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WeBank Technology Services has unveiled a new blockchain-based infrastructure to enhance Hong Kong’s Web3 ecosystem, announced at the Hong Kong Web3 Festival 2025.
Dubai is taking a bold step toward modernizing its real estate sector through blockchain technology, as two key regulators sign a strategic cooperation agreement to explore property tokenization.
Investor caution returned to digital asset markets last week as cryptocurrency exchange-traded products (ETPs) recorded $240 million in outflows, ending a two-week streak of inflows totalling $870 million.
Conor McGregor’s much-hyped REAL memecoin has failed to deliver on its ambitious presale target, raising only $390,000—61% below its $1 million minimum goal.
Glassnode data has confirmed that more than 80% of TRX and XRP holders are currently in unrealized profits despite the market crash.
The PI token shot up over 3% in the past 24 hours as 1.5 million tokens are scheduled to be unlocked per day starting April 11.
Quick Take Despite the slowdown, decentralized exchanges still claim a growing share of spot trading, with newer platforms and Layer 2s helping offset Ethereum’s volume decline. The following is an excerpt from The Block’s Data and Insights newsletter.
Larry Fink, CEO of BlackRock, warns of US economy weakening He sees zero chance of four or five interest rate cuts this year Fink doesn’t rule out another 20% market decline
- 23:32Analysis: Bitcoin Miners' Selling Pressure Drops to Lowest Level Since 2024According to a report by Jinse Finance, the cryptocurrency analysis platform Alphractal revealed in an article on X on May 10 that the activity of Bitcoin miners in the market is declining. They tend to accumulate mining rewards rather than sell them for profit. Lower values mean miners are holding onto their coins, which is a positive signal for prices. With price fluctuations in the coming weeks, whether up or down, we may see renewed selling interest.
- 23:32Federal funds rate futures further reduce Fed rate cut expectations, US 10-year Treasury futures fall by 9 pointsAccording to a report by Jinse Finance, federal funds rate futures have further reduced expectations for a Federal Reserve rate cut, and U.S. 10-year Treasury futures fell by 9 points. (Jin10)
- 23:31Stablecoin Market Cap Shrinks by $36.95 Million Over the Past WeekAccording to a report by Jinse Finance, data from defillama.com shows that the total market capitalization of stablecoins is currently $242.97 billion, with the stablecoin market shrinking by $36.95 million last week. USDT maintains its leading position with a valuation of $149.87 billion, experiencing a 7-day increase of only 0.36%. Currently, USDT accounts for 61% of the total stablecoin market capitalization. In contrast, USDC fell by 1.21% during the same period, with a market capitalization of $60.808 billion. DAI rose by 6.39% last week, reaching a market capitalization of $4.372 billion.