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Recently, the silver market has continued its upward trend, and the trading activity in the metal sector is heating up. According to market data from the Gate platform, silver (XAG) is currently priced at $60.93, with a 24-hour high of $61 and a 24-hour increase of 3.52%. According to CoinGlass data, the open interest for Gate XAG contracts has reached $85.4502 million, firmly ranking among the top two in the industry.

According to Jinshi reports, the Philippines has designated a so-called "baseline of territorial sea" in Huangyan Island, which is Chinese territory, seriously infringing on China's territorial sovereignty and violating international law. China firmly opposes this and demands that the Philippines respect China's territorial sovereignty and maritime rights and interests, and refrain from taking any infringing provocative actions; otherwise, China will respond resolutely.

According to the latest survey by TrendForce, in June, the top three MLCC suppliers in Japan and South Korea (Murata, Samsung Electro-Mechanics, Taiyo Yuden) achieved a monthly shipment volume that reached a nearly five-year high, with 140 billion, 98 billion, and 40 billion units respectively, and the growth momentum continued into July. AI applications are the main driving force, with CSP manufacturers maintaining strong procurement demand for self-developed ASIC platforms such as Google TPU and AWS Trainium, driving continuous growth in demand for high-capacity, low-voltage, small-sized MLCCs.At the same time, Japanese and South Korean suppliers are accelerating the shift of production capacity from consumer-grade X5R to high-end X6S/X7R specifications, resulting in a severe squeeze on the production capacity of mid-to-high capacity (1µF-22µF) consumer-grade MLCCs, with mainstream inventory days generally falling below 30 days. The overflow effect of production capacity has led channels, agents, and second- and third-tier customers to urgently pull goods, significantly increasing order visibility for Taiwanese and mainland suppliers, leading to rising prices, with agents raising prices by an average of 20-25%, and spot market prices have soared to 2-3 times the original price. TrendForce pointed out that the consumer-grade MLCC market currently shows a structural mismatch of "weak end demand, strong channel pricing."

Citrini analyst Jukan posted on social media that the news of China's progress in DUV lithography technology is not particularly surprising, as the market had already formed certain expectations. He pointed out that The Information's related report only cited a professor from a transportation university in China speaking at an internal meeting in June and did not disclose more substantial information. Jukan believes that the sell-off reaction seen in semiconductor equipment stocks like ASML is an overreaction to this news.According to previous reports, The Information cited sources saying that a state-owned enterprise supported by Chinese state capital has begun mass production of domestically developed DUV (Deep Ultraviolet) lithography manufacturing equipment, marking a key progress in the localization of China's semiconductor industry.Insiders stated that the enterprise plans to produce about 5 domestically made DUV lithography machines by 2026 and expand to about 20 machines by 2027. Although there is still a gap compared to the 131 immersion DUV lithography systems delivered by Dutch lithography giant ASML last year, the entry of domestic equipment into mass production is seen by the market as an important breakthrough in the localization of China's chip supply chain.

Well-known trader Killa (@KillaXBT) posted that the Bitcoin cycle is accelerating, with the last cycle taking only 476 days from the bottom to a new ATH, much faster than the previous two cycles. It is expected that this cycle will also reach a new high before the next halving.Killa, as a quantitative trader focused on BTC, predicted the peak of this bull market in May 2025 and has over 200,000 followers on platform X. In mid-April, he shorted Bitcoin at $74,688 and switched to long during the market-wide decline on June 5.

According to BIT Official analysis, Ethereum's market dominance has climbed back above the psychological key level of 10%, and historical data shows that this signal is usually accompanied by a bullish market.In the long term, the "Lean Ethereum" roadmap plans to complete seven consecutive upgrades by 2029, aiming to create a high-speed settlement layer that includes faster final confirmation speeds, quantum-resistant cryptography, and native privacy features across the network.

B.AI announced that the Kimi K3 model is officially launched on its API platform, seamlessly integrated after the release by @Kimi_Moonshot. As the world's first open-source 3T level (28 trillion parameters) model, Kimi K3 has made significant breakthroughs in long-range programming, complex reasoning, and knowledge work, and natively supports visual capabilities and 1M ultra-long context. As a model aggregation service platform, B.AI has prioritized opening its API interface, allowing developers to directly experience the capabilities of the new generation model through B.AI. B.AI will continue to provide efficient and stable interface services to promote the rapid implementation of cutting-edge AI technology and empower developers' innovation.

The FATF released a report stating that criminals are increasingly using stablecoins for illegal financial activities, calling on countries to accelerate the implementation of cryptocurrency anti-money laundering standards.

According to monitoring by Catcher Predict, in the event "MLB Highest ABS Challenge Success Rate (Team)" on the prediction market Polymarket, the "Yes" option win rate for the sub-market "Detroit Tigers" has experienced a sharp fluctuation, soaring from 3.15% an hour ago to the current 22.05% (a fluctuation of 18.9%). Please note the impact of related breaking news.

The chairman of AMLA pointed out that the large-scale migration of users after the transition period of MiCA may bring compliance pressure to EU crypto service providers, and AMLA will strengthen regulatory coordination.

