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Bitcoin price slides below $63,000, triggering a spike in long liquidations
Bitcoin price slides below $63,000, triggering a spike in long liquidations

Bitcoin long liquidations reached nearly $48 million in the past 24 hours as the price fell below $63,000.The broader crypto market saw over $161 million in liquidations, with around $153 million in long positions.Bitcoin is currently trading at its monthly low of $62,270, 15% below its all-time high reached on March 14.

The Block·2024/06/24 07:32
Bitget Futures Market Updat
Bitget Futures Market Updat

Bitget·2024/06/24 06:08
South Korean think tank says spot crypto ETFs do more harm than good for local economy
South Korean think tank says spot crypto ETFs do more harm than good for local economy

The Korea Institute of Finance’s latest report on spot crypto ETFs said such types of funds may weaken the local economy.South Korean regulators currently prevent local issuers from launching crypto ETFs.

The Block·2024/06/24 05:22
Light Protocol and Helius Labs introduce 'ZK Compression' to further scale Solana apps
Light Protocol and Helius Labs introduce 'ZK Compression' to further scale Solana apps

Quick Take Light Protocol and Helius Labs have introduced “ZK Compression” to further scale applications on the Solana network. ZK Compression utilizes state compression to store data in Solana’s cheaper ledger space instead of the more expensive account space.

The Block·2024/06/24 05:10
Ripple v. SEC Lawsuit Update June 24
Ripple v. SEC Lawsuit Update June 24

Here’s what you need to know about Ripple’s legal woes as of June 24th.

Cryptopotato·2024/06/24 04:40
Bitcoin Double Top? Is It Time to Panic? How Low Prices Could Plunge?
Bitcoin Double Top? Is It Time to Panic? How Low Prices Could Plunge?

Institutional Crypto Research Written by Experts

10xResearch·2024/06/24 02:38
Flash
16:29
Prominent Trader: Now Is the "Generational Buy Opportunity"
BlockBeats News, June 6th, prominent trader Killa (@KillaXBT) posted, stating it is now a "Generational Buy Opportunity". In earlier news, Killa recently announced that he has officially opened a long position on Bitcoin, with a stop-loss price of $31,950 and a target price of $160,000. Killa, as a BTC-focused quantitative trader, accurately predicted the peak of this bull market in May 2025 and has over 180,000 followers on Platform X. In mid-April, he shorted Bitcoin at $74,688.
16:26
Whale Reveals "First Set 10 Major Goals" and Shows 4x Long Bitcoin Order
BlockBeats News, June 6th: Contract whale "Sets 10 Major Goals First" and Reveals 4x Long Position on Bitcoin. A screenshot shows that the opening price was $60,153.8, with a position size of 2,835 BTC.
16:23
Bitcoin Falls Below $60,000 as Gold and US Stocks Decline
On June 6, US stocks continued to decline during trading hours. According to Bitget data, the Nasdaq 100 index fell by 3%, while the S&P 500 index dropped by 1.7%. Spot gold fell over 3% during the day, currently priced at $4,330 per ounce, marking its lowest level since March 24. Additionally, according to an exchange's data, Bitcoin has fallen below the $60,000 mark for the first time since October 2024.
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