Overview of important developments on the evening of June 20

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Cointime2025/06/20 13:24

By:Cointime

12:00-21:00 Keywords: TikTok, Waller, Self Chain, Animoca Brands

1. The Norwegian government plans to temporarily ban cryptocurrency mining

2. TikTok denies accusations of buying Trump's official memecoin

3. Federal Reserve Board member Waller: Interest rate cuts may be possible as early as the July meeting

4. Self Chain founder denies involvement in $50 million off-exchange cryptocurrency fraud case

5. Animoca Brands: Prepares to issue a Hong Kong dollar-pegged stablecoin, hoping to cooperate with mainland institutions on blockchain applications

6. US-listed company Everything Blockchain plans to strategically invest $10 million in SOL, XRP, SUI, TAO, and HYPE

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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- FUN plunged 32.34% in 24 hours to $0.008938, marking a 541.8% monthly loss amid prolonged bearish trends. - Technical breakdowns, elevated selling pressure, and forced liquidations highlight deteriorating market sentiment and risk-off behavior. - Analysts identify key support below $0.0080 as critical, with bearish momentum confirmed by RSI (<30) and MACD indicators. - A trend-following backtest strategy proposes short positions based on technical signals to capitalize on extended downward trajectories.

Bitget-RWA•2025/09/12 06:14

FUN drops by 32.34% within 24 hours as it faces a steep short-term downturn

OPEN has dropped by 189.51% within 24 hours during a significant market pullback

- OPEN's price plummeted 189.51% in 24 hours to $0.8907, marking its largest intraday decline in history. - The token fell 3793.63% over 7 days, matching identical monthly and yearly declines, signaling severe bearish momentum. - Technical analysts cite broken support levels and lack of bullish catalysts as key drivers of the sustained sell-off. - Absence of stabilizing volume or reversal patterns leaves the market vulnerable to further downward pressure.

Bitget-RWA•2025/09/12 06:14