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According to Gate market data, U.S. stocks closed higher on Thursday, with the Dow Jones Industrial Average initially rising by 1.1%, setting a new closing high. The S&P 500 index slightly fell, and the Nasdaq dropped by 0.8%. Micron Technology fell by 5.4%, SanDisk plummeted by 14%, Intel dropped by 5%, and Seagate Technology and Western Digital fell around 10%. Apple rose against the trend by 4.8%, while Meta fell nearly 5%. The Nasdaq China Golden Dragon Index fell by 1.77%, with Baidu and Xpeng Motors dropping around 4%.

According to Gate market data, U.S. stocks closed lower on Wednesday, with the Dow Jones Industrial Average initially down 0.02%, the S&P 500 index down 0.2%, and the Nasdaq down 0.66%. NVIDIA (NVDA.O) fell 1%, Micron Technology (MU.O) fell 10.5%, SanDisk (SNDK.O) fell 10.6%, AMD (AMD.O) fell 6.8%, and Meta (META.O) rose 8.8%. The Nasdaq China Golden Dragon Index surged 2.9%, and Alibaba (BABA.N) rose 2%.

Bernstein analyst Mark Newman significantly raised the target price for SanDisk (SNDK.O) from $1700 to $3000, maintaining an "Outperform" rating.The firm pointed out in its research report that the new Long-Term Agreement (LTA) for storage has undergone a structural change, shifting from being customer-favorable to more advantageous for suppliers. The new agreements typically include fixed or range-constrained pricing, commitments of prepaid funds that lock in customers and provide downside protection, and longer contract durations. Based on data provided by the company, Bernstein estimates that the floor price for SanDisk in the recently signed LTAs is approximately $0.29 per GB.

According to the official announcement from Jupiter, the Solana chain now supports trading of the memory ETF DRAM (Roundhill Memory ETF), with holdings covering Samsung, SK Hynix, Micron, and SanDisk.

According to Digital Asset, the Financial Services Commission of South Korea plans to expand the scope of the regulatory sandbox to include the Virtual Asset User Protection Act. This move is part of a broader plan aimed at preparing the future of the financial industry by expanding services to reflect changes in the financial environment and market demands.At a recent event hosted by Financial Services Commission Chairman Lee Ik-yeon, the Commission stated that it will continue to explore and incorporate laws related to emerging fields and services, such as the Internet Banking Act and the Virtual Asset User Protection Act, into the regulatory sandbox.

Recently, technology concept assets in the US stock market have continued to attract market attention, and related trading activity remains active. According to data from the Gate platform, SpaceX (SPCX) is currently priced at $177.48, with a 24-hour high of $182.08; SanDisk (SNDK) is currently priced at $2248.82, with a 24-hour high of $2269.97, and a 24-hour increase of 0.99%. According to CoinGlass data, the open interest for Gate SPCX (SpaceX) contracts has reached $14.8985 million, while the open interest for SNDK (SanDisk) contracts is $7.3260 million, both ranking among the top in the industry.

Global technology company Electric Soul (EST) has disclosed the latest progress in its global deployment. As of June 2026, the company has deployed tens of thousands of standardized commercial shared charging devices in multiple countries across Europe, America, and Southeast Asia, covering high-traffic scenarios such as business districts, transportation hubs, and dining clusters, while maintaining stable operations.As the scale of devices reaches tens of thousands, Electric Soul is transitioning from regional market expansion to a phase of global-scale operations. The project enhances replication efficiency between different countries and cities through unified hardware standards, cloud-based SaaS operation and maintenance backend, localized payment adaptations, and city agency cooperation models, providing support for the continuous expansion of the global shared charging network.Electric Soul stated that leveraging the large-scale implementation experience in the European, American, and Southeast Asian markets, the next step will be to expand into incremental markets such as the Middle East, South Asia, and Latin America, continuously promoting the vision of "global reach, boundaryless charging," and further exploring new models of global energy infrastructure in RWA and DePIN scenarios.

According to the market data from the Gate platform, SPCX (SpaceX) reached a high of $225.44 in the last 24 hours, currently priced at $203.97, with a 24-hour decline of 4.09%; SNDK (SanDisk) reached a high of $2,163.99 in the last 24 hours, currently priced at $2,038.26, with a 24-hour decline of 2.85%. According to CoinGlass data, the 24-hour contract trading volume for Gate SPCX (SpaceX) reached $159 million; the 4-hour contract trading volume for Gate SNDK (SanDisk) was $20.5624 million, both ranking among the industry leaders.In addition, the second session of the Gate Live stock series public class will start broadcasting on June 17 at 16:00 (UTC+8), with the theme "3 Steps to Complete Your First Stock Trade." This session will focus on the practical process of stock trading, introducing fund transfers, selection of trading targets, in-market ordering processes, and fee rules, helping users quickly understand how to complete their first stock trade.Previously, Gate Direct to IPO completed the distribution of SPCX shares and officially opened trading on June 12, allowing users to participate in SPCX trading directly through the Gate stock area and seize investment opportunities in popular targets.

