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MarketRebound
2 hours ago
Binance: From June 17, Trading Volume of Alpha Token Pairs Will No Longer Count Towards Alpha Points Statistics
Binance announced on X that Binance is aware that ZKJ and KOGE have experienced significant price volatilities and our initial findings indicate the developments were a result of large holders removing on-chain liquidity, and liquidation cascade in the market. In order to maintain market fairness and stability and reduce systemic risks of concentration, Binance will adjust the calculation rules of Alpha Points. Starting from 00:00 UTC on June 17, 2025, the trading volume of trading pairs between Alpha tokens will no longer count towards Alpha Points calculation.
3 hours ago
Cryptocurrency Market Experiences $236 Million Liquidation in 24 Hours
According to BlockBeats, data from Coinglass reveals that the cryptocurrency market saw liquidations totaling $236 million over the past 24 hours. Of this amount, long positions accounted for $167 million, while short positions experienced liquidations of $68.35 million.
5 hours ago
Pakistan Explores Bitcoin as a Tool for Monetary Resilience
According to Odaily, Pakistan's Finance Minister Muhammad Aurangzeb recently met with Michael Saylor, the Executive Chairman of Strategy, formerly known as MicroStrategy. The discussion focused on the potential use of Bitcoin as a tool for enhancing monetary resilience.
6 hours ago
Echo Protocol Recovers Hacked Social Media Account, Ensures User Security
According to Foresight News, Echo Protocol announced the successful recovery of its official X account (@EchoProtocol_) this morning, following a brief hacking incident. The team has regained full control of the account, which is now operating normally. The account was compromised yesterday by unidentified individuals who posted false information and suspicious links unrelated to the project. Echo Protocol promptly activated emergency response measures and collaborated with X officials to regain control. Echo Protocol assured that the incident only affected the social media account, with the protocol itself functioning normally. User funds and data remain secure, and no anomalies were detected in the platform's contracts. The team plans to investigate the source of the hack further and may pursue legal action if necessary. Additionally, Echo Protocol has strengthened internal account protection measures and urged community members to remain vigilant against suspicious links and unauthorized actions. Echo Protocol is focused on advancing decentralized applications within the Bitcoin ecosystem, aiming to enhance smart contract scalability and asset interoperability for BTC.
7 hours ago
Strategy's Bitcoin Tracker Update Sparks Speculation on Holdings
According to PANews, Michael Saylor, the Executive Chairman of Strategy, formerly known as MicroStrategy, has once again shared information about Bitcoin Tracker on the X platform. Historically, Saylor's updates on Bitcoin Tracker are followed by disclosures regarding Strategy's increased Bitcoin holdings the next day.
7 hours ago
Bitcoin Traders Anticipate Continued Bull Market
According to Odaily, despite the market's sideways movement, Bitcoin traders remain optimistic about the cryptocurrency's price trajectory. The prevailing sentiment within the community is not bearish, with many believing that the bull market is far from over. There is a consensus that Bitcoin is preparing for a new phase of price discovery. Trader Alan Tardigrade has observed that Bitcoin is following an ascending broadening wedge pattern. Historically, since 2023, this signal has led to Bitcoin price increases of 49%, 125%, and 68%. Another trader, Merlijn, highlights that Bitcoin is currently exhibiting a classic price bottom structure in the form of an inverted head and shoulders pattern, with a near-term target price potentially reaching $140,000.
7 hours ago
Bitcoin Adoption in Corporate Treasury Sparks Debate Among Industry Leaders
According to Odaily, David Bailey, President of Bitcoin Magazine, recently shared on the X platform that companies incorporating Bitcoin into their corporate treasury are outpacing traditional firms that do not hold Bitcoin. He emphasized that corporate liquidity is increasingly tied to Bitcoin, suggesting that companies risk obsolescence if they fail to adopt this strategy. In response, Adam Back, co-founder and CEO of Blockstream, commented that firms embracing Bitcoin treasury strategies are gaining a competitive edge over publicly listed companies. He warned that ignoring this significant opportunity for capital reallocation could leave businesses behind, stressing that it is not merely an option but a necessity in the current economic landscape.
9 hours ago
Ripple and SEC Seek Settlement in Ongoing Legal Battle
According to Odaily, Ripple and the U.S. Securities and Exchange Commission (SEC) are aiming to reach a settlement after nearly five years of litigation. Both parties are attempting to persuade Judge Analisa Torres to amend her ruling, lift the injunction against Ripple, and reduce the $125 million fine to $50 million, citing 'special circumstances' as justification for the request. Cryptocurrency lawyer John Deaton estimates a 70% chance that Judge Torres will approve a victory for Ripple. He suggests that the judge may prefer to issue a final judgment rather than initiate another round of litigation.
