ETH price surges: Ethereum is leading the market recovery, with many major cryptocurrencies also rising. This indicates a strong comeback in a challenging environment.

Hong Kong’s tax policy: Hong Kong will implement a 0% tax rate on cryptocurrency transactions, which is positive news for investors looking to participate in the crypto market.

XT exchange hacked: The XT exchange was hacked, leading to all funds being withdrawn for ETH, raising concerns in the investment community.