BTC breaks through the $65000 mark

[Lucas Tcheyan: Ethereum and Solana Need to Reassess Token Inflation Plans] Galaxy Research Vice President Lucas Tcheyan stated that Ethereum and Solana need to reassess their token inflation issuance plans and supply structures. Currently, relevant discussions have not yet resulted in clear decisions.

According to the Korea Economic Daily, SK Hynix is preparing a shareholder return plan totaling approximately $71 billion, with an expected stock repurchase scale of $28.4 billion, which is about seven times higher than last year's total return of approximately $10.2 billion.

The $1.9 trillion asset manager says excluding established memecoins on principle would undermine its active approach to crypto investing.

[Sheldon: BitMart has not absconded, and is conducting asset inventory and liquidation work] BitMart founder Sheldon responded on the X platform, stating that BitMart has not absconded. The core team is conducting asset inventory, asset consolidation, and system maintenance, aiming to complete the liquidation in an orderly manner. Sheldon denied misappropriating user assets, preemptively fleeing, or withdrawing, and mentioned that they are considering involving courts and third-party auditing institutions. Further updates will be disclosed through transparent reports.

Citrini analyst Jukan stated that in the short term, the market is bearish on storage and bullish on optical interconnectivity, and some hedge funds have implemented this strategy. The reasons include: the basic failure of South Korean leveraged ETFs and the selling pressure caused by concentrated redemptions by limited partners; Nvidia weakens the HBM configuration of Rubin Ultra and switches to optical interconnect racks; The market has formed a consensus that storage prices will peak in the next two quarters. Jukan is bullish on long-term storage and bearish in the short term. Currently, there are no storage positions available.