News
Stay up to date on the latest crypto trends with our expert, in-depth coverage.
The Bankless founder, who has already liquidated all ETH holdings, expresses support for Ethlabs, stating that it "represents the brightest future for Ethereum."
Odaily reported that David Hoffman, founder of Bankless who had previously sold all his ETH holdings, posted on X regarding the newly established Ethlabs: “The Ethereum Foundation (EF) has intentionally left a power vacuum so that new organizational structures can step up to influence the development direction of Ethereum.
I believe the direction led by Ethlabs represents the brightest future for Ethereum. I’m very pleased and, as always, will continue to support them on their journey forward.”
Earlier, David Hoffman publicly stated in late May that he had sold all his ETH. Last night, several former Ethereum Foundation researchers announced the establishment of the non-profit organization Ethlabs, aiming to facilitate Ethereum's next phase of growth. Bitmine, SharpLink and Joe Lubin have all voiced their support.
Odaily reported that David Hoffman, founder of Bankless who had previously sold all his ETH holdings, posted on X regarding the newly established Ethlabs: “The Ethereum Foundation (EF) has intentionally left a power vacuum so that new organizational structures can step up to influence the development direction of Ethereum.
I believe the direction led by Ethlabs represents the brightest future for Ethereum. I’m very pleased and, as always, will continue to support them on their journey forward.”
Earlier, David Hoffman publicly stated in late May that he had sold all his ETH. Last night, several former Ethereum Foundation researchers announced the establishment of the non-profit organization Ethlabs, aiming to facilitate Ethereum's next phase of growth. Bitmine, SharpLink and Joe Lubin have all voiced their support.
Title: Title: Report: Consumer-grade LPDDR5X Prices Surge 89% in Q2, AI Memory Squeeze Effect Spreads to Mobile and PC Markets Content:
BlockBeats News, June 23rd. Market research firm SigmaIntell stated on the 22nd that due to a supply-demand imbalance in memory, consumer storage product prices have risen across the board in the second quarter of this year. In particular, the prices of low-power DRAM products saw significant increases, with a 75% month-on-month increase for LPDDR4X 4GB and an 89% month-on-month increase for LPDDR5X 12GB.
The background of this price hike is that LPDDR memory has started to be used in the next-generation server GPU platforms. As NVIDIA's Vera Rubin and other AI computing platforms adopt this low-power memory, supply competition has intensified further, and memory manufacturers have expanded the price hikes to include consumer-grade memory used in smartphones and PCs. SigmaIntell stated that some customers have already accepted the price hike, and these changes have been reflected in the market prices.
The supply-side pressure comes from capacity reallocation. SigmaIntell indicated that in the second quarter, storage manufacturers prioritized high-value-added products such as HBM, server DRAM, and enterprise SSDs, leading to a tightening supply of consumer-grade memory. Due to rising costs, some smartphone and PC brands are adjusting their memory orders.
This also implies that the rate of DRAM price increases in the second half of the year may slow down. Compared to mid-to-high-end products, the demand for memory in low-end terminals is expected to cool more significantly.
Currently, semiconductor wafer resources continue to be concentrated on high-bandwidth memory (HBM), resulting in a relative compression of consumer-grade DRAM capacity. While HBM maintains a relatively stable price through annual customer contracts, the supply-demand imbalance remains severe. There is also an industry-wide trend of price increases in general server DRAM, with cloud providers continuing to replenish their DRAM inventory, keeping channel inventories at around two to three weeks' worth.
As a result, the consumer electronics market is under pressure. The expansion of high-value-added memory products, limited additional capacity construction, and low inventory levels have led to a continued shortage of consumer-grade DRAM.
The NAND market is also seeing ongoing price increases. SigmaIntell stated that SSD prices rose by approximately 50% month-on-month in the second quarter of this year. Demand for enterprise NAND products remains strong, and price fluctuations have not weakened purchasing intentions. The expansion of AI clusters and AI agent servers is driving demand for high-performance, high-capacity storage devices.
Price hike pressures have also spread to mobile and PC NAND. UFS prices have seen the highest increase of up to 100% due to the expansion of enterprise SSD demand squeezing the supply. At the same time, the reduced supply of low-capacity eMMC and other low-end NAND has tightened the supply-demand situation for consumer-grade NAND as well.
