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[ZKsync Plans to Decommission Early Network ZKsync Lite in 2026] According to The Block, ZKsync announced on Sunday that it plans to decommission ZKsync Lite (formerly ZKsync 1.0) — the original zero-knowledge rollup solution launched on Ethereum in 2020 — sometime next year. In the related announcement, ZKsync stated that this is a planned and orderly system decommissioning arrangement. The system has fulfilled its mission and will not affect any other ZKsync systems. The team will announce specific details, dates, and migration guidelines next year. According to L2BEAT data, although ZKsync Lite currently processes fewer than 200 transactions per day, approximately $50 million in user funds remain on the network. ZKsync assured that the funds are secure and that withdrawal functionality to L1 will remain operational throughout the process. ZKsync emphasized that this decommissioning will not impact its other products. It is reported that Matter Labs, the company behind ZKsync, launched the fully functional zkEVM — ZKsync Era — in March 2023. This system can run arbitrary smart contracts, and active development on ZKsync Lite ceased thereafter. The team stated that their next focus will be on systems built on the ZK Stack, Prividiums, and the broader ZKsync network.
The current 4-hour cycle shows that BTC prices are below the EMA24 and EMA52 moving averages, showing an overall downward trend. Member indicators show that trading volume surged by 121.63% but prices fell, indicating that panic selling is intensifying and bearish signals are clear. At the same time, RSI broke through the 50 median line and went downwards, further verifying the strengthening of downward momentum. The distribution of chips shows that 91377 is a strong resistance zone, with a trading volume accounting for as much as 6.23%. Multiple attempts to break through the price have been unsuccessful. If unable to effectively hold the position, it may continue to explore for support. Activate membership now and accurately capture buying and selling points! The data is sourced from the PRO member's [BTC/USDT Binance USDT perpetual 4-hour] K-line, for reference only, and does not constitute any investment advice.
French bank BPCE will introduce cryptocurrency trading functionality for customers in its application. (Cointelegraph)
[Bank of Japan Hints at Rate Hike, but Market Still Bets on Yen Weakening] Despite market speculation that the Bank of Japan may raise interest rates this month and Governor Kazuo Ueda hinting that rates could be adjusted soon, traders at institutions such as Bank of America and Nomura Holdings are still betting on the yen continuing to weaken. Data from Citigroup shows that negative sentiment toward the yen persists in the market. The reason investors remain bearish on the yen is that even if the Bank of Japan takes action, Japanese yields are still expected to remain significantly lower than those in the U.S. Bank of America executives stated that unless the Bank of Japan delivers a true surprise, the trend of betting on a stronger USD/JPY will not change.
Elon Musk's SpaceX has held 8000 bitcoins for four years, with a total value of approximately $750 million. (The Bitcoin Historian)
OKX-BTC/USDT is currently trading at $105580.40, with a 5-minute drop of 2.51%. Please be aware of the market fluctuations.