According to ChainCatcher, Coinglass data reveals that a whale on the Hyperliquid platform currently holds positions totaling $4.77 billion. The long positions amount to $2.35 billion, representing 49.28% of the total, while short positions stand at $2.42 billion, accounting for 50.72%. The long positions have a profit of $40.07 million, whereas the short positions show a loss of $96.38 million. Notably, a whale address, 0x0ddf..02, has taken a 3x leveraged short position on Bitcoin at a price of $69,423.2, resulting in an unrealized loss of $6.24 million.

Serenity, known as the "new stock god," has suggested on the X platform that Sivers should fully transition into a U.S. company, with a Nasdaq listing as the initial step. According to Odaily, the company already has a U.S. capital structure, significant equity, and support from the CHIPS Act. This transition could lead to higher valuation premiums and acquisition opportunities. Serenity noted that negative reports from Swedish local media, influenced by short sellers, are detrimental to AI photonics development. The U.S. market, on the other hand, offers more financing opportunities and support from institutions, funds, and indices. Serenity also recommended that Sivers retain its European operations as a subsidiary, managed by the U.S. parent company. This strategy could position Sivers as a major optical communication enterprise in the U.S., rather than just explaining its value in the Swedish market. Additionally, Serenity hinted that Sivers' management might already be working towards transforming the company into a U.S. photonics giant similar to Lumentum.

On May 31, Fenghua Advanced Technology announced that its stock price experienced abnormal fluctuations, with a cumulative deviation exceeding 20% over two consecutive trading days on May 28 and 29. As of May 29, the company's stock price stood at 53.03 yuan per share, with a rolling price-to-earnings ratio of 199.66, significantly higher than the industry average of 77.89. The stock's cumulative increase in May reached 111.36%, indicating potential irrational speculation and correction risks. According to Jin10, the company has investigated recent media reports suggesting a suspension of orders for certain chip resistors and MLCC products. Fenghua Advanced Technology clarified that these reports are inaccurate. The company temporarily paused orders for some products to facilitate digital system upgrades and product structure adjustments, but has since resumed order acceptance. Additionally, media claims that Fenghua Advanced Technology is the only company in China certified by Nvidia for its entire MLCC product line were found to be false. As of the announcement date, Nvidia has not conducted any product certification with the company. Fenghua Advanced Technology's main product applications remain stable, focusing on home appliances, communications, and industrial control sectors. Emerging markets such as automotive electronics, artificial intelligence, energy storage, and low-altitude economy account for less than 15% of revenue. The company acknowledges risks related to market expansion and potential underperformance in high-end product pricing growth.

Hong Kong Securities and Futures Commission Chairman Huang Tianyou announced in a recent speech that Hong Kong is systematically expanding the range of products and services that licensed institutions can offer. According to Odaily, this includes providing more diverse product options for professional investors, piloting secondary market trading of tokenized products, introducing virtual asset-related financing services, and establishing a regulatory framework for leveraged virtual asset products. The 12 licensed virtual asset trading platforms in Hong Kong reported a trading volume exceeding HKD 640 billion in 2025, with the first quarter of this year seeing a nearly threefold increase compared to the same period last year. Additionally, brokers involved in virtual asset-related businesses saw their commission income grow by over 80% year-on-year. On the regulatory front, Hong Kong plans to optimize its comprehensive regulatory framework for virtual assets, covering key areas such as custody, trading, asset management, and investment advisory. The public consultation on the relevant licensing system has been completed, and legislative proposals will be finalized with the Hong Kong Treasury Bureau. The aim is to submit a bill to the Legislative Council by 2026 to establish a regulatory system that aligns with international standards and strictly adheres to the principle of "same business, same risk, same rules."

Circle is the stock I follow most closely, and I've always believed that only those with expertise from outside the field can truly understand this company.

This follows the vertical integration path of Apple Silicon, but its target is the entire Windows camp.

Less than a year after entering the market, French semiconductor company Sequans liquidated its Bitcoin reserves and announced a return to its core semiconductor business.

Western Union is now making stablecoins: Why might it end its own high-margin remittance business?

I saw a short video today with very catchy subtitles: The US Treasury Secretary said that the US has seized $1 billion in crypto assets from Iran, and some people don't even know that their wallets have been taken.

2026年人形机器人行业进入量产与交付阶段，34款主流机器人百花齐放。

How does Circle plan to handle a USDC lock-changing project spanning more than 30 blockchains?

Chips, US Stocks, Artificial Intelligence, When Will the "Long Live Chips" Rally in US Stocks End? Golden Finance: The AI ​​boom is not over, but it has entered a stage of refined differentiation.

Enterprises face four major obstacles in investing in AI: mismatched use cases, uncontrolled costs, lack of personnel guidance, and concerns about data openness.

The US, Trump, Nvidia—is Nvidia about to make a big move? Golden Finance: What have the crypto KOLs been talking about in the past 24 hours?