The popular AI framework Virtuals Protocol will host an in-person meet-up in Hong Kong on Friday, January 17.

June 12 – Micron Technology posted a strong 11.7% gain in Thursday’s closing trading, triggering stabilization and a rebound across the global memory chip sector and reigniting market optimism about the storage cycle’s long-term sustainability. A Morgan Stanley analyst labeled the recent pullback a phased retreat within an upward cycle—not a full trend reversal. He emphasized that ongoing buildout of artificial intelligence (AI) infrastructure is driving surging DRAM demand, with storage standing as a critical bottleneck for expanding AI computing power. Research shows DRAM prices have now entered a steep upward trajectory, and some long-term supply agreements are starting to lock in production capacity. This shift is moving the industry away from a spot-driven model toward one dominated by contracts, a change that could reshape how the storage sector is valued. Wolf Research similarly noted that AI data center demand is vastly outpacing supply growth, meaning DRAM and NAND prices w

On June 12, data from Onchain Lens shows that the crypto address '0xC5A' withdrew 73,485 HYPE tokens from Gate Exchange over the past 24 hours, worth approximately $4.34 million.

June 12 — U.S. Ethereum spot ETFs posted a net outflow of $15.9 million yesterday, marking the third consecutive day of net outflows, per Farside data. Breakdown: ETHA recorded a net inflow of $8.6 million; FETH saw a net outflow of $20.5 million; Grayscale ETH logged a net outflow of $4 million.

June 12, per Hyperinsight’s monitoring: HYPE’s intraday rally has driven $11.5 million in 24-hour Time-Weighted Average Price (TWAP) spot net buying volume on Hyperliquid. This uptick comes down to two key factors: alleged a16z-linked wallets have been steadily accumulating HYPE via 10 separate addresses, and a separate whale is planning to acquire 83,000 HYPE tokens — marking the single largest TWAP buy order recorded in this period. Notably, this whale had previously held an approximate $2.4 million short position on Hyperliquid. The recent HYPE rebound pushed its unrealized loss to $660,000 (a 152% drawdown), which has surpassed its initial margin. To mitigate this risk, the address intends to purchase spot HYPE while adding to its existing short position to lower its average entry cost; its total short position is expected to rise to $7.33 million. Wallet Address: 0xc6877a65349b0fa45cc61a267ee682c7abf2b369 The HyperInsight Bot is now live! Add @HyperInsightBot to your Telegram (

Per Arkham Monitor on June 12, trader 0x9cc deposited $16.6 million in USDC into exchange Hyperliquid over the past 48 hours to open leveraged long positions in the upcoming SpaceX token SPCX. The trader currently holds approximately $18.5 million worth of SPCX, while retaining an additional $10 million in USDC on-chain for liquidity purposes.

June 12 – The U.S. market has unveiled a new double-leveraged product tied to Innovate Inc., operated by ProShares. The product is currently in its fundraising stage and is expected to launch in two months. A filing submitted to the U.S. Securities and Exchange Commission (SEC) at 4:00 p.m. local time on June 10 confirms the fund’s official name: ProShares Ultra Innovate Inc. Previously, the widely referenced "White-Haired Stock Guru" has repeatedly highlighted Innovate Inc., stating: “The only A-share market target I recommended last year was Innovate Inc., and it has since surged more than 100%.” Market data shows Innovate Inc. is currently trading 0.44% higher, with a 10% gain over the past month and a 93.99% rise over the past six months.