Odaily Planet Daily News: U.S. Federal Energy Regulatory Commission Chairman Willie Phillips: Will order the grid to establish clear rules for data center interconnection. (Jin10)
Odaily reported that according to Pakistani media citing sources on the 18th, Pakistani Prime Minister Shehbaz, who serves as a mediator for the US-Iran memorandum of understanding, has canceled his previously scheduled trip to Switzerland. On the 15th, Shehbaz stated that the signing ceremony for the US-Iran memorandum of understanding would be held in Switzerland on the 19th, with Pakistan presiding over the ceremony. (Xinhua News Agency)
Odaily reported that SolanaFloor posted on X, stating that the price of Strategy’s STRC has dropped to $86, hitting an all-time low. This represents a 14% discount to its $100 par value, with selling pressure continuing to increase.
Odaily reported that Trump posted on social media, saying: Oil supply is abundant, Iran will never have nuclear weapons (the world will be safe and secure!), the stock market is booming, employment numbers are hitting new highs, and prices are continuously falling (everything is affordable!). Our country is stronger, safer, and more respected than ever before. "You're welcome!"
According to Gate data, WTI crude oil has fallen below $73 per barrel, down 3.66% intraday.
Odaily reported that Hayden, the founder of Uniswap, posted on platform X, stating that he just noticed CFTC Chair Michael Selig explicitly mentioned UNI as a commodity on Bankless a few days ago. This marks a significant improvement compared to previous regulators who sued everyone without providing any guidance.
Odaily Odaily reports that Bitcoin mining company HIVE's subsidiary BUZZ High Performance Computing has signed a three-year sovereign AI cloud infrastructure contract worth approximately $220 million with Bell AI Fabric and Cohere. Under the contract, BUZZ HPC will deploy a cluster containing 2,304 Nvidia Grace Blackwell GPUs at Bell's facility in Merritt, British Columbia.
Funding for the Blackwell systems comes from the $115 million convertible note financing completed in April. The deployment is expected to become operational between late 2026 and early 2027, and is projected to add approximately $70 million to the company's current $35 million in annual recurring revenue. Additionally, HIVE has received approval to acquire a 32-megawatt data center in Big Boden, Sweden, and plans to upgrade it to support enterprise-grade AI workloads. (The Block)
Odaily reported that Russian Foreign Minister Lavrov stated: Russia will carry out large-scale strikes on targets of the Ukrainian Armed Forces; the tasks assigned by President Putin are being executed. Words alone are not enough to respond to Kyiv's actions. (Jinshi)
Odaily reported that according to the latest data from Gate, the gold price has risen to $4,269.52 per ounce, with a daily increase of 0.39%. The silver price has risen to $67.315 per ounce, with a daily increase of 0.14%. The BVIX (BTC Volatility Index) is currently quoted at 41.23, with a daily increase of 7.04%. The EVIX (ETH Volatility Index) is currently quoted at 57.26, with a daily increase of 1.35%. In the forex market, the USD/CNH pair fell 0.03% intraday, with the current exchange rate at 6.77334. The USD/JPY pair rose 0.14% intraday, with the current exchange rate at 160.829. Regarding global stock indices, the Euro Stoxx 50 Index (EUSTX50) rose 0.75% intraday to 6,321.86 points; the UK FTSE 100 Index (UK100) fell 0.62% intraday to 10,414.6 points; the German DAX 40 Index (GER40) fell 0.07% intraday to 25,010.1 points. In the commodities sector, WTI crude oil fell 1.23% intraday to $75.23 per barrel. Brent crude oil fell 1.28% intraday to $79.13 per barrel. Gate supports users in directly trading traditional financial market products on its platform, offering a one-stop solution covering multiple asset classes including precious metals, forex, global stock Contracts for Difference (CFDs), major indices, and commodities, thereby achieving deep integration of crypto assets and traditional financial assets. Gate TradFi-related features are now fully integrated into both the Gate App and Web interface. Users can conveniently participate in global asset price trading without switching platforms, unlocking new strategies and opportunities beyond the crypto market, and continuously enhancing their multi-asset allocation experience.
Odaily reports that Montage Technology stated on its interactive platform that it has recently successfully delivered samples of the sixth-generation DDR5 RCD chip to customers. This chip supports data transfer rates of up to 9200 MT/s, a 15% improvement over the previous generation, meeting the rigorous bandwidth requirements of next-generation server platforms.
The company is the lead developer of the international standard for DDR5 RCD chips. (Jin Shi)
Odaily reports that DeFi lending protocol Ionic Protocol announced on X platform that due to the escalating impact of a security breach incident in 2025, the project has been forced to immediately cease all operations. All users are required to withdraw their assets from all deployments as soon as possible. Ionic Protocol added that the decision to shut down was made with "no other option," and related services are now in the termination process.
Odaily Planet Daily News According to market rumors, Rockstar may launch a marketing campaign for GTA VI in late June and simultaneously open pre-orders. However, as of now, the official release date for pre-orders has not been announced. Driven by related expectations, Take-Two's stock price once rose by approximately 6%. (barrons)
Odaily reported that, according to sources, Meta Platforms' previous acquisition of AI company Manus for approximately $2 billion may face a reversal following a decision by Chinese regulatory authorities to require the transaction to be unwound. Manus's early investors are now planning to buy back the company's equity at roughly the $2 billion price Meta originally paid. This development could enable some of the original investors to regain control of the company and potentially benefit from a revaluation of its worth. (The Information)
Odaily reported that KobeissiLetter analysis indicates Intel's share price surged approximately 9% in a single day after Trump announced the United States would design and manufacture chips domestically. This development represents a policy-level positive for the entire semiconductor industry, and market expectations suggest continued support for domestic wafer fabrication and advanced process investments.
However, for the crypto market, if U.S. chip production capacity shifts more toward consumer electronics and defense sectors, it could indirectly compress the supply capacity of ASIC mining rigs. This may have a potential impact on the mining hardware cycle. Therefore, Intel's capacity dynamics could be viewed as a "material revaluation signal" for the Bitcoin and crypto mining market.


