In the past 4 hours, the entire network has been liquidated by US$206 million. BTC has exceeded US$110,500.

Reprinted from jinse

06/10/2025·8D

Headlines

▌In the past 4 hours, the entire network was liquidated by US$206 million, mainly short orders

Data shows that in the past four hours, the entire network had a liquidated $206 million, of which the long position was 5.9169 million US dollars and the short position was 200 million US dollars, mainly short position was exploding.

▌BTC breaks through $110,500

The market shows that BTC broke through $110,500 and is now at $110,500.01, with a 24-hour increase of 3.94%. The market fluctuates greatly, please do a good job in risk control.

Quotes

As of press time, according to CoinGecko data:

The price of BTC is US$110,273, with a 24-hour ups and downs +7.0 % ;

The ETH price is US$2,686.21, with a 24-hour ups and downs of -0.0 % ;
The price of BNB is US$666.45, with a 24-hour ups and downs +2.2% ;
The SOL price is US$161.19, with a 24-hour ups and downs +5.7% ;
DOGE price is US$0.1948, with a 24-hour ups and downs +5.7% ;
XRP price is US$2.32, with a 24-hour ups and downs +2.6% .

policy

▌British Bankruptcy Appoints First Crypto Asset Specialist to Recover Bitcoin and other Digital Assets

The UK Bankruptcy Agency appointed former detective Andrew Small as the first full-time crypto intelligence expert to improve the tracking and recycling of digital assets such as Bitcoin in bankruptcy and criminal cases. In the past five years, the number of bankruptcy cases involving crypto assets has increased by 420%, with the total value of assets involved soaring from about £1,400 in fiscal 2019/20 to more than £520,000 in fiscal 2024/25. The new position will help the Bankruptcy Agency more efficiently recover crypto assets held by debtors, thereby repaying more losses for creditors and the UK economy.

US SEC Chairman: Values such as economic freedom and private property rights are the core of DeFi

According to the DeFi Education Fund, the US SEC Crypto Working Group held a roundtable meeting on "DeFi and the American Spirit" today. At the beginning of the roundtable, Atkins, chairman of the US SEC, talked about how decentralized finance (DeFi) fits with American values: “Economic freedom, private property rights, and innovative American values are the core genes of the decentralized finance (DeFi) movement.” In addition, Atkins Chairman stressed that developers of neutral tools should not be held responsible for the actions of third parties: “Engineers should not be bound by federal securities laws only for publishing such software code. As a court stated, it is irrational to find that developers of self-driving cars are responsible for the violations or robbing banks by a third party – citing a court decision, in which case people will not sue the car company for accusing it of contributing to the violations, but will sue the individual who committed the violations.”

▌US SEC Chairman: It is recommended to be more open to self-custody of crypto assets

SEC Chairman Paul Atkins said in a roundtable meeting of the cryptocurrency task force titled “DeFi and the American Spirit” on Monday that it is recommended to be a more open attitude towards self-custody of crypto assets. "I support giving market participants greater flexibility to enable them to keep crypto assets autonomously, especially when intermediaries impose unnecessary transaction costs or restrict participation in staking and other on-chain activities," Paul Atkins said.

Blockchain application

▌Institution: Apple is about to embark on the journey of AI monetization

Wedbush analysts said that Apple Intelligence is launching slower than expected and Apple is about to start a period of monetization of artificial intelligence. Analysts say the company's new operating system update to all products will lay the foundation for such profitability. They said the first release of Apple Intelligence is just the beginning of Apple's broader AI strategy. According to the agency's estimates, 25% of the world's population will eventually be exposed to artificial intelligence through Apple devices in the next few years. Analysts say the company is expected to offer important updates to Siri integration with Gemini and ChatGPT soon.

Cryptocurrency

▌Coinbase International Station will launch Fartcoin perpetual contract

Coinbase International Station announced that it will add support for Fartcoin perpetual contracts on Coinbase International Exchange and Coinbase Advanced, and the FARTCOIN-PERP market will be open at or after 9:30 am UTC time on June 12, 2025.

