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Market data shows that BTC has fallen below $66,000, currently priced at $65,977.25, with a 24-hour decline of 1.34%. The market is experiencing significant volatility, so please ensure proper risk management.
Market data shows that ETH has fallen below $1800, currently priced at $1799.84, with a 24-hour decline of 1%. The market is experiencing significant volatility, so please ensure proper risk management.
On June 16, U.S. Senator Cynthia Lummis posted on the X platform, stating that the CLARITY Act will allocate $150 million to support law enforcement in tracking down fraudsters and other criminals in the digital asset space, enhancing efforts to combat cryptocurrency-related criminal activities.
On June 16, SK Hynix addressed market rumors regarding a proposed 100 trillion won shareholder return policy, stating that the reported figure is inaccurate. The company indicated that it is exploring various options to enhance shareholder value, but has never discussed the specific scale of shareholder returns mentioned in the reports.
On June 16, media reports cited informed sources revealing that Xiaohongshu's valuation in private secondary market trading once reached as high as $50 billion.
On June 16, it was reported from multiple investment institutions that DeepSeek's first round of financing may have been finalized. Founder Liang Wenfeng is the largest single investor in this round, contributing approximately 20 billion yuan. Tencent has invested about 10 billion yuan; the CATL system has contributed around 5 billion yuan, including investments from CATL and Puquan Capital; NetEase, JD.com, Monolith Lisi Capital, and IDG Capital have each invested about 3 billion yuan; Zhengxin Valley Investment and Shixiang Technology have each contributed approximately 1.5 billion yuan. (Ke Chuang Ban Daily)
On June 16, the European Parliament held a final vote in Strasbourg, France, approving legislation related to the EU-US trade agreement. Following the procedure, the legislative text will be submitted to the EU Council for approval. On May 20, representatives from the European Parliament and the EU Council reached an agreement on the legislative proposal concerning the EU-US trade agreement, agreeing to implement tariff concessions on products imported from the US while strengthening related safeguards to protect the interests of the EU and its member states. Previously, US President Trump threatened to significantly increase tariffs on EU products imported into the US if the EU did not fulfill the agreement by July 4.
On June 16, Robinhood (HOOD) announced on Tuesday that it will lay off about 10% of its full-time employees and simultaneously close the recruitment process for a small number of existing vacancies. The company expects the layoffs to incur approximately $20 million in employee severance and benefits costs, along with about $8 million in equity compensation expenses, totaling around $28 million in restructuring costs, which will be recognized in the second quarter of 2026. Following the announcement, Robinhood's pre-market stock price rose by 1.3%.
On June 16, Capital Economics stated that the Federal Reserve's decision to remain inactive this week is almost a certainty. The firm's North American Chief Economist, Stephen Brown, speculated that Walsh would not present his own interest rate forecast, but he would still be asked about his views at the press conference. Brown noted, 'The risk for the market is that Walsh's comments could be more hawkish than expected—either due to a communication misstep or simply because his current stance is not as dovish as it was when he was vying for President Trump's nomination.' However, Brown also warned that if Walsh feels constrained by Trump, an overtly dovish tone could reignite concerns about the Fed's independence and potentially drive up long-term bond yields. Brown indicated that there is a significant likelihood of two 'insurance rate hikes' occurring in December and early next year.
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