本週在Crypto：RWA巨型咒語（OM）倒塌了92％，繫繩在分散的比特幣採礦上翻了一番

本週在加密貨幣世界中充滿了高風險的動作。 RWA巨型咒語（OM）使投資者感到驚訝，下降了92％

The world of crypto continues to spin at a rapid pace, and this week was no exception. We saw surprising lows hit as RWA giant MANTRA (OM) crashed 92% in a six-hour span, wiping out billions in market cap. On the other hand, Tether announced its partnership with OCEAN to decentralize Bitcoin mining, putting a spotlight on the industry’s shifting dynamics.

加密世界繼續以迅速的速度旋轉，本周也不例外。當RWA巨人咒語（OM）在六個小時的範圍內撞倒了92％，消除了數十億美元的市值，我們看到了令人驚訝的低點。另一方面，Tether宣布了與Ocean的合作夥伴關係，以分散比特幣採礦，使該行業轉變的動態成為人們關注的焦點。

If you're looking for a quick catch-up on the stories everyone's talking about, here's a summary of the week's hottest topics:

如果您正在尋找每個人都在談論的故事的快速追趕，這是本週最熱門話題的摘要：

1. OM Token Collapses 92% in 6 Hours, Sparking Panic and Outrage

1。 om doken在6小時內倒塌了92％，引發了恐慌和憤怒

The OM token, linked to the renowned RWA project MANTRA, has collapsed over 92% in a six-hour period, dropping from $6.40 to $0.57 and wiping out $6 billion in market cap. Mantra co-founder John Mullin attributed the crash to reckless exchange-triggered liquidations, while on-chain data revealed that 43M+ tokens were moved to exchanges ahead of the crash. Panic selling followed, leading to massive liquidations and sparking accusations of rug pulls.

與著名的RWA項目咒語相關的OM令牌在六個小時內倒塌了92％以上，從6.40美元下降到0.57美元，並消耗了60億美元的市值。咒語聯合創始人約翰·穆林（John Mullin）將崩潰歸因於魯ck的交換觸發的清算，而鏈數據顯示，在崩潰之前，有4300萬代幣移至交換。緊隨其後的是恐慌銷售，導致大量清算並引發地毯拉力的指控。

Furthermore, Mantra's social media accounts have vanished, leaving investors in the dark and fueling rumors of an exit scam. The situation unfolded rapidly, with a single day seeing a 78% price decrease and the token falling below a critical support level. As panic set in, investors began frantically selling, ultimately causing the token to plummet to $0.57.

此外，咒語的社交媒體帳戶消失了，使投資者陷入了黑暗而助長出口騙局的謠言。情況迅速發展，一天的價格下降了78％，而代幣則低於關鍵支持水平。隨著恐慌的興起，投資者開始瘋狂地銷售，最終導致令牌下降到0.57美元。

2. Tether Backs OCEAN Pool to Decentralize Bitcoin Mining

2。綁帶返回海洋池以分散比特幣採礦

Tether is teaming up with OCEAN, a mining pool developed by Bitcoin Core developer Luke Dashjr, to counter the threat of centralization in Bitcoin mining. By deploying its hashrate through OCEAN's DATUM protocol, Tether will enable miners to have greater control over their actions and contribute to a more decentralized ecosystem.

Tether與Beach合作，這是一個由比特幣核心開發商Luke Dashjr開發的採礦池，以應對比特幣採礦中集中化的威脅。通過通過海洋的基準協議部署其橋樑，Tether將使礦工能夠對其行為有更大的控制權，並為更加分散的生態系統做出貢獻。

This initiative builds upon Tether's previous announcement to invest $1 billion in renewable-powered bitcoin mining in Latin America and its commitment to financial inclusion in Africa. As one of Bitcoin's largest holders, Tether's support could shift a significant portion of mining power away from dominant centralized pools like Antpool and poolin.

這項倡議是建立在Tether宣佈在拉丁美洲投資10億美元可再生比特幣採礦及其對非洲金融包容性的承諾的基礎上的。作為比特幣最大的持有人之一，特ether的支持可能會將大部分的採礦能力從螞蟻池和普利寧等主導的集中式泳池中轉移出來。

3. Pi Network Risks 55% Crash as Token Unlocks Pressure Mount

3。 PI網絡風險55％崩潰，因為令牌解鎖壓力安裝

Pi Network is facing severe pressure after slipping below a key support level, with analysts warning that the price could drop another 55%. The main concern is massive token unlocks. Over 1.5 billion Pi tokens are set to hit the market this year, yet demand remains weak, partly because Pi isn't listed on major exchanges like Binance or Coinbase.

