Actualités

Hyperliquid (HYPE) hit a record high near $77 on June 16, rising nearly 10% in a day as spot exchange-traded fund (ETF) inflows accelerated. According to BeInCrypto, HYPE was trading around $74.61, up roughly 67% over the past year, with a market cap near $16.57 billion, making it the tenth-largest cryptocurrency.
Spot HYPE ETFs have drawn about $153 million in net inflows and nearly $900 million in volume since launch, including 21Shares’ THYP, Bitwise’s BHYP, and Grayscale’s HYPG. Efe “Crypto Kid” Kelemci cited roughly $850 million in 2025 revenue with 99% used to buy and burn $HYPE, while noting leverage-driven liquidations and Arthur Hayes’ exit above $72 in early June.

SpaceX shares are drawing warnings of a Tesla-style post-IPO drop days after a record Nasdaq debut, as traders debate whether scarcity can keep SPCX elevated near a $3 trillion valuation. According to BeInCrypto, SpaceX priced at $135 on June 12, raised about $75 billion in the largest IPO on record, and has since traded about 56% higher near $213.95. Kalshi said SpaceX touched a $3 trillion valuation in after-hours trading on $18.7 billion in 2025 revenue. Bears including Ted Pillows and Jo Bhakdi see a potential sharp correction, while Thierry Borgeat argues a tiny float and lockups could prolong the squeeze; lock-up expirations begin in August.

Robinhood announced Tuesday it will cut 10% of its full-time workforce and close the small number of remaining open roles at the trading platform, according to a Reuters report on June 16.
The company expects to incur approximately $20 million in restructuring charges for employee severance and benefits costs, plus roughly $8 million in share-based compensation expenses — bringing total expected charges to approximately $28 million. Robinhood expects to recognize the charges in the second quarter.
Despite the announcement, Robinhood shares were last up 1.3% in premarket trading — a reaction that suggests investors view the cuts as a cost-efficiency measure rather than a signal of deteriorating business health.

U.S. senators led by Republican Cynthia Lummis urged the Treasury Department to give states an explicit process to prove they can supervise stablecoins under the GENIUS Act. According to CoinDesk, a Tuesday letter said Treasury’s proposed principles for assessing whether state regimes are “substantially similar” to the federal framework lacked timelines and procedural requirements for state certification, leaving states unclear on next steps. The lawmakers asked Treasury Secretary Scott Bessent for written guidance on application, review and certification with clear timelines and flexibility for varied state legislatures.

Bitcoin's drop below $60,000 earlier this month triggered one of the most significant accumulation responses of the current market cycle. Investors bought a net 259,298 BTC between June 5 and June 15, paying prices between $59,000 and $67,000 — and Glassnode's most comprehensive measure of buying conviction has reached its maximum possible reading in response.
The accumulation trend score: 1.0 — the highest possible level
Glassnode's Accumulation Trend Score by Wallet Cohort measures the relative strength of purchasing activity based on both the size of buyers and the amount acquired over the previous 15 days. The score runs from 0 to 1, with 1.0 representing the strongest possible accumulation signal. It currently sits at exactly 1.0 — and has remained at that peak level for more than two weeks, indicating aggressive, sustained buying across cohorts rather than a brief, opportunistic dip-buy that quickly fades.
The duration of the maximum reading is as significant as the reading itself. A single day at 1.0 could reflect a technical spike. More than two consecutive weeks at peak accumulation indicates structural demand re-entering the market — the kind of sustained response that has historically marked meaningful cycle lows rather than temporary relief bounces.
Broad-based buying: from retail to whales
Critically, the accumulation is not concentrated in a single cohort that might reflect one large actor or a narrow technical move. Buying has been broad-based across wallet sizes, ranging from holders with less than 1 BTC — typically retail investors — to those holding as many as 1,000 BTC, which encompasses institutional-scale participants and large individual investors.
This breadth of participation is important context for the demand concerns that CryptoQuant had flagged earlier in the week. While CryptoQuant's metrics showed total demand contracting by 652,000 BTC last week — the largest weekly contraction since January 2022 — Glassnode's UTXO Realized Price Distribution captures a different dimension of demand: not aggregate flow changes, but the actual cost-basis distribution of newly acquired coins. The 259,298 BTC net bought between $59,000 and $67,000 represents real buyers establishing real cost bases in that range — the kind of on-chain demand footprint that creates structural support at those levels.
The reversal from distribution to accumulation
Perhaps the most telling element of Glassnode's data is the contrast with recent history. From March through May, most wallet cohorts were net distributors — sellers — as Bitcoin stagnated around $70,000 without a clear directional catalyst. Holders across the size spectrum were reducing exposure rather than adding to it during that period.
The sub-$60,000 move reversed that dynamic entirely. The same cohorts that were net sellers at $70,000 became net buyers at $59,000 to $67,000 — a behavioral shift consistent with the "close to value" framework that CryptoQuant had identified earlier, where prices approaching realized price ($53,600) reduce the incentive to sell and increase the incentive to accumulate for long-term holders across cohort sizes.
What it means alongside this week's other signals
The Glassnode accumulation data adds the crucial on-chain demand dimension to the recovery case that has been building throughout this week's analysis. Standard Chartered's Geoffrey Kendrick declared all three of his bottom-confirmation signals met on Monday — Strategy's 1,587 BTC purchase, $86 million in positive ETF inflows, and continued oil weakness. Coinbase's Brian Armstrong reiterated his $60,000 bottom call. Bitcoin's weekly RSI bullish divergence — only the second in its history — continues to develop at the 200-week SMA that has marked every prior cycle bottom.
Glassnode's 1.0 Accumulation Trend Score and 259,298 BTC in net buying since June 5 provide the on-chain supply-side confirmation that complements those signals: not only are macro conditions improving and institutional signals turning constructive, but actual Bitcoin is being removed from the market by a broad cross-section of buyers establishing cost bases in the $59,000-$67,000 range. That accumulation, if sustained, creates the demand foundation that CryptoQuant had identified as the missing piece for a confirmed recovery — alongside ETF flow stabilization and the washout of remaining forced sellers.
With Bitcoin currently trading at $66,075 and the Accumulation Trend Score at its maximum reading for more than two consecutive weeks, the on-chain picture heading into Wednesday's FOMC meeting and Friday's Geneva signing is meaningfully more constructive than the demand metrics alone suggested just days ago.

