❓ What happened in #Crypto in the past 24 hours?
1. Market Trends
▪️ $BTC followed the sharp decline of the US stock market, dropping below 106,000, currently around 105,000.
▪️ $ETH fell below 2400 this morning and is still hovering around 2400.
▪️ $SOL has been sliding smoothly, with slow rises and sharp drops. Currently priced around 145.
▪️ Altcoins followed the market, experiencing widespread declines.
2. On-chain News
▪️ Total TVL across all chains is 110.504B, down nearly 3B from yesterday.
▪️ The on-chain market is also tough, and people are not engaging much in pump and dump anymore. Bonk and Believe are getting more attention, but they are still just speculating on the leaders, with no other targets. #USELESS has increased over 20% in the last 24 hours, currently valued at 241.8M; #STARTUP has increased over 40% in the last 24 hours, currently valued at 38.9M.
3. Hot News
▪️ @cookiedotfun Snaps has launched on @vooi_io, with 1.25% allocated to platform users.
▪️ DeFi Development will raise 100 million dollars through convertible bonds to increase holdings in Solana and buy back shares.
▪️ The US Senate passed the "Too Big to Fail" bill, which has now been submitted to the House for review.
▪️ The crypto tax incentive provisions were not included in Trump's "Beautiful America Act."
▪️ The US SEC approved Grayscale's digital large-cap fund to convert to an ETF.
▪️ The US House of Representatives is scheduled to debate and vote on Trump's tax cuts and spending bill on Wednesday local time.
▪️ The USDT-backed stablecoin public chain Stablechain has officially launched.
▪️ Federal Reserve Chairman Powell: Tariffs create uncertainty, leading to delayed interest rate cuts.
▪️ The Hong Kong SAR government has appointed and reappointed twenty unofficial members of the third-generation internet development task force.
▪️ @circle launched developer services Circle Gateway, planning to go live this month on @base, Ethereum, and other testnets.
▪️ @BitgetWallet has partnered with @Mastercard to launch a crypto payment card in the UK and EU regions.
#Crypto $BTC $ETH $SOL #USELESS #STARTUP
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