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The semiconductor research institution SemiAnalysis has released a latest analysis indicating that Changxin Memory Technologies (CXMT) has clearly become the world's fourth largest DRAM manufacturer. Although its production capacity and cash flow are continuously growing, the institution believes that Changxin Memory still faces multiple challenges in equipment, technology, and market, and will not end the current storage "super cycle" in the short term.In terms of specific challenges, export controls on advanced semiconductor manufacturing equipment (such as EUV, advanced etching, and TSV tools) severely restrict Changxin's expansion into more advanced processes and high bandwidth memory (HBM) fields; although domestic equipment (such as Zhongwei Company, Northern Huachuang, etc.) has alleviated some pressure, it cannot fully resolve the integration and yield bottlenecks across multiple process links, resulting in its technology still lagging behind leading manufacturers by several generations. Additionally, Changxin's market share is currently still highly concentrated in the Chinese domestic market, with global expansion limited by geopolitical factors and customers' willingness to diversify their supply chains.In response to market concerns that Changxin might "impact the global market with cheap chips," SemiAnalysis clarified that there is currently a severe structural shortage in the DRAM market, and the increase in Changxin's production capacity may even struggle to fully meet domestic demand in China. In fact, the prices of Chinese memory chips are also soaring significantly, in line with the global upward trend, and Changxin is similarly a beneficiary of the shortage premium. Therefore, Changxin Memory should be viewed as a long-term structural competitive force, and in the current context of accelerated AI demand and constrained supply, it cannot shake the fundamental super cycle dominated by leading manufacturers in the short term.

DefiLlama data shows that in the past week, the income returned to token holders from DeFi protocols was mainly concentrated in a few projects, with the top ten protocols accounting for over 80% in total.Among them, Hyperliquid ranked first with approximately $12.3 million, accounting for about 43.9%; Pump ranked second with about $3.5 million, accounting for about 12.6%; protocols such as Aerodrome, Uniswap, and Chainlink also made it to the top. Holders Revenue refers to the value returned to token holders through methods such as token buybacks, burns, or distributions to stakers.

According to Bits.media, Fidan Tofidi, the head of the Financial Technology and Innovation Department of the Central Bank of Azerbaijan, stated that the regulatory bill for the country's virtual asset market has been drafted and submitted for review, with formal legislation expected within the year. The bill requires all companies engaged in cryptocurrency asset business to obtain a license issued by the central bank, and unauthorized operations within the country are prohibited. Licensed institutions will be subject to ongoing supervision. The regulatory framework will cover compliance requirements such as anti-money laundering, counter-terrorism financing, and customer identity verification (KYC), and will be incorporated into Azerbaijan's financial market development strategy for 2027-2030.

According to Jinshi reports, European Central Bank President Lagarde stated that in the coming years we are more likely to face shocks that will cause inflation to deviate from the target.

According to monitoring by Catcher Predict, in the event predicting the number of tweets by "Elon Musk from June 23 to June 30, 2026" on the Polymarket, the "Yes" option in the sub-market "260-279" has experienced significant fluctuations in winning probability, soaring from 9.15% an hour ago to the current 25.85% (a fluctuation of 16.7%). Please note the impact of related breaking news.

According to the latest report from Tiger Research, as of June 18, 2026, the number of active job openings in the cryptocurrency industry is only 2,932, a significant decrease of over 97% from the estimated peak of about 130,000 in 2022.The report shows that the wave of layoffs in the cryptocurrency industry continues in the first half of 2026. March was the month with the highest concentration of layoffs, with several companies including Gemini, Crypto.com, Algorand, OP Labs, PIP Labs, and Messari announcing layoffs at the same time. Some companies were acquired at low prices after multiple rounds of layoffs; for example, Messari was acquired by Blockworks for about $10 million in June 2026 after experiencing three rounds of layoffs, while its previous valuation had reached $300 million.In terms of recruitment structure, positions in centralized exchanges (CEX) account for the highest proportion, reaching 30.8% (904 positions), mainly contributed by OKX, Bybit, and Binance. The stablecoin and payment sector accounts for 13.4%, but is highly concentrated in two companies, Tether and Ripple.In addition, the demand for AI skills in job postings continues to rise, with the proportion of cryptocurrency job postings mentioning artificial intelligence skills increasing from 23% in early 2025 to 53.1% in March 2026.

