Foresight News reported that according to CoinDesk, FIFA plans to use Avalanche's network to support its own dedicated Layer 1 blockchain. The FIFA blockchain will be Avalanche's L1 blockchain, a customizable blockchain that utilizes Avalanche technology (formerly known as subnets). Previously, FIFA released an irreplaceable token (NFT) series on the Algorand blockchain before the 2022 Qatar World Cup.
BlockBeats news, on June 14th, according to official sources, Synthetix announced that it will gradually phase out its Layer 2 deployment on the Base network, refocus on the Ethereum mainnet, and will discontinue Base trading and close LP vaults. The plan will be carried out step by step. Synthetix stated that the decision to gradually phase out its L2 deployment was due to ongoing infrastructure instability and fragmented liquidity.
According to The Block, Coinbase Institutional stated that leveraged purchases of cryptocurrencies by businesses may bring systemic risks, but the short-term impact of such risks seems to be limited. At the same time, supported by factors such as improved US economic growth expectations, possible interest rate cuts by the Federal Reserve, rising corporate financial adoption rates, and clearer regulation, the cryptocurrency market is expected to experience constructive development in the second half of 2025. It is reported that an increasing number of listed companies are adopting Bitcoin backed balance sheets, with a total of 228 companies reporting their cryptocurrency holdings under the new rules of the US Financial Accounting Standards Board.
Click on the link to enter Tencent Meeting: https://meeting.tencent.com/p/9850662513 Good evening,everyone! I am your Da Bin teacher! Although the overall performance of the risk market is poor today, the market situation is relatively easy to judge. Compared to yesterday's frequent incidents, today's focus is quite concentrated, and geopolitical conflicts have entered a substantive stage. Once war breaks out, the first reaction is often the price of oil. Therefore, I also recommend that those who are not interested in macro economics can use the fluctuation of US oil prices to easily judge the evolution of the situation. Although it is not entirely accurate, it is enough to save a lot of time reading news. As the situation in the Middle East worsens, many analysts believe that oil prices may not fall below $60 this year. Although energy prices are not included in core inflation, they will significantly push up overall CPI, especially for the United States, which is dominated by a wheel economy. Transportation, logistics, commuting, and even service industry costs may all increase accordingly. Higher inflation means that the Federal Reserve's monetary policy operating space is further limited, especially in the current situation where tariff issues have not yet been resolved, and investors' expectations are becoming pessimistic. If the United States is forced to become deeply involved in the conflict, it will not only increase the pressure on fiscal spending, but may also prompt the government to increase the scale of bond issuance, thereby further withdrawing liquidity from the risk market. So for the sake of our own wallets, let's prioritize world peace. Not to mention, yesterday's ETH data, although not as good as Wednesday's, was still a strong net inflow day, and it was also the second consecutive day when the inflow of ETH spot ETF funds exceeded BTC. This is a very scary data. You should know where BTC is, and the amount of funds buying ETH can exceed BTC, especially when the overall risk market is declining. So it is true that ETH has been bought with real gold and silver, but this amount of purchase may not be enough to change the trend of ETH prices. However, yesterday, in addition to BlackRock's five digit increase in holdings, Grayscale also had a net increase of over five digits. Whether it is a pledge or not is unknown now, but I am still quite concerned about traditional investors buying ETH more than BTC. Looking back at the data of BTC, the amplification of price fluctuations has increased turnover rates, especially for investors who have been buying at the bottom in the past two days. Some loss making investors have chosen to leave, while earlier investors remain indifferent. Through a large amount of data, it has been proven that long-term investors are not very interested in short-term price fluctuations. The support also maintains strong stability from $93000 to $98000, with some chips falling back to around $105000. Now the accumulation is beginning to increase, although it is not a big problem in the short term, if it continues to accumulate like this, the market will be forced to choose a direction again. Overall, the current market focus is still on geopolitical conflicts, especially as tomorrow is the weekend and liquidity will significantly decrease. If there is any positive or negative information during this period, it is likely to amplify price fluctuations. Operation suggestion: BTC 104500 long. First target: 105900. Second target: 106900 ETH 2480 long first target to watch 2560 second target to watch 2620 Join the language community communication group to obtain more services 1. Real time troubleshooting (online one-on-one question answering and sorting) 2. Professional technical analysis and theoretical learning 3. Construction and improvement of trading system- 4. Live streaming courses every day, contract termination, real-time order making, to help you successfully land! Every day, there are teachers in the group who provide precise positioning to answer questions and offer free guidance. Tencent Meeting Live: 985-066-2513 DingTalk Group Number: 120320009032 Every day, there are teachers in the group who arrange precise positioning to answer questions and provide free guidance Disclaimer: The above content only represents the author's personal opinion and is for communication and sharing purposes only. It does not represent the position or viewpoint of AiCoin and does not constitute any investment advice. Based on this investment, there may be external contacts, which have nothing to do with AiCoin, and the consequences shall be borne by oneself.
The trading volume of Binance SUI/USDT surged 34 times within 10 minutes, with a transaction volume of 118 million US dollars in the past 24 hours, an increase of 0.57%. A surge in trading volume generally indicates an increase in market trading activity or large-scale fund buying and selling operations, which may be caused by certain important market changes or news announcements.
Click on the link to enter Tencent Meeting: https://meeting.tencent.com/p/5551765098 Recently, the market has been affected by news, with either a surge or a drop. After Bitcoin reached around 110000, it quickly fell to the bottom support of 112600, and then rebounded to around 116000. Currently, the overall market is oscillating in the box, and it is estimated that the box repair index will be needed next week, after all, the recent fluctuations have been too large, and there will always be a breathing space. My personal suggestion is to short at high prices and long at low prices, and grasp the position of the box well. The future market is currently slightly bearish, but not very obvious. We have to wait until Monday to finish the line before making a decision Ethereum is still in the range of 2800 to 2500, with a peak near 2880 in the past two days, and then rapidly falling to the level of 2438. Follow up with the bottom neckline at 2310. If not broken. You can consider taking a long position at a low level. Currently, the Ethereum life and death line is around 2310, and the specific location can be notified during my live broadcast Operation suggestion: Put Bitcoin 106800 to 7000 short. Defend 109000. Target 102000 Weibo followers: Shen, Du QQ Fan Experience Group: 1018013659 DingTalk Fan Experience Group: 116320006956 Tencent Meeting Live Number: 5551765098 Disclaimer: The above content only represents the author's personal opinion and is for communication and sharing purposes only. It does not represent the position or viewpoint of AiCoin and does not constitute any investment advice. Based on this investment, there may be external contacts, which have nothing to do with AiCoin, and the consequences shall be borne by oneself.
