Gemini: Stock price hits historic low of $15.80

[ECB Governing Council Member Coeure Discusses Interest Rate Issues and Future Expectations] ECB Governing Council Member Coeure stated that the European Central Bank is in a favorable position regarding interest rate issues, expects little change in the coming months, and emphasized the importance of being able to respond.

[Whale redeposits 500 BTC into Gate, with an unrealized loss of approximately $8.32 million] A whale redeposited 500 BTC, held for four months, into Gate. The current value is approximately $51.08 million, representing an unrealized loss of about $8.32 million compared to the initial withdrawal value of $59.40 million.

[CryptoQuant: Stablecoin Reserves Hit Record High, Market May See Liquidity Changes] CryptoQuant stated that the Stablecoin Supply Ratio (SSR) has dropped to a historic low (13), indicating a large amount of capital is waiting to enter the market. Bitcoin reserves on Binance have decreased, while stablecoin reserves have increased. This liquidity pattern has only occurred a few times since 2020, each time accompanied by a strong rebound in Bitcoin prices. Analysts pointed out that the current market shows weak selling pressure, with an attractive risk/reward ratio, but attention should be paid to whether key support levels are breached.

[Farcaster Wallet and Clanker to Support Monad Mainnet on Launch Day] Farcaster co-founder Dan Romero stated that the Farcaster Wallet and meme coin issuance platform Clanker will simultaneously support the network on the first day of Monad Mainnet launch.

[ECB Executive Board Member Elderson Says Inflation Risks Are Balanced] ECB Executive Board Member Elderson stated that inflation risks are currently in a balanced state.