U.S. Stock Futures: Semiconductor Stocks Up in Pre-market Trading, Intel Rises Over 8%

Per monitoring from DataBeat’s Beating, AI inference service provider Baseten is wrapping up a new $15 billion funding round. Three months ago, the company was discussing a $10 billion raise tied to a $110 billion valuation—now the final funding size has grown by $5 billion, with a two-tier valuation structure in place: some investors are subscribing at the $110 billion mark, while another group co-invests at a $130 billion valuation. Leading the round are Altimeter Capital, Conviction, Spark Capital, Sands Capital, and Wellington Management; the latter is making its debut investment in the AI inference space. Baseten builds a software layer across 20 cloud service providers’ computing infrastructure to help enterprises fine-tune and run open-source AI models. Its current customers include coding assistant Cursor, Mercor, and OpenEvidence. As open-source models from DeepSeek, Kimi, and NVIDIA Nemotron approach the performance of top closed-source alternatives, companies are shifting

June 18: On-chain analyst Wu Jinyu’s monitoring shows 12 wallets suspected to be affiliated with a16z have transferred 24 million USDC to Hyperliquid over the past 20 hours and are currently purchasing HYPE via TWAP. a16z is now the largest institutional holder of HYPE and has been one of the key drivers behind HYPE’s recent streak of all-time highs. Separately, since March, the firm has funneled a total of $259 million in USDC into Hyperliquid through over 100 wallets to acquire and stake 4.035 million HYPE at an average price of roughly $64, with an approximate unrealized gain of $29 million as of now.

**Crypto Token Valuation Updates: Grayscale, CoinShares Release Forecasts (June 18)** Grayscale Research’s latest June 18 report projects Aave’s native token, AAVE, will hit $175 in a 12-month baseline scenario. The asset management firm explained that as traditional finance valuation models are adopted for decentralized finance (DeFi) tokens, AAVE’s current fair value stands between $80 and $100. Grayscale estimates Aave will generate roughly $60 million in net income by 2026, using methodologies including discounted cash flow (DCF), earnings multiples, and comparisons to banks and fintech companies for its analysis. The report also highlights Aave’s revenue trajectory: it’s on pace to grow more than sixfold between 2023 and 2025, with an expected profit margin of around 50%. Key growth drivers cited are Aave’s lending operations, its GHO stablecoin, and institutional-focused products. However, Grayscale warned protocol revenue alone does not guarantee token value, noting that fees a

On June 18, data from Hyperinsight Monitoring shows that NBIS (NEBIUS) has surged roughly 10% over the past 24 hours. Its Hyperliquid contract is now trading at $295.5, hitting an intraday high of $298—marking a new on-chain trading record—though its pre-market price has yet to reach an all-time high. Two days ago, a Hyperliquid trader opened a long NBIS position at an average of $262, purchasing 40,080 contracts with 2x leverage for a total value over $11.8 million. This position currently holds an unrealized profit of about $1.31 million, translating to a 25.1% return rate, making it the largest long position on the asset across Hyperliquid. On the news front, Nasdaq announced NBIS will be added to the Nasdaq 100 Index ahead of the market open on June 22, 2026—a development expected to drive passive fund buying in advance. Contract Address: 0x15271757b398cd1d3d7cca05c4f7b0c159afa7c2 HyperInsight Bot is now live. To auto-sync on-chain data, add @HyperInsightBot to your Tel

Binance Announces Re (RE) Listing: June 18, 2026 Launch Per an official update from Binance, the Re token (ticker: RE) will be listed for spot trading starting at 10:00 PM UTC+8 on June 18, 2026. Trading will open across three pairs: RE/USDT, RE/USDC, and RE/TRY. The RE token will carry Binance’s "Seed" tag, marking its status in the exchange’s Seed project program.

June 18 — Citigroup has revised its outlook for the Federal Reserve’s policy path following the central bank’s latest interest rate announcement, pushing back the overall timeline for potential rate cuts by one month. The bank’s updated base case projection now calls for the Fed to deliver a single 25-basis-point rate cut in October 2026, another in December 2026, and a third in January 2027. Previously, Citigroup’s baseline forecast had the Fed launching its rate-cut cycle in September 2026, with consecutive reductions in September, October, and December of that year. The Fed initiated a policy review after appointing new Chair Kevin Warsh, and ultimately opted to keep its benchmark interest rate unchanged. Against a backdrop of persistent inflationary pressure, nearly half of the central bank’s policymakers now see a plausible chance of a rate hike this year. In its report, Citigroup noted that while Warsh did not state this explicitly, he is likely aligned with the view that if off