The firm notes that the anticipated excitement for this market cycle has not materialized yet. A significant observation is the continuous decrease in Google search interest for cryptocurrencies. Compared to previous market peaks, search trends for cryptocurrencies are significantly lower, indicating a decline in public curiosity. Wikipedia searches related to cryptocurrencies also show a similar trend, with searches not reaching previous cycle highs and starting to decrease in recent months. The lack of public interest in cryptocurrencies could be due to various factors such as global macroeconomic conditions, market sentiment, or the delayed arrival of the expected euphoria.

According to official sources, the NFT market X2Y2, which has been operating for nearly three years and has achieved a trading volume of 56 billion US dollars, has officially announced that it will close its platform services on April 30, 2025. The platform contract will remain active, but the market itself will cease operations. In the future, X2Y2 will transition to the AI and crypto cross-border field, developing a decentralized, innovative revenue platform aimed at creating a sustainable value cycle.

On March 10th, according to Decrypt, Geoff Kendrick, global head of digital asset research at Standard Chartered Bank, proposed that the US government could purchase Bitcoin in several budget-neutral ways when implementing the latest executive order from President Trump. Kendrick detailed these strategies, stating that they would avoid "additional costs to American taxpayers," a practice that Trump had already banned when establishing a strategic Bitcoin reserve last week. In a research report last Friday, Kendrick wrote that the Trump administration could achieve this by "selling gold," utilizing the US Treasury's so-called Exchange Rate Stabilization Fund (ERF), or incorporating budget-neutral plans into Senator Cynthia Lummis's proposed 2024 "Bitcoin Bill." According to data from the World Gold Council, the US government currently holds 8133.46 tons of gold reserves. At current prices, this batch of gold is worth approximately $758 billion.

on June 23, according to the official announcement, the sixth phase of the USDD 2.0 market supply mining activity was officially launched at 20:00 (SGT) on June 21, and the activity will continue until July 19. This phase of the activity introduces a step-by-step income plan on the JustLend DAO platform, participants can enjoy a maximum annualized yield of up to 6% by depositing USDD, and rewards will be distributed weekly. The purpose of this mining activity is to further enhance the market liquidity of USDD and user participation, creating more profit opportunities for coin holders.

decentralized stablecoin protocol Usual is partnering with blockchain security company Sherlock to launch a bug bounty program, offering a reward of $16 million to find critical vulnerabilities in the codebase. This bounty surpasses the ones previously set by Uniswap ($15.5 million), LayerZero Labs ($15 million), and Wormhole ($10 million).

according to ai_9684xtpa monitoring, a 50x leverage whale added margin to Hyperliquid and GMX, and opened a short BTC position. The margin on Hyperliquid accumulated to 2.3 million US dollars; the margin on GMX accumulated to 6.756 million US dollars. Shorting BTC at 25x leverage on Hyperliquid, the position increased to 347.82 coins, equivalent to about 28.87 million US dollars.

The market shows BTC falling below $86,000, now trading at $85,975.56, with a 24-hour decline of 3.51%. The market is fluctuating significantly, please manage your risks.

Binance announced that Codatta Pre-TGE will be launched on June 25, 2025 at 19:00.

 according to Nikkei News on Tuesday, Mitsubishi UFJ Financial Group, which operates Mitsui Sumitomo Bank, plans to collaborate with Ava Labs and Fireblocks to launch a stablecoin. The team behind Avalanche, Ava Labs, intends to use blockchain technology to establish the "foundation" of the stablecoin, while the crypto security company Fireblocks will provide token development management system. The banking giant plans to collaborate with local IT company TIS to conduct experiments on the project in the second half of 2025 and may issue the stablecoin next year.

 the futures of the three major U.S. stock indexes have all turned higher, after the Nasdaq 100 index futures fell nearly 1% earlier.

According to the fault tracking website Downdetector.com, thousands of users in the United States and the United Kingdom experienced issues with the social media platform X. According to Downdetector's data, there were over 21,000 reports of platform issues in the United States and over 10,800 in the United Kingdom. Downdetector's data is based on user-submitted reports. The actual number of affected users may vary. (Jinshi)

Andrei Grachev, a partner at DWF Labs, posted on the X platform stating that four projects contacted us yesterday. DWF Labs will allocate $16.5 million to repurchase tokens from the market. Once completed, the on-chain proof will follow.

 according to on-chain analyst Yu Jin's monitoring, the price of Maker's oracle has been updated on the hour, with the price at 7 o'clock set to be $1784.6, lower than the liquidation price of $1787.8 for the 64,800 ETH whale on the verge of liquidation. In other words, if he does not supplement collateral or repay before 7 o'clock, his position will be partially liquidated after the price update at 7 o'clock.

the market shows ETH breaking through $1900, now trading at $1900.59, with a 24-hour increase of 0.32%. The market is fluctuating significantly, so please manage your risks.

On March 8th, according to a statement released by the Greater Memphis Chamber in Tennessee on March 7th local time, Musk's artificial intelligence company xAI has purchased a property in the southwest part of Memphis covering 1 million square feet, as another expansion move after announcing the expansion of the supercomputer "Colossus" in the city last December. The statement mentioned that the new facility will complement xAI's existing business and support the company's expansion in Memphis. The Greater Memphis Chamber stated that the supercomputer "Colossus" is advancing towards xAI's announced "supercluster scale" last December.

 the Sui-chain DeFi project NAVI Protocol announced a partnership with OKX and launched the xBTC liquidity pool on the Sui network. Currently, the xBTC liquidity pool incentive measures have been launched on NAVI Protocol. More practical functions for xBTC on NAVI will be introduced later this week.

according to the official page, Binance Alpha has launched ZETA and SAFE.

 the Telegram self-hosted cryptocurrency wallet developed by the third-party company The Open Platform (TOP) has launched new features such as multi-asset trading and earnings for users. According to today's update, TOP states that users will be able to buy, sell, or hold cryptocurrencies without any on-chain deposits. Later this year, TOP plans to increase earnings for USDT holders and introduce a loyalty program that will benefit Toncoin holders. The Telegram wallet has also been redesigned with a new navigation bar at the bottom, making it easy to switch between the wallet, trading, and earnings sections.

David Marcus, former head of Meta's cryptocurrency business and co-founder and CEO of Lightspark, confirmed in a post on social media X that he was invited to participate in the first White House cryptocurrency summit.