What Happened in #Crypto in the Last 24 Hours
1. Market Trends
▪️ $BTC surged to 110K without any delay. 🥳 It has surpassed Amazon to become the fifth-largest asset by market capitalization globally.
▪️ $ETH is charging ahead! The whole world is waiting for ETH to break 3000 and kick off the “Altcoin Season.”
▪️ $SOL broke past 170, but its independence is too weak; no significant upward momentum was observed.
▪️ Altcoins are experiencing a widespread increase, although the rise is relatively low, still waiting for $ETH to lead.
2. On-chain News
▪️ Total TVL across all chains is 117.651B, a slight increase compared to yesterday.
▪️ On-chain sentiment is attracted by secondary markets, but there are still some tokens with decent upward momentum. $DIS has a 24-hour throughput of over 50M, currently valued at 39.1M; $IBRL has been discovered for its value, up 5 times in 24 hours, currently valued at 38.3M; $neet is rising, currently valued at 10.2M.
3. Hot News
▪️ The President of El Salvador revealed the country’s BTC holdings: a floating profit of 386 million USD, and has never sold.
▪️ @Metaplanet_JP has a floating profit of 121 million USD from Bitcoin holdings; @Strategy's Bitcoin holdings currently have a floating profit of over 23 billion USD.
▪️ The total market capitalization of cryptocurrencies has risen above 3.43 trillion USD, needing an 8% increase to reach the historical high.
▪️ Solana Mobile announced the Seeker device's trustless architecture and the native token SKR.
▪️ The SEC acknowledges BlackRock's physical redemption for the spot Ethereum ETF.
▪️ The “GENIUS Act” has passed the voting motion and entered the amendment process.
▪️ VanEck will launch the PurposeBuilt fund focused on the @avax ecosystem.
▪️ Arthur Hayes: Japanese government bond yields are soaring, and the central bank's interest rate hike plan may face a “heavy blow.”
▪️ Former member of the Bank of Japan: The window for interest rate hikes by the Bank of Japan is narrowing.
▪️ Matrixport: The structure of the Bitcoin market is evolving, with long-term funds gradually becoming the dominant driving force.
#Crypto $BTC $ETH $SOL $DIS $neet $IBRL
