A whale withdraws 420 billion PEPE from Binance, worth nearly $5.40 million

Last week, the BTC-to-gold ratio rose by more than 10% to 33.33, marking its best performance in two months. The rise in the ratio indicates that BTC is outperforming gold and breaking through the "bull flag" pattern. The so-called flag breakout heralds the continuation of BTC's rally since hitting a low near 24.85 on April 11. The bull flag pattern is characterized by a sharp uptrend, followed by a relatively brief contrarian consolidation that usually refreshes highs, as is the case with the B...

Metaplanet CEO Simon Gerovich released data on the X platform showing that the company's bitcoin holdings reached 13,350, surpassing Galaxy Digital Holding to become the fifth largest listed company with bitcoin treasury strategy in BTC holdings, after Strategy (MicroStrategy), MARA, XXI and Riot Platforms.

Bernstein analysts cover stablecoin issuer Circle for the first time, giving it an "outperform" rating with a price target of $230. Analysts expect stablecoins to upgrade from crypto market payment rails to internet-wide payment infrastructure, with total supply increasing 16-fold from the current $244 billion to $4 trillion within a decade. This growth will result from "transformative developments" in crypto and tokenized capital markets, payment systems, and stablecoin-native financial service...

David Kohl, chief economist at Julius Baer, Switzerland: The Fed is expected to start a series of 25 basis point rate cuts in October, with the federal funds target rate falling from the current 4.5% to 3.5% in March 2026. After that, the Fed will stand still and inflation is likely to be closer to the 3% target rather than the 2% target. The easing of monetary policy is mainly to deal with the receding inflation risk, and secondly to deal with the risk of economic growth and rising unemployment...

On June 30, it was reported that three cryptocurrency-native companies, including WisdomTree Digital Trust, Standard Custody & Trust Company, and Commercia Financial, have applied for Federal Reserve master accounts, indicating new optimism in the market about the Federal Reserve's possible relaxation of its stance on allowing digital asset companies to use its payment channels. It is worth noting that WisdomTree and Standard Custody are trust companies chartered by the State of New York and reg...

The Financial Secretary of Hong Kong, Paul Chan, published the Secretary's essay "Asia's New Era", saying that the Hong Kong stablecoin legislation will come into effect on August 1 this year, and the Hong Kong Special Administrative Region government and Hong Kong financial regulators will strive to create a favorable market environment, with the necessary regulatory measures, to promote issuers to apply stablecoins to different scenarios, and to help solve the real pain points in business and ...

President Trump: Due to the low oil prices, a ceasefire agreement with Russia is expected to be reached.

June 30th news, Beijing Electronics announced that the company's stock closing price rose by more than 20% for 3 consecutive trading days, which is an abnormal fluctuation in stock trading. After verification, the information disclosed by the company in the previous period does not need to be corrected or supplemented. The recent public media reports have not had a significant impact on the company's stock trading price. The company's production and operation are normal, and the internal and ext...

According to Lookonchain, a whale is selling ETH. Wallets 0x14e4 and 0x26Bb (possibly belonging to the same whale) have redeemed and withdrawn 95,920 ETH (worth $237 million). In the past 20 days, they have recharged 62,289 ETH (worth $154 million) to exchanges such as HTX, Bybit and OKX, and still hold 33,631 ETH (worth $83 million).

On June 30th, it was recently learned that relevant policies to further deepen the new industrialization of financial services are expected to be studied and issued. Advancing the new industrialization is related to building a modern industrial system and enhancing the country's core competitiveness. Serving the new industrialization is an important part of financial services for the real economy. In April last year, the State Financial Supervision Administration, the Ministry of Industry and In...

Short-term bullish concentration, Shanghai copper and international copper closed up for the fifth consecutive day! The long-term single TC of copper concentrate supply fell to a record low, and the future needs to be highly concerned...

The official page shows that Binance alpha has launched NODE.