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On June 7, according to the Islamic Republic News Agency (IRNA), Iran's First Vice President Arif stated that all senior officials are completely united on Iran's negotiation strategy, dismissing any claims of disagreements regarding the negotiation texts or proposals. Arif mentioned that Tehran has adopted a clearly coordinated approach in the negotiations. He stated, 'Iran has established a clear strategy in the negotiations, and all officials are implementing it in a fully coordinated manner.' He also added that there are 'no disagreements among officials on the negotiation texts and proposals.' He referred to the ongoing indirect negotiations between Iran and the United States, aimed at permanently ending the wars waged by the U.S. and Israel against Iran. Arif further emphasized Iran's experience in dealing with two wars, stating that Iran has gained valuable crisis management experience from them.

[Iran's First Vice President: Officials United on Negotiation Stance]On June 7, according to the Islamic Republic News Agency (IRNA), Iran's First Vice President Arif stated that all senior officials are completely united on Iran's negotiation strategy, dismissing any claims of disagreements regarding the negotiation texts or proposals. Arif mentioned that Tehran has adopted a clearly coordinated approach in the negotiations. He stated, 'Iran has established a clear strategy in the negotiations, and all officials are implementing it in a fully coordinated manner.' He also added that there are 'no disagreements among officials on the negotiation texts and proposals.' He referred to the ongoing indirect negotiations between Iran and the United States, aimed at permanently ending the wars waged by the U.S. and Israel against Iran. Arif further emphasized Iran's experience in dealing with two wars, stating that Iran has gained valuable crisis management experience from them.

Iran's First Vice President: Officials United on Negotiation Stance

On June 7, Paul Chan, the Financial Secretary of the Hong Kong Special Administrative Region, announced today that the "AI+ and Industry Development Strategy Committee," established as part of the budget proposal, has been successfully formed. The committee comprises experts, scholars, and representatives from business associations, companies, and industrial parks, and will hold its first meeting within this month. Given the broad scope of AI empowerment, the committee will initially focus on health and embodied intelligence, while also exploring strategies for AI applications in various fields, such as transportation, cultural and creative industries, and sustainable development.

[Paul Chan: Hong Kong's AI+ and Industry Development Strategy Committee Formed Successfully]On June 7, Paul Chan, the Financial Secretary of the Hong Kong Special Administrative Region, announced today that the "AI+ and Industry Development Strategy Committee," established as part of the budget proposal, has been successfully formed. The committee comprises experts, scholars, and representatives from business associations, companies, and industrial parks, and will hold its first meeting within this month. Given the broad scope of AI empowerment, the committee will initially focus on health and embodied intelligence, while also exploring strategies for AI applications in various fields, such as transportation, cultural and creative industries, and sustainable development.

Paul Chan: Hong Kong's AI+ and Industry Development Strategy Committee Formed Successfully

On June 7, it was reported that Baidu's MEG (Mobile Ecosystem Group) underwent a new round of organizational adjustments: the Commercial Department and E-commerce Department were merged to form the Large Commercial Department, and the Digital Human Innovation Business Department has also been upgraded to an independent department. (Beijing Business Daily)

[Baidu Establishes Digital Human Innovation Business Department]On June 7, it was reported that Baidu's MEG (Mobile Ecosystem Group) underwent a new round of organizational adjustments: the Commercial Department and E-commerce Department were merged to form the Large Commercial Department, and the Digital Human Innovation Business Department has also been upgraded to an independent department. (Beijing Business Daily)

Baidu Establishes Digital Human Innovation Business Department

On June 7, it was reported that NVIDIA CEO Jensen Huang met with KRAFTON founder and chairman Chang Byung-kyu and NCSOFT representative Kim Taek-jin at an internet cafe in the Gangnam district of Seoul. It is understood that Huang and Chang may have discussed humanoid robots and physical AI, as well as collaboration in the gaming sector based on NVIDIA's recently released AI laptop series 'RTX Spark.' KRAFTON has long collaborated with NVIDIA to develop AI features and integrate them into games. The partnership formed through gaming has also facilitated discussions on physical AI collaboration between the two parties. Senior executives from KRAFTON visited NVIDIA's headquarters in California last April to explore new generation technology collaboration directions, including robotics, with Huang. After concluding the meeting with KRAFTON executives, Huang moved to another nearby internet cafe to meet with Kim Taek-jin and other NCSOFT executives. Huang also engaged in a live-streamed discussion with Kim, exchanging views on the development direction of the gaming industry and AI technology.

