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According to CoinDesk, the on-chain financial platform Theo announced the launch of a yield-bearing tokenized silver product thSLVR, supported by over $40 million in active leases, expanding its commodity financing business from gold to silver. This token allows holders to maintain exposure to silver prices while passing on the lease income paid by institutional borrowers to the holders.Theo stated that the silver supporting thSLVR will be leased to mature institutional counterparties under standard market terms, with credit exposure guaranteed by the parent company. The product is launched in a beta version, initially targeting institutions and whitelist investors, with plans to expand access later. Silver has experienced significant volatility this year, reaching a historical high of $121.79 per ounce in January, followed by a 41% drop over three days, and falling to a low of $54.74 in July, recently hovering around the mid-$60 range.Theo was founded by former traders from Optiver and IMC and has previously offered yield-bearing tokenized gold and U.S. Treasury products. The silver leasing will also expand the underlying assets of its yield-bearing stablecoin thUSD. According to RWA.xyz data, the market size for tokenized commodities is approximately $4.9 billion, covering 130 products. The London 1-month silver lease rate briefly rose to about 39% in October 2025, while the historical norm is below 1%; the market expects a supply gap in silver for the sixth consecutive year in 2026, with a gap of approximately 46.3 million ounces.

According to the official announcement, Bitget has launched the CVX (Chevron) stock perpetual contract. This contract is settled in USDT and supports up to 20 times leverage and 24/7 trading.As of now, Bitget supports a total of 310 stock perpetual contract underlying assets.

Chevron's CEO stated that the early buffer in the oil market has disappeared, and the price risks brought by the Iran war are now higher.

According to monitoring by Catcher Predict, in the predicted market Polymarket for the event "US Open ATP: Luciano Darderi vs Dalibor Svrcina," the option "Luciano Darderi" in the sub-market "US Open ATP: Luciano Darderi vs Dalibor Svrcina" has experienced a dramatic fluctuation in winning probability, plummeting from 73.5% an hour ago to the current 50.5% (a fluctuation of 23%). Please note the impact of related breaking news.

According to crypto analyst alicharts, based on Ethereum's nearly 6-year historical trend, ETH tends to gain support after regaining the MVRV 0.8 price level, pushing towards the realized price (approximately $2300). Additionally, this signal is consistent with the previous four MVRV momentum golden crosses, which brought increases of 50% - 166%.alicharts believes that $3000 should be regarded as a key resistance area, due to over 10 million ETH historical transaction records.

CryptoQuant analyst Axel Adler Jr. posted on the X platform that the Bitcoin MVRV Z-Score has dropped to about 0.42, which is approximately four times lower than the historical average of 1.7, indicating that Bitcoin is currently in an undervalued range. However, this indicator has not yet fallen into negative territory, which means that the market has not yet experienced the "capitulation" typically associated with cycle bottoms.Meanwhile, the Bitcoin 7-day realized profit and loss (Realized P/L) has turned positive from negative, currently at about $239 million, showing that on-chain selling pressure has eased. Analysts believe that the market is currently in a phase of undervaluation and short-term stabilization, but there are no signs of capitulation needed to confirm a cycle bottom, nor is there a clear new round of demand-driven momentum.

CryptoQuant analyst Darkfost stated that Bitcoin's current MVRV percentile is around the 5th percentile—meaning that historically, 95% of the time, this metric has been higher than it is now. This indicates that the Bitcoin price is currently in a very low range relative to its historical levels. MVRV is an indicator that measures the relationship between Bitcoin's market capitalization and its "realized value" (the price at which each BTC last moved).The method used by Darkfost does not simply look at raw values but ranks the current MVRV within historical data to assess the current price's relative position in history. Previously, in February, when BTC fell below $60,000, this metric dropped below 10%, and it has entered a similar range again since June. Historical data shows that these periods often correspond to long-term bottom ranges.

Binance will stop supporting deposits and withdrawals for the Moonriver (MOVR) and Moonbeam (GLMR) mainnets on July 21, 2026, at 19:00, and will enable deposits and withdrawals for the above tokens through the Base network. Users are advised to ensure they allow sufficient time before this deadline to ensure successful deposits.

According to The Block, Sovright (the nonprofit successor organization related to Electric Coin Company for Zcash development) has officially released a wallet recovery tool named "Argos," aimed at helping early Zcash users recover funds that have been "stuck" due to the discontinuation of the old version of ZEC Wallet Lite in 2022.Sovright's Executive Board Chair Michelle Lai stated that Argos can recover affected assets as long as users still hold the old wallet mnemonic phrases, but since it only involves specific shielded addresses, the scale of the impact cannot be precisely estimated. However, it is estimated that the "amount is considerable," primarily concentrated among early long-term holders.She referred to the issue as a "technical pitfall" that the community has long failed to address, which, although not prominent, continues to erode user trust. Sovright currently consists of only three core members, all from the former Bootstrap system. The team is also testing a privacy-focused Zcash mining pool to reduce hash power centralization and enhance network decentralization.The governance structure of the organization has undergone significant adjustments, with Electric Coin Company employees collectively leaving to establish a new entity, Zcash Open Development Lab (ZODL), which has received support from institutions such as Paradigm and a16z, focusing on the development of Zcash-related products.Sovright emphasizes that there is no antagonistic relationship with ZODL and states that it will continue to focus on solving "long-standing issues" in the Zcash ecosystem, including key pain points such as wallet usability and infrastructure stability.

