Today
2025/06/29

If Bitcoin breaks through $109,000, the cumulative short order liquidation intensity of mainstream CEX will reach 624 million.

BlockBeats news, on June 29, according to Coinglass data, if Bitcoin breaks through $109,000, the cumulative short order liquidation intensity on mainstream CEX will reach $624 million. Conversely, if Bitcoin falls below $107,000, the cumulative long order liquidation intensity on mainstream CEX will only be $6,307,870. BlockBeats note: The liquidation chart does not display the exact number of contracts to be liquidated or the precise value of the liquidated contracts. The bars on the liquidation chart actually show the importance of each liquidation cluster relative to nearby liquidation clusters, i.e., intensity. Therefore, the liquidation chart shows the extent to which the target price reaching a certain position will be affected. A higher "liquidation bar" indicates that after the price reaches it, there will be a stronger reaction due to liquidity waves.
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AguilaTrades begins to rollover unrealized gains, increasing the Position to $216 million.

Odaily News According to on-chain analyst Yu Jin's monitoring, AguilaTrades has started to rollover unrealized gains, increasing the position to $216 million. He currently holds a long position of 2,000 BTC, worth $216 million, with an entry price of $107,459 and a liquidation price of $104,020. The current unrealized gains are $1.22 million.
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BTC breaks through 108000 USDT

Gate News bot message, Gate market shows BTC breaking 108000 USDT, current price 108020.4 USDT.
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The Israel Defense Forces reported recently carrying out multiple raid operations in Syria.

Jin10 data, June 29 - The Israel Defense Forces (IDF) issued a statement saying that the IDF troops deployed in the southern region of Syria are currently on high alert. Over the past week, the IDF has carried out multiple raids on weapon storage facilities in the area and has arrested several suspicious individuals, who have now been transferred to Israel for further interrogation. The IDF stated that such operations aim to eliminate potential risks that pose a threat to Israel's security.
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The EU claims to support the International Atomic Energy Agency's fair supervision of Iran's nuclear program.

On June 29, Jin10 reported that the EU's High Representative for Foreign Affairs and Security Policy, Borrell, stated that the EU will fully support the International Atomic Energy Agency and its Director General Grossi in continuing to impartially supervise Iran's nuclear program. Borrell emphasized that this is crucial for resolving the Iran nuclear issue through diplomatic means.
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Analysis: Bitcoin MVRV may form a "golden cross pattern" with the 30-day SMA, indicating a bullish outlook.

BlockBeats news, on June 29, according to analyst @alicharts, the Bitcoin MVRV (Market Value to Realized Value ratio) ratio may experience a golden cross with its 30-day SMA (Simple Moving Average), which could signal the start of the next pump for BTC. BlockBeats note: MVRV is an indicator used to compare the current market value of an asset to its realized value, providing insights into whether the asset is overvalued or undervalued.
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ETH breaks through 2450 USDT

Gate News bot message, Gate market shows that ETH has broken through 2450 USDT, current price is 2453.59 USDT.
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Musk criticizes the Senate's passage of the "Beauty Act": It will destroy millions of jobs in the United States and cause significant strategic damage.

According to BlockBeats news, on June 29, Musk commented on the Senate's passage of Trump's "Beautiful Greatness Act" on the X platform: "The latest draft of the Senate bill will destroy millions of jobs in America and cause tremendous strategic damage to the country. It is extremely crazy and destructive. It provides handouts to past industries while severely harming future industries."
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The first DeFi project CICADA Finance to achieve a $18 million oversubscription using USD1 has ignited the market.

CICADA Finance announced the completion of a $18 million Fair Launch, becoming the first DeFi financing case based on USD1, with plans to create asset management protocols and stablecoin applications. In collaboration with Metalpha, it launched a no-stake leveraged new listing mechanism to attract multiple institutions to participate.
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James Wyn "short order", 40x short order lost $3015

BlockBeats news, on June 29, according to Onchain Lens monitoring, James Wyn closed his BTC (40x) short positions with a loss of $3,015.97 and opened BTC (40x) long positions.
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Head of the Russian Arms Control Delegation: Any constructive progress on the Ukraine issue will annoy the EU.

Jin10 reported on June 29 that Yulia Zhdanova, the newly appointed head of the Russian delegation at the Vienna negotiations on military security and arms control, stated that any constructive progress on the Ukraine issue would annoy the EU. Zhdanova said: "We clearly see that any constructive progress on the Ukraine issue would irritate them (the Europeans), as it could undermine their plans to deepen the Ukraine crisis to weaken Russia."
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Slow Fog Cosine: Uniswap Card will collect user X's email Address.

