With the release of Non-Farm Payrolls (NFP) data imminent, spot gold’s intraday gain has widened to 2%.

AI infrastructure company Firmus has completed a $2 billion equity financing round, with a post-money valuation exceeding $105 billion. NVIDIA and Coatue Management are continuing their participation in the round, while funds under Blackstone and Jane Street have joined as new investors. Firmus, which originally engaged in bitcoin mining in its early days, later pivoted to become a data center and AI infrastructure provider; the capital raised in this round will be used to accelerate construction of its AI facility in Australia and further expand into the Asian market. (Reuters)

Hyperliquid Policy Center (HPC) announced it has submitted a policy statement to the U.S. Commodity Futures Trading Commission (CFTC) Agricultural Advisory Committee meeting, supporting U.S. users’ participation in on-chain derivatives markets and calling on regulators to adopt a gradual approach to advancing the development of innovative products such as perpetual futures. The submitted statement puts forward three key viewpoints: 1. Market choice is critical for risk management; users in agricultural and other derivatives markets need more tool options. Past experiences of restricting innovative products show that closing market choices without adequate assessment may incur costs. 2. A phased approach to regulating perpetual futures is a reasonable direction for the CFTC. HPC stated that the development of new derivatives should be driven by end-user demand, rather than solely relying on regulatory presets. 3. Public blockchains can enhance the efficiency of financial infrastructure. HPC believes blockchain technology can modernize clearing and settlement systems, improve collateral liquidity, while remaining compliant with the Commodity Exchange Act’s requirements for market integrity and risk protection.

Independent equity research firm Argus Research has upgraded SpaceX’s stock from Hold to Buy, setting a $160 price target. The move is backed by SpaceX’s $7.8 billion in revenue (up 92% year-over-year) and its projected revenue run rate to hit nearly $100 billion by the end of 2026. SpaceX’s shares have been highly volatile since its June 2026 IPO, currently trading around $110. The upgrade reflects analysts’ confidence in the company’s long-term growth across its core segments: space launch services, the Starlink satellite network, and AI infrastructure integration. While rising AI spending and stock volatility pose risk factors, Argus remains bullish on SpaceX’s operational performance and outlook, aligning with the overall Buy rating trend for the stock among most Wall Street institutions.

According to Bitget's market data, WTI crude oil has fallen by 2.00% intraday, currently trading at $75.82 per barrel.

Bernstein has set CleanSpark’s price target at $24 and assigned it an “Outperform” rating, while setting MARA’s price target at $17 and giving it a “Market Perform” rating. This contrast highlights the divergence in AI execution among data center operators: CleanSpark holds a $6.6 billion, 20-year AI lease agreement, whereas MARA is still in search of its first commercial AI contract.

Well-known trader Killa stated in a post that once Bitcoin breaks its current long-term downtrend line, never short the asset. "Many people overcomplicated simple trend shifts in the last cycle, and the weekly chart is the best confirmation signal," he noted. His accompanying chart displays Bitcoin's weekly charts from 2026, 2022, and 2018—all three feature similar post-peak descending channel patterns, used to draw parallels to the current market structure. Killa, a quantitative trader specializing in BTC, previously predicted the peak of this bull run in May 2025, and boasts over 200,000 followers on X. In mid-April, he shorted Bitcoin at $74,688, and switched to long positions during the broad market sell-off on June 5.