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The SEC is expected to issue an innovation exemption for the crypto industry. The UK "Digital Assets and Other Property Act" has come into effect. BlackRock's CEO revealed that sovereign wealth funds are buying bitcoin. Bank of America recommends clients allocate to crypto assets. Bitcoin selling pressure is nearing its end. Summary generated by Mars AI. The accuracy and completeness of this summary are still being improved as the Mars AI model continues to iterate.
In recent days, an article titled "I Wasted Eight Years in the Crypto Industry" has garnered over a million views and widespread resonance on Twitter, directly addressing the gambling nature and nihilistic tendencies of cryptocurrencies. ChainCatcher now translates this article for further discussion and exchange.
The article discusses the concept of modular blockchains and Ethereum's performance improvement through the Fusaka upgrade. It analyzes the challenges faced by DA layers such as Celestia and highlights Ethereum's advantages. The summary was generated by Mars AI. The accuracy and completeness of this summary are still being iteratively updated.
- 16:16Data: HEMI drops over 26% in 24 hours, PORTO drops over 18%According to ChainCatcher, spot market data from a certain exchange shows significant market volatility. HEMI has dropped by 26.7% in the past 24 hours, PORTO has fallen by 18% in the same period, both experiencing a "surge and pullback" pattern. Additionally, RONIN has also shown a "surge and pullback" trend, with 24-hour declines of 14.55% and 13.46%. THE and BIO have also dropped by 16.51% and 15.12%, respectively. Meanwhile, RARE and RONIN have hit new lows today, with declines of 9.33% and 7.38%, respectively.
- 16:16Data: Jeffrey Huang (Machihuang) closed his ETH long positions at a loss of $738,000 and went long again with 2,100 ETH.According to ChainCatcher, on-chain analyst @ai_9684xtpa monitored that as ETH dropped to $2,900, Huang Licheng closed his ETH long positions at a loss, incurring a loss of $738,000. However, he went long again with 2,100 ETH (worth $6.18 million). After his account balance once rebounded to $3 million, it currently stands at only $227,000.
- 16:15Data: 1011 Insider whale deposits another 10 million USDC into Hyperliquid, goes long on 9,010.4 ETH with 5x leverageAccording to ChainCatcher, Onchain Lens monitoring shows that the insider whale 1011 has once again deposited 10 million USDC into Hyperliquid, and went long on 9,010.4 ETH (worth 26.8 million USD) with 5x leverage. The opening price was $2,959.4, and the liquidation price is $1,888.2.