Report: Gate's reserve ratio reached 128.57% in May, with excess reserves exceeding US$2 billion
Overseas media Best in Media recently released a special report titled "Continuous Evolution of the Cryptocurrency Industry, Gate.com Leads the Wave of Change", analyzing Gate's global expansion and ecological strategy in the first quarter of 2025.
2025-06-23 15:06:34
Smarter Web Company, a UK listed company, receives £3.795 million in strategic investment
according to an official announcement, the UK listed company The Smarter Web Company has completed a strategic investment financing, with an amount of 3.795 million pounds (approximately 4.9 million US dollars). This financing was achieved by issuing 766,719 new ordinary shares at a price of 4.95 pounds per share. The company expressed excitement about welcoming this strategic investor as a shareholder.
2025-06-23 15:06:32
Bitget enters India's official law enforcement portal to deepen local compliance construction
on June 23, Bitget officially connected to the Sahyog portal platform under the Indian Cyber Crime Coordination Center (I4C). It became one of the few global cryptocurrency trading platforms to join this system. Sahyog is the official collaboration interface between Indian law enforcement agencies and digital service providers. This connection means that Bitget will respond to data requests from Indian law enforcement agencies through legal and compliant, secure and efficient channels, in accordance with Section 94 of the Indian Citizen Security Act and Section 79(3)(b) of the Information Technology Act.Hon Ng, Chief Legal Officer of Bitget, said: "India is an important market in our global strategy. Connecting to the Sahyog platform is an important step for Bitget to implement local regulatory requirements and strengthen compliance cooperation. We will continue to optimize the compliance system to assist law enforcement agencies in governance and regulation in the digital asset field."Against the backdrop of increasingly strengthened global regulation, Bitget is actively deepening its compliance layout in major markets. This entry into Sahyog not only strengthens cooperation with Indian regulatory agencies, but also demonstrates its long-term commitment to building a transparent and trustworthy encrypted ecosystem.
2025-06-23 15:06:30
Hong Kong Financial Secretary: Embracing the development of digital assets, reviewing eight virtual asset trading platform license applications
Hong Kong Financial Secretary Paul Chan Mo-po said at a forum on June 21 that the recent market has shown strong interest in digital assets, especially the issuance of stablecoins has sparked heated discussions. As an international financial center, Hong Kong must continuously reform and innovate to enhance our competitive advantage. We embrace the development of digital assets and have accelerated the improvement of relevant legal regulatory frameworks in recent years. For example, the licensing system for virtual asset trading platforms has issued 10 licenses and is currently processing another eight applications. We have also just completed the legislation on stablecoins, which will come into effect on August 1, making Hong Kong one of the first jurisdictions globally to establish a legal regulatory framework for stablecoins.
2025-06-23 15:06:29
CryptoQuant: Bitcoin long-term holders are still holding on, no signs of selling
according to CryptoQuant analyst @avocado_onchain, long-term holders of Bitcoin are still holding on and there is no sign of selling. "Historically, Bitcoin's sharp rise often occurs when market attention decreases and sentiment is low, so the current silence may be a precursor to the next big market trend."
2025-06-23 15:06:27
Binance Launches “Locked Addresses” and “Holding Concentration Index” Features to Further Raise Token Transparency Standards
June 20th, Binance officially launched two new features: "Lock Address" and "Position Concentration Index". This is the first time such token information features have been introduced in mainstream exchanges, reflecting Binance's commitment to promoting platform transparency and strengthening user education. After users obtain more information related to token economic models, they can further optimize their trading decisions. The transparency features also help projects improve their openness and sense of responsibility, thereby interacting more effectively with the community and promoting the healthy development of the cryptocurrency industry.
2025-06-23 14:06:12
Coinbase Obtains MiCA License in Luxembourg, Allowing Crypto Services Across EU
Coinbase has successfully obtained a MiCA license from Luxembourg, allowing them to offer crypto services in all 27 EU countries. This move follows similar actions taken by other exchanges like Gemini, OKX, and Crypto.com to become regulated in Europe. The license was granted by Luxembourg's financial authorities, confirming weeks of speculation about Coinbase's intentions to operate under MiCA. This approval aligns with Coinbase's strategy of working closely with regulators across Europe, having already secured licenses in several countries. The MiCA framework, which came into effect in June 2023, establishes a standardized licensing regime for crypto service providers in the EU.
2025-06-23 14:06:10
Analyst: Short-term holders sold 17,800 BTC in 24 hours, US-Iran conflict heightens market vigilance
according to Cryptoquant analyst Axel Adler Jr's monitoring, in the past 24 hours, a total of 17,800 bitcoins were sold by short-term holders on centralized exchanges, with 14,700 bitcoins sold at a loss and 3,100 bitcoins sold at a profit, resulting in a net sales volume of 11,600 bitcoins.The drop in bitcoin price occurred against the backdrop of the weekend attack by the United States on three nuclear facilities in Iran, with the United States joining the ongoing conflict between Israel and Iran. Due to the possibility of a response from Tehran, including threats to American personnel in the Middle East or potential closure of the Strait of Hormuz, the market is currently in a state of high alert.
