FOX reporter: The Federal Reserve holds a more open attitude towards digital assets

The latest report from Citibank indicates that the price of Ethereum (ETH) has fallen by over 20% this year, but its fundamentals are improving. The total value locked in (TVL) on the Ethereum network has significantly increased, while the Ethereum ETF continues to attract capital inflows, with a cumulative inflow of $3.2 billion since its launch in July. In addition, the popularity of related searches is also on the rise. Despite recent fluctuations in user activity, Citigroup analysts say that Ethereum's fundamentals are not entirely pessimistic. The report also mentioned that former US President Trump's World Liberty Financial holds over $200 million in Ethereum, which could be seen as an additional impetus for the US to strengthen its support for the cryptocurrency industry. Meanwhile, the weak performance of Ethereum is consistent with the rise in Bitcoin's dominance rate, which has now reached a multi-year high of over 60%.

Odaily Planet Daily News: According to SoSoValue data, the net holdings of three Ethereum spot ETFs in Hong Kong have increased by about 2380 in the past month, an increase of over 12%. As of the time of publication, the total holdings have exceeded 20000, setting a new historical high. Among them, Huaxia Fund (Hong Kong) and Jiashi International's spot Ethereum ETF, which are virtual asset custodians and trading partners of OSL Digital Securities Limited, hold over 14200 ETH, accounting for about 68%.

HTX-BTC perpetual contract is now reported at $98227.4. According to market contract position analysis, the main force lacks confidence in the future market, and the price may decline. Please hold positions reasonably and control risks

Odaily Planet Daily News: In response to today's news that Binance and the SEC have jointly requested a 60 day suspension of their case review of Binance, Binance has issued the following statement: "We sincerely thank Acting Chairman Uyeda for his cautious approach in promoting the legislative and regulatory attention that digital assets deserve in the new era of blockchain in the United States and even globally. The allegations made by the US Securities and Exchange Commission (SEC) have always lacked basis, and we look forward to resolving this matter as soon as possible, continuing to work towards building Binance into the world's safest, licensed, compliant, and trustworthy cryptocurrency trading platform

According to Sunil, a representative of FTX creditors, if SBF did not file for bankruptcy, the valuation of its assets could exceed $65 billion, including 55 million Solana (approximately $11 billion), Anthropic ($4.2 billion), 890 million Sui tokens and equity ($3.2 billion), GDA investment (over $1.2 billion), K5 investment ($700 million, including $190 million from SpaceX), FTX business valuation ($40 million net income corresponding to $40 billion valuation), and 280 million FTT tokens (approximately $5 billion). Previously, it was reported that the net assets of the top 500 billionaires worldwide in 2024 exceeded the $10 trillion mark, and CZ's wealth increased by 60% to $55 billion.