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HBAR’s momentum shifts bearish after a MACD crossover, with $55 million in liquidations looming if price falls below $0.172. Holding key support at $0.182 is vital for recovery.
Following a massive hack, Cetus Protocol commits to fully reimbursing users by unlocking frozen funds via community vote, backed by loans and bounties to recover stolen assets.
Large-Scale BTC Purchase by Bitcoin ETFs: A Possible Precursor to Upward Market Shift?
Unpacking the Surge in Bitcoin Miners' Exchange Inflows Following the Record-Breaking High of BTC
MicroStrategy’s Michael Saylor defends withholding Bitcoin wallet addresses, prioritizing security and audits over on-chain transparency, stirring debate in crypto circles.
In Brief HYPE surged over 15%, surpassing SUI and entering the top 11 cryptocurrencies. Technical indicators support potential new highs after consolidation. Increased whale activity and social media buzz boost community confidence.
In Brief Rekt Fencer identifies promising altcoins in a potential market rally. Stablecoin growth and Bitcoin's market shift hint at capital movement. GRASS, PENDLE, ONDO, ENA, and SEI show strong future potential.
- 03:09A trader profits over $38 million from HYPE, cashes out $4.7 million todayAccording to a report by Jinse Finance, monitored by Lookonchain, a trader with the address 0xda3c made a total profit of $1.95 million through HYPE perpetual contract trading. Six months ago, the trader purchased 1.21 million HYPE tokens at a low price of $4.3 each, with a total investment of $5.2 million, which is now valued at approximately $42.2 million. Today, the trader has sold 131,137 HYPE tokens, cashing out about $4.7 million, while still having 605,247 HYPE (valued at approximately $21.3 million) in staking. The trader's total profit on HYPE exceeds $38 million.
- 03:09Partial Rebound in Crypto Market, PayFi Sector Rises Over 2%, BTC Remains Range-BoundAccording to ChainCatcher, based on SoSoValue data, certain sectors of the crypto market have slightly rebounded, with the PayFi sector rising by 2.52% in 24 hours. Within the sector, XRP increased by 3.14%, and Keeta (KTA) regained momentum, rising by 17.80%. Additionally, Bitcoin (BTC) is fluctuating around $105,000, while Ethereum (ETH) fell by 1.05%, dropping below $2,500. In other sectors, the RWA sector rose by 1.14% in 24 hours, the Layer1 sector increased by 0.24%, with Solana (SOL) and Avalanche (AVAX) rising by 1.30% and 1.61% respectively. The CeFi sector increased by 0.08%, with Hyperliquid (HYPE), OKB, and Cronos (CRO) rising by 1.16%, 1.25%, and 1.28% respectively. The DeFi sector fell by 0.84%, the Meme sector decreased by 1.21%, while Bonk (BONK) and SPX6900 (SPX) defied the trend, rising by 1.68% and 4.17% respectively. The Layer2 sector fell by 1.73%.
- 03:08Cetus Protocol has resumed operations after a vulnerability attack and is planning to open sourceAccording to a report by Jinse Finance, Cetus Protocol, a Sui-native decentralized exchange that suffered a massive $220 million attack in May, stated that it is advancing its open-source plan following a recent relaunch. On May 22, an attacker exploited a pricing mechanism vulnerability to siphon tokens from Cetus's main liquidity pool. The protocol successfully froze $162 million of the stolen funds shortly after the attack. Prior to the attack, Cetus's trading volume had been on an upward trend, exceeding $5 billion in April and reaching $5 billion in May, despite halting operations after May 22. In a Medium blog post on June 7, the Cetus team stated, a day before the relaunch, that they are moving towards full open-source development and launching a new white paper bounty program to "encourage collective contributions in technology and security." As part of the relaunch, the team mentioned they have been "working day and night" to fix the software vulnerabilities that led to the hack, restore pool data to the correct prices, and conduct security audits on all code fixes and contract upgrades.