Odaily, "White-Haired Stock Guru" Serenity posted on X, reviewing his past experiences where his investment views faced skepticism. He stated that many original investment ideas initially face strong opposition, but ultimately the market becomes the standard for judging right and wrong. He has faced significant criticism for being bullish on several companies, for example:

$AXTI: Early on, it was questioned as a "scam company," and related discussions even led to a ban from Reddit's WSB forum. However, it later received coverage from Reuters, and the performance of the Indium Phosphide (InP) substrate industry company, along with institutional investor validation, confirmed its logic.

$RPI: Initially labeled a "meme stock" by the market, analysts believed it lacked fundamentals. However, earnings reports showed the company's future revenue growth expectation reached 58%, and it was subsequently re-evaluated as a high-growth AI hardware company.

$SIVE: Once considered a "meme stock" by numerous investors, it later gained institutional buying support, including attention from Fidelity Research, JPMorgan Chase, and others, and announced partnerships with companies like Jabil and GlobalFoundries.

Serenity stated, "The market will ultimately decide what is right or wrong, not the angry comments or posts on X (formerly Twitter)." He added that as each investment thesis gets validated one by one, the eventual market performance overshadows the early noise. He also listed several other cases that were initially doubted but later gained market recognition, including:

$AAOI: Near $30, management was questioned as "untrustworthy";

$LITE: At $300, the photonics industry was considered to be in a bubble;

$RKLB: At $20, it was dismissed as just a low-revenue launch company;

$HOOD: At $20, it faced negative sentiment due to the GameStop trading restriction incident;

$IQE: Considered just a small UK company lacking partnerships in the photonics field;

$SOI: Analysts at a European bank considered its valuation too high;

$NBIS: Questioned for having no competitive moat;

$INTC: The market thought it couldn't compete with TSMC;

$MRVL: The market feared its ASIC market share would be taken by Broadcom;

$AEHR: The market misinterpreted its earnings report, thinking the company lacked revenue;

$EWY: The market believed the South Korean semiconductor cycle was in a bubble.

According to Onchain Lens monitoring, James Wynn's 40x leveraged Bitcoin short position has been liquidated once more.

1. Musk secures a $780 billion record-breaking compensation package;

2. Analysis: SEC's potential approval of stock tokenization could trigger a structural reshaping of the US stock market;

3. a16z crypto: Multiple catalysts including the World Cup drive prediction markets to record weekly trading volume;

4. Tencent Customer Service: WeChat is gray-testing AI assistant "Xiaowei";

5. AI data centers spark a "power grab": US accelerates grid connection for large-scale computing facilities;

6. Latest update on the "legal claim of ownership over Satoshi Nakamoto's Bitcoin" case: Still under trial, lawyers request avoiding one-sided judgment;

7. US House to hold digital finance roundtable next week: Exploring how crypto assets can safeguard economic sovereignty;

8. Namada suffers an attack; over 220,000 ATOM flow into a Cosmos Hub address before being transferred out;

9. Michael Saylor looks back on the "Bitcoin bet": Strategy holdings expand to 840,000 BTC, reserve net value leads debt by $48 billion;

10. Trump boasts of achievements in the Iran war: Iran has been "completely defeated," and the US is no longer weak.

Odaily Planet Daily News QCP Capital analyzed that Strategy's cash runway before exhausting its dividend payments has been extended to approximately 7.5 months. In the short term, this pressure may continue to prevent Bitcoin from fully participating in the broader macro optimism. (Bitcoin News)

Odaily Odaily reports that Trump boasted of his achievements in the war against Iran, stating: Radical left fools and Democrats realize how brilliantly we performed in the war against Iran, whose military has been completely defeated. Obama just kept giving them billions in cash, never utilizing our then-exhausted military to do what needed to be done to contain Iran, the world's number one state sponsor of terrorism. They have zero respect for him. They see him, like sleepy Joe Biden, as a weak and incompetent leader—and on that, they are 100% correct. Iran had gotten away with it for 47 years, until I showed up. Then everything changed. AMERICA IS BACK!!! (Jin Shi)

Odaily Odaily reports that stablecoins, which have gained attention from governments and financial institutions as a new type of electronic payment tool, are now being used by some criminal groups for money laundering. Due to their peg to fiat currencies, low price volatility, and fast transfer speeds, fraud groups have begun converting funds obtained from special scams into stablecoins to conceal the source of funds.

In March this year, the Osaka Prefectural Police arrested three men on suspicion of violating the Organized Crime Punishment Law, accusing them of assisting an investment fraud group in money laundering. Police stated that the three individuals converted approximately 14 million yen from 10 victims across six prefectures into crypto assets, including stablecoins, in an attempt to obscure the flow of funds.

