> $TMUS $SPCX - SPACEX-T-MOBILE TAKEOVER RUMORS EMERGE
A TD COWEN ANALYST SAYS SPACEX COULD ACQUIRE T-MOBILE TO ACCELERATE ITS WIRELESS AMBITIONS IF IT CAN'T SECURE A NETWORK-SHARING DEAL. THE REPORT CITES T-MOBILE'S EXISTING STARLINK PARTNERSHIP AS A STRATEGIC FIT. THE IDEA IS PURELY SPECULATIVE, BUT HIGHLIGHTS GROWING COMPETITIVE PRESSURE FROM SPACEX ON THE TELECOM INDUSTRY.
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A TD COWEN ANALYST SAYS SPACEX COULD ACQUIRE T-MOBILE TO ACCELERATE ITS WIRELESS AMBITIONS IF IT CAN'T SECURE A NETWORK-SHARING DEAL. THE REPORT CITES T-MOBILE'S EXISTING STARLINK PARTNERSHIP AS A STRATEGIC FIT. THE IDEA IS PURELY SPECULATIVE, BUT HIGHLIGHTS GROWING COMPETITIVE PRESSURE FROM SPACEX ON THE TELECOM INDUSTRY.
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> MICRON IS OFFICIALLY THE MOST TRADED STOCK IN THE US.
DAILY TURNOVER IN MICRON STOCK, $MU, SURPASSED $70 BILLION FOR THE FIRST TIME, MAKING IT THE MOST TRADED STOCK IN THE US.
THIS METRIC HAS SURGED +1,100 % SINCE THE START OF 2026.
THIS ALSO PUTS MICRON AHEAD OF BOTH NVIDIA, $NVDA, AND TESLA, $TSLA, TWO OF THE MOST ACTIVELY TRADED US STOCKS IN 2025.
TO PUT THIS INTO PERSPECTIVE, NEITHER $NVDA NOR $TSLA EXCEEDED $70 BILLION IN DAILY TURNOVER OVER THE LAST 12 MONTHS.
THIS COMES AS $MU HAS SURGED +268 % YEAR‑TO‑DATE AND HAS BEEN THE BIGGEST CONTRIBUTOR TO THE S&P 500’S +7.5 % GAIN SO FAR THIS YEAR.
MICRON HAS BECOME THE CENTER OF THE AI TRADE.
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DAILY TURNOVER IN MICRON STOCK, $MU, SURPASSED $70 BILLION FOR THE FIRST TIME, MAKING IT THE MOST TRADED STOCK IN THE US.
THIS METRIC HAS SURGED +1,100 % SINCE THE START OF 2026.
THIS ALSO PUTS MICRON AHEAD OF BOTH NVIDIA, $NVDA, AND TESLA, $TSLA, TWO OF THE MOST ACTIVELY TRADED US STOCKS IN 2025.
TO PUT THIS INTO PERSPECTIVE, NEITHER $NVDA NOR $TSLA EXCEEDED $70 BILLION IN DAILY TURNOVER OVER THE LAST 12 MONTHS.
THIS COMES AS $MU HAS SURGED +268 % YEAR‑TO‑DATE AND HAS BEEN THE BIGGEST CONTRIBUTOR TO THE S&P 500’S +7.5 % GAIN SO FAR THIS YEAR.
MICRON HAS BECOME THE CENTER OF THE AI TRADE.
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> JUST IN: 🇺🇸 US TELLS OPENAI TO LIMIT GPT 5.6 RELEASE WHILE THE GOVERNMENT REVIEWS IT, THE INFORMATION REPORTS.
CEO SAM ALTMAN: "WE'VE MADE CLEAR TO THE US GOVERNMENT THAT THIS IS NOT OUR PREFERRED LONG TERM MODEL."
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CEO SAM ALTMAN: "WE'VE MADE CLEAR TO THE US GOVERNMENT THAT THIS IS NOT OUR PREFERRED LONG TERM MODEL."
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> JUST IN: 🇰🇷 SOUTH KOREA'S KOSPI STOCK MARKET HALTED AFTER 8% CRASH, TRIGGERING CIRCUIT BREAKER.
