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The article believes that the crypto sector is experiencing the largest on-chain bull market in history. Bitcoin remains bullish in the long term, but its short-term risk-reward ratio is not high. There is a surge in demand for stablecoins, and regulatory policies will become a key catalyst. Summary generated by Mars AI. This summary is generated by the Mars AI model, and the accuracy and completeness of its content are still being iteratively updated.
Quick Take Summary is AI generated, newsroom reviewed. Ripple and BBVA extend their partnership, offering digital asset custody services in Spain. The service supports compliance with Europe’s MiCA regulation. BBVA responds to growing customer demand for secure crypto solutions.References Ripple Official X Post Ripple Press Release
- 22:47Grayscale submits multiple filings to the US SEC seeking approval for BCH, Hedera, and LTC ETFsJinse Finance reported that Grayscale has submitted multiple filings to the US SEC, applying to launch ETFs tracking Bitcoin Cash, Hedera, and Litecoin. The plan is to convert existing related closed-end trusts, following the same process as the 2024 Bitcoin and Ethereum trust-to-ETF conversions, with the intention to list on NYSE Arca or Nasdaq. Meanwhile, the SEC has postponed its decision on the Grayscale Spot Hedera ETF and the Bitwise Spot Dogecoin ETF.
- 21:45Trump: Trade negotiations with India are ongoingJinse Finance reported that U.S. President Trump stated: India and the United States are continuing negotiations to resolve trade barriers between the two countries. He looks forward to speaking with Indian Prime Minister Modi in the coming weeks and is confident that both countries can successfully reach an agreement.
- 21:00USDC Treasury newly mints 250 million USDCAccording to Jinse Finance, Whale Alert monitoring shows that at 03:41 (GMT+8) today, USDC Treasury minted an additional 250,000,000 USDC.