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On June 16, SpaceX's stock rose significantly in pre-market trading, increasing by approximately 11%, and is expected to continue its momentum after a more than 40% rise in the first two trading days as a public company. By the close on Monday, the company's market capitalization had surpassed $2.5 trillion, nearing Amazon's valuation of nearly $2.7 trillion. According to a statement released on Monday, SpaceX has exercised its over-allotment option for its initial public offering (IPO), allowing underwriters to sell an additional 83.3 million shares. This so-called 'green shoe' mechanism has increased the total fundraising amount to $86.2 billion, and after deducting the $500 million underwriting fee listed in the prospectus, the actual amount raised is $85.7 billion. Data from Vanda Research indicates that retail buying volume in the first two days of SpaceX's listing was equivalent to the total retail buying volume in the U.S. stock market last week, alleviating some market concerns about the ability to absorb such a large-scale IPO.

[SpaceX Stock Expected to Surge Over 50% in Just Three Trading Days]On June 16, SpaceX's stock rose significantly in pre-market trading, increasing by approximately 11%, and is expected to continue its momentum after a more than 40% rise in the first two trading days as a public company. By the close on Monday, the company's market capitalization had surpassed $2.5 trillion, nearing Amazon's valuation of nearly $2.7 trillion. According to a statement released on Monday, SpaceX has exercised its over-allotment option for its initial public offering (IPO), allowing underwriters to sell an additional 83.3 million shares. This so-called 'green shoe' mechanism has increased the total fundraising amount to $86.2 billion, and after deducting the $500 million underwriting fee listed in the prospectus, the actual amount raised is $85.7 billion. Data from Vanda Research indicates that retail buying volume in the first two days of SpaceX's listing was equivalent to the total retail buying volume in the U.S. stock market last week, alleviating some market concerns about the ability to absorb such a large-scale IPO.

SpaceX Stock Expected to Surge Over 50% in Just Three Trading Days

On June 16, UBS updated its forecast, predicting that the Federal Reserve will cut interest rates by 25 basis points in both March and June 2027, revising its previous prediction of rate cuts in December 2026 and March 2027.

[UBS Forecasts Fed Rate Cuts in March and June 2027]On June 16, UBS updated its forecast, predicting that the Federal Reserve will cut interest rates by 25 basis points in both March and June 2027, revising its previous prediction of rate cuts in December 2026 and March 2027.

UBS Forecasts Fed Rate Cuts in March and June 2027

On June 16, Apyx announced the official launch of the "Apyx 2.0" framework after undergoing the largest stress test since June. This upgrade systematically restructures the redemption mechanism, collateral structure, and transparency indicators to address previous issues of price decoupling and redemption runs. Apyx stated that after its protocol went live in February and expanded to approximately $500 million in circulation, it recently faced significant market pressure: STRC (its core collateral asset) experienced its largest historical drawdown, and apxUSD briefly fell to about $0.90 in the secondary market, while the protocol managed large-scale redemption requests but maintained overall solvency. The stress test revealed a core issue in the design of the over-collateralization buffer mechanism. Apyx pointed out that under extreme market conditions, allowing redemptions based on net asset value (NAV) would create a structural incentive for "first redeemers to profit, while later holders bear losses," accelerating capital outflow and eroding system buffers. To address this, Apyx 2.0 introduces a "dual value system" to replace the previous single NAV framework. In the new system, "Redemption Value" will serve as the unified pricing benchmark for all minting and redemption, applicable in both stressed and normal market conditions; while "Total Collateral Value" will display the complete reserve scale, including the over-collateralization buffer. The protocol emphasizes that the difference between the two represents a transparent and visible risk buffer, but this buffer will no longer be directly used for redemptions at face value, thus eliminating the "risk-free arbitrage window" and preventing systemic runs during market downturns. Apyx stated that this adjustment will transform the buffer from a "target for priority extraction" into a "stabilizer that continuously accumulates." Additionally, Apyx plans to introduce an RFQ (Request for Quote) redemption mechanism, allowing users to trade directly with counterparties through quote matching during market stress to improve liquidity exit efficiency and reduce the impact of automated redemptions on prices.

