BTC $63,739.25 +1.00%
ETH $1,865.76 +0.23%
BNB $592.21 +0.86%
XRP $1.08 +0.01%
SOL $73.31 +0.32%
TRX $0.3290 +0.52%
DOGE $0.0702 -0.04%
ADA $0.1921 +1.56%
BCH $212.47 -0.55%
LINK $8.24 -0.44%
HYPE $54.46 +4.40%
AAVE $93.01 +1.01%
SUI $0.6946 +0.74%
XLM $0.1713 -1.47%
ZEC $490.94 +4.37%
BTC $63,739.25 +1.00%
ETH $1,865.76 +0.23%
BNB $592.21 +0.86%
XRP $1.08 +0.01%
SOL $73.31 +0.32%
TRX $0.3290 +0.52%
DOGE $0.0702 -0.04%
ADA $0.1921 +1.56%
BCH $212.47 -0.55%
LINK $8.24 -0.44%
HYPE $54.46 +4.40%
AAVE $93.01 +1.01%
SUI $0.6946 +0.74%
XLM $0.1713 -1.47%
ZEC $490.94 +4.37%

line

LINE is a well-known instant messaging platform that has entered the blockchain and cryptocurrency field in recent years through its subsidiary LINE Tech Plus. LINE launched its own blockchain platform, LINE Blockchain, and issued the token LINK (LN) for payment and reward mechanisms within the platform. LINE's blockchain project aims to combine blockchain technology with its extensive user base to promote the adoption and use of decentralized applications.
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Bernstein: The failure of the CLARITY Act may trigger a new round of declines in the cryptocurrency market

According to Cointelegraph, investment firm Bernstein stated that the prospects for the passage of the U.S. CLARITY Act are declining. If the Senate fails to advance the bill before the recess, it may trigger a short-term negative reaction in the market, putting further pressure on the valuations of Bitcoin and the overall crypto assets.Bernstein pointed out that the failure of the bill could lead to a market "instinctive sell-off," but in the medium to long term, it may also prompt the U.S. Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) to accelerate regulatory actions, including clarifying token classification rules, developing a regulatory framework for decentralized finance (DeFi), and advancing token issuance exemption mechanisms.Bernstein expects that the crypto market may bottom out between the end of the third quarter and the beginning of the fourth quarter, gradually regaining momentum before the U.S. midterm elections.Currently, market expectations for the CLARITY Act to be signed into law by the end of 2026 continue to decline. Data from prediction platform Polymarket shows that the probability of the bill passing this year has dropped to 31%, down 7 percentage points from a week ago and down 9 percentage points from the past month, with related betting amounts around $3.7 million.The CLARITY Act aims to establish the first regulatory framework for the digital asset market in the U.S., but it faces opposition from the banking industry due to stablecoin yield provisions. Previously, Galaxy Digital had lowered the probability of the bill being enacted by 2026 to 50% and warned that the Senate's advancement timeline is shrinking.

The continuous decline in crude oil has led a whale that went long 60 times to regretfully exit, with a historical total liquidation loss of 2.43 million dollars

According to monitoring by Hyperinsight, the whale starting with 0xc278 has completed 61 rounds of BRENTOIL trading since March 19, when it traded Brent crude oil, with 59 rounds being long positions and only 2 rounds being short positions, resulting in a long position ratio of 96.7%. The total net loss from all 61 trades amounts to approximately $2.431 million, with million-dollar level positions contributing 99.4% of the losses.Yesterday, its Brent long positions triggered a system liquidation again. The entire liquidation closed 47,600 BRENTOIL long positions, with a liquidation transaction amount of approximately $4.046 million and a weighted liquidation price of about $84.99, resulting in a total loss of approximately $275,000. After the liquidation, there were no Brent positions left in that address.Before the liquidation, BRENTOIL on Hyperliquid fell from a high of $91.68 on Sunday to a low of $82.81, with a maximum drop of 9.7%; the last backup liquidation price was about 7.6% lower than the high point. This round of decline mainly occurred after Trump announced a pause on launching a new round of strikes against Iran and stated that a ceasefire agreement in the Middle East was close to being reached.This whale had previously incurred losses of approximately $882,000, $513,000, and $460,000 on three long positions at the beginning of April, but thereafter continued to primarily take long positions in crude oil, repeatedly recording the largest single liquidation across the network.
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