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CoinMarketNews reports that the latest Consumer Price Index (CPI) shows U.S. inflation has fallen to 3.5%, below most expectations. In June, CPI fell 0.4% month over month, bringing annual inflation to 3.5%. Economists surveyed by Dow Jones had predicted the prior month’s decline would be 0.2% and forecast inflation at 3.8%. In remarks on Tuesday, Federal Reserve Chair Kevin Wausch reiterated his resolve to combat inflation, saying that inflation is an “unfair burden” on the American people and businesses. He said that “institutional change” in policy is necessary. With inflation easing, market expectations for the Fed’s rate hikes this year have also declined: the probability of a rate hike at the July meeting fell from 42% the day before to 17%.

$BTC Update & Hyblock Heatmaps
Bitcoin bounced as expected yesterday.
Not interested in trading it here in the middle of the range.
But if we would get that sweep of the high, I'll be looking to short 66k.

CoinWorld news, BlackRock deposited 20,359 bitcoins into Coinbase over the past four days, worth approximately $1.22 billion. The latest transfer was 4,917 bitcoins, worth approximately $301 million.

Bihang News, on-chain analyst Yu Jin said that the crypto market has been falling for half a year this year, and the overall market cap of USD stablecoins has decreased by about $10 billion, now standing at $300 billion. The outflowing funds mainly flowed into the U.S. stock market. In the latest quarter, the total supply of USDT decreased from $189.8 billion to $184.1 billion, with an outflow of $5.7 billion; the total supply of USDC decreased from $79.6 billion to $73.0 billion, with an outflow of $6.6 billion, making it the stablecoin with the largest outflow. In contrast, the total supply of USD1 increased from $4.1 billion to $4.6 billion, with an inflow of $0.5 billion, making it a stablecoin that grew counter to the market. This growth mainly relies on USD1's interest subsidy activities on multiple CEXs.

$CGPT is testing a major support zone after months of selling.
Price is holding above $0.0179, while the long-term downtrend resistance has been broken.
A sustained move above recent highs could trigger a recovery toward $0.030 and $0.042.
Lose $0.0179, and the bullish setup is invalidated.
This is a key level to watch. LFG.🚀
#gStocksTokenizedStocksLive #WeakNFPShakesRateHikeOdds

Bījìe.com news: Loopring announced that it will immediately shut down its decentralized exchange and automated market maker. The reason is years of low user adoption, limited business development capabilities, and competition from emerging zkEVM Ethereum scaling networks. The team said that Loopring pioneered zero-knowledge Rollup technology, but the protocol architecture lacks a virtual machine, which limits composability and practical payment use cases, thereby restricting ecosystem growth. The protocol’s total value locked was about $760 million at the peak of the 2021 crypto market, but it has now fallen to about $8 million. Loopring also pledged to calculate the final user balances after the shutdown and distribute the funds to users’ Ethereum wallets.

According to Arkham monitoring, a whale just got liquidated due to $47.5 million in BTC and $28.2 million in XRP, with a total liquidation amount of $75 million. The whale has currently lost a total of $8.2 million. He only has $1.6 million left.

CoinWorld News: In the past hour, the total liquidation amount of contracts across the network reached $111 million, with long positions accounting for $108 million. The current BTC spot price is $59,846.76, with a 24-hour drop of 3.96%. In this liquidation, BTC's liquidation amount was $49.83 million, accounting for 44.78%.

Coin World News: When prices are high, a whale increased its holdings on a DRAM short order by 4,660.00 units, worth approximately $337,592.79. The size of its open position has reached $3,565,505.25, and the average entry price has been adjusted from $62.05 to $62.77. At present, the current profit and loss on this short position is -$366,825.82, with a loss ratio of -34.62%. The current price is $69.97, and the liquidation price is $88.55. The address is 0x4c78a97cef589b01bb91dbf893fffa14243d2444. It prefers to time tops and short various assets; it is currently SK Hynix’s largest short position holder, and the overall position is still in a loss state, with a monthly loss of approximately $6 million.

Thorchain announced that trading has fully resumed after a one-month pause due to a vulnerability and an estimated theft of approximately $10.7 million, with functions such as trading, signing, and liquidity provision now available. The recovery process was strict, with vault verification, key sharing checks, and all node key sharing checks completed before the restoration. According to Crypto.News data, the price on June 23 was $0.419456, down 0.2% in 24 hours, up 2% over the week, with a daily trading volume of $16.29 million.

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SL 4.850
TP 5.150
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CryptoWorld News reports that GoPlusSecurity stated that on June 19, the Starknet project was attacked: the attacker exploited a vulnerability to deploy a fake “evil” token contract (0x028c9a), and further exploited a flaw in the project contract (0x01114c) to steal approximately $305,000 from the MySwap CL liquidity pool, including 137.96 ETH, 230,167.88 STRK, 45,123.91 USDC.e, and 19,945.24 USDT.

CryptoWorld News: Kremlin: Russia's airstrikes on Ukraine will continue, Ukraine's policies are not aimed at negotiations.

CryptoWorld News reports, according to Fox News: U.S. President Trump stated that he is close to ordering new strikes on Iranian factories and bridges.

$BTC Price broke above 64k but couldn't hold the level,
Now we are getting a pullback and price is currently sitting sub 63k (prior support zone),
Perps CVD is slowly pulling back alongside spot CVD, which is also rolling over.
There weren't any major liquidation after the previous short squeeze other than some small longs rekt.
The higher lows is still holding and structure hasn't broken, so overall it's still bullish and could run to 65-66k,
But CVDs reversing at resistances is the same pattern that caused previous bounces to stall and decline.
So it could play out similar + I got a pivot coming up,
So everything aligns in the favor of bears and I wouldn't like longing here,
It's better to wait for price to get to our levels (posted earlier)
The two scenarios that could play out here are,
CVDs start improving again on the next push with OI expanding, that would break the current resistance (64k).
OR
CVDs keep on rolling over from resistance, that would get us lower,
And test the support zone that I was talking about in my previous post.
I will be monitoring how things play out in today's NYO.

CryptoWorld News reports that, according to Al Jazeera, Bahrain condemned Iran for launching seven ballistic missiles into its territory and Kuwaiti territory early Saturday morning, calling this a blatant violation of sovereignty and a threat to Gulf security. The Bahrain Ministry of Foreign Affairs issued a statement saying the missiles were successfully intercepted and praised the vigilance of its armed forces and Kuwaiti armed forces. Bahrain also called on Iran to immediately cease unprovoked attacks, fully open the Strait of Hormuz, disclose the locations of water mines, and allow over 20k stranded sailors to safely leave the area.