Framework closes its fourth fund with $400 million, to invest in cutting-edge technology sectors.

Per Bitget market data, spot gold rallied 15 USD in the short term, breaking above 4060 USD per ounce, with an intraday gain of 0.83%.

Per Onchain Lens monitoring, a crypto whale opened a 20x leveraged Ethereum short position after lying dormant for 8 months, currently holding 12,832 ETH in the position, valued at $19.7 million.

According to Al Arabiya TV, the next round of US-Iran negotiations will be held on June 28 and 29. Separately, Iran’s Press TV reported that to prevent incidents in the Strait of Hormuz that could trigger military conflict and to implement Article 5 of the Islamabad Memorandum of Understanding, the two sides have established a communication channel. Iran stressed that under the agreement, all vessels transiting the strait must follow the routes announced by Iran.

According to HyperInsight monitoring, amid a short-term market dip, crypto figure "Big Brother Ma Ji" Huang Licheng’s 25x leveraged Ethereum (ETH) long positions have been partially liquidated again. His account has suffered a cumulative loss of $33.85 million, with a $2.43 million loss recorded over the past month. The remaining value of his positions stands at $970,000, with an entry price of $1,565.38 and a liquidation price of $1,504.69.

According to HTX market data, Bitcoin has dipped below $59,000, with a 3.7% decline in the past 24 hours.

Goldman Sachs notes that the 2026 U.S. stock market IPO market is experiencing its strongest rebound in recent years, but is nowhere near replicating the speculative frenzy of the dot-com bubble era. So far this year, around 50 companies have listed in the U.S., doubling the count from the same period last year; by deal value, mid-year issuance volume has reached roughly $120 billion, matching the full-year record set in 2021. Goldman Sachs Chief U.S. Equity Strategist Ben Snider said in the bank’s podcast that this is to some extent just a normal recovery, driven by a cluster of large companies going public and robust financing demand in the AI sector. While bubble warning signs—including high valuations, strong investor confidence, and AI as the dominant investment theme—warrant attention, Snider emphasized that one key metric remains far from historical peaks: the number of IPOs. Over the past 25 years, the U.S. has averaged roughly 100 IPOs annually; the current pace is close to that level, compared to over 250 in 2021 and nearly 400 at the 1999 peak of the dot-com bubble. “Despite the fairly high deal value and accelerating activity, in my view, it is still far from the exuberance seen in those periods,” Snider said.