DXY Goldman Sachs, the world's second-largest investment bank, has acknowledged for the first time in its 2024 annual shareholder letter the increasing significance of cryptocurrencies within financial markets. Goldman Sachs stated that the growth of electronic trading, alongside the introduction of new products and technologies including trading and distributed ledger technology (such as cryptocurrencies), has intensified market competition. As of December 31 last year, Goldman Sachs held $1.27 billion in BlackRock's IBIT and $288 million in Fidelity's FBTC.
BNBUSDT Binance invited projects to apply for Binance Wallet Exclusive TGE. Once launched, the token will be featured in Binance Alpha, a platform showcasing early-stage crypto projects with growth potential and serving as a pre-listing selection pool for Binance Exchange.
BTCUSDT Arthur, founder of DeFiance Capital, says the crypto market is nearing the end of the "Fat Protocol Thesis," which inflated infrastructure project valuations and harmed investability beyond Bitcoin. He argues successful applications are valued realistically, whereas infrastructure projects with stagnant growth remain overvalued, marking the burst of crypto infrastructure's speculative bubble.
DOGEUSDTDOGEUSDT.PDOGEUSD has retraced to the key support level at 0.158, marking the beginning of a key buy zone between 0.158 and 0.089. This range offers a favorable risk-reward setup for buyers looking to maintain the bullish structure, with upside targets at 0.484 (previous high) and 0.859 (100% Fibonacci extension). The weekly EMA Ribbon remains bullish, reinforcing the potential for continuation, while the Signal Builder has previously triggered buy signals, adding confluence for a bounce. Holding this support zone could position DOGE for another strong rally. tradingview.com/x/QYE1lmzN/
SPX The total loss of the Trump family project WLFI's current portfolio has reached $110 million. The 9 cryptocurrencies purchased with its $336 million funds are now worth about $226 million. ETH accounts for 65% and is also the asset with the largest loss. The average purchase cost of ETH is 3,240, while the current price is only 2,000.