Matrixport: Ethereum prices are currently driven mainly by futures positions, and are likely to continue to be under pressure in the future
Matrixport released a daily analysis stating, "Although Bitcoin has attempted to rebound, the likelihood of a sustained breakthrough is not high from a seasonal trend perspective. To maintain technical validity, Bitcoin needs to stand above $105,000. However, the bigger concern lies with Ethereum - as we pointed out in our previous report, leveraged traders have pushed its price higher in the absence of fundamental support.We still believe that Ethereum's price is mainly driven by futures positions, making it more susceptible to downside risks. This position risk also explains the sharp drop in Ethereum over the past few days. With market leverage still at high levels, the possibility of continued price pressure in the future remains high."
2025-06-23 16:06:24
Trader AguilaTrades lost more than $35 million in the past two weeks and never took profits during the period of floating profits
according to Lookonchain monitoring, trader AguilaTrades has accumulated losses of over 35 million US dollars in the past two weeks. After three consecutive long trades on BTC resulted in losses, AguilaTrades has now switched to short positions, and is currently floating a loss of 2.33 million US dollars. Looking back at AguilaTrades' trades, he always goes long before the price rises, but continuously adds to his position during the price increase, never taking profits. When the price falls close to his liquidation level, he is forced to close out at a loss.
2025-06-23 16:06:22
Distributed computing power financial protocol Koala is officially launched
The ecological project Koala Protocol jointly initiated by JuCoin Exchange and JuChain Public Chain Koala Crypto Lab has officially launched.
2025-06-23 16:06:21
Data: Today's crypto derivatives risk index is 56, still in the "neutral volatility" range
today's cryptocurrency derivative risk index is 56 (yesterday was 60 "neutral volatility"), still in the "neutral volatility" range.
2025-06-23 15:06:41
Data: Last week, listed companies increased their holdings by 12,400 bitcoins, and mining produced 3,150 bitcoins
according to Bitcoin Historian statistics, last week listed companies collectively increased their holdings by 12,400 bitcoins, and 3,150 bitcoins were mined last week. The shortage of bitcoin supply has become a certainty.
2025-06-23 15:06:38
HashKey Global: HSK price breaks through $0.4758, up 20% in 24 hours
according to HashKey Global market data, HSK price has broken through $0.4758, with a 20% increase in the past 24 hours. HashKey Global is the flagship virtual asset trading platform under HashKey Group, providing licensed virtual asset trading services to global users. HashKey Global has been granted a comprehensive license by the Bermuda Monetary Authority (BMA) for the digital asset investor protection system, offering mainstream trading and service products such as LaunchPool, contracts, and leverage.
2025-06-23 15:06:37
Iran's heavy announcement: Will take "strong military action" against the United States
spokesman for the Iranian Military Central Command said: "Strong action will be taken against the United States," and US intervention has expanded the range of legitimate targets for Iranian armed forces.
2025-06-23 15:06:35
Report: Gate's reserve ratio reached 128.57% in May, with excess reserves exceeding US$2 billion
Overseas media Best in Media recently released a special report titled "Continuous Evolution of the Cryptocurrency Industry, Gate.com Leads the Wave of Change", analyzing Gate's global expansion and ecological strategy in the first quarter of 2025.
2025-06-23 15:06:34
Smarter Web Company, a UK listed company, receives £3.795 million in strategic investment
according to an official announcement, the UK listed company The Smarter Web Company has completed a strategic investment financing, with an amount of 3.795 million pounds (approximately 4.9 million US dollars). This financing was achieved by issuing 766,719 new ordinary shares at a price of 4.95 pounds per share. The company expressed excitement about welcoming this strategic investor as a shareholder.
2025-06-23 15:06:32
Bitget enters India's official law enforcement portal to deepen local compliance construction
on June 23, Bitget officially connected to the Sahyog portal platform under the Indian Cyber Crime Coordination Center (I4C). It became one of the few global cryptocurrency trading platforms to join this system. Sahyog is the official collaboration interface between Indian law enforcement agencies and digital service providers. This connection means that Bitget will respond to data requests from Indian law enforcement agencies through legal and compliant, secure and efficient channels, in accordance with Section 94 of the Indian Citizen Security Act and Section 79(3)(b) of the Information Technology Act.Hon Ng, Chief Legal Officer of Bitget, said: "India is an important market in our global strategy. Connecting to the Sahyog platform is an important step for Bitget to implement local regulatory requirements and strengthen compliance cooperation. We will continue to optimize the compliance system to assist law enforcement agencies in governance and regulation in the digital asset field."Against the backdrop of increasingly strengthened global regulation, Bitget is actively deepening its compliance layout in major markets. This entry into Sahyog not only strengthens cooperation with Indian regulatory agencies, but also demonstrates its long-term commitment to building a transparent and trustworthy encrypted ecosystem.
