ChainCatcher news, according to Jin10 data reports, Ant Group's technology arm has opened four self-developed technologies for the Hong Kong market------Layer2 network, large model development tools, "Blockchain + IoT" trusted architecture, and institutional-level Web3 wallet technology, providing full-stack technical services for building a global digital asset innovation center in Hong Kong. Previously, Ant Group's technology arm joined the Hong Kong Monetary Authority's Ensemble sandbox as a core member and announced that its overseas headquarters will be located in Hong Kong.

ChainCatcher message indicates that, according to SoSoValue data, the cryptocurrency market sector is generally experiencing a pullback, with only the PayFi and SocialFi sectors remaining relatively strong, rising 1.56% and 0.19% respectively over the past 24 hours. Within the PayFi sector, Monero (XMR), Bitcoin Cash (BCH), and Telcoin (TEL) increased by 2.77%, 3.97%, and 4.29% respectively. In the SocialFi sector, Toncoin (TON) rose by 0.48%.In addition, Bitcoin (BTC) fell by 1.18% over the past 24 hours, retreating to $107,000. Ethereum (ETH) decreased by 0.51%, oscillating narrowly around $2,500.In other sectors, the Layer1 sector dropped by 0.07%, but TRON (TRX) rose by 1.27%. Solana (SOL) surged to $159 during the day due to news about the REX-Osprey Solana Staking ETF starting trading tomorrow. The CeFi sector declined by 0.19%, with Binance Coin (BNB) peaking at 0.39% during the day. The DeFi sector fell by 2.12%, while Four (FORM) and PancakeSwap (CAKE) went against the trend, rising by 1.25% and 2.06% respectively. The Meme sector decreased by 2.30%, with the previously high-performing SPX6900 (SPX) experiencing a pullback, dropping 11.54% over 24 hours. The Layer2 sector fell by 3.57%, but ex-MATIC (POL) rose by 1.09%.The cryptocurrency sector indices reflecting historical performance show that the ssiPayFi, ssiSocialFi, and ssiCeFi indices increased by 1.52%, 0.19%, and 0.12% respectively over the past 24 hours.

ChainCatcher message, according to Alternative data, today's crypto fear and greed index is 64, down from 66 yesterday (the weekly average is 65), and market sentiment remains in a "greed" state.Note: The fear index threshold is 0-100, including indicators: volatility (25%) + market trading volume (25%) + social media heat (15%) + market surveys (15%) + Bitcoin's proportion in the overall market (10%) + Google Trends analysis (10%).

ChainCatcher news, according to The Block, the ETH/BTC futures trading volume ratio has risen to 98%, close to historical highs, significantly higher than the low of 42% in October 2024. This indicates that investor confidence in the Ethereum ecosystem is recovering, mainly benefiting from the popularization of Layer 2 scaling solutions, the growth of on-chain DeFi activities, and the strategic focus of the foundation.

ChainCatcher news, according to market data, Robinhood (HOOD) has increased by 10.45%, with the stock price briefly surpassing $92, currently reported at $91.69, continuing to set a new historical high, and the company's market capitalization reaching $80.96 billion.

ChainCatcher news, according to Coinglass data, the current funding rates of mainstream CEX and DEX show that the market is still in a bearish trend. The specific funding rates of mainstream cryptocurrencies are shown in the attached image.Funding rates are the rates set by cryptocurrency trading platforms to maintain the balance between the contract price and the underlying asset price, usually applicable to perpetual contracts. It is a mechanism for the exchange of funds between long and short traders, and the trading platform does not charge this fee, which is used to adjust the cost or profit of the contracts held by traders, keeping the contract price close to the underlying asset price.When the funding rate is 0.01%, it indicates the benchmark rate. When the funding rate is greater than 0.01%, it represents a generally bullish market. When the funding rate is less than 0.005%, it represents a generally bearish market.

