Key financial news in the cryptocurrency circle on June 27

1. PEPE token liquidation:

- The PEPE whale that established a position in May has liquidated 1.4 trillion PEPE, worth $18.01 million. This large-scale sell-off has had a certain impact on the price of PEPE tokens and the overall sentiment of the cryptocurrency circle.

2. The US government sells BTC:

- The US government is selling 4,000 BTC worth $243 million. This news has triggered market concerns about potential selling pressure and has had a certain impact on BTC prices.

4. Ripple CEO's prediction:

- Ripple CEO predicts that Biden may lose the election because of the chairman of the US Securities and Exchange Commission. Although this prediction has little direct relationship with the cryptocurrency circle, it reflects the possible impact of the current political environment on the cryptocurrency industry.

5. Ethereum ETF approval expectations:

- 10x Research expects that the spot Ethereum ETF is expected to be approved on July 2, and is expected to attract $2.8 billion in funds. This expectation has a positive impact on Ethereum prices and market sentiment.

6. Ethereum network capital inflow:

- Tracking of Ethereum network capital inflows on June 27 shows that ACX, CRV and PEPE performed outstandingly. This data reflects the activity and attractiveness of the Ethereum network.

7. Solana ecological AI project:

- Solana ecological AI project TARS AI has burned 100 million TAI tokens held by the team, worth more than 15 million US dollars. This event shows the activity and innovation of the Solana ecosystem.

8. Rarimo company launches new application:

- Rarimo company launched the application RariMe, which allows users to generate passport zero-knowledge proofs (ZK) to verify the uniqueness of users without exposing specific identities. This innovative application may have an important impact on identity authentication and privacy protection in the cryptocurrency industry.