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Yi County Police in Huangshan City captured a criminal gang that used cryptocurrency for money laundering, arresting a total of 12 individuals.

7 hours ago

July 5th. According to the WeChat public account of Yixian Political and Legal Affairs, in early May, a ticket rebooking fraud case took place in Yixian, Huangshan City, Anhui Province. After the case was reported, through in-depth analysis and judgment, the Criminal Investigation Brigade of Yixian Public Security Bureau identified a money laundering criminal group that received WeChat payments and converted them to U Coin. The Yixian Public Security Bureau organized police forces and arrested 12 criminal suspects in a unified operation in Xinyu, Jiangxi. Currently, the case is under further investigation.
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Suspected Staking Provider Arthapala has recently deposited a total of 44,889 ETH to a CEX, with an approximate value of $113 million.

July 5th. Based on the monitoring of crypto analyst AI Aunt ai_9684xtpa, an institution that is suspected to be the staking and validation service provider Arthapala has cumulatively deposited 38,100 ETH into major exchanges over the past six days. In addition, its other three associated addresses have once again transferred 6,789 ETH to Binance. As a result, the total amount of ETH transferred to exchanges in the past week amounts to 44,889 ETH, which is worth $113 million.

21 minutes ago

Bitcoin Volatility Currently Stands at 1.62%

On July 5th, the volatility of Bitcoin is currently at 1.62%, with it previously dropping to 1.45%. Over the past two months, Bitcoin has been continuously fluctuating within a narrow range between $93,000 and $111,000, which is in sharp contrast to its historical price trends. Market analysts attribute the decrease in volatility to multiple factors, with the increase in bullish option writing by Bitcoin holders being particularly crucial. Despite the decline in volatility, the Bitcoin perpetual contract funding rate remains positive, indicating that the market's bullish sentiment remains unchanged. BlockBeats Note: High Bitcoin volatility is often associated with speculative trading and retail fear of missing out (FOMO) sentiment. A decrease in volatility may indicate a reduction in short-term speculators, with the market entering a consolidation phase or a "cooling-off period." Furthermore, Bitcoin price volatility is often linked to macroeconomic events such as inflation expectation

21 minutes ago

A whale deposited 50 WBTC to a CEX, worth approximately $5.41 million.

On July 5th, as per EmberCN's monitoring, the "whale/institution that amassed 1,495 WBTC last year at a price of $69,162" continues to realize profits. It transferred 50 WBTC (approximately $5.41 million) to Binance two hours ago. Currently, the WBTC they accumulated has sold 773 WBTC (approximately $74.58 million) at an average price of around $96,481. They still hold 703.8 WBTC (approximately $75.95 million).

21 minutes ago

If Bitcoin drops below $107,000, the mainstream CEX long liquidation pressure will reach 4.44 billion.

On July 5th, based on Coinglass data, if Bitcoin drops below $107,000, the cumulative intensity of long liquidation on mainstream CEXs will reach $444 million. Conversely, if Bitcoin rises above $109,000, the cumulative intensity of short liquidation on mainstream CEXs will reach $592 million. BlockBeats Note: The liquidation chart does not display the exact number of contracts to be liquidated or the exact value of the liquidated contracts. The bars on the liquidation chart actually represent the significance of each liquidation cluster in relation to adjacent liquidation clusters, that is, intensity. Therefore, the liquidation chart shows to what extent the price of the asset will be affected when it reaches a certain level. A higher "liquidation bar" indicates that when the price reaches that level, it will trigger a more intense reaction due to a liquidity cascade.

21 minutes ago

Trump Announces New Tariffs to Take Effect on August 1, with Maximum Rate Reaching 70%

July 5th. As per CCTV News, on July 4th local time, U.S. President Trump declared that the U.S. government would commence dispatching letters to trade partners starting from that day and set new unilateral tariff rates. Trump mentioned that the new tariffs were likely to come into effect from August 1st. Trump stated that beginning from the 4th, the U.S. would send letters to multiple countries, anticipating that "10 or 12 letters" would be sent on that day, and more letters would be dispatched in the forthcoming days. He said he expected all these letters to be delivered by the 9th. Previously, Trump had set July 9th as the deadline for tariff negotiations. Regarding the newly set tariffs, Trump said, "The tariff rate could range from 60%, 70% to 10%, 20%." He stated, "We have finalized the final text (of the letter), which will basically elucidate how much tariff these countries are going to pay." CNN reported that it is currently uncertain which countries will receive these lette

21 minutes ago

Binance Alpha has now launched AIN (Infinity Ground).

On July 5th, Binance Alpha has now initiated AIN (Infinity Ground).

21 minutes ago