In the past hour, total liquidations across the network reached $11.91 million, with $2.04 million from long positions, with $9.87 million from short positions. BTC liquidation $2.51 million, ETH liquidation $6.05 million.

According to an official announcement, BitMart will launch KORUUSDT and SONYUSDT perpetual contracts on June 22, 2026 at 22:00 (UTC+8), supporting leverage up to 20x.

According to Odaily Planet Daily, Coinbase announced that Arcium (ARX) spot trading will launch on June 22. If liquidity conditions are met, the ARX-USD trading pair will open later today in supported regions.

According to Odaily Planet Daily, Bank of America expects the Federal Reserve to raise interest rates by 75 basis points in 2026, driven by resilient economic data and rising market expectations of a hawkish Fed under new Chairman Kevin Warsh. The firm anticipates rate hikes in September, October, and December, compared to its previous forecast of keeping rates unchanged this year. The hawkish outlook for Fed policymakers is accompanied by a strong labor market and concerns about rising inflation. Analysts at BofA Global Research stated that the June forecast summary and Kevin Warsh's comments indicate the Fed's response mechanism is more hawkish than expected. After three rate hikes this year, the firm's analysts now expect the Fed to keep rates unchanged until 2027. (Reuters)

Former Federal Reserve Chairman Alan Greenspan has died at the age of 100. According to NBC News, citing his wife, Andrea Mitchell, the network's chief foreign affairs and chief Washington correspondent, he died at home on Monday from complications of Parkinson's disease. Greenspan led the U.S. economy through record expansion, but the financial crisis that erupted less than two years after he left office tarnished his reputation. Greenspan served as Chairman of the Federal Reserve for 18 years (from 1987 until his retirement in early 2006), during which time the U.S. stock market boomed and unemployment remained low. He is considered more of a "master" of maintaining a healthy economy than the four presidents he served or the seven Treasury secretaries he worked with. Roger Ferguson, who served as Vice Chairman of the Federal Reserve from 1999 to 2006, said, "Alan Greenspan should be remembered as one of the greatest central bank governors globally in the second half of the 20th century, not just within the Federal Reserve." He pointed out that Greenspan "was one of the first to recognize the impact of technology on boosting American productivity, enabling the economy to achieve unexpectedly rapid growth without triggering inflation." (Jinshi)