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Huobi HTX Launches Contract US Stock TradFi Trading Contest: Participants Can Share a $50,000 Prize Pool

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On June 1, Huobi HTX has officially launched its Contract TradFi Stock Trading Competition, per official announcements. Running from now through June 11 at 20:00 UTC, the contest is open to both new and existing platform users. Those who complete designated coin-margined contract trades will split a $50,000 prize pool, with rewards calculated based on their total trading volume. For full terms and details, visit the official website here: https://www.huobi.com/en-us/htx
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A whale from the Hyperliquid protocol made a decentralized purchase across four addresses, buying $6.01 million in spot markets, single-handedly supporting the price of HYPE. Over the next 24 hours, this purchase contributed to almost half of the Time-Weighted Average Price (TWAP) buy volume.

June 1, per monitoring by Hyperinsight (https://t.me/HyperInsight), an intraday rally in HYPE’s price is driving Hyperliquid to plan purchases of over 10,000 HYPE spot tokens via a Time-Weighted Average Price (TWAP) order. The effort involves 8 whale addresses, with total planned buys exceeding 146,000 tokens, equivalent to roughly $10.51 million. According to reports, the top four addresses on the current buyer list all belong to the same whale entity. This entity received approximately $10 million in on-chain funds, which it split across four separate addresses. Over the next 24 hours, the group intends to continue buying, with a total planned purchase of 83,500 tokens via TWAP orders, valued at around $6.01 million. A portion of these buy orders has already been executed. Based on existing orders, HYPE’s TWAP net buying pressure over the next 24 hours stands at $11.20 million – an approximately 186% increase from yesterday’s comparable data. Currently, this single whale accounts f

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Teaming Up with NVIDIA to Release Chip, Microsoft Surges Over 2% in Pre-market Trading, while AMD Gains Nearly 6%

On June 1, Microsoft shares rose 2% in pre-market trading, while MediaTek surged 5.92% amid news that the two companies are partnering with NVIDIA to launch the RTX Spark series SoC chipset.

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The AI Investment Frenzy Propels Serenity to Stardom, X Platform's Subscriber Count Trails Elon Musk by Only 4,000

June 1: Fueled by the ongoing AI investment craze, the so-called "Stock God" Serenity has surged to internet fame. The figure’s X account boasts 43,000 followers—only 4,000 short of the platform’s top account, Musk’s, which has 47,000 followers. BlockBeats Note: Serenity is a well-known personality on Reddit’s WallStreetBets (WSB) forum, wielding notable influence among veteran traders. The analyst consistently shares his core research findings for free, focusing on key nodes in NVIDIA’s AI chip supply chain. By conducting in-depth analysis of the "screw-type" components that are indispensable to chip manufacturing and packaging, Serenity successfully pinpoints supply chain chokepoints. Building on these insights, he targets upstream entities characterized by scarcity and strong bargaining power for investment opportunities.

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「Binance Coin's Life」 reached a new all-time high market capitalization of $7 billion this morning, with a cumulative two-day gain of nearly 54%.

June 1: According to GMGN monitoring, the meme coin "Binance Life" hit a new all-time high with a $700 million market cap in the early hours of today, before a slight retracement. Since its launch on the evening of May 30, the token has logged an overall gain of 53.8%. As of press time, its market cap stands at around $650 million, representing a 26% increase over the past 24 hours, with on-chain trading volume hitting $18.4 million in the same period. The $700 million peak earlier this morning was fueled by a large-scale buy by trader address 0x82. This address purchased approximately 8.1 million tokens at 4 a.m. today, worth roughly $4.98 million—the single largest transaction of the day. Currently, this address holds 5.27 million tokens in its on-chain wallet. BlockBeats Reminder: Meme coins are highly volatile, driven primarily by market sentiment and hype rather than actual intrinsic value or practical utility. Investors should exercise caution given the significant risks in

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An anonymous individual in the United States has applied to a court to rule that Satoshi Nakamoto's Bitcoin is "unclaimed property," attempting to take possession of it.

June 1 Update: According to Galaxy Research, in March of this year, the New York State Supreme Court quietly accepted a lawsuit seeking to confirm ownership of over 3.7 million bitcoins (roughly $274 billion) tied to 39,069 crypto addresses—including entries linked to Bitcoin’s anonymous creator Satoshi Nakamoto. Those Nakamoto-related addresses total 21,744 holdings, containing 1.09 million bitcoins worth $83.7 billion at current market rates. The plaintiffs are Noah Doe (a pseudonym) and two undisclosed Wyoming limited liability companies. They are bringing a declaratory judgment action under Rule 3001 of New York’s Civil Practice Law and Rules, claiming under New York’s Abandoned Property Law (Section 7-B of the Personal Property Law) that they own these dormant wallets. At its essence, the case asserts that Bitcoin held in Nakamoto’s addresses (and many other "lost" bitcoin addresses) counts as abandoned property, entitling the plaintiffs to legal ownership because they "found" t

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HK Stock: SmartEdge Continues to Fall, Drops Another 10% in Today's Trading

After plunging at midday on Friday, Hong Kong-listed shares of Smartcom Tech extended their losses on June 1st. According to data from the Bitget platform, Smartcom is now trading at HK$1438, with an intraday decline of 9.84%.

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