The following are five noteworthy news in the currency circle in the past 24 hours:

1.Coinbase obtains Canadian license:
Coinbase announced that it has obtained a Canadian cryptocurrency exchange license, becoming the largest registered cryptocurrency exchange in the country.

2. Google sues apps suspected of crypto fraud:
Google is taking legal action against crypto scammers who upload fraudulent apps in an attempt to curb such scams.

3. US$11 million in tokens represented by MakerDAO were stolen by a phishing scam:
A MakerDAO representative lost $11 million worth of tokens after signing multiple phishing messages.

4.Ripple enters the stablecoin market:
Ripple has announced that it will launch an XRP Ledger-based stablecoin to compete with Tether and USDC.

5.Binance assists in investigating BtcTurk attack:
Binance is assisting in the investigation of a malicious attack on Turkish cryptocurrency exchange BtcTurk and has frozen $5.3 million worth of stolen funds.

When will the bulls strengthen? A breakthrough of 64600 together with the trend line should be critical. Now the bottom supports 62500 [large 0.618]

The daily closing line is ugly

In the past 24 hours, there have been some important news worth paying attention to in the crypto market:

1.Shiba Inu (SHIB) trading volume surges:

In the past 24 hours, SHIB’s trading volume reached 1.5 trillion, indicating that the cryptocurrency may be subject to significant volatility.

2. Total cryptocurrency market liquidation reaches $142 million:

According to data from Coinglass, total liquidations in the crypto market reached $142 million in the past 24 hours, with long position liquidations accounting for $104 million and short position liquidations accounting for $37.93 million.

3.XRP price surges amid market weakness:

Despite overall market weakness, XRP is still seeing price gains amid massive trades, with whale addresses moving 80 million XRP.

4.AI and blockchain technology became the focus at the ABS2024 Taipei conference:

The ABS2024 conference in Taipei focused on artificial intelligence and blockchain technology, attracting about 15,000 participants to discuss future governance models.

5. ETH, UNI and RBLK prices rise:

The prices of cryptocurrencies such as ETH, UNI, and RBLK have increased this week as they accumulated $20 million, and analysts expect this rally to continue.

Here are five important news to watch in the cryptocurrency market over the past 24 hours:

1. Binance will appeal fine from Canadian regulators

Binance has announced plans to exit the Canadian market, but may still face enforcement action from local regulators.

2. Kraken accused of threatening security companies

Security firm CertiK noted that Kraken had threatened its team after CertiK returned digital assets obtained from a Kraken breach to the exchange.

3. Cryptocurrency super PAC raises $169 million

A cryptocurrency-related super PAC has raised $169 million after Jump Crypto donated $10 million to influence elections in 2024 and beyond.

4. Bitcoin ranks third in NFT sales

Bitcoin’s total NFT sales reached $4.27 billion, surpassing Ronin and trailing only Solana and Ethereum.

5. Investors continue to pile on crypto and blockchain startups

Startups such as Plural Energy, Everclear, Ava Protocol, and GoPlus received new investments, demonstrating continued investor interest in crypto and blockchain technology.

Five important news worthy of people’s attention in the currency circle in the past 24 hours are as follows:

1. Coinbase comments on Canadian regulation:

The regional director of Coinbase Canada mentioned that local regulators are more cooperative than those in the United States, but politicians still have shortcomings.

2.dYdX announced the upgrade:

dYdX launched segregated margin and market features, and launched an Android app to enhance the mobile user experience.

3.Hashdex applies for Bitcoin and Ethereum ETFs:

Hashdex has submitted an application to the U.S. Securities and Exchange Commission for a combined spot Bitcoin and Ethereum ETF, which if approved would be the first such product.

4.CleanSpark acquires mining farms:

CleanSpark has acquired five mining farms in Georgia and plans to increase its computing power to more than 20 exahashes per second by the end of June.

5. The decentralized exchange based on TON launches cross-chain exchange function:

A new TON blockchain decentralized exchange aims to simplify cross-chain exchanges by eliminating the need for bridging and wrapper tools.

The daily trend line cannot fall twice in a short period of time, otherwise there will be no chance of a rebound.

For those who watched the show, the drop in the gap should be the bookmaker being a good person and giving you money😅

others The altcoin is indeed collapsing 233b

In the past 24 hours, the following five important news have emerged in the crypto market that are worthy of attention:

1. Gemini reaches settlement with New York Attorney General:

Cryptocurrency exchange Gemini has reached a settlement with the New York Attorney General and agreed to pay $50 million, which has a positive impact on the platform’s legality and market confidence.​​​​

2. South Korea announced a $14.5 million blockchain support plan:

The South Korean government has announced a $14.5 million blockchain support program aimed at promoting the development and application of blockchain technology, which will help drive the country’s cryptocurrency market.

3. Terraform Labs reaches a $4.5 billion settlement with the SEC:

Terraform Labs reached a $4.5 billion settlement with the U.S. Securities and Exchange Commission (SEC) and plans to shut down some projects and give control of the Terra blockchain to the community.

