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Garret Jin sells over 180k HYPE tokens, making a profit of $2.83 million
BlockBeats reports that OnchainLens monitoring shows that BTC OG insider whale Garret Jin has sold all 184,102 HYPE tokens at a price of $73.58, exchanging them for $13.54 million USDC, with a net profit of about $2.83 million. His address still holds BTC (fivefold leveraged long position) with an unrealized loss of $13.2 million, and ZEC (twofold leveraged long position) with an unrealized profit of $3.29 million.
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The RWA tokenization market size has broken through $43 billion, as institutions accelerate the migration of assets on-chain
BlockBeats News, June 17 — The global market size for real-world asset (RWA) tokenization has exceeded $43 billion, growing approximately 37% over the past 180 days, indicating that institutional funds are continuing to accelerate their migration to blockchain infrastructure.

The report points out that this growth has occurred against the backdrop of a relatively weak overall crypto market, with on-chain financial asset expansion mainly driven by the onboarding of traditional financial products, covering funds, private credit, commodities, and stocks across various asset classes.

In the current market structure, tokenized funds dominate, accounting for about 80% of the total market value; commodity assets account for 16.6%, and tokenized stocks for approximately 3.8%. In terms of chain distribution, Ethereum remains the core hosting network, accounting for 57.8%, followed by BNB Chain, zkSync Era, XRP Ledger, and Stella
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Opinion: SpaceX investors are not buying profits, but Elon Musk himself
BlockBeats News, June 17 — According to CNBC, well-known investor Jim Cramer said that the core driver behind SpaceX’s stock price continuing to rise is not its current profitability, but the market’s bet on Elon Musk’s ability to build disruptive companies.

Cramer said that after SpaceX completed its IPO last week, its market value quickly rose to about $2.5 trillion, once surpassing Microsoft and exceeding Amazon. Even if the company may remain loss-making for many years to come, investors are still willing to give it a high valuation because of Musk’s track record of building industry leaders.

Cramer said: “This stock is called SpaceX, but it might as well be called Elon Musk. When you buy SpaceX, you’re actually buying Musk’s brain.”

He pointed out that investors
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The biggest midterm election bet in the crypto industry so far has been placed in Alabama, with Fairshake investing over $12 million to support Barry Moore.
BlockBeats News, June 17 — According to The New York Times, the crypto industry super PAC Fairshake and its affiliated organizations have invested approximately $12.1 million in the Republican primary for U.S. Senate in Alabama to support Republican Congressman Barry Moore who supports cryptocurrencies. Among them, ad monitoring agency AdImpact data shows that just television ad spending reached $9.8 million.

Barry Moore has supported multiple crypto industry-favored bills and publicly opposed central bank digital currencies (CBDCs). He stated that he does not want the government to control people's financial activities. Fairshake emphasized Trump’s endorsement of Moore in its campaign ads.

As of May this year, Fairshake and
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Bloomberg: Draft shows the U.S. plans to immediately lift Iran's oil exports and promote a $300 billion financing plan
BlockBeats News, June 17 — According to the final draft of the US-Iran Memorandum of Understanding obtained by Bloomberg, after the agreement is signed, the United States will immediately issue exemptions for Iranian crude oil, petrochemical products, and related financial, insurance, and transportation services, and will promote a financing plan of at least $300 billion to support Iran’s economic recovery, while gradually unfreezing Iran’s overseas assets.


The draft shows that Iran and the United States plan to sign the Memorandum of Understanding in Switzerland on June 19 to end hostilities that began earlier this year in February. Under the agreement, both sides will establish a permanent ceasefire on all fronts, including the direction of Lebanon, and commit to no longer use force against each other. The United States also commits to lift the maritime blockade and restore navigation through the Strait of Hormuz within 30 days, and withdraw its military forces from surrounding areas within 30 days after the final agreement is signed.


In exchange, Iran commits to never制…
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Analysis: Wosh or refuses to provide the Federal Reserve's dot plot expectations, breaking a 14-year tradition
BlockBeats reports, citing CNBC, that on June 17 the Federal Reserve will release the dot plot. Wall Street generally believes that the new chair, Wosch, will not take part—either because he is not yet prepared, or because he does not like the dot plot. Wosch previously opposed the dot plot and forward guidance, worrying that it would constrain decision-making. If he refuses to provide the expected outlook, it would go against the practice from about 14 years after the crisis, and could also affect his relationships with other officials. However, it is also seen as the first step toward reform. Yale professor Bill Inglis said that Wosch is very likely unwilling to submit interest rate forecasts, and that there are also people within the committee who dislike the dot plot.
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Saudi media releases the 14-point Memorandum of Understanding terms between the US and Iran, more detailed than Iranian media.
BlockBeats message, on June 17, Al Arabiya TV released the terms of the Iran–US 14-point Memorandum of Understanding. The terms are more detailed than the version released by Iran’s Mehr News Agency. The content in the parentheses is the version from Iranian media:


1. Iran and the United States and their allies in the current war announce that, from the date this Memorandum of Understanding is signed, they will immediately and permanently end all wars on all fronts, including in Lebanon, and pledge that they will not take any hostile actions against each other in the future, nor threaten each other or use force against each other. The final agreement will confirm the provisions of this clause and other terms.
(Permanently and immediately stop wars on all fronts, including Lebanon.)


