Upbit to Delist Loopring (LRC)

Local time on the 27th, Naim Qassem, leader of Lebanon’s Hezbollah, condemned the framework agreement struck by the United States, Israel, and Lebanon, calling it a major mistake committed by the Lebanese government and stating that Hezbollah considers the accord invalid. Qassem accused Lebanese authorities of having “legalized” Israel’s occupation through this “serious mistake” of an agreement. (CCTV News)

Prediction market platform Polymarket has seen the probability of Bitcoin falling to $50,000 this year rise to 63%, up from 51% as of June 16. Separately, the odds of Bitcoin dropping to $40,000 stand at 30%, while the probability of it climbing to $70,000 is 67%.

Prediction market platform Polymarket now puts the probability of Bitcoin falling to $50,000 this year at 63%, up from 51% as of June 16. Additionally, the probability of Bitcoin dropping to $40,000 is 30%, while the chance of it rising to $70,000 stands at 67%.

This week, stocks of Intercontinental Exchange (ICE) and CME Group (CME) were oversold, with both carrying a Relative Strength Index (RSI) of 24.4. Typically, an RSI below 30 is classified as oversold, suggesting a potential short-term rebound, while an RSI above 70 is considered overbought, implying a possible correction risk. Investors offloaded shares of the two trading platform operators primarily over market concerns that new products like perpetual contracts could disrupt their traditional exchange businesses. Earlier, CME sued the U.S. Commodity Futures Trading Commission (CFTC) after the regulator allowed prediction market platform Kalshi to offer Bitcoin perpetual contracts at the end of May. CME declined 10% this week, while ICE dropped over 7%, with both logging double-digit losses in June.

According to Bitget’s official announcement, the platform has launched USD-margined CAP perpetual contracts, supporting up to 10x leverage. Contract trading bots will also be rolled out simultaneously. For more details, please refer to Bitget’s official platform.

This week, stocks of Intercontinental Exchange (ICE) and CME Group (CME) were oversold, with both recording a Relative Strength Index (RSI) of 24.4. Typically, an RSI below 30 is considered oversold, signaling a potential short-term rebound, while an RSI above 70 is deemed overbought, indicating a possible correction risk. Investors offloaded shares of the two trading platform operators mainly due to market concerns that new trading products like perpetual contracts could disrupt the traditional exchanges’ business. Earlier, CME sued the U.S. Commodity Futures Trading Commission (CFTC) after the regulator allowed prediction market platform Kalshi to offer Bitcoin perpetual contracts at the end of May. CME fell 10% this week, while ICE dropped more than 7%, with both logging double-digit percentage declines in June.