10 hours ago
Joseph Robin Discusses Ethereum Amid Improved U.S. Regulatory Environment
According to PANews, Joseph Robin, founder of Consensys and co-founder of Ethereum, addressed community concerns about his recent frequent discussions on Ethereum (ETH). Robin explained that his previous reticence was due to advice from former U.S. Securities and Exchange Commission Chairman Gary Gensler, who recommended against public discussions. Additionally, regulatory scrutiny of Ethereum and the decentralized ecosystem contributed to his earlier silence. However, Robin noted that the regulatory environment in the United States has improved, allowing for more open dialogue. He emphasized his commitment to transparency and encouraged the community to express concerns about Ethereum, Consensys, and decentralized protocols to collaboratively address issues.
10 hours ago
Binance Market Update: Crypto Market Trends | June 15, 2025
According to CoinMarketCap data, the global cryptocurrency market cap now stands at $3.27T, down by 0.26% over the last 24 hours.Bitcoin (BTC) traded between $104,300 and $106,129 over the past 24 hours. As of 09:30 AM (UTC) today, BTC is trading at $104,928, down by 0.08%.Most major cryptocurrencies by market cap are trading mixed. Market outperformers include T, THE, and ARPA, up by 27%, 9%, and 9%, respectively.Top stories of the day:Federal Reserve Expected to Maintain Interest Rates in JuneBitcoin's Growing Role in Investment Portfolios, Says Coatue Management FounderBrazil Implements New Tax Policy on Cryptocurrency ProfitsGlobal Markets React to Escalating Middle East TensionsBitcoin Rebounds as Young Investors Show Renewed Confidence Ripple and SEC Seek Settlement in Ongoing Legal Battle Cryptocurrency Remittances Surge in Latin America, Reports Show Key Economic Events to Watch Next Week Bitcoin Mining Difficulty Decreases Slightly Hong Kong to Release Second Virtual Asset Policy Statement in 2025Market movers:ETH: $2513.24 (-0.68%)XRP: $2.1598 (-0.33%)BNB: $646.22 (-0.56%)SOL: $144.78 (-0.42%)DOGE: $0.17437 (-1.22%)TRX: $0.2717 (+1.00%)ADA: $0.6232 (-1.69%)WBTC: $104931.72 (-0.04%)TRUMP: $9.92 (-2.84%)SUI: $2.9561 (-1.89%)
10 hours ago
Tron Blockchain Sees USDT Address Freeze
According to PANews, Whale Alert has reported the freezing of an address on the Tron blockchain holding 12,369,162 USDT. Details surrounding the reason for the freeze have not been disclosed.
10 hours ago
Bitcoin(BTC) Drops Below 105,000 USDT with a 0.05% Decrease in 24 Hours
On Jun 15, 2025, 09:11 AM(UTC). According to Binance Market Data, Bitcoin has dropped below 105,000 USDT and is now trading at 104,952.3125 USDT, with a narrowed 0.05% decrease in 24 hours.
10 hours ago
Binance to Launch SynFutures Trading Competition with Token Rewards
According to the announcement from Binance, the platform is set to launch the SynFutures Trading Competition on Binance Alpha, offering participants the chance to earn exclusive token rewards. The competition will run from 2025-06-15 08:00 (UTC) to 2025-06-29 08:00 (UTC). Participants can trade F tokens using their Binance Wallet (Keyless) or via Binance Alpha to qualify for the rewards. The competition is open to all users eligible to trade Binance Alpha tokens. Participants will be ranked based on their total purchase volume of F tokens during the promotion period. The top 6,940 users will share a total of 49,274,000 F tokens, with each receiving 7,100 F tokens. Only trades executed through Binance Wallet (Keyless) or Binance Alpha will be considered, and third-party dApp transactions are excluded. The competition focuses solely on cumulative purchases, with selling transactions not counting towards the ranking. There are no volume caps, allowing participants to trade without restrictions. However, transactions related to token bridging are not eligible. To participate, users must update their Binance App to the latest version, create and back up a Binance Wallet (Keyless), and trade F tokens during the promotion period. After the competition ends, rankings will be automatically calculated, and eligible winners will receive their rewards in their Binance Alpha accounts by 2025-07-13 16:00:00 (UTC). Binance reserves the right to disqualify participants involved in dishonest behavior or those who tamper with the program code. The platform may also amend the competition terms at its discretion. Users are advised to review the Binance Wallet Terms of Use and conduct their own research before participating.
10 hours ago
LayerZero Foundation Announces Fee Conversion Vote
According to Foresight News, the LayerZero Foundation has announced the commencement of its second fee conversion referendum on June 20. ZRO token holders will vote on whether to activate the LayerZero protocol fees. A 'yes' vote will activate the fees, while a 'no' vote will keep them inactive. If activated, each LayerZero message will incur a protocol fee, which will be used to purchase and burn ZRO tokens. LayerZero noted that due to the overwhelming support in the first referendum, the quorum has been reduced. Only holders of circulating ZRO tokens, totaling 109 million, are eligible to vote, with a quorum set at 50.40%. If this threshold is surpassed, the majority vote will prevail. Voting will utilize the entire ZRO balance from a single chain. The voting period will conclude on June 27, 2025, and the next referendum is scheduled for six months later.