4.Tether launches Alloy, a gold-backed stablecoin:

Tether has launched Alloy, a new gold-backed synthetic U.S. dollar stablecoin, its first step towards a platform for tokenizing real-world assets, showing the company’s expansion plans in the stablecoin market.

5.Cumberland obtains New York BitLicense:

Crypto trading company Cumberland has received a BitLicense from the New York State Department of Financial Services, which enables it to provide crypto-related products and services in the state.

In the past 24 hours, the following five important news have emerged in the crypto market that are worthy of attention:

1. Donald Trump reiterates support for cryptocurrencies:
- U.S. presidential candidate Donald Trump once again stated that he will adopt a policy stance that is more favorable to cryptocurrencies than the current administration, which may affect market expectations for the future development of cryptocurrencies.

2.Curve CEO clarifies UwU Lend hacking incident:
-Curve Finance’s CEO clarified misunderstandings about the UwU Lend hack and CRV token burning, and outlined preventive measures and plans to repay bad debts, which is important for stabilizing market confidence.

3. Deutsche Telekom announces Bitcoin mining plan:
- Deutsche Telekom announced its Bitcoin mining plans and expansion of its operations in the Web3 space at the BTC Prague conference, showing the continued interest of large enterprises in cryptocurrencies​​​​.

4.Trezor launches new encryption hardware wallet Trezor Safe 5:
- Crypto hardware wallet company Trezor has launched the new Trezor Safe 5, designed to improve the security and ease of use of user assets.

5.Shiba Inu massive token burning:
-Shiba Inu’s token burning activity has increased significantly, with a large number of SHIB tokens being burned within 24 hours, which has helped reduce market supply and potentially boost the price​​​​.

ETH has a $200 gap

In the past 24 hours, there have been several important news worthy of attention in the crypto market:

1. Cryptocurrency mining company Bitfarms announced its expansion of operations in Pennsylvania, United States, while Riot Platforms increased its stake in Bitfarms to 14%. This shows the expansion and investment growth of crypto mining companies in the US market.

2. UwU Lend was attacked again while handling compensation for previous hacking attacks, and hackers stole another $3.5 million, bringing the total loss to the protocol to $24 million. This series of security issues has raised concerns about the security of DeFi protocols.

3. Curve Finance successfully handled the liquidation in the hacker attack, but the price of its native token CRV plummeted 28% in one day, causing concern in the DeFi community. This shows the direct impact of security incidents on market prices in the DeFi field.

4. When the price of Ethereum fell by 2%, long-term holders actively bought. This shows that investors remain confident in Ethereum’s long-term prospects despite short-term price volatility.

5. Terraform Labs announced that it will end operations after reaching a $4.47 billion settlement with the U.S. Securities and Exchange Commission (SEC), and the Terra community will take over control of the Terra blockchain. This reflects the influence regulators have over the crypto market.

In the past 24 hours, there have been several important news worth paying attention to in the cryptocurrency market:

1. Bitcoin price climbed to $71,000, mainly driven by lower CPI data in the United States. This showed the market’s positive reaction to the economic data and pushed Bitcoin price above $70,000.

2. OKX is investigating account thefts involving multiple SIM card swap attacks. Security firm SlowMist reported that while two similar phishing incidents occurred, OKX’s two-factor authentication mechanism was not the main vulnerability point.

3.Aethir launched its distributed cloud network on the Ethereum mainnet, which drew attention to the future of decentralized cloud technology. This move could drive the development of Web3 and a more decentralized future.

4. Coinbase released its fourth annual enterprise adoption report and found that Fortune 500 companies and small businesses are adopting blockchain technology, showing the increasing popularity of blockchain in enterprises.

5. Short-term Bitcoin holders realized that the price rose to $63,729, indicating that Bitcoin may break through the $70,000 level, showing strong demand for Bitcoin in the market.

In the past 24 hours, there have been several important news worthy of attention in the cryptocurrency market:

1. Long-term Bitcoin holders transferred large amounts of funds: A Bitcoin wallet that had been dormant for more than 5 years transferred 8,000 Bitcoins, with a total value of approximately US$536 million, without conducting test transactions. Such large-scale fund transfers may cause market volatility and concern.

2. Thailand SEC revokes license of Zipmex exchange: Thailand’s Securities and Exchange Commission (SEC) revoked the license of cryptocurrency exchange Zipmex due to the exchange’s failure to comply with the SEC’s order. This reflects the strict monitoring of the cryptocurrency market by regulators.

3. Ethereum price pressure: Data shows that Ethereum prices have fluctuated over the past week, and there may be more downward pressure in the future. These fluctuations are primarily influenced by market sentiment and macroeconomic factors.

4. Bitcoin ETF net outflows: After 19 consecutive days of net inflows, the Bitcoin spot ETF recently experienced net outflows, which may indicate investor concerns about the short-term market outlook.

5. Polygon launches $720 million community fund: Polygon announced the establishment of a $720 million community fund to fund blockchain projects, especially for developers within the Polygon and Ethereum ecosystems.