[Apyx Launches 2.0 Upgrade to Restructure Redemption Mechanism Amid Stress Testing and Liquidity Risks]On June 16, Apyx announced the official launch of the "Apyx 2.0" framework after undergoing the largest stress test since June. This upgrade systematically restructures the redemption mechanism, collateral structure, and transparency indicators to address previous issues of price decoupling and redemption runs. Apyx stated that after its protocol went live in February and expanded to approximately $500 million in circulation, it recently faced significant market pressure: STRC (its core collateral asset) experienced its largest historical drawdown, and apxUSD briefly fell to about $0.90 in the secondary market, while the protocol managed large-scale redemption requests but maintained overall solvency. The stress test revealed a core issue in the design of the over-collateralization buffer mechanism. Apyx pointed out that under extreme market conditions, allowing redemptions based on net asset value (NAV) would create a structural incentive for "first redeemers to profit, while later holders bear losses," accelerating capital outflow and eroding system buffers. To address this, Apyx 2.0 introduces a "dual value system" to replace the previous single NAV framework. In the new system, "Redemption Value" will serve as the unified pricing benchmark for all minting and redemption, applicable in both stressed and normal market conditions; while "Total Collateral Value" will display the complete reserve scale, including the over-collateralization buffer. The protocol emphasizes that the difference between the two represents a transparent and visible risk buffer, but this buffer will no longer be directly used for redemptions at face value, thus eliminating the "risk-free arbitrage window" and preventing systemic runs during market downturns. Apyx stated that this adjustment will transform the buffer from a "target for priority extraction" into a "stabilizer that continuously accumulates." Additionally, Apyx plans to introduce an RFQ (Request for Quote) redemption mechanism, allowing users to trade directly with counterparties through quote matching during market stress to improve liquidity exit efficiency and reduce the impact of automated redemptions on prices.

Apyx Launches 2.0 Upgrade to Restructure Redemption Mechanism Amid Stress Testing and Liquidity Risks

On June 16, international oil prices experienced a sharp decline. Specifically, WTI crude oil futures fell over 2% to $77.46 per barrel, marking a new low since March 10; Brent crude oil futures also dropped over 2% to $81.24 per barrel, reaching a new low since March 10.

[International Oil Prices Plunge, WTI and Brent Hit New Lows Since March 10]On June 16, international oil prices experienced a sharp decline. Specifically, WTI crude oil futures fell over 2% to $77.46 per barrel, marking a new low since March 10; Brent crude oil futures also dropped over 2% to $81.24 per barrel, reaching a new low since March 10.

International Oil Prices Plunge, WTI and Brent Hit New Lows Since March 10

On June 16, when Kevin Wash was sworn in as the Chairman of the Federal Reserve, Trump advised the new chairman to "stay independent," saying, "Don't look at me, don't look at anyone, just do your job well and excel." However, this request will soon be put to the test. After presiding over his first meeting as Fed Chairman, Wash may have to deliver unwelcome news to Trump—despite Trump's calls for lower borrowing costs, the market expects the Fed to maintain its current stance at this meeting. Bill Adams, Chief U.S. Economist at Comerica Bank, stated that for the Fed to cut rates, they may need to see new negative shocks in the labor market, whether from worsening conflicts in the Middle East or the potential downward risks to employment posed by artificial intelligence becoming a reality. If these situations do not occur, it will be difficult for the Fed to find a reasonable justification for rate cuts in the current environment. Economists noted that robust job growth over the past three months and rising inflation related to the war with Iran have left policymakers with little room to lower rates. In recent weeks, traders have shifted their expectations from rate cuts to potential rate hikes later this year or in early 2027.

