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Intraday Gains in US Stocks Widens, Nasdaq Rises 2%

2026.06.12 01:54:52

June 12: Per Bitget data, the three major U.S. stock indexes expanded their intraday gains: the Nasdaq rose 2%, the Dow Jones added 1.6%, and the S&P 500 gained 1.3%. On the news front, President Trump announced he was scrapping a planned strike against Iran tonight, and will soon unveil the time and location for the signing of the agreement.
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Changxin’s pre-IPO share price rose more than 5.4% during the Asian trading session, corresponding to an RMB share price of 46.56 yuan on its first day of listing.

According to Hyperinsight monitoring, the Pre-IPO contract price of CXMT (Changxin Memory, whose listed entity is Changxin Technology) on Hyperliquid has risen for 6 consecutive hours during today's Asian trading session, currently at $6.88, up more than 5.4% in 6 hours, corresponding to a RMB share price of 46.56 yuan. Calculated based on the post-issue total share capital of 66.881 billion shares, the on-chain implied market cap is approximately $460.1 billion, equivalent to around 3.11 trillion yuan. China's leading domestic storage chip maker Changxin Technology will list on the Shanghai Stock Exchange's STAR Market on July 27 (next Monday). Based on this market cap, the subscription cost per lot of 500 shares for retail investors who win the online application is 4,330 yuan, with an estimated market value of 23,280 yuan for 500 shares on the first trading day, translating to a profit of about 18,900 yuan per lot.

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PopDEX builds high-performance on-chain trading infrastructure based on Morph Tachyon, driving performance upgrades for on-chain perpetual trading.

Morph has officially launched Morph Tachyon, an independent Layer 1 network built specifically for on-chain transactions. As one of the first projects to build transaction infrastructure on Morph Tachyon, decentralized perpetual contract trading platform PopDEX will leverage the network to build a high-performance on-chain trading environment, further enhancing the execution efficiency and user experience of on-chain derivatives trading. Built on Morph Tachyon’s high-performance on-chain trading scenario design and independent consensus and settlement architecture, PopDEX achieves a target block time of 200 milliseconds, maximum throughput of 200,000 TPS, and instant finalization. Leveraging this high throughput and transaction-native architecture, PopDEX will further strengthen on-chain trading execution capabilities, enabling faster, more stable order processing and market interaction, and delivering an on-chain trading experience comparable to that of professional trading platforms for traders, market makers, and liquidity providers. The two parties will continue to collaborate on on-chain trading infrastructure, jointly advancing the development of on-chain markets with higher performance and capital efficiency.

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Binance will delist spot trading pairs including ACX/USDC, ALGO/BTC, CVC/USDC, LPT/USDC, and other pairs.

Binance will delist the following spot trading pairs at 03:00 UTC on July 24, 2026: ACX/USDC, ALGO/BTC, CVC/USDC, LPT/USDC, ONG/BTC, RVN/USDC, and XRP/BNB. After delisting, trading for these pairs will cease, though the respective tokens will remain tradable in other available pairs on the platform. Additionally, spot trading bot services will be terminated simultaneously; users are advised to update or cancel their related bots in advance to avoid potential losses.

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Bitcoin surges past $66,000, notching a 3.17% gain in 24 hours.

According to HTX market data, Bitcoin has broken through $66,000, with a 24-hour gain of 3.17%.

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OKX Wallet Launches "Social Login", Allowing Users to Create Self-Custody Wallets via Email and Other Accounts

According to official announcements, OKX Wallet has launched "Social Login", enabling users to create a wallet in seconds via email, Apple, or Google accounts—no need to record or back up mnemonics throughout the process. Wallets created via this feature remain self-custodial: their mnemonics and private keys are generated, stored, and signed in a Trusted Execution Environment (TEE). OKX cannot access or export users’ private keys, so users always retain full control of their assets, and can export private keys or convert to a regular mnemonic-based wallet at any time. It is understood that OKX Wallet’s "Social Login" uses a unified account system, with one account accessible across four platforms: App, browser extension, web, and Agent, which automatically restores the same wallet after login. The feature initially supports 19 chains including X Layer and Solana, and natively supports trading scenarios such as Swap, cross-chain operations, limit orders, copy trading, and Real-World Assets (RWA).

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Ant International announced it has raised approximately $1.2 billion in Series A financing, with participation from Ant Group, Alibaba, and other investors.

Ant International announced it has completed its Series A financing round. Participants in the round include Ant Group, several existing shareholders such as Alibaba, and multiple renowned international investment institutions, with total funding amounting to approximately $1.2 billion. The funds will be used to expand global operations, accelerate investment in cutting-edge technologies like AI, and broaden inclusive fintech services including cross-border payments and global accounts, to help global merchants drive growth. On March 19, 2024, Jing Xiandong released an all-staff letter announcing that Ant International, OceanBase, and Ant Digital Technology—all under Ant Group—have each established their own boards of directors, operating independently in the market. Currently, Jing Xiandong serves as Chairman of Ant International, Yang Peng as Chief Executive Officer, and Douglas Feagin as President. Ant International’s business covers major markets including Asia, Europe, the Middle East, and Latin America, connecting over 150 million global merchants and more than 2 billion consumer accounts. It has innovation, settlement, and operation centers in locations such as Shanghai, Hong Kong, Singapore, and Malaysia. Currently, Ant International has four core business segments: Alipay+, Antom, WorldFirst, and Bettr. These segments focus respectively on enhancing global payment interoperability, developing AI and other tech-driven merchant payment, treasury management, and fintech solutions, and building extensive cooperation networks with financial institutions, tech enterprises, and merchants both domestically and internationally.

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