Kong Jianping, co-chairman of Canaan Technology (the world's first blockchain stock) and founder of Nano Labs, sat down for a wide-ranging conversation covering his journey from law school dropout to two-time Nasdaq founder, his views on Bitcoin as a macro anchor, why his listed company chose BNB over Bitcoin as its strategic reserve, and where he sees the next big opportunity in what he calls "Web4."From law school to Bitcoin in 2012Kong first encountered Bitcoin in 2012 — when most people still dismissed it as a scam. Despite graduating from law school, he never practiced law, choosing entrepreneurship from his first year of university. His early ventures included organising driving school recruitment on campus — a business that earned him hundreds of thousands per month before he voluntarily walked away, a pattern of moving on before markets peak that would define his career.Two Nasdaq listings, two different erasKong helped take Canaan Technology public in 2019 after a gruelling six-year journey through A-shares, the NEEQ board, Hong Kong stocks, and finally US markets — setting two Nasdaq records on listing day for in-person and online viewership. The listing required convincing institutions including Morgan Stanley, Credit Suisse, and Deutsche Bank to endorse a company whose product "turns into money just by plugging in" — language regulators initially treated as a red flag for a Ponzi scheme.His second listing, Nano Labs in 2022, was completed in a far more hostile environment — Chinese concept stocks were effectively frozen following the Didi incident, during a crypto winter that coincided with a broader US market crash. Despite the timing, Nano Labs got through because its legal and regulatory groundwork was already solid. Kong credits luck more than judgment for both outcomes.Why BNB, not Bitcoin, for the listed companyKong's personal family office holds Bitcoin primarily, consistent with his view that Bitcoin is the anchor of Web3. But for his listed company's strategic reserve, he chose BNB — reasoning that Michael Saylor's Strategy had already established dominance in the corporate Bitcoin treasury space, and that the next best opportunity was the exchange platform coin of the world's leading crypto exchange.He initially planned a joint $100 million reserve alongside a larger participant, but regulatory concerns around stock price volatility led to a restructuring. The company ended up buying 130,000 BNB at over $600 per token — which rose to $1,300 before retracing. Kong views BNB's relative resilience, compared to Solana and Ethereum which declined more severely from their strategic reserve purchase prices, as validation of the thesis.Bitcoin as anchor — but AI is the sunKong expressed genuine long-term conviction in Bitcoin as the anchor of the future financial system, arguing that as AI increases wealth concentration globally, sovereign governments will have no choice but to print money — at which point Bitcoin's fixed supply becomes its defining advantage. He also cited stablecoins as genuinely more efficient than traditional fiat payment rails.However, he offered a sobering near-term framing: "Without this AI revolution, the Web3 industry is like the moon — sexy and visible. After AI came, AI is like the sun. As long as it rises in the sky, the moon and stars all become invisible." He believes that in three to five years, after AI's high-growth phase passes, Web3 and Bitcoin will reassert their relative strength against other industries.Web4: AI plus Web3, rebranded for a new eraKong coined the term "Web4" to describe the current AI-autonomous-agent era, arguing that "Web3 plus AI" is both technically imprecise and politically difficult to navigate — particularly in mainland China, where calling something "Web3" invites regulatory suspicion while "Web4, an AI autonomous network" is more likely to be welcomed. He has run nearly 40 offline events across China on this theme, with venues of 1,000-2,000 people per city — drawing not crypto natives but traditional industry entrepreneurs seeking to understand AI.Hong Kong, regulation, and the US dollar stablecoin advantageKong has been an early and consistent supporter of Hong Kong as the primary Web3 hub for overseas Chinese — taking that position when most of the industry was focused on Singapore. He credits Hong Kong's regulatory approach as among the best globally, characterising it as focused on financial stability rather than prohibition or unconstrained innovation.On the US stablecoin legislation, he was direct: the framework is designed to enhance the global competitiveness of dollar-denominated stablecoins, increasing competitive pressure on Hong Kong's stablecoin ambitions rather than opening a window for them.Advice for young people entering Web3 todayKong's closing message was consistent throughout the conversation — keep iterating, stay in one major field long enough to catch successive waves, and recognise that in this industry, choice of track matters more than effort applied to the wrong one. He argued that young people are structurally advantaged in the AI era because they are AI natives with faster learning cycles and smaller "ships" that can change direction quickly. The generation entering the workforce now, in his view, faces not structural unemployment but a genuine opportunity to overtake older generations who cannot adapt as quickly.His summary: "If you continue, keep iterating in one field, you may gradually catch up with the fast train of this era — and even play a greater role on it."

