The Big Short Michael Burry adjusts his US stock holdings: Sells Microsoft long position, extends Nvidia short position to June 2027.

According to South Korea’s Digital Daily, Apple has recently held negotiations with Changxin Memory Technologies over supply prices for mobile DRAM such as LPDDR5X, seeking to cut costs for its next-generation iPhones and smart devices. However, its further demand for price reductions was rejected. Changxin reportedly insists on offering quotations comparable to or even higher than those of Samsung Electronics and SK Hynix. Chinese manufacturers including Huawei and Xiaomi are locking in Changxin’s production capacity in advance through high-priced long-term contracts, meaning Changxin does not need to accept lower prices to compete for Apple’s orders. As DRAM supply tightens, the strategy of global terminal vendors pushing down procurement prices by leveraging low-cost Chinese components is becoming ineffective. With major memory manufacturers shifting more production capacity to HBM, output of general-purpose DRAM such as DDR5 and LPDDR5X has declined, driving continuous price increases for these products. Changxin absorbs a large volume of general-purpose DRAM demand from the Chinese market, also easing the pressure on Samsung Electronics and SK Hynix to dispose of low-priced products. Samsung Electronics and SK Hynix are concentrating resources on high-value-added AI storage products including HBM4, LPCAMM2, and enterprise-grade SSDs, and will gain stronger bargaining power in long-term price negotiations with global large tech companies in the second half of the year.

Another whale, 0x3ad3, spent $1M to buy 16.02M $CASHCAT.

Renowned crypto KOL Ansem has published a post noting that the crypto market is showing signs of forming a bottom. First, prices have begun to demonstrate resilience amid negative news: for example, when Saylor sold millions of dollars worth of Bitcoin (BTC) in the $58,000–$60,000 range, BTC continued to form higher lows. Second, crypto-native mobile applications are seeing real user growth: Pump.fun’s weekly revenue rose 20%, and Fomo surpassed 100,000 users in a week. Institutional interest is also rebounding, including progress on Robinhood Chain and billionaire Paul Tudor Jones’ public bullish outlook on BTC. Furthermore, crypto-related content has regained traction on social media. Ansem stated that a new bull market could be further confirmed if on-chain tokens continue to hit higher highs after their first volume-driven peak, the number of holders of popular tokens keeps growing, mainstream media refocuses its coverage, developers test new on-chain mechanisms, and successful protocols provide incentives via airdrops.

According to Lookonchain monitoring, whale address 0x3ad3 spent $1 million to acquire 16.02 million CASHCAT tokens.

ElizaOS founder Shaw published a statement saying the ai16z token is "completely dead", and the related foundation is gradually winding down operations. There are currently no funds available for token buybacks, nor will new funds or token supply be provided to support the market. He no longer holds any related tokens, and will not support the launch of an Eliza token in the future. Shaw stated that Burwick previously filed a lawsuit against the project; the team lacked funds for legal defense, eventually reaching a settlement with some holders and handing over the remaining treasury and funds. He added that he never sold ai16z tokens and did not profit from the project beyond a salary on par with other engineers. The team will continue developing Eliza and its underlying operating system, planning to restart operations free from the pressures of tokens, launchpads, and community price fluctuations. Intellectual property related to Eliza remains in his possession, and he will focus on localization, privacy protection, and cryptocurrency-enabled agent technology moving forward. Shaw also noted that he still recognizes blockchain technology, but is pessimistic about the current industry’s overemphasis on speculation, prediction markets, and meme coin culture. By contrast, he believes the AI community is more focused on building products.

The total transactions on #TRON have surpassed 15 billion! On average, 12.13 million transactions are processed every day.