The price of Bitcoin (BTC) has strongly broken through the $110,000 mark, causing more than $320 million in short contracts to be liquidated in the past 12 hours. At the same time, the trade negotiations between the United States and China in London also boosted the overall market sentiment, and the three major U.S. stock indexes generally rose. With multiple positive factors intertwined, both the crypto market and the traditional financial market have ushered in a new wave of capital flow.
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ToggleShort sellers suffered a "bang"! BTC's short-term upward movement triggered a large-scale liquidation
The chart of the on-chain data platform Glassnode shows that during the period when the price of Bitcoin soared from $105,000 to $107,000, the amount of short positions liquidated rose sharply, from $105,000 to $359,000 in just 4 hours, and the 24-hour moving average reached a recent high. This wave of price surges coincided with the liquidation wave, indicating that the market short positions were over-leveraged and eventually "shorted" in the opposite direction.
Glassnode pointed out that the market funding rate was negative in the previous few days, suggesting that short sentiment was high, but when the price rose in the opposite direction, it became a strong source of upward momentum, further pushing up the price of Bitcoin.
Crypto assets have diverged in their growth, with ETH and HYPE performing well
In addition to Bitcoin's strong breakthrough, Ethereum (ETH) also performed well, with a 24-hour increase of 8.23% and a current price of $2,717. Also worth noting is the relatively new Hyperliquid (HYPE), which soared 10.84% in the past 24 hours and a cumulative increase of 48.36% in 30 days, becoming a dark horse among Altcoin.
Other major currencies such as Solana (SOL), Cardano (ADA) and Sui (SUI) also saw significant gains, reflecting a clear rebound in market risk appetite. However, Dogecoin (DOGE) is still in a downward trend, with a 30-day drop of more than 20%. Investors need to pay attention to its volatility risk.
The US and China restart trade negotiations, will funds return to risky assets?
In the traditional financial market, the United States and China held a new round of trade negotiations in London. U.S. Treasury Secretary Scott Bessent, Commerce Secretary Howard Lutnick and Trade Representative Jamieson Greer met with the Chinese side, striving to promote the resumption of key mineral exports and bilateral economic and trade dialogue. This move was seen by the market as a positive signal and is expected to ease long-term trade tensions.
Kevin Hassett, director of the U.S. National Economic Council, said that the U.S. expects China to make clear commitments so that the U.S. can gradually lift export controls and restore rare earth supplies. Market analysts pointed out that this move will help reduce supply chain risks in the semiconductor and technology industries and indirectly boost investor confidence in risky assets.
US stocks continued to rise, led by technology and semiconductors
The three major U.S. stock indexes performed steadily on Monday, with the S&P 500 closing up 0.09% at 6,005.88 points, the Nasdaq up 0.31%, and the Dow Jones down 1.11 points. Technology and semiconductor stocks have benefited significantly from the progress of trade negotiations. Qualcomm announced that it would acquire Alphawave for $2.4 billion, and its share price soared by more than 4%; AMD rose 4.8%, and Texas Instruments (TI) also rose by more than 3.5%.
It is worth mentioning that Apple released a new iOS interface at the WWDC developer conference, but its stock price fell by 1.2%, indicating that the market's response to its product innovation is still conservative.
Risk Warning
Cryptocurrency investment carries a high degree of risk. Its price may fluctuate drastically and you may lose all your capital. Please assess the risk carefully.
According to an exclusive report by Japanese media ANN , a 40-year-old apartment in Itabashi District, Tokyo, has recently experienced a rent surge, which has made local residents feel uneasy. The apartment is a small rental house, a common 1DK room type in Japan (about 6-9 pings), and many residents have been renting it for a long time. They received a notice that the rent suddenly soared from 72,500 yen (about 15,000 Taiwan dollars) to 190,000 yen (about 40,000 Taiwan dollars), which is more than doubled. The sudden change has aroused strong resentment among residents. Five original residents have chosen to move out on their own initiative, and some remaining residents who do not know where to go feel confused and helpless. After an in-depth investigation, the reporter found that there were Chinese owners behind this rent increase incident. Not only did it involve high rent increases, but it also exposed problems such as Chinese illegally operating homestays in Japan and the long-term unrepair of apartment elevators. Although the new owner eventually said that he would withdraw the rent increase decision, the matter has aroused strong concern among residents.
