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Citrini analyst Jukan published a response to the recent market rumors regarding bearish notes on NAND and negative news about QLC price negotiations. It is not surprising that SanDisk accepted a price lower than the initial offer when signing a long-term agreement with Meta, as SanDisk is one of the most proactive NAND manufacturers in pursuing LTAs, planning to allocate over 50% of its total shipments to such agreements. Based on this strategy, it is naturally willing to accept LTA prices lower than the current quarterly contract price, and it cannot be inferred that "SanDisk cannot seamlessly resell all orders to higher-bidding North American customers."In response to rumors that Chinese module manufacturers were rejected by domestic CSPs when promoting eSSD, Jukan explained that Chinese CSPs have direct procurement channels with Yangtze Memory Technologies and that the issue is not a lack of demand. Regarding the claim that large-scale cloud providers are driving down prices for QLC eSSD, leading to some volumes not being sold, he believes that new cloud providers have sufficient demand to absorb these volumes.Jukan concluded by stating that negative headlines are more easily amplified when storage stocks perform poorly, but the fundamentals have not shown substantial deterioration. He reiterated that he remains bullish on storage. Previously, Jukan had stated that DRAM contract prices still have about a 40% upside potential until the end of 2027, and HBM supply continues to be tight. This clarification on the NAND side further solidifies his bullish stance on the entire storage sector.

According to reports from Yicai, there are many rumors that "Xiaohongshu secretly submitted an IPO application before the end of June," but it was hindered by former employees reporting its "compliance issues for listing."In response, Xiaohongshu stated: The current circulating information related to the IPO is not true.

In response to the recent market controversy regarding the reduction of Stabledrop shares, Cap founder Benjamin issued a statement of apology and provided a detailed response. He stated that the team prematurely committed to an airdrop scale of 11 million before the funding was fully secured, but subsequent changes in the market environment led to a fundraising amount that fell short of expectations, resulting in the actual airdrop pool shrinking to 4.2 million.To avoid substantial principal losses for early YT (Yield Token) holders, the team temporarily adjusted the originally planned linear distribution scheme to a "capital protection but no profit" restructuring model, ensuring that no one incurs losses. This rule applies equally to all wallets. Meanwhile, in response to community concerns about a related whale address allegedly engaging in "internal score manipulation," Benjamin clarified that the wallet belongs to a former colleague and is not operated by the team, and that project treasury funds have not been utilized. Additionally, he emphasized that the Cap protocol is still operating healthily, and the decline in TVL that occurred over the weekend was mainly due to the surge in USDM lending rates on Aave for MegaETH, causing arbitrageurs to exit, which is unrelated to this airdrop incident. All redemptions have been processed smoothly.

In response to the online incident of "Gate being hacked for 1.7 million," the platform's founder and CEO Dr. Han tweeted: The details of the incident are all here. After reading, it will be clear. Regarding this incident, the official Gate account has already provided a complete disclosure and review of the events earlier.

According to Cointelegraph, early Bitcoin investor and billionaire Tim Draper denied recent rumors about transferring a large amount of Bitcoin and stated that he "has not used any BTC assets."Previously, the blockchain analysis platform Lookonchain cited Arkham data indicating that a "wallet possibly related to Draper" transferred about 1,000 BTC, worth approximately $62 million, to Coinbase Prime, attracting market attention.The Arkham platform had labeled the related address as "Tim Draper" and noted that the wallet has a long interaction history with Coinbase Prime, but this label is based on AI inference, with limited confidence, and the true ownership cannot be confirmed.Tim Draper stated that the related claims are untrue and reiterated his long-term view: Bitcoin will reach a target price of $250,000 within a year. Records show that Draper purchased nearly 30,000 BTC for about $18.7 million in 2014, with an average price of about $632, which is currently worth about $1.9 billion, making him one of the earliest well-known institutional investors in Bitcoin.Meanwhile, Draper's $250,000 target price has been reiterated multiple times since 2018, but the timeline has continued to be pushed back, while Bitcoin's recent peak was about $126,080 (October 2025). The market still shows significant divergence regarding future trends.

On the evening of June 25, CoinUp held a Space live broadcast on platform X, with CoinUp founder Queenie attending to respond to recent hot topics, reaching a peak online audience of over 15.6K.This Space focused on issues such as the relationship between Zhu Pan and CoinUp, the current operational status of the platform, CPX price fluctuations, the platform's original intention, and future plans. Queenie publicly reiterated that Zhu Pan is not an employee of the CoinUp platform, the platform is currently operating normally, deposits and withdrawals are functioning normally, and there is absolutely no intention to run away.Queenie emphasized that CoinUp will adhere to long-termism, continuously optimizing product experience, project review, and risk control mechanisms. In the future, the platform will continue to upgrade around diversified asset products, CPX ecological applications, and global business, and will accelerate the promotion of compliance license layouts in more regions to drive CoinUp's ecological construction in a more robust and transparent manner.

