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Ethereum’s price is fluctuating around $3,700, influenced by US credit and labor data, with traders cautiously avoiding high leverage. Whale activity indicates limited bearish sentiment, but there is insufficient confidence in a rapid rebound. No warning signals have been observed in the derivatives market, and a recovery will require clearer macroeconomic signals. Summary generated by Mars AI. This summary is produced by the Mars AI model, and the accuracy and completeness of its content are still being iteratively updated.
In Brief BNY Mellon enhances its crypto ecosystem role through infrastructure services, not its own coin. The bank supports stablecoin projects instead of launching an altcoin amid positive market conditions. BNY Mellon prioritizes infrastructure over token issuance, promoting collaboration and ecosystem strength.
In Brief The crypto market exhibits signs of recovery post-major liquidations. Ethereum, Dogecoin, Cardano, and XRP have shown significant gains. Technological innovations and ETF expectations contribute to market optimism.
Bitcoin has closed above the $100K mark for 163 days in a row, showing strong market confidence and price resilience.Bitcoin Holds Strong Above $100KWhat Sustains This Momentum?What Comes Next for Bitcoin?
Ethereum’s open interest has dropped to pre-rally levels, hinting at a potential setup for the next major price move.Ethereum Open Interest Drops — Calm Before the Storm?What This Reset Could MeanTraders Watching for Confirmation
- 22:58OpenSea CEO: We will not abandon NFTs, but rather expand into a universal on-chain trading hubJinse Finance reported that OpenSea CEO Devin Finzer denied claims that the company is abandoning non-fungible tokens (NFTs), stating that the marketplace is "evolving" into a universal platform for trading various on-chain assets. Finzer said: "We are building a universal interface for the entire on-chain economy—tokens, collectibles, culture, digital and physical." He added: "The goal is simple: as long as it exists on-chain, you should be able to trade it on OpenSea, seamlessly across any chain, while maintaining full control over your assets."
- 22:42Roman Storm asks the open-source software community: Are you worried about being prosecuted for developing DeFi platforms?Jinse Finance reported that Roman Storm, developer of the Tornado Cash privacy protocol, asked the open-source software community whether they are concerned about being prosecuted retroactively by the US Department of Justice for developing decentralized finance (DeFi) platforms. Storm asked DeFi developers: How can you be sure you won't be prosecuted by the Department of Justice for "MSB" (building non-custodial protocols), and then be accused of having to build custodial protocols instead? If SDNY can charge developers for building non-custodial protocols... then what safety is left?
- 22:24ECB President: Europe Must Establish Its Own Digital Asset Market to Maintain Financial StabilityAccording to a report by Jinse Finance, Bloomberg analyst Walter Bloomberg released market news stating that European Central Bank President Piero Cipollone said Europe must establish its own digital asset market to maintain financial stability. He supports the use of the digital euro for daily payments and warned that if deposits shift to foreign tokens, stablecoins could weaken banks and monetary policy. Although stablecoins can facilitate cross-border payments, he pointed out that Europe already provides fast and secure central bank fund transfer services.