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Lenovo Completes Issuance of $2 Billion Zero-Coupon Convertible Bonds
Jinse Finance reported that on June 25, Lenovo completed the issuance of $2 billion in zero-coupon convertible bonds.
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The ruling on the case of Federal Reserve Board Governor Cook is expected to be announced next week.
Jinse Finance reports, June 25: Market news: With the Supreme Court completing the drafting of opinions, the ruling on Federal Reserve Governor Cook's case is expected to be announced next week.
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Brazil's central bank raises GDP growth forecast for 2026
Jinse Finance reports that on June 25, the Central Bank of Brazil predicted a 2% GDP growth rate for 2026, compared to a previous forecast of 1.6%.
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Specter: Multiple Polymarket users suspected of being phished, with losses of approximately $2.94 million.
Golden Finance reported that on-chain security analyst Specter stated that a phishing attack targeting Polymarket users is ongoing, with cumulative losses currently estimated at approximately $2.94 million. According to his monitoring, the attacker has transferred funds from over 11 victim wallets holding PUSD, converting the stolen assets into ETH. He also reminded users to be cautious of phishing risks and noted that the incident is still under ongoing investigation.
ETH-2.70%
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Morgan Stanley raised the target prices for Micron Technology and Qualcomm.
Golden Finance reported on June 25 that Morgan Stanley raised its price target for Micron Technology (MU.US) from $1,050 to $1,200, and upgraded Qualcomm (QCOM.US) from "Underweight" to "Neutral" with a target price raised from $146 to $231.
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KPMG: "Increasing investment in China" has become a broad consensus among market participants.
On June 25, KPMG stated that China achieved impressive results in infrastructure, foreign trade, and technological innovation from January to May, making increased investment in China a consensus. Compared to the global landscape, China boasts a complete industrial system, mature supply chains, abundant talent, and sustained innovation capabilities, providing full-chain support for multinational corporations and is becoming an innovation hub and consumption core. Relying on endogenous growth, China's economy will maintain stable improvement, driving global recovery and multilateral economic and trade cooperation.
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LTC falls below $40
Golden Finance reported that LTC has fallen below $40 and is now at $39.98, with a 24-hour decline of 3.73%. Market volatility is high, so please exercise risk control.
LTC0.36%
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Norilsk Refinery in Russia stopped operations on Wednesday due to a drone attack.
Gold Finance reports that on June 25, sources said that Russia's Norsi refinery suspended operations on Wednesday due to a drone attack.
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A certain whale's long positions in BTC and XRP were all liquidated, losing $8.42 million.
Golden Finance reported that according to Lookonchain monitoring, the market decline led to the liquidation of a whale's long positions. Its 809.9 BTC long position valued at $47.68 million and 27.92 million XRP long position valued at $28.45 million were both fully liquidated, resulting in a loss of $8.42 million.
BTC-1.63%
XRP-3.28%
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The total liquidation amount across the entire network has expanded to $457 million.
Jinse Finance reports that Coinglass data shows that in the past 1 hour, the liquidation amount for BTC reached $219 million, the liquidation amount for ETH reached $122 million. In addition, the total liquidation amount across the entire network expanded to $457 million, and the liquidation amount for long positions reached $439 million.
BTC-1.63%
ETH-2.66%
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“1011 insider whale” agent Garrett Jin's 5x leverage Bitcoin long position has an unrealized loss of $21.12 million.
Golden Finance reports that, according to on-chain analyst Ai’s monitoring, BTC again fell below $60,000. The 5x leveraged Bitcoin long position of “1011 insider whale” agent Garrett Jin is now in a floating loss of $21.12 million. His opening price for 1,268.33 BTC was $76,117, while the mark price is $59,466—down 21.8%.
BTC-1.63%
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S&P 500 Index and Nasdaq 100 Index turn positive.
Golden Finance reported that on June 25, the S&P 500 and Nasdaq 100 turned positive.
SPYX-0.51%
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Barclays: Emerging markets outperformed expectations in Q2, Asia remains the region with the most upside potential.
Barclays' latest EM and strategy outlook states that geopolitics and energy prices have dominated the market since Q2, but emerging market economies and asset performance have exceeded expectations. The Fed's policy cycle may pose new challenges for local currency assets, while a de-escalation in the Middle East could provide room for performance. Asia remains the region with the most upside potential, with growth forecast raised to 5.2% for 2026. Most economies have resilient exports and strong energy allocation capabilities, with the Philippines being the only exception, generally exceeding expectations.
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Chinese state-owned oil companies are reportedly considering resuming imports of Iranian crude oil.
Reuters says Chinese state-owned oil refiners are assessing the conditions for resuming purchases of Iranian crude oil after a U.S. exemption; if implemented, it would be the first time since 2019. CNPC and Sinopec are evaluating the feasibility of banking, insurance, and shipping aspects, but factors such as competition and weakening domestic demand still pose obstacles. Sources say there is no shortage of oil currently, with Saudi Arabia, Kuwait, and Iraq increasing production; it remains unclear which banks can provide financing and clearing, and whether Iran's shipping capacity is sufficient.
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Iraqi Ministry of Oil: Reports that Iraq is considering leaving OPEC do not reflect the government's official position.
Golden Finance reported that on June 25, according to the Iraqi National News Agency, the Iraqi Ministry of Oil stated that reports about Iraq considering withdrawing from OPEC do not reflect the government's official stance.
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India's Trade Minister: India 'very close' to reaching trade deal with the US
Golden Finance reported on June 25 that India's Trade Minister said India and the United States are "very close" to reaching a trade agreement. The deal between India and the United States was reached on February 6, and teams have been working on the details since then.
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TD Cowen: Raised Micron Technology (MU.US) price target from $1500 to $1600.
Golden Finance reported that on June 25, TD Cowen raised the price target for Micron Technology (MU.US) from $1500 to $1600.
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Mizuho raises Micron target price from $1150 to $1375
Golden Finance reported that on June 25, Mizuho raised its target price for Micron from $1,150 to $1,375.
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