Odaily Planet Daily reports, according to GMGN data, BSC ecosystem Meme coins are broadly rising:

"Binance Life" market cap is now reported at $465 million, with a 24H increase of 22.78%;

"Here I Am" market cap is now reported at $11.7 million, with a 24H increase of 13.8%;

"Life K-Line" market cap is now reported at $658,000, with a 24H increase of 7.46%.

Odaily reminds users that Meme coin prices are highly volatile; please invest with caution.

Odaily News Over the past year, the ETH/BTC trading pair has cumulatively fallen by more than 35%, with the market structure continuously weakening, raising concerns about further downside risks. Analysts point out that the ETH/BTC trend remains suppressed by a multi-year descending trendline, a structure that has repeatedly capped rebounds since 2022 and was accompanied by a nearly 70% correction during the 2024–2025 market cycle.

Currently, after attempting a rebound in August 2025 to the confluence zone of the 0.382 Fibonacci retracement level and the 50-month moving average, ETH/BTC was rejected and has subsequently broken below support at the 20-month moving average, indicating sustained selling pressure dominance. Technical models suggest that if this weakness persists, the next key support level could be around 0.0176 BTC, representing approximately 40% downside from current levels and approaching the cycle low area of 2020.

On-chain data shows that ETH reserves on Binance have continued to rise, reaching approximately 3.62 million coins as of May, accounting for about 24.6% of the total exchange holdings across the network, signaling increased potential selling pressure. In contrast, Bitcoin exchange reserves have continued to decline, reflecting tightening BTC liquidity and stronger holding sentiment.

The analysis suggests that this divergence in data reinforces ETH's relatively weaker market structure. Meanwhile, at the narrative level, the "ultra-sound money" narrative surrounding Ethereum has cooled off, while Bitcoin continues to benefit from institutional allocation and corporate treasury demand, placing ETH under pressure from both capital flows and market narrative. (Cointelegraph)

Odaily Planet Daily News: Crypto analyst Axel Adler Jr stated that although Bitcoin rebounded after falling from around $125,000 to $60,000, the current trend remains a "repair after decline" and has not yet been confirmed as entering a new bull market cycle.

He pointed out that from an on-chain data perspective, multiple key indicators have not yet entered the historical bear market bottom range. This includes the "Supply in Loss" and 90-day UTXO-related metrics, which have not yet shown a sufficient cyclical bottom structure. Meanwhile, the "LTH Realized Supply" has also not displayed the typical accumulation pattern seen at the end of a bear market, indicating that the market has not yet entered a deep reallocation phase.

Additionally, spot selling pressure indicators have not shown obvious "capitulation selling", suggesting that a typical comprehensive market cleansing has not occurred during this decline. Axel Adler Jr believes that before improvements are seen simultaneously in on-chain structure, spot demand, and supply pressure, the current upward move is more likely a technical rebound rather than a trend reversal.

On a macro level, he pointed out that the global risk environment remains tight. The conflict between the US and Iran has pushed Brent crude oil close to $100 per barrel, reigniting inflationary pressure. Consumer confidence and financial health indices are weakening, indicating pressure on the demand side. Meanwhile, US Treasury yields remain high, with real interest rates and inflation expectations rising concurrently, further suppressing risk asset valuations.

He also mentioned that the leadership of the US Federal Reserve is about to enter a potential transition phase, but the interest rate market is no longer pricing in rapid rate cuts and has even begun to price in the probability of rate hikes. Market expectations have clearly shifted towards "higher for longer". In an environment of high oil prices, high interest rates, and uncertain monetary policy, overall financial conditions remain tight.

Axel Adler Jr stated that the current market needs to wait for clearer on-chain bottom structures and signs of demand-side recovery. Until then, he maintains a cautious stance on the market outlook.

Odaily Planet Daily reported that Iran's response to the U.S. proposal to end the war focuses on ending hostilities and ensuring maritime security in the Persian Gulf and the Strait of Hormuz. Citing an informed source, the Islamic Republic News Agency reported on the 10th that Iran has formally submitted its response to the latest U.S. proposal aimed at ending the war to Pakistani mediators. The current phase of negotiations will be entirely focused on ceasing hostile actions in the region. A source from Pakistan's Ministry of Foreign Affairs confirmed on the 10th that, after receiving Iran's response that day, Pakistan has forwarded it to the U.S. side. (Xinhua)

Odaily News, CryptoQuant analyst Darkfost posted on X platform, stating that Bitcoin's network hashrate has fallen below the annual average level. The last time a similar situation occurred was in 2021. This change does not pose a significant risk to the Bitcoin network itself. However, since the winter storms in the United States this year, the network's hashrate has consistently operated below 1 ZH/s, reflecting intensifying competition among miners. Some mining companies may have already chosen to shut down or adjust their business models to improve profitability. Bitfarms' recent business adjustments serve as an example.

According to Onchain Lens monitoring, a newly created wallet has withdrawn 843 PAXG tokens, worth $3.98 million, from Binance.

Odaily News Executives from PayPal and Google Cloud stated that in the future, commerce driven by AI Agents will operate on crypto payment rails, as AI Agents cannot use traditional bank accounts like humans.

