Unfazed by Interest Rate Hike Fears, AI Frenzy Hits Japanese Stock Market, Nikkei Surges Above 67,000 Points
June 1 marked a notable shift for Japan’s historically stable stock market, years after the country’s economic bubble burst. Starting May 21, the market has rallied sharply, driven by SoftBank Group. SoftBank’s market cap has surged to roughly ¥46 trillion (around $288 billion), officially edging past Toyota to become Japan’s most valuable company by market capitalization. The global AI investment craze has finally taken hold in Japan’s equity markets.
Notably, 15 days after the Nikkei 225 crossed the 67,000 threshold, the Bank of Japan will deliver its interest rate decision. Polymarket data puts an 88% probability of a rate hike at this meeting, though this potential headwind appears to have been fully priced into the market. A Nomura Securities analyst said last week that with upward revisions to profit outlooks for AI and semiconductor firms, the Nikkei 225 is forecast to hit 68,000 by the end of 2026, and could rise to 70,000 in 2027.
3 minutes ago
Sui Network Mainnet Postmortem: 3 Major Incidents Caused by Upgrade, No Rollback of Confirmed Transactions
Sui Mainnet Experienced Three Outages Over May 28-29, 2026; User Funds Remain Safe
**June 1 Update**
Sui’s June 1 official announcement (originally in Chinese, translated for clarity) reviews three network outages on its Mainnet, occurring in Pacific Time (UTC-7) on May 28 (Thursday) and May 29 (Friday), 2026.
Root causes for the first two outages: A crash bug arising from interactions between the network’s Gas billing logic and its newly launched Version 1.72, which introduced the Address Balances feature. To get the network back online quickly, the Sui core team deployed a temporary fix for the Thursday outage—even though this fix carried a low probability of causing another failure, the team accepted the risk to prioritize rapid recovery. A variant of this same known issue caused the Friday morning outage.
The third outage hit Friday afternoon during a routine Epoch transition. When validation nodes restarted to deploy the Friday morning fix, a long-dormant latent bug relat
3 minutes ago
A whale from the Hyperliquid protocol made a decentralized purchase across four addresses, buying $6.01 million in spot markets, single-handedly supporting the price of HYPE. Over the next 24 hours, this purchase contributed to almost half of the Time-Weighted Average Price (TWAP) buy volume.
June 1, per monitoring by Hyperinsight (https://t.me/HyperInsight), an intraday rally in HYPE’s price is driving Hyperliquid to plan purchases of over 10,000 HYPE spot tokens via a Time-Weighted Average Price (TWAP) order. The effort involves 8 whale addresses, with total planned buys exceeding 146,000 tokens, equivalent to roughly $10.51 million.
According to reports, the top four addresses on the current buyer list all belong to the same whale entity. This entity received approximately $10 million in on-chain funds, which it split across four separate addresses. Over the next 24 hours, the group intends to continue buying, with a total planned purchase of 83,500 tokens via TWAP orders, valued at around $6.01 million.
A portion of these buy orders has already been executed. Based on existing orders, HYPE’s TWAP net buying pressure over the next 24 hours stands at $11.20 million – an approximately 186% increase from yesterday’s comparable data. Currently, this single whale accounts f
3 minutes ago
The AI Investment Frenzy Propels Serenity to Stardom, X Platform's Subscriber Count Trails Elon Musk by Only 4,000
June 1: Fueled by the ongoing AI investment craze, the so-called "Stock God" Serenity has surged to internet fame. The figure’s X account boasts 43,000 followers—only 4,000 short of the platform’s top account, Musk’s, which has 47,000 followers.
BlockBeats Note: Serenity is a well-known personality on Reddit’s WallStreetBets (WSB) forum, wielding notable influence among veteran traders. The analyst consistently shares his core research findings for free, focusing on key nodes in NVIDIA’s AI chip supply chain. By conducting in-depth analysis of the "screw-type" components that are indispensable to chip manufacturing and packaging, Serenity successfully pinpoints supply chain chokepoints. Building on these insights, he targets upstream entities characterized by scarcity and strong bargaining power for investment opportunities.
3 minutes ago