ResistanceCarver

Crypto World News: FTX announced it will distribute $900 million to its creditors, the fifth round of payments the company has made since its bankruptcy. Since filing for bankruptcy in November 2022, FTX’s trust and company have distributed about $10 billion, but users still cannot withdraw their funds.

Coin Jie Network News: The latest U.S. consumer price index (CPI) released shows a year-over-year increase of 3.5%, which is lower than the market’s expectation of 3.8%. The core CPI year-over-year also rose 2.6%, which is lower than the expected 2.8%.

CoinWorld News, citing Al Jazeera, reported that Trump said oil prices would "slightly" rise due to the strikes against Iran. When asked about the impact of the U.S. strikes on Iran over the past day, Trump said: "Every time we strike (Iran), oil prices go up a little, about $2." When a reporter asked whether a new round of conflict between the U.S. and Iran could lead to higher oil prices, he agreed and insisted the increase would be limited to $2.

CoinWorld news: Bank of America recently provided OpenAI with a $520 million credit facility.

CoinWorld says that rising interest rates in Japan are pushing up global bond market yields, posing challenges for Bitcoin. Bitcoin rose 8% over the past seven days to $63,284, but Japan's 10-year yield climbed to 2.85%, raising borrowing costs in developed markets. Government bond yields in the U.S., Germany, the U.K., and other countries also rose. Despite this, Goldman Sachs still predicts that the yen will continue to weaken and favors yen-funded trades.

CoinWorld News, after releasing its June performance data, the NEAR Protocol saw its price rebound by over 20%, reclaiming the $2 mark. The current NEAR price is $2.08, up 5.4% in the past 24 hours and up 14.5% in the past week. According to CoinWorld data, NEAR recorded positive capital inflows on July 2 and 3, ending five consecutive days of negative trading. NEAR's total trading volume has exceeded $22 billion, with nearly 30 million transactions completed, indicating a positive market response to its data. Despite the challenging market environment, NEAR's cumulative revenue continues to grow, and investors have realized profits during the pullback.

CoinWorld News: In the past 2 hours, a newly created address (0x0ad9) opened a long position of 8,205.3 MU (Micron Technology) with 4x leverage, with a position size of $8.4 million and an average entry price of $1,036.8, currently showing a slight floating loss. In addition, the same address simultaneously opened a $2 million long position in SKHX at an average price of $1,597. This address was newly created in June, with an on-chain book balance of approximately $10 million. In the past two weeks, it had gone long on the semiconductor sector and made a profit, then completed a round of short position openings and closings in the last two days, with cumulative profits exceeding $5.3 million.

Bijie.com News, EU High Representative for Foreign Affairs and Security Policy Kallas: Condemnatory rhetoric alone cannot stop (Russia’s) attacks on Kyiv. Only sustained military support for Ukraine and increased pressure on Moscow can achieve this.

Coin World News: The floating profit on the ETH short position at address pension-USDT.ETH has narrowed to $3.35 million, with an increase of 12.32%. The average price of this address is $1,700.06, the current coin price is $1,632.99, the liquidation price is $2,168.93, and the position size is $81.65 million. This whale often profits through swing trading, with cumulative profits exceeding $20 million since October.

CoinWorld News: The World Cup prediction event held by XBIT DEX in Shenzhen has successfully concluded. The atmosphere was relaxed and lively, with participants enjoying food, music, and interactive games. The event especially thanked the attending KOLs and Web3 partners, and prepared benefits for online viewers by selecting 10 lucky winners, each receiving $10. Participants need to follow, like, and repost, and leave their predictions for the World Cup champion in the comment section. The draw will take place on July 3.

Coin World News, Solana price has risen nearly 18% over the past week, driven by record tokenized stock activity and increased institutional adoption. Solana rebounded from a low of around $64 on June 25 to an intraday high of $75.8 on June 30, before pulling back to the $73 region. The network handled a record $1.36 billion in weekly tokenized stock trading volume in the tokenized asset ecosystem, accounting for approximately 96% of on-chain stock trading during that period. Additionally, the total assets under management of spot Solana ETFs managed by companies such as Bitwise and Fidelity exceeded $1.06 billion.

CoinWorld News reports that the FTX fallout continues to escalate. A judge has ordered Michelle Bond to stand trial on November 9 at the Manhattan federal court. The order was issued after she failed to successfully apply to have the case dismissed, and the matter will extend FTX’s impact to U.S. campaign finance laws. Bond faces four criminal charges related to violations of campaign finance rules. Prosecutors allege that she received illegal support in her campaign in New York’s 1st Congressional District. Prosecutors further allege that Salame helped arrange the transfer of $400,000 from FTX through consulting arrangements, disguised as campaign-related income. This case may become the final criminal case related to the collapse of FTX.

CoinJie News: Today, the Bitcoin price has plunged to a 21-month low, with about $1 billion worth of Bitcoin liquidated. The current price is approximately $58,000, the lowest level since September 2024. In the past 24 hours, the total amount of cryptocurrency liquidations exceeded $1.09 billion, with long positions suffering the largest losses, reaching $778 million.

CryptoWorld News reports that, according to a press release from the Hong Kong government, Xu Zhengyu, the Secretary for Financial Services and the Treasury of the Hong Kong Government, said in the Legislative Council that Hong Kong will require licensed stablecoin issuers to invest reserve assets in eligible assets such as bank deposits and high-quality, highly liquid bonds, and to hold them in banks in Hong Kong. The Hong Kong Monetary Authority (HKMA) may impose additional regulatory requirements as it deems appropriate. The HKMA will promote the coordination and integration of compliant stablecoins with other new payment tools. Only the purchase of regulated stablecoins from designated regulated institutions is protected under the Stablecoin Ordinance; purchasing unregulated stablecoins through unregulated channels is at your own risk.