PumpFun announced that, based on community feedback, the various issuance options recently added to the platform have led to user distraction and unnecessary competition. Therefore, it has decided to stop providing the Tokenized Agent issuance feature effective immediately.This feature will no longer support new token issuances, but existing tokens that have enabled this feature will not be affected. PumpFun stated that it will focus on issuance models that can significantly improve the retail trading experience in the future.

Recently, metal market prices have declined, with both gold and silver prices adjusting downwards. According to market data from the Gate platform, gold (XAU) reached a 24-hour low of $3950, currently reported at $3975.53, with a 24-hour drop of 2.35%; silver (XAG) reached a 24-hour low of $56.66, currently reported at $57.48, with a 24-hour drop of 2.13%. According to CoinGlass data, the open interest for Gate XAU contracts reached $204 million, and the open interest for XAG contracts reached $64.8941 million, both firmly ranking in the top two in the industry.

According to Jinshi reports, S&P expects the Federal Reserve to remain committed to guiding inflation towards the target level.

Gate, as the exclusive platform supporting Korean stock trading services, continues to enrich its global stock asset layout. On June 25, the Korean stock semiconductor sector maintained a strong performance, and market trading enthusiasm continued to heat up. According to the latest data from the Gate platform, the semiconductor leader SK Hynix reached a high of $1914.2 and a low of $1626.2 during the day, currently reported at $1873.2, with a daily increase of 8.65%. According to CoinGlass data, the Gate SK Hynix (SKHYNIX) contract position exceeds $34.4749 million, with a 24-hour increase of over 154.15%, ranking among the top two in the industry.In addition, Gate officially launched a semiconductor stock welfare activity from June 23, 17:00 to July 1, 00:00 (UTC+8): users who purchase Gate stocks will have the chance to share a prize pool of fractional shares of SK Hynix worth 3,400 USDT, and new users completing their first order can receive up to 2 shares of SK Hynix.

On Wednesday, the U.S. House Financial Services Committee held a hearing to discuss the changing roles of banks and fintech companies, with one focus being the "streamlined master account" proposal that the Federal Reserve is considering, which would allow certain crypto banks and fintech companies limited direct access to the Federal Reserve's payment system. A Federal Reserve master account allows financial institutions to directly use the Federal Reserve payment network and gain the most direct access to the U.S. dollar monetary system. Institutions without this account typically need to rely on partner banks that have master accounts to provide services.The so-called "streamlined account" is a limited-function version intended to provide limited access for new financial institutions. Republican Congressman Dan Meuser stated at the hearing that access to the Federal Reserve payment system is no small matter, and the core issue is which institutions should be allowed to directly use these critical payment channels. Traditional institutions like community banks are concerned that crypto and fintech companies are not subject to equally stringent regulation, and direct access could pose risks to security and stability. The crypto industry generally supports the proposal, arguing that direct access to the Federal Reserve payment system should have been opened long ago, as it would help reduce reliance on intermediary banks and promote innovation.In May of this year, Trump also signed an executive order requiring the Federal Reserve to assess policies for opening central bank payment channels to fintech companies, including crypto companies. Previously, the Kansas City Federal Reserve had approved Kraken's parent company Payward for a "limited purpose account" in March, sparking discussions in the market about the extent to which crypto and fintech companies should have direct access to Federal Reserve services. A representative from Anchorage Digital stated at the hearing that if the U.S. wants to continue as a global financial center, it needs to allow for innovative federal and state regulatory frameworks.

Gate announces the launch of a new USD ecosystem and upgrades its two major product modules, Gate Pay and Exchange, further integrating USD asset management, capital flow, and digital asset usage scenarios. Currently, this feature is gradually being opened to users. After updating the app to version 8.24.0 or above, users can manage USD assets, recharge USD, trade digital assets, withdraw USD, and transfer funds between accounts within Gate. Through the new USD account, users can hold and manage USD assets and directly use their USD balance to participate in digital asset trading.At the same time, Gate Pay has completed a product design upgrade, optimizing the display of accounts, assets, and capital flow, enhancing the clarity and smoothness of fund management. Both the Gate App and Gate Pay now support USD recharge and withdrawal functions. Users can recharge USD to the platform via SWIFT bank wire transfer and withdraw USD funds to their bank accounts. Meanwhile, users can also directly use their USD balance to purchase cryptocurrencies or sell their held crypto assets with one click to exchange for USD balance, achieving convenient conversion between USD assets and digital assets.This upgrade by Gate aims to integrate USD asset management and digital asset usage processes into the same product system, covering core aspects such as recharge, trading, withdrawal, and fund transfer, providing global users with a more efficient one-stop USD fund service. In the future, Gate will continue to expand the usage scenarios of USD assets and fiat currency service capabilities, continuously providing global users with a more convenient and efficient fund management experience.

According to monitoring by Catcher Predict, in the event "MLB Season ERA Leader" on the prediction market Polymarket, the "Yes" option for the sub-market "Yoshinobu Yamamoto" has experienced a dramatic fluctuation in winning probability, soaring from 3.4% an hour ago to the current 30.35% (a fluctuation of 26.95%). Please note the impact of related breaking news.

Oman has officially launched a national-level Bitcoin mining pool and requires all licensed cryptocurrency miners within the country to connect to this unified mining pool for operation. It is reported that the project is led by the Ministry of Transport, Communications and Information Technology of Oman, and the initial target computing power scale of the mining pool is approximately 10 EH/s.