Odaily Planet Daily News: Meteora co-founder Ben Chow said on social media, "My account has been stolen and I have been trying to regain control. Please ignore any recent posts." This morning, his X account released an official statement on the MELANIA, LIBRA, and TRUMP incidents, which may not be operated by him.

Odaily Planet Daily News According to Lookonchain monitoring, as the price of ETH fell below $1,800, a whale holding 67,675 ETH (worth about $121.8 million) is facing liquidation risk. Although the investor has deposited 2,000 ETH (about $3.73 million) and repaid 1.54 million DAI to reduce the liquidation price to $1,836.43, the ETH price still fell below its liquidation threshold. At present, the investor's position on the Summer.fi platform has triggered liquidation conditions, becoming an important victim of the recent market decline.

Odaily Planet Daily News Yuga Labs Vice President of Blockchain Business 0xQuit wrote on X that seeing someone predict that the bottom of ETH is around $1,500 seems reasonable given the market we are experiencing, but you need to ask yourself an important question-are we at the beginning of a bear market, or the end? If this is the end of the bear market, that's great. BTC has hardly suffered much of a price blow, and its price is still stable at a level that was still an all-time high just a few months ago, which is very bullish for BTC. However, if this is the beginning of a bear market, then be prepared to see ETH prices well below $1,500. It is quite ridiculous to think that the long-term final bottom of an asset that has fallen 30% this week and more than 50% in the past 3 months is only 20% away from here. If the bear market has just begun, ETH's target price may be $200-400, which means another 80% drop from the current price, a total drop of 90%, which is consistent with past bear markets. 0xQuit finally said: "I personally tend to be bullish at this position, but my position layout can also accept the market continuing to fall. If you can't accept the worst expectations, please consider selling some."

Odaily Planet Daily News According to cosine monitoring, Longling Capital transferred 21,000 ETH to Binance, equivalent to approximately US$38.81 million.

According to BlockBeats, the cryptocurrency Fear and Greed Index has risen to 24 today, up from 20 yesterday, indicating that market sentiment remains in a state of 'extreme fear.' The index, which ranges from 0 to 100, is calculated based on several factors: volatility (25%), market trading volume (25%), social media activity (15%), market surveys (15%), Bitcoin's dominance in the market (10%), and Google search trends (10%).

According to Odaily, Arthur Hayes recently shared insights on the X platform, advising patience in the current market environment. He predicts that Bitcoin may bottom out at approximately $70,000, indicating a 36% drop from its all-time high of $110,000, a common adjustment during bull markets. Hayes anticipates that stock markets, particularly the SPX and NDX, will experience a phase of freefall. Subsequently, he expects the Federal Reserve, European Central Bank, and Bank of Japan to implement easing policies to stimulate economic recovery in their respective regions. Hayes suggests that investors should consider entering the market aggressively under these conditions. While traders might miss the bottom, they can avoid prolonged volatility and potential unrealized losses. For those who prefer a cautious approach, waiting for the central banks' easing measures to take effect before increasing capital investment might be advisable.

Bitcoin (BTC) has dropped 11.3% over the past week, currently trading in the low $80,000 range at the time of writing. The recent decline has pushed the leading cryptocurrency below the 200-day moving average (MA), raising concerns about a potential deeper pullback. Bitcoin Must Defend This Key Price Level According to an X post by seasoned crypto analyst Ali Martinez, BTC is now trading below... source: https://www.newsbtc.com/bitcoin-news/bitcoin-slips-under-200-day-moving-average-will-the-downtrend-continue/

Odaily Planet Daily News: On-chain analyst sigma^2 posted on X that the suspected ZkCasino Rug address went long on ETH with 20x leverage on Hyperliquid, with an opening price of $2,280.64, a current floating loss of $9.44 million, and an estimated liquidation price of $1,745.

Odaily Planet Daily News Arthur Hayes posted on the X platform, saying that he would maintain great patience and predicted that Bitcoin might bottom out at about $70,000, which means a 36% drop from its all-time high of $110,000, which is a common adjustment in a bull market. Next, he believes that the stock market, especially SPX and NDX, will enter a free fall phase. Then, the Federal Reserve, the European Central Bank, and the Bank of Japan are expected to adopt loose policies to stimulate economic recovery in their respective countries. He suggested "entering the market in a big way" in this case. For traders, although they may miss the bottom, they can avoid experiencing long-term shocks and potential unrealized losses. If you are more cautious, you can wait for the easing policies of major central banks to be implemented before increasing capital investment.

The Trump administration is pushing crypto harder than ever, and Europe is not happy about it. Officials in the European Union (EU) are warning that Washington’s growing embrace of Bitcoin and dollar-backed stablecoins could seriously threaten Europe’s financial sovereignty. Pierre Gramegna, managing director of the European Stability Mechanism (ESM), said Monday in Brussels that the […] source: https://www.cryptopolitan.com/president-trumps-crypto-support-threatens-europes-monetary-control/

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Golden Finance launches the 2626th issue of "Golden Morning 8" - a morning report on the cryptocurrency and blockchain industry, providing you with the latest and fastest news on the digital currency and blockchain industry.

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