According to official news from Odaily Planet Daily, MGBX will launch perpetual contract trading pairs for BTWUSDT, EWTUSDT, and LLYUSDT on June 5, 2026 at 18:00 (SGT). Trading will open at 18:00 (SGT) on June 5, 2026. Leverage will be maximum 25x for BTW and EWT, and maximum 20x for LLY.

Emerging market assets fell for the third consecutive trading day, led by South Korean stocks, as investor enthusiasm for artificial intelligence stocks waned. The MSCI Emerging Markets Index fell 1.7% to 1728.66 points, while South Korea's KOSPI index plunged as much as 7% on Friday. Chipmakers such as Samsung Electronics and SK Hynix led the decline after Broadcom's AI chip sales prospects fell short of overly high market expectations. These two companies together account for more than half of the market capitalization of the KOSPI. Emerging market stocks and currencies are expected to record weekly declines after two consecutive weeks of gains. Charu Chanana, chief investment strategist at Saxo Markets, said, "Broadcom is a trigger, reminding us how over-expected the market has become. Investors have priced in too many perfect expectations for AI, so even a small disappointment could lead to a fairly sharp revaluation. Stronger-than-expected non-farm payroll data could become another excuse to cut AI investment." (Jinshi)

According to official news, Gate ETF will launch SPCX3L/USDT, SPCX3S/USDT, MRVL3L/USDT, MRVL3S/USDT, ANTHROPIC3L/USDT, ANTHROPIC3S/USDT, OPENAI3L/USDT, and OPENAI3S/USDT on June 5th at 17:00 (UTC+8). These will support 3x leverage for long/short positions on SPCX (SpaceX), MRVL (Marvel Technologies), ANTHROPIC (Anthropic), and OPENAI (OpenAI), respectively. Gate ETF currently supports trading of 358 tokens. In addition, Gate ETF will hold an ETF new listing trading challenge from June 5th at 18:00 to June 14th at 18:00 (UTC+8). Users who participate in trading SPCX3L/3S, MRVL3L/3S, ANTHROPIC3L/3S, and OPENAI3L/3S can share a reward of 50,000 USDT. Daily trading volume ≥ 1,000 USDT earns a random reward of 20–100 USDT, with a maximum cumulative reward of 1,000 USDT. A total trading volume of ≥ 3,000 USDT among all participants will share a reward of 30,000 USDT based on their trading volume percentage, with a maximum reward of 200 USDT per person. Furthermore, inviting friends to participate in trading can earn you a blind box reward of up to 500 USDT.

Odaily Planet Daily reports that NVIDIA CEO Jensen Huang's first stop on his visit to South Korea was the T1 base in Hongdae, Seoul, where he met with T1 player "Faker" Lee Sang-hyeok, drawing attention from the esports community. Huang stated that South Korea is the birthplace of esports and a shaper of its viewing culture, with many top Korean players contributing to the success of GeForce graphics cards. He emphasized that South Korea holds a special place in his heart and is a very important market for NVIDIA, adding, "We are also your fans." The meeting took place at the T1 base, with T1 players Doran, Oner, Peyz, Keria, and T1 COO Ahn Woong-ki all in attendance. This exchange continued the foundation of previous collaborations on projects such as Valorant. During the interactive session, when asked about his graphics card, Faker responded with "5070," drawing attention. Huang also introduced NVIDIA's next-generation AI PC platform, RTX Spark, stating that it will become the new computing architecture for the future AI era. Faker stated that the meeting with Nvidia's CEO was very meaningful, and he thanked the technology and industry support for the development of professional esports. (Zdnet)

According to Odaily Planet Daily, on-chain analyst Ai Yi monitored that Hex Trust-affiliated entities accumulated 72.23 million H tokens in the past 4 hours, accounting for 2.55% of the circulating supply. In April, its foundation made significant adjustments to the ownership of H tokens for early investors, either extending the unlocking period or distributing the full amount of tokens at a discount (70%) on June 26th. Hex Trust is one of its strategic investors, and it is unclear whether this asset transfer is related to the upcoming unlocking.