10 hours ago
Cryptocurrency Funding Rates Indicate Market Neutrality
According to BlockBeats, data from Coinglass reveals that the funding rates of major centralized and decentralized exchanges are gradually returning to neutral. This trend is observed across key cryptocurrencies, as indicated by the current funding rates. Funding rates are fees set by cryptocurrency trading platforms to maintain balance between contract prices and the prices of underlying assets, typically applied to perpetual contracts. This mechanism facilitates the exchange of funds between long and short traders, without the platform charging this fee, to adjust the cost or profit of holding contracts, ensuring contract prices remain close to the asset prices. A funding rate of 0.01% signifies a baseline rate. When the rate exceeds 0.01%, it indicates a bullish market sentiment. Conversely, a rate below 0.005% suggests a bearish market outlook.
10 hours ago
Cryptocurrency Remittances Surge in Latin America, Reports Show
According to PANews, recent reports by Chainalysis and AUSTRAC reveal a significant increase in cryptocurrency remittances to Latin America, with a nearly 40% rise in users sending digital currencies to the region. The reports highlight that cryptocurrency ATMs can streamline the remittance process by reducing intermediaries, allowing users with limited financial literacy to conduct transactions through physical interactions. As stablecoins gain mainstream acceptance, there is potential for further growth in this sector. Globally, there are over 38,000 cryptocurrency ATMs, with the United States accounting for more than 30,000 of these machines. Data from Coin ATM Radar indicates that Mexico, Puerto Rico, Panama, Colombia, and Argentina are the Latin American countries with the highest number of cryptocurrency ATMs, excluding El Salvador, which has over 200 ATMs.
11 hours ago
Bitcoin Rebounds as Young Investors Show Renewed Confidence
According to PANews, Bitcoin prices have recovered from a sell-off triggered by events in the Middle East, as young investors express increased long-term confidence in its global appeal. Jeff Park, a portfolio manager at Bitwise Asset Management, noted that young investors are now aiming to "hold a full Bitcoin" as a new wealth goal, replacing traditional property investments.
11 hours ago
Hong Kong Advances Stablecoin Development with New Regulations
According to BlockBeats, Hong Kong's Financial Secretary, Paul Chan, highlighted the impact of digital asset growth on financial institutions in his recent essay, "Accelerating Progress and Steady Sailing." Last year, local banks in Hong Kong saw digital asset and related product transactions reach a total of HKD 17.2 billion, with digital assets under bank custody amounting to HKD 5.1 billion by the end of the year.The "Stablecoin Ordinance" has been passed by the Legislative Council and will take effect on August 1. This move aims to cautiously advance the development of stablecoins, offering a new paradigm for the global stablecoin market. It also reflects the dual functions of a firewall and testing ground under the "one country, two systems" framework, providing valuable experience and reference for national financial development.Hong Kong has adopted a more open approach, allowing licensed issuers to choose different fiat currencies as the anchor currency for issuing stablecoins. This strategy is expected to attract more global institutions to issue stablecoins in Hong Kong based on practical application scenarios, significantly enhancing the liquidity of related activities and the competitiveness of the Hong Kong market.
11 hours ago
Federal Reserve Expected to Maintain Interest Rates in June
According to BlockBeats, data from CME's FedWatch indicates that there is a 0.4% probability of the Federal Reserve cutting interest rates by 25 basis points at the upcoming FOMC meeting, scheduled for June 19 at 2 a.m. UTC+8. The likelihood of rates remaining unchanged stands at 99.6%.Looking ahead to July, the probability of a cumulative 50 basis point rate cut is 0.1%, while the chance of a 25 basis point reduction is 23%. The probability of maintaining the current rates is 76.9%.
13 hours ago
AI-Powered Crypto Startup TrueNorth Secures $1 Million in Angel Funding
According to PANews, AI-driven crypto startup TrueNorth has raised $1 million in a strategic angel funding round. The investment was supported by notable figures including Bryan Pellegrino from LayerZero, Jeff Feng from SEI, and Jordi Alexander from Selini Capital. TrueNorth aims to develop a highly personalized digital asset discovery platform. Currently in closed testing, the platform utilizes autonomous agents to monitor blockchain activities, social media, and macroeconomic indicators, generating high-signal investment tips tailored for individual users.
Announcements
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SynFutures Trading Competition: Trade SynFutures (F) and Share about $550K of Rewards
06/15/2025
Update on the Collateral Ratio Under Portfolio Margin and the Leverage & Margin Tiers of USDⓈ-M Perpetual Contracts
06/14/2025
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