24/7 Blockchain industry dynamics and breaking crypto news
Sharp market volatility triggers another wave of liquidations. On-chain data reveals a prominent whale had its BTC and XRP long positions forcibly closed during the downturn, resulting in an estimated total loss of $8.42 million, highlighting the extreme risks of high-leverage trading.
Read MoreThe major Russian Norsi refinery was reportedly forced to halt operations following a drone attack on Wednesday, June 25th. This disruption impacts domestic fuel supply and adds new pressure to the already tense global energy market, highlighting the growing security risks to critical energy infrastructure.
Read MoreA whale linked to BIT holds significant long positions in ETH and BTC, now facing over $92 million in unrealized losses due to recent market declines. This analysis explores the position size and its implications.
Read MoreMicroStrategy's preferred stock $STRC plummeted to a record low of $75, while its common stock $MSTR broke below the $90 mark. This dual decline intensifies market concerns over its financial structure and Bitcoin-related risks, putting significant pressure on investor sentiment.
Read MoreEthereum has broken below the crucial $1600 support level, currently trading at $1598.76 with a 3.21% loss in 24 hours. Heightened market volatility underscores the need for cautious risk management.
Read MoreBank of America Global Research has raised its price target on Micron Technology from $1500 to $1550, reflecting strong confidence in the memory chip giant's prospects. The move is driven by improving supply-demand dynamics and growing demand from AI and other new technologies.
Read MoreBitcoin has breached the key $61,000 level amid heightened volatility, currently trading at $60,990.4 with a 1.27% drop in 24 hours. The increased market uncertainty calls for close monitoring and prudent risk management from investors.
Read MoreSpot silver prices surged over 2% on June 25, closing at $58.70 per ounce and significantly outperforming gold. This move is attributed to a combination of market factors, presenting potential opportunities for investors.
Read MoreSpot silver prices posted a notable intraday gain of 1.00%, reaching $58.05 per ounce. This article analyzes the market forces behind this rally and its potential implications for investors.
Read MoreGlobal memory chip shortages have driven Apple to increase prices on select Mac and iPad models. This article analyzes the supply chain pressures behind the decision and its impact on the consumer electronics market.
Read MoreUS stock futures surged after the latest PCE inflation data largely met expectations, with core measures cooling. This bolstered market hopes for a less aggressive Federal Reserve, fueling a pre-market rally.
Read MoreThe U.S. core PCE price index surged to 4.1% year-on-year in May, breaching the 4% threshold for the first time in three years, signaling heightened inflationary pressures. Robust consumer spending and geopolitical risks are increasing expectations for a Federal Reserve rate hike later this year, with markets eyeing a potential move as early as September.
Read MoreWorldcoin's developer Tools for Humanity is investigating alleged fund misuse to manipulate token prices and a Thai partner linked to an international scam, while its iris-scanning operations face regulatory scrutiny globally.
Read MoreIran's Parliament Speaker Mohammad Bagher Ghalibaf has refuted U.S. claims that Tehran would use unfrozen assets to purchase American agricultural goods, calling the assertions "incorrect and misleading." The statement highlights ongoing tensions over financial arrangements between the two nations.
Read MoreA UK survey reveals more than half of wealth advisors admit client cryptocurrency holdings fall outside their effective oversight. This highlights the knowledge and compliance gaps traditional firms face with digital assets, posing potential risks to client portfolios.
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