Richard Widmann, Head of Web3 Strategy at Google Cloud, stated that AI Agents are unable to open bank accounts from both a technical and regulatory standpoint, while cryptocurrencies offer an "excellent machine-readable payment interface." He revealed that Google has launched the open-source Agentic Payments Protocol (AP2) and donated it to the FIDO Foundation, with over 120 partners, including PayPal, already joining.

May Zabaneh, Senior Vice President of Crypto at PayPal, indicated that the company views AI Agents as the next generation of commerce entry point following offline, online, and mobile payments. She noted that PYUSD, as PayPal's stablecoin, provides a naturally programmable payment layer for AI-native payments and global transactions.

A PayPal survey shows that 95% of merchant websites currently see traffic from AI Agents, but only about 20% of merchants have machine-readable product catalogs. Zabaneh believes that merchants need to adapt to the AI Agent era as quickly as possible, or they will miss out on the next wave of commercial infrastructure upgrades.

Additionally, the two also discussed the security and responsibility issues of AI Agents. Widmann stated that multi-party custody will become an important solution for Agent fund management. AI Agents should not have full control over private keys but should only hold a portion of the key fragments to reduce financial risk. (CoinDesk)

According to Onchain Lens monitoring, a whale swapped 40 BTC for 1,384.6 ETH via THORChain, worth $3.23 million, and then transferred the funds through Tornado Cash.

Odaily News: U.S. President Donald Trump stated that we are monitoring Iran's enriched uranium buried under rubble, and the U.S. Space Force will take over related tasks. If anyone approaches Iran's enriched uranium buried under rubble, we will know and will blow it up. I did not say that hostile actions against Iran have ended, but I did say they were defeated. (Jinshi)

Odaily According to Iranian state media: Iran's response text to the US proposal focuses on ending the war on all fronts, especially in Lebanon.

Iranian President Pezeshkian stated on social media that Iran will never yield to its enemies. He wrote: "If any discussion of dialogue or negotiation arises, it does not mean surrender or retreat. On the contrary, the goal is to guarantee the rights of the Iranian nation and defend national interests with a tough stance." (Jinshi)

Odaily reported that Bitcoin held above the $80,000 mark over the weekend, with no further significant decline in the market for now. However, market analysts believe that the short-term correction is not yet over. Cryptic Trades stated that current low-timeframe charts indicate that after encountering resistance near a high-timeframe resistance level, BTC is more likely to retest the "Bull Market Support Band" in the short term, which consists of two key moving averages located below $80,000. As long as BTC can hold this support band and the high-timeframe support zone around $75,000, the subsequent trend still leans towards an upward move.

Additionally, some market analysis points out that Bitcoin's previous breakout above the bull market support band was "not clear-cut," and the market needs to consolidate firmly above the lower $80,000 region for one to two weeks to confirm a strengthening trend. (Cointelegraph)

According to Odaily, Amin Nasser, President and CEO of Saudi Arabian Oil Company (Saudi Aramco), stated on the 10th that global oil supply has decreased by approximately 1 billion barrels over the past two months. During a media interview that day, Nasser said that even if energy flows return to normal, the entire system will take some time to regain its usual state.

Saudi Aramco noted that the East-West Pipeline is a vital supply artery, helping to alleviate the global energy shock and providing some assurance to customers affected by shipping restrictions in the Strait of Hormuz. (Jinshi Data)

Odaily reported, according to GMGN data, the market cap of ETH chain ecosystem token LO0P briefly surged past $5 million, currently reported at $4.09 million, with an intraday gain of over 500%.

FLOOD is a yield-bearing constant product token based on the Uniswap V4 Hook, with a total supply of 50 million tokens, all deployed at genesis into three single-sided liquidity pools: FLOOD/WETH, FLOOD/USDC, and FLOOD/USDT. There is no team allocation, treasury, or airdrop. The asset reserves generated from user purchases will be deposited into corresponding Aave v3 markets to generate yield, while trading fees are retained within the pool to increase reserves and influence the token price.

Odaily reminds users that this token is highly volatile, and investors should be aware of the risks.

Odaily reported that U.S. Energy Secretary Wright stated the U.S. has temporarily paused the "Project Liberty" operation, and reaching an agreement with Iran regarding the Strait of Hormuz through negotiations represents the best outcome. (Zhito Finance)

According to Odaily, as risk appetite in the crypto market recovers, the "Bored Ape" BAYC is experiencing a significant rebound, with market expectations for a recovery in the NFT sector heating up accordingly. Over the past month, its floor price has doubled from approximately 5 ETH to 10 ETH, while trading volume for the ecosystem token ApeCoin has also notably increased. Market analysts believe this rally is linked to renewed capital flows into high-risk assets, with recent memecoins and other high-beta assets outperforming defensive sectors like DeFi, signaling a rise in retail risk appetite.

Yuga Labs' new CEO, Michael Figge, stated that blue-chip NFTs had been "oversold," with prices showing a clear divergence from user activity. He added that the current uptick is more of a market correction, as the number of actual NFT holders hasn't doubled in tandem, indicating that this cycle is primarily driven by valuation recovery. (CoinDesk)

According to monitoring by on-chain analyst Ai Yi, one hour ago, an address associated with Amber Group (0xDDb26...E7E3d) withdrew 340,000 LAB tokens from Binance wallet, valued at $1.74 million, and subsequently deposited them to Gate. LAB has surged 611% since May, currently trading at $4.74, recovering all losses incurred after Zach's bounty investigation.