The Joint Maritime Information Center raised the maritime security threat level in the Strait of Hormuz from “moderate” to “high” on June 27. According to Odaily, the UK Maritime Trade Operations office reposted the Joint Maritime Information Center’s notice announcing the change.

Iran’s Mehr News Agency cited local officials as saying that a U.S. attack did not cause damage to Sirik Port. According to Jin10, the officials said the strike had no impact on the port.

The fragile 60-day ceasefire between the US and Iran has come under its most serious threat yet, just one week after the memorandum of understanding was signed in Geneva. US Central Command announced Friday that American aircraft struck Iranian missile and drone storage sites and coastal radar installations — calling it "a powerful response to yesterday's attack" — after a Singapore-flagged container ship was hit by an Iranian drone in the Strait of Hormuz on Thursday. Iran vowed to respond. What Happened: The Ever Lovely Attack and the US Retaliation On Thursday, the Singapore-flagged container ship Ever Lovely sustained damage from what the US characterized as a one-way Iranian attack drone in the Strait of Hormuz. President Trump said Friday that "I don't like the fact that they took a shot. They shouldn't be doing that." He described Iran as sending "at least four" one-way attack drones at ships in the strait, with one "solidly hitting the upper deck of a large and very expensive" cargo ship. Trump called the drone attack "a foolish violation of our Ceasefire Agreement" in a social media post before CENTCOM announced the retaliatory strikes. American aircraft hit Iranian missile and drone storage sites as well as coastal radar installations — the same categories of target that have been struck in prior escalation cycles throughout the February-June conflict. Iran's Islamic Revolutionary Guard Corps claimed its "naval and air forces successfully repelled the attack." Why This Threatens the Ceasefire More Than Prior Incidents The exchange is different from prior escalation episodes in one critical way: it occurred after the June 19 memorandum of understanding was formally signed, not during the negotiation process. Every prior ceasefire collapse this year — the April breakdown and the June 9 strikes that broke the second truce — happened before a formal agreement was in place. This incident tests whether a signed memorandum creates any additional deterrence, or whether the underlying conflict dynamics that produced those prior collapses are still fully operational. Trump had explicitly stated since the signing that he would resume military action against Iran if it violated the agreement's terms — which provide for freedom of navigation through the Strait of Hormuz and nuclear talks in exchange for sanctions relief. Friday's CENTCOM strikes demonstrate he was willing to follow through. Iran's drone attack equally demonstrates that Tehran is seeking to maintain control of the waterway even under the ceasefire framework, reinforcing its repeated position that ships cannot pass Hormuz without Iranian permission. The two sides also continue to clash over provisions not yet resolved in the 60-day negotiation window — including whether Iran will impose tolls or fees on ships transiting Hormuz. Oman told European officials that vessels may ultimately face charges to use the strait, a development that would fundamentally alter the economics of the Hormuz reopening that oil markets have been pricing in since the deal was announced. The Specific Risk: How Much Will This Slow Hormuz Normalization The most consequential near-term question is how much Friday's military exchange will slow the restoration of shipping traffic through Hormuz to pre-war levels. Ships continued to transit through the narrow corridor earlier Friday despite the drone attack — suggesting commercial operators had not yet fully suspended operations. But the drone attack rattled confidence among shipowners and crews, and a handful of tankers turned around on Thursday after reportedly receiving warnings from the Iranian Navy. CENTCOM stated Friday that it would "continue to provide safe passage coordination and support to commercial vessels transiting the strait" and that the US military "remains present and vigilant to ensure all aspects of the agreement with Iran are adhered to, obeyed, and in full force and effect." The gap between that stated commitment and Iran's demonstrated willingness to strike vessels in the same week is the uncertainty that oil and risk markets must now price. What It Means for Markets, Oil, and Crypto Bitcoin has been burned twice before by collapsed ceasefires — the April breakdown and the June 9 strikes each caused BTC to give back its entire relief rally. Markets have learned from that pattern and had already been cautious about pricing in the June 19 deal fully. The Reuters poll this week showed economists expecting no Fed rate cuts through end of 2027 — a consensus partly built on the assumption that oil-driven inflation would remain elevated longer than initially hoped. Friday's exchange directly threatens the oil price decline that was the primary mechanism through which the Iran deal was supposed to ease inflation and eventually shift Fed policy. Brent crude had fallen from $92 toward $77 following the deal announcement. If Hormuz normalization stalls or reverses, that oil price decline reverses with it — keeping the inflationary pressure that has driven six consecutive weeks of Bitcoin ETF outflows and a hawkish Fed dot plot firmly in place rather than easing as the deal's disinflationary channel was expected to deliver. Washington and Tehran were able to finalize the June 19 memorandum despite trading strikes in the leadup to signing — suggesting the conflict's underlying negotiating dynamic may survive this exchange as well. But the pattern of alternating military action and diplomatic progress that has defined this conflict since February 28 is showing no signs of ending even after a formal agreement has been reached, and each escalation cycle resets the market's confidence in the deal's durability from a lower baseline.

