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  • 14:01
    Over $20 Million in Liquidations Across the Network in the Past Hour, Primarily Long Positions
    Odaily Planet Daily reported that, according to Coinglass data, liquidations across the entire network in the past hour totaled $20.8039 million, with long positions accounting for $19.6634 million and short positions for $1.1405 million.
  • 13:51
    Analyst: US Dollar Weakens as Federal Reserve’s Independence Faces Threats
    Odaily Planet Daily News: Despite a larger-than-expected contraction in the U.S. economy in the first quarter, resilience remains. Durable goods orders in May rose by 16.4%, weekly jobless claims increased moderately to 236,000, and first-quarter GDP shrank by 0.5%, rather than the previously forecast 0.2%. As the Federal Reserve's independence faces threats, the U.S. dollar continued its overnight downward trend. According to The Wall Street Journal, Trump may appoint a successor to Chair Powell earlier than usual in an effort to weaken the current hawkish stance. Marc Chandler of Bannockburn wrote, "Such a direct attempt to influence the Fed will not be welcomed by investors." (Jin10)
  • 13:34
    Indian Politician Calls for Launch of Bitcoin Reserve Pilot
    According to ChainCatcher, citing a report from Cointelegraph, Pradeep Bhandari, the national spokesperson for India’s ruling party, has called on the country to consider launching a pilot program for Bitcoin reserves, describing it as a strategic move toward economic resilience. The spokesperson stated that India, with its growing renewable energy infrastructure, is well-positioned to develop a sovereign Bitcoin strategy, emphasizing that “this is not a reckless shift, but a carefully considered step toward embracing the legitimacy of digital assets.”
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