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Bloomberg Analyst: Silver Rebound May Signal Gold and Risk Asset Pullback

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June 8 — Mike McGlone, senior commodity strategist at Bloomberg Intelligence, reports silver once rallied more than 60% in 2026, but as of June 5, all those gains have been erased. In his latest analysis, McGlone highlights that this reversal could not only weigh on silver directly, but also create spillover pressure for gold and broader risk assets. Per the chart McGlone shared, silver has hit a critical turning point in its recent high range after years of cyclical fluctuations, sharply retracing its year-to-date (YTD) gains. This move aligns with inflation indicators and the overall risk asset cycle. McGlone believes this trend shift signals fading momentum in the "inflation trade" and points to a potential return of deflation, which could put downward pressure on risk assets like stocks.
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Hwang Ren-heung: Nvidia's Cooperation with SK Hynix and SK Telecom Expected to Bring Billions of Dollars in Business Opportunities to South Korea

On June 8, NVIDIA CEO Jensen Huang stated that the tech giant’s collaboration with SK Hynix and SK Telecom is projected to generate billions of dollars in business opportunities for South Korea. Huang added that as AI infrastructure construction advances and demand for AI chips, memory, and communication technology grows, NVIDIA’s deep partnership with South Korean tech firms will act as a key driver for the development of South Korea’s AI industry—potentially creating substantial economic value. Currently, SKHYNIX perpetual contracts trade on Binance at $1,364, with a 24-hour trading volume of $2.53 billion and a 6.04% 24-hour gain. On trade.xyz, a trading platform in the Hyperliquid ecosystem, SKHYNIX perpetual contracts are priced at $1,349, with a 24-hour trading volume of $1.51 billion and a 6.35% 24-hour gain.

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Strive increased its Bitcoin holdings last week by acquiring 32 BTC at an average price of $63,911 each.

On June 8, Strive acquired 32 bitcoins between June 2 and June 7, 2026, at an average price of $63,911 each.

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The United Nations Development Programme Establishes Blockchain Advisory Board, with Participation from Various Public Chain Foundations and Cryptocurrency Institutions

June 8, the United Nations Development Programme (UNDP) announced the launch of its Blockchain Advisory Group, designed to advance the use of blockchain technology in global development efforts and public service delivery. Members of the advisory group include the Algorand Foundation, Arbitrum Foundation, Avalanche Foundation, Cardano Foundation, Ethereum Foundation, Stellar Foundation, and Sui Foundation, plus industry organizations such as Kraken and Cointelegraph. This UNDP action deepens collaboration between the UN system and the blockchain sector, marking a further step toward exploring applications of digital technology in key areas: financial inclusion, identity authentication, supply chain transparency, and sustainable development.

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NVIDIA and Hyundai to Expand AI Robot Partnership, Advance Humanoid Robot Commercialization

On June 8, NVIDIA and Hyundai Motor Group announced an expansion of their collaboration in physical AI and robotics. Following a meeting in Seoul, the two companies stated they will leverage Hyundai’s manufacturing capabilities to move robotic technology from the research and development (R&D) stage to full-scale factory deployment. According to reports, NVIDIA CEO Jensen Huang and Hyundai Motor Group Chairman Chung Euisun focused on Hyundai’s Atlas humanoid robot project and the roughly 90 trillion won investment in the new Saemangeum development plan. This initiative will cover AI data centers, the robotics industry, and hydrogen infrastructure construction. Huang called this plan the "AI Valley" and noted that both parties aim to accelerate the commercialization of the robotics sector by combining NVIDIA’s AI technology with Hyundai’s manufacturing know-how. --------------------------------- Click the link to the original article below to join BlockBeats’ Feishu AI News Channel,

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Mindful Tech's Mind Lab releases open-source 749B AI Agent Macaron-V1-Preview

On June 8, per BlockBeats' monitoring, Mindverse’s Mind Lab has open-sourced the personal AI model Macaron-V1-Preview, which has 749 billion parameters. Built on the GLM5.1 pre-trained base, it offers a 202k context window and is released under the MIT license. The development team, led by Chen Kaijie and Andrew (co-authors of the ReAct and FireAct papers), includes core researchers from DeepSeek, ByteDance, and xAI. Currently, the model has deep integration with Mindverse’s assistant app Macaron, which boasts 2 million users, creating a closed “Product-Model” iterative feedback loop. Earlier this June, Mindverse closed a nearly $50 million Series A funding round led by Meituan. Macaron-V1-Preview underwent reinforcement learning training based on GLM5.1. It adopts a Mixture-of-LoRA (MoL) architecture, where task-specific “LoRA skill packs”—covering emotion understanding, tool usage, and coding capabilities—are mounted on a shared base model. These skill packs support sub-second dyna

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Source: Insider Insiders: Visa, Mastercard in Talks with Stripe, Coinbase on Stablecoin Platform Partnership

NEW YORK, June 8 (Fortune) — Visa and Mastercard are in active talks with companies including Stripe, Coinbase, and potential additional players to form a stablecoin alliance and launch a dedicated new stablecoin platform, per sources familiar with the matter cited by Fortune. If the partnership is finalized, it would deliver a major shakeup to the $300 billion-plus global stablecoin market. Leveraging Visa, Mastercard, and Stripe’s massive reach in worldwide retail payments, the new platform aims to drive wider adoption of stablecoins for everyday transactions. Industry observers are closely tracking how the plan will impact Circle. Right now, Circle’s USDC dominates the regulated stablecoin market in North America and Europe. Insiders note that Visa, Mastercard, Coinbase, or all three could use the alliance to push merchants to adopt their own stablecoins, unlocking new revenue streams like reserve interest earnings. For Coinbase, it’s continuing to reap benefits from its 2023 dea

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