According to investigations, the trio engaged in over-the-counter (OTC) crypto asset transactions conducted directly between individuals without the involvement of exchanges, and police believe they may be involved in money laundering activities totaling billions of yen.

The report notes that while stablecoins operate on blockchain technology, offering features such as tamper-proof transaction records, their rapid cross-border transfer capabilities and peer-to-peer transaction models also increase the difficulty of tracking.

Naoyuki Iwashita, Professor Emeritus at Kyoto University, stated that once digital assets are exploited by criminals, subsequent investigations and fund tracing will face greater challenges. As the application of stablecoins expands in the Japanese market, industry insiders believe that strengthening anti-money laundering (AML) measures and transaction oversight will become prerequisites for their further development. (Kyodo News)

Odaily news, Michael Saylor posted on X platform to review Strategy's Bitcoin strategy journey, stating that when he gave the relevant speech in October 2022, the price of Bitcoin was about $20,000, Strategy held 130,000 BTC at the time, valued at approximately $2.6 billion, and the stock MSTR (adjusted for stock split) was priced at around $24.

Michael Saylor stated that weeks later, Bitcoin fell below $16,000, and the company's debt once exceeded the total value of its BTC and cash reserves by about $300 million. The MSTR stock price also dropped to around $13 by the end of 2022. Strategy then persisted in executing its Bitcoin strategy, strengthened company operations, and continued to raise funds to invest in BTC. Since 2022, the company has raised over $60 billion in new capital, which was used to purchase Bitcoin, adding more than 716,000 BTC to its holdings.

Michael Saylor said that currently, the value of BTC and dollar reserves held by Strategy exceeds the company's debt by approximately $48 billion. He thanked the investors who have long supported the company and stated that the company will continue to adhere to its long-termist strategy in the future.

According to Odaily, the privacy-focused public chain project Namada officially stated that the protocol encountered a vulnerability attack incident. The team is currently investigating and has contacted relevant parties to assist in handling the matter.

Officials stated that if the operator behind this attack is a white hat hacker, they hope the individual will proactively contact the team to further understand the vulnerability and facilitate a resolution.

On-chain data shows that some ATOM assets related to the incident were allegedly transferred to a Cosmos Hub network address via IBC (Inter-Blockchain Communication protocol). According to on-chain tracking information, this address received approximately 228,517 ATOM on June 18. The funds were subsequently drained within hours through IBC transfers and multiple outgoing transactions. Currently, only a small balance remains in this address.

As of now, Namada has not disclosed the type of vulnerability, the attack method, or the specific scale of losses. The relevant investigation is still ongoing.

According to Lookonchain monitoring, Humanity hackers have converted some of the stolen funds into USDC and transferred them to the cryptocurrency exchange KuCoin.

Odaily reported that Fu Peng posted on platform X: "Many Bitcoin holders who have long been confined to the digital asset ecosystem are, for the first time through this channel, attempting to allocate funds into S&P 500 ETFs and AI-related funds. This trend has shifted market discussion from 'confrontation' to 'complementarity', indicating that the future financial architecture will be more inclusive. BlackRock defines this deep cross-asset class integration as the 'Great Blending'.

Crypto investors have this month participated in SpaceX IPO-related activities through pre-IPO perpetual futures and tokenized stocks. These products allow users to speculate on the valuations of private companies before the public offering of listed companies, further breaking down the barriers between public and private markets. The trading volume of pre-IPO perpetual futures surged from approximately $1 billion in early May to nearly $22 billion within a few weeks.

Odaily reported that, according to Al Arabiya TV: Sources said the main contentious issue in the current negotiations is Lebanon. The Iranian delegation threatened to withdraw from the talks if Israel continues its attacks in Lebanon. (Jin Shi)

Odaily Odaily reports that according to a new filing with the U.S. Securities and Exchange Commission (SEC), Musk has exercised all rights under his 2018 Tesla CEO compensation plan, acquiring 304 million shares of stock with a paper gain of approximately $116 billion (about RMB 780 billion). However, these shares will be locked up until 2028. Only then will Musk be able to sell them. (CLS)

Odaily Planet Daily News: OKX founder and CEO Star posted on platform X, stating: "OKX's corporate culture has always included customer first, innovation, pragmatism, openness and transparency, and providing opportunities and resources. A company's culture is not defined by slogans but is jointly shaped by its talent, products, values, and long-term results.

To this day, OKX has many veteran colleagues who have been with the company for 5 years or even close to 10 years, continuously learning and progressing. We also have many new colleagues from other industries or competitors, bringing fresh perspectives and progressive ideas.

Many colleagues with experience at competitor companies have reported that OKX's overall compensation and long-term incentives are higher than those at many rivals. Recently, a colleague from our business team, who joined four years ago and had consistently entrusted their long-term incentive to the company without cashing out, received several million dollars in returns upon recent redemption. We are proud of cases like this.