PI網絡滑倒以下後，PI Network面臨著巨大的壓力，分析師警告說，價格可能會降低55％。主要問題是大量令牌解鎖。今年有超過15億的PI代幣將在市場上投放市場，部分原因是PI在Binance或Coinbase等主要交易所未列出。

The selling pressure could intensify unless the team changes its tokenomics or adds a burn mechanism. Technical patterns also point to a deeper fall ahead. The price has broken critical support at $0.1, setting the stage for a decline to $0.05, a 55% decrease from the current level.

除非團隊改變其令牌學或增加燒傷機制，否則銷售壓力可能會加劇。技術模式也表明了更深層次的下降。價格的關鍵支持損失了0.1美元，將階段降低到0.05美元，比當前水平下降55％。

4. Bitwise Expands Access to Crypto ETPs in London with Four New Listings

4。位於倫敦的Crypto ETP的Bitwise Expand of toss in倫敦的四個新列表

Bitwise has listed four Germany-issued crypto ETPs on the London Stock Exchange, expanding institutional access to European digital assets. The launch follows Bitwise's 2024 acquisition of ETC Group and includes standout products such as BTC1, Europe's most cost-efficient Bitcoin ETP, and BTCE, the region's most liquid Bitcoin ETP.

Bitwise在倫敦證券交易所列出了四個德國發行的加密ETP，擴大了歐洲數字資產的機構訪問。發布之後是Bitwise的2024年對ETC組的收購，其中包括BTC1，例如BTC1，歐洲最具成本效益的比特幣ETP和該地區最液體比特幣ETP的BTCE。

The new listings are:

新列表是：

• BTC1 (DE000A284438): A physically backed Bitcoin ETP offering low total expense ratio (TER) and same-day settlement in British sterling.

•BTC1（DE000A284438）：在英國英鎊的物理支持的比特幣ETP，可提供較低的總費用比（TER）和當天定居點。

• BTCE (DE000A284446): Providing efficient and seamless access to the Bitcoin market with high trading volumes and sterling settlement.

•BTCE（DE000A284446）：通過高貿易量和英鎊結算提供高效且無縫訪問比特幣市場。

• ZETH (DE000A284404): A multi-asset crypto ETP designed to offer broad exposure to the rapidly expanding digital asset universe.

•Zeth（DE000A284404）：一個多資產的加密ETP，旨在為快速擴展的數字資產宇宙提供廣泛的曝光率。

While ZETH and ET32 have seen sharp declines in 2025, they remain key tools for pros seeking diversified crypto exposure with regulatory backing and institutional-grade custody.

儘管Zeth和Et32在2025年的急劇下降，但它們仍然是尋求通過監管支持和機構級別的多元化加密貨幣曝光的專業人士的關鍵工具。

5. Bitcoin Dominance Hits 3-Year High as Altcoins Struggle

5。隨著山寨幣的掙扎，比特幣優勢達到3年

Bitcoin's market dominance has climbed to 63% — its highest since early 2021 — as investors retreat from struggling altcoins and seek safety in BTC.

隨著投資者從苦苦掙扎的山寨幣撤退並尋求BTC的安全性，比特幣的市場優勢已攀升至63％（自2021年初以來最高）。

Over the past month, Ethereum, Cardano, and Dogecoin have all posted double-digit losses, while Bitcoin has held steady near $84,000. Analysts say the shift signals a risk-off mood, with cautious sentiment driving money back to crypto's most established asset.

在過去的一個月中，以太坊，卡丹諾和狗狗幣都發布了兩位數的損失，而比特幣的穩定穩定接近84,000美元。分析師說，這次輪班標誌著風險心情，謹慎的情緒將資金驅回了加密貨幣最確定的資產。

"It feels like there's a broader risk-off sentiment in the market," said Garrett Lee, managing partner at Triple Point Capital. "We'

Triple Point Capital的執行合夥人Garrett Lee說：“市場感覺好像市場上有更廣泛的冒險情緒。” “我們'