Two oil tankers heading toward Africa have made U-turns in the Indian Ocean this week, switching their destinations to the Middle East. In a sign shipowners are repositioning vessels, according to Bloomberg, the moves come ahead of the possible reopening of the Strait of Hormuz.

Iron ore fell below $100 a ton for the first time since March on signs of abundant seaborne supplies as demand in China faces headwinds, according to Bloomberg.

European Central Bank officials signaled a US-Iran peace accord would not necessarily stop them from raising interest rates further. According to Bloomberg, policymakers said such an agreement could prevent a more pronounced overshoot in inflation.

Binance Announcement reported that Binance Wallet has extended its zero trading service fee and zero on-chain gas fee promotion for ONDO tokenized securities by one month, pushing the end date from June 18 to July 18, 2026 at 12:00 UTC. The promotion covers eligible transactions involving ONDO tokenized U.S. stock securities conducted through Binance Wallet's Keyless Wallet, exempting users from both service fees and network gas costs for qualifying on-chain transactions. With the extension, the fee waiver has also been broadened to new platforms: users trading ONDO tokenized securities via Binance Wallet (Web) will now enjoy both zero service fees and zero on-chain gas fees, while users on the Binance Wallet Extension will benefit from zero service fees. All other promotion rules, eligibility requirements, and supported assets remain unchanged from the original announcement. The promotion is subject to jurisdictional restrictions and is not available in markets where tokenized securities trading is prohibited.

ByteDance is reallocating its AI resources away from consumer-facing products such as Doubao and toward enterprise services, amid high operating costs and challenges monetizing consumer AI offerings, LatePost reported. According to ChainCatcher, Doubao has more than 200 million daily active users, but its inference and multimodal computing costs run into tens of millions of yuan per day, while daily revenue from monetization channels such as e-commerce is under 1 million yuan. The report said ByteDance’s video-generation model Seedance is showing stronger profitability. Seedance 2.0, built on a 200-billion-parameter mixture-of-experts architecture with relatively lower reliance on inference compute, is reported to have a 70% gross margin. Most of its revenue comes from enterprise customers, and its annual recurring revenue has reached $2 billion. People familiar with the matter said ByteDance expanded its large-model data review team to more than 3,000 people this year, mainly to clean training data for coding models. The report added that Volcano Engine’s model-as-a-service business has been elevated in priority, with top management setting a goal to increase revenue tenfold and accelerate overseas expansion. It also said ByteDance executives recently visited Anthropic, whose enterprise AI coding services have driven significant revenue and valuation growth, providing a reference point for ByteDance’s strategic shift.

ByteDance’s Seed division has issued an internal notice adjusting the price of its “Doubao shares” to $14.85, up 13.5% from $13.08 first disclosed in April. According to ChainCatcher, the “Doubao shares” are a dedicated virtual equity instrument tied to ByteDance Seed and related upstream and downstream businesses, with buyback windows typically opened about twice a year. As a comparison, ByteDance’s regular option price was adjusted from $229.5 to $235.5 between April and June, a rise of about 2.63%, indicating faster valuation growth for the Doubao-linked instrument over the same period. The report said that as the Doubao large model continues to grow in user scale and commercial revenue, the pricing cadence for this option may shift away from the previous fixed “semiannual adjustment” pattern toward more flexible and more frequent repricing.

Foxconn and French AI company Bull are reportedly working together to build an Nvidia Vera Rubin NVL72 platform in Europe. According to Jin10, the development was described as a market report, without further details on timing, investment size, or deployment scope.

Hong Kong stocks swung lower as investors waited for the Federal Reserve’s policy decision. In the U.S., stocks were mixed overnight and U.S. index futures rose across the board this morning, according to Ming Pao, while Asian markets traded mixed. The Hang Seng Index and the Hang Seng Tech Index fell to their lowest levels in about a week. The Hang Seng China Enterprises Index dipped to an intraday low of 8,127.84, its lowest since 8,059.49 on May 2, 2025.

China announced new money-market measures aimed at broadening the use of its currency among foreign central banks and sovereign wealth funds. According to Bloomberg, the steps are intended to expand access and usage of the yuan in money-market activities by such overseas institutions.

The world is waiting for the information that Kevin Walsh’s debut will release, information that will eventually pass through the dollar index, US Treasury yields and global stock markets, and land on the balance sheets of ordinary people.

Warsh's first FOMC meeting stance is unclear and may impact interest rate expectations; Washington's direct ban on AI models and the "weaponization" of regulation are changing the valuation logic of tech stocks; SpaceX's largest IPO in history, coupled with the listing of Anthropic and others, raises questions about whether the market can absorb the massive supply.

As institutional investors enter the on-chain lending market, DeFi is shifting from a single shared liquidity pool architecture to a structure with isolated risks and specialized operational layers.

From tokenized stocks and options to perpetual contracts, AI investment advisors, travel portals, and agent trading interfaces and enterprise compliance infrastructure, the range is constantly evolving.

Bitcoin's latest rebound may have less to do with crypto fundamentals and more to do with geopolitics.

Is Nvidia's entry into the PC processor market a passive solution to the slowdown in its AI data center business, or a strategic move to proactively seize the next big opportunity in edge AI?

Binance could be forced out of the EU after reports said Greece is set to reject its MiCA licence application ahead of the 1 July deadline.

This article analyzes the true face of the US economy in 2026 from seven dimensions: SpaceX's historic IPO, the AI ​​bubble, the divergence in the job market, the slowdown in GDP growth, sticky inflation, the new leadership of the Federal Reserve, and the trend of gold prices.

This analysis examines the HyperEVM ecosystem's progress, the HIP-3 trading market, highly competitive funding rates, and the latest developments in stablecoins.

According to the final draft of the memorandum of understanding obtained by Bloomberg News, the United States will immediately allow Iranian oil exports after the agreement is signed, unfreeze its frozen overseas assets, and work with regional partners to raise at least $300 billion for Iran's reconstruction and development.