ETH breaks through the $2700 mark

[Bitcoin Long-Term Holders Remain Profitable Throughout This Cycle, Never Falling Below Cost Basis] Glassnode states that Bitcoin long-term holders have remained profitable throughout this cycle, a situation not seen in any bear market cycle since 2015. In previous bear markets, the LTH-MVRV metric had fallen below 1, but in this cycle, the metric has stayed above 1 at its lowest point and is currently rising again.

In the first half of 2026, listed Bitcoin mining companies will reduce their computing power by 75 EH/s, corresponding to approximately $1.5 billion in mining machine investment, and some power resources will shift to AI infrastructure. The total amount of asset impairment and write down of assets for sale for 12 companies is approximately $1.1 billion, with IREN and Core Scientific accounting for nearly 89%. IREN has confirmed approximately $695 million in related impairment and write down. (Source: Bitcoin.com News)

US President Trump has appointed former SEC Chairman Jay Clayton as the AI czar, who will lead the Super Intelligence Force and submit a report within 120 days.

BINANCE founder CZ stated that he is in discussions with dozens of governments regarding the adoption of Bitcoin and cryptocurrency, and stated that cryptocurrency will not disappear. （The Bitcoin Historian）

OKX-ETH/USDT is currently trading at $2699.98, with a 5-minute increase of 0.09%. Please be aware of market fluctuations.