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Stay up to date on the latest crypto trends with our expert, in-depth coverage.

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  • 02:57
    Data: Crypto Market Sees Broad Decline, Only DeFi Sector Rises Against the Trend by 1.81%
    According to ChainCatcher, SoSoValue data shows that the crypto market continues its correction trend, but the DeFi sector defied the market by rising 1.81%. Within the sector, Chainlink (LINK) surged by 14.32%. In terms of news, LINK announced an on-chain reserve mechanism and a strategic partnership with ICE, the parent company of the New York Stock Exchange. Additionally, Maker (MKR) and AERO (Aerodrome Finance) rose by 1.03% and 2.50% respectively; meanwhile, DEFI.ssi climbed 5.27%. It is worth noting that Bitcoin (BTC) fell 1.08% over 24 hours, dropping below $117,000, while Ethereum (ETH) declined 0.35%, falling below $4,400. In other sectors, the Layer1 sector dropped 0.37% over 24 hours, but Cardano (ADA) remained relatively resilient, rising 1.56%. The Layer2 sector fell 0.38%, with ex-MATIC (POL) and Arbitrum (ARB) bucking the trend and rising 5.34% and 7.73% respectively. The CeFi sector declined 0.94%, while LEO Token (LEO) edged up 2.29%. The Meme sector dropped 1.13%, with MemeCore (M) spiking 7.15% intraday. The PayFi sector fell 2.06%, while Monero (XMR) rose 4.20%. Indices reflecting historical sector performance show that the ssiLayer1, ssiSocialFi, and ssiLayer2 indices fell by 0.31%, 0.35%, and 0.37% respectively.
  • 02:57
    Data: A newly created wallet withdraws nearly 650,000 PENDLE from an exchange, valued at over $3.5 million
    According to ChainCatcher, Arkham monitoring data shows that a newly created wallet withdrew 644,652 PENDLE tokens, worth $3.51 million, from an exchange 18 minutes ago, and subsequently transferred these tokens to a hot wallet address of another exchange.
  • 02:57
    WhaleWire Founder: Excessive Leverage in the Current Crypto Market May Lead to an Inevitable Major Crash Risk
    According to a report by Jinse Finance, WhaleWire founder Jacob King stated on social media that although Bitcoin has only dropped by 1%, the market has seen over $360 million in liquidations in the past 24 hours, with more than $100 million liquidated in just the last 60 minutes. Jacob King noted, "This phenomenon highlights the excessively high leverage in the market as it approaches historical highs. When investors rush to exit at the same time, the market could face the inevitable risk of a major crash."
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