The AI arbitrage cycle moves from frenzy into rational pricing.

**Abstract:** BlackRock deposited over 200 million dollars in BTC and ETH with Coinbase, suggesting a portfolio allocation of 1-2% in Bitcoin; institutions are continuously increasing their holdings in crypto assets, BSTR will purchase over 23,000 BTC, and a16z will withdraw 12,000 ETH.

On June 23, 2026, two nearly opposing news reports appeared on both ends of the screen: on one side was a red waterfall summarized by Chinese media as "U.S. stock futures plummet," with Nasdaq 100 index futures down about 3% before the market opened, S&P 500 futures down about 1.5%, and Dow Jones Industrial Average futures down about 0.5%. The Nasdaq futures, which have the highest weight in technology, were falling the hardest, but remained delayed.

The second half of 2026 will be an intense landing period for tokenized stock products.

When the tide goes out, the destructive power of this crisis may far exceed that of 2008.

Bitget's "dual-track" attempt may provide the industry with a case study on how traditional finance and the crypto world can coexist.

Micron's Earnings Report Preview: HBM4 Mass Production, SCA Long-term Contracts Secure Profits, Can Gross Margin Maintain Above 80%? Key Points for AI Storage: Data Center NAND Double Growth, DDR5 Shortage Supports Performance.

The decline of SpaceX is dragging down the entire tech sector in the short term. Any rebound before Thursday should be approached with caution.

JPMorgan's report shows that ahead of Micron's quarterly report, bullish sentiment in the storage sector is high, AI capital expenditure forecasts are continuously being raised, but sustainability of gross margins and the level of disclosure for long-term agreements have become key variables for the market.

Recently, the negotiations between the United States and Iran have repeated, and the market has experienced fluctuations accordingly. Geopolitical policies are indeed unpredictable, so be sure to participate with a light position in recent operations.

Original | Odaily Planet Daily (@OdailyChina) Author | Golem (@web 3_golem) Traditional finance has come up with a new trick for Bitcoin. On June 18, Franklin Templeton submitted an application to the U.S. SEC to launch two brand new Bitcoin DRIP ETFs, which will automatically reinvest stock dividends into Bitcoin. These two ETFs are Franklin U.S....

There are still opportunities in the downstream of the rare earth sector.

Goldman Sachs aggressively raises the threshold, executives clearly reduce holdings, overseas analysts interpret the direction of operations.