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Stay up to date on the latest crypto trends with our expert, in-depth coverage.


BlockDAG Dominates Layer 1 After Keynote 2 Release; More on Polkadot and Litecoin
DailyCoin·2024/06/06 19:08
The Sandbox Secures $20M Funding at $1B Valuation Cap
DailyCoin·2024/06/06 19:08
Franklin Templeton considers new altcoin-focused crypto fund
Cointelegraph·2024/06/06 18:34
Ether futures open interest and options trading volume at all-time high - are bulls at risk?
Cointelegraph·2024/06/06 18:25
Perpetual futures on Telegram: Storm Trade joins Cointelegraph Accelerator
Cointelegraph·2024/06/06 18:19

Bonk Investors Rush to This Solana-Based Coin – Could It Skyrocket 1,000%?
Cryptonews·2024/06/06 17:58

Beercoin Trends on CoinGecko as Play-to-Earn Dogecoin Alternative Raises $2.3 Million
Cryptonews·2024/06/06 17:58

European Central Bank, Bank of Canada Cut Interest Rates: Crypto Market Impact
BeInCrypto·2024/06/06 17:46

Franklin Templeton exploring crypto fund for tokens other than bitcoin and ether: report
The issuer of a spot bitcoin ETF, Franklin Templeton is mulling the launch of a new crypto fund that would invest in tokens other than BTC and ETH, according to a report.The firm is also considering offering staking rewards as part of the new fund, the report said.
The Block·2024/06/06 17:35

As bitcoin halving’s effects take hold, acquisition deals — and stock prices — heat up
Earlier this week, miner Core Scientific signed a series of 12-year contracts with AI Hyperscaler CoreWeave.JPMorgan analysts believe the news makes the entire sector more attractive to potential buyers.Iris Energy and TeraWulf shares are up more than 30% over the past five trading days, while Core Scientific surged 40% on Tuesday alone.
The Block·2024/06/06 17:35
Flash
10:50
Ansem: Stock Index and Storage Sector May Have Peaked in the Short Term, Expecting Bullish Divergence in the Crypto MarketBlockBeats News, June 27th - Cryptocurrency KOL Ansem posted, stating that he still maintains his previous opinion, believing that the stock market index and storage sector have likely peaked in the short term at their current levels. The third quarter will begin next week, and the market may experience volatility early in the third quarter. He believes that the crypto market, especially BTC and SOL, has already priced in many bearish factors in advance, so he expects a potential bullish divergence in price action. However, if the stock market weakens early in the third quarter and triggers a selloff in the crypto market, he would not be surprised.
Ansem mentioned that HYPE is expected to continue to perform well but may also experience a pullback along with the overall market. He cautioned that the worst-case scenario is being liquidated at the bear market bottom before the rebound of all assets, so caution is advised when longing with leverage. For spot trading, he believes that the current situation is close to the bottom, and it is not worth overtrading. The third quarter will be a suitable stage for accumulating positions.
10:38
The United Maritime Information Center has raised the threat level for the Strait of Hormuz.Golden Ten Data reported on June 27 that on the 27th local time, the United Kingdom Maritime Trade Operations forwarded an announcement from the Joint Maritime Information Center, stating that on the 27th, the Joint Maritime Information Center raised the maritime security threat level in the Strait of Hormuz from "moderate" to "elevated".
10:35
If Bitcoin surpasses $62,000, the mainstream CEX's cumulative short liquidation volume will reach $915 millionBlockBeats News, June 27th, according to Coinglass data, if Bitcoin surpasses $62,000, the cumulative short liquidation intensity of mainstream CEXs will reach $915 million.
Conversely, if Bitcoin falls below $59,000, the cumulative long liquidation intensity of mainstream CEXs will reach $697 million.
BlockBeats Note: The liquidation chart does not show the exact number of contracts to be liquidated or the exact value of contracts to be liquidated. The bars on the liquidation chart actually show the importance of each liquidation cluster relative to adjacent liquidation clusters, i.e., intensity.
Therefore, the liquidation chart shows to what extent the price of the underlying asset will be affected when it reaches a certain level. A higher "liquidation bar" indicates that the price will face a stronger reaction due to a liquidity cascade.
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