General Motors Co. has held discussions with RTX Corp. and other defense contractors about helping weapons makers increase production. According to Bloomberg, expanding output is a key demand of the Trump administration.

US ADP employment change for the week ending May 30 came in at 25,500, down from the prior week's reading of 29,000, according to Jinshi data released June 16.
The modest week-over-week decline represents a softening in private sector payroll growth — though both readings remain in positive territory, indicating continued job creation rather than contraction. The deceleration from 29,000 to 25,500 is incremental rather than dramatic, and is unlikely on its own to materially shift the Federal Reserve's policy calculus heading into Wednesday's FOMC meeting.
The context: what this means for Wednesday
The reading arrives two days before Chairman Kevin Warsh's first FOMC decision. Markets are currently pricing a 97% probability of a hold at 3.50%-3.75%, a probability that Wednesday's ADP figure does nothing to disturb. The labor market narrative entering the June 17 meeting has been dominated by May's blowout payrolls report — 172,000 jobs added against an 85,000 forecast — which was the primary catalyst behind rate hike expectations being priced in earlier this month.
A softer ADP reading for the May 30 week is marginally consistent with the view that the labor market may be decelerating from that blowout pace, providing a small additional data point alongside Wednesday's core CPI beat at 0.2% and oil's 5% decline following the US-Iran peace deal confirmation. Collectively, these data points give the Warsh-led Fed a slightly more manageable backdrop for Wednesday's statement than existed even a week ago — though the single ADP figure is too small a signal to move the needle meaningfully on its own.

SpaceX stock options have begun trading.
According to Jin10, the options are listed under the ticker SPCX.O.

Brent crude oil has fallen below $80 per barrel on June 16, dropping 3.56% on the day to its lowest level since March 10 — according to data. WTI crude fell 4.00% intraday to $78.12 per barrel, extending Monday's sharp decline as markets continue pricing in the reopening of the Strait of Hormuz following the confirmed US-Iran interim peace deal.
What the level means
The break below $80 for Brent is a technically and symbolically significant threshold. Oil's peak during the conflict reached approximately $120 in early March — meaning Brent has now retraced roughly 33% from its war-driven high in just days of trading since the peace deal confirmation. WTI at $78.12 is similarly approaching the pre-conflict price range that existed before US-Israeli airstrikes against Iran began on February 28.
The speed of the decline — 3.56% for Brent and 4% for WTI in a single session, following Monday's 5% drop — suggests the market is moving rapidly to price out the geopolitical risk premium that has been embedded in crude prices for over 100 days rather than doing so gradually.

UNI rose 22% in 24 hours to $3.28 on $621 million in trading volume Tuesday. According to NS3.AI, Standard Chartered Global Research published a $100 end-2030 price target for UNI on June 15.
Separately, DefiLlama reported Uniswap’s combined V3 and V4 deployments recorded $1.47 billion in 24-hour DEX volume.