It is worth reflecting that when foreign capital invades and speculates on real estate, if the government does not have good policies to protect their rights, many original residents will face the dilemma of having nowhere to go. This issue of housing justice is spreading around the world. Coincidentally, the Spanish government is forcing AirBnB to remove 66,000 short-term rentals because rents in Spain's popular resort cities of Madrid and Barcelona have risen so high that locals can no longer afford to rent and are all moving out!
The following is a summary of the report.
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ToggleChinese landlords behind skyrocketing rents
One resident said he had lived in the building for 30 years and had never experienced such a dramatic rent increase. According to him, the notice of the rent increase was incomprehensible to all residents, and the ownership of the apartment was transferred to the new Chinese owner without their knowledge.
According to the residents' investigation, the new owner of the apartment is a Chinese company, and its representative admitted that he was just a figurehead and he personally did not participate in the actual management of the apartment. The owner behind the scenes said in an interview with the media that he was not aware of the soaring rent of the apartment and stated that he would withdraw the decision to increase the rent and he would notify the residents as soon as possible.
Unregistered B&B sparks controversy
This incident exposed a more shocking problem. Residents reported that a foreign tourist moved into one of the units in the apartment without the residents' consent. When the residents accidentally saw it, they realized that their apartment building had become an illegal B&B.
A resident said he saw a foreigner carrying a large suitcase into the apartment, which puzzled him. He then found that the unit was rented out on some homestay platforms, with the rent even reaching 25,000 yen per night. These homestays were not registered with the government, which undoubtedly violated Japanese laws and regulations. The resident also reported the problem to the local government. Although the owner once denied that he operated a homestay, he later issued a statement that he would thoroughly investigate the relevant situation to ensure that similar problems would not occur in the future.
The apartment elevator was out of order and residents had to climb the emergency stairs to go up and down the stairs
In addition to the problem of soaring rents and illegal homestays, the apartment's public facilities are not maintained, and residents still pay the building's management fees as usual. Residents said that the apartment's elevator has been unusable since mid-May this year, which is undoubtedly a great trouble for elderly residents living on high floors. In particular, some older residents can only rely on the emergency stairs installed outside the apartment in their daily lives, and it is extremely difficult to go up and down the stairs every time.
A female resident in her 70s who lives on the seventh floor said that since the elevator could not be used, it was very difficult for her to climb the stairs. She often felt severe pain in her knees and was unable to move normally. The residents downstairs also felt physically and mentally exhausted from using the stairs for a long time.
Rent increase canceled, residents still confused
After learning that the landlord decided to withdraw the rent increase, the residents had mixed feelings. Although they were relieved that the rent increase was cancelled, many residents said that this reversal made them unable to completely relax, not only because they had faced tremendous pressure to move, but also because many neighbors had decided to move away. For elderly residents, the troubles caused by moving far exceeded the change in rent.
In addition, residents expressed strong distrust of whether the landlord would be able to keep its promise to withdraw the rent increase. One resident said he simply couldn't believe what they said.
Who will safeguard the housing justice of indigenous residents?
This incident reflects a deeper problem. Residents cannot understand why the ownership of an apartment can be easily transferred without the consent of the residents. The new Chinese owner is said to be from Hong Kong. When he was interviewed by Japanese media, he said that rent increases are common in Hong Kong, and the rights of the original tenants are completely ignored.
The Spanish government recently ordered Airbnb to cancel 66,000 short-term rentals. Similar to the current situation in Japan, a large number of Americans have "traveled" to Spain in recent years, causing local rents to soar, and many Spaniards have been forced to move out of their original places of residence.
A recent report by the Bank of Spain said the country has a housing shortage of 450,000 units. The report noted that in tourist hotspots such as the Canary Islands and the Balearic Islands, half of the housing stock is tourist accommodation or properties owned by non-residents.