However, OKX does not encourage employees to regard crypto trading or getting rich quickly as their career vision. Instead, we advocate for a model that combines generous short-term cash incentives with long-term incentives. Some individuals, full of the desire for quick riches, cannot accept OKX's internal policies, such as prohibiting the issuance of tokens, insider trading, and accepting bribes. Meanwhile, competitors have offered these individuals attractive conditions, leading them to choose to leave. We also wish these colleagues well.

We have also seen many cases where individuals, attracted by short-term gains, join competitors only to be discarded soon after losing their utility. Every company has its own characteristics. We welcome all legal means of competition and will strictly crack down on any actions that violate laws or professional ethics.

In any case, we are always proud when our former colleagues at OKX can continue to showcase their talents at other companies. At the same time, we will persistently create industry-leading compensation, an open and transparent culture, generous incentive mechanisms, and a long-term career platform for our current colleagues."

Odaily reported that William Timmons, Chairman of the U.S. House Subcommittee on Military and Foreign Affairs and a Republican Congressman, announced a roundtable scheduled for June 25. The discussion will focus on how digital assets and cryptocurrencies can help individuals protect their wealth, access assistance, and maintain economic sovereignty. Additionally, the roundtable will explore the intersection of digital finance with U.S. national security interests, and examine how the United States can maintain its competitiveness in the digital financial sector by driving financial innovation.

Odaily Odaily News: Galaxy Digital Head of Research Alex Thorn has released the latest updates on the litigation surrounding the "attempt to claim legal ownership of Satoshi Nakamoto's Bitcoin." The case, filed by two anonymous Wyoming companies, seeks to have a court declare that addresses holding approximately 39,069 long-dormant Bitcoins constitute "abandoned property," thereby granting them legal title to the associated BTC. The assets involved are reportedly valued at over $200 billion and include wallets believed to be from the "Satoshi Nakamoto era."

1. On May 29, Bitcoin lawyer Ian R. Cohen submitted an amicus curiae brief. His core arguments include: New York State's lost property law does not apply to self-custodied Bitcoin; "dormancy" does not equal "abandonment"; and the court has no jurisdiction over private keys. He emphasized that in the Bitcoin system, "control of the private key is ownership," and without control of the private key, one cannot claim the assets.

2. On June 4, Judge Kathy King granted Cohen's request for a hearing and issued a stay on the entire case, freezing subsequent proceedings pending a formal hearing. This action effectively blocked the plaintiffs from obtaining a ruling via the "no appearance → default judgment" path.

3. On June 18, plaintiff's attorney David Lin filed a motion to lift or narrow the stay, arguing that non-parties should not influence the case's progress and that an amicus brief is unnecessary if the defendants do not appear.

4. On June 19, Cohen submitted a strong rebuttal, stating that the stay was proactively issued by the court and that the "lack of defendants" is the structural issue of the case itself. The 39,069 addresses, as "defendants," cannot appear in court, so the court must rely on third-party opinions to avoid a one-sided judgment. He further questioned the plaintiffs' move to circumvent procedural hurdles by naming a nominal $10 claim while attempting to establish ownership of Bitcoin potentially worth hundreds of billions of dollars. He also highlighted on-chain data showing that some addresses "marked as dormant" had transactions during the case period, with at least 52 addresses moving approximately 34,335 BTC (~$2.48 billion), including 29 addresses transferring about 12,302 BTC "after service of process," undermining the core premise of "abandoned assets."

Alex Thorn analyzed that the case is still under review. A default judgment could have profound implications for the legal definition of self-custodied Bitcoin, sparking a long-term debate over whether dormant addresses equal unclaimed assets.

Odaily Odaily reports that the AI boom has led to a surge in electricity demand from data centers across the United States, causing electricity prices to continue rising in many areas and prompting power outage warnings in some regions. To alleviate the power supply dilemma, the U.S. Federal Energy Regulatory Commission on the 18th required regional grid operators to consider new agreements to expedite the grid connection process for large electricity consumers like data centers. The commission also stated that it will no longer proactively consider environmental impacts under the U.S. National Environmental Policy Act when formulating rules going forward.

According to data from the Data Center Map website, there are currently over 4,000 operational data centers in the U.S., with a vast number more in the planning or construction phase. However, the pace of data center construction far outstrips the speed at which new power plants can be brought online, compounded by slow grid interconnection timelines. As a result, major tech giants across the country are scrambling to secure electricity quotas for their facilities. Statistics from the Electric Power Research Institute indicate that data centers currently consume about 5% of total U.S. electricity demand, a share that could rise to approximately 20% by 2035. (CCTV Finance)