BitMart launches Ravencoin (RVN)

According to BlockBeats, on June 14th, Santiment, a cryptocurrency market analysis firm, posted on social media that since the Bitcoin price hit bottom and rebounded yesterday, most traders have continued to go long and have made small gains. Ethereum traders, on the other hand, exhibit a trend of "chasing the rise and killing the fall" - their position direction constantly switches back and forth with the latest price fluctuations. It should be noted that when the trading platform's funding rate swings from one extreme to another, it often accompanies large-scale position liquidation. The best entry time usually occurs when the market is generally bearish, while the best exit point exists during the overly bullish phase. Suggest monitoring the one-way fluctuation trend of BTC and ETH fund rates to capture key trading opportunities.

According to Foresight News, according to monitoring by Yu Jin, quantitative investment company Manifold Trading is suspected to have purchased CRVs worth $2 million. It may have transferred 2 million USDC to Binance through an address starting with 0x7a02 2 days ago, and subsequently withdrawn 3.145 million CRVs from Binance at a purchase price of approximately $0.63.

According to BlockBeats, on June 14th, a wave of companies (many of which have small market capitalization) announced their intention to purchase large quantities of popular altcoins such as XRP and Solana. These companies typically come from seemingly unrelated corners of the business world. VanEck's head of digital assets, Matthew Sigel, stated that these so-called measures are likely only aimed at boosting the stock prices of small cap companies, many of which are traded on NASDAQ. Sigel said, "Many of them are insiders trying to drive up shipments. If the market value is minimal and new investors are not disclosed, I would consider it a scam

According to official data, in the seven days ending June 12th, Circle issued approximately 2.6 billion USDC, redeemed approximately 2.6 billion USDC, and reduced circulation by approximately 100 million pieces. The total circulation of USDC is 60.9 billion pieces, with reserves of approximately 61.2 billion US dollars, including cash of approximately 8.5 billion US dollars, and Circle Reserve Fund holding approximately 52.7 billion US dollars.

Odaily Planet Daily News: Technical graphics and on chain data indicate that ETH's dip in the $2100 to $2200 range should be seen as a strategic buying opportunity. Although ETH has recently fallen from a high of $2879 to $2433, the stable upward channel pattern is still maintained, with the current price hovering below $2600. According to Glassnode data, the net inflow of spot ETH ETFs this week reached 154000 ETH, nearly five times the weekly average level. BlackRock has also significantly increased its holdings through its ETH Trust, holding 1.51 million ETH with a total value of approximately $3.87 billion. Meanwhile, Token Terminal data shows that the scale of tokenized asset management on Ethereum has exceeded $5 billion, reflecting the increasing confidence of institutions in its role as a financial infrastructure. Based on the expected seasonal correction and year-end investment strategy, multiple signals support a breakthrough rise in ETH by the end of 2025. The trend towards institutionalization is gradually pushing ETH into the mainstream investment market. （Cointelegraph）