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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
17:29
Main_St_Finance related token addresses experience an 85% price drop
PeckShield monitoring shows that the token associated with ethereum:0x4ba01f…7c00, Main_St_Finance, has dropped in price by 85%. (PeckShield)
16:35
AAVE falls below $75
Jinse Finance reported that according to market data, AAVE has fallen below $75 and is now trading at $74.99, with a 24-hour increase of 2.07%. The market is experiencing significant volatility; please ensure proper risk management.
16:29
India: Three Indian oil tankers pass through the Strait of Hormuz
Golden Ten Data reported on June 21 that India's Minister of Shipping, Sarbananda Sonowal, stated on Saturday local time that three oil tankers flying the Indian flag have safely passed through the Strait of Hormuz and are heading to India. These three oil tankers are carrying over 860 thousand tons of oil in total, with 94 Indian crew members on board. Sonowal posted on social media that the oil tankers “Desh Vaibhav”, “Desh Vibhor”, and “Sanmar Herald” have all passed through the Strait of Hormuz.
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