News
Stay up-to-date on the most trending topics in crypto with our professional and in-depth news.
Trump’s televised argument with Zelensky unexpectedly boosted meme coin prices, with MAGA spiking 8.5%. This highlights how political drama can influence crypto markets, raising concerns about manipulation and opportunistic trading.
Solana faces volatility as TVL drops below $9B. Despite challenges, it remains a top blockchain by volume. Key price levels are crucial.
After a sharp 24% drop amid a $160 billion crypto market crash, PI shows signs of a potential rebound, with technical indicators signaling a possible recovery if demand picks up.
Bitcoin ETFs are bleeding cash, with $2.7 billion in outflows this week. Corporate holders are struggling, and liquidations are surging as fears of a bear market grip the crypto industry.
The Ethereum Foundation formed the Silviculture Society to reinforce core values and navigate leadership challenges. This diverse advisory group bridges builders, cypherpunks, and public figures to guide Ethereum’s future.
Onyxcoin’s price continues to decline, heavily influenced by Bitcoin’s market movements. Will it regain momentum if Bitcoin recovers, or is further downside likely?
- 12:03If Bitcoin Falls Below $117,000, Total Long Liquidations on Major CEXs Will Reach $1.455 BillionBlockBeats News, July 23 — According to data from Coinglass, if Bitcoin falls below $117,000, the cumulative long liquidation intensity on major CEXs will reach $1.455 billion. Conversely, if Bitcoin rebounds and breaks above $119,000, the cumulative short liquidation intensity on major CEXs will be only $181 million. BlockBeats note: The liquidation chart does not display the exact number of contracts pending liquidation or the precise value of contracts being liquidated. The bars on the liquidation chart actually represent the relative significance, or intensity, of each liquidation cluster compared to adjacent clusters. Therefore, the liquidation chart shows the extent to which the underlying asset’s price reaching a certain level will be affected. A higher “liquidation bar” indicates that once the price reaches that level, there will be a stronger reaction due to a wave of liquidity.
- 12:03EU prepares €100 billion 'no-deal' plan to counter 30% US tariffsBlockBeats News, July 23 — According to foreign media reports, if negotiations break down and U.S. President Trump follows through on his threat to impose a 30% tariff on most EU exports after August 1, the European Union plans to swiftly impose a 30% tariff on approximately €100 billion (about $117 billion) worth of U.S. goods. A spokesperson for the European Commission stated on Wednesday that, as part of the first wave of countermeasures, the EU will merge the already approved tariff list targeting €21 billion of U.S. goods with a previously proposed list covering an additional €72 billion of U.S. products into a single comprehensive package. According to sources familiar with the matter, U.S. exports—including Boeing aircraft, American-made cars, and industrial products such as bourbon whiskey—will face tariffs matching the 30% rate threatened by Trump. These sources indicated that the tariffs are set to take effect next month, provided negotiations collapse and the U.S. implements its tariff measures after the August deadline. A government official, speaking on condition of anonymity, said that in the absence of an agreement, Berlin is even willing to support the activation of the EU’s “Anti-Coercion Instrument” (ACI). This tool would only be deployed if no deal can be reached. (Jin10)
- 12:02Bitget Launches Spot Trading Event, Unlocking 50,000 BGB AirdropBlockBeats News, July 23 — Bitget has launched the first Trading Club Championship. The competition covers spot trading, spot swap, spot margin, and small-amount exchange transactions. During the event, users who reach the specified daily cumulative purchase amounts will earn corresponding points, with no upper limit on points earned. Eligible users will have the chance to unlock an airdrop reward of 24,500 BGB tokens. Additionally, the user ranked first in cumulative purchase amount will receive a reward of 500 BGB, while users ranked 2nd to 501st will unlock a prize pool of 25,000 BGB. The trading scope is limited to the top five cryptocurrencies: BTC, ETH, BGB, SOL, and DOGE. The transaction amounts of the top 501 users will be published via an official form at 11:00 (UTC+8) on the day following each event day. The event will run from July 24, 00:00:00 (UTC+8) to July 30, 23:59:59 (UTC+8).