DoNotTouchTheLiquidationLine.

Win an iPhone Duo | Redeemable for 2888 USDT

Summit Capital fan giveaway: one winner will receive an iPhone Duo

Leave your UID in the comments section

$SUI is holding near a key area, and buyers are still showing interest. If this level stays strong, a small move higher could come next.

Entry: $1.042
TP1: $1.048
TP2: $1.055
TP3: $1.063
SL: $1.030 ‌#AMDMarketCapTops1Trillion #GateRanks6thAmongGlobalCEX

Lower highs are starting to matter.

Momentum is fading for $SPX

▸ $SPX is trading below a descending trendline.

▸ Price is testing around 7,487 after rejecting near 7,510.

▸ The next key support sits around the 7,420 zone.

What stood out to me is the repeated rejection from lower highs.

That usually signals buyers are losing control unless support holds.

If $SPX loses support, risk assets including $BTC could face short-term pressure.

#GUSDYieldRisesto3.8% #TrumpDeclaresEndToUSIranCeasefire

Wu Says Learned That the Bitcoin Staking Protocol Babylon Has Announced a Partnership With the Institutional MPC Wallet Platform Utila, Planning to Use Aave v4 to Provide Native Bitcoin Collateralized Lending for Utila’s Institutional Bitcoin Holders. Babylon Said That Utila Serves More Than 300 Institutions, and in the Future Clients Will Be Able to Borrow and Lend With Native Bitcoin Without the Need for Wrapping, Cross-Chain, or Relinquishing Custody Rights.

Wu Shuo learned that the Jing'an District People's Procuratorate of Shanghai recently filed a public prosecution against a cross-border virtual currency illegal exchange case involving over 200 million RMB. The main culprit Li and four others were sentenced, while another four were granted relative non-prosecution. The investigation revealed that Company Z, since 2019, packaged itself as a "private bank" and, through domestic and overseas operating teams, used virtual currency as a medium for cross-border "counter" exchanges. They attracted high-net-worth individuals with overseas asset needs through study abroad and immigration intermediaries. The gang members exploited the anonymity and on-chain transfer characteristics of virtual currency to artificially sever the trail of fund flows, charging a 3% service fee, and exchanged the virtual currency for foreign currency abroad before depositing it into the clients' accounts.

JPMorgan Chase stated that, based on its exchanges with clients and market participants, institutional demand for perpetual futures remains limited, and such products are more often viewed as speculative trading tools rather than alternatives to traditional derivatives. The report pointed out that although perpetual futures support 24/7 trading and eliminate rollover costs, most trading comes from traders seeking leveraged directional exposure, rather than institutions with genuine hedging needs. Additionally, the report believes that factors such as basis risk, lack of term structure, insufficient physical delivery, and the lack of traditional clearing guarantees for on-chain products all limit institutional adoption. (CoinDesk)

According to SoSoValue data, as of June 24 Eastern Time, Bitcoin spot ETFs had a total net outflow of $469 million. Yesterday, the Bitcoin spot ETF with the largest single-day net inflow was Grayscale Bitcoin Mini Trust ETF BTC, with a single-day net inflow of $23.5642 million. Ethereum spot ETFs had a total net outflow of $30.2382 million, and the Ethereum spot ETF with the largest single-day net outflow yesterday was Fidelity ETF FETH, with a single-day net outflow of $15.6897 million.

Cambrian completed a $6 million seed round led by Franklin Templeton and Polychain Capital, with participation from Flow Traders, Selini Capital, Paper Ventures, Nomad Capital, etc., bringing total funding to $11.9 million, including a $5.9 million pre-seed from the a16z Crypto Startup Accelerator. Cambrian provides APIs covering on-chain and off-chain data such as yields, risk, lending, trading activity, and market sentiment, and plans to build a verifiable blockchain data oracle network for institutions and AI agents.