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Stay up to date on the latest crypto trends with our expert, in-depth coverage.
HYPE and ICP stand out as this week’s top perfomers.
Quick Take The seven-day moving average number of transactions on the Bitcoin network hit a 19-month low recently, according to The Block’s data. A number of Bitcoin Core developers released a statement Friday saying that nodes should not refuse to relay low‑fee or non‑standard transactions if miners are willing to include them. Mononaut, founder of open-source explorer Mempool, noted that a transaction with a near-zero fee was recently mined into a block, signaling low demand from miners.
While TRUMP shows a brief 7% rise, ongoing outflows and the Musk-Trump feud hinder substantial recovery, with resistance at $10.97 capping potential gains.
Despite a recent 11% rise, Virtuals Protocol struggles with investor interest and resistance at $1.93. A breakthrough could target $2.00, but the trend remains uncertain.
SUI’s recent 12% surge could spark significant liquidations if it breaks $3.33, but negative momentum and resistance pose challenges to further gains. Watch for key price levels to determine direction.
- 10:44Indian Government to Integrate Blockchain Technology into Land Records, Supply Chains, and Digital CommerceAccording to a report by Jinse Finance, citing market news from @CryptooIndia, the Indian government will integrate blockchain technology into land records, supply chains, and the digital commerce sector to ensure the immutability of governance. This information has been confirmed by the Ministry of Electronics and Information Technology (MeitY) of India.
- 10:32Bitget Launches RWA Index Perpetual Contracts, Debuts TSLA, NVDA, and CRCLAccording to ChainCatcher, Bitget has officially launched the industry's first RWA Index Perpetual Contracts. The initial assets available are TSLA/USDT (RWA), NVDA/USDT (RWA), and CRCL/USDT (RWA). The underlying assets of the RWA contracts are composed of tokenized RWA indices of stocks already circulating in the market. Each index includes multiple RWA tokens to track the prices of different third-party issuers. The pricing mechanism is modeled after crypto perpetual contracts, dynamically adjusting index sources based on factors such as market activity, trading volume, and liquidity, with regular disclosure of index weights to ensure pricing flexibility and fairness. In terms of trading rules, RWA Index Perpetual Contracts adopt a 5×24 hour trading schedule. Prices are frozen during weekends and stock market closures to avoid liquidations. Order cancellations are supported, but new order submissions are suspended, and funding fee settlements resume when trading reopens. The product continues the existing trading and liquidation mechanisms of crypto perpetual contracts. The initial leverage cap is set at 10x, only isolated margin mode is supported, and a platform-wide position limit is implemented to control risk. At launch, the product's pricing will be based on stock tokens from the xStocks platform, with plans to include more reputable issuers soon and to expand the range of RWA perpetual contract products within this quarter.
- 10:18On-chain Stock Trading Platform StableStock Completes Seed Round with Participation from YZi Labs and OthersAccording to ChainCatcher, the on-chain stock trading platform StableStock has announced the completion of its seed funding round, with participation from YZi Labs, MPCi, and Vertex Ventures. StableStock is a trading-oriented decentralized finance (TraDeFi) platform built around an on-chain stock ecosystem. StableStock is now open for public beta testing.