Trump: Strait of Hormuz to Fully Reopen by Friday

June 16 (Xinhua) — Switzerland has indicated that a potential signing ceremony for a memorandum of understanding between the U.S. and Iran is scheduled for June 19 (Friday) at Bürgenstock in central Switzerland.

June 16: Per HTX market data, Bitcoin briefly dipped below $66,000 and is now trading at $66,052, down 0.65% over the past 24 hours.

June 16 – Limitless Labs (formerly LimitlessCNC) announced today it has closed a $20 million Series A funding round, led by Dell Technologies Capital and Square Peg, with participation from Grove Ventures, Meron Capital, and Kinetica. The firm says it’s the world’s first intelligent agent-based physical AI platform tailored for the CAD/CAM (Computer-Aided Design and Computer-Aided Manufacturing) space in mechanical manufacturing. Integrated directly into the CAD/CAM tools engineers use daily, its AI agent system helps manufacturing businesses capture, standardize, and scale the expertise of their senior programming teams. Since emerging from stealth mode, Limitless Labs has scaled from early pilot programs to full production deployments, counting clients like Blue Origin, Cadillac F1, Sandvik, and Iscar across sectors including aerospace, defense, motorsports, and industrial machinery. The tool cuts CNC programming time by up to 50% for users. Click the original article link below t

On June 16, SpaceX’s total market cap surpassed Amazon’s, elevating it to become the fifth-largest company in the world. According to market data from Bitget, SpaceX’s current valuation stands at $2.733 trillion, while Amazon’s market cap is reported at $2.633 trillion.

June 16 — Binance’s license application in Greece is expected to be rejected by the country’s regulatory agency, according to two sources familiar with the matter who spoke to Reuters. The outcome could cost the crypto exchange its eligibility to serve customers across the European Union, the report notes. Should the application ultimately be denied, it would pose a major hurdle for Binance’s compliance framework in the EU market. No formal decision on the bid has been announced as of yet.

On June 16, Bitget market data shows SpaceX (ticker: SPCX.O) saw its price surge 9% during initial trading.