CBS: U.S. Treasury Secretary and Trump Once Had Heated Debate on Tariff Policy

According to Bitget's market data, Brent crude oil's intraday decline has widened to 3%, currently trading at $72.92 per barrel. WTI crude oil fell $2 intraday, now at $69.33 per barrel, a 2.81% drop.

According to Whale Alert's monitoring, 500 million USDT was transferred from the Tether Treasury to Binance five minutes ago.

According to Hyperinsight’s monitoring, AI infrastructure stock Oracle (ORCL) gave back gains alongside the sector amid profit-taking, with risk-off sentiment also stoked by PCE inflation data. The stock fell 6.3% in 24 hours, trading at $150.2 as of press time, and has dropped 40% cumulatively from its high earlier this month. On Hyperliquid, total nominal short positions stand at roughly $2.2 million, 2.11 times the size of long positions ($1 million). The average entry price for longs is ~$172.68, while shorts average ~$181.35; the current price has fallen well below the long position cost line. The largest short is wallet address 0x9df2, which opened a 10x-leveraged short position of ~$770,000 at an average entry price of $224.92, generating an unrealized profit of ~$380,000, a 330% return. The nearest long liquidation line is at $146.17, just ~3.2% (about $4.9) away from the current price. - HyperInsight Bot is now live. Add @HyperInsightBot to your Telegram group, set it as an admin (message sending permission must be enabled), and it will automatically sync on-chain news.

Elon Musk cited Apple CEO Tim Cook’s remark in a post, noting that “the cost surge driven by AI data center construction is unprecedented in any field across his more than 40 years of experience”, and agreed this is the largest price jump he has ever witnessed. In his reply, Musk stressed that current production of memory chips and AI infrastructure is severely insufficient to meet demand, calling for a substantial increase in production capacity to address this supply-demand imbalance.

According to Hyperinsight monitoring, Zhipu AI (ZHIPU) has been on a downward trend since hitting a peak of around 17 times its IPO price on May 29. It dropped another 15.22% in the past 24 hours, trading at $256.81, leading declines in the Hyperliquid HIP-3 market. On-chain order books are small, with overall positions leaning bullish: the bullish moving average is around $277.4, while the bearish moving average is around $284.3. The latest bullish liquidation line stands at $223.54, about 13% below the current price. This whale opened a long position on June 26, worth $1.02 million at an average price of $268.58, and is now sitting on an unrealized loss of 24%. On the news front, three recent negative factors have converged: on July 8, cornerstone investors will face lock-up expiry, tripling the free float; the company plans to pursue a secondary listing in Shanghai to raise around 15 billion yuan, stoking dilution concerns; valuation support is weak, with adjusted 2025 revenue showing a huge loss of 3.18 billion yuan. Additionally, peer MiniMax has also plunged sharply, further weighing on sector sentiment.

According to BiyaPay market data, Micron Technology (MU) rallied sharply after its earnings release. On June 25, U.S. stocks closed up 15.7% at $1,213.56, hitting an intraday high of $1,255 to set a new all-time intraday peak. Micron’s latest financial report shows its third fiscal quarter revenue reached $41.46 billion, beating market expectations of around $35.7 billion; adjusted earnings per share came in at $25.11, exceeding the consensus estimate of $20.49. The company also projected fourth fiscal quarter revenue of approximately $50 billion, higher than the market’s forecast of around $43.2 billion. A key focus for the market is that AI demand is expanding from GPUs to storage segments including high-bandwidth memory, DRAM, and NAND. Micron disclosed it has signed 16 long-term supply agreements, which analysts view as an important signal to boost the visibility of its future revenue and profits. Driven by Micron’s earnings, storage-related stocks including SanDisk, Western Digital, and Seagate rose in tandem. As a global one-stop multi-asset allocation platform, BiyaPay supports investments in diverse markets such as U.S. stocks, Hong Kong-listed equities, and digital assets, and offers zero-commission U.S. stock trading services. Users can track developments of global tech leaders in real time to seize investment opportunities brought by the AI wave.