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Stay up-to-date on the most trending topics in crypto with our professional and in-depth news.

Centralized exchange spot volume hits 9-month low while DEX usage grows
Centralized exchange spot volume hits 9-month low while DEX usage grows

Quick Take Spot trading volume on centralized exchanges fell to $1.07 trillion in June, marking a nine-month low. One analyst suggests the current crypto market cycle is primarily fueled by institutional bitcoin accumulation rather than retail investments, impacting CEX volume.

The Block·2025/06/30 16:00
NY Attorney General Letitia James warns stablecoin bills put Americans at risk, urges stronger oversight
NY Attorney General Letitia James warns stablecoin bills put Americans at risk, urges stronger oversight

Quick Take Stablecoin legislation should regulate issuers more like banks and require insurance on deposits, New York Attorney General Letitia James said in a letter to lawmakers this week. James also said stablecoin legislation should delegate the Federal Reserve Board to oversee non-bank stablecoin issuers.

The Block·2025/06/30 16:00
Flash
  • 05:02
    Bank of America: The Overbought U.S. Stock Market May Remain Overbought
    According to a report by Jinse Finance, in terms of capital flows, U.S. equity funds have seen their largest weekly net inflow in eight months. Data provided to Yicai by the London Stock Exchange Group (LSEG) shows that U.S. stock funds recorded a net inflow of $31.6 billion over the past week. Despite the so-called "reciprocal tariffs" 90-day deadline approaching and relatively limited progress in trade negotiations, U.S. stocks have reached record highs, driven by optimism around artificial intelligence and expectations of a more accommodative Federal Reserve. Amid this heated market environment, Bank of America is seeking to cool investor enthusiasm. The bank’s star strategist, Michael Hartnett, stated that if the S&P 500 surpasses 6,300 points in July, it could trigger a "sell signal." "An already overbought market can remain overbought, as greed is harder to conquer than fear," Hartnett wrote in his report. He described the market outlook as "bubble or bust," and believes that with the House passing the $3.4 trillion "Big and Beautiful" bill, the risk of a bubble in U.S. stocks will rise this summer.
  • 04:33
    ZachXBT: Will Not Take on Sui Ecosystem-Related Cases Until the Ecosystem Gains Support
    Odaily Planet Daily News: On the X platform, on-chain detective ZachXBT stated that he will not take on cases within the Sui ecosystem because he has not received support in this ecosystem. He has repeatedly advised the foundation to invest in appropriate analytics tools (such as TRM, Etherscan block explorer, etc.), but there has been little progress.
  • 04:07
    A dormant whale transfers 230 ETH worth approximately $579,000 to an exchange after two years
    Odaily Planet Daily reported, according to Onchain Lens monitoring, a whale address that had been dormant for two years deposited 230 ETH, worth approximately $579,000, to an exchange today. Ten years ago, this address purchased 1,000 ETH for about $1,250 and currently still holds 271 ETH, valued at around $681,000.
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