8.16BN Morning Report: #BNB
Will there be a market this weekend? Will it be like the previous weeks? Let's wait and see, after all, it has only corrected less than 10%, and the positions of xdm are exploding, it's too exaggerated.
1. $BTC has started to correct after breaking new highs, following ETH downwards;
2. $ETH is only 1% away from ATH, then it starts to correct, currently there is a serious divergence, some believe it has peaked while others think Wall Street's power cannot be underestimated;
3. $SOL follows the market, rises a lot and falls even more, waiting for its own shining moment;
4. Longling Capital's associated address sold 7,000 Ethereum about 40 minutes ago, worth approximately 31.82 million USD;
Is Cai Wensheng starting to offload?
5. Public company RYVYL is transforming to focus on cryptocurrency fund management business;
6. BitMine increases its holdings by 28,650 ETH, total holdings 1.174 million ETH;
7. Federal Reserve's Daly: Two interest rate cuts this year would be appropriate;
8. Putin news conference: Trump states no agreement reached with Putin on 'most important' matters;
9. Mysten Labs appoints former Goldman Sachs crypto asset head Mustafa Al Niama to lead capital markets business;
Is $SUI entering Wall Street?
10. New York State plans to introduce a cryptocurrency transaction tax, potentially raising 158 million USD annually;
11. Gemini IPO filing: The exchange targets Nasdaq as GEMI and discloses revenue decline;
12. Grayscale seeks approval from the US Securities and Exchange Commission (US SEC) to launch a Dogecoin ETF, ticker symbol 'GDOG';
Is $DOGE the first MEME ETF?
13. Ethereum validators joined with over 350,000 ETH, left with over 830,000 ETH;
14. Galaxy completes $1.4 billion in debt financing to renovate its Helios Bitcoin mining facility for an AI agreement with CoreWeave.;
15. Reuters: The Federal Reserve plans to cancel regulatory plans for banks' crypto and fintech activities;
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Every chain has its own moment, has its own 'Pixiu market manipulation', the key is whether one can find it. Currently, what is learned is only to chase rises and kill falls, absolutely not buying into rebound plays, these rebounds can be quite harsh.