Headlines

F2Pool Co-Founder Wang Chun's Associated Wallet Added 3 Batches of ETH in June, Unrealized Profit Reaches ~$8.64 Million

F2Pool co-founder Wang Chun’s associated wallet has made three consecutive ETH accumulations in June. Specifically, a Hong Kong-based address added 9,719 ETH on June 5, 17,560 ETH on June 6, and another 15,740 ETH on June 12, demonstrating a clear pattern of phased accumulation.

Estimating based on average transaction prices, once ETH rebounded to approximately $1,810, the overall unrealized profit from these transactions reached about $8.64 million.

SpaceX (SPCX.O) Surges 19% at Monday U.S. Market Open, Valuation Breaks $2.5 Trillion

SpaceX (SPCX.O) surged 19% at Monday’s U.S. market open, pushing its valuation past $2.5 trillion. However, SpaceX shares rose another 10% during after-hours trading. If this momentum persists into Tuesday’s opening, its market cap could surpass that of Amazon (AMZN.O).

Media Reports: Trump and Vance Have Signed U.S.-Iran Memorandum of Understanding

According to Reuters, U.S. President Trump and Vice President Vance have signed a U.S.-Iran Memorandum of Understanding, which has also been ratified by the Speaker of Iran’s Islamic Parliament.

Industry News

Iran States Strait of Hormuz Access Remains Closed, Announces Toll for Shipping Services

Iranian authorities confirmed that no passage permits have been issued by the Islamic Revolutionary Guard Corps Navy over the past 96 hours. The entry and exit channels of the Strait of Hormuz remain closed to all vessels until further notice. Earlier data from maritime tracking platform Sea Traffic revealed that the liquefied natural gas carrier "Disha" passed through the Strait into the Gulf of Oman on the 15th. To date, the "Disha" is the only large-scale energy vessel to have transited the Strait on that day.

Meanwhile, Iranian Foreign Ministry spokesperson Bahgaei stated that Iran will assume responsibility for managing safe passage through the Strait of Hormuz during a “specific period” and will charge fees for related shipping services.

Trump to Deliver Keynote Speech on July 4

U.S. President Trump announced he will deliver a keynote speech on July 4.

Project Updates

SpaceX Raises ~$85.7 Billion in IPO

SpaceX (SPCX.O) disclosed that underwriters exercised their option to purchase an additional 83.33 million shares. As a result, SpaceX raised approximately $85.7 billion in its initial public offering.

Strategy Discloses Last Week’s Addition of 1,587 BTC

Market sources indicate that Strategy disclosed adding 1,587 BTC last week at an average purchase price of $63,024, totaling approximately $1 billion.

Anthropic Ban Controversy Intensifies: Tech Giants’ Executives Urge Relaxation of Model Restrictions

Senior cybersecurity executives from major U.S. tech firms including Nvidia and Adobe have jointly urged the Trump administration to lift restrictions on Anthropic’s most powerful AI model, arguing that such bans hinder efforts to prevent the spread of digital attacks.

Kalshi Develops AI Agent “Harrison” for Stress Testing Predictive Market Contracts and Betting Logic

The prediction market platform Kalshi is deploying an internal AI agent system named “Harrison,” designed to optimize predictive market contract design and conduct stress testing on betting outcomes, thereby reducing errors and ambiguities in large-scale trading. According to co-founder Luana Lopes Lara, the AI tool has already been integrated into critical internal workflows handling millions of daily transactions on the platform, with a focus on resolving complex language and rule structures in event contracts covering political elections, sports events, and award outcomes.

Investments & Funding

AI Server Brokerage Platform Hydra Host Raises $100 Million, Led by Kindred Ventures

Data center software startup and AI server brokerage platform Hydra Host completed a $100 million funding round, bringing its post-money valuation close to $800 million. The round was led by Kindred Ventures (a venture capital firm), with participation from Nvidia, ARK Invest, early CoreWeave investor Magnetar Capital, and existing shareholders Founders Fund and Flume Ventures.

Digital Payments Platform Interchecks Closes $50 Million Series C, Led by Bettor Capital

Digital payments platform Interchecks announced closing a $50 million Series C round, led by Bettor Capital, with participation from Commerce Ventures, Decades Holdings, and Thayer Street Partners. The company primarily serves account transfers, digital banking (neobank), brokerage platforms, and crypto wallet funding scenarios, enabling enterprises to make real-time deposits via debit card credentials to compliant accounts, supported by an embedded risk control system ensuring fast, secure fund flows. It currently maintains partnerships with global payment networks including Visa and Mastercard.

Latin American Cross-Border Payments App El Dorado Secures $9 Million Series A, Led by Paradigm

Latin American cross-border payments app El Dorado raised $9 million in Series A funding, led by venture capital firm Paradigm, with participation from Coinbase Ventures and Verda Ventures. The company highlighted its current growth focus on non-traditional payment corridors such as Brazil and Bolivia. It now operates in 12 countries, covering markets including Argentina, Brazil, and Colombia, serving over 100,000 active users and processing more than 5 million transactions.

Voices from the Industry

“White-Haired Stock Guru” Serenity: Three Tech Themes Confirmed, Photonics and Memory Set to Lead Next Phase

“White-Haired Stock Guru” Serenity posted on X platform that her earlier identified three investment themes—Neoclouds, Photonics, and Memory—are progressively materializing in the market and are being validated through individual stock performance. From the movements of assets like AAOI, EWY, and NBIS, it is evident that the related supply chains are entering an accelerated phase of differentiation, with some components reaching new all-time highs.

Serenity also noted that IREN has underperformed due to sustained pressure from approximately $6 billion in ATM share issuances, while Nebius continues to strengthen, highlighting a pronounced divergence. The core of market success lies in identifying leading themes early and concentrating allocations in the right sectors. However, even with correct software direction, returns may fall short due to structural market variations.

In outlook, Serenity believes photonics remains in its early stage but holds significant long-term potential; Nebius has the potential to evolve into an “AWS for cloud computing,” while Micron (MU), SK Hynix, and Samsung Electronics may see industry-level revaluations akin to Nvidia’s, driven by structural demand for memory technologies.