[Market Analysis: Wash's First Meeting May Deliver 'Bad News' to Trump]On June 16, when Kevin Wash was sworn in as the Chairman of the Federal Reserve, Trump advised the new chairman to "stay independent," saying, "Don't look at me, don't look at anyone, just do your job well and excel." However, this request will soon be put to the test. After presiding over his first meeting as Fed Chairman, Wash may have to deliver unwelcome news to Trump—despite Trump's calls for lower borrowing costs, the market expects the Fed to maintain its current stance at this meeting. Bill Adams, Chief U.S. Economist at Comerica Bank, stated that for the Fed to cut rates, they may need to see new negative shocks in the labor market, whether from worsening conflicts in the Middle East or the potential downward risks to employment posed by artificial intelligence becoming a reality. If these situations do not occur, it will be difficult for the Fed to find a reasonable justification for rate cuts in the current environment. Economists noted that robust job growth over the past three months and rising inflation related to the war with Iran have left policymakers with little room to lower rates. In recent weeks, traders have shifted their expectations from rate cuts to potential rate hikes later this year or in early 2027.

Market Analysis: Wash's First Meeting May Deliver 'Bad News' to Trump

According to audited financial data confirmed by informed sources on June 16, OpenAI spent a total of $34 billion last year, with approximately $19 billion allocated to research and development, and nearly $6 billion on sales, marketing, and other expenses. Various investors continue to cover OpenAI's substantial expenditures, as the company is currently advancing its plans for an IPO, with an overall valuation expected to exceed $1 trillion post-listing.

[OpenAI Spent Up to $34 Billion Last Year]According to audited financial data confirmed by informed sources on June 16, OpenAI spent a total of $34 billion last year, with approximately $19 billion allocated to research and development, and nearly $6 billion on sales, marketing, and other expenses. Various investors continue to cover OpenAI's substantial expenditures, as the company is currently advancing its plans for an IPO, with an overall valuation expected to exceed $1 trillion post-listing.

OpenAI Spent Up to $34 Billion Last Year

Market data shows that UNI has surpassed $3, currently priced at $3.01, with a 24-hour increase of 15.77%. The market is experiencing significant volatility, so please ensure proper risk management.

[UNI Surpasses $3]Market data shows that UNI has surpassed $3, currently priced at $3.01, with a 24-hour increase of 15.77%. The market is experiencing significant volatility, so please ensure proper risk management.

UNI Surpasses $3

On June 16, the well-known investor Serenity posted on social media, stating that its previous assessment that Micron Technology ($MU) "could be the next NVIDIA" is coming to fruition, noting that the company's market capitalization has risen to approximately $1.23 trillion. The account reviewed that it began focusing on leading memory chip manufacturers such as Samsung Electronics and SK hynix starting in 2025, and further increased its allocation to the memory chip theme this January, including investments in related stocks like SanDisk ($SNDK). Serenity indicated that its overall judgment around the "memory" theme has performed well, and the logic behind the rise of Micron and the memory cycle is gradually being validated. Additionally, it mentioned that the long strategy for the iShares MSCI South Korea ETF ($EWY) has also recorded significant gains.

[Serenity: Micron May Be the Next NVIDIA, Predictions Coming True]On June 16, the well-known investor Serenity posted on social media, stating that its previous assessment that Micron Technology ($MU) "could be the next NVIDIA" is coming to fruition, noting that the company's market capitalization has risen to approximately $1.23 trillion. The account reviewed that it began focusing on leading memory chip manufacturers such as Samsung Electronics and SK hynix starting in 2025, and further increased its allocation to the memory chip theme this January, including investments in related stocks like SanDisk ($SNDK). Serenity indicated that its overall judgment around the "memory" theme has performed well, and the logic behind the rise of Micron and the memory cycle is gradually being validated. Additionally, it mentioned that the long strategy for the iShares MSCI South Korea ETF ($EWY) has also recorded significant gains.

