When Elon Musk tweeted about Moltbook, the meme coin MOLT experienced a short-term 30% price surge, hitting a new all-time high of $114 million.

Crypto asset custody firm BitGo CEO Mike Belshe announced in a post today that the company will lay off approximately 15% of its staff. He characterized the layoffs as a one-time adjustment, emphasizing that no further cuts are expected. Belshe stated that the decision stems from profound evolutions in the crypto ecosystem and fundamental shifts in how financial services are structured. To remain competitive, BitGo needs to focus its resources on the most critical areas, including security, trading, stablecoins, settlement, and AI-powered infrastructure. BitGo is one of the world’s largest institutional digital asset custody providers, offering custody, trading, and wallet infrastructure services primarily to institutional clients. Affected employees have been notified directly by their direct managers and human resources departments.

According to monitoring by Beating, OpenAI CEO Sam Altman has confirmed delaying the full rollout of GPT-5.6 due to federal security review requirements, opting instead to offer limited preview access to a small number of partners. During the preview phase, the U.S. government will individually vet all accessing clients. U.S. Secretary of Commerce Howard Lutnick also called to warn OpenAI not to fully launch GPT-5.6 until obtaining joint approval from cross-agency bodies. Altman has told the government that the phased preview is not the preferred long-term model, and OpenAI will seek a more sustainable future release mechanism. The U.S. government’s intervention in frontier large language models has sparked industry concerns about a de facto access licensing system. Earlier this month, Amazon CEO Andy Jassy reported a security vulnerability to the White House, leading the White House to restrict cross-border access to Anthropic’s flagship models, forcing Anthropic to fully take down Fable and Mythos.

In 2026, nearly all major Chinese power semiconductor manufacturers have announced price hikes. Yangjie Technology announced it will raise prices across its entire product line by 10% to 15% starting July 1, marking its second price increase this year; Chongqing CR Microelectronics, Shilan Microelectronics, and NCE Power have also followed suit with price adjustments. Serenity notes that the driving force behind this round of price hikes has shifted from the cost side to the demand side: AI data center construction, energy storage system expansion, and the popularization of new energy vehicles are collectively driving sustained strong demand for power semiconductors. Serenity believes this trend sends a positive signal to the U.S. power semiconductor sector: tight Chinese production capacity will reduce price pressure on similar U.S. products, coupled with sustained demand validation and improved pricing power, U.S. power semiconductor stocks such as Alpha & Omega Semiconductor (AOSL) and Power Integrations (POWI) are expected to benefit, with these advantages emerging ahead of the full adoption of 800V DC architectures. Additionally, upstream material suppliers for power semiconductors are also poised to benefit, with demand for related materials including non-ferrous metals like copper and tin, as well as molding compounds, chemicals, and packaging consumables, likely rising in tandem.

According to Bitget market data, SK Hynix declined 4% and Samsung Electronics fell over 3%. Additionally, some US-listed storage stocks edged lower in after-hours trading: Micron Technology (MU.O) dropped nearly 4%, Western Digital (WDC.O) and Marvell Technology (MRVL.O) fell 2%, and Qualcomm (QCOM.O) decreased 1%.

According to EmberCN’s monitoring, Ethereum treasury firm Sharplink received 5,000 ETH (worth approximately $7.85 million) from FalconX today, marking its first ETH purchase in about eight months. As of press time, Sharplink holds a total of 876,000 ETH, with a current market value of around $1.37 billion, an average cost basis of $3,609 per ETH, and an unrealized loss of roughly $1.789 billion at current prices, translating to a 56% loss. The timing of this move is particularly notable: just three days ago (June 23), Sharplink co-founded non-profit organization Ethlabs alongside Bitmine and Ethereum co-founder Joseph Lubin, a new entity positioned to take over some functions of the Ethereum Foundation. Sharplink subsequently resumed ETH purchases on June 26, sparking widespread market speculation that the move is intended to provide endorsement and support for Ethlabs.

CICC Research: Gold’s Pullback Since March Not End of Bull Market, Turnaround Imminent Since March, gold prices have continued to correct, with international gold once dropping below $4,000 per ounce, a decline of over 25% from the early-March high of $5,321 per ounce. This is mainly driven by two factors: First, the US-Iran conflict pushed up oil prices and inflation, stoking market concerns about persistent US inflation and forming expectations of monetary tightening. Second, Christopher Waller’s debut at the June FOMC meeting was interpreted as hawkish, amplifying monetary tightening fears: Waller emphasized inflation discipline, the Fed’s dot plot revised up inflation expectations, and half of the 18 voting members supported at least one rate hike this year. Current market narrative holds that the Fed’s policy priority is “controlling inflation”, with futures markets pricing in one rate hike each in 2026 and 2027 to restore the dollar’s credibility, and a stronger dollar weighing on gold. However, CICC argues that linear extrapolation of these two logics is inappropriate: US inflation may have already peaked and could enter a downward channel in the second half of the year. Waller’s debut does not mean the Fed has fully shifted to tightening; his remarks may be aimed at reserving room for future policy easing. Therefore, this round of gold pullback is not the end of the bull market, and a turnaround may be near. CICC remains optimistic about gold’s outlook, advising investors to maintain positions, buy on dips, and wait for the turnaround. (Source: Jin10)