According to Livecoins, Brazilian Federal Deputy Lincoln Portela proposed Bill No. 2.901/2026, which aims to establish a framework for a national fintech and digital finance platform, creating a permanent regulatory sandbox system for testing blockchain technology and asset tokenization, supervised by the Central Bank of Brazil.The bill requires regulatory requirements to be proportional to the size of the company, allowing small fintech startups to apply simplified standards, and prohibits the government from imposing bureaucratic measures or obligations that do not align with the digital nature of the cryptocurrency market. The sandbox testing scope includes financial flow tracking, artificial intelligence credit applications, and programmable payment practices.The bill also allows companies to share network infrastructure and institutional adaptation databases, but they must comply with data protection regulations. The cooperation mechanism aims to combat financial crimes in cryptocurrency transactions, promote customer identity verification, and enhance cybersecurity.The bill also proposes the establishment of a national system for digital financial integrity, coordinating network regulatory actions to combat criminal structures that use cryptocurrency to hide wealth. Fines for non-compliant companies can reach up to 20% of their annual profit or revenue. The bill will be discussed in various committees of the House of Representatives.

Driven by the news of the peace agreement between the United States and Iran and the reopening of the Strait of Hormuz, global risk appetite has significantly rebounded, with U.S. stock futures rising across the board and the technology growth sector performing actively. According to Gate market data, SanDisk (SNDK) reached a high of $2,075.72 in 24 hours, currently reported at $2,067.95, with a 24-hour increase of 3.74%; SpaceX (SPCX) reached a high of $169.59 in 24 hours, currently reported at $167.85, with a 24-hour increase of 1.21%. According to CoinGlass data, the contract open interest for Gate SNDK (SanDisk) reached $9.0399 million, and the contract open interest for Gate SPCX (SpaceX) reached $6.6192 million, both ranking among the industry's top.

The Web3 industry summit Money Frontier 2026 has officially launched the "Path to a Million" themed essay competition. The event is open to all Crypto Natives and creators, with topics covering "the leap from 0 to the first 1 million" and "the wealth defense battle in the next five years," aiming to gather real trading insights, wealth thinking, and risk control strategies from industry practitioners. It is worth mentioning that this essay competition has specially invited the previous "My DeFi Journey" essay champion "Little Penguin" to serve as a core judge.Participants can publish articles on X (Twitter) and submit their registration to have a chance to win cash prizes of a thousand dollars, co-branded hardware wallets, and standard tickets to the MF Hong Kong summit worth 128U. For more details, see the official tweet link.It is reported that Money Frontier 2026 will be held in Hong Kong on July 27-28, where industry leaders such as $Ethena founder Guy Young, ZK-STARK inventor Eli Ben-Sasson, Dr. Yang from Shena Mining, and Yu Xian from Slow Mist will gather on-site. Currently, the official ticket purchase and limited-time verification-free ticket channels for the summit's standard tickets have been opened.

The blockchain infrastructure protocol Lava Network has signed a non-binding memorandum with developer BHL Group to design a tokenized regulatory sandbox for the planned residential development project Alba Bay in the Caribbean. The project plans to build over 40,000 residential units, covering nearly 40 million square meters, with a cost of billions of dollars, and is expected to break ground in the first quarter of 2027.Lava claims this is its first real-world asset authorization project. Currently, no units have been tokenized, and no infrastructure has been deployed; BHL is not required to pay any upfront fees to Lava. Lava's role is to support ecological promotion, coordinate the application of crypto-native teams, and participate in the sandbox design, with commercial terms based on usage, no fixed fees, equity, or token grants.According to CoinGecko data, the LAVA token has fallen over 90% from its peak in 2024, with a market capitalization of approximately $9 million. Lava stated that the tokenization structure has not yet been determined, and any tokens will supplement rather than replace existing property registrations; whether the project can advance to the tokenization stage depends on subsequent assessment results.

According to on-chain analyst Ai Yi's monitoring, the address 0x709...Cad6e has built a position again after six months, mortgaging 10,570 ETH 14 hours ago to borrow 16 million USDS, and then buying 14,730.36 wstETH at an average price of $2,028, followed by borrowing another 14 million USDS to increase the position.

According to monitoring by Catcher Predict, in the event "Who is Merab Dvalishvili's next opponent?" on the prediction market Polymarket, the "Yes" option for the sub-market "Cory Sandhagen" has experienced a dramatic fluctuation in winning probability, soaring from 0.65% an hour ago to the current 21.1% (a fluctuation of 20.45%). Please note the impact of relevant breaking news.

According to Cointelegraph, Binance announced its official return to the Philippine market through a partnership with BlockShoals, using the sandbox framework of the Philippine Securities and Exchange Commission (SEC) as an entry point. Previously, Binance was banned by the Philippine SEC in 2024, and this return is made possible through the compliance sandbox mechanism.

According to monitoring by Hyperinsight, SNDK (SanDisk) rose sharply again by 10% during the last trading day, maintaining a high position in the night session. The SNDK contract on the Hyperliquid platform is currently reported at $1540, with a daily trading volume of $101 million. The on-chain long position with the most considerable profit in this round of increase is 0x7b5, which went long on 2050.7 SNDK with 10x leverage, currently realizing a floating profit of $700,000. This address initially invested only $246,000 in April, with an average entry price of $1199, and has now recorded a return of 284% on the principal. Address: 0x7b51c5d9366077e1b3c1cba383389752f486071b.