Serenity: Micron May Be the Next NVIDIA, Predictions Coming True

On June 16, the World Gold Council released a survey indicating that global central banks' willingness to allocate gold continues to rise. In the context of a price correction in a high gold price environment, "buying on dips" is becoming an important strategy for reserve management in some countries. The survey, conducted in collaboration with YouGov among 74 central banks, revealed that 45% of the responding central banks plan to increase their gold reserves in the next 12 months, the highest level since the survey began in 2018; only one central bank indicated it would reduce its gold holdings. This structural result shows that despite the recent decline in gold prices from their highs, the long-term allocation demand from the global official sector has not weakened. The report notes that gold prices have doubled over the past three years due to sustained net purchases by central banks, but the market environment has changed since 2026. The situation in the Middle East has driven fluctuations in energy prices while reinforcing market expectations of "interest rates remaining high for an extended period," which has suppressed the short-term appeal of non-yielding assets like gold. Additionally, speculative funds have temporarily withdrawn, causing gold prices to fall to their lowest point since November of last year. Structurally, emerging markets and developing economies remain the main drivers of future gold purchases. The survey shows that about 53% of central banks in this category plan to continue increasing their gold holdings, while only 18% of central banks in developed economies share this intention, reflecting a clear divergence in reserve diversification and risk hedging among different economies. Shaokai Fan stated that the price correction is reactivating some central banks' buying power, noting that "the price drop provides an entry opportunity for some central banks." He pointed out that in 2025, many central banks chose to wait due to high gold prices, but the current correction is changing this decision-making pace. Regarding purchasing methods, about half of the central banks planning to increase their gold holdings prefer to purchase gold directly from their domestic mining systems using local currency, reducing the consumption of foreign exchange reserves; another 38% choose to rebalance their allocations by selling other reserve assets. This indicates that gold is gradually evolving from a "foreign exchange reserve substitute" to a "reallocation tool within the system."

[Global Central Banks' Gold Purchasing Intentions Reach Highest Level Since 2018, Price Correction Seen as Buying Opportunity]On June 16, the World Gold Council released a survey indicating that global central banks' willingness to allocate gold continues to rise. In the context of a price correction in a high gold price environment, "buying on dips" is becoming an important strategy for reserve management in some countries. The survey, conducted in collaboration with YouGov among 74 central banks, revealed that 45% of the responding central banks plan to increase their gold reserves in the next 12 months, the highest level since the survey began in 2018; only one central bank indicated it would reduce its gold holdings. This structural result shows that despite the recent decline in gold prices from their highs, the long-term allocation demand from the global official sector has not weakened. The report notes that gold prices have doubled over the past three years due to sustained net purchases by central banks, but the market environment has changed since 2026. The situation in the Middle East has driven fluctuations in energy prices while reinforcing market expectations of "interest rates remaining high for an extended period," which has suppressed the short-term appeal of non-yielding assets like gold. Additionally, speculative funds have temporarily withdrawn, causing gold prices to fall to their lowest point since November of last year. Structurally, emerging markets and developing economies remain the main drivers of future gold purchases. The survey shows that about 53% of central banks in this category plan to continue increasing their gold holdings, while only 18% of central banks in developed economies share this intention, reflecting a clear divergence in reserve diversification and risk hedging among different economies. Shaokai Fan stated that the price correction is reactivating some central banks' buying power, noting that "the price drop provides an entry opportunity for some central banks." He pointed out that in 2025, many central banks chose to wait due to high gold prices, but the current correction is changing this decision-making pace. Regarding purchasing methods, about half of the central banks planning to increase their gold holdings prefer to purchase gold directly from their domestic mining systems using local currency, reducing the consumption of foreign exchange reserves; another 38% choose to rebalance their allocations by selling other reserve assets. This indicates that gold is gradually evolving from a "foreign exchange reserve substitute" to a "reallocation tool within the system."

Global Central Banks' Gold Purchasing Intentions Reach Highest Level Since 2018, Price Correction Seen as Buying Opportunity

HTX data monitoring shows that AAVE has broken through 70 USDT, currently reported at 70.05 USDT, with a 24H increase of 5.87%.

【AAVE breaks through 70 USDT】HTX data monitoring shows that AAVE has broken through 70 USDT, currently reported at 70.05 USDT, with a 24H increase of 5.87%.

AAVE breaks through 70 USDT

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BTC breaks through 67000 USDT

AAVE breaks through 70 USDT

Descargo de responsabilidad：El contenido anterior no representa las posiciones de HTX.，HTX no ofrece ninguna recomendación de trading.。

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