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Trump said the US and Iran could reach an agreement within a week to extend the ceasefire and reopen the Strait of Hormuz.

PANews reported on June 2nd that, according to CCTV News, US President Trump stated on June 1st local time that he expects to reach an agreement with Iran “within the next week” to extend the current ceasefire and reopen the Strait of Hormuz. Trump said the negotiations are progressing smoothly and expressed optimism about reaching … Read more

PA Infographic | A Visual Guide to Key Web3 Events in June

With more comprehensive coverage, flexible filtering, and convenient export, welcome to experience the new version of PANews encrypted calendar 👇 Click to view calendar The crypto market in June is packed with macroeconomic interest rate decisions, important economic data releases, token unlocks, and traditional tech events. Key highlights include: 📌 The US released its May … Read more

The US has approved its first batch of perpetual contracts, fully embracing the “crypto trading model.”

Written by: Wall Street Insights The U.S. derivatives regulator has officially given the green light to “perpetual contracts,” bringing this high-leverage tool, which previously operated in a regulatory gray area, into the traditional market system. On Friday, May 29, the U.S. Commodity Futures Trading Commission (CFTC) announced that it had approved the listing of perpetual … Read more

Cardano Foundation Cancels 2026 Summit as Treasury Allocation Proposal Fails to Pass

Shenchao TechFlow news, May 31, according to The Block, the Cardano Foundation confirmed that the Cardano Summit 2026 will not be held this year because the on-chain treasury funding proposal failed to reach the 66.67% supermajority threshold required for approval. The revised proposal requested 7.8 million ADA, approximately $2 million, and ultimately received 65.21% support … Read more

Over the past 24 hours, total liquidations across the network reached $111 million, with both long and short positions being liquidated.

Shenchao TechFlow News, May 31, according to CoinGlass data, the total liquidation amount in the cryptocurrency market over the past 24 hours reached $111 million, with long position liquidations at $61.6996 million and short position liquidations at $49.7262 million. Among them, BTC liquidations amounted to $8.6954 million (longs $5.6986 million, shorts $2.9968 million), ETH liquidations … Read more

HYPE short whale Loracle has paper losses exceeding $22 million, while another long whale has paper profits exceeding $46 million.

PANews reported on June 1st that, according to Onchain Lens monitoring, HYPE hit a new all-time high, breaking through $72. Whale Loracle (@loraclexyz) has closed out more than 50% of its short HYPE positions, currently holding 843,232 HYPE tokens ($60.7 million) in short positions, with a floating loss exceeding $22 million. Meanwhile, whale “0x082” holds … Read more