Aave founder Stani Kulechov responded to reports regarding Kraken's parent company Payward's intention to acquire a 15% stake in the Aave protocol, stating that AAVE "cannot be sold at a 70% discount." Previously, CoinDesk reported that Payward was negotiating to acquire a 15% stake in Aave at a valuation of $385 million. Based on this valuation, it would only correspond to about 30% of the fully diluted valuation of AAVE tokens, which is significantly lower than the market valuation.Kulechov stated on X that the reports were not accurate. He did not completely deny that Aave Labs might sell some of its held AAVE tokens, but he mentioned that Aave Labs does indeed hold a certain amount of AAVE and that several market participants have discussed purchasing through direct or indirect means or engaging in deeper cooperation around long-term partnerships. Aave is the largest decentralized lending protocol in the Ethereum ecosystem. Kulechov stated that Aave currently has an annual revenue of approximately $134 million, with the related revenue flowing to Aave DAO. He had previously proposed a governance plan to redirect Aave Labs, protocol, and product revenues to Aave DAO and token holders.At the time of this rumor, Aave was experiencing some pressure. After the Kelp DAO incident in April, Aave's TVL significantly declined. Although Aave itself was not directly attacked, the KelpDAO cross-chain bridge attackers had used Aave to convert the stolen rsETH into other assets.

According to official news from CoinUp, regarding recent market discussions about CoinUp and CPX, CoinUp stated that Zhu Pan is not the operator of the CoinUp platform and does not participate in the core operations of the platform; his role is solely as a project party for a project launched on the CoinUp platform.CoinUp also expressed gratitude to users, the community, and the media for their attention and supervision of CPX. In response to the recent significant short-term price fluctuations of the CPX/USDT trading pair, the platform previously announced that this fluctuation was mainly due to concentrated selling pressure from the market, and the specific reasons are currently under further investigation and verification, with updates to be provided in a timely manner based on the progress of the investigation.CoinUp emphasized that after a comprehensive security check of the platform, it has not suffered from hacker attacks, data breaches, or system vulnerabilities; the wallet system, account system, and asset custody are all in a secure and controllable state. The platform's recharge, withdrawal, and trading functions are operating normally, user assets are secure, and account data is complete, with no reported losses of user assets.CoinUp stated that it will continue to improve its risk control monitoring mechanisms, maintain market trading order, and advise users to rely on official channel information, view market fluctuations rationally, and pay attention to controlling trading risks.

Strategy CEO Phong Le posted on platform X that Strategy has been continuously increasing its Bitcoin reserves over the long term and raising its Bitcoin holdings per share. Other statements are just rumors.

As SpaceX approaches its IPO, speculation in the market about Elon Musk integrating Tesla and SpaceX has intensified. Insiders say that Musk has previously discussed the possibility of merging the two companies with internal personnel, and Tesla has long believed that the two sides may eventually move towards integration.Reports indicate that the two companies have deepened their cooperation in the AI infrastructure field in recent years, sharing executives, technology, and supply chains, and have begun collaborating in areas such as energy storage systems, vehicle procurement, and GPU order allocation. Legal experts state that if a merger is pursued, antitrust resistance may be limited, but valuation, share exchange ratios, and coordination of shareholder interests will be relatively complex.

According to crypto community user @0x_Lucas on X, Bankless has recently allegedly laid off most of its team members and has not issued a public statement or acknowledgment to assist the laid-off employees in finding new opportunities. Previously, Bankless BD Director Jean-Paul Faraj confirmed his departure, and co-founder Ryan Sean Adams subsequently publicly sought employment on X.At the same time, Adams officially stated that the first phase of Bankless has ended, noting that this marks the conclusion of his six-year collaboration with David exploring crypto, DeFi, and Ethereum, and that they have now entered the second phase. Adams indicated that he will transition to a supportive role to continue providing assistance to Bankless.

In response to recent allegations and rumors regarding the manipulation of RAVE token prices, RaveDAO posted on the X platform: "We have noticed the rumors and allegations surrounding RAVE and the RaveDAO team.We want to make it clear that the RaveDAO team is not involved in the high volatility of the RAVE token price and is not responsible for the recent price fluctuations. RaveDAO places great importance on transparency and is currently focused on promoting the mass adoption of Web3 through offline events."