CryptoQuant analyst Axel Adler Jr. released a report indicating that the MVRV ratio of long-term Bitcoin holders has compressed to 1.24, the lowest level in nearly three years. The cost basis for long-term holders has risen to $48,400, while the BTC price has fallen to $59,000, leaving an average profit of only 24% for long-term holders, with the gap to the cost basis narrowing to 19%.Meanwhile, the holdings of long-term holders have reached an all-time high, approaching 16.1 million BTC, and the selling indicators remain low, indicating that holders are not selling during price declines but are continuously absorbing supply. The analyst noted that when the MVRV approaches 1, historical cycles typically come close to a bottom, but currently, it has not yet entered the green surrender zone. Stronger bottoming signals will require the MVRV to enter the "extremely low area" and for prices to remain above the cost basis. The main downside risk is if the price falls below the $48,400 cost basis and selling activity surges simultaneously, which could trigger surrender behavior from the most steadfast holders.

According to Jinshi reports, Russian Foreign Minister Lavrov stated that the sanctions during the Biden administration have been extended, and new sanctions measures have been introduced. In addition, the United States is selling weapons to Europe for use in Ukraine.

According to an official tweet from Sovra, Sovra has completed a $2 million Pre-seed funding round, led by Pharsalus Capital. Sovra is a self-custodied fintech platform primarily targeting the Middle East and North Africa, providing users with USDC-based global digital dollar accounts. The platform enables users to hold, send, use, and earn digital dollar yields while maintaining control over their funds without relying on traditional banks or custodians.

CryptoQuant analyst Axel Adler Jr. stated that Bitcoin has been in a state of realized net loss for 22 consecutive days, meaning that trades where the selling price is lower than the buying price continue to dominate, and holders are closing positions at a loss. The MVRV Z-Score indicator has dropped to 0.32, far below the historical average of 1.71, indicating that valuations have significantly cooled, with premiums almost completely washed away, and the market is no longer expensive.If this indicator falls below zero, it will enter a deeply undervalued and capitulation zone; if it rises above the historical average, it will signal a valuation recovery. The lowest point of realized net loss occurred on June 6, reaching $1.2 billion, and has now narrowed to about $1.1 billion, roughly half of the extreme capitulation value of $2.2 billion in 2022. Analysts point out that market pressure is evident, but valuations have reset, and the valuation discount itself is a positive signal. The trigger for improvement is when realized net profit and loss return to zero and above, and MVRV Z remains positive; the main risk is that losses deepen again to the extreme levels of 2022 and MVRV Z falls below zero.

CryptoQuant analyst Crypto Dan pointed out that the Bitcoin MVRV is currently 1.1, which is close to the historically significant undervaluation range marking major market bottoms.If the price further dips to the low of $50,000, the MVRV may reach the fully undervalued level of 1. Historical data shows that this level appeared at the bottoms of bear markets in 2015, 2019, and 2022, and each time became the starting point for a strong medium to long-term rebound.

SuperEx will launch VRTUSDT, AMATUSDT, and DELLUSDT U-based perpetual contract trading pairs on May 29, 2026, at 03:00 (UTC); the above contract trading pairs support full margin, cross margin, and split margin modes. You can experience trading through the Web and APP.

According to the official announcement, Binance is expected to suspend the token deposit and withdrawal services for Moonriver (MOVR) network on March 30, 2026, at 20:00 (UTC+8) to support its network upgrade.This move aims to provide users with a high-quality experience. The project team will conduct the network upgrade at block height 15,692,116 (expected on March 30, 2026, at 21:00 UTC+8).

According to analyst @alicharts, the current Ethereum MVRV (Market Value to Realized Value ratio) has dropped to 0.78. Historically, when the MVRV ratio falls below 0.8, ETH is usually close to a long-term bottom. However, the current market is still in a significant distribution phase.@alicharts indicates that if the selling pressure continues, potential support levels are: $1800, $1584, $1238, and $1089.

Cryptocurrency researcher anıl posted on the X platform that, based on historical data, when the MVRV Z-Score drops below 0, especially below -0.20, Bitcoin is at its price low point. In this cycle, the lowest value Bitcoin reached was +0.26, which means the classic "green zone" has not yet been tested. In every previous major cycle, the Z-Score has entered negative territory. If this value enters negative territory again, it could signal the most attractive medium to long-term risk-reward ratio range for Bitcoin.

The cryptocurrency market analysis firm Santiment posted on social media that if a certain cryptocurrency's MVRV indicator is negative, most ordinary traders are losing on that token, indicating an entry opportunity, as profits are below the normal "zero-sum game" level. The more negative the yield, the lower the current buying risk for investors.The current MVRV indicators for mainstream tokens are as follows: ChainLink -9.5%, Cardano -7.9%, Ethereum -7.6%, XRP -5.7%, Bitcoin -3.7%, all of which are in the undervalued zone. Note: MVRV stands for Market Value to Realized Value Ratio, which is commonly translated into Chinese as: 市值 / 已实现价值比率. This indicator typically reflects whether the average investor holding the coin is making a profit or a loss, as well as whether the overall market valuation is high or low.