TRUMP unlocked 40 million tokens 5 hours ago, equivalent to around 300 million US dollars

According to Bitget market data, USD/JPY has plunged sharply and continued its downward trend, with a cumulative drop of over 400 pips and a daily decline of 3%. It is now trading at 158.5, marking the largest drop since the Japanese government intervened in the market earlier this year. Market speculation suggests Japanese authorities may intervene again to support the yen, as the Bank of Japan will announce its interest rate decision tomorrow. The yen has weakened significantly recently, hitting a nearly 40-year low. Although the Japanese government implemented a record total of 11.73 trillion yen (about $73.2 billion) in foreign exchange market interventions between April 28 and May 27 to prevent USD/JPY from falling below the 160 threshold, the yen has remained under pressure since then. According to foreign exchange reserve data released by Japan's Ministry of Finance, the funds needed for the Japanese government's recent forex market interventions are likely to come from sales of its held foreign securities assets, including U.S. Treasury bonds.

According to market data from BIT (bit.com), US stocks staged a broad-based rally, with the semiconductor storage sector leading gains. The Nasdaq rose over 2%, the Dow added 0.48%, and the S&P 500 gained more than 1%. The Philadelphia Semiconductor Index jumped over 6%, on track for its largest single-day gain in a month. All major storage stocks surged over 10%: Micron Technology climbed 10.44%, SK Hynix rose 10.02%, SanDisk advanced 17.24%, Western Digital gained 14.33%, Seagate Technology jumped 16.38%, and Kioxia ADR rose 10.95%. Microsoft’s rally extended to over 15%, poised for its biggest single-day gain since March 2020. After Wednesday’s US market close, Microsoft released its Q4 FY2026 financial results: revenue reached $90 billion, up 18% year-over-year. Growth for Azure and other cloud services accelerated to 43% from 40% in the previous quarter. ARM’s gains once widened to 19%, after it had fallen nearly 8% in pre-market trading earlier, marking its largest single-day jump since March 25. The company’s Q1 FY2027 revenue totaled $1.289 billion, up 22% year-over-year, setting a new first-quarter record.

According to BIT (bit.com) market data, Microsoft’s gains widened to over 15% after the U.S. stock market opened, putting it on track for its largest single-day gain since March 2020. The company released its fiscal 2026 fourth-quarter results after U.S. markets closed Wednesday, reporting revenue of $90 billion, an 18% year-over-year increase. Growth for Azure and other cloud services rose to 43% from 40% in the prior quarter. CEO Satya Nadella said Azure’s full fiscal year revenue exceeded $100 billion, growing 41%—marking the first time the business has crossed the $100 billion threshold.

According to market data from BIT (bit.com), the three major U.S. stock indexes advanced at the open of U.S. trading: the Dow Jones Industrial Average rose 0.6%, the S&P 500 gained 1%, and the Nasdaq climbed 1.6%. Microsoft jumped roughly 12% after releasing its fiscal 2026 fourth-quarter results in Wednesday’s post-market session, reporting revenue of $90 billion, up 18% year-over-year. The storage sector saw sharp gains, with SanDisk (SNDK.O) rising around 11% and SK Hynix (SKHY.O) climbing approximately 7%.

According to market data from BIT (bit.com), most US-listed crypto-related stocks rose at the opening of the US stock session, with the following performance: Strategy (MSTR) up 1.25%; Coinbase (COIN) gained 0.60%; Circle (CRCL) down 0.15%; BitMine Immersion (BMNR) rose 1.66%; SharpLink Gaming (SBET) jumped 3.34%.

According to market data from BIT (bit.com), ARM’s gains expanded to 19% at one point after the U.S. stock market opened, following a nearly 8% drop in pre-market trading earlier. This marks its largest single-day gain since March 25.