[Jensen Huang Meets Representatives of Two Major Korean Game Companies to Discuss AI Collaboration in Gaming]On June 7, it was reported that NVIDIA CEO Jensen Huang met with KRAFTON founder and chairman Chang Byung-kyu and NCSOFT representative Kim Taek-jin at an internet cafe in the Gangnam district of Seoul. It is understood that Huang and Chang may have discussed humanoid robots and physical AI, as well as collaboration in the gaming sector based on NVIDIA's recently released AI laptop series 'RTX Spark.' KRAFTON has long collaborated with NVIDIA to develop AI features and integrate them into games. The partnership formed through gaming has also facilitated discussions on physical AI collaboration between the two parties. Senior executives from KRAFTON visited NVIDIA's headquarters in California last April to explore new generation technology collaboration directions, including robotics, with Huang. After concluding the meeting with KRAFTON executives, Huang moved to another nearby internet cafe to meet with Kim Taek-jin and other NCSOFT executives. Huang also engaged in a live-streamed discussion with Kim, exchanging views on the development direction of the gaming industry and AI technology.

Jensen Huang Meets Representatives of Two Major Korean Game Companies to Discuss AI Collaboration in Gaming

On June 7, the whale known as 'Set 10 Major Targets' revealed a fourfold long position in Bitcoin. Screenshots show that its opening price was $60,153.8, with a holding of 2,835.32 BTC, valued at $170 million. Market information indicates that as BTC rebounds and breaks through $62,000, analyst Ai Yi estimates that if the position remains open, the long position has now gained $5.881 million.

[Whale Sets 10 Major Targets, $170 Million Long Position May Have Gained Over $5.88 Million]On June 7, the whale known as 'Set 10 Major Targets' revealed a fourfold long position in Bitcoin. Screenshots show that its opening price was $60,153.8, with a holding of 2,835.32 BTC, valued at $170 million. Market information indicates that as BTC rebounds and breaks through $62,000, analyst Ai Yi estimates that if the position remains open, the long position has now gained $5.881 million.

Whale Sets 10 Major Targets, $170 Million Long Position May Have Gained Over $5.88 Million

On June 7, the world's first prefabricated computing center base was officially put into operation in Qingdao, Shandong. Compared to traditional computing centers, it saves nearly 70% on construction time, providing a more efficient and lower-carbon approach to current computing infrastructure development. The computing center base serves as the energy hub and power fortress of the computing center, often referred to as the 'heart' of the center, supplying continuous and stable power. The stability of the base's power supply and its energy efficiency directly impact the overall operational capability of the computing center. (CCTV)

[Global First Prefabricated Computing Center Base Officially Launched]On June 7, the world's first prefabricated computing center base was officially put into operation in Qingdao, Shandong. Compared to traditional computing centers, it saves nearly 70% on construction time, providing a more efficient and lower-carbon approach to current computing infrastructure development. The computing center base serves as the energy hub and power fortress of the computing center, often referred to as the 'heart' of the center, supplying continuous and stable power. The stability of the base's power supply and its energy efficiency directly impact the overall operational capability of the computing center. (CCTV)

Global First Prefabricated Computing Center Base Officially Launched

On June 7, according to HTX market data, ZEC has risen above $400, reaching $414.6, with the current price at $403, marking a 24-hour increase of 9.4%. Previously, ZEC had dropped to $250 following the disclosure of an infinite minting vulnerability, but it has since rebounded approximately 60% from that low point. Zcash plans to launch the Ironwood upgrade at the end of July, which will introduce a new privacy pool and enhance the verifiability of total supply.

[ZEC Surges Above $400, 24-Hour Increase Expands to 9.4%]On June 7, according to HTX market data, ZEC has risen above $400, reaching $414.6, with the current price at $403, marking a 24-hour increase of 9.4%. Previously, ZEC had dropped to $250 following the disclosure of an infinite minting vulnerability, but it has since rebounded approximately 60% from that low point. Zcash plans to launch the Ironwood upgrade at the end of July, which will introduce a new privacy pool and enhance the verifiability of total supply.