ChainCatcher news, according to Jinshi reports, JPMorgan strategist Mislav Matejka pointed out that if the Federal Reserve cuts interest rates due to economic weakness or political pressure, it could trigger volatility in the stock market, bond market, and foreign exchange market. The bank's analysis of data since 1980 shows that during interest rate cut cycles, the U.S. dollar typically weakens, U.S. Treasury yields decline, while emerging market stocks perform relatively well.Morgan Stanley analyst Mike Wilson added that the stock market often reflects policy shifts in advance, but if employment data deteriorates significantly, the upward momentum of U.S. stocks may be hindered. Currently, the S&P 500 index has risen 5% year-to-date, lower than the 21% increase in European stock markets.

ChainCatcher news, Saxo Bank analyst Charu Chanana said in a report that as concerns over geopolitical and trade tensions ease, demand for U.S. stocks is rising.She stated that the likelihood of the Federal Reserve cutting interest rates in the coming months is increasing, which is also driving the stock market up. Many sectors are outperforming the market, indicating that this is no longer just a story about tech stocks. The S&P 500 index has risen more than 4% in June.

ChainCatcher message, according to 4E observations, as of June 30, 2025, 15:00 (UTC +8), Bitcoin (BTC) is reported at $107,631, maintaining a fluctuation range between $106,300 and $108,700 for nearly 72 hours, with volatility stabilizing. Ethereum (ETH) has slightly risen to $2,500, while Solana and Cardano have also moved higher, bringing the total market capitalization of the crypto market to approximately $3.28 trillion.On-chain data shows that the Bitcoin balance on exchanges has dropped to a historical low, indicating that long-term funds continue to accumulate, supporting the market's bottom structure. Meanwhile, the options expiration on Deribit last Friday did not have a significant impact on the market, and short-term pressure has been alleviated.On the macro front, recent statements from Federal Reserve officials remain dovish, reinforcing market expectations for interest rate cuts in July or September. The weakening dollar index and falling U.S. Treasury yields provide some support for crypto assets. Additionally, a recent report from the World Bank pointed out that while crypto assets have liquidity advantages, they are not yet suitable to become official reserves, reflecting that their institutional attributes are still developing.Overall, BTC is at the intersection of technical consolidation and macro policy dynamics, with the market direction still unclear, but strong bottom support and stable funding conditions.4E reminds investors: short-term market volatility still exists, and operations should focus on policy dynamics and capital flows, maintaining prudent position management.

ChainCatcher message, the encrypted financial service platform Matrixport pointed out in a post on platform X that Bitcoin is testing recent resistance levels, but the market reaction is relatively tepid. Although ETF funds continue to flow in and U.S. stocks are reaching new highs driven by retail investors, Bitcoin's upward momentum remains limited, and the trend is weak.As summer approaches, market activity tends to become quieter, and such consolidation patterns are not uncommon during this time of year. Meanwhile, market expectations regarding Federal Reserve policy are also changing. As more officials begin to question whether the inflation brought by tariffs is sustainable, expectations for interest rate cuts are rising, and the Fed's stance is gradually turning dovish.In this context, traders' attention may no longer be entangled in the progress of tariff negotiations but instead shift to closely following the rhythm of the stock market. The strong performance of U.S. stocks has become a barometer, and the incremental funds brought by Wall Street through ETFs may become an important driving force for a new round of Bitcoin rallies.

ChainCatcher news, according to CoinDesk, cryptocurrency market maker Wintermute has secured a credit line backed by Bitcoin from the American investment bank Cantor Fitzgerald, with the specific amount undisclosed. Wintermute CEO Evgeny Gaevoy stated that this credit line enhances the company's ability to hedge risks and maintain broad market coverage across major exchanges.Cantor had previously reached similar agreements with Maple Finance and FalconX, planning to provide up to $2 billion in funding during the initial phase of its newly launched Bitcoin financing business. Wintermute is currently accelerating its expansion into the U.S. market.

