The Kingdom of Bhutan has transferred 533.2 BTC to Binance, equivalent to $34.52 million.

June 17th – Crypto KOL Ansem announced he’s considering boosting his SpaceX stock holdings, noting the market has drastically underestimated the supply-demand imbalance caused by SpaceX’s low float. SpaceX continues to top both stock trading volume and options trading volume, and Ansem argues prevailing market bearish sentiment could lead to additional stock squeezes. Ansem also highlighted a widespread market misconception about SpaceX’s progress across its diversified business lines, explaining too much focus has been put on its current revenue figures. He projects SpaceX could become the world’s most valuable company by year-end, adding that the upcoming 30% stock unlock in August will serve as a key milestone for a partial breakout.

On June 17, data from Bitget indicated that U.S. storage-sector concept stocks rallied broadly during trading. Major names in the sector posted robust gains: Western Digital (WDC) jumped more than 6%, Seagate Technology (STX) rose over 4%, while Micron Technology (MU) and SanDisk (SNDK) each advanced by more than 2%.

June 17 – Goldman Sachs sees the global economy shifting away from the “modern” supercycle defined by low inflation, low interest rates, and globalization, toward a “post-modern” era marked by greater macro volatility, higher real interest rates, expanded government intervention, and deeper regionalization. In this new environment, the era where returns were driven by valuation expansion is over, with earnings per share (EPS) set to become the core factor powering market performance. Strategists including Peter Oppenheimer and Sharon Bell noted in a report titled “The Post-Modern Era: Embracing the Capex Boom” that higher capital costs will cap multiple expansion, while cross-sectional market returns are growing more dispersed. Strategies relying solely on beta exposure will face growing headwinds, making alpha generation from active stock selection far more valuable. The report highlights that a capex supercycle is taking shape, fueled by two key drivers: AI revolution-fueled private

June 17: According to Bitget data, U.S. stock markets opened with the Dow Jones edging slightly higher, the S&P 500 Index rising 0.12%, and the Nasdaq gaining 0.43%. SpaceX (SPCX.O) climbed 3.6%, extending its winning streak to four consecutive trading days. Semiconductor stocks rallied sharply: ASML (ASML.O) jumped 5%, Marvell Technology (MRVL.O) rose 5%, Broadcom (AVGO.O) added 2.4%, and Intel (INTC.O) advanced 4.1%.

June 17: SpaceX (SPCX) has surged over 49% since its IPO on June 12. The company is currently valued at approximately $2.658 trillion, making it the world’s fifth-largest public firm—double the $1.301 trillion market cap of Bitcoin.

June 17 – European Central Bank (ECB) President Christine Lagarde warned Wednesday that artificial intelligence (AI) could potentially spark a financial crisis, and the central bank is committed to preventing that from happening. “Even with a solid regulatory framework, we can’t halt AI development,” Lagarde said. “What we can do is prepare.” She added that the real risk isn’t AI itself, but the upheaval that could unfold when this disruptive new variable enters the real world. “In modern history, there’s one force that has destroyed jobs and eroded savings on a scale unmatched by any technological innovation—and that force is a financial crisis,” Lagarde noted. “As these systems grow more powerful, they’re increasingly permeating the economy.” Next, the ECB will send letters to major bank CEOs to ensure they’re ready for AI-related risks and have sufficient resilience. Addressing these risks will require substantial investment, the central bank acknowledges. Lagarde also emphasi