The crypto assets market has recently shown a complex situation. The price of Bitcoin remains relatively stable, hovering around $114,500, with investors closely following whether it can break through this key resistance level. Meanwhile, the price of Ether has been exceptionally fluctuating, rising and falling like a roller coaster, making it difficult for traders to grasp.



In terms of platform coins, OKB has performed remarkably well. Since the announcement of its token burn plan, the price has continued to rise, reaching an all-time high, with an astonishing increase of over 400% in just one week. This phenomenon has sparked widespread discussion in the market regarding the value of platform coins and the supply-demand relationship.

In terms of regulation, the UK crypto industry is calling for the establishment of a national strategy for stablecoins to avoid falling behind the United States in this area. Meanwhile, US regulators are also tightening control over crypto assets. Nasdaq plans to delist Windtree Therapeutics, which holds BNB tokens in its treasury, on the grounds that it does not meet listing requirements. This reflects a changing attitude of traditional financial markets towards holders of crypto assets.

Coinbase exchange has updated its token listing roadmap, adding tokens such as AWE, DOLO, FLOCK, LAYER, and SPX, indicating that the platform is expanding its trading varieties. Meanwhile, a U.S. court has unfrozen $57.6 million of USDC in the Libra case, but the judge believes that the plaintiffs have a low chance of ultimately winning the case, and this ruling may have implications for similar cases.

In terms of macroeconomics, the Federal Reserve's meeting minutes indicate that the unemployment rate is expected to exceed the natural level by the end of 2025 and persist until 2027. This forecast has raised concerns in the market about future economic trends.

At the same time, the U.S. Congress is actively advancing cryptocurrency legislation. Senator Cynthia Lummis stated that she plans to complete the drafting of the cryptocurrency bill by the end of the year and supports the relevant version in the House of Representatives. This indicates that the U.S. is accelerating the establishment of a regulatory framework for crypto assets.

Overall, the Crypto Assets market is in a period full of opportunities and challenges. Investors need to closely follow market trends, regulatory changes, and macroeconomic conditions to make informed investment decisions.
BTC-1.68%
ETH-4.11%
OKB-6.75%
BNB-2.4%
View Original
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 4
  • Repost
  • Share
Comment
0/400
BrokeBeansvip
· 17h ago
The boss is so dumbfounded by the losses, hahaha
View OriginalReply0
AirdropHarvestervip
· 17h ago
buy the dip just um buy, a bit anxious what
View OriginalReply0
GasSavingMastervip
· 17h ago
The bull run is so strong, when will you take me to get rich?
View OriginalReply0
CoffeeNFTradervip
· 17h ago
okb To da moon了属于是 稳啊 !
View OriginalReply0
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)