15:55 2025-07-09
Analysis: Stellar network upgrade caused price volatility, XLM rose by 14.3% in the dayThe price of Stellar Lumens (XLM) rose as much as 14.3% in 24 hours, from $0.252 to $0.293, and finally closed at $0.2896. The rise was accompanied by a surge in trading volume, peaking at 405.90 million, 7.5 times the daily average trading volume.
The price increase was mainly driven by the release of Stellar Core v23.0.0rc2, which enhances network maturity and scalability. Technical analysis shows that XLM has broken through the resistance levels of $0.270 and $0.278, with short-term support e...
15:55 2025-07-09
Trump again complains interest rates are too high, US bond yields are lowerTreasury yields fell as Mr. Trump stepped up pressure on Mr. Powell to slash interest rates. The current federal funds rate is at least 3 percentage points higher, Mr. Trump said in a post on the social media Truth Social. Mr. Trump is looking for a new Fed chair and has made it clear he wants to choose someone who shares his views on monetary policy. CME data shows that the Fed is widely expected to leave rates unchanged at its meeting later this month. Traders are largely betting that the Fed ...
15:37 2025-07-09
Futu Holdings rose more than 5%, and JPMorgan raised its target price to $160Futu Holdings (FUTU.US) rose more than 5% to $137.32. On the news, Morgan Stanley raised its target price of Futu to $160. The bank said that Futu completed the upgrade of the No. 1 license in Hong Kong in July 2024, which can provide crypto asset trading services to Hong Kong retail investors. The Cheetah of Futu officially obtained the VATP license issued by the Hong Kong Securities Supervision Commission in January 2025. It is expected that by 2027, spot trading will generate incremental reve...
15:37 2025-07-09
GMX attackers have transferred 2,000 ETH to a new address on ArbitrumAccording to Paidun monitoring, the GMX attacker marked the address and transferred 2,000 ETH (about $5.30 million) to the new address 0x99Cd... 2DAe on Arbitrum. In addition, the attacker also exchanged about 9 million USDC for about 9 million DAI on Ethereum.
15:34 2025-07-09
Tornado Cash Developer Trial Bans Reference to Key Legal precedentJudge Katherine Polk Failla of the US Federal Court for the Southern District of New York ruled that the Van Loon v. Treasury decision, which found that "immutable smart contracts are not property", should not be mentioned in the criminal trial of Roman Storm, the developer of Tornado Cash. Storm faces up to 45 years in prison on charges including money laundering and sanctions evasion.
The judge found the legal precedent irrelevant and confusing to juries in a criminal case that will test wheth...