Core Viewpoint - MYX Finance price has dropped significantly below the $5.00 level, indicating increased downside risk and a bearish market structure [1][6]. Price Movement and Market Sentiment - MYX price has decreased by 23% in the last 24 hours, currently trading at $4.87, and is breaking down from a bearish ascending wedge pattern [6][7]. - The market sentiment has shifted towards bearish, with increased short positioning among MYX traders, as evidenced by negative funding rates in the futures market [2][3]. Technical Indicators - The Money Flow Index (MFI) shows heavy selling pressure, trending lower and indicating sustained capital outflows, confirming bearish momentum in short-term trading [4]. - Although the MFI is nearing the oversold threshold, it has not yet dropped below 20.0, which typically signals potential accumulation at discounted prices [5]. Potential Price Targets - The wedge structure suggests a potential decline of 43% towards $2.81, with a more immediate target near the $4.07 support zone [7]. - A confirmed break below $4.61 would increase the likelihood of testing the $4.07 level, with further downside risk if broader crypto sentiment worsens [8]. Investor Behavior and Future Outlook - A shift in investor behavior could change the current outlook if MYX becomes oversold, leading to potential stabilization if inflows exceed outflows [9]. - A decisive move above the $5.75 resistance level could invalidate the bearish thesis and drive the price towards $6.00 in the near term [9].

Core Viewpoint - Hong Kong, a significant financial hub, is facing competitive pressure from the UAE, which has established a robust regulatory framework for cryptocurrency and blockchain technology [1][2]. Group 1: Regulatory Environment - The UAE has created a solid regulatory framework for virtual assets, with dedicated regulatory authorities in regions like Dubai and Abu Dhabi [3]. - Hong Kong's regulatory approach is characterized by transparency, certainty, and predictability, which has remained consistent even during market fluctuations [5]. - Under Hong Kong's mandatory licensing regime for virtual asset trading platforms (VATPs), 11 licenses have been granted since the framework's implementation two and a half years ago [5]. Group 2: Future Developments - The stablecoin regulatory regime initiated in August is expected to issue its first batch of licenses in the first quarter of this year [6]. - A licensing regime for digital asset dealers and custodians is anticipated to be proposed by Hong Kong's financial secretary later this year, following necessary consultations and legislative readings [6][7]. - The regulatory process, while lengthy, is deemed important for ensuring industry participants are informed and can voice their concerns, minimizing surprises [7].

RT THE HUNTER (@TrueGemHunter)Something is wrong with Binance ⚠️Binance inflow and outflow data just disappeared.For the number one exchange in the world that is a big red flag.In crypto, transparency is everything.So why is it gone? Are they hiding something? https://t.co/yahS2moRVP ...

Core Viewpoint - The U.S. House Financial Services Committee is scrutinizing the SEC's enforcement actions regarding Justin Sun and his connections to Donald Trump, raising concerns about potential political influence on regulatory decisions [1][2]. Group 1: SEC's Enforcement Actions - The SEC has largely abandoned previous crypto enforcement cases since the leadership change under Trump, including the investigation into Justin Sun for allegedly inflating the price of TRX [2][5]. - Justin Sun was accused by the SEC in 2023 of artificially inflating TRX's trading volume through a "wash trading" scheme, involving over 600,000 wash trades [3]. - The SEC paused the case against Sun in court a year ago while considering a potential resolution, which has not yet been announced [3]. Group 2: Political Connections and Implications - Representative Maxine Waters highlighted Sun's connections to Trump's business interests, suggesting that these ties may have influenced the SEC's enforcement decisions [4]. - The SEC's new leadership has criticized the previous "regulation-by-enforcement" approach, leading to the dropping of high-profile cases against major crypto companies [5]. - SEC Chairman Paul Atkins stated that the agency's focus will be on real fraud, but did not clarify if this extends to fraud in the crypto market [5][6].

Core Insights - Bitcoin's price has fallen below $70,000 for the first time since November 2024, marking a nearly 10% decline this week and a year-to-date decrease of approximately 21% [1][1] - Ether's closing price has also dropped nearly 10% this week, falling below $2,000, with a year-to-date decline of around 32% [1][1] - XRP, once a major cryptocurrency, has seen its market position diminished as new coins have entered the market [1] Bitcoin - Bitcoin is recognized as the first cryptocurrency and has evolved into a mainstream financial asset since its inception in early 2009 [1] - The current price is approximately 45% below its record close from October 2025 [1] Ether - Ether operates on the Ethereum blockchain and has the second largest market share among cryptocurrencies [1] - The price of Ether is currently about 58% below its record close from August 2025 [1] XRP - XRP was launched in 2012 and was once among the larger cryptocurrencies but has since lost ground to newer entrants [1] Comparative Analysis - An index has been created to compare Bitcoin, Ether, and XRP, utilizing a logarithmic scale to illustrate relative percentage changes and long-term growth rather than absolute price fluctuations [1] - As of the latest data, Bitcoin leads in price changes since November 9, 2017 [1] ETF Developments - On January 10, 2024, the SEC approved several spot Bitcoin ETFs from various issuers, including Grayscale Bitcoin Trust ETF and iShares Bitcoin Trust [1] - Spot Ether ETFs launched on July 23, 2024, from issuers such as Grayscale Ethereum Trust and Franklin Ethereum ETF [1]