The Nasdaq’s decline widened to 1%, while SpaceX (SPCX.O) pared its gains to 5%.
According to Jin10, the moves reflected a broader pullback in the Nasdaq alongside a reduced advance in SpaceX.

Binance Blog published a new article, explaining where Binance’s MiCA licensing process in Europe stands and why the company says it wants to keep European users informed while it seeks to minimize disruption. Binance said it remains committed to securing a MiCA license and is ready to operate under what it described as a fair, predictable, and genuinely harmonized European framework. The company said it will provide further details directly as additional information becomes available, including next steps and available options, and it plans to issue another update before 30 June 2026. Binance also said it intends to support an orderly process and reduce potential disruption for users. In describing its application efforts, Binance said it entered the MiCA process in good faith, submitted what it called a comprehensive application, and worked with the Hellenic Capital Market Commission (HCMC) in Greece over many months. Binance said its understanding is that the HCMC completed its review and considered the application compliant with MiCA requirements, and that the application was also subject to review at the European Securities and Markets Authority (ESMA) level.
Binance said Europe remains central to its long-term plans and that it will continue to operate in compliance with applicable law. It argued that clear and consistent regulation is important for the region and described MiCA as a key step toward a single EU framework that could benefit users through more choice, better products, deeper liquidity, and stronger competition. The company said it respects the role and independence of regulators across Europe and has worked with regulators over the past 18 months while investing in systems, controls, and teams to meet high regulatory standards. Binance also highlighted broader changes it says it has made over the past two years, including engaging more than 1,500 people in compliance roles, becoming the first crypto exchange to secure a comprehensive suite of licenses under the Abu Dhabi Global Market framework, and preventing nearly $7 billion in potential fraud losses. It added that any delay or distortion in its MiCA path could weaken liquidity, reduce competition and user choice, and push activity, jobs, investment, and tax revenue outside the EU, while reiterating that it will keep users updated as it makes progress.

Lockheed Martin and General Motors said they will jointly explore ways to accelerate weapons production as demand rises for U.S. munitions.
Bloomberg posted on X, that the companies are looking at options to speed output after U.S. stockpiles were drawn down by the wars in Iran and Ukraine.
The companies did not provide additional details on specific systems, timelines, or the scope of the collaboration.

Concerns are rising that Laopu Gold Co., one of China’s hottest consumer brands, is losing momentum as sales slow, its share price slumps and the gold market sells off. In the backdrop, according to Bloomberg, investors are weighing whether the company’s recent growth can hold up amid weaker demand signals and a tougher market for gold-linked products.

Elon Musk’s personal wealth briefly surged to $1.4 trillion, setting a record, according to Forbes’ latest global rich list. According to Jin10, the report said Musk, who leads Tesla and SpaceX, saw his fortune rise to that level at one point.
The update also said SpaceX shares previously rose more than 15%.

Light sweet crude oil futures for July delivery fell $4.70 to settle at $76.05 a barrel at the close on the New York Mercantile Exchange, a decline of 5.82%. According to Jin10, London Brent crude futures for August delivery dropped $4.21 to settle at $78.96 a barrel, down 5.06%.

SanDisk Corporation (NASDAQ: SNDK) posted a monthly Relative Strength Index reading above 99, which analyst Lark Davis said no publicly traded stock has ever reached. The move comes as SNDK shares are up more than 780% year-to-date in 2026 and over 5,400% since spinning off from Western Digital in February 2025, according to BeInCrypto, with the stock trading near $2,138 versus an IPO price of about $38.50.
BeInCrypto said SanDisk, now a pure-play NAND and SSD company, has benefited from hyperscaler AI infrastructure spending, with revenue up 251% year-over-year in its most recent quarter, while the extreme momentum has fueled debate over AI bubble risks.

Turkey is seeking higher oil flows through a key pipeline running through its territory from northern Iraq as it looks to renew a contract that expires in a little over a month. In talks tied to the renewal, according to Bloomberg, a Turkish official with direct knowledge said Ankara wants increased volumes through the route.

Oil fell below $80 a barrel for the first time since early March. In a US-Iran deal to reopen the Strait of Hormuz, according to Bloomberg, traders boosted expectations for a revival in supply.

A number of Iran-linked oil tankers have been shifting position as the country prepares to sign a peace deal that could allow Tehran to immediately start selling its oil, according to Bloomberg.

China’s most-traded domestic futures contracts finished mixed by the 23:00 close. According to Jin10, fuel oil and liquefied petroleum gas (LPG) fell more than 3%, while low-sulfur fuel oil (LU) dropped more than 2%.
Propylene, methanol, asphalt, styrene (EB), and ethylene glycol (EG) each declined more than 1%.
On the upside, cotton rose nearly 2%, and cotton yarn, rubber, No. 20 rubber, and palm oil gained more than 1%.

