Odaily: Iranian military sources stated that the Strait of Hormuz remains closed. Until further notice, the Islamic Revolutionary Guard Corps Navy will not issue passage permits to any vessels. (Jin10)

According to Coinglass data, the Coinbase Bitcoin premium index has been in negative territory for 44 consecutive days (from May 19 to present), with the latest reading at -0.1089%. This index measures the deviation of BTC's price on Coinbase (a major US compliant exchange) relative to the global average price. A sustained negative value indicates heavier selling pressure in the US market, declining risk appetite, capital outflows, or heightened risk aversion. Historical data shows that prolonged negative premiums often accompany the withdrawal of US institutional capital, warranting caution regarding short-term downward pressure.

CryptoQuant author Darkfost noted that institutional demand for BTC exhibits a lagging phenomenon. The Coinbase premium index is primarily used to assess demand for Bitcoin from professional and institutional investors. By comparing BTC prices on Coinbase Advanced and Binance, one can directly gauge the purchasing behavior of these users. Negative values indicate that institutional investors are selling more than retail investors, who are predominantly active on the Binance platform. This behavior from retail investors contributes to the price decline observed in the Coinbase Advanced index.

Previously, this index recorded a 40-day consecutive negative premium from January 16 to February 24 this year, marking the longest negative streak since the index's launch, surpassing the approximately 30-day consecutive negative premium period during the "May 19 crash."

Odaily reports that crypto punk pioneer Adam Back stated that negative market views on Strategy and its preferred stock STRC are unfounded. What Strategy does is essentially sell Bitcoin to pay dividends, without altering its Bitcoin reserve strategy. In fact, it is "proving that it can pay returns to investors through Bitcoin while reducing its debt ratio."

Adam Back further pointed out that Strategy is showcasing a new financial model to the market, where Bitcoin could potentially become an alternative asset to cash for corporate asset management and capital operations. He argued that the FUD sentiment surrounding MSTR and STRC is overstated, and Strategy will not "go to zero." Its long-term value lies in its continued holding of Bitcoin and in driving market understanding of Bitcoin's monetary properties.

According to an official announcement, Binance Alpha will list Arcium (ARX) on June 22. Eligible users can go to the Alpha event page after the trading opens to claim the airdrop using Binance Alpha Points. Specific details will be announced separately.

Odaily reported that according to the Islamic Republic News Agency (IRNA), Iranian Foreign Ministry Spokesperson Baghaei stated that the Swiss Bürgenstock meeting will last one day, with a quadrilateral meeting involving Iran, the United States, Qatar, and Pakistan to be held in the afternoon. Today's meeting serves as a follow-up to the implementation of the Memorandum of Understanding reached with the US. The US has failed to secure a ceasefire in Lebanon, and this issue will become the core agenda of the Swiss meeting. The talks will also cover other topics, including exemptions for Iran's oil sales and the unfreezing of Iran's frozen assets. (Jin Shi)

Odaily Planet Daily News Jukan, a researcher at the renowned investment research institution Citrini, posted on platform X stating that after reading Citi Bank's earnings preview report, he believes the institution's assumptions regarding Micron Technology's product unit prices are too conservative. If market consensus is at this level, Micron Technology may have the potential to exceed expectations this quarter. Data shows that Micron Technology (MU) stock is temporarily trading at $1,133.99.

Previously, multiple institutions raised their target prices for Micron Technology (MU) to a range of $1,200 to $1,500, including:

Citi raised its target price for Micron Technology to $1,200; Wedbush raised its target price for Micron Technology to $1,300;

Deutsche Bank and investment bank Stifel raised their target price for Micron to $1,500.

Odaily Planet Daily News: Renowned stock trader Chuan Mu posted on platform X, stating, "SK Hynix is currently at 2,760,000 KRW, and there is still 50% room to reach the revalued market cap of 3,900,000 KRW. This market revaluation profit will be given to those who hold onto SK Hynix within 45 days. The day the U.S. ADR goes live will be the day the revaluation is complete. Institutions won't leave much profit margin for retail investors; they operate just like handling new IPOs—extracting maximum valuation before selling to retail." Additionally, he revealed: "Half of my current position is in SK Hynix, and the other half is in 2x leveraged SK Hynix, with only 1% in cash." According to the attached chart information, SK Hynix's stock price is currently reported at 2,764,000 KRW.

Previously, on April 27, when SK Hynix’s stock price was at 1,286,000 KRW, he publicly posted, "Once the market reclassifies memory stocks from cyclical stocks to growth stocks, SK Hynix's stock price could triple to 3,900,000 KRW."

Odaily Odaily reported that the Hong Kong Police Force's Financial Intelligence and Investigation Bureau, together with the Hong Kong Monetary Authority and the Hong Kong Association of Banks, jointly held an "Anti-Money Laundering Exhibition." The Commissioner of Police, Raymond Siu, disclosed data stating that in the first quarter of this year, Hong Kong recorded over 9,400 fraud cases, a decrease of approximately 60 cases compared to the same period last year. However, the total loss amount exceeded HK$1.85 billion, an increase of nearly HK$300 million compared to the same period last year. In the first quarter of this year, around 2,000 individuals were arrested in connection with fraud and money laundering cases, of which approximately 70% were holders of "mule accounts."

The Hong Kong Police reminded that according to the law, a person convicted of money laundering offenses faces a maximum fine of HK$5 million and imprisonment for up to 14 years, and the court may also consider applying for an additional sentence depending on the circumstances. (HK01)

Odaily Seer Channel monitoring shows that the probability on Polymarket for "Claude Fable 5 will be restored for US customers by June 26" has dropped to 41%, down 16% in 24 hours.

