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Hyperliquid's platform faces scrutiny after a series of high-leverage trades raise suspicions of money laundering and illicit activities, possibly involving stolen funds or hackers.
Kaspa (KAS) has surged 15% after hitting a two-year low, supported by strong trading volume and a shift in market sentiment. If support at $0.065 holds, KAS could see further gains.
Strict U.S. regulations led to crypto airdrop restrictions, costing American users billions. With firms relocating overseas, tax losses continue to rise.
AI agents are surging in growth without the need for tokens, as free and open-source solutions dominate the market. Critics argue that tokenized AI projects often lack substance.
More than half of Ethereum holders are currently at a loss due to its price drop. Despite market struggles, trends suggest potential for recovery.
The market selloff is heavily tied to the increased correlation between equities and crypto, as crypto-friendly institutions are going more risk-off
XRP's price holds steady above $2.00 but faces ongoing challenges with declining investor participation and weak market momentum, making a recovery uncertain.
- 19:18Alleged Fake Powell Resignation Letter Circulates on Social MediaAccording to Jinse Finance, a so-called "resignation letter from Federal Reserve Chairman Powell" has recently been circulating on the social media platform X, stating that "Powell has decided to resign as Chairman of the Federal Reserve, effective July 22." U.S. financial media reporters, citing sources, said that the resignation letter circulating among some MAGA accounts is fake. Some netizens also pointed out that the letter shows obvious signs of being AI-generated, especially the Federal Reserve seal. Sandra Thompson, Director of the U.S. Federal Housing Finance Agency, commented, "I believe Powell will resign soon, but today is not that day." As of press time, there have been no significant fluctuations in the gold and silver markets.
- 19:18BTC briefly surpasses 120,000 USDAccording to Jinse Finance, market data shows that BTC briefly surpassed $120,000 and is now quoted at $119,908.89, up 2.19% in the past 24 hours. The market is experiencing significant volatility, so please manage your risks accordingly.
- 17:34Sources Say Significant Progress Made in Gaza Ceasefire TalksAccording to Jinse Finance, citing CCTV News, significant progress has been made in the latest round of Gaza ceasefire talks currently underway in Doha, the capital of Qatar. Israel's public broadcaster, quoting informed sources, reported that the parties are now focusing on the scale and positioning of Israeli military deployments in areas such as the "Philadelphi Corridor" and the "Morag Corridor" in southern Gaza. The talks have made major headway as the Israeli side has shown flexibility on this issue. The source revealed that the parties are expected to reach an agreement. Israeli media previously disclosed that, according to the latest withdrawal plan submitted by Israel to mediators, Israel will carry out a large-scale withdrawal from areas such as the "Morag Corridor" and make adjustments to troop deployments in other regions, representing certain concessions compared to previous withdrawal proposals.