Cryptocurrencies

Donald Trump signed a memorandum of understanding between the United States and Iran. The agreement became a major geopolitical event. Despite this, Bitcoin still failed to recover after the Federal Reserve’s hawkish statements. As of the time of writing, the leading cryptocurrency is trading near $63,800, down 2.80% over the past 24 hours. We break it down…

The well-known trader Garret Jin, who trades on the decentralized exchange Hyperliquid, fully sold 184,102 HYPE worth $13.54 million, locking in a profit of $2.83 million. This was reported by analysts at Onchain Lens. Garret Jin has started buying $HYPE again. So far, he has bought 71,092 $HYPE worth $5.06M and still has a TWAP order […]

On June 17 Tether announced the phased closure of Alloy by Tether and aUSDT — a dollar asset over-collateralized with the Tether Gold (XAUt) token. The first phase has already started: immediately after the interface update, users will no longer be able to open new positions and mint new aUSDT. Existing clients were given three months to return aUSDT and withdraw the collateral in…

The price of the first cryptocurrency dropped below $64,000. The digital asset market reacted with a decline to the results of the first Fed meeting under the leadership of Kevin Warsh. The hourly BTC/USDT chart of the Binance exchange.

Seller pressure on the altcoin market reached its highest level in the past five years. The cumulative excess of sells over buys on centralized exchanges approached $209 billion. This is the worst figure since observations began in 2020, analysts at the CryptoQuant platform reported. The analysts drew attention to the dynamics of the Cumulative Buy/Sell Volume indicator…