Due to US government export controls imposed on national security grounds, Anthropic suspended global access to the Claude Fable 5 model just days after its release on June 9.

Latest reports indicate that Anthropic executives have submitted a proposal to US Commerce Secretary Howard Lutnick, pledging closer collaboration with the White House and working to address the security concerns that led to restrictions on its powerful "Mythos" and "Fable" models.

Sources familiar with the matter say that during ongoing remediation negotiations, Anthropic has committed to resolving any security issues more quickly in the future, though there is currently no exact timeline for a complete resolution. Another insider stated that Anthropic co-founder and Chief Computing Officer Tom Brown, along with Head of Public Policy Sarah Heck, are leading negotiations with Trump administration officials. Representatives from both Anthropic and the Department of Commerce did not respond to requests for comment.

Odaily Seer Channel continues to monitor prediction markets, seeing changes before they are priced in.

Odaily reported that recently, crypto KOL and DeFi OG Chen Mo posted on X platform citing L2 Blob submission data, saying: "Somewhat surprising. Ranked by Blob submission volume, Base is the undisputed No.1 L2, but the second place is actually World Chain (WLD). The higher this figure, the greater the transaction volume and busier the chain. And since the start of 2025, World Chain has consistently held second place behind Base, even often ahead of Arbitrum. So who is actually using it? From the data, it shows stable usage demand, but there seems to be hardly any applications on the chain. Personally, apart from using it a few times on Morpho, I rarely use it otherwise. Do Worldcoin ecosystem's specific use cases (identity, payments, etc.) really generate such massive volume?"

Odaily Planet Daily News: In response to today's Wall Street Journal report that "Polymarket is accused of marketing to U.S. users through simulated trading and fake profit videos," "White-Haired Stock Guru" Serenity posted on X platform, stating that prediction markets will face a significant amount of additional regulatory scrutiny. They pointed out that regulators should also investigate how Polymarket pays KOLs for marketing purposes, using undisclosed paid reviews to manipulate the X algorithm. Serenity stated that, as the user with the largest number of followers on the X platform, they frequently receive such collaboration offers, but they do not accept paid promotions to ensure their personal research is not influenced by external factors. Additionally, they reiterated in the comments: "I only use the X platform; accounts on any other platform are scammers."

Monitoring from the Odaily Seer Channel shows that with the League of Legends MSI (Mid-Season Invitational) World Championship set to begin on June 28, Polymarket has listed a new event: "Will BLG achieve the 'Golden Road' (Grand Slam)?" The event probability is currently at 9%, down 39% in 24 hours. Previously, BLG defeated LEC team G2 to win the 2026 League of Legends First Stand tournament.

The event's determination rule states: If BLG completes the "Golden Road" this year, the event will be marked as "Yes." This means BLG must win all major tournaments in the League of Legends esports circuit during the 2026 calendar year. Specifically, the team needs to win all regional competitions while also participating in and winning all three major international events: First Stand, MSI, and the World Championship. The source of this information will be official data from the League of Legends esports website (https://lolesports.com), though reliable reports such as those on Liquipedia may also be referenced.

The Odaily Seer Channel continues to monitor the prediction market—seeing the changes before the pricing.

Odaily Planet Daily News KalshiData posted on platform X, stating that Kalshi is about to break through last month's total nominal trading volume of nearly $18 billion.

Odaily reports that a16z crypto posted on the X platform, stating that prediction market open interest reached $1.48 billion in the week ending June 15, hitting a new all-time high for the second consecutive week. Unlike trading volume, which reflects daily activity, open interest tracks the funds participants have deployed and remain at risk. This metric has grown approximately sixfold over the past year, indicating that users are maintaining longer-term financial positions and that prediction markets are evolving into durable market infrastructure. Major events attract a large number of users, and more traders are staying to participate in a wide range of markets covering politics, economics, culture, crypto, and more.

Previously, a16z crypto stated that multiple events, including the World Cup, synergized to push prediction market weekly trading volume to a new all-time high of $10.8 billion.

Recently, a new dispute has erupted between two well-known research institutions, Citrini and SemiAnalysis. Citrini researcher Zephyr cited relevant sources, stating, "The performance of the Rubin Ultra HBM has actually degraded to the 12 Hi level, and they haven't even started using HB technology yet.

In 2027, they won't be using 16 Hi chips. Currently, hybrid bonding technology is very expensive for HBM due to its extremely low yield rates.

BESI's biggest short-term advantage lies in TSMC's adoption of hybrid bonding technology in its chip manufacturing and packaging processes. This enables the integration of EIC and PIC, thereby improving CPO production efficiency." In response, Citrini researcher Jukan commented with a related tweet, saying, "I told you this back in April."

Regarding this matter, SemiAnalysis founder Dylan Patel shared a screenshot from Discord and stated: "As early as March, clients using the SemiAnalysis Memory and Accelerator models were already informed that the Rubin Ultra 16 Hi would be replaced by the 12 Hi version."

Previously, Citrini researcher Jukan had cited sources claiming "Nvidia plans to significantly cut the memory configuration of its new generation rack systems," which led to a sharp collective decline in the US and Korean stock memory sectors at the time. SemiAnalysis founder Dylan Patel clarified that the report was taken out of context and was overly sensationalized with its headline.

Odaily News: According to Saudi media Hadath and Al Arabiya, the United States, Iran, and Pakistan have begun bilateral and trilateral contacts. Iran stated that the first official negotiation meeting will be held at 11:30 GMT (19:30 Beijing time). (Jin10)