Binance: Users with at least 255 Alpha Points can participate in RE's Pre-TGE Prime Sale event
June 17 – Official sources from Binance Wallet have announced the launch of its 8th Pre-TGE Prime Sale event, headlined by featured project RE (@re). The event is scheduled for June 17, 2026, from 12:00 PM to 2:00 PM UTC. Eligible participants can join through the Binance Wallet Alpha event page. Per the event’s rules, users must hold 255 or more Binance Alpha points to qualify; participation in the sale will deduct 15 Alpha points from participants’ accounts.
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The Market Anticipates Powell's Debut, Interest Rate Decision, and Press Conference as Key Focus
June 17: The Federal Reserve’s first interest rate decision under new Chair Kevin Warsh will be announced at 2 a.m. Beijing time on June 18, with a follow-up press conference scheduled for 2:30 a.m. Beijing time. Markets are nearly uniform in their expectation that the Fed will hold the federal funds rate steady in the 3.50%-3.75% range.
Over the past few days, U.S. equities have stayed firm, led by gains in tech and cyclical sectors. The Dow notched a new all-time high, while the S&P 500 retained its broader resilience. Though the Nasdaq saw swingy trading as AI, semiconductor, and software names took profits, there’s no sign of systemic market stress. Goldman Sachs’ trading desk noted that semiconductor and AI infrastructure stocks have held relatively flat this week after recent volatility, with investors still sticking to "buy-the-dip" strategies.
AI trades remain the market’s most crowded and divisive theme. SpaceX’s post-listing rally has stoked optimism around the next generat
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Yongping Duan Comments on SpaceX: A $3 Trillion Valuation is Not Unrealistic If Annual Earnings Reach $150 Billion
June 17: Renowned investor Neil Shen took to the Chinese financial platform Snowball to share his fresh perspective on SpaceX’s sky-high valuation, arguing that a re-examination of the company’s history suggests it may not qualify as a "bubble stock."
He noted that if SpaceX can eventually generate roughly $150 billion in annual profit, a corresponding market capitalization of around $3 trillion would be reasonable. Shen added that this profit target "appears achievable" within a 5- to 10-year window.
That said, the assessment hinges entirely on whether SpaceX can actually deliver on this long-term profit scale. Having reviewed the company’s development history, he expressed strong admiration for its technological innovations and business model, maintaining an open stance toward its long-term growth potential.
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SK Hynix Rebounds with a 9.7% Gain, Trader 'yixie' Realizes Another $1.25 Million Profit
On June 17, Hyperinsight Monitoring (Telegram: @HyperInsight) reported that South Korea’s stock market stabilized after reversing an intraday decline. SK Hynix saw a sharp unilateral reversal, jumping over 9.7% from its intraday low to a peak daily gain of 4.6%. Currently on Hyperliquid, SKHYNIX trades at $1,660, just 1.69% below its all-time high (ATH).
Renowned trader yixie (Telegram: @yixie10), who has notched multiple profitable trades in the semiconductor storage sector, went long SKHYNIX at the market bottom nine days ago. His position now holds $1.25 million in floating profit, representing a ~68% return, with an entry price of $1,239.9 and a total position size of around $4.94 million.
Last week, amid a broad sell-off in U.S. stocks, yixie bottom-fished Micron Technology (MU) when MU traded at $878.8. Over the past week, this long position has accrued ~$245,000 in floating profit, a ~45% return, with MU now trading at $1,066.
Wallet address: 0xa65ce1d604fa901c13aa29f2126a57d
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