The chip consensus area has encountered a $116 million hanging wall, and ETH's next stop is being priced

According to the official announcement of Ethereum on the X platform, the Ethereum Applications Guild (EAG) has officially launched. As a global non-profit collaborative organization, EAG aims to promote the development of the Ethereum application ecosystem, expanding from the infrastructure stage to the application layer. Its operation will revolve around four major directions: the implementation of real-world applications, cross domain ecological network connections, the establishment of a unified evaluation and development framework, and the construction of a sustainable funding mechanism. It will also adopt a membership contribution system based on institutional scale and a pledge income donation mechanism to support ecological growth.

BTC rises to $77,000 after holding $75,000 support, but negative funding, unchanged open interest and cautious positioning signal a lack of conviction. What to know : Bitcoin has been stuck between $75,000 and $80,000 since April 19, with negative funding rates indicating that traders are still shorting any rallies. Derivatives data reflects weak conviction: Open interest is steady at $19 billion and basis remains subdued at 1.5% annualized. Options markets lean bullish, with call-heavy flows and easing downside hedging demand despite broader macro uncertainty.

The spot gold price fell below $4560 per ounce, with a intraday decline of 1.33%.

According to Cointelegraph, the Central Bank of Brazil has issued Resolution 561, prohibiting the use of cryptocurrency or stablecoins for settlement within the regulated framework of international payment and transfer services (eFX). The new regulations require that fund transactions between eFX service providers and overseas counterparties can only be completed through foreign exchange trading or non resident Brazilian real accounts. EFX service providers who have not been approved but are in a transitional period need to apply for authorization to continue operating before May 31, 2027.

According to an analysis of the Bank of Japan's accounts, Japan may use approximately $34.5 billion (about 5.4 trillion yen) on Thursday for its first exchange rate intervention since July 2024 to support the yen. In 2024, Japanese authorities supported the yen four times, averaging around 3.8 trillion yen each time. On Thursday evening, Japanese Finance Minister Mayu Katayama warned that "decisive action" was imminent, followed by a significant appreciation of the yen. A source familiar with the matter revealed that the authorities have entered the market for operations. According to data from the central bank, its current account is expected to decrease by 9.48 trillion yen next Thursday, far exceeding the currency broker's forecast of 4.08 trillion yen. This is Katayama's first intervention since taking office in May, driving the yen to appreciate by over 3%. Katayama also reminds traders to remain vigilant during the Golden Week period.