In the past hour, total liquidations across the network reached $19.30 million, with $1.95 million from long positions, with $17.35 million from short positions. BTC liquidation $180,376, ETH liquidation $424,834.25.

According to Bitwise analysis, Bitcoin's valuation is at a historical low and trading at a discount to AI stocks, but its short-term performance is under pressure due to the Federal Reserve's hawkish policies and competition for market liquidity. CryptoQuant data shows that new capital inflows into the Bitcoin network have slowed, and the average of realized market capitalization growth indicators has declined. SpaceX, Anthropic, and OpenAI have potential funding needs of $200 billion, intensifying liquidity competition. The Federal Reserve maintained its interest rate at 3.5% to 3.75%, with some officials expecting a rate hike this year. Bitcoin's price has fallen below $64,000. Analyst Jelle stated that $64,000 is a key price level; if it holds, the price may rebound to $70,000 in the coming weeks.

According to Odaily, Conio, an Italian crypto fintech company backed by Poste Italiane and Banca Generali, has obtained a CASP (Crypto Asset Service Provider) license under the EU's MiCAR framework in Italy. This authorization, granted after review by the Italian Consob and the Central Bank, allows Conio to provide services such as digital asset custody, transfers, and placements. The MiCAR transition period ends on June 30, 2026, after which companies without a license will be unable to provide crypto services in Italy and the EU.

According to Stani Kulechov's post on the X platform, Aave V4 can be used to restructure the on-chain securities financing market. Securities financing is one of Wall Street's largest but least-watched markets. Securities-backed securities financing is a multi-trillion dollar business, with the US repo market having a daily exposure of approximately $12.6 trillion, margin financing reaching $1.3 trillion, wealth management securities-backed securities financing exceeding $400 billion, and the securities lending market having approximately $4.6 trillion in assets available for lending, generating a record $15 billion in revenue by 2025. Aave V4, through a "liquidity hub + modular market" structure, can share liquidity at the bottom layer and set up segmented markets with different risk parameters, asset ranges, and rules at the top layer. Aave V4 supports three core securities financing scenarios: securities-backed securities financing, repo transactions, and securities lending. Tokenized securities can be used as collateral to lend GHO or stablecoins; repo transactions can borrow stablecoins using tokenized securities as collateral and achieve atomic settlement; in securities lending, tokenized securities themselves can become borrowable assets, with lending revenue flowing directly to the asset holder. Stani Kulechov stated that Aave V4 could employ a single shared liquidity hub, or split into multiple hubs based on asset class and risk. The former offers deeper liquidity, while the latter provides stronger risk isolation. He believes the realistic path might be to start with unified liquidity, gradually evolving into a multi-hub structure categorized by asset class and risk as the types of collateral expand.

According to CoinWorld, the open-source AI agent framework Hermes Agent has released version 0.17.0, which fundamentally establishes an iMessage access channel that eliminates the need for Mac hardware intermediaries. The new version integrates an iMessage platform plugin based on the Photon Spectrum hosted line pool, allowing users to log in directly using their device codes, completely eliminating the need for self-hosted Mac devices or configuring intermediary gateways like Bluebubbles. Furthermore, the new version introduces an asynchronous sub-agent design, supporting the dispatch of heavy research or build tasks to the background via `delegate_task(background=true)`, allowing the main agent to continue interacting with the user during task execution without being blocked. The upgraded memory utility supports atomic execution of add, replace, and delete operations in a single call, significantly reducing the probability of interaction failures due to memory overflow in multi-turn conversations.