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Is Aave Price Looking for a Breakout Soon?
Is Aave Price Looking for a Breakout Soon?

CryptoNewsNet·2025/06/10 23:08
HYPE Hits All-Time High: Will It Overtake ADA in the Crypto Rankings?
HYPE Hits All-Time High: Will It Overtake ADA in the Crypto Rankings?

Hyperliquid hits an all-time high of $42.07, showing strong market growth and engagement. Open interest of HYPE hits $1.89B, with daily fees surpassing Ethereum and Solana. ADA struggles below $0.72 level while HYPE’s growth positions it as a top 10 contender.

CoinEdition·2025/06/10 16:00
Flash
  • 08:13
    Analyst: If BTC Falls Below Short-Term Holder Cost of $106,000, a Deeper Correction May Follow
    According to ChainCatcher, CryptoQuant analyst Axel Adler Jr stated that Bitcoin continues to retreat from its historical highs. The one-year MVRV Z-Score has dropped to near neutral, currently slightly below zero, indicating that unrealized profits on the network have compressed compared to the one-year average, with more supply now at breakeven or in a loss position. The key support level for Bitcoin is at the realized price of short-term holders, $106,000. If the price falls below $106,000, short-term holders as a whole will be in a loss position, and the market faces the risk of a deeper correction. A recovery signal would be the Z-Score consistently rising above zero, along with the price reclaiming the $118,000 level.
  • 08:07
    BenFen Public Chain Enables Rapid RWA Issuance and One-Click On-Chain Integration of Multiple Physical Assets
    According to ChainCatcher, the stablecoin payment public chain BenFen has announced official support for one-click issuance and on-chain integration of RWAs (Real World Assets) in its major version upgrade. This feature maintains a unified framework with the existing one-click stablecoin issuance, further solidifying BenFen’s positioning as a “stablecoin + RWA infrastructure public chain.” The new version optimizes the Move virtual machine and cross-chain engine, maintaining tens of thousands of TPS and sub-second confirmation, while also providing foundational support for asset tokenization and compliant custody. Through built-in contracts and standardized processes, issuers can map real-world assets such as real estate, bonds, and stocks into on-chain tokens with a single click. Combined with custody, auditing, and KYC procedures, this ensures a secure mapping between off-chain assets and on-chain certificates. This means that the previously high-threshold, process-heavy RWA tokenization can now be achieved through simple operations, enabling on-chain tokenization, liquidity, and global settlement capabilities. In addition, BenFen supports one-click stablecoin issuance, using stablecoins to pay for gas, and sponsoring transaction gas fees, significantly lowering the barriers to issuance and usage, and enhancing the usability of asset tokenization. BenFen is undergoing a comprehensive upgrade to become a stablecoin financial operating system—a one-stop center for the issuance of stablecoins and RWAs, and a universal gateway for global payments and asset circulation.
  • 07:57
    Data: "Machi Big Brother" Jeff Huang Opens 3x Leveraged Long Position on YZY Token in the Past Hour, Currently Facing an Unrealized Loss of $41,000
    According to ChainCatcher, on-chain analyst Ai Yi (@ai_9684xtpa) has monitored that "Machi Big Brother" Jeff Huang's address opened a 3x leveraged long position on the YZY token within the past hour. Specific data shows that this position holds 570,000 YZY tokens, valued at approximately $642,000, with an entry price of $1.22 per token, currently showing an unrealized loss of $41,000. At the same time, this address's long positions in Bitcoin, Ethereum, PUMP, and HYPE tokens have accumulated a total unrealized loss of about $7 million.
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