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16:42

Bitcoin is experiencing a panic sell-off, with the open interest in coin-denominated contracts nearing an all-time high

Since this week, Bitcoin has experienced a wave of panic selling under the shadow of Strategy's coin selling and the diversion of AI funds, dropping over 10% from a peak of $74,000, and has now fallen back to the low range for this year.It is worth noting that during this period, the open interest i...
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16:42

Kazuo Ueda: The Bank of Japan will continue to raise policy interest rates

According to Jinshi reports, Bank of Japan Governor Kazuo Ueda stated that the central bank's basic stance is to continue raising the policy interest rate based on economic, price, and financial developments.
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16:42

The US dollar against the Japanese yen has dropped nearly 30 points in the short term, currently reported at 159.45

According to Jinshi reports, the USD/JPY exchange rate has briefly fallen nearly 30 points, currently reported at 159.45. Bank of Japan Governor Kazuo Ueda stated that the basic stance is to continue raising the policy interest rate.
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15:42

BIT: Institutional capital flow direction, Bitcoin's key support level faces a test

According to BIT analysis, a significant feature of Bitcoin over the past four years is that most of the price increases are concentrated in a short period of rapid growth, followed by a prolonged period of sideways consolidation. The pullback phase also shows a similar pattern, where the price usua...
15:42

The Qingdao procuratorate clarifies the property nature of virtual currency in a case involving the theft of 107 bitcoins

According to Shandong Legal News, a Bitcoin theft case prosecuted by the Li Cang District Prosecutor's Office in Qingdao has been sentenced. The defendant, Zhang, was sentenced to 10 years and 9 months in prison for theft and fined 100,000 yuan.In the early hours of a certain day in 2024, the virtua...
15:42

Tether-supported Adecoagro will launch a sugarcane bagasse-powered Bitcoin mining business in Brazil

According to FinanceFeeds, Tether-supported large agricultural company Adecoagro plans to launch a Bitcoin mining operation powered by electricity generated from sugarcane processing in Brazil, with an initial capacity of 10 megawatts, approximately 1,280 mining machines, expected to start around Ju...
15:42

OECD: Central bank is expected to raise interest rates by 50 to 75 basis points

According to Jinshi reports, the OECD stated that if economic turmoil continues, central banks in various countries are expected to raise interest rates by 50 to 75 basis points.
15:42

Kuaishou's AI financing valuation is 18 billion USD, planning to go public in 2027

Kuaishou's subsidiary Keling AI is conducting its first round of financing after the spin-off, with a pre-investment valuation of 18 billion USD. The project plans to submit its Hong Kong stock listing application materials in early 2027.
14:43

Data: Bitcoin momentum indicator drops to -59, 30-day active buying demand turns negative

According to analyst Adler's latest post, the Bitcoin Impulse indicator, which reflects Bitcoin price momentum, has dropped to -59, indicating that market momentum has quickly turned negative; meanwhile, the 30-day Net Taker Volume Position Change indicator, which measures changes in active buying a...
14:43

Unitas Labs announces that the interest-bearing gold asset XGLD is officially launched today

Unitas Labs announced that its interest-bearing gold asset XGLD officially launched today. It is reported that this asset is backed 1:1 by physical Tether Gold (XAUt).The official statement indicates that XGLD aims to break the limitations of traditional gold with zero yield. Users can gain exposure...
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