Core Insights - The banking industry is facing a significant challenge as younger consumers, particularly Gen Z and millennials, show a strong preference for crypto over traditional financial institutions [2][3][6] - A study indicates that Gen Z and millennials are nearly five times more trusting of crypto compared to baby boomers, with 20% of Gen Z investors exclusively holding crypto assets [3][6] - The shift in trust is attributed to a generational expectation for transparency and real-time information, contrasting with the traditional banking model that is perceived as outdated [5][7] Generational Perspectives - Gen Z and millennials have developed a distrust towards traditional financial institutions, with only 26% of them expressing high trust compared to 74% of baby boomers [3][6] - The younger generation views the digital economy as their own stock market, indicating a fundamental shift in how financial assets are perceived and valued [5][6] - Institutional failures have led to a behavioral shift where younger investors are more inclined to explore crypto as an alternative to traditional investment channels [6][9] Implications for Banks - The findings serve as a wake-up call for banks, emphasizing that trust must be actively demonstrated rather than simply declared [7] - The current crisis in the banking sector is exacerbated by their inability to connect with younger consumers who prioritize transparency and competitive returns [2][6] - As the financial landscape evolves, banks must adapt to the changing expectations of a generation that has grown up with technology and open-source principles [5][6]

Uniswap’s governance token jumped on Wednesday after the decentralized exchange’s creator announced an integration with BUIDL, BlackRock’s tokenized money market fund. The world’s largest asset manager is enabling the $2.1 billion product to trade via UniswapX, Uniswap Labs said in a press release. The protocol functions as a marketplace where professional traders bid to provide users with the best possible price. Uniswap changed hands around $3.84 on Wednesday, a more than 13% increase over the past day, ...

Core Viewpoint - BlockFills has suspended withdrawals and restricted trading on its platform due to recent market volatility, reflecting concerns over client protection and financial stability [1][2]. Group 1: Company Actions - BlockFills, based in Chicago and backed by Susquehanna Investment Group, reported a trading volume of $60 billion last year [1]. - The company has temporarily suspended client deposits and withdrawals to protect clients and itself amid challenging market conditions [2]. - Clients can still trade to open and close positions in spot and derivatives trading under certain circumstances [2]. Group 2: Market Context - The suspension of services comes as the cryptocurrency market experiences a significant downturn, with Bitcoin (BTC) dropping to a low of $60,000 before recovering to $67,000, which is approximately 50% lower than its peak last October [3]. - This situation is reminiscent of the 2022 crypto winter, where many platforms had to halt withdrawals as the bear market intensified, leading to several collapses [3].

Group 1: Robinhood's Blockchain Initiative - Robinhood launched a public testnet for its Ethereum layer-2 blockchain named Robinhood Chain, aiming to enhance on-chain trading activities [1] - The new network, built on Arbitrum, will support tokenized real-world assets such as equities and ETFs, allowing developers to build publicly after six months of private testing [1] - Users will benefit from 24/7 trading and self-custody of assets in Robinhood's crypto wallet, with capabilities to bridge across different chains and access DeFi applications on Ethereum [1] - The launch aligns with Ethereum's roadmap, which is focusing on base layer improvements that reduce transaction costs and congestion, potentially diminishing the necessity for layer-2 solutions [1] - Robinhood's strategy indicates a broader vision beyond merely scaling Ethereum, as stated by the company's senior vice president [1] Group 2: Citadel Securities and LayerZero Blockchain - LayerZero Labs introduced Zero, a blockchain designed for institutional-grade financial markets, with strategic investments from Citadel Securities and ARK Invest [2] - The investments signal a significant move by traditional market infrastructure firms into blockchain-based trading, clearing, and settlement [2] - Citadel Securities is collaborating with LayerZero to explore how Zero's architecture can enhance high-throughput workflows in trading and post-trade processes [2] - LayerZero's unique architecture utilizes zero-knowledge proofs to separate transaction execution from verification, claiming scalability of approximately 2 million transactions per second [2] - Transaction costs on the Zero network are projected to be around a millionth of a dollar, with effectively unlimited blockspace [2]

RT THE HUNTER (@TrueGemHunter)Something is wrong with Binance ⚠️Binance inflow and outflow data just disappeared.For the number one exchange in the world that is a big red flag.In crypto, transparency is everything.So why is it gone? Are they hiding something? https://t.co/yahS2moRVP ...