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Pi Network struggles at $0.63 with increasing selling pressure. If $0.61 support holds, a recovery to $0.71 is possible; otherwise, a drop to $0.57 may follow.
SPX6900 is consolidating under $1.20 despite new investor interest. Rising deposits and selling pressure may delay a breakout, but a move past $1.20 could drive the price to $1.40. SPX6900 is consolidating under $1.20 despite new investor interest. Rising deposits and selling pressure may delay a breakout, but a move past $1.20 could drive the price to $1.40.
James Wynn, grappling with a $100 million loss, criticizes Hyperliquid’s referral program and hints at a possible comeback, possibly linked to Binance’s CZ and a new decentralized exchange.
Cardano’s price is under pressure at $0.65, with key resistance at $0.66. If ADA fails to break this level, a decline to $0.60 is possible. Watch for a potential rebound if $0.66 holds.
Spot Ethereum ETFs have recorded a significant $837.5 million in inflows, reflecting strong institutional momentum, though analysts remain cautious about post-upgrade network activity.
- 21:32Offshore Renminbi Falls 65 Points Against the US Dollar Compared to Thursday’s New York CloseAccording to Jinse Finance, the offshore yuan (CNH) is trading at 7.1886 against the US dollar, down 65 points from Thursday's New York close. This week, the currency pair has traded within the range of 7.1983 to 7.1681.
- 20:07The three major U.S. stock indexes closed mixedAccording to Jinse Finance, the three major U.S. stock indexes closed mixed, each posting gains for the second consecutive week. The Nasdaq fell 0.4%, with a cumulative weekly gain of 0.81%; the S&P 500 dropped 0.29%, up 0.94% for the week; and the Dow Jones rose 0.08%, with a weekly increase of 1.74%. Notably, both the Dow Jones and the S&P 500 reached intraday record highs during the session.
- 19:37The Federal Reserve Has Closed the "Novel Activities Supervision Program" Established in 2023According to a report by Jinse Finance, the Federal Reserve announced on Friday local time that it has closed the "Novel Activities Supervision Program" established in 2023. This program was originally intended, in part, to strengthen oversight of cryptocurrency activities within the banking sector.