News

According to Golden Ten Data on June 27, Swiss energy company Axpo announced on the 26th local time that the Beznau nuclear power plant in northern Switzerland has suspended operations due to excessively high river temperatures caused by hot weather, which prevent effective cooling of the nuclear reactor. This nuclear plant is the oldest operational nuclear power plant in Europe.

BlockBeats News, June 27th. According to Farside Investors data, this week the total net outflow of the United States Bitcoin spot ETF was $17.873 billion. Among them, Bitwise IBIT had a net outflow of $13.035 billion, Fidelity FBTC had a net outflow of $3.149 billion, and Grayscale GBTC had a net outflow of $1.353 billion. During the same period, some ETFs recorded net inflows, with BTC seeing a net inflow of $71.7 million and MSBT seeing a net inflow of $26.2 million.

BlockBeats News, June 27th - Cryptocurrency KOL Ansem posted, stating that he still maintains his previous opinion, believing that the stock market index and storage sector have likely peaked in the short term at their current levels. The third quarter will begin next week, and the market may experience volatility early in the third quarter. He believes that the crypto market, especially BTC and SOL, has already priced in many bearish factors in advance, so he expects a potential bullish divergence in price action. However, if the stock market weakens early in the third quarter and triggers a selloff in the crypto market, he would not be surprised. Ansem mentioned that HYPE is expected to continue to perform well but may also experience a pullback along with the overall market. He cautioned that the worst-case scenario is being liquidated at the bear market bottom before the rebound of all assets, so caution is advised when longing with leverage. For spot trading, he believes that the current situation is close to the bottom, and it is not worth overtrading. The third quarter will be a suitable stage for accumulating positions.