ZEC Surges Above $400, 24-Hour Increase Expands to 9.4%

On June 7, trader 3X Long Labubu indicated a bearish outlook for the short-term trend of the Korean stock market but is preparing to buy at the bottom, adopting a 'sell first, buy later' deleveraging trading logic. The trader predicts that the KOSPI index is likely to drop significantly on Monday, with a key focus on the 7050 level. Unless NVIDIA CEO Jensen Huang provides a clear positive catalyst before the Korean market opens, the KOSPI is expected to 'drop like there's no tomorrow.' Currently, the leverage in the Korean market is extremely high, with retail investors often using 5x leverage, making it easy for panic to trigger a daily drop of 15-20%, potentially even leading to a circuit breaker. From the KOSPI futures and the EWY (Korean ETF) listed in the U.S. stock market, it appears that a significant portion of the anticipated plunge has already been priced in. The trader also noted that the signal for bottom buying after a crash occurs when both U.S. and Korean stocks hit their lows simultaneously. They plan to buy Nasdaq futures and the Korean 3x leveraged ETF during the night session. Additionally, one should not enter the market immediately when it reaches key levels (such as the 21-day moving average); instead, it is advisable to wait for a key candlestick to find support and confirm a rebound with the next candlestick, making the buying decision more robust.

[Analysis: Korean Stocks to Experience 'Sell First, Buy Later' on Monday, Clearing Leverage Creates Buying Opportunity]On June 7, trader 3X Long Labubu indicated a bearish outlook for the short-term trend of the Korean stock market but is preparing to buy at the bottom, adopting a 'sell first, buy later' deleveraging trading logic. The trader predicts that the KOSPI index is likely to drop significantly on Monday, with a key focus on the 7050 level. Unless NVIDIA CEO Jensen Huang provides a clear positive catalyst before the Korean market opens, the KOSPI is expected to 'drop like there's no tomorrow.' Currently, the leverage in the Korean market is extremely high, with retail investors often using 5x leverage, making it easy for panic to trigger a daily drop of 15-20%, potentially even leading to a circuit breaker. From the KOSPI futures and the EWY (Korean ETF) listed in the U.S. stock market, it appears that a significant portion of the anticipated plunge has already been priced in. The trader also noted that the signal for bottom buying after a crash occurs when both U.S. and Korean stocks hit their lows simultaneously. They plan to buy Nasdaq futures and the Korean 3x leveraged ETF during the night session. Additionally, one should not enter the market immediately when it reaches key levels (such as the 21-day moving average); instead, it is advisable to wait for a key candlestick to find support and confirm a rebound with the next candlestick, making the buying decision more robust.

Analysis: Korean Stocks to Experience 'Sell First, Buy Later' on Monday, Clearing Leverage Creates Buying Opportunity

On June 7, Shay Boloor, Chief Market Strategist at Futurum Equities, stated in a recent analysis that next week's SpaceX IPO will be "one of the most significant public market events in a trader's lifetime." SpaceX is not just a rocket company; it should be defined as a super infrastructure platform that encompasses three trillion-dollar themes: space launch, communications, and AI. SpaceX is expected to go public on June 12 under the ticker SPCX, with a target valuation of $1.8 trillion and a maximum fundraising of $75 billion, making it one of the largest IPOs in history. Shay Boloor remarked, "If you want to hold the category leader in the space sector for the next decade, this is SpaceX. Although the current valuation based on an annualized revenue of about $20 billion is exorbitant, the forward-looking logic is very strong: Starlink is the primary valuation pillar, with projected revenue of $11.4 billion in 2025, a 50% year-on-year increase, operating profit of $4 billion, and 10.3 million subscribers doubling year-on-year, covering residential, aviation, maritime, and direct mobile scenarios, making it a clear high-profit compounding revenue engine. Starship is the strategic ace, with reusability significantly reducing costs and opening new markets. SpaceX also disclosed three major business structures in its S-1 filing: the space/launch segment is expected to generate $4.1 billion in revenue in 2025, completing 170 launches throughout the year, accounting for a large portion of global orbital payload capacity; the AI/xAI segment is projected to generate $3.2 billion in revenue in 2025 but will incur an operating loss of $6.4 billion, which is the biggest point of contention—however, 75% of Q1 capital expenditures were directed towards AI (approximately $7.5 billion), and Anthropic secured a $45 billion contract, almost single-handedly transforming xAI from a cash-burning machine into an AI infrastructure business with real contractual demand. Shay concluded that while SpaceX's short-term valuation is very aggressive, the long-term bull market logic is strong, making it suitable as a core holding. Currently, the trade.xyz Pre-IPO section shows that SpaceX (SPCX) has reached a trading volume of $12.4 million in the past 24 hours, with a reported holding amount of $59.11 million, a 39% increase in 24 hours. The price is currently reported at $172.83, corresponding to an implied valuation of $2.05 trillion. The initial trading price for SPCX was $150, based on a fully diluted reference share capital of 11.87 billion shares, resulting in an initial reference market value of $1.78 trillion.

