Bitget has enabled 15 tokenized stocks and ETFs, including rAAPL, rTSLA, and rMSFT, to be used as margin collateral for USDT-M futures trading through its Unified Trading Account and Multi-Asset Mode. This update, effective June 4, allows traders to use these tokenized assets to meet margin requirements without converting them to a single settlement currency, enhancing trading flexibility. The move supports Bitget's growing tokenization strategy, which includes its Reality platform and various tokenized financial products. CEO Gracy Chen highlighted that this integration meets increasing user demand for versatile use of tokenized assets across trading activities, bridging crypto and traditional markets more seamlessly.
Bio Green Med Solution (BGMS) shares jumped over 175% after announcing an all-stock merger with Malaysia's Future NRG, a company specializing in medical waste-to-energy technology. The deal will make Future NRG a wholly-owned subsidiary of BGMS, comb...
Bitcoin price dropped to around $61,925 on June 5, pressured by ETF outflows, a rare sale by Strategy, and a surge in large whale deposits on Binance. The $60,000 level has become a critical support after Bitcoin fell sharply from highs above $74,000...
Bitcoin options data from Deribit reveals a bullish market sentiment with a call-heavy open interest, especially concentrated in $80,000 strike calls, indicating traders expect higher prices in the medium term. However, recent trading volume shows in...
MGP Ingredients, a key player in the U.S. whiskey market, faces near-term operational challenges due to an oversupply of American whiskey, leading to distillery closures and significant sales declines. Despite these headwinds, the company maintains a...
Major upcoming IPOs from AI and tech giants like SpaceX, OpenAI, and Anthropic could shift institutional capital away from Bitcoin. SpaceX plans a Nasdaq debut in June 2025, potentially raising $75 billion, while OpenAI and Anthropic aim for public o...
