1. Bitcoin fell below $65,000, causing a $445 million liquidation across the network
According to Binance market data, Bitcoin fell below $65,000 and is now at $64,717, a daily drop of 1.12%. Ethereum fell below $3,400 and is now at $3,379, a daily drop of 3.87%. According to Coinglass market data, the total liquidation of the entire network in the past 24 hours was $445 million, of which long orders were $383 million and short orders were $61.95 million.
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2. HashKey platform coin HSK plans to be listed in Q3 2024
HashKey Group announced that HashKey platform coin HSK plans to be listed in Q3 2024 and will be used in all HashKey ecosystem core application scenarios. Before listing, HSK will launch a community airdrop to reward ecosystem participants. The total supply is 1 billion, of which 65% will be used for ecosystem construction, 30% will be allocated to the team, and 5% will be used as a reserve fund.
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3. Ethereum NFT market sees both coin-based and U-based prices fall
In the past 24 hours, both BAYC and Pudgy Penguins fell below 10 ETH. Pudgy Penguins is facing a large number of liquidation auctions. In Blend, there are more than 130 Pudgy Penguins in auction status; in BendDAO, there are more than 110 Pudgy Penguins with a health coefficient below 1.1.
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4. ENA updates the token economy, airdrop users need to lock at least 50% ENA
The cross-chain transfer of Ethena assets is verified by the LayerZero DVN network and is used to protect the security of Ethena Chain in Symbiotic's ENA re-staking pool. The Symbiotic ENA pool will be launched on June 26. In addition, Ethena Chain will focus on building applications and infrastructure with USDe as a gas token and fulcrum asset, and re-staking ENA will provide universal security for application use cases. It is worth noting that from June 17, any user who receives ENA through airdrops will be required to lock 50% of the amount of ENA received and available for collection in Ethena locking, Pendle PT-ENA or Symbiotic Restaking.
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5.Coinbase announces the launch of the Pre-Launch market
Coinbase International Exchange and Coinbase Advanced announced that they will launch the Pre-Launch market to trade tokens before they are issued and participate in price discovery. The Pre-Launch market allows users to trade perpetual futures contracts for tokens that have not yet been launched. Qualified institutional users and retail traders can access the Pre-Launch market through Coinbase International Exchange and Coinbase Advanced, respectively.
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