ChainCatcher message indicates that, according to SoSoValue data, as external disturbances ease and short-term uncertainty decreases, market sentiment is recovering, leading to a general rise in various sectors of the crypto market. Among them, the Layer2 sector rose by 5.27% in 24 hours, with Arbitrum (ARB) increasing by 17.81% due to news that Robinhood may launch a Layer 2 network based on the ARB technology stack. Additionally, Bitcoin (BTC) rose by 1.13%, breaking the $108,000 mark. Ethereum (ETH) increased by 3.43%, rising above $2,500.Notably, MAG7.ssi rose by 1.71%, MEME.ssi rose by 3.77%, and DEFI.ssi rose by 5.00%.Other standout sectors include: the GameFi sector, which rose by 4.02% in 24 hours, with GALA and ImmutableX (IMX) increasing by 6.05% and 9.32%, respectively; the Meme sector rose by 3.92%, with Fartcoin (FARTCOIN), Pepe (PEPE), and SPX6900 (SPX) increasing by 5.57%, 6.98%, and 8.36%, respectively; the AI sector rose by 3.89%, with Virtuals Protocol (VIRTUAL) and KAITO increasing by 6.53% and 7.97%, respectively.In other sectors, the DeFi sector rose by 3.40% in 24 hours, with Aave (AAVE) increasing by 7.63%; the Layer1 sector rose by 1.66%, the CeFi sector rose by 1.30%, and Hyperliquid (HYPE) rose by 7.03%; the PayFi sector rose by 1.05%, and Litecoin (LTC) rose by 2.40%.The crypto sector indices reflecting historical market performance show that the ssiLayer2, ssiGameFi, and ssiNFT indices rose by 5.94%, 5.29%, and 4.25%, respectively, in 24 hours.

ChainCatcher message, trader Eugene posted in his personal channel, "I went long on some altcoins ------ I have a gut feeling that a significant surge will happen soon. The trading volume and market sentiment are basically non-existent, and almost everyone I know is staying away from the market.My portfolio includes both consensus and contrarian investments, including: HYPE, VIRTUAL, AAVE, FARTCOIN, SPX, SEI, TAO, let's wait and see."

ChainCatcher news, according to an announcement from JUST DAO, the collateralization rate for the USDJ market on the JustLend platform will be adjusted from 75% to 0%, and the reserve ratio will be adjusted from 5% to 100%, effective around June 29, 2025, at 23:59. To reduce risks and ensure platform stability, the supply and lending functions of USDJ have been suspended. Market parameters are being adjusted to gradually exit the market.It is reported that to better respond to the development trends of the stablecoin market, the Juststable team launched an orderly transition plan (Sunset Plan) for USDJ starting from May 16, 2025.

ChainCatcher message, according to the Web3 asset data platform RootData X tracking data, in the past 7 days, the prediction market Kalshi has been the project with the most new X (Twitter) followers among top personalities. New influential figures following this project include crypto KOL Shapolang (@Wolfy_XBT), airdrop blogger Hebi (@hebi555), and 2Lambroz (@2lambro).In addition, the project with the most X top followers also includes Euphoria Finance.

ChainCatcher news, according to Alternative data, today's Crypto Fear and Greed Index has risen to 68, up from 65 yesterday, indicating that market sentiment remains in a "Greed" state.

ChainCatcher news, according to Jinshi Data reports, the Financial Secretary of the Hong Kong Special Administrative Region, Paul Chan, stated in a blog on the 29th that the potential of fintech in cross-border trade applications is enormous. The goal is to address long-standing pain points such as slow cross-border payment speeds and high costs, and to better serve the real economy in the payment sector. The "Digital Asset Development Policy Declaration 2.0" released last week includes "promoting application scenarios and cross-sector collaboration" as one of its four pillars, mentioning that stablecoins provide a cost-effective alternative outside the traditional financial system, with the potential to revolutionize payment and capital market activities, including cross-border payments.The regulations for stablecoins will take effect on August 1 of this year. The SAR government and financial regulatory authorities will work to create a favorable market environment, accompanied by necessary regulatory measures, to encourage issuers to promote the application of stablecoins in various scenarios, helping to address substantial pain points in business operations and the daily lives of citizens.