Citi: Raises its 0-3 month target for gold to $3,500 an ounce in light of new tariff escalation

Matrixport published a daily icon analysis saying that Ethereum's funding rate has surged to 13.7% - the highest level since February, which typically attracts inflows from Ethereum ETFs, which are often seen as a positive sign. More importantly, however, the amount of futures unpositioned squaring contracts is approaching its December 2024 peak, suggesting that leveraged futures traders rather than spot buyers are the main driver of current price action. This is related to bit...

Axel Adler Jr, an analyst at CryptoQuant, tweeted: "Investors are waiting for key US inflation data and Bitcoin volatility has dropped to 200 ATR. The stronger than expected CPI data could cool the market and reduce the likelihood of a near-term Fed rate cut."

Slow Mist founder Cosine released a follow-up update to "Alby's custodial wallet balance was transferred by the platform", "Alby has too many routines, although the funds have been returned, the process of successfully withdrawing them is cumbersome (although I fully understand the mechanism of doing so), and finally the $191 fund was only successfully raised at $153, and more than $30 was worn out in the process."

According to gold ten data reports, there are market news that the European Union wants to extend the US-EU trade talks beyond the July deadline set by Trump.

According to Bloomberg, Germany's Financial Intelligence Unit (FIU) said in Cologne on Tuesday that digital assets accounted for a record share of suspicious activity reports (SARs) received from banks and financial services firms last year. Although the total number of suspicious activity reports fell after the industry received guidance to adhere to the submission of relevant reports, the number of notifications related to cryptocurrencies still increased by 8.2% to 8,711. The FIU's annual rep...

Bank of Japan officials are stepping up calls for Japan to keep up with the rapid development of digital currencies, which could accelerate the shift to cashless payments in a country where "cash is king". The share of cashless payments in Japan rose to 42.8% in 2024 from 13.2% in 2010, a year ahead of the government's target of 40%, according to government data. Although Japan lags globally in payments technology, the rise in cashless transactions is forcing policymakers to ensure they are prep...

Ondo Finance's tokenized US Treasuries went live on XRP Ledger, enabling seamless minting and redemption through Ripple's RLUSD for institutional access.

The hacking group Librarian Ghouls (also known as Rare Werewolf) has hacked into hundreds of Russian devices and used them for cryptocurrency mining. The group spread malicious software through phishing emails disguised as legitimate organizations, infecting devices to establish remote connections and disable security systems such as Windows Defender. Hackers collect information on devices' RAM, CPU cores, and GPUs to optimize the configuration of cryptocurrency mining programs. The hacking inci...

According to the official announcement, Binance Wallet announced the new MEET48 TGE participation threshold, with points greater than or equal to 229 and 15 points consumed.

On June 11th, the Barcelona 5th District Court is investigating a cryptocurrency fraud case involving professional football players. The company involved, Shirtum, is accused of defrauding investors of at least 3.40 million dollars through the NFT project of the star platform. Six players involved include World Cup champions Papu Gómez and Lucas Ocampos, former Barcelona players Ivan Rakitić and Javier Saviola, and Nico Pareja...

Taiwan, China will hold a public hearing on the "Virtual Asset Service Law" on June 12. It is reported that regulators believe that stablecoins are currently mainly used as a medium of exchange in virtual markets. Once the scale of use is expanded, the application scenarios are increased, and they are widely used for cross-border transfer, it may affect the sound operation of the existing payment and financial systems. Therefore, stablecoins used for payment should be subject to the same supervi...

On June 11, CloudTech, a blockchain financial infrastructure startup, completed a $14 million Series A funding round, of which $11 million was raised in the form of bitcoin and stablecoin USDT. The funds will be used to launch institutional-grade custody solutions for digital assets and expand the broader crypto-native financial ecosystem. The round of financing came from multiple undisclosed investors. Founded in 2021, CloudTech has a team of 40 people and is headquartered in Melbourne. Its dig...