8.75 billion USD stablecoin frenzy! Institutions buy the dip + big names take the stage, is ETH 4555 just the starting point?
The crypto market is witnessing an unprecedented capital carnival! According to Lookonchain data, Tether and Circle are going all out, minting 1.25 billion USD stablecoins in a single day (1 billion USDT + 250 million USDC), and in the past month, the two giants have pumped a total of 8.75 billion USD into the market! Behind this crazy printing spree is a strong signal that the crypto market is about to explode—demand is surging, funds are pouring in, and the bull market trumpet has already sounded!
Whales are buying, 1.25 billion USD ignites market enthusiasm
While retail investors are still watching from the sidelines, institutions have already cast their votes with real money! In the past 6 hours, 1.25 billion USD has rushed into the market, with 1 billion USDT and 250 million USDC bursting onto the scene like fierce beasts, frantically buying the dip. The figures of whales increasing their positions are constantly flashing, but behind this gamble, are they keenly perceptive prophets or is it absolute confidence from capital in the crypto market?
Hong Kong conference kicks off with a bang, political and business giants collectively take the stage
The Hong Kong crypto conference, which once terrified investors, has transformed into a “super favorable news generator”! The Bitcoin Asia 2025 conference is star-studded, with Eric Trump, son of Donald Trump, personally leading the charge, and big names from American capital such as the former CTO of Coinbase and Bitcoin cryptography pioneers gathered together, even the blockchain minister from Pakistan came to show support. This is not just an industry conference; it is clearly a “coronation ceremony” for cryptocurrency hosted by global capital and political figures!
Nvidia's financial report provides support, short-term crisis averted
The financial report from tech giant Nvidia has also served as a “calming agent” for the market. With steady performance and a sincere 60 billion USD stock buyback plan, although there are still concerns regarding export policies to China, at least in the short term, the crypto market no longer needs to be on edge over tech stock fluctuations, and bulls can finally breathe a sigh of relief, preparing to launch a new offensive!
ETH 4555 defense battle, PCE data becomes the key to victory
Ethereum is currently firmly standing at the 4555 USD high ground, but the battle smoke has not cleared! The PCE data scheduled to be released on Friday evening will directly impact Federal Reserve policy direction and will become the key to ETH breaking through its bottleneck. Will it soar into a new era or face a sniper attack and fall into turbulence? Global investors are closely watching the screen, waiting for the judgment of fate!
Musk's little puppies, the strongest dog on the Ethereum chain