CryptoQuant analyst Axel AdlerJr wrote that Bitcoin's price has fallen below the average purchase price of short-term holders (i.e., the STH-SOPR (30D) shown in the chart has fallen to 0.98). Two on-chain indicators show increasing selling pressure from new market participants. The SOPR 30D indicator measures the average token sale by short-term holders: above 1 indicates a profitable sale, and below 1 indicates a loss-making sale. The chart shows that the 30-day SOPR moving average has fallen to the 0.98 area, meaning that short-term holders are selling tokens at a loss on average. Further declines in this indicator will exacerbate selling pressure and lead to new local lows. The current market exhibits strong risk aversion towards short-term positions. Key reversal confirmation signals: price rises above the actual STH price, and SOPR rises above 1.

According to BlockBeats, CryptoQuant analyst @AxelAdlerJr has reported that Bitcoin's price has fallen below the average purchase price of short-term holders, as indicated by the STH-SOPR (30D) metric, which has dropped to 0.98. This suggests that selling pressure from new market participants is rising. The SOPR 30D metric assesses the average token sales of short-term holders, with values above 1 indicating profitable sales and values below 1 indicating sales at a loss. The chart reveals that the 30-day SOPR moving average has declined to the 0.98 region, signifying that short-term holders are, on average, selling tokens at a loss. A further decline in this metric could intensify selling pressure and lead to new local lows. Currently, the market exhibits a strong risk-averse sentiment among short-term holders. A key reversal confirmation signal would be a price recovery above the actual price for short-term holders and a SOPR increase above 1.

قفزت أسعار النفط في التعاملات الآسيوية يوم الخميس. وفي المقابل، جاء الارتفاع بعد إعلان الرئيس الأميركي دونالد ترامب فرض حصار على ناقلات النفط المتجهة من وإلى فنزويلا. وفي الوقت نفسه، بقيت معظم صادرات النفط الفنزويلية متوقفة. ومن ناحية أخرى، ارتفع خام غرب تكساس الوسيط الأميركي بمقدار 98 سنتًا source: https://www.twsiat.com/%d9%82%d9%81%d8%b2%d8%aa-%d8%a3%d8%b3%d8%b9%d8%a7%d8%b1-%d8%a7%d9%84%d9%86%d9%81%d8%b7-%d9%81%d9%8a-%d8%a7%d9%84%d8%aa%d8%b9%d8%a7%d9%85%d9%84%d8%a7%d8%aa-%d8%a7%d9%84%d8%a2%d8%b3%d9%8a%d9%88%d9%8a/

ملخص تحليل الذهب اليوم الاتجاه العام للذهب: صاعدا بقوة. نقاط دعم الذهب اليوم: 4300 – 4260 – 4170 دولار للاوقية. نقاط مقاومة الذهب اليوم: 4370 – 4390 – 4460 دولار للاوقية. توصيات تداول الذهب اليوم: بيع الذهب من مستوى المقاومة 4400 دولار والهدف 4200 دولار والاستوب 4460 دولار source: https://www.tradersup.com/%d8%aa%d8%ad%d9%84%d9%8a%d9%84%d8%a7%d8%aa-%d9%81%d9%86%d9%8a%d8%a9/%d8%aa%d8%ad%d9%84%d9%8a%d9%84-%d9%81%d9%86%d9%8a-%d8%b3%d8%b9%d8%b1-%d8%a7%d9%84%d8%b0%d9%87%d8%a8-%d8%a7%d9%84%d9%8a%d9%88%d9%85/%d8%aa%d8%af%d8%a7%d9%88%d9%84-%d8%a7%d9%84%d8%b0%d9%87%d8%a8-%d9%8a%d8%ad%d8%a7%d9%88%d9%84-%d9%83%d8%b3%d8%b1-%d8%a3%d8%b9%d9%84%d9%89-%d9%85%d8%b3%d8%aa%d9%88%d9%8a%d8%a7%d8%aa%d9%87-%d9%82%d8%a8/150398

The U. S. Securities and Exchange Commission has clarified how registered broker-dealers must custody customer crypto assets, reinforcing strict control requirements under existing investor protection rules. The guidance states that firms must maintain control of the private keys associated with any customer-owned digital assets they hold source: https://www.ethnews.com/sec-tightens-custody-rules-for-broker-dealers-holding-crypto-assets/