Bitcoin found footing near $60,000 on Friday after the week's sharp selloff, but the biggest gains came from DeFi and the Solana ecosystem. Aave jumped 19% on Kraken acquisition talks and a founder hint at automated token buybacks. SOL climbed nearly 10% as tokenized stock trading volume topped $2.5 billion through the week — ten times higher than a month ago — giving Solana more than 80% share of tokenized equity trading across all blockchains. Why AAVE Jumped 19% in 24 Hours Two catalysts combined to drive Aave's outperformance. CoinDesk reported Thursday that crypto exchange Kraken is exploring a strategic investment — acquiring a 15% stake in the DeFi lending protocol at a $385 million valuation. The news alone would have been significant for any DeFi protocol. What amplified it was the response from Aave founder Stani Kulechov, who pushed back in an X post against suggestions that Aave assets could be sold at a steep discount — reiterating that all protocol revenue, currently running at an annualized $134 million, flows to the Aave DAO and ultimately benefits AAVE token holders under the recently adopted "Aave Will Win" framework. Kulechov also teased "Aavenomics 3.0" — an upcoming overhaul for the token's design that will introduce an automated buyback mechanism. The combination of a named institutional buyer at a specific valuation, a founder defending the protocol's revenue-sharing model, and a concrete upcoming catalyst in the form of token buybacks gave AAVE a rare convergence of fundamental drivers that most DeFi tokens lack in the current environment. Why Solana's Tokenized Stock Momentum Is Accelerating SOL's 10% Friday gain reflects a structural shift in Solana's use case that is becoming increasingly difficult to dismiss as a short-term narrative. Tokenized stock trading volume through the Solana ecosystem topped $2.5 billion this week — ten times higher than a month ago — according to RWA.xyz data, giving the network more than 80% share of tokenized equity trading across all blockchains. That dominance in tokenized equities is building a fundamentally different demand profile for Solana than the memecoin-and-NFT narrative that characterized its 2024-2025 cycle. Tokenized stocks generate sustained, economically motivated trading volume that is less dependent on speculative sentiment cycles than memecoin activity — though the Pump.fun concentration risk identified earlier this week remains a structural caveat for the network's overall revenue diversification. Which Solana Ecosystem Tokens Moved and Why The tokenized stock volume surge lifted several Solana DeFi tokens tied specifically to trading infrastructure. JTO — the native token of Jito, which operates Solana's largest liquid staking protocol and unveiled a new trading platform last month — soared 30%, the strongest gain in the ecosystem. Raydium and Meteora, both Solana-based decentralized exchanges that process tokenized stock trading flows, each gained approximately 7%. Kamino Finance, the Solana lending and liquidity protocol, advanced 9%. The pattern across these gainers is consistent: the tokens that moved most were those most directly connected to the infrastructure layer that processes and finances tokenized stock trading on Solana — staking, exchange liquidity, and lending protocols that benefit from increased on-chain economic activity regardless of the specific asset being traded. What to Watch: Whether the DeFi Momentum Extends Into July Friday's AAVE and SOL outperformance arrived against a backdrop of Bitcoin steadying near $60,000 — not rallying, but not declining further either. The broader crypto market remains under pressure from six consecutive weeks of Bitcoin ETF outflows, a hawkish Fed dot plot, a Reuters poll consensus of no rate cuts through 2027, and a dollar index above 101. Those headwinds have not resolved. What has changed is the emergence of protocol-specific and ecosystem-specific narratives — Kraken's Aave investment, Aavenomics 3.0 buybacks, and Solana's tokenized stock dominance — that are generating genuine fundamental demand independent of macro conditions. The question heading into July is whether these narratives have enough momentum to sustain gains through a macro environment that remains structurally hostile to broad crypto risk appetite, or whether they represent temporary relief rallies within the ongoing bear market that the weekly performance data — Dogecoin down 9.6%, HYPE down 9.9%, Ether down 8.4% — still describ

