Analysts at Citi said the new policy support would help solidify the legitimacy of counterfeit products in the market and could push up their prices. "Bitcoin is classified as a commodity and there are already'traditional financial 'trading instruments such as spot ETFs and futures. By contrast, other crypto assets have a more uncertain definition and a more limited range of investment options." The analyst added that further policy support would provide a huge boost to counterfeit products compared to Bitcoin.
Web3 Desktop Trading Tool
Stay ahead of the game in the cryptocurrency space.
The idea that encryption can help build better artificial intelligence systems and vice versa is not new, but it is often ill-defined.
Some cross-cutting areas - such as validating "proofs of human sexuality" in the context of low-cost artificial intelligence systems - have attracted builders and users.
But other use cases seem to be years or even decades away.
Binance has noticed significant price volatility in ZKJ and KOGE. Preliminary investigations have found that this is mainly due to the withdrawal of large holders from on-chain liquidity and chain clearing houses in the market.
In order to maintain the fairness and stability of the market and reduce the systemic risk caused by excessive concentration, Binance will adjust the calculation rules of Alpha Points. As of 00:00 (UTC) on June 17, 2025, the trading volume of trading pairs between Alpha tokens will no longer be included in the calculation of AlphaPoints.
According to Artemis data, today's Ethereum net inflow is $153.10 million, Solana net inflow is $3.50 million; Base net outflow is $153.70 million, Arbitrum net outflow is $3 million.
"KOGE has been fully released from day one without lock-in," 48Club, a KOGE team, wrote yesterday. "Also, 48Club has never committed in any form not to sell its treasury holdings. Just like Binance never said it would not sell BNB. Please do your own research at your own risk."
ZKJ team Polyhedra posted that today's price drop was triggered by a series of abnormal on-chain transactions on the ZKJ/KOGE trading pair in a very short period of time. Our team is closely reviewing the situation and will share more as soon as possible.
On-chain data analyst Aunt Ai (@ai_9684xtpa) posted a further analysis of tonight's KOGE and ZKJ flash crash events:
1. Why smash KOGE first and then ZKJ?
Perhaps the most important reason is that ZKJ has contracts, and they can simultaneously sell on the chain when they open a short position on the exchange. Secondly, from a liquidity perspective, ZKJ's liquidity will be better, and it will cost more money to sell.
The market shows that BTC has broken through $105,500 and is now reported at $105,501.53, with a 24-hour increase of 0.57%. The market fluctuates greatly. Please do a good job in risk control.