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Ripple and the SEC continue to struggle over the issue of selling securities, with experts skeptical about their latest motion's success. If rejected, Ripple may face a permanent ban on retail sales.
DEX tokens are back in focus as CAKE leads on BNB Chain, UNI breaks volume records, and CETUS recovers from a major exploit with fresh momentum.
Share link:In this post: US PPI rose 0.1% in May, below the 0.2% economists expected. Core PPI also increased 0.1%, with goods and services both rising slightly. Trump plans new tariff letters to trading partners ahead of the July 9 deadline.
Shiba Inu is nearing a critical technical juncture as bearish momentum builds, RSI weakens, and a death cross looms on the charts.
SOL ETF may lead the altcoin summer offensive.
- 08:42Glassnode: Ethereum Faces Resistance at $4,700, Market May Be OverheatedAccording to a report by Jinse Finance, Glassnode data shows that the price of Ethereum has once again stalled at the $4,700 level (+1σ effective realized price), with the last breakout at this resistance level occurring in March 2024. This price point has repeatedly acted as resistance throughout historical cycles, indicating that the current market may be overheated and facing significant selling pressure.
- 08:27South Korea’s Financial Regulator to Submit Stablecoin Regulation Bill in OctoberAccording to ChainCatcher, citing Jinshi News, South Korea's financial regulatory authorities will submit a regulatory bill on stablecoins in October.
- 08:06Futures for the three major U.S. stock indexes mostly decline, with the S&P 500 down 0.13%According to ChainCatcher, citing Jinshi News, the three major U.S. stock index futures declined, with S&P 500 index futures down 0.13%, Nasdaq 100 index futures down 0.02%, and Dow Jones index futures down 0.28%.