Japanese and South Korean stock markets closed higher, with South Korean stocks seeing a sharp intraday plunge, and SK Hynix ending the day up 3.6%.

Independent equity research firm Argus Research has upgraded SpaceX’s stock from Hold to Buy, setting a $160 price target. The move is backed by SpaceX’s $7.8 billion in revenue (up 92% year-over-year) and its projected revenue run rate to hit nearly $100 billion by the end of 2026. SpaceX’s shares have been highly volatile since its June 2026 IPO, currently trading around $110. The upgrade reflects analysts’ confidence in the company’s long-term growth across its core segments: space launch services, the Starlink satellite network, and AI infrastructure integration. While rising AI spending and stock volatility pose risk factors, Argus remains bullish on SpaceX’s operational performance and outlook, aligning with the overall Buy rating trend for the stock among most Wall Street institutions.

According to Bitget's market data, WTI crude oil has fallen by 2.00% intraday, currently trading at $75.82 per barrel.

Bernstein has set CleanSpark’s price target at $24 and assigned it an “Outperform” rating, while setting MARA’s price target at $17 and giving it a “Market Perform” rating. This contrast highlights the divergence in AI execution among data center operators: CleanSpark holds a $6.6 billion, 20-year AI lease agreement, whereas MARA is still in search of its first commercial AI contract.

Well-known trader Killa stated in a post that once Bitcoin breaks its current long-term downtrend line, never short the asset. "Many people overcomplicated simple trend shifts in the last cycle, and the weekly chart is the best confirmation signal," he noted. His accompanying chart displays Bitcoin's weekly charts from 2026, 2022, and 2018—all three feature similar post-peak descending channel patterns, used to draw parallels to the current market structure. Killa, a quantitative trader specializing in BTC, previously predicted the peak of this bull run in May 2025, and boasts over 200,000 followers on X. In mid-April, he shorted Bitcoin at $74,688, and switched to long positions during the broad market sell-off on June 5.

BlockBeats News: Unitree Technology recently disclosed its IPO strategic placement investor list, which includes DeepSeek’s parent company DeepSeek, drawing widespread public attention. This afternoon, Wang Xingxing, Chairman, General Manager and Chief Technology Officer of Unitree Technology, responded at a meeting for the first time, stating that DeepSeek will provide Unitree with commercially competitive cooperation plans, including but not limited to technical support in model architecture solutions, intelligent computing cluster construction, and data center operations (if applicable), based on demand and business development. Unitree announced that DeepSeek is a large enterprise with strategic cooperation ties or long-term cooperation prospects in business operations, capable of carrying out strategic cooperation with the company. It holds important resources in the same industry or upstream and downstream of the industrial chain, which will enhance Unitree’s market competitiveness. (China Fund News)

Hardware wallet Coldcard manufacturer Coinkite said it is currently focusing on assisting customers affected by the security incident, and will release a post-mortem review of the multi-day attack after a full investigation wraps up, declining to speculate on the scale of customer losses at this stage. Coinkite noted that due to its products' privacy-focused design, the company cannot independently verify external estimates of stolen funds; recent external research has lifted the estimated total losses to roughly $130 million.