After Binance Launched Stock Trading, Funds Saw a Significant Net Inflow, Reversing the Outflow Trend in May
Per DeFiLlama data, stablecoin inflows to Binance jumped sharply in the wake of its June 1 U.S. stock trading launch, totaling a $7.71 billion net inflow over the prior 24 hours. This reverses a string of recent outflows: Binance recorded a $1.2 billion net stablecoin outflow in May, with outflows also persisting in the week leading up to the launch.
On the afternoon of June 1, Binance officially rolled out its U.S. stock and ETF trading services, granting non-U.S. users access to over 7,000 U.S. stocks and ETFs. The platform’s offering includes zero-commission trading, a $5 minimum purchase threshold, and direct trading functionality paired with stablecoins like USDT and USDC.
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「Stock God」 Serenity Calls for XFAB Order: Valuation Severely Misaligned with Assets, the Only High-Capacity Silicon Carbide Foundry in the U.S.
June 3. Market figure “Stock God” Serenity compared two semiconductor companies operating in European and U.S. markets. Nasdaq-listed POET has a market capitalization of approximately $2.4 billion, with its core business focused on packaging Sivers’ lasers. The firm only holds one contract worth $50 million for pre-production work, and this agreement includes attached warrants.
On the other side is Europe-listed X-FAB, which carries a market cap of just $1.7 billion—but its core assets are far more valuable than its current valuation. X-FAB is among the limited number of semiconductor foundries globally funded by both the European CHIPS Act and the U.S. CHIPS Act, with expertise spanning silicon carbide (SiC), gallium nitride (GaN), micro-electromechanical systems (MEMS), and silicon photonics. Notably, its current valuation falls even below its adjusted book-to-market ratio.
Serenity further highlighted X-FAB’s key competitive advantages: NVIDIA and Nokia are currently evaluatin
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Gemini 3.5 Pro is set to be released this month, with monthly active users surpassing 900 million and paid subscriptions reaching 350 million.
Per CoinBeat Monitoring: Alphabet, Google’s parent company, announced that Gemini 3.5 Pro is on track to launch this June. Key milestones from Gemini’s ecosystem include: The Gemini app now boasts over 9 billion monthly active users (MAUs)—a 4 billion year-over-year increase—plus 350 million paid subscribers. Total monthly token volume processed across all Gemini products and platforms has reached 32 trillion. Separately, Google’s AI Overview feature has surpassed 2.5 billion MAUs, with recent daily token volumes exceeding 30 trillion.
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US Stocks of Cryptocurrency Concept Companies Down After Market Open, Strategy Slightly Rebounds by 1.3%, Chip and Storage Sector Mostly Up
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%
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Trust Wallet teams up with BNB Chain and CoinMarketCap to launch the AI Trading Agent Hackathon, with a total prize pool of $36,000
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
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Google's parent company, Alphabet, has increased the size of its financing from $800 billion to $847.5 billion.
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
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