Author: 行政
Key takeaways Bitcoin fell to $63,000 after renewed geopolitical tensions in the Middle East weakened investor risk appetite. The U.S. military’s latest strikes on Iran and heightened tensions around the Strait of Hormuz boosted demand for safe-haven assets while pressuring cryptocurrencies. Spot Bitcoin ETFs recorded $197.4 million in weekly inflows, ending an eight-week streak of net outflows, but institutional buying failed to offset broader market uncertainty. Bitcoin (BTC) traded below $63,000 on Monday as escalating geopolitical tensions in the Middle East weakened investor appetite for risk assets, overshadowing improving institutional demand through spot Bitcoin exchange-traded funds (ETFs). Although Bitcoin ETFs…
Ripple CEO Brad Garlinghouse said he and co-founder Chris Larsen seriously considered shutting the company down after the SEC sued in 2020 and distributing Ripple’s XRP holdings to shareholders.In a KU Hustle interview, Garlinghouse said they chose to fight instead because closing Ripple would have cost hundreds of jobs. He estimated the four-year legal battle cost the company about $150 million. The scenario concerned Ripple as a company, rather than a shutdown of the XRP Ledger or a loss of XRP held by the public.We almost decided to shut down the company when the SEC sued us. We we were…
Hyperliquid price holds above key support as traders watch the $61.92 level. Bitcoin’s move around $63,000 could shape HYPE’s next direction. Hyperliquid’s total open interest has climbed to nearly $11 billion. Hyperliquid (HYPE) has entered a crucial phase after retreating from its recent record high, with traders closely watching whether the token can stabilise above key support levels. The latest pullback comes as broader cryptocurrency markets react to rising geopolitical tensions, leaving Bitcoin’s next move at the centre of attention. However, while HYPE has lost momentum over the past week, the network continues to post strong trading activity, creating an…
Bitcoin falls below $63,000 as markets give Hormuz traffic just 3% chance to normalize by August
Bitcoin slipped below $63,000 as renewed fighting between the United States and Iran pushed oil prices higher, drove bond yields up, and revived concern that an extended disruption in the Strait of Hormuz could keep inflation elevated.Data from CryptoSlate shows the largest cryptocurrency traded near $62,940, down about 1.4% over 24 hours. Other leading digital assets, including Ethereum, XRP, and Solana, all posted modest losses of less than 2% during the reporting period.CoinGlass data showed that this price performance resulted in $252.9 million in cryptocurrency positions being liquidated over the previous day, with traders holding leveraged long positions accounting for…
Key takeaways Pi Network (PI) fell another 6% on Monday after dropping 7% the previous day, extending its prolonged downtrend. Retail participation continues to weaken, with Open Interest falling below $9 million, signaling declining leveraged trading activity. Analysts warn that ongoing token unlocks could continue to pressure prices if supply outpaces demand. Pi Network (PI) remained under heavy selling pressure on Monday, falling around 6% after suffering a 7% decline in the previous trading session. The continued weakness reflects fading retail participation, declining leveraged positions, and concerns that ongoing token unlocks could keep supply ahead of demand. Technical indicators also…
After MiCA deadline, majority of Binance users sent funds to self-custody not other compliant exchanges
Binance says users in the European Union sent up to 70% of the funds they withdrew after July 1 to wallets they controlled themselves.Only about 30% went to platforms regulated under the Markets in Crypto-Assets framework, according to Binance co-CEO Richard Teng.The split was reported by the company, has not been independently audited, and came without the asset value, user count, measurement window, or tracking method needed to test it.MiCA may not have backfired, but Binance’s figures point to an awkward outcome. Most departing funds appear to have bypassed regulated rivals and gone straight into users’ own wallets. Related ReadingBinance…
Bitcoin fell below $63,000 on Monday as oil rose and equity futures retreated after another round of U.S. strikes against Iran.The strikes and Bitcoin’s drop coincided, but it is not the full story. Thin weekend trading, fund flows, and crypto-specific selling were also part of the mix.CryptoSlate market data showed Bitcoin near $62,774 early Monday, down about 1.9% over 24 hours, after a low of $62,565.That leaves Bitcoin much closer to $60,000 than it was before the weekend, when the asset traded near $64,000 despite renewed fighting. Related ReadingBitcoin price shows resilience above $60,000 amid renewed US-Iran hostilitiesBitcoin has avoided a…
Michael Saylor wrote on X that “there are 110 things more dangerous to Bitcoin than spam” and argued the proposal turns a spam dispute into a consensus change. Blockstream CEO Adam Back described the proposal as a “quest to police other people” and said it conflicts with Bitcoin’s permissionless design. BIP-110 would cap data-carrying transaction fields for about one year and activate at 55 per cent block signalling; trackers put current support at around 1 per cent or lower. Michael Saylor and Blockstream chief executive Adam Back came out against BIP-110 this weekend, opposing a proposed temporary soft fork that…
DefiLlama showed FOMO’s 24-hour revenue at about US$234,500 (AU$337,700) on Sunday, ahead of Phantom’s wallet at US$123,500 (AU$177,800) and Jupiter’s aggregator at US$81,000 (AU$116,600). The lead is fluid: the apps’ 24-hour measurement windows overlap and the figures moved against each other through the day. FOMO closed a US$75 million (AU$108 million) Series B led by Index Ventures in June at a US$550 million (AU$792 million) valuation. FOMO, a social trading app on Solana launched in 2025, generated about US$234,500 (AU$337,700) in 24-hour revenue on Sunday, according to DefiLlama, ahead of Phantom’s wallet at about US$123,500 (AU$177,800) and Jupiter’s swap aggregator…
Michael Saylor posted Strategy’s Bitcoin acquisition chart on X on Sunday, captioned “Orange dots tell only part of the story.” The post came six days after Strategy disclosed the sale of 3,588 BTC for about US$216 million (AU$311 million), the largest in its history, to fund preferred-stock dividends. Strategy held 843,775 BTC and US$2.55 billion (AU$3.67 billion) in cash as of July 5, and no new transaction had been disclosed as of Sunday. Michael Saylor posted Strategy’s Bitcoin tracker chart on X on Sunday with the caption “Orange dots tell only part of the story,” six days after the company…