CZ: Does not oppose hardware wallets, noting that different wallet products are suitable for different scenarios.
CZ posted on X that users should prioritize asset security (SAFU), adding that he does not oppose hardware wallets or self-custody. He pointed out that different wallets and products suit different use cases, with distinct security implications and best practices. YZi Labs has invested in hardware wallet projects including OneKey and SafePal, as well as mobile wallet products such as Trust Wallet.
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Trump: I have made enormous contributions to world peace, and it is unbelievable that I was not selected for the Nobel Peace Prize.
Trump posted on Truth Social, stating: "I ended 8 wars, and 2 more are set to end or be resolved. I freed all Israeli hostages, including the last 28 survivors and victims. I released hundreds of hostages from around the world and sent them back home. I won the Venezuela conflict, captured the dictator who tyrannically ruled the country, and prevented Iran—the world’s leading state sponsor of terrorism—from acquiring nuclear weapons—wait a minute! Yet despite all I and the U.S. have accomplished, I did not receive the Nobel Peace Prize. It’s truly unbelievable!"
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Viewpoint: Bitcoin’s current trend resembles that of late 2025 to early 2026, with the $80,000 level serving as a key support.
Crypto analyst Darkfost posted on X that Bitcoin’s current trend closely resembles the market pattern from the end of 2025 to early 2026. Prices are fluctuating continuously around the capital-weighted cost benchmark, with $80,500 emerging as a potential key near-term support level. Unlike the realized price, which only calculates purchase prices, the capital-weighted cost benchmark metric weights holding costs based on the size of invested funds, making it a key indicator of the market’s average profit and loss status. Darkfost added that the current zone is a critical juncture where investors are roughly at the break-even point, and market uncertainty may drive more investors to take action. While the $80,500 level is likely to act as support for now, its subsequent trend remains to be closely watched.
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South Korea's Financial Services Commission stated that its regulation on shareholding limits for major shareholders of virtual asset trading platforms is not targeting specific individuals or enterprises.
According to Yonhap News Agency, Lee Won-uk, chairman of South Korea’s Financial Services Commission (FSC), stated that the ongoing Digital Asset Basic Act’s provisions on shareholding limits for major shareholders of virtual asset exchanges are not targeted at specific individuals or firms, but are designed to address the higher public responsibilities exchanges must assume after operating on an institutionalized basis. Currently, South Korea’s virtual asset exchanges operate under a triennial renewal and reporting system, which will be switched to a licensing-based operation system once the Digital Asset Basic Act takes effect. Lee emphasized that virtual asset exchanges possess infrastructure attributes and need to demonstrate the level of public accountability commensurate with their status.
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1st Anniversary Review of the October 11 Crash: Crypto Market Risks Persist, Investors Need to Reasonably Control Leverage
It has been one year since the "Oct 11 Crash". Back then, Bitcoin hit an all-time high of roughly $126,000, then plummeted rapidly from around $122,000 to $105,000, sparking about $19 billion in epic liquidations across the crypto market. On the anniversary, institutional analysts are revisiting the crash’s impacts and lessons on the crypto sector. Mark Connors, head of Risk Dimensions, pointed out the market topped out extremely quickly, with open interest near all-time highs, as numerous traders bet on Bitcoin’s continuation of its four-year cycle rally—ultimately suffering losses when the market reversed. Connors noted the Oct 11 Crash was driven primarily by the derivatives market, not shifts in on-chain demand, underscoring that leveraged positions can still dominate Bitcoin’s price movement in the short term. He added that leveraged trading such as perpetual swaps remains widespread, leaving the market primed for a similar crash. Chris Sullivan, co-founder of Hyperion Decimus, advised traders to reduce leverage and track metrics including open interest, funding rates, and market sentiment to identify risks of excessive one-sided bets. Connors also stated that investors’ understanding of market structure has improved, but Bitcoin’s "four-year cycle" as a price predictor is losing validity, with macroeconomic and political factors likely playing a larger role. (CoinDesk)
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During the crypto market correction, whales increased their holdings by approximately 15,000 Bitcoin.
According to crypto analyst alicharts, during the ongoing Bitcoin correction, whale groups have adopted an accumulation strategy for major cryptocurrencies. Over the past 72 hours, whales have added approximately 15,000 Bitcoin, more than 166,000 ETH, and over 45 million XRP to their holdings.
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