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In Brief XRP demonstrates similarities to its legendary 2017 surge. Solana gains from increased institutional investment interest. Possible spot ETF approvals could enhance XRP and Solana prospects.
In Brief Arbitrum's Timeboost collected $2 million in fees within three months. Users bid for transaction priority, enhancing efficiency and reducing congestion. The mechanism strengthens Arbitrum DAO's treasury and supports decentralization.
In Brief JPMorgan predicts a stablecoin market worth 500 billion dollars by 2028. Contrastingly, Standard Chartered sees potential for 2 trillion dollars if regulations pass. Regulations remain crucial in determining stablecoin market growth trajectories.
In Brief Bitcoin tests $110,000 resistance with potential volatility ahead. The $100,000 threshold is crucial for supporting a bullish market. Altcoin market shows latent strength despite liquidity challenges.
In Brief XRP may surge after closing above $2.32. Dogecoin holds potential for a 50% increase if maintaining $0.16. Cardano requires $0.67 to trigger a 25–35% rise.
- 18:34Guterres Reiterates UN Support for Comprehensive, Immediate, and Unconditional Ceasefire Between Russia and UkraineJinse Finance reported that Stéphane Dujarric, spokesperson for United Nations Secretary-General António Guterres, stated on the 28th that Guterres spoke with Ukrainian President Zelensky on the same day, reiterating the United Nations’ principled position in supporting a comprehensive, immediate, and unconditional ceasefire between Russia and Ukraine. At a press conference that day, Dujarric said that Guterres and Zelensky discussed recent diplomatic efforts to end the Russia-Ukraine conflict. Guterres emphasized the importance of maintaining diplomatic momentum and reiterated the United Nations’ principled position in supporting a comprehensive, immediate, and unconditional ceasefire, considering it the first step toward achieving a just, comprehensive, and sustainable peace in Ukraine, in accordance with the United Nations Charter, international law, and relevant United Nations resolutions. (Xinhua News Agency)
- 18:09Data: If ETH breaks $4,708, the cumulative short liquidation intensity on major CEXs will reach $2.196 billions.ChainCatcher News, according to Coinglass data, if ETH surpasses $4,708, the cumulative short liquidation intensity on major CEXs will reach $2.196 billions. Conversely, if ETH falls below $4,288, the cumulative long liquidation intensity on major CEXs will reach $1.341 billions.
- 17:28US CFTC issues guidance on foreign trading platform registration framework, providing regulatory clarity for non-US platforms returning to the US marketChainCatcher News, the U.S. Commodity Futures Trading Commission (CFTC) Division of Market Oversight today issued guidance on the registration framework for Foreign Boards of Trade (FBOT), applicable to non-U.S. entities that are legally established and operating outside the United States and wish to provide direct trading platform access to individuals located within the United States. The CFTC's FBOT registration framework applies to all markets, regardless of asset class, including both traditional and digital asset markets. Acting Chair Caroline D. Pham stated: "The FBOT guidance issued today provides regulatory clarity for the legitimate return of trading activities to the U.S. that had left due to enforcement-driven regulation in recent years. By reaffirming the CFTC's longstanding approach, we offer U.S. traders diverse choices and access to the world's deepest and most liquid markets, as well as a wide range of products and asset classes. U.S. companies that were forced to establish operations abroad to conduct crypto asset trading now have the opportunity to return to the U.S. market."