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Share link:In this post: Porsche will no longer produce high-performance EV batteries at its Cellforce unit. About 200 of nearly 300 Cellforce jobs will be cut as the unit focuses on research and development. European automakers are struggling to compete with Asia’s dominance in battery production.
Finance Minister Kato discussed Japan’s Web3 era financial reforms, crypto regulations, stablecoin adoption, tax measures, and public-private collaboration to strengthen global competitiveness and support innovation in the country’s evolving crypto ecosystem.
President Trump fired Federal Reserve Governor Lisa Cook over mortgage fraud allegations, marking the first presidential dismissal of a Fed governor in the central bank's 111-year history.
- 11:12Data: Glassnode Bitcoin's realized losses have surged to the highest level since the FTX collapseChainCatcher news, Glassnode stated on the X platform that realized losses for bitcoin have soared to the highest level since the FTX collapse, with short-term holders being the main drivers of this wave of selling. The scale and speed of liquidations during the decline reflect a significant reduction in marginal demand, as recent new entrants are closing their positions and exiting the market.
- 11:05Data: A certain address accumulated 4,576 BTC in the past month, worth $377.3 millions.According to ChainCatcher, Onchain Lens monitoring shows that a certain wallet has withdrawn 307 BTC worth $25,310,000 from an exchange. Over the past month, this whale has been continuously withdrawing BTC from the exchange, and now holds 4,576 BTC in its wallet, valued at $377,300,000.
- 10:583,001.9 ETH transferred to an exchange, worth approximately $8.02 millionAccording to Jinse Finance, Arkham data shows that 3,001.9 ETH (worth approximately $8.02 million) were transferred from an anonymous address (starting with 0x3F32...) to an exchange.