Morning Report: Scarcity of Hotspots, Market Extremely Short-Term Focused, BTC Remains Core Support
📈 Market Overview: BTC Still Core Support, US Stock Market Pressure Persists
1️⃣ $BTC | Fundamentals Stable, but US Stock Market Decline Affects Market Sentiment
🔹 Global Strategic Reserve Competition May Accelerate, but Ongoing Adjustments in US Stocks Weigh on BTC;
🔹 Spot Institutional Holdings Stable, Market Mainly Affected by External Environment.
2️⃣ $ETH | Whales Accumulating vs. Retail FUD, Sentiment Drives Short-Term Volatility
🔹 Application Growth Slow, but $Cocoro Short-Term Boosts ETH Price, Sentiment Still Key;
🔹 Market Still Lacks Substantial Catalysts, Expected to Continue Fluctuating with BTC in the Short Term.
3️⃣ $SOL | Funds Mostly Observing, OTC Institutions Withdraw Staked Assets, On-Chain Market Shows Signs of Recovery
🔹 Solana Core Developers Max Resnick and Ashwin Sekar Jointly Release SIMD-0257 Proposal;
🔹 Some On-Chain Projects Show Signs of Recovery, but Overall Still Driven by BTC and US Stock Trends.
🔥 Regulatory & Institutional Dynamics
4️⃣ Most Funds Returned After 1inch Hacked, Both Parties Reach Vulnerability Bounty Agreement;
5️⃣ Crypto Tsar David Sacks Opposes Crypto Trading Tax;
6️⃣ Texas Establishes Bitcoin Reserve Fund, Becoming the First State-Owned Crypto Fund in the US;
7️⃣ Bitwise: Trump's Crypto Reserve Plan May Trigger Global BTC Competition.
📌 Exchange & Ecosystem Progress
8️⃣ @arkham Launches KOL Tracking Tags in the Crypto Space;
9️⃣ DOGE Prototype Shiba Inu KABOSU's Owner Launches $Cocoro on Base Chain, Rises to 100M in 1 Hour, Now Retraced to 36M;
🔹 Meme Market Goes Crazy Short-Term, Capital Rotation Accelerates;
🔟 @RobinhoodApp Pays $26 Million Fine, Settles with US Financial Industry Regulatory Authority;
1️⃣1️⃣ @avax Foundation Establishes infraBUIDL(AI) Program Committee, Former Directors Resign Collectively;
1️⃣2️⃣ GSR Clarifies: Not the Market Maker Involved in GoPlus Security as Mentioned in Binance Statement;
1️⃣3️⃣ @cz_binance Reveals: @yzilabs May Invest in a Social Platform Based on BNB Payment MVP;
1️⃣4️⃣ @JupiterExchange Co-Founder Confirms: JUP Tokens Will Not Be Used for Operating Funds;
1️⃣5️⃣ @solayer_labs Has Launched Native SOL Staking;
1️⃣6️⃣ @coinbase Works Over the Weekend to Onboard Stocks, Recreating the LUNA Model from Years Past?