Scan to download
BTC $75,954.72 +2.72%
ETH $2,320.32 +2.54%
BNB $630.07 +2.33%
XRP $1.43 +2.10%
SOL $85.77 +2.73%
TRX $0.3282 -0.42%
DOGE $0.0956 +2.84%
ADA $0.2491 +3.03%
BCH $444.76 +2.34%
LINK $9.33 +3.24%
HYPE $40.93 -0.04%
AAVE $91.58 +2.58%
SUI $0.9503 +3.28%
XLM $0.1738 +4.10%
ZEC $316.08 +4.58%
BTC $75,954.72 +2.72%
ETH $2,320.32 +2.54%
BNB $630.07 +2.33%
XRP $1.43 +2.10%
SOL $85.77 +2.73%
TRX $0.3282 -0.42%
DOGE $0.0956 +2.84%
ADA $0.2491 +3.03%
BCH $444.76 +2.34%
LINK $9.33 +3.24%
HYPE $40.93 -0.04%
AAVE $91.58 +2.58%
SUI $0.9503 +3.28%
XLM $0.1738 +4.10%
ZEC $316.08 +4.58%

pro

Data: The market's long and short competition intensifies, with the spot CVD turning negative indicating increased selling pressure, but ETF capital inflow provides support

Glassnode's latest report indicates that although buying interest remains strong, providing some buffer for prices, market sentiment is turning cautious. Data shows that the cumulative volume delta (CVD) has shifted from positive to negative, selling pressure is rising, and bearish sentiment is beginning to emerge.Meanwhile, centralized exchanges are active, and market participation remains high. In the futures market, the increase in open interest indicates a rise in risk appetite, but the funding rate for long positions has significantly decreased, and the CVD for perpetual contracts has sharply declined, suggesting that traders are more willing to pay a premium to short, while buyer initiative is weakening and bearish sentiment is intensifying.In the options market, the demand for downside protection has decreased, which may ease bearish sentiment, but the contraction in open interest could indicate profit-taking, affecting subsequent volatility. The narrowing of volatility spreads suggests that market sentiment is shifting from risk pricing to neutral.The ETF sector has become a highlight, with the MVRV ratio and net inflows of U.S. spot ETFs rising, profitability and investor interest strengthening, and trading activity significantly increasing, indicating a growing enthusiasm for participating in Bitcoin through regulated channels, with market sentiment being cautiously optimistic.In terms of liquidity, the share of hot money has decreased, and the negative change in realized market value has narrowed, indicating that old money is dominating and net outflows are easing. The supply ratio between short-term and long-term holders remains stable, and long-term holders' confidence is solid.

Coinbase incubated the x402 protocol and launched the artificial intelligence robot application store Agent.market

According to The Block, the x402 Foundation, incubated by Coinbase, has announced the launch of the unified platform Agent.market, aimed at providing an "app store"-like service entry for AI robots.The platform is built on the x402 protocol and helps users and robots access hundreds of tools and services. The x402 protocol is named after the unused HTTP 402 "Payment Required" status code, allowing websites, APIs, and AI robots to request and receive instant micropayments through blockchain and traditional payment channels. The protocol is managed as an open standard by the x402 Foundation under the Linux Foundation and has the support of over 20 organizations and crypto companies, including Cloudflare, Stripe, AWS, Google, Visa, Base, Circle, and the Solana Foundation.When Agent.market goes live, it will cover seven major categories including reasoning, data, media, search, social, infrastructure, and trading, with service providers including OpenAI and Venice (reasoning); Bloomberg and CoinGecko (data); LinkedIn, X, and AgentMail (social); AWS Lambda, QuickNode, and Alechemy (infrastructure); as well as Bankr and Coinbase RAT (trading). Providers can join the marketplace without permission.Erik Reppel, the creator of the x402 protocol, stated that there are currently about 69,000 active agent robots on the protocol, which have completed over 165 million transactions with a transaction volume of 50 million dollars. He pointed out that agent commerce based on x402 is reshaping the customer acquisition activation costs for businesses, as robots can now access services at a very low setup cost without needing API keys.
app_icon
ChainCatcher Building the Web3 world with innovations.