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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.
- 05:57Ethereum Foundation Proposes L1 zkEVM Real-Time Proof Standard to Advance Mainstream Adoption of Zero-Knowledge ProofsOdaily Planet Daily reported that Ethereum Foundation developer Sophia Gold published an article proposing the launch of an L1 zkEVM within one year by executing proofs through multiple zkVMs and having them verified by validators. The goal of this solution is to achieve "real-time proofs," defined as: latency ≤10 seconds, 128-bit security, proof size ≤300KiB, and feasibility of home verification, among others, aiming to make Ethereum the world's largest ZK application platform.
- 05:33Spot gold rises above $3,340According to Jinse Finance, spot gold has risen by $7 in the short term, surpassing $3,340 per ounce, up 0.47% on the day. (Jin10)
- 05:28BANANAS31 surged 330% in the past 24 hours before dropping over 60% from its peak, now trading at 0.034 USDTAccording to Odaily Planet Daily, market data shows that BANANAS31 surged nearly threefold in the past 24 hours, reaching as high as 0.0827 USDT before plummeting to the current 0.034 USDT, marking a drop of over 60% from today’s peak.