Overall, the expansion of AI infrastructure is changing the price transmission path of the storage industry. The shortage, which used to mainly focus on HBM and server DRAM, is now being passed down to the mobile, PC, and consumer-grade storage markets through capacity allocation and wafer resource squeeze. For end brands, the increase in memory and flash storage costs may become a key factor in profit margin and product pricing in the second half of the year.
BlockBeats News, June 23rd. Market research firm SigmaIntell stated on the 22nd that due to a supply-demand imbalance in memory, consumer storage product prices have risen across the board in the second quarter of this year. In particular, the prices of low-power DRAM products saw significant increases, with a 75% month-on-month increase for LPDDR4X 4GB and an 89% month-on-month increase for LPDDR5X 12GB.
The background of this price hike is that LPDDR memory has started to be used in the next-generation server GPU platforms. As NVIDIA's Vera Rubin and other AI computing platforms adopt this low-power memory, supply competition has intensified further, and memory manufacturers have expanded the price hikes to include consumer-grade memory used in smartphones and PCs. SigmaIntell stated that some customers have already accepted the price hike, and these changes have been reflected in the market prices.
The supply-side pressure comes from capacity reallocation. SigmaIntell indicated that in the second quarter, storage manufacturers prioritized high-value-added products such as HBM, server DRAM, and enterprise SSDs, leading to a tightening supply of consumer-grade memory. Due to rising costs, some smartphone and PC brands are adjusting their memory orders.
This also implies that the rate of DRAM price increases in the second half of the year may slow down. Compared to mid-to-high-end products, the demand for memory in low-end terminals is expected to cool more significantly.
Currently, semiconductor wafer resources continue to be concentrated on high-bandwidth memory (HBM), resulting in a relative compression of consumer-grade DRAM capacity. While HBM maintains a relatively stable price through annual customer contracts, the supply-demand imbalance remains severe. There is also an industry-wide trend of price increases in general server DRAM, with cloud providers continuing to replenish their DRAM inventory, keeping channel inventories at around two to three weeks' worth.
As a result, the consumer electronics market is under pressure. The expansion of high-value-added memory products, limited additional capacity construction, and low inventory levels have led to a continued shortage of consumer-grade DRAM.
The NAND market is also seeing ongoing price increases. SigmaIntell stated that SSD prices rose by approximately 50% month-on-month in the second quarter of this year. Demand for enterprise NAND products remains strong, and price fluctuations have not weakened purchasing intentions. The expansion of AI clusters and AI agent servers is driving demand for high-performance, high-capacity storage devices.
Price hike pressures have also spread to mobile and PC NAND. UFS prices have seen the highest increase of up to 100% due to the expansion of enterprise SSD demand squeezing the supply. At the same time, the reduced supply of low-capacity eMMC and other low-end NAND has tightened the supply-demand situation for consumer-grade NAND as well.
Overall, the expansion of AI infrastructure is changing the price transmission path of the storage industry. The shortage, which used to mainly focus on HBM and server DRAM, is now being passed down to the mobile, PC, and consumer-grade storage markets through capacity allocation and wafer resource squeeze. For end brands, the increase in memory and flash storage costs may become a key factor in profit margin and product pricing in the second half of the year.
The total net inflow of XRP spot ETF in the United States reached $5.3091 million in one day.
Foresight News reports, according to SoSoValue data, yesterday (Eastern Time, June 22) the total single-day net inflow to XRP spot ETFs was 5.3091 million US dollars. Yesterday, only Bitwise XRP ETF (XRP) recorded a net inflow, with a single-day net inflow of 5.3091 million US dollars. Currently, the historical total net inflow has reached 482 million US dollars.
As of the time of publication, the total net asset value of XRP spot ETFs is 993 million US dollars, with an XRP net asset ratio of 1.41%. The historical cumulative net inflow has reached 1.452 billion US dollars.
Foresight News reports, according to SoSoValue data, yesterday (Eastern Time, June 22) the total single-day net inflow to XRP spot ETFs was 5.3091 million US dollars. Yesterday, only Bitwise XRP ETF (XRP) recorded a net inflow, with a single-day net inflow of 5.3091 million US dollars. Currently, the historical total net inflow has reached 482 million US dollars.
As of the time of publication, the total net asset value of XRP spot ETFs is 993 million US dollars, with an XRP net asset ratio of 1.41%. The historical cumulative net inflow has reached 1.452 billion US dollars.