According to a source cited by the Iranian Tasnim News Agency, Foreign Minister Amir-Abdollahian and Speaker of Parliament Ghalibaf have not left Iran. Both senior officials are currently in Tehran, actively fulfilling their national duties against the backdrop of the evolving regional situation. The source stated, "The reports from some media claiming that the Iranian negotiation team has arrived in Islamabad to negotiate with the Americans are completely false."He emphasized, "As long as the United States does not fulfill its commitment to ceasefire in Lebanon, and the Zionist regime continues to launch attacks, negotiations will remain stalled." Previously, The Wall Street Journal claimed that the Iranian delegation arrived in Islamabad on Thursday evening.

According to Jinshi reports, Iran has denied reports that its intelligence ministry has contacted the United States to discuss ending the Middle East war.The New York Times previously reported that Iranian agents indirectly contacted the CIA on Sunday to discuss the terms for ending the conflict. According to semi-official Tasnim News Agency, sources from the Iranian intelligence ministry stated that the report is "pure lies and psychological warfare."Following this denial, oil prices briefly rose but then quickly fell back as traders shifted their focus to the U.S. Navy's plans to escort tankers through the Strait of Hormuz.Since the U.S.-Israeli attacks on Iran on Saturday triggered the war, traffic through this critical chokepoint has sharply decreased. In public statements, both Iran and the United States have vowed to continue fighting, increasing the likelihood of a prolonged conflict in the Middle East. So far, the conflict has resulted in over 1,000 deaths (mainly within Iran).

The cryptocurrency market has experienced one of its strongest single-day rebounds in recent times, with Bitcoin, Ethereum, and Solana collectively rising, driving the overall market capitalization of cryptocurrencies up by approximately $170 billion, bringing the total market cap close to $2.5 trillion.Market data shows that Bitcoin briefly broke the $70,000 mark, Ethereum rose over 13%, and Solana increased by more than 15%. This round of rebound ended the continuous correction trend since the peak last October. Market analysts believe that this surge is related to the recent insider trading lawsuit against the market maker Jane Street. Some commentators in the crypto market pointed out that there had been a phenomenon of suspected concentrated selling of Bitcoin every day at 10 AM Eastern Time over the past few months, and this pattern seemed to suddenly stop after the lawsuit news was announced.However, there is currently no public evidence that Jane Street has indeed engaged in systematic selling of Bitcoin at fixed times. Nevertheless, the market generally believes that the expectation of reduced potential selling pressure has boosted investor sentiment in the short term.

According to market news, European Central Bank President Christine Lagarde is considering stepping down before her term ends in October 2027, so that French President Macron and German Chancellor Merz can reach an agreement on her successor before the French elections in April 2027.A spokesperson for the European Central Bank later responded that Lagarde is "fully focused on her mission and has not made any decisions regarding the end of her term." Lagarde's potential early departure comes at a critical time for the advancement of the digital euro by the European Central Bank. Under her leadership, the European Central Bank has been continuously advancing the preparations for the digital euro and has repeatedly emphasized the need to manage the risks of private digital currencies such as stablecoins within the framework of the EU's Markets in Crypto-Assets Regulation.Lagarde herself has long held a critical stance towards cryptocurrencies like Bitcoin, describing them as "highly speculative," "worthless," and "not backed by any underlying assets." If there is a change in the leadership of the European Central Bank, it could affect the institution's communication focus and priorities regarding the digital euro, stablecoin regulation, and crypto-related payment arrangements, although the overall regulatory direction has already been established at the EU level.

According to quiverquant data, financial giant Jane Street increased its holdings by 7,105,206 shares of IBIT in Q4 last year, valued at $276 million. The company currently holds 20,315,780 shares of IBIT, valued at $790 million.There were previous community rumors that Jane Street was allegedly suppressing Bitcoin prices through high-frequency trading at 10 AM Eastern Time every morning. Additionally, BlackRock and Morgan Stanley increased their holdings by over 2.37 million shares of IBIT in Q4 last year.

According to Cointelegraph, despite previous rumors about Arkham planning to shut down its trading platform Arkham Exchange, Arkham CEO Miguel Morel stated that the cryptocurrency trading platform launched by Arkham Intelligence is not shutting down and is transitioning from a centralized model to a fully decentralized trading platform (DEX).He stated, "The future of crypto trading is decentralized, and that is the direction we are working towards." Arkham Exchange launched in 2024, supporting users for spot crypto trading and perpetual contract trading. The platform released its mobile application by the end of 2025.According to CoinGecko data, as of the time of writing, Arkham's average daily trading volume is approximately $640,000.

Huobi founder Li Lin stated that he is neither an investor in LD nor Garrett Gin, and that he has not reduced his holdings in Bitcoin or Ethereum during this market cycle, adding that external parties should not associate related market rumors with him.He mentioned that he has taken a break for many years, but still needs to clarify related rumors almost every year.