Tag: stETH

Analyst points out that the relationship between M2 and Bitcoin is misunderstood. With M2 not yet peaking, Bitcoin's downtrend may be far from over.

Dogecoin open interest breaks $1.2 billion, hitting a two-month high; analysts say a rise of over 40% is possible after holding the $0.07 support level.

Kelp discloses rsETH recovery progress, with 73,700 ETH recovered and a remaining shortfall of approximately 89,500 ETH.

KelpDAO discloses rsETH recovery progress, with an initial gap of 163,200 ETH and currently approximately 89,500 ETH remaining.

The x402 protocol embeds payments into HTTP requests, enabling an automated closed loop for AI agents to purchase APIs, data, and computing power on a per-use basis, but relies on supplementary protocols like ERC-8004 to address the lack of a trust layer.

Over 120 crypto organizations have jointly sent a letter to the Senate, urging the acceleration of the CLARITY Act to establish a federal market framework for digital assets, but deliberations may be postponed to mid-May due to disputes over stablecoin yield restrictions.

As of April 24, the total on-chain RWA market cap has surpassed $30 billion, setting a new all-time high. Over 100 US crypto companies have jointly urged the passage of the "Clarity Act" to establish a federal-level digital asset market framework.

After being blocked at $79,000, Bitcoin is consolidating around $78,000, with the focus on whether it can hold the key support level of $72,000-$75,000. Meanwhile, the upcoming dense release of tech giants' earnings next week may impact market sentiment.

USDC has become the preferred token for AI agent payments. In 2025, the x402 protocol achieved automatic settlement within two seconds. Circle data shows that 98% of machine payments use USDC, with an average transaction amount of only $0.31. In contrast, "AI tokens" like FET and TAO, due to high price volatility, are not actually used in the AI economy.

Spanish police in Almería seized a crypto cold wallet hidden inside a thermometer, containing approximately $467,000. The wallet is linked to an illegal manga platform that has accumulated profits of over 4 million euros, but whether the funds can be unlocked remains uncertain.

The KelpDAO cross-chain bridge was attacked with a loss of $292 million. Civil legal analysis suggests that KelpDAO and LayerZero Labs should bear 60% and 40% of the joint fault liability, respectively.

Analysts predict that Bitcoin will return above $100,000 during the economic expansion phase, with the current 52% pullback being a correction rather than a collapse, and the next major peak may occur in 2027.