Bitcoin
Negotiate $ 109.7,000 at the start of the Wednesday negotiation day in Asia, according to Coindesk market data.
While the largest digital asset in the world is negotiated flat in the first hours of the session, Coindesk market data show that it is up 4% over the week.
A decrease in expected Japan banking rates does not do much to move the market, even if a low interest rate policy is generally what stimulates the feeling of risk and has a positive impact on the BTC prices.
A metric to look at the place is the “premium coinbase”. Followed by cryptocurrency, he measures the price difference between BTC on Coinbase Pro (USD) and Binance (USDT), demonstrating the demand in dollars of Bitcoin (as opposed to crypto-native demand).
“The Coinbase premium is gradually increasing, indicating that the purchase of the pressure from American investors supports the trend,” wrote cryptocurrency analysts in a recent update. “In addition, the activity of purchasing whales is gradually observed.”
Part of this movement would include BTC ETF Flow, which has reached $ 386.27 million so far this week, according to Sosovalue data.
That said, some market observers fear that a fund (ETF) on the marked Ether exchange (ETF), which can be close to approval, could put a brake on the institutional interest of the BTC.
Youwei Yang, Bit Mining chief economist, says that an ETF that gives investors access to ETH yield from staking would be something that FNB BTC cannot match, because they simply give an exhibition to prices.
“It has created a lot of buzz, especially given the amount of Bitcoin rally that was fueled by an ETF media threw,” said Yang. “And let’s be honest: although there are speculations around Solana or Litecoin Etf, Ether is always the only other cryptographic asset with a real existence in American ETF.
But for the moment, it’s always a waiting game. At least until the BOJ move is official, because the usual crypto-natives like Arthur Hayes count on the parabolic BTC accordingly.
The volume Dex almost doubled last year
The centralized exchanges (CEX) have always had their eyes on decentralized exchanges (DEX) since the concept took off in 2018 with the advent of modern automated market engines (AMM) – Technology at the center of the product category.
But as the year continues, and cryptographic mergers and acquisitions perhaps warm up, there may be a renewed interest in Dex, given the leap in volume on last year’s platforms.
According to Messari data, in the past year, the commercial volume on DEX has increased from around 6% of any volume to 12%. In May, this number got closer to 25% while Dex hyperliquid emerging drew market attention, including the most aggressive merchants in crypto.
But are the competitors of Dex and Cex? No, says the president of OKX, Hong Fang.
Speaking with Coindesk earlier this year in the perspective of the Hong Kong consensus, Fang said that the two were complementary.
“The cryptocurrency public will want to be able to use CEX for reliability and DEX to catch innovations,” she said at the time. “Such a dynamic of supply for demand will result in a new DEX adoption to allow innovation while supporting the progressive maturity of the regulatory framework for cryptography.”
News report
Trump CFTC candidate Brian Quintenz says the Congress key to stimulate innovation in cryptography and consumer protection
Brian Quintenz, candidate of President Trump for the President of the Commodity Futures Trading Commission (CFTC), underlined during his Senate confirmation audience that Congress must lead to establishing clear directives simultaneously to stimulate cryptographic innovation and consumer protection, Coindesk reported.
Quintenz, who previously was commissioner of the CFTC and later responsible for the policy of the venture capital company A16Z, argued that the next legislation on the market structure could provide the necessary clarity to entrepreneurs while retaining guarantees for consumers.
During its confirmation, the senators expressed concerns about vacant posts at the CFTC – in particular the absence of democratic commissioners – but Quintenz refused to undertake to defend Trump to fill these positions, emphasizing presidential discretion. He recognized the potential needs of resources if the CFTC becomes the main regulator of digital products, recommending a “technology approach” to improve agency efficiency and defended the role of prediction markets as legitimate tools for risk coverage and management.
Aave is now on Sony SONEIUM
Aave launched on Soneium, an Ethereum Layer-2 blockchain supported by the electronics giant Sony, said Coindesk. This integration includes the exploration of the real world’s applications of the decentralized overlap of Aave, GHO, all payments, economies and digital trade.
Aave’s involvement will extend to liquidity incentive campaigns, particularly in partnership with Astar, an important blockchain player on the Japan web 3 scene, with a dedicated allocation of 100 million AST ($ 4 million) to stimulate adoption.
SONEIUM is already hosting a dynamic 7 million user ecosystem with leading platforms such as Uniswap V4, Vélodrome, Stargate and Lido, alongside the Kyo Finance and Superval protocols. Stani Kulechov, founder of Aave Labs, underlined Sony’s global confidence and the consumer approach to the consumer of Soneium as key advantages, aligning on Aave’s strategy to widen accessibility and dominant scope.
Market movements
- BTC: BTC exchanges less than $ 110,000 as the exchange reserves drop strongly, signaling a strong accumulation in significant short liquidations.
- Ethn: Ethereum jumped from $ 6.9% to $ 2,803 in the middle of the three -means trading volume, reflecting a strong institutional conviction drawn by significant ETF entries and an accumulation of considerable BlackRock ETH.
- Gold: Spot Gold approached $ 3,350 on Tuesday, supported by cautious optimism on American-Chinese commercial talks despite a firmer US dollar.
- Nikkei 225: The markets in Asia-Pacific increased on Wednesday in a context of optimism on American-Chinese “productive” commercial discussions, Nikkei 225 of Japan, winning 0.69% at the opening.
- S&P 500: The S&P 500 won 0.6% on Tuesday, approaching record heights greater than 6,000, supported by the optimism of investors on American-Chinese commercial negotiations and the rise of Tesla in the middle of the Elon Musk Robotaxi announcements.