Spanish Minister of Consumer Rights Bustinduy said that tourism is undoubtedly an important core of the Spanish economy and a very important industry, but tourism cannot endanger the constitutional rights of the Spanish people, their right to housing and their basic well-being.
The sudden increase in apartment rents in Itabashi, Tokyo, reveals a grim reality facing the current real estate market. The influx of foreign capital is affecting the rents and quality of life of original residents. After the injection of capital by Chinese investors, the previously stable rents suddenly skyrocketed, and the apartments were illegally operated as homestays, leaving residents confused and helpless. Although the new owner withdrew the decision to increase the price and said that it would investigate the homestay issue, for the residents, the pressure and anxiety caused by this incident has not ended. Especially for older residents, the living environment and lifestyle that they have been familiar with for a long time are undergoing earth-shaking changes.
This incident reflects the helplessness and dilemma of the indigenous residents in the face of foreign capital invasion, and also makes people think about how to balance the development of the real estate market with the livelihood economy and quality of life of the residents. When the locals cannot even afford to rent or buy in their own country and become homeless, who will guarantee housing justice?
Risk Warning
Cryptocurrency investment carries a high degree of risk. Its price may fluctuate drastically and you may lose all your capital. Please assess the risk carefully.
Dubai's real estate market has recently set an amazing transaction record, and the wave of tokenization and tax-free havens have attracted the attention of global investors. However, is this real estate feast in the desert an opportunity to double your wealth, or a bubble that specifically targets foreigners? This article will analyze the hidden risks and opportunities behind real estate investment in Dubai.
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ToggleDubai's real estate market is hot: high growth data becomes a catalyst for investment hotspots
According to data from the real estate platform Property Finder in May this year, Dubai's real estate market achieved a monthly transaction volume of approximately US$18.2 billion (66.8 billion dirhams), an annual growth rate of 44%, and the primary market soared by 314%. This not only reflects the active market and investment confidence, but also makes many people regard Dubai as the next real estate investment treasure land.
What attracts global investors is not only the impressive data, but also the advantages including permanent property rights, exemption from personal income tax, and low entry threshold. In particular, the 10-year golden visa can be applied for with a threshold of approximately NT$17 million, which is extremely attractive to immigrants or asset allocators.
Dubai real estate tokenization is taking shape
In addition to traditional transactions, Dubai is accelerating towards the era of "real estate tokenization". From official supervision to market operations, several major cooperation cases have emerged recently.
For example, the $3 billion blockchain-based cooperation between financial derivatives firm MultiBank Group, UAE real estate giant MAG and blockchain infrastructure service provider Mavryk in early May to put real assets (RWA) on the blockchain; and the tokenized real estate platform launched by the Dubai Land Department (DLD) all show that the city is moving towards a more open and digital investment model.
Scott Thiel, CEO of tokenized product service provider Tokinvest, believes that Dubai’s high liquidity and active trading are paving the way for real estate “ fragmentation ”:
In the future, only a small amount of money will be needed to own a portion of high-priced real estate, and global investors are expected to participate in this new wealth game more easily.
Behind the gorgeous appearance: uneven quality of construction products leads to hidden concerns
Although foreigners can legally purchase property, there are risks involved in the actual operation. A local Taiwanese pointed out that many popular construction projects were built by the developer Damac, which had been exposed to disputes such as water seepage, cabinets falling, and unstable quality. The quality of construction companies in Dubai varies greatly. If you don't choose carefully, you may buy problematic properties that are difficult to rent or sell.
In addition, location selection is also crucial. Some areas, such as "Maritime City", are considered by locals to be development areas with inconvenient transportation and insufficient functions. In fact, most of the houses purchased are for speculation rather than long-term residence:
For overseas buyers who lack on-the-ground experience, advertising language is often more attractive than real reviews, so investors need to be extra vigilant.
The hidden flaws of Dubai that real estate agents didn’t tell you about
In addition, many people are optimistic about Dubai as a "rental investment destination", but the actual situation may be far from expectations. According to local experience , tenants often break contracts, evade rent, and damage the house. The legal system tends to protect tenants, making it time-consuming and laborious to seek compensation. The lack of a sound property management and leasing mechanism is particularly disadvantageous to foreign landlords.
