SEC

The cryptocurrency market generally experienced a pullback, with only the AI and DePIN sectors remaining relatively strong

ChainCatcher message indicates that, according to SoSoValue data, the cryptocurrency market sector is generally experiencing a pullback, with only the AI and DePIN sectors remaining relatively strong. The AI sector has risen by 0.66% in the last 24 hours, with Bittensor (TAO), Render (RENDER), and Fartcoin (FARTCOIN) increasing by 2.30%, 7.51%, and 7.94%, respectively. The DePIN sector has risen by 0.60%, with Helium (HNT) and Grass (GRASS) increasing by 2.47% and 3.82%, respectively.Meanwhile, the cryptocurrency sector indices reflecting historical market trends show that the ssiAI and ssiDePIN indices have increased by 1.72% and 1.19% in the last 24 hours, respectively, with the ssiAI index having a weekly return rate of 3.79%.Additionally, Bitcoin (BTC) has narrowed its decline to 2.47%, rebounding above $80,000. Ethereum (ETH) has dropped by 6.16% in the last 24 hours, falling below $1,600.In other sectors, the CeFi sector has decreased by 0.03%, but Hyperliquid (HYPE) has risen by 6.01%; the Meme sector has fallen by 0.85%, and the Layer1 sector has decreased by 0.99%, with Avalanche (AVAX) rising by 1.20% and Hedera (HBAR) increasing by 1.71%; the Layer2 sector has dropped by 1.09%, with Arbitrum (ARB) rising against the trend by 1.21%; the PayFi sector has decreased by 1.39%, and the DeFi sector has fallen by 1.45%.

The Hong Kong Securities and Futures Commission has approved virtual asset staking, and HashKey Exchange has been authorized to launch Ethereum ETF staking services

ChainCatcher news, the Hong Kong Securities and Futures Commission (SFC) officially announced on April 7 that it has issued regulatory guidelines regarding the provision of staking services to licensed virtual asset trading platforms, as well as guidelines for SFC-recognized funds investing in virtual assets (virtual asset funds) concerning their participation in staking activities. The virtual asset exchange HashKey Exchange received approval from the Hong Kong SFC on April 10 to become one of the first exchanges in Hong Kong authorized to provide staking services.The SFC stated in the announcement, "The SFC recognizes the potential benefits of staking in enhancing the security of blockchain networks and allowing investors to earn returns from virtual assets in a regulated market environment."In February this year, the SFC released the "Virtual Asset Development Roadmap" ("A-S-P-I-Re" framework) and proposed to consider expanding the range of virtual asset products under a regulatory framework, including providing staking, leverage, and lending services under clear guidelines.Terence Pu, Managing Director of HashKey Exchange, stated, "HashKey Exchange has built a staking service system that meets regulatory requirements, taking the lead in providing ETH staking services for spot ETFs, and is actively promoting staking services for all customers.This service relies on HashKey Cloud's excellent node operation capabilities to provide users with secure and compliant staking services. In the near future, investors will not only be able to hold Ethereum ETFs to earn staking returns but also hold ETH directly and earn additional returns through our staking services."

The cryptocurrency market rebounded across the board, with the AI sector leading the rise at 15.82%, and ETH returning above 1600 USD

ChainCatcher news, according to SoSoValue data, Trump announced a suspension of tariffs and a reduction in tax rates for multiple countries. As a result, the cryptocurrency market rebounded across the board, with the crypto sector generally rising about 4% to 15% over 24 hours. Among them, the AI sector led with a rise of 15.82%, with Bittensor (TAO), Fetch.ai (FET), and Render (RENDER) increasing by 15.52%, 15.79%, and 16.71% respectively in 24 hours. Additionally, Ethereum (ETH) rose by 13.77%, breaking through the $1600 mark. Bitcoin (BTC) increased by 7.94%, briefly surpassing $83,000.It is worth mentioning that MAG7.ssi rose by 11.24%, DEFI.ssi rose by 15.92%, and MEME.ssi rose by 13.44%.In other sectors, the DeFi sector rose by 12.43% over 24 hours, with Ondo Finance (ONDO) increasing by 23.87%; the PayFi sector rose by 12.26%, with XRP increasing by 14.13%; the Meme sector rose by 11.87%, with Dogecoin (DOGE) rising by 12.48%; the Layer2 sector rose by 8.91%, with ex-MATIC (POL) increasing by 10.72%; the Layer1 sector rose by 8.52%, with Solana (SOL) and Cardano (ADA) rising by 12.72% and 12.56% respectively; the CeFi sector rose by 5.89%, with Hyperliquid (HYPE) increasing by 16.09%.Meanwhile, the cryptocurrency sector indices reflecting historical market performance show that the ssiAI, ssiDeFi, and ssiRWA indices rose by 16.27%, 13.79%, and 12.97% respectively over 24 hours.
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