Odaily Planet Daily reports that Serenity, the self-proclaimed "white-haired stock guru," published an article on the X platform criticizing Wall Street brokerage Bernstein. He stated that Bernstein's bearish view on Kioxia, predicting a 50% drop in its stock price, was "extremely unreliable." The firm had previously given Intel a target price of only $36 in January, while Intel's stock price has since risen to around $118, demonstrating a significant deviation in its assessment. Serenity added that investors should be wary of institutional research reports targeted at retail investors, stating that such reports are not necessarily intended to help ordinary investors make correct decisions, but may instead reflect the institution's own stance and the interplay of market expectations.

According to Gate.com data, the Nikkei 225 index closed up 497.75 points, or 0.72%, at 69,902.25 on Wednesday, June 17, setting a new closing high. The South Korean KOSPI index closed up 137.64 points, or 1.58%, at 8,864.24 on Wednesday, June 17.

According to Bijie.com, WeChat Pay is collaborating with Tencent's AI agent application WorkBuddy to internally test an AI payment function. This function, which adds an AI-specific card, enables AI agents to place orders autonomously and confirm transactions securely with the user. Currently in early internal testing at Tencent, this is the first time an AI agent has been able to ensure dedicated use of funds and confirmation for every transaction on a mobile payment platform. Users can transfer funds from their WeChat Wallet to the AI-specific card through the card interface, with the spending limit depending on the card's balance. Every payment initiated by the AI agent requires user verification on their mobile phone to ensure fund security. WeChat Pay stated that it will subsequently open access to more compliant AI agent platforms.

Odaily reports that Binance Wallet has announced a partnership with RE to host the 8th Annual Pre-TGE Prime Sale, running from 8:00 PM to 10:00 PM Beijing time on June 17th. Binance Wallet users holding 255 or more Binance Alpha Points can participate through the Alpha event page. 15 Alpha Points will be deducted from the TGE account during this event.

Odaily Planet Daily reports that Bitwise Chief Investment Officer Matt Hougan stated that the market is focused on whether Bitcoin has bottomed out, but what truly matters is whether it has topped out; in his view, as long as the top hasn't arrived, Bitcoin remains an excellent buying opportunity. (Cointelegraph)