Global TradFi & Macroeconomics

According to Bloomberg, German semiconductor company Infineon Technologies is preparing to launch its largest single investment to date—a €5 billion ($5.2 billion) semiconductor factory—which will begin production on July 2. The power chip manufacturing facility, located in Infineon's Dresden

According to Iran's Islamic Republic News Agency (IRNA) on June 12, Iran stated it will not restore the Strait of Hormuz to pre-war status.

According to MSX.COM data, AI-related stocks surged in pre-market trading on June 12. Marvell Semiconductor (MRVL) rose over 11.3%, while Micron Technology (MU) gained 11.6%. Advanced Micro Devices (AMD) increased 7.974%, Broadcom (AVGO) rose 3.6%, and Arista Networks (ANET)

On June 11, the SEC proposed eliminating Rule 611 (Order Protection Rule) and Rule 610(e), two regulations that have governed U.S. stock market structure since 2005. The agency argues these protections, designed for slower markets, are no longer necessary today and contribute to market

According to Bloomberg, ENN Natural Gas terminated its privatization bid for ENN Energy on June 12.

According to the SEC and Galaxy Digital's Head of Research Alex Thorn, the Securities and Exchange Commission has proposed eliminating Rule 611 and Rule 610(e) from its National Market System framework to remove regulatory obstacles preventing automated market makers and decentralized exchanges from

According to Jin10, on June 12, Barclays raised Oracle (ORCL.N) price target from $240 to $250, while cutting Adobe (ADBE.O) price target from $275 to $250.

SPCX, a pre-IPO derivative product linked to SpaceX trading on decentralized derivatives exchange Hyperliquid, rose nearly 20% over three days as of the 12th at 4:30 PM, trading at $176. The price surge reflects market anticipation ahead of SpaceX's scheduled Nasdaq listing at 10 PM (Korean time) on

According to Cathay Wood, ARK Invest CEO, speaking on SamsungPro TV Crypto Plus on June 12, Bitcoin will gain prominence for its scarcity value amid an era of abundance created by artificial intelligence. Wood stated that as regulatory clarity improves under proposed legislation and AI drives

According to its official announcement on June 12, Trust Wallet launched support for bStocks tokenized U.S. stocks, with five assets available at launch: Tesla (TSLAB), Nvidia (NVDAB), Circle (CRCLB), Micron Technology (MUB), and SanDisk (SNDKB). Users can trade

Gate News: According to the latest Gate TradFi data, USDIDR (US Dollar vs Indonesian Rupiah) has dropped by 1% in a short period. Current volatility is significantly higher than recent averages, indicating increased market

According to Onchain Lens, a whale opened approximately 235,000 WTI crude oil short contracts with 20x leverage as crude oil prices fell below $85 per barrel. The position, with a notional value of around $19.38 million, quickly turned profitable. The whale's unrealized gains have

Japanese bitcoin treasury firm Metaplanet agreed to fully acquire Siiibo Securities, a licensed Type I securities firm, for 2.1 billion yen ($13 million), CEO Simon Gerovich announced Friday on X. The deal is expected to close in July this year and forms part of Metaplanet's 'Project Nova,' a

Gate News: According to the June 12 Gate Research Institute daily report, after BTC dipped to $59,129, it rebounded to above $63,000 and is currently consolidating around $63,359; ETH rose from a $1,505 low to around $1,660, and in the short term it is still under moving-average pressure. Among popular tokens, VELVET jumped 87.59% driven by the DeFi asset management narrative, MCTP rose 80.70% as demand for high-volatility, small-cap speculative trading heated up, and the AI-themed project SKYAI

According to Jin10 Data, China's enterprise loan rate remained at a low level of 3.0% in May, down 25 basis points year-on-year. Since the second half of 2018, the central bank has cut the reserve requirement ratio 18 times and reduced the policy rate a cumulative 115 basis points across 10

BlackRock filed a Form 8-A with the U.S. Securities and Exchange Commission for its iShares Bitcoin Premium Income ETF, set to trade under ticker BITA. Bloomberg Senior ETF Analyst Eric Balchunas said the filing typically means a launch in one week, estimating BITA would go live next Thursday. The f

According to the People's Bank of China (PBOC), the central bank is soliciting public comments on revisions to the Large Certificate of Deposit (CD) Management Measures today, June 12. A key change lowers the minimum investment amount for individual investors from its previous level to no less

According to Bloomberg Senior ETF Analyst Eric Balchunas and BlackRock filings, BlackRock's Bitcoin Premium Income ETF (BITA) filed a Form 8-A with the U.S. Securities and Exchange Commission on June 9, signaling an imminent launch within approximately one week. BITA employs a covered-call

The Hungarian forint strengthened 0.8% against the euro today, reaching 352.15, marking its highest level since September 2021.

According to BlockBeats on June 12, AMD shares rose nearly 2% in premarket trading as Citi upgraded the stock's rating from Neutral to Buy.