Huang Renxun has left Beijing, and NVIDIA has not disclosed whether Huang Renxun met with the DeepSeek founder.

June 21st, Galaxy Research announced that Bitcoin miners are entering a "Miner Capitulation" phase. The network’s current mining difficulty has fallen more than 20% from its all-time high, marking the largest pullback since China’s 2021 comprehensive crackdown on Bitcoin mining. The firm noted that this is the most significant drop in Bitcoin network difficulty from its peak in nearly five years, a sign that amid the bear market and squeezed profitability, some miners are continuously exiting the network or shutting down their equipment.

June 21: Binance Alpha will list Arcium (ARX) for trading starting June 22. Eligible users can claim their ARX airdrop via the Binance Alpha event page using Binance Alpha points—this process will be available once trading for ARX goes live. Full details will be announced shortly.

On June 21, prediction market platform Predict.fun announced that the 2026 FIFA World Cup Group H match between Saudi Arabia and Spain is scheduled to take place at 00:00 UTC on June 22. The latest odds show Spain has an 89% probability of winning, Saudi Arabia holds a 4% chance, and a draw is projected at 9%. Currently, the market is strongly leaning toward Spain based on its overall strength leading into the match.

June 21: Tech entrepreneur Peter Diamandis recently shared a prediction from Elon Musk. Musk stated that if current trends continue and a third world war does not break out, the global economy is expected to grow tenfold over the next decade—while humanity establishes a permanent base on the Moon at the same time. Musk admitted this forecast "sounds quite crazy," but called it a "fairly conservative prediction." He emphasized that geopolitical risk is the biggest variable in this outlook: "If something like World War III occurs, it would cause significant disruptions to these plans or expectations." Musk then retweeted Diamandis’ post and commented, "Wild times ahead!"

CNN, June 21, 2024 — Sina Azodi, director of George Washington University’s Middle East Studies Project, told CNN that while the U.S. and Iran have each accused the other of misconduct, both countries are dispatching senior officials to Switzerland for talks, driven by "a shared vested interest" in ending their ongoing conflict. Azodi noted that Israel’s offensive in Lebanon is viewed by Iran as a breach of their understanding memorandum, and the U.S. may frame Tehran’s threat to close the Strait of Hormuz as a violation of that same agreement. He also suggested that Iran is likely looking to "test whether Washington can rein in Israel to halt its hostile actions in Lebanon." As of press time, Pakistani Prime Minister Shehbaz Sharif and Army Chief of Staff Gen. Asim Munir have arrived in Switzerland to join the U.S.-Iran technical talks, which are held under the Islamabad understanding memorandum.

(June 21) — The Iranian negotiating delegation, U.S. Vice President Kamala Harris, Pakistan’s prime minister, and Pakistan’s army chief have all arrived in Switzerland to launch technical talks, foreign media reported. Earlier reports said Harris noted the U.S.-Iran negotiations will focus on two critical issues: the nuclear program and a ceasefire in Lebanon. Iranian officials, meanwhile, stated that resolving the Lebanon conflict is the top priority for their delegation during this round of discussions. (FX168)