US and South Korean Stock Price Forecast on Monday: MRVL, AMD, Intel Expected to Slightly Rise in Pre-market Trading, Micron and Samsung Electronics Set to Open Higher
**June 21 Update: U.S. Stock Market Closed 3 Straight Days; On-Chain Platform Trade.xyz Pre-Prices Monday’s U.S. & South Korean Equities**
The U.S. stock market has been shuttered for three consecutive days, while on-chain Nasdaq-related platform Trade.xyz now offers continuous trading via perpetual contracts—providing real-time price discovery unavailable in traditional finance to set preliminary pricing for Monday’s U.S. and South Korean stock markets.
Popular U.S. stocks on Trade.xyz show mixed weekend performance relative to Friday’s after-hours levels; slight gains are forecast for MRVL, AMD, and Intel in Monday’s pre-market session. Per Bitget market data:
- SpaceX: Currently trading at $181.2 (vs. Friday’s close of $181.6)
- Micron (MU): $1145.7 (vs. Friday’s $1151.01)
- Sandisk (SNDK): $2227.4 (vs. Friday’s $2209.87)
- NVIDIA: $209.34 (vs. Friday’s $210.33)
- Marvell Technology (MRVL): $316.8 (vs. Friday’s $313.57)
- Intel: $138.38 (vs. Friday’s $134.16)
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Adam Back: Strategy Will Not 'Reset,' Market's Negative View on Preferred Stock STRC Lacks Basis
BlockBeats reported on June 21 that Adam Back, CEO of Blockstream and an early Bitcoin community contributor, stated that the market’s negative view of Strategy and its preferred stock STRC lacks a factual basis. Back emphasized that what Strategy is essentially doing is selling Bitcoin to pay dividends, without altering its Bitcoin reserve strategy. Moreover, Strategy is proving it can deliver returns to investors via Bitcoin while reducing its debt ratio, showcasing a new financial model to the market. The firm suggested Bitcoin could potentially become a cash alternative asset in the future for corporate asset management and capital operations. Back added that the FUD surrounding MSTR and STRC has been exaggerated, and that Strategy will not "reset." Its long-term value lies in holding Bitcoin continuously and driving the market’s understanding of Bitcoin’s monetary properties.
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Bitcoin Dips Below $64,000, 24-hour Gain Narrows to 0.7%
June 21: According to HTX market data, Bitcoin fell below $64,000, trading at $63,926 at press time, notching a 0.7% gain over the last 24 hours.
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Iran: Switzerland Talks to Last One Day, Lebanon Ceasefire to Be Central Topic
June 21 — According to Iran’s state-run Islamic Republic News Agency (IRNA), Foreign Ministry spokesman Saeed Khatibzadeh announced that Switzerland’s one-day Berne Summit will host an afternoon quadrilateral meeting between Iran, the U.S., Qatar, and Pakistan. The session is a follow-up to the implementation of the Memorandum of Understanding between Iran and the U.S. A key focus of the Swiss gathering will be the U.S.’s failure to broker a ceasefire in Lebanon. Additional topics on the agenda include exemptions for Iran’s oil sales and the unfreezing of Tehran’s frozen assets.
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Iran Confirms Hormuz Strait Remains Closed, Quadrilateral Talks to Be Held Today in Birjand
June 21 — Iran’s Fars News Agency, citing military sources, announced the Strait of Hormuz remains closed. The Iranian Navy will not issue passage permits to any vessels until receiving explicit formal notification, the report said.
Separately, Iran’s Islamic Republic News Agency (IRNA) quoted a Foreign Ministry spokesman confirming that the upcoming Doha talks will run for one day, with an afternoon quadrilateral meeting including Iran, the United States, Qatar, and Pakistan.
The ongoing Strait of Hormuz closure and parallel diplomatic negotiations have created significant uncertainty, as global energy and shipping markets closely track all related developments.
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Serenity Mocks 'Gym Mining Rig Shortage' as Whey Protein Price Surges to $14 Per Pound, Reaching an All-Time High
June 21. According to new data from Vesper, U.S. whey protein prices have climbed sharply recently. Whey Isolate now tops $14 per pound, and Whey Concentrate 80 isn’t far behind with its own steep price jump. Both have hit all-time highs, with some netizens wryly comparing these price spikes to the supply crunch-driven hikes hard drive maker Sandisk (SNDK) dealt with earlier.
Serenity quipped that whey protein is now mirroring the supply-demand dynamic of the AI hash rate industry: surging demand meeting supply bottlenecks is driving fast price increases. Right now, market watchers are worried creatine could be the next fitness supplement category to face shortages.
As for the longer-term price trend, whey protein bottomed out in 2023 before a major rebound, with growth accelerating through 2026 – a development that’s getting plenty of notice from fitness consumers.
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