❓ What happened in #Crypto in the past 24 hours
1. Market Trends
▪️ $BTC followed the sharp decline of U.S. stocks, directly falling below 106,000, currently priced around 105,000
▪️ $ETH fell below 2400 this morning, currently still hovering around 2400
▪️ $SOL has been dropping smoothly, with slow increases and sudden declines. Current price is around 145
▪️ Altcoins followed the market, showing widespread declines
2. On-chain News
▪️ Total TVL across all chains is 110.504B, down nearly 3B from yesterday
▪️ On-chain activity is also quite tough, and everyone is not participating much in pump and dump anymore. Bonk and Believe have higher attention, but both are continuing to hype up the leaders, with no other targets. #USELESS has increased over 20% in the last 24 hours, currently with a market cap of 241.8M; #STARTUP has increased over 40% in the last 24 hours, currently with a market cap of 38.9M
3. Hot News
▪️ Cookie Snaps has launched on vooi, with 1.25% of the total token supply allocated to platform users
▪️ DeFi Development will raise 100 million dollars through convertible bonds to increase holdings in Solana and buy back shares
▪️ The U.S. Senate has passed the "Big and Beautiful" bill, which has now been submitted to the House for review
▪️ The cryptocurrency tax incentive provisions failed to be included in Trump's "Beautiful America Act"
▪️ The U.S. SEC approved Grayscale's Digital Large Cap Fund conversion to an ETF
▪️ The U.S. House of Representatives is scheduled to debate and vote on Trump's tax cut and spending bill on Wednesday local time
▪️ The USDT-backed stablecoin public chain Stablechain has officially launched
▪️ Federal Reserve Chairman Powell: Tariffs create uncertainty leading to delayed interest rate cuts
▪️ The Hong Kong SAR government has appointed and reappointed twenty unofficial members of the third-generation internet development task force
▪️ Circle has launched developer services Circle Gateway, which plans to go live on Base, Ethereum, and other testnets this month
▪️ Bitget Wallet has partnered with Mastercard to launch a cryptocurrency payment card in the UK and EU regions
#Crypto $BTC $ETH $SOL #USELESS #STARTUP