Wall Street rotated out of semiconductors into the broader equity market this week, the equal-weight S&P 500 hit an all-time high, and not a dollar of it found its way into crypto. Dogecoin fell 9.6%. HYPE lost 9.9%. Bitcoin dropped 5.3% to $60,345 after testing $58,800 on Friday before recovering. The money leaving chip stocks spread across equities. Crypto caught none of it. What the Weekly Numbers Actually Show The damage across major tokens was broad and consistent. Ether dropped 8.4% to approximately $1,581 — its third consecutive week of underperformance relative to Bitcoin. XRP fell 7.8% to $1.06. Dogecoin slid 9.6% to $0.076. HYPE lost 9.9% — the worst weekly performance among majors and a continued reversal from the 143% year-to-date gain that had made it 2026's standout crypto performer. Solana and Tron were the exceptions, holding roughly flat on the week at $72 and $0.32 respectively. Bitcoin's relative steadiness at $60,345 — down 5.3% versus Ether's 8.4% and HYPE's 9.9% — reflects the structural difference between the asset with the deepest long-term holder base and those without comparable accumulation floors. Bitcoin approached $58,000 at its lows late Thursday and early Friday before recovering aggressively in both instances. Why Bitcoin Keeps Bouncing From $58,000 and Why That May Not Be Enough "Bitcoin approached $58K at its lows late Thursday and early Friday, but in both cases, aggressive buying quickly pushed it back into the $60K range," said Alex Kuptsikevich, FxPro chief market analyst. "This pattern resembles margin position liquidations during downtrend spikes, followed by strong buying on pending orders during the recovery." The $58,000-$60,000 zone has now been tested multiple times throughout June without breaking definitively lower — a pattern CF Benchmarks' Gabe Selby described as historically significant, noting the $50,000-$60,000 range is "where buyers have always stepped in" based on every prior Bitcoin bear market. The 200-week moving average sits at approximately $62,457 — a long-term line that has marked extended weak stretches before eventually providing the launchpad for sustained recovery. The caveat Kuptsikevich added is important: "Given deteriorating sentiment among institutional investors and their ability to quickly divest from cryptocurrencies to stabilize their balance sheets, it is worth preparing for continued pressure and periodic sell-off spikes by leveraged traders." Floor-holding and floor-confirmation are two different conditions — and the sixth consecutive week of Bitcoin ETF outflows confirms the floor is being held by on-chain buyers rather than by a return of institutional demand. Why the AI Rotation Is Lifting Everything Except Crypto The equity market dynamic this week was constructive in aggregate — just not for digital assets. Semiconductor shares took another leg lower after a run that still left them on track for their best quarter ever. The money rotating out of chip stocks spread across the broader S&P 500 rather than out of risk altogether. Consumer staples, industrials, and previously ignored S&P 500 members — the companies left behind during the AI concentration trade — absorbed the capital that left semiconductors. The equal-weight S&P 500 hit a record high as a result. The AI optimism is not disappearing. It is evolving. The idea that chip stocks only go up is fading. But the capital rotation is staying firmly within equities. Crypto is not an alternative destination for that capital — it is an entirely different risk category that is competing with Treasury bills yielding 4.5% in a world where the Reuters poll consensus now expects no Fed rate cuts through end of 2027. What to Watch: The Three Signals That Would Change the Picture The structural drags identified throughout June remain fully intact. US spot Bitcoin ETF outflows extended to a sixth consecutive week — Thursday alone saw $696 million in net redemptions with no fund posting meaningful inflows. The Federal Reserve's hawkish dot plot showing 9 of 18 officials projecting 2026 rate hikes has not been walked back. The dollar index above 101 tightens global financial conditions. And Bitcoin is sitting on its 200-week moving average — a level that has historically preceded recovery but provides no timing signal on its own. Three specific developments would change the picture heading into July. A soft core PCE reading that validates Standard Chartered's thesis that inflation peaked in Q2 following the Iran deal. A sustained return of positive daily Bitcoin ETF inflows — not isolated days but a consecutive multi-session streak. And Bitcoin closing a weekly candle above $62,000-$63,000 — the resistance Selby identified as the level bulls need to reclaim to shift the technical structure. Until at least one of those three materializes, the equal-weight S&P 500 hitting records while crypto grinds near cycle lows is the defining cross-asset divergence that begins H2 2026.

