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Golden Ten Data reported on June 25 that the decrease in US initial jobless claims exceeded expectations, which may be related to last Friday's Juneteenth holiday. Samuel Thomas, an analyst at Pantheon Macroeconomics, pointed out that during the past three years, weeks affected by this holiday have previously reported declines in claims. However, the overall trend of initial jobless claims—a measure of layoffs—appears to have ticked higher since early May, in line with a slowing employment growth trend. This cautious attitude toward hiring is expected to continue, causing the unemployment rate to gradually rise to 4.7% by the end of this year.

Glonghui, June 25 — According to a research report by UBS analysts, long-term contracts signed by Micron Technology with its clients are solid enough to withstand any market downturns over the next few years. UBS analysts noted that investors may worry these contracts could be shaken if the market slows, but the minimum price set in the contracts is low enough that it would take until 2029 at the earliest—and more likely 2030—before enough supply would come online to break the price floor and make clients consider defaulting. The analysts added that Micron Technology has also received prepayments from customers, which could eventually approach $40 billion to $50 billion, serving as a reliable form of “penalty” if conditions worsen.

According to Odaily, Onchain Lens monitoring shows that two newly created wallets, possibly belonging to the same whale, deposited 8 million US dollars into Hyperliquid to open 20x leveraged long positions in Bitcoin. Currently, the positions hold 400 BTC, valued at 23.5 million US dollars.