On May 6, CryptoQuant analyst Axel Adler Jr. posted on social media that bitcoin short-term holders (holding coins for 1 to 3 months) represent the most aggressive market participants, including professional speculators who trade bitcoin through ETF brokers. During the current bull cycle, their net unrealized profit and loss (NUPL) typically rises to a range above 40%, after which they start taking profits, thus forming a selling pressure on the cash market. The current NUPL for this group is 8%...
On May 5th, Reuters quoted Arkham data as saying that a single wallet holds USD1 worth 2 billion US dollars, and said that the identity of the wallet holder has not yet been confirmed. Previously, US Democratic Senator Elizabeth Warren said that Trump's efforts to promote the development of stablecoins are suspected of conflict of interest. It is reported that USD1 is a stablecoin launched by the Trump family crypto project WLFI, backed by US Treasury bonds, US dollars and other cash equivalents...
Market news: French far-right leader Le Pen was sentenced to an immediate ban from running for election, the duration of which is unknown.
According to Cointelegraph, the current government of Australia has said that it has no plans to establish a strategic cryptocurrency reserve at this time. A spokesperson for Australia's Assistant Treasurer and Financial Services Minister Stephen Jones told Cointelegraph that the Albanese government is focused on regulating digital asset platforms and is developing a regulatory framework appropriate for digital assets. Tom Matthews, head of corporate affairs at Australian exchange Swyftx, believ...
On February 19, according to The Information, DeepSeek has so far not raised external funding, in part to avoid pressure from investors to commercialize its product too quickly. But since the company's artificial intelligence chatbot app became an overnight success a few weeks ago, the company has considered launching a new initiative due to the need for more artificial intelligence chips and servers to handle the rapidly growing use and support model development, according to people familiar wi...
Federal Reserve Chairperson Jerome Powell said January's inflation data suggest the central bank is close to but not yet on target for inflation.
European Union Commission: No formal notification of additional duties on European Union goods has been received.
On February 10, regarding the announcement by the parent company China Ordnance Equipment Group Co., Ltd. that it is planning a reorganization with other state-owned central enterprise groups, Changan Automobile replied to reporters: "At present, the specific situation is not clear. The announcement is the main one, and further information will be shared."
Rabobank said that at present, Trump's plan has not materially changed the economic outlook for the euro area. Therefore, there is no reason to expect the ECB to change the course of interest rate cuts at this time. The ECB Governing Council increasingly expects inflation to converge to its 2% target during 2025, which allows for another 25 basis points rate cut at the January policy meeting. However, uncertainty about the future remains high. Therefore, while the ECB may be inclined to...
As of now, Melania is not available on Coinbase or Coinbase Wallet, and it is important to verify the availability of tokens before making any transactions.
According to Dune data, 99.6% of pump.fun traders have yet to lock in more than $10,000 in profits. However, an on-chain analyst said the data does not clearly reflect how many cryptocurrency traders have actually made profits on the platform. Meanwhile, of the 13.55 million wallet addresses on the Pump.fun platform, approximately 55,296 have realized profits in excess of $10,000. The data shows that six- and seven-figure profits are even rarer: Only 0.048% of traders realized a profit of more t...
According to the latest Dune data, 99.6% of pump.fun traders have yet to lock in more than $10,000 in profits. However, one on-chain analyst said the data does not clearly reflect how many cryptocurrency traders have actually made profits on the platform. According to Dune data, about 55,296 of the 13.55 million wallet addresses on the Pump.fun platform have realized profits over $10,000. The data shows that six- and seven-figure profits are even rarer: only 0.048% of traders have realized profi...
The European Union's MiCA Act has officially come into force, but Tether's USDT has yet to be certified for compliance, raising concerns about its future in the European Union market. MiCA imposes strict requirements on stablecoin issuers, and big-name stablecoins such as Tether face capital reserve and liquidity requirements, which could lead to their withdrawal from the European Union market. Still, Tether's large market capital and global adoption make it unlikely to suffer an immediate finan...
Gary Gensler, who has not yet left the Securities Exchange Commission, has promoted five senior officials, many of whom are point persons in cryptocurrency-related enforcement. It is reported that the relevant promotion process usually takes several years, but this time it is low-key and completed quickly, raising questions in the crypto community about its timing and purpose. Former Securities Exchange Commission official John Reed Stark said that Gary Gensler's personnel action was carried out...
On December 21st, according to Fox coverage, some government entities shut down after Congress failed to pass a continuing resolution spending bill to avoid a government shutdown by the deadline and send it to President Biden's desk. The Senate is currently actively considering amendments such as voting in order to submit the bill to Biden. The temporary bill is expected to be passed by the Senate in the next few hours. The partial shutdown of government entities is only a few days away from Chr...