According to BlockBeats, on June 28th, Bitfire Group stated in its latest market commentary that the negative premium for Bitcoin on Coinbase continues to widen, reflecting persistently weak institutional buying in the US. Meanwhile, Strategy's income-type preferred stock (STRC) briefly fell below $84. Although there is no immediate risk of liquidation, market concerns about whether it needs to sell Bitcoin continue to weigh on market sentiment.

Bitfire Group points out that from a technical perspective, Bitcoin is still trading below the 20-day and 50-day moving averages, with short-term moving averages arranged in a bearish pattern. The daily RSI is around 40, which is weak but has not yet entered the oversold zone. The Bollinger Bands are generally sloping downwards, with the middle band forming strong resistance.

Bitfire Group believes that with bulls lacking sustained momentum and bears still in control, Bitcoin may continue to fluctuate below resistance levels in the short term, further testing genuine buying demand. Key resistance levels are at $64,650, $66,900, and $69,800, while major support is at $63,500.

According to BlockBeats, on June 28, Lookonchain reported that well-known NFT collector Machi Big Brother has recently been suspected of funding his long ETH position on Hyperliquid by selling Bored Ape Yacht Club (BAYC) NFTs.

Data shows that in the past month, Machi sold 34 BAYC NFTs, earning a total of 326 ETH (approximately $514,000), but incurred a total loss of 399 ETH (approximately $631,000).

Bored Ape #6057 was his biggest loss-making transaction. This NFT was bought four years ago for 76.84 ETH and recently sold for only 7.65 ETH, resulting in a loss of approximately 90%.

Meanwhile, Machi's long ETH positions on Hyperliquid have been liquidated multiple times recently. Lookonchain reports that its positions were liquidated again about three hours ago, leaving the account with only about $81,000 remaining.

According to BlockBeats, on June 28, the Thai Department of Special Investigation (DSI) recently issued an arrest warrant for Chinese businessman Wang Yicheng, accusing him of belonging to a criminal organization suspected of using illegal cryptocurrency mining to launder money obtained from fraud and online gambling.

Wang Yicheng, a former leader of the Thai-Chinese Trade Association, is identified as a key figure in the Chinese investment group involved in the case. Previously, a 2023 Reuters investigative report focused on him, revealing that a US blockchain analytics firm discovered cryptocurrency wallets linked to the fraudulent activities, which had transferred millions of dollars to accounts under Wang's name. During the same period, he actively cultivated relationships with high-ranking Thai political and law enforcement officials.

A spokesperson for Thailand's Special Investigation Department stated that Wang Yicheng was charged with theft and violating the Computer Crime Act last November, and "it is believed that the suspect has fled Thailand." Authorities are working with international partners to track down his whereabouts. In addition, Thai authorities have simultaneously issued arrest warrants for four unnamed Chinese nationals and four Burmese nationals.