[China's National Data Bureau and Two Other Parties Sign Memorandum of Understanding to Promote Blockchain and Other Technology Cooperation] China's National Data Bureau, the Chongqing Municipal People's Government, and Singapore's Infocomm Media Development Authority have jointly signed the 'Memorandum of Understanding on Cooperation to Build a New Digital Land-Sea Corridor.' The three parties will focus on cooperation in areas such as digital connectivity, digital technology and innovation, and digital talent exchange and training. They will encourage and support enterprises and research institutions from both countries to conduct joint research and scenario application cooperation in fields such as artificial intelligence, blockchain, and big data.

The large transaction data in the past 12 hours shows that the main funds bought $17.84 million and sold $17.03 million, and the buying and selling forces are basically balanced. But the latest large market buy transaction was $282000, indicating that some main players are still attracting funds at a low level. Combining with the current 1-hour cycle K-line, although the price is above the EMA24/52 moving average, the KDJ dead cross and entering the overbought zone suggest that the upward momentum may weaken. In addition, the K-line has shown a flat topped pattern, which, combined with the suppression of large market sell orders, may result in short-term resistance. Accurately capturing the main trend of large transaction indicators helps you lock in variable inventory in advance! Open a membership to stay ahead of the main capital flow and identify turning points in the trend! The data is sourced from the PRO member's [BTC/USDT Binance 1-hour] candlestick, for reference only, and does not constitute any investment advice.

[Bloomberg Strategist: Bitcoin May Drop to $10,000 by 2026] Bloomberg Intelligence Senior Commodity Strategist Mike McGlone has warned that Bitcoin faces an 88% plunge risk to $10,000, predicting it could reach this level by 2026. McGlone stated that Bitcoin surpassing $100,000 might trigger a cycle leading to a pullback to $10,000. McGlone believes that a reversal in wealth creation will drive the next economic recession, primarily fueled by the collapse of highly speculative digital assets with unlimited supply. Currently, Bitcoin's price is fluctuating around $90,000, down 30% from the all-time high of $126,000 set in October.

A large short placed during off-hours sent EdgeX’s XYZ100 perpetual down nearly 4%, exposing risks in equity-index perps when traditional markets are closed. What to know : A newly created wallet executed a short worth roughly $10 million on EdgeX’s Nasdaq 100–linked perpetual, triggering a rapid 3.5% price drop and a liquidation cascade across long positions. With U.S. equity markets closed, traders cannot hedge exposure to the Nasdaq, leaving equity-index perps more susceptible to large orders and thin liquidity. EdgeX processed about $167 billion in perp volume last month, underscoring how fast-growing crypto derivatives platforms are pushing into tokenized equities.

[JPMorgan Launches Tokenized Money Market Fund MONY with Initial Funding of $100 Million on Ethereum] JPMorgan is launching a product called 'My OnChain Net Yield Fund' (abbreviated as MONY), a tokenized money market fund issued on the Ethereum blockchain, with an initial funding size of $100 million.