Selected News

1. Circle's pre-market stock rises over 15%, currently at $231.42

2. US-listed company Everything Blockchain plans to strategically invest $10 million in SOL, XRP, SUI, TAO, and HYPE

3. Former MicroStrategy's second-largest shareholder Capital Group increases its stake in Metaplanet, becoming its second-largest shareholder

4. Bitcoin rebounds above $106,000

5. Animoca Brands plans to establish a joint venture with Standard Chartered Bank and Hong Kong Telecom to issue a Hong Kong dollar stablecoin

Featured Articles

1. 《Cathie Wood's CRCL sold off after making $100 million, can we short Circle now?》

As the CRCL price broke through $160 to reach a historic high, Ark Invest sold a total of approximately $51.7 million worth of Circle stock through its three exchange-traded funds.

2. 《What concept is Gorbagana, which surged 400 times in 24 hours?》

Recently, the "Gor" token on the Solana chain surged 400 times within 24 hours, with its market cap briefly exceeding $40 million. The entire incident actually began with MetaLeX's founder @lex_node expressing concerns about Solana's decentralization, which sparked a response from Solana co-founder Toly on social media X. The back-and-forth exchange on X gradually revealed the ideology behind the token.

3. 《With Plasma in one hand and Stable in the other, will the stablecoin king squeeze out TRON?》

Tether, relying on the global circulation of USDT, has already become a giant in the stablecoin industry, earning $13 billion annually just from government bond interest, making it one of the most profitable fintech companies in the world. However, when reviewing its business model, Tether found that while it harvested enough profits from the issuance and management of USDT, the true "on-chain economic sharing" had not actually fallen into its hands.

On-chain Data

On-chain capital flow situation as of June 20

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