2025-06-23 14:06:08
Trader AguilaTrades' 20x Bitcoin short position has a floating loss of $1.86 million
according to HyperInsight monitoring, trader AguilaTrades' 20x short position in Bitcoin has increased to a floating loss of $1.86 million. Currently, his Hyperliqud position has a nominal value of $101.5 million, with an opening price of $99,616.6 and a liquidation price of $104,730. The current Bitcoin price has risen to around $101,500. AguilaTrades has recently failed three times in 20x long BTC positions, with cumulative losses exceeding $32 million. His current position is the "reverse opening short" position from early this morning.
2025-06-23 14:06:06
Survey: Nearly three-quarters of young investors prefer Bitcoin to gold
June 23 latest global survey shows that 73% of investors aged 24-45 see Bitcoin as a better long-term investment choice than gold. The survey covered 730 clients worldwide, with young investors seeing Bitcoin as "digital gold," believing it is borderless, easy to access, and in line with future development trends.DeVere CEO Nigel Green said that Bitcoin and gold are not competitors, but different assets that solve different problems. He advised investors to hold both assets to deal with macroeconomic uncertainty, changes in monetary policy, and geopolitical risks. Green predicts that by 2025, the price of gold will reach $5,000 per ounce, while Bitcoin will rise to $150,000.
2025-06-23 14:06:04
Spot gold fell below $3,350/oz, down 0.55% on the day
June 23,data, spot gold broke below $3350/ounce, falling 0.55% intraday.
2025-06-23 14:06:02
Musk: Tesla AI self-driving taxi (robotaxi) service launched in Austin this afternoon
Musk stated on X platform that Tesla's AI self-driving taxi service will be launched in Austin this afternoon, with customers only needing to pay a flat fee of $4.20.
2025-06-23 14:06:00
data: Binance spot market share hits a 12-month high
according market share tracking data, Binance's spot market share in June 2025 rose to 41.14%, the highest level in the past year. Currently, Binance's share in BTC spot trading is 45.6%, the highest since July 2024, close to the historical high of 47.7% in June 2024.In addition, since March 2025, Binance's share in ETH spot trading volume has also been consistently around 50%, with some months even higher.
2025-06-23 14:05:59
Stablecoin concept stocks rose again in the afternoon, and Sifang Jingchuang rose by more than 10%
concept of stable coins was active again in the afternoon, with Sifang Jingchuang rising more than 10%, Youboxun, Hailian Jinhui limit up, Lakara, Huafeng Superfiber, Advanced Digital Communication, Digital Certification, Chutianlong, Jingbeifang and other stocks rising more than 5%. On the news side, the stable coin Circle of US stocks continued to surge by 20% last Friday, rising more than 6 times in 11 days of listing.
2025-06-23 14:05:57
Satoshi Action Fund Co-founder: The US government should provide funding or incentives for the development of Bitcoin mining
June 23, Co-founder of Satoshi Action Fund Dennis Porter wrote, "The US government should provide funding or incentives for the development of Bitcoin mining, just as it provides funding or incentives for batteries or renewable energy. Bitcoin mining is one of the most powerful tools we have to balance the grid and advance US energy goals. We can eliminate energy poverty."
2025-06-23 13:05:12
RootData: FLOCK will unlock tokens worth about $1.4 million in a week
according to Web3 asset data platform RootData token unlocking data, FLock (FLOCK) will unlock approximately 9.46 million tokens at 10:00 on June 30th Beijing time, worth approximately 1.4 million US dollars.
2025-06-23 12:07:13
RootData: SVL will unlock tokens worth approximately $1.46 million in a week
according to Web3 asset data platform RootData token unlocking data, Slash Vision (SVL) will unlock about 275 million tokens at 0 o'clock on June 30th, Beijing time, worth about 1.46 million US dollars.
2025-06-23 12:07:12
RootData: GUN will unlock tokens worth about $1.94 million in a week
according to Web3 asset data platform RootData token unlocking data, GUNZ (GUN) will unlock approximately 83.33 million tokens at 13:00 on June 30th, Beijing time, worth approximately $1.94 million.
2025-06-23 12:07:10
Binance adds NEIRO/JPY spot trading pair
according to the official announcement, Binance will launch the JPY (Japanese Yen) spot trading pair: NEIRO/JPY on June 25, 2025 at 16:00. From June 25, 2025 at 16:00 to July 25, 2025 at 15:59 (GMT+8), trading of NEIRO/JPY can enjoy zero maker fees.
2025-06-23 12:07:07
Robert Kiyosaki, author of Rich Dad Poor Dad, once again calls for holding BTC
June 23, author of "Rich Dad Poor Dad" Robert Kiyosaki once again called for holding BTC, "Is the global currency collapse imminent? When the largest debt bubble in history bursts, will you become richer or poorer? If you want to become richer when the global debt bubble bursts, it is recommended to hold gold, silver, and bitcoin. The biggest losers will be savers of fiat currency, especially bond holders. Be a winner. Take action and become richer, while billions of people holding outdated currency concepts... will become poorer."
2025-06-23 12:07:06