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FTX lawyers counter Jump Trading’s $264 million damages claims
FTX lawyers counter Jump Trading’s $264 million damages claims

Quick Take Jump Trading subsidiary Tai Mo Shan claimed $264 million in damages from Alameda Research for a loan deal that never materialized. FTX lawyers argue the claim is invalid as the loan never commenced.

The Block·2024/07/11 11:01
BTC Falls Back to $58K After Failing to Challenge $60K, STX Soars 14% Daily (Market Watch)
BTC Falls Back to $58K After Failing to Challenge $60K, STX Soars 14% Daily (Market Watch)

LINK is down by more than 3% in the past day, while AVAX has jumped by just under 3%.

Cryptopotato·2024/07/11 09:46
German government continues bitcoin transfers to crypto exchanges and entities
German government continues bitcoin transfers to crypto exchanges and entities

The German government once again moved bitcoin to Bitstamp, Kraken and Coinbase.

The Block·2024/07/11 08:37
Flash
19:56
US Space Force: Blue Origin is still expected to undertake key satellite launch missions
Golden Ten Data, June 5 — The U.S. Space Force’s procurement division stated that despite the launchpad explosion last week, Jeff Bezos’s Blue Origin remains eligible to compete, thus bidding alongside Elon Musk’s SpaceX for the highly lucrative U.S. military space launch projects. The U.S. Space Force noted that this Blue Origin incident did not occur during an actual launch, but was part of a final pre-launch ignition test. Since the explosion did not happen during a certification flight, the agency said this will not result in Blue Origin being excluded from the certification process, and the company can still participate in bidding for the Pentagon’s "National Security Space Launch Program" Phase Three (“Lane 2”) contracts.
19:39
Trump stated that they will ensure the normal operation of 14 coal-fired power plants and 42 coal mines, and will also build two new coal-fired power plants and a large coal export terminal.
Coal exports are a high-quality foreign trade industry with very promising development prospects, and the stability advantage of coal-fired power generation is something other energy sources find difficult to replace. Various alternative energies struggle to achieve the same level of stable power supply as coal-fired power generation.
19:37
On Thursday, June 4th, at the close of trading in New York, the ICE U.S. Dollar Index fell by 0.10% to 99.432 points, remaining in a downward trend throughout the day. Before 16:00 (GMT+8), it held steady around 99.450 points, then displayed a V-shaped movement, hitting a daily low of 99.179 points at 20:00.
The Bloomberg Dollar Index fell by 0.06% to 1,204.71 points. In early European trading, the index briefly turned positive and reached an intraday high of 1,205.94 points at 15:41 (UTC+8). A V-shaped movement followed, and the index hit a new intraday low of 1,202.49 points at 20:00 (UTC+8).The US dollar against the Japanese yen fell by 0.03% to 160.02 yen. During a brief sharp decline, it reached a new intraday low of 159.61 yen at 12:34 (UTC+8).
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