Analysis: The AI investment cycle has entered "overtime", with four indicators to alert to capital expenditure bubbles.

According to official announcements, OKX Wallet has integrated Robinhood Chain, enabling users to conduct operations including transfers, price checks, on-chain transactions, and DApp exploration via the wallet, further lowering the threshold for users to participate in emerging on-chain ecosystems. Meanwhile, OKX Wallet has launched a dedicated Robinhood ecosystem zone, aggregating and showcasing popular on-chain assets and ecosystem opportunities, allowing users to complete the full process from asset discovery to transactions through a unified entry point.

SK Hynix's American Depositary Receipts (ADRs) indicate an opening price of approximately $180, with an offering price of $149. (Jinshi)

According to Iran’s Tasnim News Agency, a Qatari political delegation arrived in Iran today to hold consultations with Iranian officials, aiming to consolidate its position as a mediator. However, Qatar had previously lodged accusations against Iran over an incident in the Strait of Hormuz, after which U.S. forces launched large-scale attacks on a series of Iranian military and civilian targets on Wednesday and Thursday. An Iranian Foreign Ministry spokesperson expressed regret over Qatar’s accusations, describing them as “questionable, contrary to the principles of good neighborliness and unacceptable”. Therefore, Qatar is expected to explain during this visit: why, despite being fully aware of the content of Article 5 of the Islamabad Memorandum of Understanding, it still attempted to cooperate with the U.S. to bypass Iran-designated shipping lanes, and why it rushed to accuse Iran without any prior communication with Iran. (Jinshi)

Prediction market platform Predict.fun data shows that in the quarterfinal match of the 2026 FIFA World Cup (co-hosted by the U.S., Canada and Mexico) between Spain and Belgium, as of press time, the market assigns Spain a roughly 74% probability of advancing, and Belgium a roughly 25% probability, with traders overall favoring Spain to reach the semifinals. Notably, Spain has sustained strong form in this World Cup thanks to its fluid possession play system and standout performances from young players; Belgium, meanwhile, has advanced to the quarterfinals on the back of its rich experience in major tournaments and mature tactical setup.

Binance Co-CEO Richard Teng told attendees at Singapore’s Reuters NEXT Asia Summit that following Binance’s suspension of services to some European Union (EU) users, roughly 70% of users’ withdrawn crypto assets flowed into self-custody wallets, while only 30% moved to MiCA-compliant licensed platforms. Teng noted this figure has sparked reflection on MiCA’s regulatory objectives, pointing out that self-custody wallets are not subject to anti-money laundering (AML) and know-your-customer (KYC) frameworks applicable to regulated exchanges, meaning user assets may face heightened risks when transferred to self-custody. Earlier, Binance withdrew its MiCA license application in Greece after it failed to secure approval by the July 1 transition deadline, prompting the suspension of services to affected EU users. Teng added that Binance has not abandoned the European market, with multiple EU countries inviting the firm to reapply for local licenses—though he did not specify which nations. Additionally, Teng said Binance plans to continue accelerating its expansion in the Asian market, having already obtained relevant licenses or permits in markets including Japan, South Korea, Thailand, Indonesia, Australia, India, and Pakistan, with more regulatory approvals expected this year. Binance’s global user base has now risen to around 323 million.

According to Bit.com market data, U.S. stocks opened: the Dow Jones rose 0.26%, the S&P 500 gained 0.08%, and the Nasdaq fell 0.15%. Micron Technology (MU.O) dropped 3%, Qualcomm (QCOM.O) fell 2%, SanDisk (SNDK.O) declined 4%, Western Digital (WDC.O) slipped 1.9%, and Meta Platforms (META.O) rose 4.9%.