West Texas Intermediate crude fell below $80 a barrel on Tuesday for the first time in nearly four months as hopes for a US-Iran framework deal eased supply concerns. The slide is reshaping risk appetite, according to BeInCrypto, with Bitcoin (BTC) holding near $66,650 as Standard Chartered’s Geoffrey Kendrick said falling oil, Strategy’s purchase of 1,587 BTC for about $100 million last week, and $85.85 million of inflows into US spot ETFs on Friday are bullish signals. Kendrick said BTC needs to break above the $83,000 region from early May for confirmation and reiterated a $100,000 year-end target.

Asian stocks looked set to snap a three-day winning streak, tracking declines on Wall Street as investors rotated out of technology shares. In positioning for the first Federal Reserve policy decision under Chairman Kevin Warsh, according to Bloomberg, investors shifted away from tech amid the US market pullback.

Ethereum has rebounded 22% from its June low, alongside a sharp increase in large-holder balances tracked by Santiment.
According to NS3.AI, Santiment-tracked whale balances rose by about $950 million in under a week.
The report also said ETH spot ETFs recorded $22.50 million in inflows on June 15.
However, it noted that rising futures open interest could complicate the thesis that Ethereum has formed a market bottom.

Forward stock rose as much as 8.6% on Tuesday after smaller Solana DATs rejected the company’s non-binding acquisition proposals. According to NS3.AI, Solana Company said its board unanimously rejected Forward’s unsolicited bid.
Forward’s proposals offered new FWDI shares on a 1:1 exchange basis and included a 10% to 30% premium.

Gold held gains as the US and Iran prepared to sign an interim peace deal that may ease global inflationary pressures arising from the war, according to Bloomberg.

Japan’s exports rose 17% year on year in May, above the 16.5% market expectation and up from the prior 14.80% reading.
According to Jin10, the data showed an acceleration in export growth compared with the previous figure.

Australia’s S&P/ASX 200 index opened 23.80 points lower, down 0.27%, at 8,893.90 on June 17 (Wednesday). According to Jin10, the decline was recorded at the market open.

US stocks paused after a three-day rally as investors shifted focus to a raft of central bank decisions this week. SpaceX continued to surge, according to Bloomberg, and was on track for a more than 50% jump since going public.

The World Bank’s board approved guarantees for a commercial loan of as much as $2 billion that Argentina plans to use to help pay down upcoming debt maturities. According to Bloomberg, the guarantees would support the loan Argentina intends to secure.

Exxon Mobil Corp. struck a preliminary deal to bring liquefied natural gas to South Africa to help bolster the country’s coal-reliant power grid. According to Bloomberg, the agreement was reached with people familiar with the matter.

Rackspace Technology Inc.’s $1.6 billion loan jumped after the cloud-computing services company signed a data center deal with Advanced Micro Devices Inc. According to Bloomberg, the move extended a rally in Rackspace’s debt, which had traded at deeply distressed levels just two months ago.
Rackspace is backed by Apollo Global Management Inc.

Csquare Inc., a data center company backed by Brookfield Corp., filed publicly for a US initial public offering tied to artificial intelligence infrastructure. According to Bloomberg, the filing adds to a rush of market debuts linked to AI-related data center and infrastructure demand.

Japan’s core machinery orders rose 15.6% year over year in April. According to Jin10, the result compared with a market expectation of 9.3% and a previous reading of 5.90%.

SoftBank Group shares fell 5%. According to Jin10, the report did not provide further details on the move.

Japan recorded an unadjusted goods trade balance deficit of JPY 378.7 billion in May.
According to Jin10, the result compared with a market expectation of a JPY 547.6 billion deficit.
The prior reading was revised to a JPY 299.3 billion surplus from an earlier JPY 301.9 billion surplus.

South Korea’s KOSPI index opened 106.53 points lower, down 1.22%, at 8,620.07 on Wednesday, June 17.
According to Jin10, the decline was recorded at the market open.

Rivian Automotive Inc. is cutting hundreds of jobs as it seeks to reduce costs while rolling out a new line of electric vehicles. According to Bloomberg, the job cuts are part of the company’s broader effort to rein in expenses.

Meitu (1357) recorded the largest increase in holdings via Shanghai-Hong Kong Stock Connect and Shenzhen-Hong Kong Stock Connect, rising by 42.04 million shares as of the holding date June 16, 2026. The data, according to Ming Pao, also showed the biggest reduction was in Southern Hang Seng TECH (3033), down 184 million shares.