Spot silver fell below $64/ounce, spot gold fell below $4160/ounce
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Spot silver fell below $64/ounce, with a intraday drop of 1.64%. Spot gold fell below $4160 per ounce, with a intraday drop of 0.54%.
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Spot silver fell below $64/ounce, with a intraday drop of 1.64%. Spot gold fell below $4160 per ounce, with a intraday drop of 0.54%.
SPCX Perpetual has almost completely recouped its gains since SpaceX's IPO, with a pullback of over 30% from its peak at the stage. According to PRO's "Large Transaction" monitoring, since reaching a new high on June 16th, Binance SPCX/USDT perpetual has seen four rounds of intensive selling transactions with each transaction exceeding $500000, with a cumulative transaction amount of $451 million and a net transaction difference of $140 million. Combined with the "position difference" data, the synchronous growth of positions during the trading period indicates that the main force is mainly building positions and the direction is bearish. At the same time, the ratio of long to short positions (LSUR) increased from 1.63 to 5.7, and during the price decline, the number of long positions continued to increase, with retail investors clearly buying more as the price fell. In the same round of market trends, the regular version of the K-line sees a price drop; The PRO version of the K-line shows when the main force starts to take action, whether to open or close positions after a transaction, and whether funds are still actively involved. Currently, SPCX is still in a critical observation stage, and in the future, we can focus on whether the main large-scale transactions will once again concentrate. PRO "Large Transaction": Real time tracking of market transaction trends, allowing Kuairen to quickly understand the main players' behaviors such as grabbing funds or smashing deals.
MetaMask stated that the comments mocking Jarefromsubway.eth on the chain were not official and came from a third-party MetaMask-eth ENS account. MetaMask officially holds the all lowercase word 'metamask-eth', but due to ENS allowing for the coexistence of upper and lower case versions, it has led to external misidentification of the source of the message.
According to Digital Asset, a South Korean court ruled that Cross Finance Korea should pay 360 million Korean won (approximately $260000) to Coinone, based on Coinone's lawsuit to return 900 million Korean won for unjust enrichment. This case involves a default crisis in the P2P lending industry. Coinone has been investing in Cross Finance products since November 2023 under the recommendation of its CEO, with an investment scale ranging from 1 billion to 4 billion Korean won.
[Xuan Changneng: Strengthen the crackdown on virtual currency money laundering, over 2,000 money laundering convictions last year] Xuan Changneng, Deputy Governor of the People's Bank of China, stated that by 2025, the number of money laundering convictions under Article 191 of the Criminal Law nationwide will exceed 2,000 cases. Since 2022, the People's Bank of China has intensified efforts to combat professional money laundering, virtual currency money laundering, and cross-border money laundering activities. He emphasized that countries need to enhance cross-border coordination and cooperation in areas such as intelligence sharing, case investigations, and asset recovery.
[Hut 8 Agrees to Pay $2.35 Million to Settle Securities Class Action Lawsuit] According to The Energy Mag, Hut 8 has agreed to pay $2.35 million to settle a securities class action lawsuit filed by investors regarding its 2023 merger with USBTC. The lawsuit alleges that Hut 8 exaggerated the benefits of the transaction during the merger process and failed to adequately disclose operational issues with the King Mountain project in Texas. The settlement plan is still subject to approval by the U.S. District Court for the Southern District of New York. Documents show that the settlement amount represents approximately 19.6% of the plaintiffs' estimated maximum recoverable damages of $12.08 million.