Odaily News Slow Fog Cosine published on the X platform stating that Uniswap Card will collect users' X email addresses, meaning they can obtain the email, and of course, basic information like IP and UA will also be collected. However, this privacy has authentication, and Uniswap does not engage in malicious activities or leak information internally, so it's not a big issue. However, one should be aware of potential targeted phishing methods that may arise in the future.
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The encryption fear and greed index has risen to 68, remaining in a state of "greed".

According to BlockBeats news on June 29, as per Alternative data, the Crypto Assets fear and greed index rose to 68 today (up from 65 yesterday), and the market remains in a "greed" state. The average index last week was 42. Note: The fear index threshold is 0-100, which includes indicators: Fluctuation (25%) + market volume (25%) + social media heat (15%) + market surveys (15%) + Bitcoin's proportion in the entire market (10%) + Google trend analysis (10%).
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After PEPPINO went live on Alpha, it pumped 4462.94%, current price 0.003171 USDT

Gate News bot message, Gate market shows that since the launch of Alpha, PEPPINO has risen by 4462.94%, current price 0.003171 USDT.
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Another F-16 fighter jet of the Ukrainian 空军 crashed.

Jin10 reported on June 29 that the Ukrainian air force stated on social media that in the early hours of that day, Russian forces launched a large-scale attack on Ukraine using approximately 500 missiles and drones of various types. A Ukrainian air force F-16 fighter jet crashed while carrying out a mission, resulting in the death of the pilot.
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The newly formed 96th Division is responsible for the defense of the Jordan border.

Jin10 reported on June 29 that on June 29 local time, the Israel Defense Forces announced the recent formation of the 96th Division, which will be fully responsible for defense tasks along the Jordanian border.
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The Iranian encryption trading platform Nobitex is gradually opening wallet access.

BlockBeats news, on June 29, the Iranian cryptocurrency trading platform Nobitex released an update on the handling of a security incident, stating that user wallets will gradually be opened for access, starting with verified users and initially targeting Spot wallets, with subsequent expansion to other types of wallets. Users must first undergo identification verification, and Nobitex will begin to display wallet balances in phases. Nobitex was previously attacked by the pro-Israel hacker group "Gonjeshke Darande" "Predatory Sparrow", with estimated losses of around 100 million dollars.
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Ukrainian official: Russia launches largest airstrike since the outbreak of the conflict

Ukrainian officials reported that Russia recently launched the largest airstrike since the conflict began, firing 537 weapons. The Ukrainian Air Force shot down 249 of them and caused 226 to crash due to interference. This attack further undermined hopes for peace, with targets spread across the entire territory. The Polish Air Force has urgently deployed fighter jets to ensure safety.
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Guotai Junan Securities (Hong Kong) issues the first credit-based daily redeemable tokenized security.

BlockBeats news, on June 29th, GF Securities under GF Securities (Hong Kong) issued the first credit-based daily redeemable tokenized security "GF Token". The GF Token will simultaneously offer investors three currencies: USD, HKD, and offshore RMB, supporting daily interest accrual.
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Tether CEO: PearPass has launched testing, which will support mobile, desktop, and browser extension.

Golden Finance reported that Tether's CEO Paolo Ardoino announced on the X platform that the open source password manager PearPass has started testing and will soon be open sourced on the platform. It is reported that PearPass is a fully localized open source password manager that does not require cloud services or servers, only self-managing secret keys and supports secure storage on devices. Paolo Ardoino revealed that PearPass will support mobile and desktop versions, and will also launch a browser extension.
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International Atomic Energy Agency Director General: Iran could still produce enriched uranium within months.

Jin10 data reported on June 29, the Director General of the International Atomic Energy Agency, Grossi, stated in an interview with CBS News that despite the damage to several Iranian nuclear facilities from attacks by the United States and Israel, Iran still has the capability to produce enriched uranium within months. He called on all parties to return to the negotiating table. Grossi indicated that intelligence shows that Iran's nuclear facilities were severely damaged after the attacks, but not completely destroyed. Iran still possesses the relevant production capacity and has the corresponding industrial and technological capabilities. It only takes a few months for Iran to get the centrifuges running and produce enriched uranium.
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Report: The RWA market size has risen by 85% year-on-year to $24 billion, becoming the second fastest-growing sector after stablecoins.

