Global Central Banks' Gold Buying Intent Hits New High Since 2018, Gold Price Pullback Seen as Allocation Opportunity
June 16 — Global central banks are showing renewed eagerness to add gold to their reserve piles, even amid a recent price dip for the precious metal, according to a new survey from the World Gold Council.
Conducted with market research firm YouGov, the poll of 74 central banks found 45% plan to increase their gold holdings over the next 12 months — the highest share since the survey launched in 2018. Only one central bank signaled it would cut its gold reserves, a sign of strong long-term demand for the metal from official institutions despite its pullback from recent all-time highs.
Gold has doubled in price over the past three years, fueled largely by consistent net purchases from central banks. But the market landscape shifted in 2026: Middle East tensions have roiled energy markets, while expectations of prolonged high interest rates have dulled gold’s short-term appeal as a non-yielding asset. Add in speculative fund outflows, and gold has now fallen to its lowest level since la
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Bybit launches 18 World Cup Net Goal contracts covering Group Stage matches from June 17th to 21st
Bybit recently expanded its World Cup derivatives lineup, adding 18 new group stage net goal difference contracts covering matches from June 17 to June 21. Trading for these contracts is available ahead of the match days.
Each contract has a base price of 10, and its settlement price is calculated via the formula: 10 + (Home Team Goals – Away Team Goals). Only goals scored during the standard 90 minutes of regulation play count for settlement—extra time and penalty shootouts are not included. Settlement occurs 130 minutes after the match starts, with the final 20 minutes of that window running in liquidation-only mode. The platform offers up to 5x leverage, and the minimum margin requirement is 10 USDT.
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Musk Responds to Space Data Center Discussion, Emphasizes SpaceX's Scale Advantage of Over 10,000 Satellites in Orbit
June 16: The conversation around the engineering feasibility of space data center heat dissipation is still ongoing. In a post from user XFreeze, it’s argued that a space-based data center isn’t just science fiction—its core relies on already established thermodynamics and aerospace engineering systems, not any groundbreaking new physics.
On Earth, data centers rely on air convection, water cooling, fans, and cooling towers to shed heat. But in a vacuum, convection and conduction can’t be used to release heat outward, so a totally different approach is required: heat from computer chips transfers to a liquid cooling system, gets pumped into large radiators, and is then released into deep space via infrared radiation. This follows the Stefan-Boltzmann Law, where radiation power ties directly to the fourth power of radiation area, emissivity, and temperature.
This mechanism isn’t just theoretical—it’s a mature tech system long used on spacecraft like the International Space Station (IS
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Iranian Foreign Minister: Iran-US new round of talks may take place in Switzerland on the 19th
On June 16, Iranian Foreign Minister Araghchi said that Iran and the U.S. may hold a new round of negotiations in Switzerland on June 19, though the specific location has not been finalized, according to Iran's Tasnim News Agency. This report is from Golden Finance.
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Marvell CFO Sells Over 200,000 Shares, Cashing Out Approximately $60 Million
June 16 update: U.S. chip design firm Marvell Technology (Nasdaq: MRVL) announced that its Chief Financial Officer Willem Meintjes has recently filed a Form 144 with the U.S. Securities and Exchange Commission (SEC) to sell 207,329 shares of common stock. The estimated cash proceeds from the transaction total approximately $60.13 million, with an average sales price of $290.03 per share.
This sale represents roughly 48% of Meintjes’ current shareholdings and is categorized as a non-essential transaction. The sale will be executed through Morgan Stanley Ameribond on the Nasdaq market, with the transaction date set for June 15, 2026.
Marvell Technology is headquartered in Wilmington, Delaware, with SEC filing number 001-40357. The company currently has approximately 874.8 million outstanding common shares.
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Mining Firm MARA Acquires 1,000 BTC, Increasing Total Holdings to 36,303 BTC
June 16 — Publicly traded Bitcoin mining firm Mara Holdings added 1,000 BTC to its corporate treasury, boosting its total Bitcoin holdings to 36,303 BTC and lifting it to No. 4 among all Bitcoin-holding companies, per data from BitcoinTreasuries.NET.
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