1. **Autonomous Trading Agent Track**: Boasts a $24,000 prize pool (5 winners). Participants must use the Trust Wallet Agent Kit to enable local self-hosted signing, autonomous operation, and on-chain transaction execution, building native BNB Chain use cases like PancakeSwap and BSC perpetual contracts. Judging here focuses on real PnL, with a max drawdown limit applied as a risk control threshold. 2. **Strategy Skills Track**: Offers a $6,000 p

On June 3, Alphabet Inc.—Google’s parent company—announced it’s boosting the total proceeds from its planned stock offering to $847.5 billion, up from an initial $800 billion. The financing is earmarked to cover surging artificial intelligence (AI) computing expenses. The deal breaks into three parts: a $400 billion Market-On-Close (MOC) stock issuance launching in the third quarter, $300 billion in underwritten common stock and mandatory convertible preferred stock, and a $10 billion direct private placement to Warren Buffett’s Berkshire Hathaway. Joint underwriters include Goldman Sachs, JPMorgan, and Morgan Stanley, making this one of the largest equity financing deals in global history. Behind the massive fundraising is Alphabet’s deepening investment in chip development and infrastructure. CFO Anat Ashkenazi revealed 2027 capital expenditures will be far higher than 2026’s $190 billion budget—itself double the prior year’s figure. Bloomberg Industry analyst Mandeep Singh predicts

June 3: Per Bitget market data, U.S. stocks opened lower. The Dow Jones Industrial Average dropped 0.5%, the S&P 500 slipped 0.1%, and the Nasdaq edged down 0.05%. Huang Renxun once again recommended buying Marvell Technology (MRVL), whose shares surged 9.3%—coming on the heels of a more than 30% gain in the prior trading session. Intel rallied 8.9% following five straight losing sessions, while Broadcom advanced 1.2% and is set to announce its second-quarter (Q2) earnings report after today’s market close.

June 3 Update: Changjiang Securities announced a temporary suspension on Tuesday of new securities account openings and additional position entries across all product lines in mainland China, limiting clients to only sell or close existing positions during the ban period. This move comes weeks after the China Securities Regulatory Commission (CSRC), China’s top securities watchdog, announced on May 22 that three firms — Tiger Brokers (NZ) Limited, Futu Securities International (Hong Kong) Limited and Changjiang Securities (Hong Kong) Limited — conducted illegal cross-border business activities that violated Chinese securities, fund and futures laws, disrupted market order, and must be resolutely cracked down upon. The CSRC stated it intends to seize all illegal gains of these firms and their related domestic and overseas entities, and impose severe legal penalties in accordance with relevant regulations.

On June 3rd, Tether partnered with Fasset to launch the world’s first gold-backed Visa debit card. The card lets users spend fiat at any global Visa merchant, with eligible transactions earning up to 6% cashback in XAUT—Tether’s gold-backed token. It also supports real-time conversion between XAUT, USDT, and fiat currencies, plus an auto-round-up feature that turns spare change from purchases into XAUT investments, making passive gold accumulation effortless through everyday spending. Tether has committed up to $1 million worth of XAUT for ecosystem rewards to boost adoption of tokenized gold in emerging markets. The total market capitalization of tokenized gold now exceeds $5.3 billion, with XAUT accounting for more than $2.6 billion of that figure.