Serenity: The Photonics Track is still in its very early stages, with most revenue ramp expected to start in 2027

On June 18, HTX market data shows Bitcoin is currently trading at $64,106.46, with a 1.16% drop over the past 24 hours. Ethereum is at $1,747.67, down 1.41% in the same period. Looking at current funding rates on major centralized (CEX) and decentralized exchanges (DEX), bearish momentum in the market is easing. For Bitcoin, funding rates across most platforms have flipped positive, though most still fall short of the 0.01% baseline rate. Overall, BTC’s funding rate structure sits between neutral and weak, with moderate bullish momentum that hasn’t yet consolidated above the baseline. Ethereum’s outlook is slightly stronger than BTC’s: most major ETH platforms now have funding rates above the 0.005% threshold, placing them in a neutral sentiment range. Bullish sentiment for ETH is recovering a bit faster than BTC’s, but no valid long-position signal has formed yet. BlockBeats Clarification: Funding rates are a mechanism used by crypto trading platforms to align perpetual contract

On June 18, the Bank of England kept its benchmark interest rate steady at 3.75% for the fourth straight meeting, as widely expected.

June 18 – Iran’s state TV: Ships must still coordinate with the Iranian Revolutionary Guard Navy to transit the Strait of Hormuz.

June 18 — Bloomberg analyst Eric Balchunas reports that Hong Kong’s CSOP SK Hynix 2x Leveraged ETF has reached $13 billion in assets under management (AUM), making it the second-largest product among Hong Kong’s 250 local ETFs and accounting for 13% of the region’s total ETF assets. It is also the fastest-growing ETF in Asia and the fourth-fastest growing globally. Launched in October 2025, the fund’s rapid expansion directly mirrors surging demand for AI-driven memory chips. As a key supplier of high-bandwidth memory (HBM) chips to NVIDIA, SK Hynix has posted robust stock performance amid this AI-related market trend.

June 18: According to Bitget data, SK Hynix’s stock price rose 6.51% today, pushing its market capitalization to $1.24 trillion—surpassing Micron Technology’s $1.18 trillion. The move lifted SK Hynix to 18th place in global asset market cap rankings, bringing it close to Bitcoin’s $1.282 trillion total market cap. Current calculations show the gap between SK Hynix and Bitcoin is roughly 3.4%, further narrowing the divide between the two.

On June 18, investment bank Stifel raised its price target for Micron Technology (ticker: MU) from $550 to $1,500.