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


Bitcoin metrics indicate return of speculative activity in crypto
Cryptobriefing·2024/06/04 18:04

Empire Newsletter: Hidden beasts in crypto portfolios & the institutional vibe shift
The NYSE went down yesterday after a glitch caused a string of erroneous trades. Does DeFi fix this?
Blockworks·2024/06/04 17:37

Riot Platforms Reports Decline in May Bitcoin (BTC) Production, Expands Hash Rate
Blockchainnews·2024/06/04 17:31
Japanese blockchain Astar proposes $38M token burn
Cointelegraph·2024/06/04 17:22

Solana (SOL) Breaking from Bitcoin Could Be Advantageous
BeInCrypto·2024/06/04 15:34
Is Dogecoin Ready to Reach the $1 Milestone? Analysts With Interesting DOGE Price Predictions
DOGE is one of “the safest trades you can take this cycle,” one analyst argued.
Cryptopotato·2024/06/04 15:34
Santiment’s Data-Driven Look at Crypto Sentiment: What’s Hot, What’s Not
Coinedition·2024/06/04 15:13
Toncoin (TON) Price Soars Over 5% as BTC Consolidates: Is a Bullish Breakout Looming?
Coinedition·2024/06/04 15:13
US Spot Bitcoin ETF Reduced 189 Bitcoins on June 4
Cointime·2024/06/04 15:01

Breaking Down Ethereum Blobs & EIP-4844
Cointime·2024/06/04 14:58
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.
News
