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Ethereum (ETH) rebounded above $2,200, gaining over 6% in 24 hours. Key indicators suggest a potential shift in momentum, with $3,000 in sight if bullish pressure continues.
Quick Take Argentine federal prosecutor Eduardo Taiano is seeking to freeze assets exceeding $110 million linked to the Libra memecoin scandal The scandal has drawn attention due to its alleged connection to President Javier Milei.
Quick Take RedStone has launched the RED token on Ethereum, with 10% of its total 1 billion supply allocated to the community through claim activities. Stakers will initially earn rewards in RED, with future potential for other assets like ETH, BTC, SOL and USDC, RedStone co-founder and COO Marcin Kazmierczak told The Block.
Quick Take Although early details are scant, Sui Foundation said it plans to collaborate with the World Liberty Financial crypto project, backed by U.S. President Donald Trump. Besides exploring “product” opportunities, Sui also said World Liberty Financial will “include Sui assets in … its strategic token reserve.”
Quick Take Bitwise, the cryptocurrency index fund manager, has made its first DeFi allocation via onchain credit protocol Maple Finance, the company announced on Thursday.
Quick Take A senior Russian official stated that sanctions won’t fully prevent Russians from using the cryptocurrency market. The EU recently imposed sanctions on Russian crypto exchange Garantex, which has already been under U.S. sanctions since 2022.
- 17:40Trump: Will Use Tariffs to Pressure Countries to Open UpAccording to Jinshi reports, U.S. President Trump stated that he will use tariffs to threaten countries to open up.
- 17:40Zhao Changpeng: Bitcoin Investment Is Simple, Just Avoid Panic SellingChangpeng Zhao stated that investing in Bitcoin is simple, as long as you avoid panic selling.
- 17:36US stocks surge in the short term as Trump says it's best to buy stocks quickly nowAccording to Jinshi reports, U.S. stocks surged in the short term, with the Dow Jones Industrial Average rising to 1.27%, the Nasdaq up 1.6%, and the S&P 500 Index up 1.2%. Trump stated that now is the best time to quickly buy stocks.