Bitcoin (BTC) rebounded 10% last week, but continued its downward trend at the beginning of this week. It has closed negative for three consecutive days on the daily chart and has now fallen to around $58,000. The altcoin sector has also followed the downward trend. In this case, there is no altcoin sector with a sustained rise. Funds prefer short-term speculation and operations are cautious. $BTC
MEME sector: Against the backdrop of a downward adjustment in the overall market, the MEME sector has increased by 0% in the past 24 hours. Benefiting from the launch of $TURBO , $1MBABYDOGE , and $NEIRO ro on major exchanges yesterday, as well as the recent launch of Catizen (CATI), Hamster Kombat (HMSTR) and other chain games MEME on major exchanges including Gate.io, the activity of this sector is much higher than other copycat sectors. The weekly increases of Turbo, BabyDoge, Neiro and other sector leaders reached 21.8%, 81.3%, and 977.8% respectively. #meme板块关注热点 #币安上线NEIRO #新币挖矿HMSTR #新币挖矿CATI #链游
Social sector: The current market value of the social sector is $2.3B. Although it fell slightly by 0.3% in the past 24 hours, it still rose by 3.4% in the past week. Recently, the Web3 social infrastructure UXLINK token has been supported by many exchanges and has gained a certain amount of popularity, but overall, the sector is still in a sluggish development trend in the long run. How to explore the effective integration of social and blockchain will be a long-term issue. The leading tokens in this sector performed relatively strongly, with GAL, UXLINK, and HIVE rising by 4.3%, 21.0%, and 0.2%, respectively. #socialfi #uxlink $GALA $HIVE
Privacy sector: The Privacy sector has also been relatively resilient in the past 24 hours, with DASH, ZANO, and OXEN increasing by 1.0%, 1.1%, and 3.3% respectively. The Privacy sector was also relatively resilient last week, but due to the current situation of encryption to cater to regulation, the sector has been sluggish for a long time, and the current trend is more likely to be due to an oversold rebound. $DASH #Privacy $TON
[News] World Liberty Financial Operations Director: WLFI tokens have no pre-sale and will be regulated by the US SEC Golden Finance reported that Zak Folkman, operations director of the Trump family's crypto project World Liberty Financial, said that the project's token WLFI has no pre-sale, no venture capital and early purchases, just like any other DeFi project that can be expected to see. The token distribution launched now is very fair, and most of the supply (62.66%) will be distributed in the upcoming token sale, and part of the net proceeds of this sale will enter the project's multi-signature wallet vault reserve. According to the white paper excerpt, about 17.33% of the WLFI token supply will be used specifically to incentivize expanded participation in World Liberty Financial governance and other community development programs, and the remaining 20% of the token supply will be allocated to the project team, consultants and future employees, of which the undisclosed portion of WLFI will be allocated to the WLF Foundation, affiliates of the Trump Group, and the Witkoff Group. The project team also revealed that the sale of WLFI will be regulated by the U.S. Securities and Exchange Commission (SEC), and all WLFI buyers will be screened under the same Know Your Customer (KYC) standards as U.S. cryptocurrency exchanges such as Coinbase and Kraken. It is reported that the U.S. Securities and Exchange Commission defines qualified investors as individuals with financial experience who have an income of $200,000 in one of the past two years, or have a joint income of $300,000 with their spouse or spouse's equivalent in the past two years, with or without a spouse, a net worth of $1 million or more, or a broker or financial professional.
Bank for International Settlements: More than 40 financial companies will explore the application of tokenization in wholesale cross-border payments through Project Agorá