PANews June 29 news, according to a report by Redstone, the tokenization of risk assets (RWA) surged from $5 billion in 2022 to over $24 billion by June 2025 (a rise of 380%), becoming the second fastest-growing area in the Crypto Assets field after stablecoins. Industry forecasts suggest that by 2030 to 2034, 10% to 30% of global assets may be tokenized. Asset tokenization has transitioned from experimental pilot projects to large-scale institutional adoption in 2024-2025. By December 2024, the market size of tokenized real-world assets reached $15.2 billion (excluding stablecoins) and continues to rise, exceeding $24 billion by June 2025, representing a year-on-year growth of 85%. As of June 2025
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The Israeli military issued evacuation warnings for certain areas in northern Gaza.

On June 29, Jin10 reported that Israeli military spokesman Avichai Adraee issued an evacuation warning for parts of northern Gaza Strip on social platform X, stating that the Israel Defense Forces will carry out high-intensity military operations in these areas, with the operation expanding westward to the city center to destroy military facilities of terrorist organizations.
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After the launch of PEPPINO Alpha, it has pumped 3285.60%, current price 0.002351 USDT

Gate News bot message, Gate market shows that since the launch of Alpha, PEPPINO has pumped 3285.60%, current price 0.002351 USDT.
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Viewpoint: In the short term, stablecoins cannot save the dollar's credit from crisis.

The Golden Finance reported that Minsheng Securities released a research report stating that at least in the short term, stablecoins cannot save the credit of the US dollar from peril. The difference between stablecoins and gold is that, first, their supply may also go out of control, lacking an objective constraint mechanism; second, they are not globally recognized as reliable reserve assets. Minsheng Securities' main point of view is that the rise in the market capitalization of stablecoins will mainly come from speculation, investment, or demand for value preservation regarding digital assets, as well as new demand for participation in international trade settlement. Perhaps time can solve the problem, but at least in recent years, stablecoins have not been able to truly stabilize the US dollar.
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Encryption analyst: alts and institutional Bitcoin hot money are flowing into Bitcoin treasury strategy companies and crypto-related stocks.

ChainCatcher news, encryption analyst Scott Melker tweeted that "currently, the hot money from alts and institutional Bitcoin is flowing into Bitcoin treasury strategic companies and crypto-related stocks. In the future, this money may flow into Wall Street's tokenization plans."
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Agreement reached with G7, US companies will be exempt from certain provisions of the global minimum tax.

The G7 announced support for a proposal that exempts American companies from certain provisions of the 2021 "Global Minimum Tax" as a response to the agreement for the repeal of the retaliatory tax under Section 899.
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NVIDIA insiders have sold more than $1 billion in company stock over the past 12 months.

According to Golden Finance, the Financial Times reported that insiders at Nvidia (NVDA.O) have sold more than $1 billion worth of company stock in the past 12 months.
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ETH Whale closed all positions after holding for 47 days, liquidating 1550 ETH, ultimately incurring a loss of $69,000.

Odaily News According to on-chain data analyst @ai9684xtpa, a Whale holding ETH closed all positions after 47 days at an average price of $2438.5, cashing out approximately $3.78 million, resulting in a final loss of $69,000. The Address had previously purchased a single transaction on May 12 at $2482.73, with the highest unrealized gains reaching $614,000 but did not take profit, ultimately missing out on profits before exiting.
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Ukraine claims multiple regions are under missile attack, Kyiv has sounded the air raid siren.

Jin10 data reported on June 29 that the Ukrainian air force announced early on the 29th that missiles were incoming in locations such as Kremenchuk, Dnipro, and Poltava. Additionally, according to local media reports, air raid sirens were also sounded in Kyiv early on the 29th.
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Golden Finance reports that the latest data from Cryptoslam shows that the cumulative sales of Immutable network NFTs have surpassed $1 billion, currently reaching $1,085,046,529, ranking as the seventh largest blockchain network by sales. The network's volume has exceeded 20 million transactions. In the past 7 days, sales of Immutable network NFTs have surged, currently reaching $40,725,705, surpassing Ethereum ($26,705,948). Immutable co-founder Robbie Ferguson disclosed this week that some "special benefits" will be provided for IMX stakers, but no snapshot has been taken yet.
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The Egyptian Foreign Minister held talks with the Austrian Foreign Minister, both emphasizing the importance of maintaining the ceasefire in Iraq.

