Huang Renxun has left Beijing, and NVIDIA has not disclosed whether Huang Renxun met with the DeepSeek founder.

June 17 – As the Federal Reserve gears up to announce its interest rate decision, Fidelity Investments analysts note that the first major public appearance of newly confirmed Fed Chair Kevin Warsh could be a key trigger for market volatility—especially in the bond sector. Julian Potenza, Fidelity’s fixed-income investment manager, emphasized that Warsh’s communication style will directly shape how markets react once investors digest the central bank’s policy statement and quarterly economic projections. “Right now, almost no one expects the Fed to actually adjust rates,” Potenza said. “But with Warsh’s approach to conveying his views still unclear, there’s plenty of room for market swings. It’s standard for investors to ‘test’ a new Chair shortly after they take office.” Markets broadly expect the Fed to hold its policy rate steady in the 3.5% to 3.75% range while shifting its statement to a more neutral stance—ending the persistent dovish trend that began in 2024. Some officials

June 17: U.S. optoelectronics concept stocks rallied across the board, per Bitget data. Credo Technology (CRDO) surged over 6%, AXT Inc (AXTI) climbed more than 5%, Astera Labs (ALAB) and Marvell Technology (MRVL) each rose over 4%, while Coherent (COHR) and Ciena (CIEN) added more than 2%.

June 17th – Leading crypto KOL Ansem shared that Bitcoin is currently at a critical juncture, retesting its key weekly resistance level around $65,000 to $66,000. He’s holding off on going long on BTC at this level, explaining there are stronger long opportunities elsewhere in the market. Still, should BTC close above this range, it could retest $72,000 – an outcome he personally favors. If his assessment is off and BTC drops below $63,800, signaling clear weakness, the short-term outlook will turn bearish, with a potential retest of $60,000. In that scenario, traders may consider short positions, with a stop-loss set above the recent short-term consolidation range. Ansem also noted that today’s FOMC minutes, releasing at 2:30 ET, could significantly impact the market’s direction.

Stablecoin payment infrastructure firm Trace Finance closed a $32 million Series A funding round on June 17. Leading the round is CoinFund, with participation from investors including Coinbase Ventures, Haun Ventures, Jump Capital, Paxos, Chainlink Labs, HOF Capital, and others. Trace Finance co-founder and CEO Bernardo Brites shared that the company’s valuation has grown approximately tenfold since its 2022 seed round, though he declined to disclose a specific exact figure. Headquartered in Brazil, Trace Finance offers stablecoin-based cross-border payment infrastructure, combining local banking channels, foreign exchange services, compliance frameworks, and stablecoin settlement functionality. It currently holds regulatory licenses in the United States and Brazil, and operates through partner banks in Mexico, Colombia, Europe, and Asia. Looking ahead, the company plans to expand into Mexico, Colombia, and Argentina first, before targeting markets in Singapore, Hong Kong, Japan, So

On June 17th, President Trump announced via social media: "I’m holding a press conference in France in 45 minutes. After that, I’ll head to Versailles for a dinner with French and other European leaders, then fly back home tonight. This trip has been a huge success—and the main topic everyone’s buzzing about? Iran will never get nuclear weapons, and the Strait of Hormuz will be reopened immediately!" All parts of the U.S. economy are performing extremely well, with employment numbers hitting an all-time high. Over $19.1 trillion is being invested in the U.S., and everything from factories to other sectors is moving full speed ahead. Importantly, thanks to the deals we’ve secured, the stock market has surged significantly lately; oil prices are dropping too!

On June 17, MegaETH officially rolled out MOSS — the crypto space’s first frontend purpose-built for AI Agent functionality. Prior to this, enabling an AI Agent to manage a crypto wallet came with two major hurdles: either granting the agent direct access to private keys (a huge security risk) or requiring manual approval for every transaction (which kills true autonomy). MOSS solves these problems through limited permissioning. Users only need to set plain, easy rules like: “Let the agent process up to 500 USDM in transactions daily” or “Only interact with Aave.” The AI Agent can then execute transactions autonomously within the authorized scope, no repeated user confirmations necessary. Plus, users can revoke authorization instantly with a single click to keep their funds safe at all times. What’s more, MOSS lets users manage funds across multiple protocols via one wallet — no need to deploy separate wallets for each protocol or configure permissions individually. The agent can fl