[Ethereum Foundation-related address deposits 5,748 ETH to Kraken]
An address (0x9D1c) deposited 5,748 ETH, valued at $17.89 million, to Kraken. On-chain tracking shows that these ETH originally came from the Ethereum Foundation.
[Trump: Rate Cuts Are the Litmus Test for the Fed Chair Position]
U.S. President Trump stated that rate cuts are the litmus test for the Federal Reserve Chair position.
[Wintermute: Decisions by the Federal Reserve and the Bank of Japan Will Determine the Direction of the Next Trend]
Wintermute stated that recent price movements reflect a pause rather than a reversal, with market activity concentrated in the most liquid segments. Decisions by the Federal Reserve this week and the Bank of Japan next week will determine year-end interest rate differentials and cross-asset volatility. In the absence of decisive macro surprises, cryptocurrencies are likely to continue range-bound trading. The rise of neutral delta and carry strategies indicates that the market prioritizes capital efficiency, reinforcing consolidation as the dominant trend at present.
HashKey's prospectus highlights surging institutional volume, expanding staking and tokenization pipelines and more than 1.44 million users, while losses and a US$5.2 million monthly burn rate loom over one of Asia’s largest regulated crypto bets.