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According to Bloomberg, Ant Group's overseas business subsidiary Ant International is considering raising approximately $1 billion to accelerate business growth, with a valuation expected to reach $10 billion or higher. Sources reveal that potential investors include existing shareholders General Atlantic and Silver Lake, and relevant communications are still ongoing, with no final decision made yet.If the financing is successfully completed, it will help Ant International prepare for a potential listing in Hong Kong as early as this year. If the listing plan goes ahead, it will restart Ant Group's IPO process, which was halted by regulators in 2020, making it the largest IPO globally. After undergoing a compliance restructuring, Ant International established an independent board in 2024. Due to R&D investments and regulatory factors, the overall valuation of the parent company Ant Group has shrunk to approximately $79 billion in 2023.Ant International achieved revenue of $3 billion in 2024 and recorded about 25% growth in 2025. As of April 2026, its services have covered over 220 markets worldwide, supporting more than 300 payment methods. Its core business consists of four major segments, including the cross-border payment network Alipay+, merchant acquiring service Antom, cross-border trade payment platform WorldFirst, and AI digital lending and foreign exchange fund management service Bettr.In March 2026, Ant Group received approval from Chinese regulators to acquire the Hong Kong-listed brokerage Bright Smart Securities & Commodities Group Ltd. to expand its online securities business outside mainland China. Ant Group is also continuously investing in emerging technologies to explore new revenue sources, with investment directions covering large language models, humanoid robots, and a healthcare application with 140 million users.

The Hong Kong Securities and Futures Commission further interpreted the circular issued on May 22. The frequently asked questions (Question 9) in the circular mentioned that licensed companies in Hong Kong can continue to open new accounts for investors from mainland China (i.e., investors using Chinese resident identity cards and/or Chinese passports as identification documents), but must comply with all account opening regulations.The Hong Kong Securities and Futures Commission stated that licensed companies in Hong Kong can continue to provide services to existing clients from mainland China, provided that such services are not offered within mainland China and that they have complied with all relevant laws and regulatory requirements of Hong Kong and applicable jurisdictions. The Hong Kong Securities and Futures Commission also noted that it is aware of the notice jointly issued by the mainland authorities on May 22, 2026, and that the relevant requirements also apply to financial institutions in other jurisdictions (not limited to Hong Kong) when providing services to investors from mainland China.

Informed sources revealed that SK Hynix plans to go public in the United States as early as August. The U.S. Securities and Exchange Commission (SEC) is likely to approve SK Hynix's application for American Depositary Receipts (ADR) listing during the week of June 22.SK Hynix stated in a statement: "SK Hynix plans to issue American Depositary Receipts (ADR) within 2026, but specific details including scale and timing have yet to be determined." SK Hynix announced in March that it had secretly submitted its application for a U.S. listing. At that time, a source said that this issuance could raise up to $14 billion in funding.

According to Fortune, Goldman Sachs and Morgan Stanley are competing for the lead underwriter position for the future IPOs of OpenAI and Anthropic. Previously, Goldman Sachs secured the lead underwriter role for the SpaceX IPO, which is expected to take place on June 12. Both OpenAI and Anthropic's IPOs are expected to raise at least $60 billion, totaling over $120 billion.Jay Ritter, an IPO expert from the University of Florida, stated that the investment bank that secures the lead underwriter position will determine how much IPO stock allocation each fund receives, thus potentially earning far more than other underwriters. Ritter noted that institutional investors often pay a significant amount of "soft dollars" to lead underwriters to secure more IPO allocations, which refers to the portion of trading commissions that exceeds the actual execution costs.If it is still uncertain whether Goldman Sachs or Morgan Stanley will secure the lead underwriter position for OpenAI and Anthropic, funds may simultaneously direct more trading commissions to both investment banks to increase their chances of receiving allocations. For example, in the case of the SpaceX IPO, if the fundraising scale reaches $86 billion, the underwriting fee would be approximately $600 million. However, if the stock price rises by 20% on the first day, the paper gains for IPO investors would exceed $17 billion, and Ritter estimates that at least 30% of that could flow back to the investment bank in the form of soft dollars, about $5 billion, far exceeding the underwriting fee itself.If both OpenAI and Anthropic see a 20% increase on their first day of trading, the paper gains for investors would reach $24 billion. Based on the same ratio, investment banks could potentially receive over $7 billion in soft dollars, most of which would flow to the lead underwriter. Currently, both OpenAI and Anthropic have secretly submitted draft registration statements, but the listing dates have not yet been determined.