Eigen Labs: Distributed AI Computing Network Darkbloom is Now Live on OpenRouter
BlockBeats News, June 23rd, according to official sources, the distributed AI computing network Darkbloom has officially launched OpenRouter. Darkbloom aims to promote the development of an open, distributed, and user-driven computing network, where any user with a Mac device can participate in providing computing power.
The first batch of models launched include gpt-oss-20b and Gemma 426B, and the related computing power will be freely available to OpenRouter users. The official announcement also stated that Mac users can now join the Darkbloom network and contribute their idle computing resources.
According to market data from an exchange, possibly influenced by this news, EIGEN has seen a maximum increase of 55% in the past five days.
BlockBeats News, June 23rd, according to official sources, the distributed AI computing network Darkbloom has officially launched OpenRouter. Darkbloom aims to promote the development of an open, distributed, and user-driven computing network, where any user with a Mac device can participate in providing computing power.
The first batch of models launched include gpt-oss-20b and Gemma 426B, and the related computing power will be freely available to OpenRouter users. The official announcement also stated that Mac users can now join the Darkbloom network and contribute their idle computing resources.
According to market data from an exchange, possibly influenced by this news, EIGEN has seen a maximum increase of 55% in the past five days.
According to Kuai Technology, even ancient DDR2 memory is experiencing soaring prices in the DDR5 era.
Analyst: Malaysia's Diesel Subsidy Reform May Have Limited Impact on Inflation
Piper Sandler raises Synopsys rating to Overweight, raises target price to $550
Progress Made in Middle East Peace Talks as Aluminum Prices Hit Three-Month Low and Supply Shocks Gradually Resolve
SPCX shows a MACD bullish divergence on the 10-minute chart—bottoming out or just a rebound?
Serenity: Photonics and CW lasers may become the next key investment themes for AI infrastructure
BlockBeats news, on June 23, "White Hair" Serenity posted on social media:
I believe the photonics theme, combined with the CW laser bottleneck, is absolutely top-tier. It's as if the market has short-term amnesia, forgetting how LITE went from $3 billion to over $65 billion from 2024 till now. Because of NVDA causing the EML bottleneck, it forced an architectural shift.
We are indeed seeing the same scenario now — AMD and other cloud service providers are snapping up the remaining share through long-term contracts for large CW lasers and optical components. Goldman Sachs Research expects the optics TAM to be about 9 to 10 times higher by 2028, reaching $154 billion; while CPO TAM has grown from nearly zero to $91 billion in just two and a half years.
Don't just disappear because of a month of trading volatility. AAOI's market capitalization is about $13 billion, AAOI's market capitalization is about $13 billion, SIVE about $3 billion, and other CW laser players look very valuable strategically. Then, there may be some new small trends in the next 1-2 years, such as microLED or quantum dots — we’ll see the same thing repeat. I think Sumitomo's prediction regarding CW laser share and silicon photonics becoming a mainstream/dominant architecture should be correct. Personally, I am just focused on that bottleneck, as you’ve seen with SOI, SOI, TSEM, SIVE, and other stocks.
BlockBeats news, on June 23, "White Hair" Serenity posted on social media:
I believe the photonics theme, combined with the CW laser bottleneck, is absolutely top-tier. It's as if the market has short-term amnesia, forgetting how LITE went from $3 billion to over $65 billion from 2024 till now. Because of NVDA causing the EML bottleneck, it forced an architectural shift.
We are indeed seeing the same scenario now — AMD and other cloud service providers are snapping up the remaining share through long-term contracts for large CW lasers and optical components. Goldman Sachs Research expects the optics TAM to be about 9 to 10 times higher by 2028, reaching $154 billion; while CPO TAM has grown from nearly zero to $91 billion in just two and a half years.
Don't just disappear because of a month of trading volatility. AAOI's market capitalization is about $13 billion, AAOI's market capitalization is about $13 billion, SIVE about $3 billion, and other CW laser players look very valuable strategically. Then, there may be some new small trends in the next 1-2 years, such as microLED or quantum dots — we’ll see the same thing repeat. I think Sumitomo's prediction regarding CW laser share and silicon photonics becoming a mainstream/dominant architecture should be correct. Personally, I am just focused on that bottleneck, as you’ve seen with SOI, SOI, TSEM, SIVE, and other stocks.