Jin10 data June 29 news, on the 28th local time, Egyptian Foreign Minister Sameh Shoukry held talks with Austrian Foreign Minister Alexander Schallenberg during his visit. After the talks, Shoukry stated that both sides condemned the Israeli military's attacks on Iranian nuclear facilities and emphasized the importance of maintaining the current ceasefire between Israel and Iran. To this end, relevant parties should swiftly take action to restore bilateral negotiations between the United States and Iran.
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The U.S. Senate secured enough votes in a procedural vote to advance the Trump tax reform bill.

BlockBeats news, on June 29, according to market news, the U.S. Senate has secured enough votes in a procedural vote to advance Trump's tax reform bill, increasing the likelihood of the bill passing in the coming days. (Jin10)
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Overview of popular coins on June 29, 2025, with the top three in popularity being: Pudgy Penguins, Zircuit, Bonk

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Data: Retail investor demand hits a 6-month low, down 10% in 30 days.

According to a report by Golden Finance, CryptoQuant analyst Maartunn stated that the demand from retail investors (the transfer volume on the 0-day MA between $10 and $30) has decreased by 10% in the past month, reaching a 6-month low.
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Market Report: Top 5 Crypto Assets by Rise on June 29, 2025, with the leading coin being Pudgy Penguins.

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James Wynn: If Hyperliquid raises the leverage to 50 times, I will deposit 75 million dollars to go long again.

According to BlockBeats news, on June 29, Whale James Wynn stated, "If Hyperliquid raises the leverage back to 50 times, I will come back to deposit $75 million, and I will go long again, let's do this again, this time I am ready." BlockBeats previously reported that on March 12 this year, Hyperliquid lowered the maximum leverage for Bitcoin from 50 times to 40 times due to the "50 times leverage whale" ETH long positions liquidation incident.
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Crossmint collaborates with Visa to enable AI-driven on-chain payments using tokenized credentials.

Odaily News According to Cointelegraph on the X platform, Crossmint has partnered with Visa to implement AI-driven on-chain payments using tokenized credentials.
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Vitalik: World digital ID may threaten online Anonymity, suggests adopting a diversified model for the issuance of digital identity.

Ethereum co-founder Vitalik Buterin pointed out that the "one person, one identity" zk-SNARKs project could threaten online Anonymity, suggesting the adoption of a diversified model to protect privacy and avoid overly strict implementations that could jeopardize the anonymity of internet users.
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In the past 7 days, NFT trading volume increased by 8.17% month-on-month, reaching 125.1 million USD, with trading volume on the Ethereum network rising by 31.77%.

The NFT market has seen a resurgence in the past week, with trading volume rising by 8.17% to $125.1 million. The number of buyers remained stable at 1.06 million, while the number of sellers increased by 8.09% to 38,494. Trading volume on the Ethereum and Immutable networks surged significantly. High-value transactions were mainly concentrated in the CryptoPunks series.
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The Ukrainian Parliament claims it is drafting legislation related to elections after the end of the state of war.

The Chairman of the Ukrainian Verkhovna Rada, Stefanchuk, stated that the parliament is drafting a bill to hold elections after the end of the state of war, preparing to address future challenges. The draft will regulate elections and seek appropriate legislative compromises.
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CoinLedger: In the past 60 days, the number of warning letters issued by the IRS to encryption investors has surged by over 750%.

The proportion of American Crypto Assets investors receiving warning letters from the IRS surged by 758%, most of which are educational in nature. Trump is considering eliminating the encryption tax, but Congress has not legislated. CoinLedger's CEO warns that this could be the beginning of a larger enforcement action.
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Report: Most Bitcoin reserve strategy companies are likely to fall into a "death spiral", with only a few able to survive.

Odaily News According to a report released by the venture capital firm Breed, Bitcoin asset management companies have become the focus of the 2025 encryption trend, but most projects may fall into a "death spiral" due to price declines, MNAV (Market Net Asset Value) downturns, and financing difficulties. The report points out that only a few companies with strong execution capabilities, differentiated strategies, and a continuous increase in per-share BTC can maintain MNAV premiums and survive in the long term. Although most companies currently rely on equity financing, which alleviates systemic risks, an increase in the proportion of debt financing may trigger the next round of the crypto bear market. (Cointelegraph)
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Report: Only a few companies can survive with the strategy of hoarding BTC.

