ETH metrics point out that the potential bull

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Welcome to the morning briefing in Asia, a daily summary of the best stories during the hours and an overview of market movements and analyzes. For a detailed overview of the American markets, see the Americas of the Coindesk Crypto Daybook.

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This is what Mar March Zheng funds said to investors.

While Asia begins its working day, ETH is negotiated above $ 2,500, down 0.4%. Although this may not seem much in the volatile world of crypto, ETH has challenged the ratings and is up 40% over the month, which is impressive because its performance is only equal by the same pillars as

and decentralized financial loan protocols like. The latter’s performances have contributed to pushing the total locked value (TVL) in Ethereum exceeding $ 60 billion.

Zheng, co-founder and managing partner of Bizantine Capital, is optimistic about ETH because he maintains that Ethereum could dominate as a blockchain of the

.

“He can reach an inflection point where these two tracks continue to grow,” said Zheng in a note at Coindesk. “It will be a very interesting year.”

However, there are potential limits in the history of ETH’s growth this year. The bettors on Polymarket only give it 26% chance of breaking its summit of $ 4,868 in November 2021.

Meanwhile, Coindesk Market Insight Bot notes institutional interest in Ethereum increases sharply, exchange sales falling at seven years and investment products focused on ETH seeing significant entries, signaling a long -term bullish accumulation.

(Coindesk)

Companies move away from decentralized AI

Artificial intelligence tokens are one of the growth stories of the year, the market capitalization in the category of tokens worth more than $ 27 billion according to Coigecko data.

But there is a problem, like the Teng Yang analyst of the crypto-ai research thought chain argued in a thread on X.

The decentralized calculation infrastructure, known as decentralized calculation networks (DCN) necessary to make the decentralized AI a reality, does not follow the pace.

In the March 2025 rankings of semiianalysis of GPU cloud suppliers, barely recorded decentralized calculation platforms. Only Akash and Prime Intellect appeared, stuck at the bottom of the list.

Most decentralized platforms did not even cut, highlighting the deep challenges that these projects are confronted by competing with centralized hyperscalers like AWS or Google Cloud.

Coordination, the ability to organize the IT resources dispersed in a transparent service, remains a critical weak point.

Unlike centralized services, decentralized platforms have trouble with basic tasks such as predictable work routing, effective data transfers and tolerance to integrated breakdowns, essential elements for companies accustomed to rationalized kubernetes or SLURM functionalities – software tools that companies use to easily manage and easily plan calculation.

Safety and technical reliability have additional obstacles. Most decentralized networks lack essential certifications, such as SOC2 or ISO 27001, leaving their subject systems to fragile networks, storage inconsistencies and frequent latency peaks.

As Yan notes, decentralized networks suffer from dashboards that feel heavy, unclear payment systems and confusing integration processes, failing simple “rotation and scale” reference companies.

Finally, economic sustainability remains elusive. The current decentralized networks depend too much on temporary token incentives, risking collapse when emissions slow down or stop completely. The Aethir token, after all, is up 70% last month, which adds inflationary pressures if someone subscribes to the cloud services labeled in ATH – Son eponymous token.

Yan maintains that decentralized platforms do not need to replace AWS entirely, but they must at least be stable, economical and fairly easy to compete significantly. Until then, the ambitious growth of the decentralized AI will remain dependent on a centralized computer infrastructure.

News report

The Trump organization says that $ Trump Wallet is not them

The Trump organization has moved away from a newly announced cryptocurrency portfolio called “$ Trump Wallet”, despite the promotional mark explicitly linked to the former president, Coindesk previously reported.

A spokesperson has unequivocally declared that the organization “knows nothing” on the portfolio, the contradictions made by the CEO of Magic Eden, Jack Lu, who had confirmed a partnership via social media. Donald Trump Jr. and Barron Trump said separately that the Trump organization has “no involvement”, although Trump Jr. has mentioned a next official portfolio of World Liberty Financial, a separate Stablecoin project associated with the family.

The $ Trump Wallet website is currently active, inviting users to a waiting list while promising digital asset trading features, but does not provide substantial technical details or publication calendar. The confusion around the project highlights the controversial but continuous entanglement of Trump with the crypto, previously illustrated by companies such as World Liberty Financial and even like Trump Coin and Melania Coin.

Revolut could soon offer cryptographic derivatives

Revolut explores an expansion in cryptocurrency derivatives, as indicated by a new list of jobs to request a managing director to launch and set a related offer, previously reported Coindesk.

This development follows the successful deployment of its Crypto exchange focused on professionals, first in the United Kingdom in May 2024 and later in the European Union.

The British cryptographic derivative market has recently gained ground, underlined by the launch of GFO-X, the first platform derived from CAF-regulated by the country’s FCA. In addition, the British Galaxy subsidiary, led by Mike Novogratz, received approval from the FCA in April, positioning itself to compete with the growing market segment.

Market movements:

  • BTC: Bitcoin increased by 2% above $ 105,000, supported by the aggressive acquisition plan of $ 84 billion in microstrategy, despite persistent geopolitical concerns and long-term issues.
  • ETH: ETH has established a clear trend in the middle of solid volume peaks, faced with a company resistance at $ 2,651 and consolidated support for almost $ 2,618 to $ 2,620.
  • Gold: Gold dropped by 0.51% to around $ 3,356 on Tuesday as a dollar in rebounds and increased American employment openings prompted traders to turn into risky active ingredients.
  • Nikkei 225: The Nikkei 225 of Japan increased 0.83% on Wednesday, which led the markets to Asia-Pacific above after the Wall Street technological rally propelled by Nvidia.
  • S&P 500: The S&P 500 climbed 0.58% Tuesday to 5,970.37, stimulated by NVIDIA gains and investors’ optimism on American commercial transactions, while Deutsche Bank increased its end -of -year target to 6,550.

Elsewhere in crypto:

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