According to MSX.COM data, most major Asia-Pacific stock indices fell today. A-shares and Hong Kong stocks fluctuated throughout the day, with the Nikkei 225 index falling nearly 900 points and the South Korean KOSPI index falling over 5.5%. Specifically, by the close, the ChiNext index fell over 3%, the STAR Market Composite Index and the Shenzhen Component Index fell over 2%, and the Shanghai Composite Index fell approximately 0.7%. The combined turnover of the Shanghai and Shenzhen stock exchanges reached 3.07 trillion yuan, an increase of 311.5 billion yuan compared to the previous trading day. Over 3,200 stocks rose across the market. The robotics concept stocks bucked the trend, with Zhongda Lide hitting its daily limit twice in four days, and Green Harmonic, Kelier, and Guangyang shares also hitting their daily limit. Semiconductor industry chain sectors such as memory chips and CPO saw the largest declines, with Weiteou falling nearly 13%, Baiwei Storage and Jiangbolong falling over 8%, and the trillion-yuan giant Zhongji Xuchuang falling nearly 8%. In Hong Kong, semiconductor stocks collectively plummeted, causing the Hang Seng Index to fall by as much as 2% in the afternoon. As of press time, UBO Holdings fell nearly 15%, Montage Technology and GigaDevice fell over 9%, Hua Hong Semiconductor fell over 7%, and SMIC fell over 6%. The AI application sector continued its decline, with MINIMAX-W falling over 15%, Xunze falling over 10%, and Zhipu falling over 9%. In the Japanese and South Korean stock markets, semiconductor stocks generally fell, with SK Hynix falling nearly 10%, Samsung Electronics and Tokyo Electron falling over 6%, and Advantest falling nearly 5%.

Odaily Planet Daily reports that the Hong Kong Monetary Authority (HKMA) announced today the establishment of an expert panel on tokenized bonds. This panel brings together industry representatives with relevant experience and a focus on the development of Hong Kong's tokenized bond market to further promote the application and expansion potential of tokenized bonds in Hong Kong. Panel members include representatives from industry associations, financial institutions, legal advisory firms, and financial infrastructure and technology providers. Building on the progress made by the HKMA in its various tokenized bond-related work to date, the expert panel will jointly explore policy measures, market practices, and innovative solutions.

According to an official announcement, Binance will adjust the minimum tick size for six USDT-margined perpetual contracts—HOMEUSDT, RONINUSDT, THEUSDT, MELANIAUSDT, LAUSDT, and XPLUSDT—at 11:00 AM (Beijing time) on June 6, 2026. Please refer to the official announcement for details. This adjustment will not affect existing orders or contract trading operations.

According to Odaily Planet Daily, Fundstrat strategist Tom Lee, in an interview with CNBC, stated that the current market is in a cycle that may be divided into three phases, with the second phase potentially involving a bear market-like correction. Lee is known for his bullish stance and has successfully predicted bull market trends multiple times in recent years. However, this time, he believes the market will not be smooth sailing in the short term. As of early June, the S&P 500 had risen nearly 11% year-to-date, despite challenges such as early-year doubts about the prospects of artificial intelligence and the Iran war pushing up energy prices and leading to inflationary pressures. Lee pointed out that significantly better-than-expected corporate earnings were a key factor driving the market's rise. Previously, the market generally expected first-quarter earnings per share (EPS) of around $70, but the actual figure was around $80. He stated that if this trend continues, it will add approximately $40 to the full-year EPS, theoretically pushing the S&P 500 up another 800 to 1000 points. According to Lee's assessment, the first phase will still favor an upward trend. The S&P 500 is currently slightly above 7560 points as of June 3, 2026. He believes there is still room for upward movement in the short term, potentially reaching around 7700 points. The second phase may arrive soon and become a "digestion period" for the market. In an interview with CNBC, Lee stated, "Between now and October, the market needs to digest multiple factors." He cited sources of pressure including policy uncertainty from the new Federal Reserve chairman, energy shocks (especially shortages of petroleum products and lubricants), and the additional stock supply resulting from the IPOs of companies like SpaceX, OpenAI, and Anthropic, and the expiration of their lock-up periods. (Jinshi)

