10 #Bitcoin ETFs outflows 3,062 $BTC(-$302.76M) and 9 #Ethereum ETFs outflows 16,114 $ETH(-$53.01M) yesterday.

June 10th – According to The Information, OpenAI is in talks for a 20-year lease agreement, which would mark its largest infrastructure investment commitment to date. Nvidia has been discussing providing credit support for the project. (Jinshi)

On June 10th, on-chain analyst EmberCN’s monitoring shows a whale address holding roughly 50 million DAI used 16.87 million DAI to buy 10,376 ETH approximately 12 hours ago, at an average price of around $1,626. After completing the purchase, the address transferred the acquired ETH to a separate storage wallet.

June 10 | Official Announcement: Temporary Disruption to Binance Stock Trading Service Due to a planned system upgrade by our partner broker, Binance’s stock trading service will be temporarily unavailable from 18:50 UTC+8 on June 13 to 00:00 UTC+8 on June 14. Important reminder: All outstanding stock orders must be canceled before the upgrade starts to avoid potential losses. Any active stock orders in place at 18:50 UTC+8 on June 13 will be automatically canceled at that time. The upgrade is scheduled to take place outside regular market hours and is expected to wrap up within the planned time window. Early completion or possible delays due to extra work cannot be ruled out. Once the upgrade finishes, the stock trading service will resume automatically—no additional action is needed from users. We advise all users to make necessary trading arrangements in advance to minimize any impact on their trading activities during this period.

June 10 – According to Grayscale Research’s latest "Is Bitcoin Cheap Yet?" report from director Zach Pandl, Bitcoin has dropped below $60,000 to hit a new cycle low. A comprehensive analysis of various on-chain valuation metrics shows the cryptocurrency is currently undervalued, though its valuation appeal isn’t as strong as it was at previous cycle bottoms—like right after the FTX collapse. The report’s combined valuation model draws on three on-chain indicators: NUPL (Net Unrealized Profit/Loss), Price/CVDD, and Market Cap/Thermo Cap. It finds Bitcoin is trading significantly below long-term average levels. Grayscale also notes this bear market could be milder than past cycles, thanks to factors including a more moderate rise in the prior bull run, plus market structure improvements from spot ETF launches, wealth management platform allocations, and growing institutional adoption. Looking ahead, Grayscale advises investors to watch two short-term catalysts: progress on the U.S. Sen

June 10 — UBS has raised its target price on semiconductor equipment giant Lam Research (LRCX) to $375, up from its prior $310, while retaining a “Buy” rating, according to market sources. The move follows a string of positive analyst actions and builds on momentum from KLA Corporation’s strong third-quarter results announced in April, where the company beat both revenue and EPS estimates. Lam Research’s upside is also supported by the AI-driven surge in semiconductor industry demand, plus expectations of increased spending on wafer fabrication equipment (the machinery used to manufacture computer chips).