On June 11, in contrast to yesterday's collective decline, U.S. stock market storage sector stocks rose broadly in pre-market trading. Notably, SanDisk increased by over 5%, Micron Technology by over 4%, Western Digital by over 3%, and Seagate Technology by over 2%.
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U.S. Stock Market: Storage Sector Rises Pre-Market, SanDisk Up Over 5%, Micron Up Over 4%
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Citigroup Launches Tokenized Stock Business for Private Companies
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New Wallet Withdraws 492 BTC from Binance, Valued at Approximately $31.06 Million
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Iran's Supreme Leader Military Advisor: U.S. Must Choose Between Accepting Iran's Conditions and Losing International Dignity
On June 11, according to CCTV International News, Iran's Supreme Leader Military Advisor Rezaei stated today that U.S. President Trump believes he can escape the quagmire and deadlock he created with bombs, but in the face of Iran's missiles, he will only sink deeper. The U.S. must choose between accepting Iran's conditions and losing its international dignity. -
Iran Negotiation Team Denies Reports of Talks with the U.S.
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Iran Responds to Letter Submitted by Pakistan's Interior Minister
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UK Defense Secretary Hillier Resigns
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Analyst: SpaceX's $1.75 Trillion IPO Valuation Detaches from Fundamentals Driven by Overly Optimistic Future Expectations
On June 11, American investment manager Jim Chanos stated that SpaceX's $1.75 trillion IPO valuation is detached from fundamentals and driven by overly optimistic future expectations. Investors are pricing for grand narratives rather than realistic profit prospects, with SpaceX's valuation multiples far exceeding those of Tesla (TSLA.US). -
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Canton Developer Digital Asset Completes $355 Million Financing Led by a16z Crypto
On June 11, Digital Asset (Canton developer) announced the completion of a new round of financing totaling $355 million, led by a16z Crypto. The investment round included participation from various traditional financial and crypto institutions, such as a subsidiary of the Abu Dhabi Investment Authority, Apollo Global Management, BNP Paribas, Castle Securities, CME Ventures, Coinbase Ventures, Polychain, S&P Global, SBI Group, SoFi, and Tradeweb, showcasing a clear dual participation characteristic of 'Wall Street + crypto-native capital.' The company stated that following this financing round, Digital Asset has entered a profitable state. CEO Yuval Rooz noted that the financing has expanded the balance sheet, enhancing the company's financial flexibility and enabling it to pursue mergers and acquisitions more freely, engage in emerging projects, and assist partners in building on-chain financial business systems.
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