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Trump's victory led BTC to reach new highs for two consecutive days, with a peak at $76,243.
If the emergence of x402 has demonstrated the substantial demand for AI agent payments, then ERC-8004 represents another fundamental and underlying core element necessary for building this vast machine economy.
In Brief Cathie Wood revises Bitcoin's 2030 target due to rapid stablecoin adoption. Stablecoins serve as digital dollars, impacting Bitcoin's expected role. Trump's crypto-friendly policies encourage Bitcoin's market prominence.
In Brief ASI faces internal conflict amid legal battles impacting future prospects. Surprisingly, lawsuit news boosted FET buying interest and trading volume increased. Potential for renewed interest in AI-themed tokens as investors watch developments.
In Brief A new altcoin season might be approaching, signaling significant market shifts. US monetary policy actions could influence the rise of altcoins. Increased trading volumes in Asia highlight global interest in altcoins.
- 02:03Data: Hyperliquid platform whales currently hold $5.263 billions in positions, with a long-short ratio of 0.84.ChainCatcher news, according to Coinglass data, the current whale positions on the Hyperliquid platform amount to $5.263 billions, with long positions at $2.402 billions, accounting for 45.63% of the total, and short positions at $2.862 billions, accounting for 54.37%. The profit and loss for long positions is -$73.6123 millions, while the profit and loss for short positions is $165 millions. Among them, the whale address 0x5b5d..60 is currently holding a 10x full-position short on ETH at the price of $3,527.7, with an unrealized profit and loss of $6.6114 millions.
- 01:52ABI senior official: Italian banks support the digital euro project but hope for phased investmentForesight News: According to Reuters, Marco Elio Rottigni, General Manager of the Italian Banking Association (ABI), stated at a press conference held in Florence that Italian banks support the European Central Bank's digital euro project because it embodies the concept of "digital sovereignty." However, they hope that the investments required for the implementation of this project can be carried out in phases, as the costs are very high. At the end of last month, the ECB's Governing Council decided to advance to the next phase of the digital euro project, stating that if timely approval is obtained from legislators, a pilot project for its digital currency could be launched in 2027, with an official rollout in 2029. However, according to the Financial Times, the plan has faced opposition from the German Banking Industry Committee (the largest banking lobby group in Germany) and conservative European Parliament member Fernando Navarrete. In a report released last week, Fernando Navarrete stated that the digital euro should not be used for payments between financial intermediaries, payment service providers, and other market participants (i.e., wholesale payments), as central bank money settlement systems already exist and the euro system is further exploring the use of different technologies to handle these payments.
- 01:35BTC OG whale holds 40,000 ETH long positions, currently facing over $2 million in unrealized losses, with a liquidation price of $2,533.69.ChainCatcher News, the address holding 40,000 ETH (approximately $135 million) has an unrealized loss of $2.05 million, with an entry price of $3,445.58 and a liquidation price of $2,533.69. Address: 0xb317D2BC2D3d2Df5Fa441B5bAE0AB9d8b07283ae. Previously, a high-profile BTC OG whale who switched to ETH transferred a large amount of funds from address (0x2eA) to an intermediary address (0x4f9) on October 10, and the latter injected funds multiple times into the trading address (0xb31). Shortly before the black swan event, the two related addresses (0x2eA) precisely opened a short position on ETH, and (0xb31) opened a short position on BTC, both subsequently making profits.