Grayscale Deposits 1,863 BTC to Coinbase, Worth Approximately $123.66 million

As of June 17, per Bitget market data, the Dow Jones Industrial Average extended its rally, with intraday gains expanding to 1%. The S&P 500 Index is currently down 0.08%, while the Nasdaq Composite is off 0.38%.

June 16: WTI crude oil dropped below $76 per barrel to its lowest level since March 5, down 6.63% on the day, per Bitget market data.

June 17: Coinglass data shows total network liquidations reached $423 million over the past 24 hours, including $244 million in long liquidations and $179 million in short liquidations.

On June 17, Apple (AAPL.O) announced it will release a 20th Anniversary Edition iPhone by the end of 2027, and also plans to launch a new AirPods model with a built-in camera by the same timeframe.

June 16: Easing Middle East tensions have given investors a new catalyst to pivot away from AI trading, which has dominated market narratives for most of this year. In a client note, Goldman Sachs Group trader Lee Coppersmith and his team wrote that investors are now identifying undervalued, non-AI-related cyclical stocks. With AI-frenzy fatigue setting in, investors are positioning for a catch-up in these assets. “As the war winds down, the market will look past upcoming inflation data, gradually phase out rate-hike expectations, and refocus on betting on rate cuts,” the group stated. Joe Gilbert, portfolio manager at Integrity Asset Management, added: “This will be a boon for small-cap companies, cyclical stocks, and bonds.”

June 16 (The Wall Street Journal) – U.S. officials and sources familiar with the talks told The Wall Street Journal that Washington will immediately waive sanctions to allow Iran to resume oil and fuel exports, an early economic concession aimed at easing escalating tensions. The oil sanctions waivers will take effect right after a tentative deal is signed later this week. Critical supporting services for oil sales—including banking, transportation and insurance—will also be exempt from penalties to ensure related transactions proceed smoothly. Nonprofit group United Against Nuclear Iran (UANI) reported Tuesday that an Iranian crude oil supertanker has departed Chabahar Port, crossed the U.S. maritime blockade, and exited the Gulf of Oman with its automatic identification system (AIS) activated. The group noted this is the first such move since the U.S. imposed its Gulf maritime blockade in April this year. A senior U.S. administration official told reporters Tuesday that whil