Odaily Planet Daily reports that Foreign Ministry Spokesperson Mao Ning stated at a regular press conference on June 5th that artificial intelligence (AI) is profoundly changing production and lifestyles, posing a new challenge that humanity needs to address collectively. AI is not the exclusive domain of major powers, nor should it slide into competition and confrontation. This July, China will host the 2026 World Artificial Intelligence Conference and the High-Level Meeting on Global Governance of Artificial Intelligence in Shanghai. China hopes to use this conference as an opportunity to engage in in-depth exchanges and dialogue with all parties, strengthen global governance of AI, and promote AI to serve the well-being of all humanity. (Xinhua)

According to Huoxun Finance, monitoring data shows that ZEC and HYPE continued to decline. The whale Loracle's ZEC long position with 10x leverage lost more than $3.2 million, and its HYPE long position with 2x leverage lost $1.567 million. It also held long positions in NEAR, TON, ASTER and XMR, with a total loss of $6.65 million.

According to Huoxun Finance, Coinglass monitoring shows that at 15:07 on June 5th, 32.217 million USDT was transferred from an unknown wallet to the Binance exchange.

According to Huoxun Finance, Gate.com data shows that ZEC is currently priced at $257, a 24-hour drop of 56.8%.

According to Huoxun Finance, analysts point out that Bitcoin is retesting the lows near $62,000. The current 7-day net realized loss is approximately $7 billion, higher than the lows of February this year, but lower than the peak of $14 billion during the winter panic. The current Bitcoin price has fallen below the cost price of approximately $76,000 for short-term holders. If it continues to decline, the main support levels are the network average realized price of approximately $54,000 and the cost price for long-term holders of approximately $49,000. These two ranges historically correspond to areas of total capitulation and cyclical bottoms. As long as Bitcoin holds above $54,000, the market will not enter a phase of total capitulation; however, if it falls below and continues to trade below the lows of February this year, it may further test the final defense line of this cycle near $54,000.

According to Huoxun Finance, Binance will cease trading and delist four cryptocurrencies—Contentos (COS), Dar Open Network (D), Highstreet (HIGH), and MOBOX (MBOX)—on June 19, 2026 at 11:00 AM. Users are advised to pay attention to the delisting time and make necessary arrangements in advance.

According to Coinglass data, Binance saw a net inflow of 32.2374 million USDT in the past hour.

According to Huoxun Finance, on-chain monitoring shows that ETH has continued to decline recently. A Hyperliquid address with a large long position of 120,000 ETH (approximately $271 million) opened at an average price of $2,261 has seen its unrealized losses widen to $73.66 million. To mitigate liquidation risk, the address recently added $26 million in margin, lowering its liquidation price range from $1,617-$1,355 to $1,300-$1,400. However, the current ETH price has fallen to $1,870, only about $470 away from the nearest liquidation line, further intensifying the pressure to stop losses and reduce positions.

According to Huoxun Finance, monitoring data shows that after the price of Ethereum fell below $1,700, a large long position of 120,000 ETH with leverage of 15 to 20 times, associated with BIT, is currently experiencing a floating loss of over $69 million and has already paid $1.86 million in funding fees.

According to Huoxun Finance, on-chain monitoring data shows that ZEC, the leading cryptocurrency in the privacy sector, has plummeted 43% in the past 24 hours, erasing nearly two months of gains. It is currently priced at $327.59, a significant drop from its opening price of $626.47. Trader Garret Jin's ZEC short position has a floating profit of $16.48 million, a return of 137.8%, nearly matching his $18.14 million floating loss on his BTC holdings. He currently tops the list of ZEC profit leaders on the Hyperliquid platform.

According to Huoxun Finance, Shield monitoring shows that an Ethereum MEV bot accidentally transferred 167 ETH, worth approximately $300,000, to a random user.