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On June 19, Musk responded on the X platform to discussions regarding the timeline for when 'China's large models will reach Anthropic's Fable level,' stating, 'It could be in Q1 (2027).' Subsequently, Tang Jie, founder of Zhiyu AI, replied to Musk, saying, 'It won't take that long.' Musk responded, 'In terms of benchmark testing, yes; but if measured by true practicality, even by the first quarter, it would be very impressive.' Musk also noted that Anthropic is rightly focused on maximizing practical intelligence, which may not be reflected in benchmark tests but will definitely be evident in revenue.

[Musk Responds to Tang Jie: Impressive if China's Large Models Reach Fable Level by Q1 Next Year]On June 19, Musk responded on the X platform to discussions regarding the timeline for when 'China's large models will reach Anthropic's Fable level,' stating, 'It could be in Q1 (2027).' Subsequently, Tang Jie, founder of Zhiyu AI, replied to Musk, saying, 'It won't take that long.' Musk responded, 'In terms of benchmark testing, yes; but if measured by true practicality, even by the first quarter, it would be very impressive.' Musk also noted that Anthropic is rightly focused on maximizing practical intelligence, which may not be reflected in benchmark tests but will definitely be evident in revenue.

Musk Responds to Tang Jie: Impressive if China's Large Models Reach Fable Level by Q1 Next Year

On June 19, the USD/JPY pair declined again in the short term, falling below 161, with an intraday drop of 0.22%. (Jin10)

[USD/JPY Falls 0.22% Intraday, Drops Below 161]On June 19, the USD/JPY pair declined again in the short term, falling below 161, with an intraday drop of 0.22%. (Jin10)

USD/JPY Falls 0.22% Intraday, Drops Below 161

On June 19, the 'Duanwu Festival' coincides with 'June Festival', resulting in a simultaneous market closure in China and the U.S. The A-shares, Hong Kong stocks, Taiwan stocks, and U.S. stocks will all be closed for the day. Domestic futures exchanges in China will not conduct any trading throughout the day. Trading for precious metals, energy, foreign exchange, stock index, and U.S. Treasury futures contracts on the Chicago Mercantile Exchange (CME) will conclude early at 01:00 Beijing time on the 20th. Trading for Brent crude oil futures contracts on the Intercontinental Exchange (ICE) will also end early at 01:30 Beijing time on the 20th. (Jin Shi)

[Chinese and U.S. Stock Markets Closed Today, Trading in Gold, Silver, and Oil Ends Early]On June 19, the 'Duanwu Festival' coincides with 'June Festival', resulting in a simultaneous market closure in China and the U.S. The A-shares, Hong Kong stocks, Taiwan stocks, and U.S. stocks will all be closed for the day. Domestic futures exchanges in China will not conduct any trading throughout the day. Trading for precious metals, energy, foreign exchange, stock index, and U.S. Treasury futures contracts on the Chicago Mercantile Exchange (CME) will conclude early at 01:00 Beijing time on the 20th. Trading for Brent crude oil futures contracts on the Intercontinental Exchange (ICE) will also end early at 01:30 Beijing time on the 20th. (Jin Shi)

Chinese and U.S. Stock Markets Closed Today, Trading in Gold, Silver, and Oil Ends Early

On June 19, CNN reported that a White House spokesperson stated, "As the Vice President mentioned at the press conference, the plans for the upcoming technical talks have not been finalized. The U.S. delegation is ready to depart at a moment's notice. However, the logistical arrangements for these negotiations are never simple or predictable. The Vice President will not be departing tonight. We will provide timely updates once we have specific information about the next steps." (Jinshi)

[White House: Pence Cancels Switzerland Trip, Future Schedule Undetermined]On June 19, CNN reported that a White House spokesperson stated, "As the Vice President mentioned at the press conference, the plans for the upcoming technical talks have not been finalized. The U.S. delegation is ready to depart at a moment's notice. However, the logistical arrangements for these negotiations are never simple or predictable. The Vice President will not be departing tonight. We will provide timely updates once we have specific information about the next steps." (Jinshi)