PANews, June 29 news, according to Cointelegraph, a report from the venture capital firm Breed states that only a few Bitcoin fund management companies can withstand the test of time and avoid falling into the vicious "death spiral." This spiral will affect BTC-holding companies whose trading prices are close to the net asset value (NAV, which is the total assets of a business entity minus its liabilities). The report noted that the health of Bitcoin fund management companies depends on their ability to control the multiple of the minimum net asset value (MNAV). The report from Breed outlines the seven stages of the decline of BTC fund management companies, starting with the drop in Bitcoin prices, which triggered a decrease in MNAV, bringing the company's stock prices close to their actual net asset value. This, in turn, made it harder for BTC-holding companies to obtain debt and equity financing, which is essential for coping with inflation.
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Saturday
2025/06/28

Vitalik warns: Sam Altman's digital identity verification system may undermine anonymity.

Ethereum co-founder Vitalik Buterin warned that the digital identity verification system World Digital IDs launched by Sam Altman could threaten online anonymity and impact user privacy. He believes that privacy is a crucial component of Crypto Assets, and such services could lead to tracking and identifying users.
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Trump: Does not believe Iran was hiding some enriched uranium before the US launched an attack.

Golden Finance reported that a segment of U.S. President Trump's interview with Fox News showed that when asked "Do you think the Iranian regime hid some enriched uranium before launching an attack on the U.S.?" Trump denied it, stating that he believes it is very difficult to do and extremely dangerous, and that Iran only knew about the U.S. military's impending action at the time of the attack.
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Data: Since its launch, Apps on Ethereum have generated approximately $26 billion in user transaction fees.

According to a report by Golden Finance and disclosed by Cointelegraph, since its launch, Apps on Ethereum have generated approximately $26 billion in user payment fees. Major contributors to Ethereum's "Gross Domestic Product" (GDP) include Tether, Uniswap, and Circle.
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Meow. After the launch of Alpha, it pumped 620.44%, current price 0.0004599 USDT

Gate News bot news, Gate market shows that since the launch of Alpha, Meow. has risen 620.44%, current price 0.0004599 USDT.
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Venture Capital Report: Only a Few Bitcoin Treasury Companies Can Avoid the "Death Spiral"

Golden Finance reports that according to Breed's report, only a few Bitcoin vault companies can avoid the "death spiral," and their health depends on whether they can maintain a trading multiple above net asset value. The report outlines seven stages of decline for Bitcoin vault companies, which typically begin with a fall in Bitcoin prices.
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U.S. Senator John Barrasso, the number two Republican in the Senate, announced that the Senate will hold its first procedural vote on the Trump tax cut plan at 4 p.m.

Golden Finance reported that U.S. Senate Minority Whip John Barrasso stated that the Senate will hold its first procedural vote on the Trump tax cut bill at 4 p.m.
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The BlackRock BUIDL fund has reached a size of $2.8648 billion.

According to a report by Jinse Finance, on-chain data shows that the BlackRock BUIDL Fund has reached a size of $2,864,805,047, with a 30-day fall of 1.6%. The current number of holders is 83 (targeted at institutional investors, with a minimum threshold of $5 million), and the management fee is 0.20-0.50%.
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Meow. After launching Alpha, it pumped 501.42%, current price 0.0003823 USDT

Gate News bot message, Gate market shows that since the launch of Alpha, Meow. has risen 501.42%, current price 0.0003823 USDT.
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The net supply of Ethereum increased by 16,260 coins in the past 7 days.

According to a report by Jinse Finance and data from Ultrasound.money, the net supply of Ethereum has increased by 16,260 coins over the past 7 days, with an increase of approximately 18,529 ETH and a destruction of 2,269 ETH through the Burn Mechanism. The current supply growth rate is 0.702% per year.
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The total market capitalization of stablecoins rose by 0.67% in the past week.

Golden Finance reports that according to DefiLlama data, the total market capitalization of stablecoins rose by 0.67% in the past week, currently reported at USD 253.238 billion. Among them, the total market capitalization of USDT increased by 1.03%, currently reported at USD 158.304 billion, with a market share of 62.51%.
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In the past 24 hours, the entire network's contracts got liquidated for 176 million USD, mainly long orders.

PANews June 28 news, Coinglass data shows that in the past 24 hours, the total liquidation of contracts in the crypto assets market reached $176 million, with long orders liquidating $136 million and short orders liquidating $40.13 million. The total liquidation amount for BTC was $107 million, and for ETH, it was $1.85997 million.
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