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Investors are shifting from directly trading cryptocurrencies to investing in publicly listed companies that hold cryptocurrencies. With the support of the Trump administration, this trend has evolved from "wild speculation" into a mainstream financial strategy.
Ark Invest founder and CEO Cathie Wood shared her positive outlook on bitcoin, stablecoins, and emerging crypto projects in an interview. She believes that bitcoin will become the largest asset in the crypto market with an unshakable position, while also emphasizing the significant value of stablecoins in global payments and the DeFi ecosystem.
Mainstream memecoins may experience a significant surge once liquidity returns, and at least two memecoins are expected to reach a market cap of over 1 billion.
- 09:33MegaETH to Launch Public ICO on SONAR Platform Founded by Crypto KOL CobieAccording to ChainCatcher, the well-known crypto KOL Cobie (Jordan Fish) founded the investment platform Echo, which previously launched the ICO platform Sonar. According to market sources, the ultra-high throughput and low-latency EVM-compatible L2 project MegaETH will conduct its public ICO on this platform. Previous reports stated that the platform's first fundraising project was Plasma.
- 09:08The six Hong Kong virtual asset ETFs recorded a total trading volume of HKD 53.38 million today.According to Jinse Finance, Hong Kong stock market data shows that as of the close, the total trading volume of the six Hong Kong virtual asset ETFs today was 53.3805 million HKD. Among them: ChinaAMC Bitcoin ETF (3042.HK) had a trading volume of 31.4 million HKD, ChinaAMC Ethereum ETF (3046.HK) had a trading volume of 15 million HKD, Harvest Bitcoin ETF (3439.HK) had a trading volume of 990,500 HKD, Harvest Ethereum ETF (3179.HK) had a trading volume of 1.13 million HKD, Bosera HashKey Bitcoin ETF (3008.HK) had a trading volume of 1.26 million HKD, and Bosera HashKey Ethereum ETF (3009.HK) had a trading volume of 3.6 million HKD.
- 09:03Ripple establishes custody partnership with South Africa's Absa BankForesight News reported that Ripple has announced a strategic partnership with South Africa's Absa Bank to provide digital asset custody services for the bank's clients in South Africa. Through this collaboration, Absa will utilize Ripple's institutional-grade digital asset custody technology to offer storage services for tokenized assets, including cryptocurrencies. Earlier this year, Ripple announced it would support Absa with crypto payment technology, support African payment provider Chipper Cash, and revealed that its USD-backed stablecoin RLUSD would be launched in Africa.