According to official social media news, Huobi HTX will hold an online debate today at 20:00 (UTC+8) themed "U.S. stocks hitting new highs, yet BTC falls below 60,000: Behind the divergence, is it a narrative switch or capital abandonment?" At that time, Shiziyang, Jiao Yi Yuan 527, Shier, and Dr. Dinosaur will represent the affirmative side in dialogue with the negative side representatives Qibo Qian, Block Research, Panda, and Fang Wai Zhi Yu. Both sides will delve into the phenomenon of divergence between the current U.S. stock market and the cryptocurrency market, exploring popular topics such as market capital flow, the evolution of macro narratives, and future opportunities for Bitcoin, providing investors with a multi-dimensional market observation perspective.

The SpaceX IPO is nearing 4 times oversubscription, with some analysts believing that this may be squeezing liquidity out of the market and putting pressure on tech stocks and the crypto market. The SpaceX IPO has attracted over $250 billion in investor demand, far exceeding its planned fundraising of $75 billion. This IPO corresponds to a company valuation of approximately $1.8 trillion, and if completed, it will become the largest public offering in history. Pricing is expected to take place on Thursday, although demand data may change before then.Andri Fauzan Adziima, the research director at Bitrue Research Institute, stated that the current decline in crypto and tech stocks is not random volatility, but rather the "IPO tax" brought about by SpaceX's record IPO. He believes that as the SpaceX IPO pricing approaches, liquidity in risk assets is being withdrawn, with the crypto market being the most affected due to its greater reliance on retail investors and its correlation with growth stocks and tech narratives. This is not the beginning of a broader bear market, but rather a "temporary rotation."Additionally, cryptocurrency exchanges such as Binance, Coinbase, Kraken, and Bybit have launched perpetual futures for SPCX ahead of the IPO this month. Binance's related products have accumulated a trading volume of $2.1 billion over 18 days, covering more than 130 countries; the decentralized exchange Hyperliquid has had a trading volume of $70 million in the past 24 hours, with open contracts exceeding $115 million.

Arkham posted on the X platform that three whale addresses (two of which are new addresses) have just withdrawn a total of $122 million worth of ETH from FalconX and Kraken. Among them, the address that previously purchased ETH had an unrealized loss of $9.1 million.

Tom Lee, Chairman of BitMine, the largest treasury in Ethereum, stated in an interview with CNBC that the current market is showing signs of tension, mainly due to the reallocation of funds ahead of the SpaceX IPO and the market digesting previous gains. The SpaceX IPO is expected to reach $75 billion and will be included in the Nasdaq 100 index, which means many institutional funds need to raise capital in advance, not only to participate in the IPO but also to reserve cash for establishing sufficient weighted positions in the secondary market after the listing. He believes this means institutions may sell some stocks that have recently risen significantly, putting pressure on chip stocks.Tom Lee believes that storage chip stocks and the semiconductor sector have still held their lows from last Friday, indicating that the relevant charts have not completely broken down. The current pullback is healthy and he does not believe it will disrupt the main trading line of tech stocks. The trading performance on the first day of SpaceX's listing is very important. If SpaceX performs poorly, it will provide evidence for those who believe the market has peaked. However, he stated that since many people already think the SpaceX IPO marks a peak, from a contrarian perspective, this may not be the peak.Tom Lee still believes that tech stocks will continue to lead the market upward and stated that the current pullback will be bought. He expects the market to still show a "three-phase" trend this year, with a strong upward trend continuing in the foreseeable future, but a pullback may occur later this year, potentially around the time the IPO lock-up period expires and related supply pressures arise. The subsequent second phase market pullback may be driven by three factors: the market's testing of the policy path of the new Federal Reserve Chairman Kevin Warsh, stock supply from the expiration of large IPO lock-up periods, and potential energy shortage pressures that may arise later this year.

With the resurgence of variables in the Middle East situation and the support of strong U.S. inventory data, crude oil has shown a stabilization trend after experiencing violent fluctuations. According to market data from the Gate platform, Brent crude oil (BZ) is currently priced at $91.31, down 1.28% in 24 hours; WTI crude oil (CL) is currently priced at $88.05, down 1.64% in 24 hours. According to CoinGlass data, trading of crude oil-related contracts on the Gate platform remains active. Among them, the Gate BZUSDT contract has a 24-hour trading volume of $8.377 million, consistently ranking among the top two in the industry; the CLUSDT contract has a 24-hour trading volume of $13.3168 million, with an open interest of approximately $8.2264 million, both ranking prominently in the industry.