▌Telegram founder: Collectible Gifts promotes average daily trading volume of NFTs on TON chain

Telegram founder Pavel Durov posted on his personal channel that “the price of Collectible Gifts on the Telegram platform has risen sharply in the past 30 days, pushing TON to become the blockchain with the highest daily transaction volume on NFT chain. If off-chain transactions are not included, it is second only to Ethereum.”

▌Paraguayan President X 's account was attacked, "Paraguayan designated Bitcoin as a fiat currency" is false information

According to Reuters, the President of Paraguay's X account was attacked. Hackers misleading false news, claiming Bitcoin is the country's fiat currency, misleading journalists.

Important economic trends

▌People 's Daily Bell: China-US economic and trade relations complement each other's advantages, symbiosis and win-win

The People's Daily Zhongsheng published an article on the 10th, pointing out that the true picture of China-US economic and trade relations is complementary to advantages and win-win results. Only by demolishing the artificially set "iron fences" and smoothing the "two-way paths" of economic and trade cooperation can we promote the stable and healthy development of China-US economic and trade relations. As the world's top two economies, strengthening economic and trade cooperation will not only help each other's development, but will also provide important guarantees for the stability of the global industrial chain and supply chain. We believe that through equal consultation and practical cooperation, China and the United States can find mutually beneficial and win-win solutions. We hope that both sides will work together to create favorable conditions for the two countries' enterprises to carry out normal economic and trade activities, so that the results of cooperation can better benefit the people of both countries and make greater contributions to the recovery and growth of the global economy.

▌The probability of the Federal Reserve keeping interest rates unchanged in June is 99.9%

According to CME's "Federal Observation": the probability of the Fed keeping interest rates unchanged in June is 99.9%, and the probability of cutting interest rates by 25 basis points is 0.1%. The probability of the Federal Reserve keeping interest rates unchanged in July is 85.5%, and the probability of a cumulative interest rate cut of 25 basis points is 14.5%.

▌U.S. Treasury Department: Foreign investors buy 7-year U.S. bonds worth $6.502 billion

Data from the U.S. Treasury Department showed that during the latest biweekly reporting period, foreign investors purchased 7-year U.S. Treasury bonds worth $6.502 billion, up $4.67 billion last month; investment funds purchased 7-year U.S. Treasury bonds, up $3.1438 billion last month. Foreign investors purchased $7.334 billion in five-year U.S. Treasury bonds last month, which was $7.804 billion; investment funds purchased $54.515 billion in five-year U.S. Treasury bonds last month, which was $50.11 billion. Foreign investors purchased $5.938 billion in two-year U.S. Treasury bonds last month, which was $6.618 billion; investment funds purchased $53.564 billion in two-year U.S. Treasury bonds last month, which was $50.964 billion.

▌Deutsche Bank: Long-term high interest rates could hit U.S. corporate borrowers

Higher borrowing costs will have an impact on U.S. businesses as the impact of the Federal Reserve delays interest rate cuts further expands in the future, Deutsche Bank strategists wrote. Deutsche Bank wrote: At present, expectations for soft landings have led to most defaults in the form of non-performing asset exchanges and higher recovery rates. But the possibility of a soft landing is declining against the backdrop of inflation above targets, serious policy uncertainty and rising sovereign term premiums. "Deutsche Bank believes that in speculative credit, the default rate may reach as high as 5.5% around the middle of next year, meaning the issuer-weighted speculative-level default rate will reach its highest level since 2012.

Golden Encyclopedia

▌What is the market depth of cryptocurrencies?

In cryptocurrency trading, the market describes the market's ability to withstand large quantities of orders without a significant impact on prices.

It is a liquidity indicator that shows the number of buy and sell orders for a given cryptocurrency at different price points. So, how is the market depth displayed? Depth maps are often used to illustrate these data. It draws the buy order (bid) on one side and the sell order (quest price) on the other side to reflect the price level.

Disclaimer: As a blockchain information platform, the content of the articles published by Golden Finance is for information reference only and is not used as actual investment advice. Please establish the correct investment philosophy and be sure to improve your risk awareness.