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> BITMINE, THE LARGEST ETHEREUM TREASURY COMPANY, SAID BMNR IS SET TO BE ADDED TO THE RUSSELL 1000 INDEX ON JUNE 26. AS OF JUNE 22, THE COMPANY HELD 5.673 MILLION ETH, $601 MILLION IN CASH AND MARKETABLE SECURITIES, $350 MILLION IN PREFERRED BMNP, NO DEBT, AND AN ANNUALIZED STAKING YIELD OF $233 MILLION.
ACCORDING TO LOOKONCHAIN, BITMINE HAS JUST STAKED ANOTHER 160,480 ETH WORTH ABOUT $248.7 MILLION. IN TOTAL, BITMINE HAS STAKED 4.88 MILLION ETH, WORTH ABOUT $7.56 BILLION, ACCOUNTING FOR 86 % OF ITS TOTAL HOLDINGS. — LINK
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ACCORDING TO LOOKONCHAIN, BITMINE HAS JUST STAKED ANOTHER 160,480 ETH WORTH ABOUT $248.7 MILLION. IN TOTAL, BITMINE HAS STAKED 4.88 MILLION ETH, WORTH ABOUT $7.56 BILLION, ACCOUNTING FOR 86 % OF ITS TOTAL HOLDINGS. — LINK
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> FT: BINANCE TO STOP SERVING EU CLIENTS NEXT WEEK AFTER FAILING TO OBTAIN MICA LICENCE
ACCORDING TO FT, BINANCE HAS NOTIFIED EU CLIENTS THAT IT WILL STOP PROVIDING SERVICES TO THEM FROM NEXT WEEK AFTER FAILING TO OBTAIN A MICA LICENCE. FROM JULY 1, CRYPTO COMPANIES OPERATING IN THE EU MUST HOLD A MICA LICENCE OR RISK PENALTIES. BINANCE’S APPLICATION FOR A BLOC‑WIDE LICENCE IN GREECE WAS REJECTED LAST WEEK, AND IT NOW PLANS TO APPLY THROUGH FRANCE. CUSTOMERS IN POLAND, ITALY, SPAIN AND FRANCE HAVE RECEIVED WITHDRAWAL INSTRUCTIONS. BINANCE SAID SOME USERS MAY BE AFFECTED BEFORE JULY 1, BUT IT IS NOT ASKING USERS TO WITHDRAW FUNDS BY THEN, ADDING THAT USER ASSETS REMAIN SAFE AND SECURE. — LINK
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ACCORDING TO FT, BINANCE HAS NOTIFIED EU CLIENTS THAT IT WILL STOP PROVIDING SERVICES TO THEM FROM NEXT WEEK AFTER FAILING TO OBTAIN A MICA LICENCE. FROM JULY 1, CRYPTO COMPANIES OPERATING IN THE EU MUST HOLD A MICA LICENCE OR RISK PENALTIES. BINANCE’S APPLICATION FOR A BLOC‑WIDE LICENCE IN GREECE WAS REJECTED LAST WEEK, AND IT NOW PLANS TO APPLY THROUGH FRANCE. CUSTOMERS IN POLAND, ITALY, SPAIN AND FRANCE HAVE RECEIVED WITHDRAWAL INSTRUCTIONS. BINANCE SAID SOME USERS MAY BE AFFECTED BEFORE JULY 1, BUT IT IS NOT ASKING USERS TO WITHDRAW FUNDS BY THEN, ADDING THAT USER ASSETS REMAIN SAFE AND SECURE. — LINK
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> USDT SURPASSES ETH TO BECOME SECOND-LARGEST CRYPTOCURRENCY BY FDV, BEHIND BTC
ACCORDING TO COINGECKO, AS ETH FELL 5.5% OVER THE PAST 24 HOURS, TETHER USDT’S FDV REACHED $191.521 BILLION, SURPASSING ETH’S $187.532 BILLION AND RANKING SECOND AMONG CRYPTOCURRENCIES BY FDV, BEHIND ONLY BTC. — LINK
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ACCORDING TO COINGECKO, AS ETH FELL 5.5% OVER THE PAST 24 HOURS, TETHER USDT’S FDV REACHED $191.521 BILLION, SURPASSING ETH’S $187.532 BILLION AND RANKING SECOND AMONG CRYPTOCURRENCIES BY FDV, BEHIND ONLY BTC. — LINK