Ripple CEO Brad Garlinghouse went on CNBC Friday to separate two things the market has been treating as one: Bitcoin the asset, which he says he remains bullish on, and Michael Saylor's preferred stock accumulation model, which he says has hurt the broader crypto market. "Financial engineering does not drive long-term value," Garlinghouse said. "Team Michael Saylor wasn't focused on the right stuff and that has hurt the overall market." STRC, the preferred stock at the center of Strategy's model, fell to a record low the same day — 26% below its intended $100 par value — while MSTR common stock closed around $82, its lowest since February 2024. What Is Strategy's Funding Model and Why Is It Under Pressure For approximately a year, Strategy has issued preferred shares — a class of stock that pays a fixed dividend — to raise cash for Bitcoin purchases. STRC carries an 11.5% annual dividend and was engineered to trade near $100. The mechanism works as long as STRC holds near par: Strategy issues new preferred shares, raises cash, buys Bitcoin, and the cycle repeats. When STRC falls below par, the engine stalls — new issuances at acceptable terms become impossible. Strategy has already paused its Bitcoin buying program for exactly this reason. CryptoQuant reported this week that the cushion behind STRC's dividend payments has thinned from more than seven years of coverage to approximately 14 months — a deterioration driven by Bitcoin trading at $59,000 versus Strategy's average purchase cost of approximately $75,656, creating over $14 billion in aggregate unrealized losses on the treasury that backs the preferred structure. Why Garlinghouse Calls It a "Damning Indictment" Garlinghouse pointed to STRC at 25% below par as concrete evidence that the financial engineering thesis has failed on its own terms. His argument is structural: a funding mechanism that depends on a preferred stock maintaining near-par pricing is fragile by design — when the underlying asset declines, the mechanism seizes, the buying stops, and the overhang of a potential forced seller enters the market regardless of whether actual selling occurs. "Financial engineering does not drive long-term value," he said, arguing the lasting value of any digital asset must come from its usefulness rather than from capital structure complexity. Michael Saylor addressed the market Friday with a brief post on X: "Volatility tests every capital structure." It was his second measured public statement in as many weeks as STRC has continued declining. MSTR common stock has now fallen more than 85% from its November 2024 all-time high. Why the Counterargument Matters Benchmark-StoneX analyst Mark Palmer directly rejected Garlinghouse's implied framing, arguing that Strategy's funding engine has become "less efficient" rather than broken and explicitly dismissing comparisons between STRC and assets that have collapsed outright. Matt Cole of Strive made the same point when STRC first crashed to $82.50, characterizing the selloff as a leverage liquidation event rather than credit deterioration — a distinction that has so far been validated by STRC's partial recoveries from its worst intraday levels. Marex's Ilan Solot had framed the structure with the most precision weeks earlier: "Strategy is now a fight over the capital waterfall — every move protects one stakeholder by torching another." That analysis neither validates Garlinghouse's financial engineering critique nor dismisses Palmer's less-efficient-not-broken view — it describes the inherent tensions of a complex preferred equity capital structure under Bitcoin price stress. What This Means for Bitcoin and the Broader Market Garlinghouse's argument that the model has "hurt the overall market" rests on a specific mechanism: the STRC overhang has introduced a perceived forced-seller risk into Bitcoin markets that amplifies every price decline with a narrative layer that would not exist if Strategy had accumulated Bitcoin through simpler means. Marex had identified exactly this dynamic — markets "openly pricing the tail that Strategy has to sell coins" — as a weight on Bitcoin sentiment through the June correction independent of pure macro headwinds. What to Watch Next June 30 brings two simultaneous Strategy events: the STRC ex-dividend date for the first $0.48 semi-monthly payment due July 15, and the monthly dividend rate reset that may lift the rate from 11.50% toward 12%-12.50% to partially close the gap between the stated rate and the 15% effective yield the market is currently pricing. Neither event resolves the structural question Garlinghouse raised. Only Bitcoin recovering above Strategy's $75,656 average cost basis would do that — making Thursday's core PCE, the continuing Iran deal trajectory, and the H2 macro outlook the variables that ultimately determine whether Garlinghouse's criticism proves prescient or premature.

