Analyst: SpaceX Valuation Decoupled from AI Industry Health, More of a Trust Premium on Musk

On June 18, Bitget data shows that Hong Kong-listed Wisdom Power extended its afternoon rally, surging over 22% to cross HK$2,010 and hit a fresh all-time high.

June 18: Bitmain’s stock surged over 16% intraday, hitting a record high with a market cap of 965.6 billion yuan, per Bitget data. A recent industry update: Media reports note domestic Chinese internet firms are purchasing local computing power. Sources familiar with the matter say ByteDance is in negotiations with Tianya Zhixin to acquire at least 50,000 AI chips, primarily for inference workloads. Huawei and Bitmain are also listed as ByteDance’s chip suppliers. Additionally, online rumors have spread about an alleged internal Bitmain communication transcript. The claim states Bitmain’s two core models for ByteDance are the 580 and 690: 120,000 to 160,000 units of the 580 model are expected to deliver this quarter, while the 690 model is set for release in the second half of the year. A Bitmain securities affairs representative responded to the rumor, calling the circulated transcript an online "short essay." The rep advised investors to rely on official, verified information inst

June 18, per Hyperinsight Monitor (https://t.me/HyperInsight), a Hyperliquid trader opened a 10x long position on HOOD (Robinhood). The current position size is $2.08 million, with unrealized gains of roughly $660,000, an average entry price of $73, a 472% return rate—meaning the initial investment has more than quadrupled. On the market front, HOOD on Hyperliquid has risen 10.4% over the past 24 hours. During U.S. after-hours trading, it continued to trade at high levels, currently sitting at $107.5. Since hitting its low earlier this month, HOOD has accumulated an overall gain of about 35%. The rally is mainly driven by reports that the SEC is considering advancing the "Tokenized Stock Innovative Exemption" policy. If implemented, this rule would allow cryptocurrency companies to offer blockchain-based versions of traditional stocks, enabling 24/7 trading and near-instant settlement. Wallet address: 0x5f94a51948d2376ad34a6fadfa2544e651b74b96 The HyperInsight Bot is now live! Add

June 18: Binance officially announced that it will add observation tags to four tokens—Act I: The AI Prophecy (ACT), Blur (BLUR), PIVX (PIVX), and QuarkChain (QKC)—effective June 18, 2026. Tokens with observation tags carry higher volatility and greater risk compared to other listed assets. Binance will closely monitor these tagged tokens and conduct continuous reviews. Trading these assets is risky because they no longer meet the platform’s listing standards and may face delisting.

June 18, the Federal Reserve’s latest dot plot delivered a hawkish signal, leading markets to recalibrate expectations for future interest rate cuts. In his first public remarks as Fed Chair, Jerome Powell emphasized the need to stay vigilant about inflation risks and confirmed that monetary policy will remain focused on achieving price stability. Consequently, the three major U.S. stock indexes pulled lower in late trading, with technology and growth sectors under pressure. Market analysts note this recent correction is primarily driven by investors repricing the future interest rate trajectory, rather than any meaningful deterioration in economic fundamentals. Against the backdrop of the Federal Reserve’s evolving policy framework, global markets may enter a new cycle of volatility. For investors, balancing exposure to U.S. equities with cross-market, multi-asset allocation to diversify risks is becoming an increasingly critical investment strategy. As a global one-stop multi-asse

June 18th: CryptoQuant analyst Maartunn posted that at current Bitcoin prices, Strategy’s BTC reserves are enough to cover its dividend payments for roughly 32 years. However, if Strategy has to sell BTC to make those dividend payments, that selling pressure could drive Bitcoin’s price down. A lower Bitcoin price would in turn shrink the value of its BTC reserves, cutting short the 32-year coverage period Maartunn highlighted. Put another way, if this cycle continues, there’s a risk it could turn into a downward spiral. As previously reported, Strategy’s preferred stock STRC has drifted sharply from its peg, hitting a recent low of $88.9. This significant deviation signals the market is demanding higher yields and has lost confidence in Strategy’s credit or dividend stability. Historically, Strategy relied heavily on issuing STRC to fund Bitcoin purchases. When STRC trades below face value, issuing new shares is no longer cost-effective for the company—effectively borrowing money at a