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Bitfinex Report: Bitcoin is at a Crossroads
2 hours ago
Odaily News The Bitfinex Alpha report states: Bitcoin is at a crossroads, with a typical uptrend driven by strong spot demand, profit-taking by long-term holders, and a recovery in macro risks, Bitcoin has fallen more than 10% from its all-time high. Bitcoin experienced its last decline on June 5, with more than $875 million in long liquidations in a single day, highlighting the extent of deleveraging. In the past week, the total liquidation of Bitcoin exceeded $1.9 billion, and the leverage ratio has now been forcibly reset. The technical structure shows that Bitcoin's rise is supported by real demand, with the spot market rising in a step-by-step manner, with key accumulation points at $93,000-96,000 and $102,000-104,000.
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2025-06-09 13:49:37
Plasma: $500 million deposit limit reached, with over 1,100 participating wallets
Odaily News Plasma announced on the X platform that it has reached the $500 million deposit limit, with more than 1,100 participating wallets and an average deposit amount of approximately $35,000.
2025-06-09 13:47:07
Greeks.live: Markets begin to worry about downside risks
Odaily News Greeks.live released a community briefing, which pointed out that the current market sentiment is mixed and slightly bearish. The resistance level of BTC has come to around $106,000. The market is particularly worried about high downside risks and potential volatility spillover effects in traditional markets, which will affect the trend of cryptocurrencies.
2025-06-09 13:42:24
An address participating in Plasma staking pays 39.15 ETH in gas fees
Odaily News According to @ai_9684xtpa’s monitoring, in order to stake 10.17 million USDC to Plasma, a user spent 39.15 ETH of Gas to become the first staking address as he wished. However, the number one address only spent $7.16 in Gas fees to deposit 50 million USDC.
2025-06-09 13:33:38
After the U.S. stock market opened, Circle continued its gains last week and rose by more than 22%.
Odaily News At the opening of the US stock market, the Dow Jones Industrial Average rose 0.02%, the S&P 500 rose 0.12%, and the Nasdaq rose 0.22%. Tesla (TSLA.O) opened down 3%. The company was downgraded by multiple investment banks and fell nearly 15% last week; Circle (CRCL.K), the first stablecoin stock, continued its rise last week, rising more than 22%. (Jinshi)
2025-06-09 13:26:18
A whale/institution pledged 50 million USDC in the initial Plasma pledge
Odaily News The initial pledge of Plasma, a stablecoin network backed by Bitfinex and Tether, ended in 2 minutes at 9 o'clock tonight. The XPL subscription amount will be allocated according to the deposit amount and pledge time. Among them, the whale/institution 0x790...41023 pledged 50 million USDC, and the pledge share of a single address accounted for 20%.
2025-06-09 13:22:08
RISE Chain completes $4 million financing, Galaxy Ventures participates in the investment
Odaily News RISE Chain, a Layer 2 blockchain focusing on low latency, announced the completion of a new round of financing of $4 million, with Galaxy Digital's venture capital arm Galaxy Ventures participating in the investment. The total financing amount of the project has reached $8 million. The new funds will be used to promote its mainnet launch to build a high-throughput, low-latency blockchain. (CoinDesk)
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Plasma: $500 million deposit limit reached, with over 1,100 participating wallets
Greeks.live: Markets begin to worry about downside risks
An address participating in Plasma staking pays 39.15 ETH in gas fees
After the U.S. stock market opened, Circle continued its gains last week and rose by more than 22%.
A whale/institution pledged 50 million USDC in the initial Plasma pledge
RISE Chain completes $4 million financing, Galaxy Ventures participates in the investment