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Bitcoin held around $60,000 as bullish RSI divergence led analysts to compare the setup with the 2022 bear-market bottom. Some traders still expected a move toward $55,000 or additional downside by August.
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GMGN market data showed ANSEM briefly surpassed a $125 million market cap after an intraday gain of over 12,000%. The Solana ecosystem meme coin later retreated to approximately $117 million.
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The Shanghai Composite Index fell below 4,000 points and was down 0.69% intraday.
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Coinbase CEO Brian Armstrong said Coinbase reduced AI spending by nearly 50% while token usage continued to grow. Armstrong said Coinbase used default settings, routing, and caching strategies to cut costs.
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Liquid Capital founder JackYi said Bitcoin could be in its last major downturn of the current cycle. He said July to August may be the best dip-buying window.
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China's Ministry of Commerce added 20 Japanese entities to an export control list. Export operators are barred from exporting dual-use items to the listed entities, and current related activities must stop immediately.
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Lookonchain monitoring shows Ansem's wallet holds 604 million ANSEM tokens worth over $71 million. The valuation rose as ANSEM continued to climb.
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South Korea's FSS received 54 virtual asset unfair trading reports from January to May this year. Price manipulation accounted for 50 cases, while two reports involved undisclosed information and two involved other unfair trading practices.
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Canopy Network completed an $8.5 million seed funding round. Arrington Capital, Fenbushi Capital, Borderless Capital, and SNZ Capital participated in the round.
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The morning briefing listed 10 items, including a 3% drop in South Korea's KOSPI index. The briefing also said the U.S. and Iran agreed to stop attacking each other.
EWYETF-5,38 %
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South Korea's benchmark CPI is expected to rise 3.2% year-on-year in June, according to a survey of seven economists. The forecast would keep headline inflation above the Bank of Korea's 2% target for a second consecutive month.
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Citigroup said reports of Apple's interest in CXMT memory chips would raise CXMT's profile as a credible global fourth-largest DRAM manufacturer. Citigroup expects the news to benefit CXMT and its supply chain, including equipment suppliers and OSAT providers.
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Stocks adrift, oil up as US-Iran halt renewed attacks http://reut.rs/443cz43 http://reut.rs/443cz43
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Canopy Network completed an $8.5 million seed funding round for its AI-native blockchain development framework. Arrington Capital, Fenbushi Capital, Borderless Capital, and SNZ Capital participated.
El índice de la temporada de altcoins de CoinMarketCap se encuentra actualmente en 48. El índice compara las 100 principales criptomonedas con Bitcoin durante los últimos 90 días.
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The fifth week of June includes scheduled macro events from June 29 through July 3. The calendar includes an ECB speech, U.S. JOLTS, PMI readings, labor data, the Fed balance sheet, and a U.S. stock market closure for Independence Day.
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CICC said Korean stock on-exchange leverage is around 2x to 5x, with absolute leverage at historical highs. CICC said leverage is not extreme relative to market value, while sentiment and liquidity indicators are only slightly tight.
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