2. Iran and the United States pledge to respect each other’s sovereignty and territorial integrity, and will not interfere in each other’s internal affairs.
(The United States pledges not to interfere in Iran’s internal affairs and to respect Iran’s sovereignty.)
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Middle East situation update: The full text of the US-Iran agreement is about to be released, WTI crude oil once dropped 7%
BlockBeats News, June 17 — Regarding the Iran-U.S. agreement, the Israel-Lebanon conflict, and the Strait of Hormuz situation, all parties continue to send signals. Trump stated that the Iran-U.S. agreement negotiations have entered the second phase, and the agreement will clearly prohibit Iran from possessing nuclear weapons, with the full text to be published soon, and may even be read aloud word for word.
On the Iranian side, the Central Headquarters of the Iranian Armed Forces' Hatam Anbia accused Israel of violating the Lebanon ceasefire agreement 84 times in the past two days and warned that continued violations will be met with military responses. The Iranian Revolutionary Guard emphasized that Hezbollah in Lebanon has demonstrated strong strength in recent conflicts and "will never be destroyed." Iranian Foreign Minister Araghchi said that the nuclear issue will be discussed in the final stage of negotiations, and ending the Lebanon war is a necessary condition for ending Iran's war. An advisor to the Iranian Foreign Ministry reiterated that missile programs and support for regional allies are non-negotiable.
CL-5.28%
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It has been reported that the U.S. refused Israel's proposal to review the U.S.-Iran understanding memorandum
BlockBeats reports that CNN said Israel had requested the U.S. to provide the text of the U.S.-Iran understanding memorandum for review, but was refused, as the Trump administration was concerned that Netanyahu could leak the text before it was officially released. At a press conference on June 15, Netanyahu said that he does not always agree with Trump, and that it is still unclear what the specific contents of the memorandum are.
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The Iran-U.S. framework agreement plans to establish a $300 billion private fund to promote investment in Iran.
According to Reuters, the U.S.-Iran framework agreement plans to establish a $300 billion private fund to promote investment in Iran. The fund can only be launched after the final agreement is signed, and it is a private investment tool that does not involve government funds and is unrelated to negotiations over frozen Iranian sovereign assets. The fund commits that more than half of the capital will come from the United States, Gulf Arab countries, and companies from Asia, South America, and Africa.
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U.S. intelligence agencies: Iran still has the capability to close the Strait of Hormuz again
BlockBeats News, June 17 — U.S. intelligence assessments show that after Iran demonstrated relevant capabilities during the conflict, it still has the potential to close the Strait of Hormuz again. Although an agreement to reopen the Strait of Hormuz is expected to be reached, Tehran still retains the ability to deploy missiles, drones, speedboats, and mines, which could disrupt global energy transportation.


Intelligence officials stated that Iran has gained leverage on this critical trade route and may use regional energy infrastructure as a tool for pressure.
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The probability that the Federal Reserve will keep interest rates unchanged in June is now reported at 99.4%.
BlockBeats News, June 17 — According to CME "Federal Reserve Watch" data, the probability that the Federal Reserve will keep interest rates unchanged in June is now 99.4%, and the probability of a 25 basis point rate hike is 0.6%.


Beijing time Thursday at 2:00 AM, the Federal Reserve FOMC announces the interest rate decision and economic outlook summary; at 2:30 AM, Federal Reserve Chair Powell holds a press conference on monetary policy.
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Huiyu Technology: Partnering with NVIDIA to introduce agent-based artificial intelligence into production environments
BlockBeats News, June 17 — Huiyu Technology announced that in partnership with NVIDIA (NVDA.O), they will introduce agent-based artificial intelligence into production environments. The Huiyu private cloud AI, jointly designed with NVIDIA (NVDA.O), can increase token throughput by up to 20%.
The new Huiyu private cloud AI features will be launched in July 2026. HPE Data Fabric software will expand data availability for intelligent agent workflows and is scheduled for release in October 2026.
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"Ma Ji" continues to increase their position to go long on ETH, now with an unrealized profit of over $320k.
BlockBeats News, June 17th, according to HyperInsight monitoring, "Brother Ma Ji" Huang Licheng's address has added multiple long positions in several transactions over the past 3 hours, currently using 25x leverage to long 10,900 ETH, with an average entry price of $1,748.13, and an unrealized profit of $323k.
ETH-0.18%
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Principal Mineral acquires PCB key material supplier Isola Group
According to Bloomberg, Principal Mineral will acquire Isola Group, supported by Cerberus Capital Management. Isola supplies key PCB materials widely used in automotive, aerospace, and AI servers. The company is based in Dallas, aiming to localize the PCB supply chain, with the transaction amount not disclosed. At the same time, it announced approximately $280 million in new funding led by Overmatch Ventures and The New Industrial Corp.
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