According to SoSoValue data, as of 8 AM Eastern Time on June 29, 2026, the total net purchase of Bitcoin by global listed companies (excluding mining companies) for the week was $14.65 million, a decrease of 83% compared to last week.Strategy (formerly MicroStrategy) did not purchase Bitcoin last week. At the same time, Strategy announced two securities repurchase plans, each up to $1 billion, targeting Class A common stock and digital credit preferred stock led by STRC, with an annual dividend yield of 8% to 10%, aiming to optimize the capital structure without consuming existing dollar reserves. To fund the aforementioned repurchases and support daily capital expenditures, the board also approved a Bitcoin liquidation plan, allowing the company to generate up to $1.25 billion in additional revenue by selling Bitcoin to replenish dollar reserves, and to pay maturing preferred stock dividends and interest expenses (or to replenish dollar reserves after such payments) when management deems it more beneficial than issuing Class A common stock or other capital market transactions, as well as to provide additional funding support for the two repurchase plans (including related taxes and transaction fees). Although this move by MicroStrategy releases the liquidation authorization, it currently serves only as a reserve shield for repurchases, with actual "momentum not sold"; its core logic has shifted from the initial "aggressive expansion of the balance sheet" to the refined operational phase of "utilizing crypto assets to optimize equity capital structure and reduce the capital cost generated by high-yield stocks."The Japanese listed company Metaplanet did not purchase Bitcoin last week, marking ten consecutive weeks without purchases.In addition, two other companies purchased Bitcoin last week. Hong Kong's global digital health, consumer goods sales, and artificial intelligence computing power technology group CIMG announced that it has just completed the first phase of a large stock and warrant issuance, receiving $13.5 million paid in Bitcoin (207.7 Bitcoins at an average price of $65,000), bringing its total holdings to 937.7 Bitcoins; Brazilian Bitcoin company OrangeBTC announced on June 29 that it invested $4.9 million to purchase 74 Bitcoins at a price of $66,233, bringing its total holdings to 3,896 Bitcoins.As of the time of writing, the total amount of Bitcoin held by the global listed companies (excluding mining companies) in the statistics is 1,142,484 Bitcoins, an increase of 0.02% compared to last week, with a current market value of approximately $6.852 billion, accounting for 5.7% of Bitcoin's circulating market value.

Early space fintech company Nebex, founded by former Axiom Space CEO Tejpaul Bhatia, announced the completion of a $30,000,000 seed round financing, led by Google Ventures, a subsidiary of Alphabet.

According to Jinshi News, the Eastern Alliance Investment Research Institute stated that the Federal Reserve is expected to remain inactive in the upcoming meetings. The agency pointed out that the current monetary policy has basically returned to neutral, and if energy costs rise and transmit to broader prices while economic growth accelerates, the risk of interest rate hikes will increase. Eastern Alliance expects the trend of slowing inflation to resume in 2027, which will allow the Federal Reserve to cut interest rates next year.

According to DataCenterDynamics, Bitcoin mining company and data center Hive Digital Technologies announced that it will raise $100 million by issuing zero-coupon convertible senior notes maturing in 2031 to further expand its computing power infrastructure.In addition, the company has signed a non-binding letter of intent (LOI) with a Swedish sovereign technology company that has an investment-grade credit rating, intending to lease approximately 30MW of computing power resources at its data center for a term of up to 10 years.According to the agreement, Hive will deploy approximately 25MW of IT computing capacity and plans to use up to 10,000 Nvidia GB300 GPUs; however, the letter of intent still requires further negotiation and the signing of a final formal agreement.

