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#财神每日币圈资讯
1. Bitcoin Market: Another day of choppy trading. Last week's non-farm payroll data didn't have much impact on Bitcoin. Weekend news was uneventful, and the market moved within a narrow range as expected. The upcoming week or the week after should reveal the results. The little财神 still expects an initial surge to 100,000, followed by a decline.
2. Altcoin Market: This weekend was destined to belong to the Chinese community. The "Malgebi," "Laozi," and "I’m Riding a Horse" trio launched simultaneously. "I’m Riding a Horse" continued to rise, reaching a high of $0.055, achieving a 10x increase in just two days; "Malgebi" remained volatile at high levels; "Laozi" performed poorly, briefly spiking after launch then dropping. When everyone thought it would rise together, it instead fell. As always, when everyone reaches a consensus, the market often moves in the opposite direction. The popularity of "I’m Riding a Horse" also boosted Gate alpha trading, with on-chain tokens like "Life K-line" and "Panda" surging, easily hitting 10x. The hype around Chinese tokens created a siphoning effect, drawing funds away from other altcoins, which performed relatively poorly: Pippin started to decline, River remained weak and volatile, currently around $14.
3. Institutional and On-Chain Developments: Ethereum trades around $3123, forming a narrowing descending wedge pattern. Ethereum ETFs led by institutions like BlackRock continue to see outflows; Bank of New York (BNY) is optimizing institutional settlement processes using Ripple and Circle technology. Tether issued an additional $1 billion USDT this week, with total stablecoin issuance reaching $3.75 billion in the past seven days.
4. Weekly Hotspot Review: Due to ECC's exit, Zcash (ZEC) dropped 26% in just one week; after Pump.fun announced a new fee model for 2026, PUMP's price surged 10%.