ETH METRICS POTENTIAL SIGNAL BULL CORRIDA Ahead

Good morning, Asia. This is what news is doing in the markets:

Welcome to Asia Morning Briefing, a daily summary of the main stories during the US hours and an overview of the movements and market analysis. To obtain a detailed description of the US markets, see Cryptokook from Coindesk America.

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This is what the Fund Administrator Marz Zheng tells investors.

As Asia begins its business day, ETH is quoted above $ 2,500, 0.4%less. While this may not seem much in the volatile crypto world

and protocols for decentralized financial loans as. The latter’s performance has helped increase the total locked value (TVL) in Ethereum beyond $ 60 billion.

Zheng, co -founder and managing partner of Byzantine Capital, is optimistic in ETH because it argues that Ethereum could dominate how the primary layer block chain due to its upper scalability compared to Solana, thanks to the recent pein update, and a lower bitcoin inflation rate than the bitcoins.

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“It can be reaching a turning point where both potential clients continue to grow,” Zheng said in a note to Coindesk. “It will be a very interesting year.”

Even so, there are potential limits for ETH growth history this year. Polymarket traigators are only giving a 26% chance to break their historical maximum of $ 4,868 in November 2021.

Meanwhile, COINDESK MARKET INSIGHT BOT points out the institutional interest in Ethereum is growing sharply, with exchange balances falling to minimums of seven years and investment products centered on ETH that see significant entries, pointing out the long -term upward accumulation.

Companies are avoiding decentralized AI

Artificial intelligence tokens are one of the growth stories of the year, with the market limit of the tokens category worth more than $ 27 billion according to Coingcko data.

But there is a problem, since the Teng Yang analyst of the Thought Chain of the Crypto-Ai Research House argued in a thread on X.

The decentralized computing infrastructure, known as decentralized computing networks (DCN) necessary to realize the decentralized AI, does not maintain the rhythm.

In the ranking of the GPU cloud suppliers in the semi -sis of the GPU cloud suppliers, the decentralized computing platforms barely registered. Only Akash and Prime Intellect appeared, trapped in the lower part.

Most of the decentralized platforms did not even make the cut, underlining the deep challenges that these projects face to compete with centralized hyperscalers such as AWS or Google Cloud.

Coordination, the ability to organize dispersed computer resources in a perfect service, remains a critical weak point.

Unlike centralized services, decentralized platforms fight with basic tasks, such as predictable work routing, efficient data transfers and built -in fault tolerance, essential for companies accustomed to simplified functionality of kubernettes or slurm, software tools that companies use to easily administer and program large computer tasks.

Security and technical reliability have additional obstacles. Most decentralized networks lack essential certifications, such as SOC2 or ISO 27001, leaving their systems prone to fragile networks, storage inconsistencies and frequent latency peaks.

As Yan points out, decentralized networks suffer from panels that feel cumbersome and unclear payment systems and confused incorporation processes, which do not expect the simple reference companies “Spin-Up and scale”.

Finally, economic sustainability is still difficult. Current decentralized networks depend too much on temporary Token incentives, risking collapse when emissions decrease or stop completely. Aethir’s file, after all, has increased 70% in the last month, adding inflationary pressures if someone subscribes to cloud services called in ATH, their homonymous token.

Yan argues that decentralized platforms do not need to completely replace AWS, but at least they must be stable, economical and easy enough to compete significantly. Until then, the ambitious growth of the decentralized AI will continue to depend on centralized computer infrastructure.

News Summary

The Trump organization says that $ Trump Wallet is not them

The Trump organization has distanced itself from a recently announced cryptocurrency wallet called “Wallet $ Trump”, despite the promotional brand explicitly linked to the former president, Coindesk previously reported.

A spokesman unequivocally declared that the organization “knows nothing” about the wallet, contradicting ads made by the CEO of Magic Eden, Jack Lu, who had confirmed an association through social networks. Donald Trump Jr. and Barron Trump clarified separately that the Trump organization has “zero participation”, although Trump Jr. mentioned an upcoming official World Liberty Financial wallet, a separate Stablecoin project associated with the family.

The $ Trump wallet’s website is currently active, inviting users to a waiting list while promising digital asset trade functions, but does not provide substantial technical details or a launch timeline. The confusion around the project highlights the controversial but continuous Trump’s tangle with Crypt, previously illustrated by companies such as World Liberty Financial and Memecoins such as Trump Coin and Melania Coin.

Revolution could soon offer cryptographic derivatives

Revolution is exploring an expansion to cryptocurrency derivatives, as indicated by a new work list that a general manager is looking for to launch and climb a related offer, he reported earlier.

This development follows the successful deployment of its professional -centered cryptography exchange, first in the United Kingdom in May 2024 and later throughout the European Union.

The United Kingdom market for cryptographic derivatives has recently won traction, highlighted by the launch of GFO-X, the first derivative platform regulated by the country’s FCA FCA. In addition, the UK subsidiary of Galaxy, directed by Mike Novogratz, received the approval of the FCA in April, positioning himself to compete in the growing market segment.

Market movements:

• BTC: Bitcoin increased 2% above $ 105k, driven by the aggressive Bitcoin acquisition plan of $ 84 billion of Microstrategy, despite persistent geopolitical concerns and long -term risk questions.
• ETH: ETH established a clear bullish trend in the middle of strong volume peaks, facing the company resistance to $ 2,651 and solidifying the support about $ 2,618- $ 2,620.
• Gold: Gold submerged 0.51% to around $ 3,356 per ounce on Tuesday as a dollar of rebounds and the increase in US work openings led merchants to rotate in more risky assets.
• Nikkei 225: Nikkei 225 of Japan increased 0.83% on Wednesday, leading the markets of Asia and the highest Pacific after the technological manifestation of Wall Street driven by Nvidia.
• S&P 500: The S&P 500 rose 0.58% on Tuesday to 5,970.37, promoted by NVIDIA profits and investors’ optimism on the trade agreements of the United States, since Deutsche Bank raised its end of the year to 6,550.

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