Lookonchain APP

App Store

CZ: RWA and On-Chain Currency System Will Expand Global Financial Inclusion

2 hours ago

On June 18, CZ stated in a post on Platform X that countries should promote stock tokenization to enable global investors to participate in financial markets, which falls under the real-world asset (RWA) sector. He also added that nations should issue their own stablecoins to expand the use of their national currencies on the blockchain. Additionally, CZ mentioned he has recently been busy meeting with leaders and regulatory agencies across Asia to advance the development of the cryptocurrency industry, noting that related exchanges are operating smoothly.
Relevant content

trade.xyz launches MINIMAX with up to 10x leverage

June 18: Per official sources, trade.xyz has rolled out MINIMAX contract trading, supporting up to 10x leverage.

3 minutes ago

KOSPI Rose 3.73% Intraday, Samsung Up 1.23%

June 18, according to Bitget market data: South Korea’s KOSPI index rose 0.83%. Intraday, Hynix surged 3.73% and Samsung gained 1.23%.

3 minutes ago

Arthur Hayes bought 1,500 ETH from Cumberland

June 18 — According to OnchainLens’ monitoring, Arthur Hayes bought 1,500 ETH from Cumberland for approximately $2.63 million, and he may continue growing his position in the future.

3 minutes ago

A certain whale address has been continuously withdrawing HYPE from the exchange and staking it, with a total value of approximately $91.67 million.

On June 18th, per EmberCN’s monitoring, the address 0xeef...00C withdrew roughly 136,500 HYPE tokens (worth ~$10 million) from OKX and other exchanges about 9 hours ago, then moved all of them to staking. Since the start of this month, this address has been steadily pulling HYPE tokens from multiple centralized exchanges (CEXs) and staking them, with a total of ~1.314 million HYPE (around $91.67 million) withdrawn and staked so far. Its average withdrawal price stands at approximately $69.7 per HYPE.

3 minutes ago

Bridgewater Associates Founder: Deterioration in US Fiscal Position and Debt Dynamics Could Push the Economy into a High-Risk State

On June 18th, Ray Dalio, founder of Bridgewater Associates, shared his insights, warning that the global economy is teetering on the edge of a “cliff” and that the period spanning from the 2026 U.S. midterm elections through the 2028 presidential elections will be particularly precarious. Dalio highlighted that the U.S. fiscal landscape is continuing to worsen: federal spending stands at roughly $7 trillion, while annual revenue comes in around $5 trillion, pushing the nation’s deficit to nearly 40%. Compounding this, demand for U.S. Treasury bonds is dropping. Adding to strains, debt holders’ growing concerns over potential sanction risks are deepening the supply-demand imbalance in the market. The broader monetary and debt environment is increasingly defined by rising systemic risks.

3 minutes ago

Michigan Federal Judge Rules Sports Prediction Market Outside CFTC Jurisdiction, Polymarket Loses Injunction Application

June 18: A Michigan federal judge ruled that sports-related prediction market transactions do not qualify as swaps regulated by the U.S. Commodity Futures Trading Commission (CFTC), so they are not subject to the agency’s regulatory jurisdiction. The court also rejected a request from prediction market platform Polymarket to block Michigan regulators from restricting its sports event contracts, stating the platform is “unlikely to prevail on the merits of its case.” The ruling noted that the sports prediction contracts in question are closer to illegal sports betting than federal derivative products. The case will move to the U.S. Sixth Circuit Court of Appeals, with a potential final appeal to the U.S. Supreme Court.

3 minutes ago