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「Insider Trader」 @qwatio increased their short position once again early this morning

6 hours ago

On July 4th, according to on-chain analyst Ai Auntie (@ai_9684xtpa), the "Insider Trader" @qwatio once more enhanced his short position in the early morning. He increased his short position by 21.04 BTC, causing the total position to return to $30.48 million. Nevertheless, there still exists a considerable risk of liquidation.

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Upbit has listed STRIKE as a trade warning asset and will suspend deposit services.

On July 4th, according to an official announcement, Upbit will list STRIKE as a trade warning asset, and deposit services will be suspended. It is reported that when a digital asset is designated as a trade warning asset, Upbit typically conducts a detailed review to determine whether to extend, cancel, or ultimately terminate trade support. The relevant page indicates that STRIKE is the native token of the payment protocol Strike.

2 minutes ago

White House Digital Asset Policy Advisor: The size of the crypto industry may reach $15 to $20 trillion after the US stablecoin legislation takes effect

On July 4th, Bo Hines, the digital asset policy advisor at the White House, stated in an interview that once the US stablecoin regulations are enacted, the value of the digital asset industry could soar to $15 to $20 trillion. "Tokenized stocks, real-time markets, and a global USD channel. This is how the US can become the global leader in cryptocurrency and fintech."

2 minutes ago

Viewpoint: PENGU Indicator Strong, Potential to Rise to $0.028 if Breaks $0.018

On July 4th, according to analyst @ali_charts, PENGU has seen a surge of over 90% in the past week following a switch to a "buy" on the "SuperTrend" indicator. If PENGU manages to break through $0.018, it may set the stage for another upward movement to $0.028. Based on market data, PENGU is currently trading at $0.016, with a 73.3% increase in the past 14 days.

2 minutes ago

SlowMist Cosine: The same set of mnemonics are derived separately according to the logics of Aptos and Sui, resulting in different addresses

On July 4th, SlowMist Cosmos reminded in a tweet that users should be aware that the private key corresponding to an Sui address cannot derive an Aptos address with the same address and they cannot be converted to each other. "For instance, if you have Aptos and accidentally transfer it to your Sui address, then those funds are lost. After our research, we found that they cannot be recovered. In other words, using the same mnemonic and deriving addresses according to the Aptos-Sui logic results in different addresses. However, during a transfer, both are considered valid addresses... starting with 0x and having a total of 66 characters..."

2 minutes ago

Shitcoin Season Index Rises to 24, SYRUP, PENGU, HYPE Lead 90-Day Performance

On July 4th, based on Coinmarketcap data, the market witnessed a slight recovery. The Altcoin Season Index rose to 24, which is a notable increase compared to last week's average of 19. After reaching a yearly high of 87 on December 4, 2024, the Altcoin Index has been on a continuous downward trend. Recently, it has been fluctuating around the low range of 20. In the past 90 days, among the top 100 cryptocurrencies by market capitalization, only 24 tokens have outperformed Bitcoin. Bitcoin has seen a 30.16% increase in the past 90 days. The top-performing altcoins in the past 90 days are SYRUP, PENGU, HYPE, VIRTUAL, and FARTCOIN.

2 minutes ago

Guotai Junan International and Victory Securities surged more than 20% intraday, having both previously received approval to provide virtual asset trading services.

On July 4th, based on market data, the Hong Kong stock Guotai Junan International (01788.HK) once surged by more than 27.7% and is currently up by 17.8%, with a daily trading volume exceeding 10 billion Hong Kong dollars.

In the afternoon, Victory Securities (08540.HK) strengthened. It rose by more than 22.4% at one point during the session and is currently up by 13.7%, with a total market value exceeding 1.4 billion Hong Kong dollars.

Previously, it was reported that Guotai Junan International has officially been approved to provide cryptocurrency and other virtual asset trading services. Several local Hong Kong brokerages, including Victory Securities, have also completed their Type 1 license upgrade and similarly obtained approval to offer cryptocurrency and other virtual asset trading services.

2 minutes ago

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