Don’t forget that although Dubai’s real estate market is tax-free, prices are actually high, the temperature is always above 40 degrees, and traffic is often congested due to population growth. These realities will affect occupancy rates and asset liquidity.
Should we believe or doubt the golden illusion of the desert city?
Dubai is a city with both wealth and a sense of the future, and it is also an investment destination that is easily over-imagined. Between bubbles and prosperity, the choice is always in the hands of investors. Investing in real estate has never been an easy task. Only by seeing the reality clearly and making careful arrangements can you dig out real gold in this desert.
Risk Warning
Cryptocurrency investment carries a high degree of risk. Its price may fluctuate drastically and you may lose all your capital. Please assess the risk carefully.
Comprehensive report: Last week, gold prices fell significantly after a strong rise driven by a wave of safe-haven buying. Against the backdrop of intensified geopolitical tensions between Europe and the Middle East and unstable trade situations, many investors chose to take profits. In addition, the latest strong US employment data suppressed expectations of a rate cut by the Federal Reserve, further suppressing gold prices. As of last Friday, the spot price of gold fell 0.6% to $3,361.24 per ounce; the settlement price of US August gold futures also fell 0.4% to $3,384.92 per ounce.
According to the latest data, at 8:31 pm EST on Sunday, the price of gold fell again to $3,306 per ounce. Analysts believe that the decline in gold prices last week mainly reflects two factors: a small rebound in the US dollar and investors' immediate selling after making profits. Despite this, the price of gold still retains most of its recent gains, reflecting the market's continued attention to geopolitical risks, especially when there is no clear sign of reconciliation in the war between Russia and Ukraine, the US-Iran nuclear agreement negotiations are almost broken, and the US-China negotiations are unclear. Market sentiment fluctuates with the world situation.
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ToggleGeopolitical risks continue to ferment
In early June, Ukraine launched a drone attack on Russia, significantly affecting the peace talks; Moscow has still not shown its willingness to reach a ceasefire agreement. On the other hand, former US President Trump recently expressed opposition to Iran's uranium enrichment, which led to a major setback in the US-Iran negotiations. The above-mentioned events have exacerbated the tension in the Middle East and boosted the market demand for safe-haven assets such as gold.
In addition, the uncertainty of Sino-US trade relations still plagues the market. Trump and Chinese President Xi Jinping held a phone call on Thursday, which, despite much anticipation, failed to bring concrete results. Analysts pointed out that if the tariff news turns negative in the future, it will boost gold prices again. Marex analyst Edward Meir said that this was a very difficult negotiation and that one phone call alone was not enough to solve the problem.
U.S. Labor Department's May non-farm payrolls report beats market expectations
The US non-farm payrolls report for May was better than expected, with an increase of 139,000 and an unemployment rate of 4.2%, in line with expectations. This performance weakened the market's bets on the Fed's recent rate cuts. According to short-term interest rate futures trading, the market currently estimates that the Fed may start cutting interest rates in September, and the probability of only one rate cut throughout the year is increasing.
The market's adjustment to interest rate trends has also weakened the appeal of gold. Although gold has always been regarded as an important hedge against inflation and political risks, in a high-interest environment, its investment appeal is relatively reduced because gold itself does not generate interest.
It is worth noting that the recent sell-off in the bond market is partly due to market concerns about the high debt level in the United States. At the same time, the controversial tax cut bill supported by Trump has made progress in Congress, which has also caused investors to pay more attention to future fiscal policies.
Although the price of gold has fallen in the short term due to the rebound of the US dollar and profit-taking, gold is still expected to maintain medium- and long-term safe-haven demand amid the unresolved global geopolitical risks and the high uncertainty of US-China trade relations. This is purely a market observation, not any investment advice.
Risk Warning
Cryptocurrency investment carries a high degree of risk. Its price may fluctuate drastically and you may lose all your capital. Please assess the risk carefully.