人工知能、技術、データ・フライホイールか、それともサンプルの繰り返しか？Physical AIは「作業時間至上主義」に別れを告げるべきだ。金色財経、ロボット企業は依然として作業時間を競っているが、真に不足しているのは新しいサンプルである。

早くも2016年に、SBIはRippleと提携を結んでいた。

前日の米国株式市場では、世界の半導体セクターで激しい売り圧力が発生した。フィラデルフィア半導体指数は大幅に下落し、マイクロン・テクノロジーとサンディスクは取引時間中にいずれも6％超の下落を記録、ウェスタンデジタルは7％超下落した。

メディアの報道によると、米国政府は金曜日、同社の「Claude Mythos 5」モデルに対する輸出規制を解除し、政府の承認を受けた100社以上の企業および連邦機関が同モデルを利用できるようにしたと発表した。

この仕組みが果たして「安定装置」なのか、それとも「加速装置」なのか、その答えは今後の価格と金利に隠されている。

人工知能（AI）業界は依然として急成長を続けており、その勢いが衰える気配は微塵もない。しかし、「ブロックチェーンAI」分野の状況はまったく異なる。なぜこの分野は相応の注目を集めることができなかったのだろうか？

OpenAIの財政難によりIPOが延期される可能性があり、市場ではAIがもたらす影響に対する見通しが再評価されている。

李飛飛氏は「人工知能のコストはゼロに近づいている」という説を否定した。人間の知能は、知覚、空間認識、身体能力、感情など多面的な能力を融合させたものであり、大規模モデルでは到底再現できないものである。

「金色財経」は『金色Web3.0日報』を創刊し、AI、DeFi、DAO、NFT、メタバース業界に関する最新かつ最速のニュースをお届けします。

マイクロンは第3四半期の業績で過去最高を記録し、売上高は414.56億米ドル、粗利益率は84.9％、純利益は282.4億米ドルとなり、NVIDIAやMetaを上回った。