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Bank of America (BofA): Memory market set to enter supercycle, forecasts DRAM revenue to more than triple by 2026.

2 hours ago

Bank of America stated in a July 11 research report that the global memory industry’s ASP-driven supercycle remains ongoing, projecting global DRAM revenue will surge 325% year-over-year in 2026 to reach $568.8 billion. The report forecasts NAND revenue will grow 299% over the same period to $323.1 billion, with combined DRAM and NAND revenue hitting $891.8 billion—up 315% from 2025. Combined revenue of the two product categories could climb further to $1.25 trillion by 2027. Bank of America noted that this round of growth is driven primarily by price rebounds, not just shipment volume increases. The bank projects DRAM’s average selling price will jump 249% year-over-year in 2026, while NAND’s average selling price will rise 238%.

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A trader shorted ESPORTS with low leverage, earning over $9 million in profits, posting an 806% return over 30 days.

According to Lookonchain’s monitoring, a trader has generated over $9 million in profits from Aster in less than a month, delivering an 806% return. The trader only executed one transaction: a 1x short position on ESPORTS. On June 18, the trader deposited 1 million USDT into Aster and opened a 1x short on ESPORTS. The trader has realized $4.28 million in profits by closing part of their position, and still holds 137.73 million ESPORTS short positions valued at $1.95 million, with an additional $4.77 million in unrealized gains. The trader later withdrew their initial principal of $1 million from Aster, leaving $9.05 million in the account as pure profit.

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Explosions reported near Iran’s Bandar Abbas and Qeshm Island.

According to Iran's Mehr News Agency, explosions were heard near Iran's Bandar Abbas and Qeshm Island.

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Samsung Electronics plans to sell $216 million worth of its own shares.

Samsung Electronics plans to sell its own shares valued at 323 billion won (approximately $216 million).

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Robinhood to Launch Crypto AI Agent Trading Feature for US Users

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This trader has made over $9M on @Aster_DEX in less than a month — an 806% return!

This trader has made over $9M on @Aster_DEX in less than a month — an 806% return! He made just one trade: a 1x short on $ESPORTS. On June 18, he deposited 1M $USDT into Aster and opened 1x short on $ESPORTS. He has already realized $4.28M by closing part of the position and still holds a 137.73M $ESPORTS($1.95M) short, with another $4.77M in unrealized profit. The trader then withdrew his $1M initial capital from #Aster. The remaining $9.05M in the account is all profit.

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Binance adds SK Hynix bStocks as margin collateral assets

According to an official announcement, Binance will add SKHynix (SKHYB) bStocks tokens as eligible collateral assets in CrossMargin, PortfolioMargin, and PortfolioMarginPro at 13:30 UTC on July 13, 2026, and enable leveraged trading for the corresponding trading pairs. The feature is only accessible to users with VIP3 or higher status, and lending is not supported at this time.

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