2025-06-23 15:06:30
Hong Kong Financial Secretary: Embracing the development of digital assets, reviewing eight virtual asset trading platform license applications
Hong Kong Financial Secretary Paul Chan Mo-po said at a forum on June 21 that the recent market has shown strong interest in digital assets, especially the issuance of stablecoins has sparked heated discussions. As an international financial center, Hong Kong must continuously reform and innovate to enhance our competitive advantage. We embrace the development of digital assets and have accelerated the improvement of relevant legal regulatory frameworks in recent years. For example, the licensing system for virtual asset trading platforms has issued 10 licenses and is currently processing another eight applications. We have also just completed the legislation on stablecoins, which will come into effect on August 1, making Hong Kong one of the first jurisdictions globally to establish a legal regulatory framework for stablecoins.
2025-06-23 15:06:29
CryptoQuant: Bitcoin long-term holders are still holding on, no signs of selling
according to CryptoQuant analyst @avocado_onchain, long-term holders of Bitcoin are still holding on and there is no sign of selling. "Historically, Bitcoin's sharp rise often occurs when market attention decreases and sentiment is low, so the current silence may be a precursor to the next big market trend."
2025-06-23 15:06:27
Binance Launches “Locked Addresses” and “Holding Concentration Index” Features to Further Raise Token Transparency Standards
June 20th, Binance officially launched two new features: "Lock Address" and "Position Concentration Index". This is the first time such token information features have been introduced in mainstream exchanges, reflecting Binance's commitment to promoting platform transparency and strengthening user education. After users obtain more information related to token economic models, they can further optimize their trading decisions. The transparency features also help projects improve their openness and sense of responsibility, thereby interacting more effectively with the community and promoting the healthy development of the cryptocurrency industry.
2025-06-23 14:06:12
Coinbase Obtains MiCA License in Luxembourg, Allowing Crypto Services Across EU
Coinbase has successfully obtained a MiCA license from Luxembourg, allowing them to offer crypto services in all 27 EU countries. This move follows similar actions taken by other exchanges like Gemini, OKX, and Crypto.com to become regulated in Europe. The license was granted by Luxembourg's financial authorities, confirming weeks of speculation about Coinbase's intentions to operate under MiCA. This approval aligns with Coinbase's strategy of working closely with regulators across Europe, having already secured licenses in several countries. The MiCA framework, which came into effect in June 2023, establishes a standardized licensing regime for crypto service providers in the EU.
2025-06-23 14:06:10
Analyst: Short-term holders sold 17,800 BTC in 24 hours, US-Iran conflict heightens market vigilance
according to Cryptoquant analyst Axel Adler Jr's monitoring, in the past 24 hours, a total of 17,800 bitcoins were sold by short-term holders on centralized exchanges, with 14,700 bitcoins sold at a loss and 3,100 bitcoins sold at a profit, resulting in a net sales volume of 11,600 bitcoins.The drop in bitcoin price occurred against the backdrop of the weekend attack by the United States on three nuclear facilities in Iran, with the United States joining the ongoing conflict between Israel and Iran. Due to the possibility of a response from Tehran, including threats to American personnel in the Middle East or potential closure of the Strait of Hormuz, the market is currently in a state of high alert.
2025-06-23 14:06:08
Trader AguilaTrades' 20x Bitcoin short position has a floating loss of $1.86 million
according to HyperInsight monitoring, trader AguilaTrades' 20x short position in Bitcoin has increased to a floating loss of $1.86 million. Currently, his Hyperliqud position has a nominal value of $101.5 million, with an opening price of $99,616.6 and a liquidation price of $104,730. The current Bitcoin price has risen to around $101,500. AguilaTrades has recently failed three times in 20x long BTC positions, with cumulative losses exceeding $32 million. His current position is the "reverse opening short" position from early this morning.
2025-06-23 14:06:06
Survey: Nearly three-quarters of young investors prefer Bitcoin to gold
June 23 latest global survey shows that 73% of investors aged 24-45 see Bitcoin as a better long-term investment choice than gold. The survey covered 730 clients worldwide, with young investors seeing Bitcoin as "digital gold," believing it is borderless, easy to access, and in line with future development trends.DeVere CEO Nigel Green said that Bitcoin and gold are not competitors, but different assets that solve different problems. He advised investors to hold both assets to deal with macroeconomic uncertainty, changes in monetary policy, and geopolitical risks. Green predicts that by 2025, the price of gold will reach $5,000 per ounce, while Bitcoin will rise to $150,000.
2025-06-23 14:06:04
Spot gold fell below $3,350/oz, down 0.55% on the day
June 23,data, spot gold broke below $3350/ounce, falling 0.55% intraday.
2025-06-23 14:06:02
Musk: Tesla AI self-driving taxi (robotaxi) service launched in Austin this afternoon
Musk stated on X platform that Tesla's AI self-driving taxi service will be launched in Austin this afternoon, with customers only needing to pay a flat fee of $4.20.
2025-06-23 14:06:00
data: Binance spot market share hits a 12-month high
according market share tracking data, Binance's spot market share in June 2025 rose to 41.14%, the highest level in the past year. Currently, Binance's share in BTC spot trading is 45.6%, the highest since July 2024, close to the historical high of 47.7% in June 2024.In addition, since March 2025, Binance's share in ETH spot trading volume has also been consistently around 50%, with some months even higher.
2025-06-23 14:05:59