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> LENOVO SAYS CHEAP RAM AND SSD PRICES MAY NOT COME BACK THIS DECADE
AI DEMAND IS PUSHING DRAM AND NAND INTO A NEW PRICING ERA, WITH APPLE ALREADY RAISING MACBOOK AND IPAD PRICES, XBOX RAISING CONSOLE PRICES BY UP TO $150, AND MICRON WARNING MEMORY SUPPLY MAY STAY TIGHT BEYOND 2027
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AI DEMAND IS PUSHING DRAM AND NAND INTO A NEW PRICING ERA, WITH APPLE ALREADY RAISING MACBOOK AND IPAD PRICES, XBOX RAISING CONSOLE PRICES BY UP TO $150, AND MICRON WARNING MEMORY SUPPLY MAY STAY TIGHT BEYOND 2027
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> SPOT BITCOIN ETFS SEE $696M NET OUTFLOW ON JUNE 25, EXTENDING OUTFLOW STREAK TO SIX DAYS
ON JUNE 25 (ET), SPOT BITCOIN ETFS RECORDED A TOTAL NET OUTFLOW OF $696 MILLION, MARKING SIX CONSECUTIVE DAYS OF NET OUTFLOWS. SPOT ETHEREUM ETFS RECORDED A TOTAL NET OUTFLOW OF $81.8651 MILLION, ALSO MARKING SIX CONSECUTIVE DAYS OF NET OUTFLOWS. — LINK
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ON JUNE 25 (ET), SPOT BITCOIN ETFS RECORDED A TOTAL NET OUTFLOW OF $696 MILLION, MARKING SIX CONSECUTIVE DAYS OF NET OUTFLOWS. SPOT ETHEREUM ETFS RECORDED A TOTAL NET OUTFLOW OF $81.8651 MILLION, ALSO MARKING SIX CONSECUTIVE DAYS OF NET OUTFLOWS. — LINK
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> OASIS FOUNDER DAWN SONG JOINS META SUPERINTELLIGENCE LABS TO LEAD AI SAFETY
UC BERKELEY PROFESSOR AND OASIS LABS FOUNDER DAWN SONG HAS JOINED META SUPERINTELLIGENCE LABS (MSL) AS VICE PRESIDENT OF AI RESEARCH, LEADING AI SAFETY AND AI SECURITY. SEVERAL CORE MEMBERS OF VIRTUE AI WILL ALSO JOIN META.
SONG PREVIOUSLY FOUNDED OASIS LABS AND LAUNCHED THE OASIS (ROSE) PRIVACY-PRESERVING BLOCKCHAIN, WHICH RAISED $45 MILLION FROM INVESTORS INCLUDING A16Z CRYPTO, ACCEL, BINANCE LABS, PANTERA, AND POLYCHAIN. ROSE CURRENTLY TRADES AT AROUND $0.006, DOWN APPROXIMATELY 99% FROM ITS ALL-TIME HIGH OF $0.596. — LINK
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UC BERKELEY PROFESSOR AND OASIS LABS FOUNDER DAWN SONG HAS JOINED META SUPERINTELLIGENCE LABS (MSL) AS VICE PRESIDENT OF AI RESEARCH, LEADING AI SAFETY AND AI SECURITY. SEVERAL CORE MEMBERS OF VIRTUE AI WILL ALSO JOIN META.
SONG PREVIOUSLY FOUNDED OASIS LABS AND LAUNCHED THE OASIS (ROSE) PRIVACY-PRESERVING BLOCKCHAIN, WHICH RAISED $45 MILLION FROM INVESTORS INCLUDING A16Z CRYPTO, ACCEL, BINANCE LABS, PANTERA, AND POLYCHAIN. ROSE CURRENTLY TRADES AT AROUND $0.006, DOWN APPROXIMATELY 99% FROM ITS ALL-TIME HIGH OF $0.596. — LINK
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> JUST IN: 🇪🇺 CZ SAYS EU IS "CUTTING THEIR USERS OFF FROM THE BEST LIQUIDITY IN THE WORLD" BY NOT ISSUING BINANCE A MICA LICENSE.
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