Lookonchain APP

App Store

Geopolitical Unrest Stirs Market Sentiment, Is Bitcoin Becoming More Correlated with the Stock Market?

2 hours ago

June 22. The ongoing Middle East crisis and progress in U.S.-Iran talks continue to impact global markets. With both sides signaling optimism that an agreement could be reached within the next 60 days, oil prices have pulled back, global risk appetite has firmed somewhat, though investors remain wary of how the situation will unfold moving forward. Market analysts point out that, as institutional capital keeps flowing into the digital asset space, Bitcoin’s correlation with risk assets like U.S. tech stocks is strengthening. Shifts in geopolitical tensions, interest rate outlooks, or liquidity conditions often lead to traditional capital market volatility quickly spilling over into the crypto space. Notably, the Federal Reserve’s (Fed) maintenance of high interest rate expectations remains a key variable for current markets. At the same time, the Middle East situation, energy prices, and changes in global liquidity are also shaping how investors price risk assets. As a global one-stop multi-asset allocation platform, BiyaPay continues to monitor global capital market dynamics, enabling users to easily access a variety of asset markets including digital assets, U.S. stocks, and Hong Kong stocks. The platform has now launched zero-commission U.S. stock trading services, and its TradFi perpetual contracts have officially entered a zero-fee era—with both Maker and Taker fees reduced to 0%, further cutting users’ costs for global asset allocation and trading.
Relevant content

U.S. Stocks of Artificial Intelligence-Related Companies Show Mixed Performance in Pre-market Trading

June 22: Per Bitget market data, in pre-market trading, SpaceX (SPCX.O) slid more than 5%, while Google (GOOG.O) and Tesla (TSLA.O) each dropped over 1.5%. Intel (INTC.O) gained nearly 4%, Micron Technology (MU.O) rose 3.6%, and TSMC (TSM.N) advanced more than 2%.

15 minutes ago

Iranian Foreign Ministry: Iran-US technical talks have begun in Switzerland

Iranian Foreign Ministry spokesman Saeed Khatibzadeh confirmed that technical talks under the Iran-U.S. memorandum of understanding framework began in Switzerland on June 22, Xinhua News Agency reported.

15 minutes ago

Pendle Weekly: 5-Year Anniversary Recap and Monad Launch, Ecosystem Yield Farming, and Protocol Revenue Continues Expansion

June 22nd. Pendle shared its weekly recap, highlighting key developments around the protocol’s 5th anniversary, cross-chain expansion, yield product growth, and ongoing ecosystem collaborations: - Pendle marks its 5th anniversary, evolving from the early experimental V1 version to become the world’s largest yield trading platform. The team reflected on five years of growth and reaffirmed its commitment to expanding yield infrastructure capabilities moving forward. - Pendle has officially joined the Monad ecosystem, debuting its first two AUSD yield pools—Agora AUSD and Upshift earnAUSD—with up to $100,000 in weekly incentives, extending its footprint into new cross-chain liquidity markets. - Pendle Intern released 10 bullish catalysts for the protocol, including growing institutional adoption (such as inclusion in multiple institutional watchlists), ongoing Real-World Asset (RWA) growth, Monad ecosystem expansion, the projected impact of the CLARITY Act on DeFi adoption, strengthened b

15 minutes ago

J.P. Morgan Rating of SmartScale GLM-5.2: Ranks Among Top Global Leaders but Still Faces Challenges to Replace Anthropic

**Zhiku’s GLM-5.2 Secures Global Top 3 LLM Spot, But US Anthropic Restrictions Unlikely to Boost Its Revenue: JFR Report** On June 22, JFR Express reported that Chinese AI firm Zhiku announced its GLM-5.2 large language model (LLM) has entered the global top three for large models, a landmark achievement for China’s AI development—though U.S. restrictions on rival Anthropic’s top models won’t likely drive major revenue growth for Zhiku. In a June 17 Chinese tech industry report from JFR, GLM-5.2 ranks third on the Model Intelligence Index, trailing only Anthropic and OpenAI. This marks the first time a Chinese model has cracked the global top three. The report notes GLM-5.2 excels at programming and long AI workflows, cementing its position as one of China’s highest-performing large models. Zhiku launched GLM-5.2 on June 13 via its Coding Plan, with its API opening on June 17. The model uses a 744-billion-parameter mixture-of-experts (MoE) architecture, with ~400 billion activ

15 minutes ago

AntFun Completes $5 Million Strategic Financing

June 22: AntFun Social Wallet announced it has closed a $5 million strategic funding round via AntFun Token. The Web3 wallet project is expanding its integrated "Social + Trading" ecosystem, connecting social features, Alpha discovery, Alpha trading, and various on-chain transaction use cases. This financing round has secured backing from several leading Web3 institutions, including MH Ventures, Zerra Venture, Zuala Capital, X21 Digital, and Becker Ventures. Going forward, AntFun will continue rolling out product upgrades and scaling its social Web3 wallet ecosystem, aiming to deliver users a more efficient, socially connected on-chain transaction experience.

15 minutes ago

US Stock Futures Storage Sector Gains Extend in Pre-market Trading, Western Digital Up Around 6%

June 22: The US tech storage sector saw pre-market gains, per data from Bitget Markets. Key stocks in the group rose ahead of the opening bell: Seagate (STX) +4.56%, Western Digital (WDC) +5.97%, SanDisk (SNDK) +3.63%, Micron (MU) +3.26%.

15 minutes ago