The cryptocurrency market has been very dynamic recently, with a number of important events driving market trends. First, the WEEX platform launched the WE-Launch project "Happy Cat", which airdropped tokens to WXT holders, showing its emphasis on community users and likely to stimulate WXT trading activities. At the same time, an institution called "7 Siblings" purchased a total of 1.06 million EIGEN and 60 million WLD tokens in two days and transferred them to a multi-signature address, which is expected to be used for liquidity provision and further enhance market participation. On the other hand, a large investor converted $6.2 million of SPX assets into Ethereum, reflecting its confidence in the future development of Ethereum. In addition, Dogecoin whales purchased 140 million DOGE in the past 24 hours, showing their strong views on this meme coin. The EU banking regulator issued specific guidance on cryptocurrency assets, which may make the market more standardized within the policy framework and enhance investor confidence. Overall, the market has shown a diversified development trend, strengthened liquidity and investor participation, and the overall trend is bullish. The current cryptocurrency market is in an active state, with more arbitrage opportunities.