U.S. Stocks Close Lower This Morning, Nasdaq Drops Nearly 2%, HYPE Finance Company PURR Plunges Over 8%

June 11, per HTX market data, Bitcoin briefly rebounded above $62,000, currently trading at $61,932 with a 0.36% gain in the past 24 hours. On the news front: U.S. Central Command (CENTCOM) announced that under a CENTCOM directive, additional self-defense strikes were carried out against multiple targets inside Iran. CENTCOM forces targeted Iranian military reconnaissance facilities, communication systems, and air defense sites. Units from the U.S. Marine Corps, Air Force, and Navy deployed precision-guided munitions at Iranian assets posing threats to U.S. forces and international commercial shipping in regional waters. These strikes are a response to Iran’s unjustified and ongoing aggressive behavior. The U.S. military remains vigilant, fully prepared, and ready to respond at any time.

June 11 – Sentiment in gold derivatives has turned sharply bearish as bullion prices extend their pullback, with traders ramping up bets on further declines, CNBC reports. Some long-dated options are even pricing in a potential 40% drop in gold prices over the next two years. Data for options on the SPDR Gold Shares (GLD) ETF shows that during Wednesday’s single-day gold price plunge of over 4%, roughly $130 million of the ~$200 million in total option premiums traded that session went to put options. Separately, the volume of call options sold outpaced those bought, reinforcing a bearish positioning. Breaking down the day’s most active contracts: 8 of the top 10 were put options, with most trades executed at or above the ask price – a clear signal of funds actively positioning for downside risk. GLD has already fallen about 25% from its February peak, with selling pressure holding steady. One notable trade drew heavy volume in a June 2028 put option with a $240 strike, which implie

June 11 — According to Bitget market data, South Korea’s KOSPI Index reversed its decline after earlier dropping over 4%. SK Hynix turned positive, rising 1.22% at press time, while Samsung trimmed its loss to 1.82%.

June 11 (Yonhap) — Sam Altman, founder of OpenAI, will visit Samsung Electronics to discuss applications of artificial intelligence (AI). Click the original article link below to join the Daxue BeatByte · Feishu AI News Channel, which monitors global AI trends and breaking news around the clock.

On June 11, EmberCN’s monitoring showed that VELVET, the token of decentralized exchange (DEX) project Velvet Capital, saw unusual price swings recently, jumping roughly 10x from around $0.09 to $0.9 in a short timeframe. Amid the sharp rally, addresses linked to the project transferred approximately 22 million VELVET to exchanges including Bitget, Gate.io, and KuCoin over the past three days, totaling about $19.8 million. The market viewed this as a sign of potential concentrated selling pressure. Separately, market maker and liquidity provider DWF Labs moved some 6.68 million VELVET to those same exchanges in the past month, valued at roughly $6 million. This on-chain fund transfer coincided with the rapid price surge, sparking community debates over the so-called "spot pump + contract liquidation" scheme.

June 11 — The U.S. military has announced it launched a new strike operation targeting Iran. Earlier, CCTV International News reported that at around 4:20 a.m. local time on June 11 (equal to 8:50 a.m. Beijing time), explosions were detected in the Varlamid region of Iran’s Tehran Province. Iranian authorities have not yet released an official statement regarding the incident. Additionally, explosions were heard earlier in Karaj — the capital of Alborz Province, which sits roughly 36 kilometers west of Tehran.