[Rare IPO: SpaceX to Go Public with Space Launch, Communications, and AI Themes]On June 7, Shay Boloor, Chief Market Strategist at Futurum Equities, stated in a recent analysis that next week's SpaceX IPO will be "one of the most significant public market events in a trader's lifetime." SpaceX is not just a rocket company; it should be defined as a super infrastructure platform that encompasses three trillion-dollar themes: space launch, communications, and AI. SpaceX is expected to go public on June 12 under the ticker SPCX, with a target valuation of $1.8 trillion and a maximum fundraising of $75 billion, making it one of the largest IPOs in history. Shay Boloor remarked, "If you want to hold the category leader in the space sector for the next decade, this is SpaceX. Although the current valuation based on an annualized revenue of about $20 billion is exorbitant, the forward-looking logic is very strong: Starlink is the primary valuation pillar, with projected revenue of $11.4 billion in 2025, a 50% year-on-year increase, operating profit of $4 billion, and 10.3 million subscribers doubling year-on-year, covering residential, aviation, maritime, and direct mobile scenarios, making it a clear high-profit compounding revenue engine. Starship is the strategic ace, with reusability significantly reducing costs and opening new markets. SpaceX also disclosed three major business structures in its S-1 filing: the space/launch segment is expected to generate $4.1 billion in revenue in 2025, completing 170 launches throughout the year, accounting for a large portion of global orbital payload capacity; the AI/xAI segment is projected to generate $3.2 billion in revenue in 2025 but will incur an operating loss of $6.4 billion, which is the biggest point of contention—however, 75% of Q1 capital expenditures were directed towards AI (approximately $7.5 billion), and Anthropic secured a $45 billion contract, almost single-handedly transforming xAI from a cash-burning machine into an AI infrastructure business with real contractual demand. Shay concluded that while SpaceX's short-term valuation is very aggressive, the long-term bull market logic is strong, making it suitable as a core holding. Currently, the trade.xyz Pre-IPO section shows that SpaceX (SPCX) has reached a trading volume of $12.4 million in the past 24 hours, with a reported holding amount of $59.11 million, a 39% increase in 24 hours. The price is currently reported at $172.83, corresponding to an implied valuation of $2.05 trillion. The initial trading price for SPCX was $150, based on a fully diluted reference share capital of 11.87 billion shares, resulting in an initial reference market value of $1.78 trillion.

Rare IPO: SpaceX to Go Public with Space Launch, Communications, and AI Themes

On June 3, according to @Lookonchain, as the cryptocurrency market continues to decline, Bitmine's ETH reserve has recorded an unrealized loss exceeding that of Strategy's BTC reserve. Bitmine Immersion Technologies, supported by Tom Lee, currently holds 5,416,901 ETH, with a current market value of approximately $10.03 billion, resulting in an unrealized loss of about $8.9 billion compared to its purchase cost. Meanwhile, Strategy, led by Michael Saylor, holds 843,706 BTC, with a current market value of approximately $56.26 billion, reflecting an unrealized loss of about $7.6 billion.

[Bitmine Faces $8.9 Billion Unrealized Loss, Exceeding Strategy's Losses]On June 3, according to @Lookonchain, as the cryptocurrency market continues to decline, Bitmine's ETH reserve has recorded an unrealized loss exceeding that of Strategy's BTC reserve. Bitmine Immersion Technologies, supported by Tom Lee, currently holds 5,416,901 ETH, with a current market value of approximately $10.03 billion, resulting in an unrealized loss of about $8.9 billion compared to its purchase cost. Meanwhile, Strategy, led by Michael Saylor, holds 843,706 BTC, with a current market value of approximately $56.26 billion, reflecting an unrealized loss of about $7.6 billion.

Bitmine Faces $8.9 Billion Unrealized Loss, Exceeding Strategy's Losses

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Bulls Approach the Ceiling

Article

Bitwise CEO: A New Cycle Has Begun, the Crypto Market is Experiencing 'Renewal' This Year

Analysts Question SpaceX's $1.75 Trillion Valuation: Revenue Needs to Grow Nearly 60 Times in the Next Decade

Bitmine Faces $8.9 Billion Unrealized Loss, Exceeding Strategy's Losses

Disclaimer：The content above does not represent HTX's positions.，HTX does not provide any trading recommendations.。

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