Vincent Chung, a portfolio manager at T. Rowe Price, said the Bank of Japan may raise interest rates more aggressively than the market expects. Japan's economy is performing slightly better than generally anticipated, although some slowdown is evident. Importantly, inflation remains persistent, and we continue to see upward pressure on wages. The market recently shifted its expectations for the next BOJ rate hike from January to this month, and current market pricing suggests only one rate hike is expected in 2026. T. Rowe Price believes there could be two rate hikes next year. (Jinshi)

استقرت أسعار الذهب يوم الخميس دون تغير يُذكر. وفي المقابل، جاء الدعم من إشارات حذرة صادرة عن الاحتياطي الفيدرالي. وفي الوقت نفسه، حدّ صمود الدولار من مكاسب المعدن الأصفر. كما يترقب المستثمرون صدور بيانات التضخم الأميركية المهمة هذا الأسبوع source: https://www.twsiat.com/%d8%a7%d8%b3%d8%aa%d9%82%d8%b1%d8%aa-%d8%a3%d8%b3%d8%b9%d8%a7%d8%b1-%d8%a7%d9%84%d8%b0%d9%87%d8%a8-%d9%8a%d9%88%d9%85-%d8%a7%d9%84%d8%ae%d9%85%d9%8a%d8%b3/

ملخص تحليل اليورو دولار اليوم الاتجاه العام: تصحيح فنى صاعد. نقاط الدعم لليورو دولار اليوم: 1. 1700 – 1. 1650 – 1 source: https://www.tradersup.com/%d8%aa%d8%ad%d9%84%d9%8a%d9%84%d8%a7%d8%aa-%d9%81%d9%86%d9%8a%d8%a9/%d8%aa%d8%ad%d9%84%d9%8a%d9%84-%d9%81%d9%86%d9%8a-%d8%a7%d9%84%d9%8a%d9%88%d8%b1%d9%88-%d8%af%d9%88%d9%84%d8%a7%d8%b1-eur-usd/%d9%85%d8%b3%d8%aa%d9%82%d8%a8%d9%84-%d8%b3%d9%8a%d8%a7%d8%b3%d8%a7%d8%aa-%d8%a8%d9%86%d9%83-%d8%a7%d9%84%d8%a7%d8%ad%d8%aa%d9%8a%d8%a7%d8%b7%d9%89-%d8%a7%d9%84%d9%81%d9%8a%d8%af%d8%b1%d8%a7%d9%84/150393

2025 saw many milestones in the crypto industry, with increasingly clear policies driving large-scale institutional entry, but also accompanied by hacker attacks and market volatility. The following is a timeline of the most noteworthy industry events of the year.

من المتوقع أن تفتتح الأسواق الأوروبية تداولات يوم الخميس على انخفاض. وفي المقابل، يستعد المتداولون لسلسلة قرارات مهمة من البنوك المركزية. ومن ناحية أخرى، تشير التوقعات إلى تراجع مؤشر فوتسي البريطاني بشكل طفيف. كما يُتوقع أن ينخفض مؤشر داكس الألماني بنسبة 0 source: https://www.twsiat.com/%d8%aa%d9%81%d8%aa%d8%aa%d8%ad-%d8%a7%d9%84%d8%a3%d8%b3%d9%88%d8%a7%d9%82-%d8%a7%d9%84%d8%a3%d9%88%d8%b1%d9%88%d8%a8%d9%8a%d8%a9-%d8%aa%d8%af%d8%a7%d9%88%d9%84%d8%a7%d8%aa-%d8%b9%d9%84%d9%89-%d8%a7/

Ethereum's exchange supply ratio has dropped to 0. 137 across all platforms, marking the lowest since 2016. source: https://www.cryptopolitan.com/ethereum-supply-on-exchanges-hits-atl/

A Singaporean investor lost S$100,000 after downloading a beta game launcher that contained malware, which emptied his crypto wallets. Despite using strong security measures, he was targeted by a sophisticated scam, highlighting risks for crypto users.

Hong Kong Prosecutors have asked for more time to organize the sprawling evidence collected during the two-year investigation.

Tax authorities have recently increased their scrutiny of overseas investments by Chinese residents. This article, from the perspective of those working in the crypto industry, provides actionable suggestions for compliance self-assessment and reporting.

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Vaults are non-custodial blockchain infrastructures that enable functionalities that are not available in traditional finance.