Bitget has added 89 new stock spot trading pairs, including Walmart, BlackRock, Figma, and more.
June 10 — Bitget announced in an official statement that the platform has launched trading for 89 stock-linked tokens, including rWMT (Walmart), rBAC (Bank of America), rFIG (Figma), rBLK (BlackRock), rF (Ford), and rAAL (American Airlines), among others.
These tokens, called "rTokens" (identified by an "r" prefix followed by the underlying stock’s ticker, such as rNVDA for Nvidia), are issued by Bitget’s licensed RWA (Real-World Asset) protocol, Reality. Via a partnership with compliant brokerage Alpaca, the rTokens are directly connected to global liquidity pools including the Nasdaq and New York Stock Exchange (NYSE).
Key features of the offering include: a 1:1 reserve of the underlying stock held by a licensed custodian; stock dividends distributed as tokens at a 1:1 ratio; support for corporate actions (like stock splits and mergers) with real-time synchronization; and the ability to use positions as collateral for unified accounts and U.S. dollar-denominated ("U-based") contrac
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The whale who shorted $1.476 billion of the S&P 500 has started taking profits, closing a $524.5 million position.
June 10: Per LookOnChain’s monitoring, a whale holding a $147.6 million short position on the S&P 500 has begun taking profits. The entity has closed out $52.45 million of its S&P 500 short position, locking in a realized profit of $561,000. It continues to hold a remaining $94.07 million short position on the index, with an unrealized profit of $1.49 million.
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Binance has adjusted the SpaceX contract amount to 13.08 billion shares, corresponding to a current valuation of $2.06 trillion.
On June 10, Binance adjusted the contract amount for its SPCXUSDT U Inverse Perpetual Pre-IPO contract. Per the exchange’s announcement, SpaceX’s estimated share count was revised from the prior 11.87 billion to 13.08 billion shares. Currently, SPCX is priced at $157.64; based on this adjusted share quantity, SpaceX’s valuation stands at approximately $2.06 trillion.
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U.S. May CPI Could Hit Highest Level in Over Three Years, Consumer Confidence and Purchasing Power Continues to Erode
June 10 — Economists expect a key U.S. inflation gauge, due out this Wednesday, will show that U.S. consumer prices rose in May at the fastest pace in over three years. Mark Zandi, chief economist at Moody’s Analytics, stated that unlike the inflation driven by COVID-19-era supply disruptions, the recent price surge is largely tied to government policies — including the Iran war. “It’s been nearly five years since inflation last hit the Federal Reserve’s target, and I believe that’s gradually eroded the public’s collective economic mindset, which is a key reason Americans feel so frustrated about the economy,” he said.
A new CBS News survey finds three-quarters of Americans report their incomes aren’t keeping up with inflation. Economists note that May’s Consumer Price Index (CPI) data — the inflation gauge in question — signals rising energy prices as the primary driver of persistent inflation. Zandi added that beyond energy costs, Wednesday’s CPI release will also spotlight goods an
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US Stock Index Futures Extend Losses, Nasdaq Futures Down 1.23%
June 10th: According to Bitget data, US stock index futures have extended their losses. Nasdaq 100 Index futures are currently down 1.23%, Dow Jones futures 0.64%, and S&P 500 Index futures 0.78%.
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Analysis: Bitcoin is still in the typical "Four-Year Cycle," with $53,000 likely to be a key support level
On June 10, Trader Bob Loukas said Bitcoin remains in a "very standard four-year cycle," noting its current price trend isn’t meaningfully different from prior cycles. While many have argued “this time is different,” Loukas maintains this Bitcoin cycle still adheres to the typical four-year cycle framework. He pointed out the current cycle is now in its 44th week, with the cycle’s low point window usually occurring around the 46th week—roughly the 10% milestone for the cycle.
Loukas added that the midpoint of past four-year Bitcoin cycles has hovered around $53,000, a level that could act as significant support and resistance, as well as a potential buying opportunity near the bear market low. He also stated Bitcoin may re-enter a price discovery phase in 2028.
In its latest market report released Monday, QCP Capital noted BTC is currently trading within a narrow psychological range, with buying interest emerging near the $60,000 mark. However, the options market remains defensively
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