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Thursday2026/0618
06-16

2026-06-16 11:03:08

EU Approves US Trade Deal, Zero Tariffs on Industrial Goods

The European Union’s lawmakers approved the final legislative step needed to implement its trade deal with the United States, clearing a path for what amounts to the most significant transatlantic trade realignment in years.The European Parliament’s International Trade Committee voted 31 to 6, with

2026-06-16 11:03:08

Robinhood Cuts 10% of Workforce and Freezes Hiring

Robinhood is trimming its headcount again. The company plans to eliminate 10% of its full-time employees while simultaneously closing all remaining open positions, a move that effectively freezes hiring across the organization.A pattern that keeps repeatingThe company went on a massive hiring spree

2026-06-16 11:03:05

40% of investors expect the Fed to raise rates in the next 12 months: BofA survey

ChainCatcher report, according to CNBC, the June global fund manager survey by Bank of America shows that 40% of investors expect the Federal Reserve to raise interest rates at least once within the next 12 months, up from 16% in May. This month, 28% of investors expect at least one rate cut, a sign

2026-06-16 11:03:00

DeepSeek’s Series A round sees founder Liang Wenfeng invest 2 billion RMB.

According to ChainCatcher, citing the Science and Technology Daily, multiple investment institutions have confirmed that DeepSeek’s seed round may now be finalized. Founder Liang Wenhong is personally investing approximately RMB 20 billion, making him the largest single investor in this round. Tence

2026-06-16 11:02:59

Robinhood Announces 10% Workforce Reduction and $28 Million in Restructuring Costs

BlockBeats news, on June 16, Robinhood (HOOD) announced on Tuesday that it will reduce its full-time workforce by approximately 10% and simultaneously halt the recruitment process for existing open positions.The company expects this restructuring to result in approximately $20 million in employee se

2026-06-16 10:54:40

South Korea Uncovers $17M Crypto Laundering Network Tied to Scams

South Korean police arrested 23 suspects tied to crypto laundering.Authorities linked 11,300 accounts to $17 million scam proceeds.Police seized funds while pursuing ringleader through Interpol channels.South Korean police have arrested 23 individuals accused of helping a Cambodia-based criminal syn

2026-06-16 10:54:34

OpenAI CEO Warns of Permanent Global Compute Shortage, Favors Citizen Wealth Fund Over UBI

ME AI message, according to monitoring by Beating, OpenAI CEO Sam Altman outlined the trajectory of the next decade during a lecture at Stanford University’s CS 153 course. He noted that global compute shortages may become a permanent issue. Looking ahead, he favors democratizing technology and enab

2026-06-16 10:53:19

Japan's BOJ Hikes Rates to 1% Amid Yen Weakness and Inflation

The Bank of Japan raised its key short-term policy rate by 25 basis points to 1% on June 16, 2026, pushing borrowing costs to their highest level since September 1995.Despite the BOJ finally wielding the kind of hawkish policy tool that would normally strengthen a currency, the yen continued to slum

2026-06-16 10:52:39

SpaceX to Acquire Anysphere, Parent Company of Cursor, at $60 Billion Valuation

BlockBeats news, on June 16, SEC filing documents showed that SpaceX (SPCX.O) will acquire Anysphere through a merger, valuing Anysphere’s equity at $60 billion.Anysphere is a U.S.-based Silicon Valley artificial intelligence (AI) software startup renowned globally for developing the wildly popular

2026-06-16 10:44:21

Bitcoin Surpasses $66,500 as XLM, INJ, and UNI Rally Post BOJ Rate Hike

Key PointBitcoin climbed above $66,500 after the Bank of Japan raised interest rates to a 31-year high. Bitcoin added 1.5% over 24 hours after moving from around $65,600 in Asian trading to more than $66,500 during European hours. XLM, INJ and UNI rose between 13% and 16% among the top 100 cryptocur

2026-06-16 10:44:18

DeepSeek Completes Over RMB 5 Billion in Series A Funding

Article by Timelines, Author | Wang Zhi, Editor | Zhou YiDeepSeek's seed funding round has received new updates.On June 16, according to the latest report by foreign media The Information, DeepSeek has raised over RMB 50 billion, pushing its valuation beyond $50 billion.It should be noted that, as o

2026-06-16 10:44:18

Bitwise CIO: Debate Over Whether Bitcoin Has Bottomed Out Is the 'Wrong Question'

According to ME News, on June 16 (UTC+8), Matt Hougan, Chief Investment Officer at Bitwise, stated that the debate over whether Bitcoin has "bottomed out" is the wrong question for long-term investors; the key issue is whether the peak of this cycle has yet to be reached. Galaxy Digital, NYDIG, and

2026-06-16 10:44:15

BTC Price Holds Above $66K Amid Bear Market Concerns

The Bitcoin price is still rallying, having climbed above the major horizontal resistance at $66K. Can the bulls hold onto these gains and push this rally higher, or is this just temporary relief before this bear market resumes once again?USDT Dominance about to signal end to the rallySource: Tradin

2026-06-16 10:42:28

SpaceX Surpasses Amazon in Premarket Valuation at $212 Share Price

SpaceX is now worth more than Amazon. At least, that’s what premarket trading suggested on June 16, when shares of the freshly public rocket company climbed above $212, pushing its market capitalization past Amazon’s roughly $2.66 trillion valuation.From IPO to $2.75 trillion in four trading daysSpa

2026-06-16 10:41:15

Avalanche Sentiment Hits Extreme Bearishness Amid Solana and Sui Competition

The broad crypto rally on Monday did little to shield Avalanche (AVAX) from a wave of social media skepticism. According to the Santiment update, AVAX became the top trending digital asset not because of enthusiasm, but because of deepening doubts about the network’s competitive position. Negative s

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