24/7 Blockchain industry dynamics and breaking crypto news
Bitcoin has broken below the critical $63,000 support level, currently trading around $62,968 with a 24-hour decline of 1.81%. Increased market volatility underscores the need for cautious risk management.
Read MoreOn-chain data reveals a newly created wallet opened a highly leveraged long position on CL, now facing over $2.5 million in unrealized losses. The position is dangerously close to liquidation, with only about $2 of price buffer remaining, posing significant risk in volatile market conditions.
Read MoreBarclays strategists have raised their 2026 S&P 500 target to 7,800 from 7,650, citing a favorable risk balance. They see the index reaching 8,800 by 2027. With less Fed support, future gains will hinge more on earnings delivery and the visibility of AI-related capital expenditures.
Read MoreThree major crypto advocacy groups urged Congress to pass the mining and staking tax clarity bill without amendments. The bill aims to solve liquidity issues by allowing tax deferral, but faces opposition from banking groups and internal proposed changes.
Read MoreSpot silver plunged 4% to $62.47 per ounce on June 23, marking a sharp sell-off. The decline was driven by a stronger dollar, shifting Fed policy expectations, and technical breakdowns. Traders are now watching key support levels and upcoming economic data.
Read MoreA sharp plunge in South Korea's KOSPI index triggered a market-wide trading halt. This article analyzes the underlying causes of this volatility, examines the impact of global capital flows on emerging markets, and discusses key economic challenges facing South Korea.
Read MoreCoinUp clarified that Zhu Pan is not involved in platform operations but represents a listed project. Recent CPX price volatility stemmed from concentrated market sell-offs, with causes under investigation. The platform confirmed system security and user asset safety, urging reliance on official information.
Read MoreOn June 23, Japan's benchmark Nikkei 225 index breached the key 71,000-point level, with its intraday decline widening to over 2%. The sharp sell-off signals a notable shift in market sentiment.
Read MoreKey midday updates: US Senate passes 4-year CBDC ban; Korean KOSPI 200 futures trigger halt mechanism; potential Bitcoin upside if Fed slows hikes; plus AI model launch, miner settlement, and regulatory consultations.
Read MoreThe U.S. House Financial Services Committee released its July hearing schedule, featuring a field hearing on the CLARITY Act in New York on July 17. This session will focus on how the legislation could foster innovation in digital assets, fintech, and AI, marking a significant regulatory event.
Read MoreDeutsche Bank predicts gold will reach $4300/oz in Q3 and $4800 in Q4, driven by macroeconomic uncertainty, geopolitical risks, and sustained central bank buying, signaling a potential historic rally.
Read MoreCboe is considering converting its Bitcoin and Ethereum futures products into perpetual contracts. This move highlights traditional finance's push to keep pace with crypto-native innovations, bringing a popular trading instrument from crypto exchanges into the regulated financial mainstream.
Read MoreBinance co-founder Yi He publicly disclosed that CoinUp operator Zhu Pan repeatedly impersonated others for fraud. She revealed Zhu attempted to scam her by posing as a third party and even impersonated her to scam Tron founder Justin Sun, highlighting serious identity fraud issues in crypto.
Read MoreBIT Official analysis suggests Bitcoin's recent pullback is driven by tightening macro liquidity and shifting Fed policy, not the AI narrative. The correlation with software ETFs highlights sensitivity to real rates and dollar liquidity.
Read MoreBinance has announced the launch of the ARX USDT-Margined Perpetual Contract on June 23rd at 12:45 UTC+8. The new contract supports leverage of up to 20x, expanding the exchange's derivatives offerings and providing traders with enhanced strategies for the ARX asset.
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