According to CoinDesk, Bitcoin and gold fell simultaneously as the market bets on rising interest rates pressuring non-yielding assets. Bitcoin dropped about 7% this week, while gold fell below $4,200 per ounce.The rebound was mainly driven by short covering, with over $500 million in bearish bets liquidated in the past week, while spot demand has not yet returned significantly. Traders are focusing on Wednesday's U.S. inflation data and the policy stance of the new Federal Reserve Chairman Kevin Warsh. If inflation remains high, it could prompt interest rates to stay elevated, further pressuring risk assets. The rare simultaneous decline of Bitcoin and gold undermines their rationale as macro hedging tools.

According to Cointelegraph, Anthropic has released the first public version of the Claude Mythos model, Fable 5. Despite built-in safety barriers, cryptocurrency users are concerned that it may be used for malicious purposes. The model had previously been found to have over 10,000 high-risk vulnerabilities in "systemically important software." Anthropic stated that Fable 5 is now secure for general use, and the barriers will redirect topics like cybersecurity to other models.Simon Dedic, founder of Moonrock Capital, warned that the cost and skill requirements for using Fable 5 to find smart contract vulnerabilities will "drop to virtually zero," making unaudited protocols targets, and known vulnerabilities will be continuously exploited. He advised users to revoke wallet authorizations, move assets out of protocols, and transfer to new hardware wallets.Michael Egorov, co-founder of Curve, believes the threat is exaggerated, as the amount of smart contract code is only a few thousand lines. Humans and conventional AI can already reason sufficiently, and the real risks lie in operational security and supply chain attacks.

According to Coinglass data, the cryptocurrency Fear and Greed Index is currently at 10, up 1 point from yesterday. The average over the past 7 days is 10, and the average over the past 30 days is 24.

Renowned trader Killa (@KillaXBT) updated his market outlook, stating that if Bitcoin holds the quarterly low of $60,037, it may rebound to the quarterly opening price of $68,185; if it fails to hold, it points to the CME gap at $54,111.Additionally, the next potential support below is the July 2024 low of $49,302. Killa, a quantitative trader focused on BTC, predicted the peak of this bull market in May 2025 and has over 180,000 followers on the X platform. In mid-April, he shorted Bitcoin at $74,688.

According to Coinglass data, if ETH breaks through $1,710, the cumulative short liquidation intensity on mainstream CEX will reach $955 million. Conversely, if ETH falls below $1,550, the cumulative long liquidation intensity on mainstream CEX will reach $493 million.

According to Coinglass data, if BTC breaks through $64,590, the cumulative short liquidation intensity on mainstream CEX will reach $1.8 billion. Conversely, if BTC falls below $58,518, the cumulative long liquidation intensity on mainstream CEX will reach $1.199 billion.

According to the 10x Research report, Bitmine raised $19.2 billion through 50 equity issuances from July 2025 to June 2026, all used to purchase approximately 5.54 million ETH (accounting for 4.6% of the circulating supply), with a weighted average purchase price of about $3,526.Currently, the ETH price is around $1,650, and its ETH treasury value is only $9.1 billion, with the company's overall loss reaching $10.1 billion, a drawdown of 52%. Among these, investors repeatedly paid a premium relative to the underlying ETH net asset value when purchasing shares, having cumulatively overpaid $4.6 billion before the ETH price drop. Both types of losses (price drop loss + premium loss) have occurred simultaneously.Although Bitmine has suffered heavy losses and ETH is unlikely to recover in the short term, the report points out that when the stock drops deep enough, the underlying asset becomes almost irrelevant; what investors are actually buying is purely an option—namely, a free call option on ETH's future rebound, which has not yet been fully priced by the market.

According to monitoring by @ai_9684xtpa, Sun Yuchen withdrew 12,000 ETH from Poloniex 20 minutes ago, worth approximately 19.5 million USD. This is the first time in a while that Sun Yuchen has withdrawn ETH in the same manner; after the last withdrawal, he staked it into Lido, and has not transferred it after this withdrawal.

According to token unlocking data from the crypto asset data platform RootData, Caldera (ERA) will unlock approximately 18.08 million tokens at 15:00 Beijing time on June 17, with a value of about 1.73 million USD.

According to token unlock data from the Crypto asset data platform RootData, Aster (ASTER) will unlock approximately 16.467 million tokens at 0:00 on June 17, Beijing time, worth about 101 million USD.