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Bitcoin slipped after a slightly higher-than-expected U.S. inflation print and a rise in weekly jobless claims.However, analysts remain optimistic about its long-term prospects, particularly with potential Fed rate cuts and the upcoming U.S. presidential election.
According to the analyst, Chinese pressure on Ethereum price may continue.
Centralized exchanges are favored by 58% of traditional hedge funds for liquidity and ease of use.
The exchange said it is enhancing its token evaluation process, focusing on tokenomics, distribution, utility and the development team's experience.
A newly formed cryptocurrency committee within South Korea’s top financial regulator, the FSC, will review the current ban on spot crypto ETFs.
- 10:54A certain whale has reduced its holdings by 188.1 billion PEPE in the past hour, resulting in a loss of 2.63 million US dollarsAccording to ai_9684xtpa monitoring, "ETH High Win Rate Band Elder Brother" has reduced his position in PEPE, which was established three months ago, by 188.1 billion in the past hour, resulting in a loss of 2.63 million US dollars. This portion of $PEPE was purchased at an average price of 0.00002357 US dollars in December 2024 and sold at a price of 0.000009593 US dollars this time, resulting in a loss of 59.3%.
- 10:34100 million USDT was transferred from CEX to AaveAccording to Whale Alert monitoring, about 3 minutes ago, 100 million USDT was transferred from CEX to Aave.
- 10:32SOL Foundation: The application scenario of PayFi is the white whale of the encryption industry, and tokens will never truly disappear as long as they have a communityLiu Yuanli, the chairman of the Solana Foundation, stated at the Consensus Hong Kong conference that PayFi's application scenario is huge and it is a "White Whale" in the crypto industry. If every blockchain aims to become global financial infrastructure, then these technologies are stacked up and the core goal of the industry is to build a financial layer so that all 5.5 billion internet users can use it. Once a token has a community, it means it will not truly disappear. For example, Ethereum Classic or projects like Bitcoin Gold and Bitcoin Diamond which are rarely mentioned still have huge market values because of their community size and longevity. PayFi's vision is to make payments in economic behavior, i.e., exchange tokens for services, which has not yet been fully realized.