Gate.io Blog Gate.io’s Daily Market Trends _June.12_: KSM Slot Auction Starts Next Week Cryptocurrency Prices Fall Again

Gate.io’s Daily Market Trends _June.12_: KSM Slot Auction Starts Next Week Cryptocurrency Prices Fall Again

12 June 16:16

As of 11:00 GMT, Bitcoin price was $335676.89and Ether’s price was $2280.85.

At 9:00 in the morning today, Bitcoin price dropped significantly, with the lowest price breaking through yesterday's support point and hitting a low of $35,227. On the one-hour time frame, Bitcoin price appeared four consecutive negatives, and it was suspected to be short. Today, the ban on mining in Yunnan Province was upgraded to impact the market. Near noon, made a small amount of pull action, stabilizing the price at about 35,600 US dollars. 35,000 US dollars will be a psychological position for the long and short sides to compete today.

According to Gate.io data, a total of 72,494 traders have suffered liquidation in the past 24 hours, worth a total amount of over $394 million.

The Kusama slot auction is officially launched. The first round of auctions will start at 20:00 on June 15th, Beijing time. The remaining four auctions will be at 20:00 on June 22nd, Beijing time, 20:00 on June 29th, Beijing time, and July 6th, Beijing time. 20:00 on Sunday and 20:00 on July 13th, Beijing time. After the first two rounds of auctions, Kusama officials will suspend network operations and compete to evaluate the status of the network.

Thailand's SEC has just passed a guideline to impose a ban on Thailand's cryptocurrency exchanges, prohibiting exchanges from trading in four tokens under certain circumstances, including Dogecoin. According to the SEC's ban, MEME tokens, fan tokens, NFT tokens and exchange platform tokens are not allowed to be traded on the Thai exchange.

Chia founder Bram Chen confirmed on Twitter that the new generation of ChiaP disks will have higher operating speeds and better adapt to multi-threaded processing solutions, greatly reducing the time required for SSD to complete all rendering. However, the new P disk is generally compatible with multiple drives.

The Beijing Youth Daily confirmed that the lowest-authority digital renmibi wallet can be opened with a mobile phone number, and the maximum single payment limit for the lowest-authority wallet is 2,000 yuan. According to different user identities, digital currency wallets will set different levels, and the payment upper limit will be different.

Author: Gate.io Researchers: Gazer. C & Charles. F
*Gate.io reserves all rights to this article. Reposting of the article will be permitted provided Gate.io is referenced. In all other cases, legal action will be taken due to copyright infringement.

Gate.io Spot Quotes (as of 11:00 CST)
BTC:$35676.89(-2.91%)；ETH:$2280.85(-7.18%)；DOGE:$0.304219(-6.28%)；GT:$3.8548(-4.52%)；XRP:$0.81392(-6.04%)；ADA:$1.3854(-9.37%)；DOT:$19.998(-12.76%)；UNI:$20.756(-10.25%)；

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Gate.io’s Daily Market Trends _June.12_: KSM Slot Auction Starts Next Week Cryptocurrency Prices Fall Again

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