Top News

1. US SEC Drops Investigation of Uniswap Labs

2. Ethereum Foundation Executive Director Aya Miyagotchi Promoted to Chair

3. Ohio Bitcoin Reserve Bill Advances Through Committee Review

4. Solana SIMD-0228 Proposal Now Open, Aims to Shift SOL Issuance to Market-Driven Model

5. Arthur Hayes: If Trump Fails to Pass Budget Bill, Bitcoin Will Retrace to $70-75K Range

Articles & Threads

1. "Regulations Continue to Loosen, Are US Crypto Market Makers Making a Comeback?"

Traditional crypto market maker Wintermute enters the US market, planning to expand its OTC trading and derivatives business in the US while opening a New York office. The actions of these two market maker giants serve as a market indicator. Does this mean that market makers who previously left the US market due to SEC regulations are now returning strongly under a new regulatory framework?

2. "Vanishing Liquidity: Analyzing the Multiple Factors Behind the Crypto Market Dip"

This article analyzes the recent dip in the crypto market, citing complex reasons including the Bybit hack, Ethereum weakness, stock market volatility, and more. Particularly in a scenario of reduced liquidity, the cryptocurrency market loses some momentum. Despite the market pullback, this does not signify the arrival of a long-term bear market. Technical retracements are healthy, and the crypto market still needs liquidity to thrive.

Market Data

Daily market-wide funding heat (as reflected by funding rate) and token unlocks

Data Source: Coinglass, TokenUnlocks

Funding Rate

Token Unlocks

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