According to official news, USDC issued by Circle will become the first supported stablecoin on the digital asset custody platform of global financial services company BNY, with both parties deepening their cooperation on institutional-grade stablecoin services.BNY clients can now hold USDC in their digital asset custody wallets and instruct Circle to mint USDC from dollars or redeem USDC for dollars, covering the complete lifecycle of institutional stablecoin business.Circle's Chief Business Officer Kash Razzaghi stated that this cooperation is a continuation of the long-term relationship between the two parties, connecting on-chain assets with traditional assets for BNY clients. In the future, both parties plan to expand this capability to more stablecoin issuers and digital cash workflows.

According to the official announcement, Gate DEX has officially launched the Welfare Center. The Welfare Center is designed around the entire process of on-chain trading, guiding users to quickly complete their first on-chain transaction and continuously receive more rewards through novice tasks, trading challenges, and exclusive rights. Whether it's the first experience with Gate DEX or long-term active trading users, everyone can complete corresponding tasks in the Welfare Center to receive up to 5,400+ USDT contract trial funds.Specific benefits include: Novice tasks, where users can start the "7-day novice growth task" upon entering the Welfare Center. By connecting Gate Wallet and completing specified on-chain actions such as the first spot, contract, Swap, and Meme Go transactions, users can receive rewards;Advanced trading challenges, where users complete net recharge and trading challenges, unlocking higher-level rewards as trading volume increases; Meme & exchange exclusive challenges, where users can not only receive rewards after completing corresponding level tasks but also unlock Gate DEX exclusive Gas-free rights, reducing on-chain trading costs.

According to Bloomberg, the Singapore International Commercial Court ruled that Terraform Labs and its founder Do Kwon committed fraud in a case related to the 2022 TerraUSD stablecoin collapse, and ordered them to pay over $3 million to 40 claimants.This ruling is part of the second phase of a case involving claims from 275 investors, with the compensation amount calculated based on the number of UST held by the claimants and the duration of their holdings.

According to Jinshi News, Comcast's stock price rose 10.3% in pre-market trading after the company announced the spin-off of NBCUniversal and Sky into independent companies.

With the European Union's Markets in Crypto-Assets Regulation (MiCA) officially coming into full effect on July 1, 2026, it marks the beginning of a new era of unified regulation in the European digital asset market. As the global regulatory framework continues to improve, stablecoin payments are evolving from a focus on "pure efficiency" to "compliance, transparency, and trust," accelerating their transformation into core infrastructure for enterprise-level payments.As a provider of enterprise-level stablecoin payment infrastructure, WasabiCard consistently practices a "compliance first" development philosophy. By continuously strengthening core risk control capabilities such as AML (Anti-Money Laundering), KYC (Know Your Customer), and KYB (Know Your Business), it is committed to building a secure, transparent, and sustainable foundation for global payments.As stablecoins rapidly penetrate core business scenarios such as enterprise treasury management, cross-border payments, and B2B settlements, compliance capability has become the primary consideration for enterprises when choosing payment channels. In the future, WasabiCard will leverage its core capabilities of "global issuance, stablecoin payments, global remittance, and fund distribution" to deeply integrate a comprehensive compliance system with business scenarios, helping global enterprises confidently navigate the evolving regulatory environment and significantly enhance the security and compliance efficiency of their global operations.

According to Onchain Lens monitoring, a giant whale has once again withdrawn 340 BTC ($20.34 million) from Binance. This whale currently holds a total of 2510 BTC ($150.3 million) in two wallets.

According to the latest social media news from CoinGecko, Gate is competing with platforms like Coinbase and OKX for the increase of EU users. Gate continues to advance its European compliance process, and Gate Group's Malta entity, Gate Europe, has obtained European MiCA and PI licenses under the supervision of the Malta Financial Services Authority (MFSA), strengthening its global compliance framework.In addition, relying on a rich array of trading products, robust platform services, and global operational capabilities, Gate actively meets the growing demand for digital asset trading in the European market. This layout not only enhances Gate's localized service capabilities in the European market but also provides solid support for the platform in terms of user trust, fund security, compliance operations, and long-term market expansion, highlighting its compliance competitive advantage among global crypto trading platforms.