White House: Pence Cancels Switzerland Trip, Future Schedule Undetermined

On June 19, Strive CEO Matt Cole stated that today is one of the most challenging days in the history of digital credit. STRC dropped to a low of $82.50 before rebounding significantly, while SATA fell from near par to just over $90 before recovering, leading many investors to experience a tough trading day. Matt Cole indicated that today's events were due to a leverage liquidation rather than a deterioration in underlying credit quality. He pointed out that when investors identify certain assets with high yields, relatively low volatility, and strong underlying credit characteristics, they often increase returns through borrowing and leverage. However, once the market moves in the opposite direction, forced selling can trigger a cycle of price declines, margin calls, and further selling, detaching the sell-off from fundamentals and driven by balance sheet constraints. He emphasized that the issuer's credit quality remains robust. Strive's dividend reserves are intact, the company is not under pressure, and it retains the ability to meet obligations and continue executing its strategy. He also noted that both STRC and SATA saw significant buying near their intraday lows and quickly recovered, indicating real demand in the lower price range. Matt Cole stated that liquidation events are not the same as credit events. Today's price fluctuations have not changed his confidence in the long-term opportunities in digital credit; rather, they have reinforced his view that the sector is building a new category of financial instruments and will experience similar growing pains before maturing into a large fixed income market.

[Strive CEO: STRC and SATA's Significant Fluctuations Today Due to Leverage Liquidation, Not Underlying Credit Deterioration]On June 19, Strive CEO Matt Cole stated that today is one of the most challenging days in the history of digital credit. STRC dropped to a low of $82.50 before rebounding significantly, while SATA fell from near par to just over $90 before recovering, leading many investors to experience a tough trading day. Matt Cole indicated that today's events were due to a leverage liquidation rather than a deterioration in underlying credit quality. He pointed out that when investors identify certain assets with high yields, relatively low volatility, and strong underlying credit characteristics, they often increase returns through borrowing and leverage. However, once the market moves in the opposite direction, forced selling can trigger a cycle of price declines, margin calls, and further selling, detaching the sell-off from fundamentals and driven by balance sheet constraints. He emphasized that the issuer's credit quality remains robust. Strive's dividend reserves are intact, the company is not under pressure, and it retains the ability to meet obligations and continue executing its strategy. He also noted that both STRC and SATA saw significant buying near their intraday lows and quickly recovered, indicating real demand in the lower price range. Matt Cole stated that liquidation events are not the same as credit events. Today's price fluctuations have not changed his confidence in the long-term opportunities in digital credit; rather, they have reinforced his view that the sector is building a new category of financial instruments and will experience similar growing pains before maturing into a large fixed income market.

Strive CEO: STRC and SATA's Significant Fluctuations Today Due to Leverage Liquidation, Not Underlying Credit Deterioration

HTX data monitoring shows that SOL has broken through 70 USDT, currently reported at 70.06 USDT, with a 24H decline of 3.35%.

【SOL breaks through 70 USDT】HTX data monitoring shows that SOL has broken through 70 USDT, currently reported at 70.06 USDT, with a 24H decline of 3.35%.

SOL breaks through 70 USDT

On June 19, Bank of Japan Deputy Governor Imai Noriyuki stated that Japan's financial environment remains accommodative and that further rate hikes will continue. He emphasized that while considering the pace and timing of rate increases, the impact of the Middle East conflict will also be assessed. (Jin Ten)

[Bank of Japan Deputy Governor Imai Noriyuki: Further Rate Hikes to Continue]On June 19, Bank of Japan Deputy Governor Imai Noriyuki stated that Japan's financial environment remains accommodative and that further rate hikes will continue. He emphasized that while considering the pace and timing of rate increases, the impact of the Middle East conflict will also be assessed. (Jin Ten)

Bank of Japan Deputy Governor Imai Noriyuki: Further Rate Hikes to Continue

On June 19, The Washington Post reported that Anthropic executives have pledged to work more closely with the White House in a proposal submitted to U.S. Secretary of Commerce Gina Raimondo, aiming to address safety concerns that have led to restrictions on their powerful 'Mythos' and 'Fable' models. Sources revealed on Thursday that in ongoing remediation negotiations, Anthropic has committed to improving communication with the Trump administration and to resolving any safety issues more swiftly in the future. The source added that negotiations between Anthropic and Trump administration officials are progressing well, although there is currently no specific timeline for a complete resolution. Another insider noted that as of Thursday, Anthropic co-founder and Chief Computing Officer Tom Brown, along with Public Policy Director Sarah Huck, are leading the negotiations with Trump administration officials. Representatives from Anthropic and the Department of Commerce did not respond to requests for comment.

