Scan to download
BTC $68,596.50 -1.17%
ETH $1,961.11 -4.61%
BNB $613.48 -2.64%
XRP $1.47 -3.32%
SOL $85.54 -2.53%
TRX $0.2799 -0.61%
DOGE $0.1019 -9.19%
ADA $0.2804 -5.05%
BCH $556.64 -1.09%
LINK $8.73 -3.25%
HYPE $30.21 -3.48%
AAVE $125.64 -1.62%
SUI $0.9688 -5.37%
XLM $0.1699 -2.72%
ZEC $293.06 -10.45%
BTC $68,596.50 -1.17%
ETH $1,961.11 -4.61%
BNB $613.48 -2.64%
XRP $1.47 -3.32%
SOL $85.54 -2.53%
TRX $0.2799 -0.61%
DOGE $0.1019 -9.19%
ADA $0.2804 -5.05%
BCH $556.64 -1.09%
LINK $8.73 -3.25%
HYPE $30.21 -3.48%
AAVE $125.64 -1.62%
SUI $0.9688 -5.37%
XLM $0.1699 -2.72%
ZEC $293.06 -10.45%

soc

Data: Most sectors in the cryptocurrency market have retraced, with only DePIN, AI, and SocialFi sectors remaining relatively strong

According to SoSoValue data, most sectors in the crypto market have retraced, with only the DePIN, AI, and SocialFi sectors remaining relatively strong, rising 0.01%, 0.06%, and 2.14% respectively over the past 24 hours. Within the DePIN sector, Arweave (AR) increased by 2.40%; in the AI sector, Virtuals Protocol (VIRTUAL) rose by 1.33%, and Worldcoin (WLD) increased by 2.03%; in the SocialFi sector, Toncoin (TON) went up by 2.80%.In addition, Bitcoin (BTC) fell by 3.10%, briefly dropping below $73,000, but has now rebounded to above $76,000; Ethereum (ETH) decreased by 3.72%, touching $2,100 at one point, and is now approaching $2,300.In other sectors, the Layer1 sector dropped by 2.12% over the past 24 hours, with Solana (SOL) falling by 5.00%, while Cosmos Hub (ATOM) rose by 5.49%; the Meme sector declined by 0.38%, with Binance Life significantly increasing by 13.58%; the PayFi sector decreased by 0.96%, but Trust Wallet (TWT) rose by 4.20%; the Layer2 sector fell by 1.56%, with Polygon (POL) down by 3.74%; the CeFi sector dropped by 1.70%, with OKB down by 2.11%; the DeFi sector decreased by 1.93%, while Morpho Token (MORPHO) rose against the trend by 5.01%.The crypto sector indices reflecting historical market performance show that the ssiSocialFi, ssiDePIN, and ssiAI indices increased by 2.56%, 0.68%, and 0.42% respectively.

The American Bankers Association responds to the White House cryptocurrency conference: Relevant legislation must support local credit

The American Bankers Association (ABA) issued a statement regarding the cryptocurrency industry meeting held at the White House that day. The meeting aimed to advance the legislative process related to cryptocurrency market infrastructure and invited representatives from cryptocurrency companies and traditional banking to participate together.In the statement, the ABA thanked the Trump administration for facilitating this "constructive dialogue" and noted that the meeting acknowledged the traditional banking industry's concerns regarding digital asset legislation. However, the ABA also emphasized that any related legislation must support local credit supply aimed at households and small businesses to maintain the safety and soundness of the financial system.Additionally, the ABA called on congressional senators to close regulatory loopholes that might allow cryptocurrency companies to pay consumers interest or returns on stablecoins, viewing this issue as one of the core differences between traditional banking and the cryptocurrency industry. The banking sector is concerned that such arrangements could exacerbate deposit outflows or force banks to raise deposit rates to compete. Reports indicate that the White House is expected to continue pushing for follow-up consultations to seek a compromise between supporting digital asset innovation and maintaining the traditional financial system.
app_icon
ChainCatcher Building the Web3 world with innovations.