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Weekly Highlights | Stock Market Epic Volatility, CXMT IPO Reshapes Storage Landscape, Saylor Aims to Push STRC Repeg Around September 8
This week, the South Korean stock market experienced historic plunges and rebounds, AI hardware stocks suffered heavy losses before violent recovery; CXMT's IPO market cap broke 3 trillion, reshaping the global storage landscape; the Fed held steady with hawkish stance, AI bubble debate coexists with crypto market resilience.Weekly Picks | Korean Stocks' Volatility Surpasses Bitcoin, CLARITY Act Showdown, BitMEX Closure Triggers BMEX 95% Plunge
This week, an unprecedented autonomous attack occurred in the AI field, with Hugging Face invaded by an AI model; the volatility of the Korean stock market due to AI chip leveraged trading once exceeded that of Bitcoin; the US CLARITY Act enters its final showdown, and the stablecoin and tokenized asset track continues to heat up.Weekly Highlights | AI bubble debate intensifies, Base social experiment fails, SK Hynix ADR surges 27% in a single day then plunges
This week, AI and crypto markets saw violent swings. Anthropic prepares for IPO, OpenAI is called the 'Lehman Brothers' of AI, AI bubble debate white-hot; Robinhood Chain's daily active users and trading volume both surpass Base, Base founder admits failure of social experiment; U.S. June CPI cools more than expected, Warsh hearing hawkish stance, memory chip crash, Hyperliquid's pre-market contract prices ChangXin Technology at $7.2.Weekly Highlights | SK Hynix Creates Third Largest IPO in U.S. Stock History, Paradigm Bets on AI and Robotics with $1.2 Billion New Fund
This week, the crypto market continued its volatility. Strategy was forced to sell coins to survive. On its first week of launch, Robinhood Chain saw meme coins unexpectedly break out. OpenUSD challenges Circle's stablecoin dominance. The EU's MiCA officially takes effect, reshaping the compliance landscape.Weekly Highlights | Robinhood Launches L2, 140 Giants Launch Stablecoin OUSD, MicroStrategy Releases Self-Rescue Plan
Meta considers partnering with Samsung, Bitcoin ETF turns to net inflow after 10 consecutive days of net outflow, non-farm payroll data below expectations, Unitree Robotics approved for STAR Market IPO registration.Weekly Highlights | Bitcoin Plunge, AI Trading Cools Down, Markets Begin to Wary of a June US Stock Market Crash
HYPE's market capitalization has entered the top ten, Zcash almost fell below $250 after being found to have a forgery vulnerability by AI, and Bitcoin plummeted after Strategy sold off its holdings, with current unrealized losses of $11.07 billion.Weekly Highlights | BTC and ETH liquidity is sluggish, while US, Japanese, and South Korean stock markets continue to hit new highs.
HYPE, NEAR, and ETH were the focus of the crypto market this week; following Leopold, a new stock market guru, Serenity, emerged in the AI field; the market capitalization of the three major memory giants, Micron, Samsung, and SK Hynix, exceeded one trillion US dollars; and SpaceX IPO concept stocks surged ahead of schedule.Weekly Highlights | Walsh takes office, HYPE surges, ETH liquidated by Harvard and Bankless co-founders
AI computing power ignites a storage bull market; Nvidia releases financial report; Bitcoin Pizza Day celebrates its 16th anniversary; a large number of institutions hold Hyperliquid; Duan Yongping makes his first investment in Circle; and several core members leave the Ethereum Foundation.Weekly Highlights | Chip Price Surge, South Korean Buying Spree, Trump's Visit to China, and the Appointment of New Federal Reserve Chairman Warsh
The prototype of the "Big Short" shorted Nvidia; Samsung employees went on strike; the CLARITY Act was passed by the Senate; Chainlink took over LayerZero funding; Powell is about to step down and will be succeeded by Kevin Walsh.Weekly Highlights | STRC becomes a new DeFi favorite, uPEG, Slonks, and SATO fuel Uniswap V4 hook popularity
Hyperliquid enters the prediction market, a16z invests $2.2 billion in a new fund, Telegram announces its return to TON, Coinbase loses nearly $400 million in Q1, and Strategy suffers a massive $12.5 billion loss in Q1.Weekly Highlights | The KelpDAO incident continues to reverberate; the Hong Kong Web3 Conference leads this week's core narrative.
OpenAI and Deepseek update, Apple's Tim Cook steps down, Fu Peng makes his first public statement since entering the cryptocurrency world, Polymarket and Kalshi are set to launch perpetual contracts, and Ethereum's Meme makes a brief comeback.Weekly Highlights | Altcoins See Minor Rebound, with RAVE, SIREN, and ARIA Among Those Highly Controlled
Mint Blockchain, Redstone and other projects announced their shutdown, Farcaster clarified that it will not issue a token, crypto mining companies sold more Bitcoin in Q1 than in the entire year of 2025, and top crypto VCs saw their paper returns shrink.
