Zach Pandl analyzes Bitcoin valuation and the two major risks it faces
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Grayscale research director Zach Pandl stated that Bitcoin's valuation is relatively low, but investors still need to pay attention to two potential risks. （Cointelegraph）
The current price of BTC is $59846.76, a decrease of 3.96% in the past 24 hours. Among them, the total liquidation amount of contracts across the entire network in the past 1 hour was 111 million US dollars, with multiple main liquidation orders and BTC liquidation of 49.83 million US dollars (44.78%). The data is for reference only.
South Korean officials meet with the US SEC to discuss the development of unified cryptocurrency regulatory rules in the context of local market scandals. （Decrypt）
Japan launches a dual layer stablecoin system, with SBI VC Trade launching RLUSD for retail settlement and SBI Holdings' JPYSC for corporate yen settlement. （CoinDesk）
