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Willy Woo: The liquidity risk model indicates that Bitcoin has entered the late-stage bull market, but there is still room for price growth.

5 hours ago

On June 17th, crypto analyst Willy Woo tweeted, "The risk model employed to assess the decline in Bitcoin liquidity suggests that Bitcoin has entered the latter stage of the bull market. Nevertheless, there remains room for price appreciation. It is anticipated that once the global macro market undergoes a shift, Bitcoin will enter a bear market."
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Spot gold dropped sharply by $16 in the short term, currently trading at $3,368/oz.

On June 17th, spot gold witnessed a short-term decline of $16 and is now quoted at $3368 per ounce. (Jin10)

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Bitcoin falls below $105,000, 24-hour decline of 2.25%

On June 17th, according to the information in the HTX market, Bitcoin has dropped below $105,000, with a 24-hour decline of 2.25%.

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Gradient Network completes $10 million seed round financing, led by Pantera and Multicoin.

On June 17th, the edge computing open layer of Solana's ecosystem, Gradient Network, announced the completion of a $10 million seed funding round. Pantera Capital and Multicoin Capital took the lead in this round, with the participation of HSG and several angel investors and advisors from the fields of AI, crypto, and other industries. Gradient Network aims to democratize computing services and promote the edge computing revolution.

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Bitget becomes the title sponsor of Crypto Zrce 2025, partnering with SWEAT to create an immersive Web3 experience

BlockBeats informed on June 17th that Bitget announced its status as the primary sponsor of the Crypto Conference Zrce Beach 2025. The conference is scheduled to be held from June 18th to June 21st at Croatia's Zrce Beach and is anticipated to attract thousands of global Web3 participants. The four-day event will explore the cutting-edge trends in the blockchain and crypto industry through keynote speeches, panel discussions, and community interactions. Well-known speakers, such as Didi Random and JayTrading, will share their profound insights on topics like Bitcoin and market dynamics. Bitget is collaborating with SWEAT and its Sweat Wallet to host an innovative and immersive interactive event named "Crypto Treasure Hunt". This activity will be open to all participants and aims to introduce new users to the Web3 world in a fun and engaging manner. Bitget's COO Vugar Usi Zade stated: "This partnership with SWEAT represents a significant step forward in promoting Web3 awareness. Throu

3 minutes ago

Data: The market cap of SMLR is inversely related to the value of its BTC holdings, and the Bitcoin strategy has not led to its appreciation.

On June 17, BlockBeats reported that, according to the data disclosed by Farside Investors, the US-listed medical technology company Semler Scientific (SMLR) transformed into a Bitcoin-focused financial company as of May 28, 2024. Since then, the company has accumulated 4,449 Bitcoins, which are currently valued at $469 million. This figure exceeds SMLR's market capitalization of $326 million. During this period, Bitcoin has witnessed a 55% increase. However, since May 28, 2024, SMLR's stock price has only risen by 2.3%. "Being a Bitcoin financial company is not all fun and games."

3 minutes ago

Binance's latest Alpha (SPARK) airdrop data: 70% of the accounts have sold, with individual account earnings approximately $114.

On June 17th, based on the data from litangdingzhen.me, Binance's latest Alpha (SPARK) event has 50,000 participants who meet the threshold (at least 240 points). Among them, 35,461 participants have sold their airdropped tokens. Each account earned approximately $114. The total SPARK tokens airdropped during this Alpha event amount to 100 million tokens, and there are approximately 25 million tokens remaining in Binance wallets. Each account received 2,000 tokens, and the potential supplementary tokens for distribution are about 349 tokens (approximately $20), making the total value of the airdrop around $5.75 million. Note: The remaining tokens in Binance wallets are reserved by Binance for future activities and are not completely tied to the current airdrop event.

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