According to CoinDesk, the cryptocurrency project Unicoin, which has been accused by the SEC, announced that it will acquire a 51% stake in Diamond Lake Minerals and restructure it into "DiamondLake", promoting an enterprise treasury strategy centered on emerging altcoins, similar to Strategy's Bitcoin reserve model. The transaction is valued at over 70 million US dollars and is expected to be completed within 20 days. Previously, the SEC accused Unicoin of illegally raising over $100 million by exaggerating asset values and false advertising. The CEO of Unicoin refuted the allegations and refused to settle with the SEC.

ETH’s recent gains lack fundamental support and may unwind as leveraged longs get squeezed, Matrixport says.

BlockBeats News: On June 23rd, according to official sources, the decentralized revenue protocol Pendle announced that its total lock up volume (TVL) has once again exceeded $5 billion after experiencing the expiration of different asset pools, marking a further consolidation of its position in DeFi revenue infrastructure. Currently, Pendle PT worth approximately $2.5 billion has been widely used as collateral in various currency markets, with a growth rate of up to 52% compared to four months ago, demonstrating its strong growth potential and high recognition in the DeFi market. In addition, the function of Pendle LP (liquidity offering token) as collateral is no longer a concept. With the pioneering support of Silo Finance, Pendle LP has officially entered the collateralized asset system, releasing more asset efficiency for users and further expanding Pendle's practical application boundaries in the DeFi collateralized lending ecosystem. The Pendle team stated in their anniversary statement that "four years ago, we aimed to reshape the DeFi revenue model. Today, we still maintain our original ambitions and desires

Click on the link to enter Tencent Meeting: https://meeting.tencent.com/p/7346281523 Hello everyone, I am Tony the Elder! Bitcoin oscillated around the line of 103300 and 102000 yesterday, and then accelerated its decline to a low near 98600 in the evening. The trading trend continued to increase, and Ethereum fell back to around 2100 near 2310. The strong influence of the United States is related to the situation in the Middle East, and the fear in the global financial market is increasing, leading to a continuous increase in market volatility. Bitcoin fell in a waterfall over the weekend, briefly breaking below the 100000 mark and reaching the 98600 line. After four hours of closing, it rebounded slightly, with a strong overall rebound. Currently, it is oscillating around 101000 and has not yet broken through the downward trend. Pay attention to the pressure near 102500103000 above Bitcoin. Pay attention to the strong support around 97200-95800 below. Pay attention to the pressure around 2280-2310 on Ethereum. Pay attention to the support around 2150-2100 below. In the short term, we are currently in a period of consolidation and recovery, with a certain increase in rebound momentum, but the strength is not enough to change the overall downward trend. Based on the cross star and flat bottom in the K-line pattern, as well as the oscillation characteristics presented by indicator analysis, the price will oscillate and consolidate in the range of 99000-102000 for a while. In the short term, we will see if it breaks through the main resistance line of 102000. If it breaks through, it may directly go into a V-shaped reversal, testing the strong pressure position of the 103500 daily line above! My evening strategy is mainly focused on live streaming with real-time orders! QQ group number: 810794095 Meeting number: 734-628-1523 Weibo account: Tony's Diary Old Tony invites you to join his personal meeting room 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.

BlockBeats News: On June 23rd, according to The Block, the blockchain project Self Chain has dismissed its founder Ravindra Kumar from his CEO position after users accused him of manipulating a fraud scheme that lasted for several months and involved more than $50 million. Self Chain has released a statement announcing a 'decisive leadership change' following Kumar's alleged involvement in off exchange trading fraud. Previously, Kumar had denied all allegations, calling them "completely untrue" and stating that his lawyer would respond.