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Purpose XRP ETF will be listed on the Toronto Stock Exchange on June 18.

4 hours ago

BlockBeats news: On June 17th, as per Cointelegraph, Purpose Investments has obtained the final regulatory approval from the Ontario Securities Commission (OSC) in Canada. It is planned to launch the Purpose XRP Exchange-Traded Fund (ETF) on the Toronto Stock Exchange on June 18th (Wednesday).
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Binance: Users with Alpha scores exceeding 238 points can participate in the latest BOMB TGE event

On June 17th, according to official data, Binance announced that users whose Alpha scores are greater than or equal to 238 are qualified to take part in the latest BOMB TGE event. Participating in this TGE event will consume 15 points.

8 minutes ago

Analyst: When Bitcoin approaches $110,000, some investors may take profits, potentially triggering a short-term pullback.

It was reported on June 17 that CryptoQuant analyst Axel Adler Jr stated, "The MVRV Z-score is currently at a moderately positive level (+0.6), suggesting that the market has a certain amount of buying pressure without indicating signs of overheating. The ratio of short-term holders' profits remains at a high 83%, indicating that most short-term investors are currently in profit. Although this may trigger some profit-taking behavior, as long as such action has not occurred, it remains a positive signal. The current price is stuck within the range of $110,000 to $104,000, and short-term holders still have confidence in future price increases." The market remains in a bullish trend, with overall valuation being moderately overbought. Short-term holders are showing strong interest. A high proportion of profitable short-term holders implies that some investors may choose to realize profits when the price approaches $110,000, potentially leading to a short-term pullback." Indicator Explan

8 minutes ago

Interactive Strength completes its first $55 million cryptocurrency reserve investment and has begun acquiring FET.

On June 17th, as per official information, Interactive Strength Inc. (listed on Nasdaq: TRNR) announced today that the first $55 million investment for its cryptocurrency reserve strategy was successfully completed on June 13th. Subsequently, TRNR, through its custodian BitGo, took advantage of the 24/7 trading characteristics of cryptocurrencies and began purchasing FET tokens in the open market over the weekend. TRNR intends to continuously utilize the remaining net proceeds from this initial capital, as well as the additional net proceeds from the upcoming $500 million financing line, to gradually increase its FET holdings in the open market. It is expected that the FET acquired with this initial capital will enable TRNR to become the largest publicly listed cryptocurrency reserve enterprise with a core emphasis on AI tokens.

8 minutes ago

A certain whale sold 2.69 million ONDO tokens, held for two and a half months, worth approximately $2.13 million.

On June 17th, as per the monitoring of Onchain Lens, a certain whale sold 2.69 million ONDO tokens at a price of $0.788 each and exchanged them for 2.13 million USDT. This whale had been holding these tokens for around 2.5 months and had made a profit of $123,000.

8 minutes ago

Market News: Trump to Hold an Emergency Meeting Today to Discuss the U.S. Position on the Middle East Situation

On June 17th, as per market reports, President Trump of the US is going to convene an emergency meeting of the National Security Council today in order to discuss the US's stance on the situation in the Middle East. (Jin10)

8 minutes ago

Haru Invest CEO Acquitted, Cleared of $650 Million Fraud Charges

On June 17th. According to The Block, it was announced on Tuesday by the South Korean court that Haru Invest CEO Lee Hyung-soo was acquitted and the fraud charges against him were dismissed. Lee Hyung-soo had previously been subject to fraud accusations due to Haru Invest's sudden suspension of user withdrawals and the closure of its office in June 2023. The company was said to have attracted thousands of investors by promising "full principal returns" and annualized returns of up to 25%. Initially, South Korean prosecutors accused the company of illegally obtaining 1.39 trillion won (approximately $1.02 billion) from around 16,000 investors. However, during the formal indictment, the amount was adjusted to 880.5 billion won (approximately $650 million), involving about 6,000 investors. Prosecutors had requested the court to sentence Lee Hyung-soo to 23 years in prison.

8 minutes ago