[Anthropic Commits to Closer Collaboration with White House to Address Model Safety Concerns]On June 19, The Washington Post reported that Anthropic executives have pledged to work more closely with the White House in a proposal submitted to U.S. Secretary of Commerce Gina Raimondo, aiming to address safety concerns that have led to restrictions on their powerful 'Mythos' and 'Fable' models. Sources revealed on Thursday that in ongoing remediation negotiations, Anthropic has committed to improving communication with the Trump administration and to resolving any safety issues more swiftly in the future. The source added that negotiations between Anthropic and Trump administration officials are progressing well, although there is currently no specific timeline for a complete resolution. Another insider noted that as of Thursday, Anthropic co-founder and Chief Computing Officer Tom Brown, along with Public Policy Director Sarah Huck, are leading the negotiations with Trump administration officials. Representatives from Anthropic and the Department of Commerce did not respond to requests for comment.

Anthropic Commits to Closer Collaboration with White House to Address Model Safety Concerns

On June 19, S&P assigned a credit rating of 'BBB' to SpaceX (SPCX.O). S&P believes that SpaceX's launch and connectivity business is performing well, but this is offset by significant capital demands and uncertainties in its artificial intelligence business. S&P noted, 'This rating does not include SpaceX's long-term plans regarding lunar landings, missions to Mars, constructing data centers in space, and building a large chip factory in Texas, as these plans are largely not quantifiable and thus fall outside our rating scope. However, we acknowledge that if these plans progress, there may be a need for long-term financing in the future.' S&P also provided a stable outlook, expecting that despite SpaceX's extensive investment plans, its adjusted leverage will remain below 2.0 times.

[S&P Assigns 'BBB' Credit Rating to SpaceX with Stable Outlook]On June 19, S&P assigned a credit rating of 'BBB' to SpaceX (SPCX.O). S&P believes that SpaceX's launch and connectivity business is performing well, but this is offset by significant capital demands and uncertainties in its artificial intelligence business. S&P noted, 'This rating does not include SpaceX's long-term plans regarding lunar landings, missions to Mars, constructing data centers in space, and building a large chip factory in Texas, as these plans are largely not quantifiable and thus fall outside our rating scope. However, we acknowledge that if these plans progress, there may be a need for long-term financing in the future.' S&P also provided a stable outlook, expecting that despite SpaceX's extensive investment plans, its adjusted leverage will remain below 2.0 times.

S&P Assigns 'BBB' Credit Rating to SpaceX with Stable Outlook

[Deflation Progressing Steadily: 38,379.94 DMD Permanently Burned by Smart Contract Last Week]

Deflation Progressing Steadily: 38,379.94 DMD Permanently Burned by Smart Contract Last Week

Sequoia Dialogue with Jensen Huang: Computing Model Undergoes a 60-Year Transformation; You Won't Be Replaced by AI, But You Will Be Dimensionality-Reduced by 'Those Who Master AI'

Recent On-Chain Review: No Clear Narrative Under U.S. Stock Market Pressure, Just Hype

The Recursive AI Anthropic Warned About: Tian Yuandong's New Company Has Just Taken the "First Step"

"Agents' Last Exam", Claude Fable 5 Actually Loses to GPT 5.5

NEAR to Airdrop 330,000 Tokens, Betting on TVL Reaching $70 Million

The U.S. SEC Wants to Dismantle a 2005 Rule, What Tokenized Stocks Are Seeing

Bitcoin Puell Multiple Falls To 0.74 As Miner Revenue Slides

Strategy Adds 1,550 Bitcoin As Treasury Holdings Reach 845,256 BTC

Claude to Mandate "Face-Scan ID Verification", No ID No Service Starting July?

A Clod of Chinese Soil Chokes Two Japanese Giants

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LINK falls below 8 USDT

BTC falls below 64000 USDT

Deflation Progressing Steadily: 38,379.94 DMD Permanently Burned by Smart Contract Last Week

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