Vanguard stated that it has established a coordination mechanism to prevent further escalation in the Middle East situation

June 22 — Bank of America now projects the Fed will raise interest rates three times this year, a fresh signal Wall Street is gearing up for more aggressive Fed policy tightening. The bank’s economists had previously anticipated the Fed would leave rates unchanged all year. They updated their outlook on the back of stronger-than-expected economic data and the Fed’s hawkish communications, which suggest a more proactive stance on curbing inflation. Bank of America’s forecast of three rate hikes remains a minority call: only 19% of market participants are currently betting on three hikes, up from just 3% a week earlier. Investors still see two rate hikes this year as the most probable outcome. (FXStreet)

On June 22, Bitget market data shows Micron Technology was up 5.51% in pre-market trading. In related news, Micron Technology has struck a memory and storage supply deal with Anthropic to advance the next generation of AI at scale.

**NVIDIA Announces Europe’s 35 Supercomputer Expansion, a Year’s Largest** June 22 (Report) — NVIDIA announced on Wednesday that Europe is building or deploying 35 artificial intelligence (AI) and high-performance computing (HPC) supercomputers across 23 countries and research institutions, marking the region’s largest supercomputer expansion project in the past 12 months. The systems leverage NVIDIA’s Blackwell and Hopper architectures, paired with the CUDA-X, NVIDIA NIM, and AI Enterprise software stacks, to support fields including climate science, medical research, clean energy, and quantum computing. Official statistics show the infrastructure will serve more than 3 million researchers. NVIDIA noted its AI infrastructure has powered over 90% of AI factory deployments in Europe, with cumulative planned or deployed AI computing power totaling roughly 800 exaflops. Key participating institutions include Spain’s Barcelona Supercomputing Center, Germany’s HLRS, Italy’s CINEC

On June 22, Morgan Stanley’s latest report noted that as more Bitcoin miners approach their breakeven points, the Bitcoin mining network is growing more sensitive to price swings, with both hashrate and mining difficulty responding more sharply to fluctuations. The bank’s analysis finds that the six-month “elasticity coefficient” for mining difficulty relative to Bitcoin price changes has climbed to 0.62, meaning hashrate is reacting more quickly to market shifts. Analysts added that Bitcoin has traded below production costs for five straight months, with roughly 20% of miners currently operating at a loss. Facing profit pressure, publicly listed mining firms have ramped up their Bitcoin selling: first-quarter sales alone topped 32,000 BTC, surpassing the full-year total for 2025. As higher-cost mining rigs go offline, network hashrate has fallen, prompting an adjustment to mining difficulty. Morgan Stanley forecasts that as long as Bitcoin remains below its roughly $78,000 producti

June 22 Per monitoring from EmberCN: Bitcoin treasury firm Strategy purchased ~520 BTC last week at roughly $67,068 per unit, totaling about $34.87 million in value. Strategy now holds a total of 847,363 BTC, valued at approximately $55.01 billion, with an average cost of $75,651 per BTC. It reports an unrealized loss of $9.093 billion, equal to a 14.2% deficit. Separately, Ethereum treasury firm Bitmine bought ~52,203 ETH last week at an average price of ~$1,751 per ETH, for a total of roughly $91.43 million. Bitmine’s current holdings stand at 5,672,956 ETH, worth about $10.07 billion, with an average cost of $3,407 per ETH. Its unrealized loss hits $9.32 billion, a 48.2% drop.

June 22: According to Bitget market data, pre-market crypto-related stocks in the U.S. stock market posted broad gains. Specific performances: MSTR rose by 4.19%; COIN advanced by 1.55%; CRCL gained by 1.72%; SBET climbed by 2.27%; BMNR picked up by 1.86%.