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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.

- 04:55Analysis: $93,198 and $83,444 as Key Support Levels for BitcoinPANews May 1st news, according to crypto analyst Ali, the two most critical support levels for Bitcoin in the current market are $93,198 and $83,444. These support levels are key areas that investors need to closely monitor when market momentum changes.
- 04:55U.S. stock index futures extend gains, S&P 500 futures rise 1%According to a report by Jinse Finance, U.S. stock index futures have expanded their gains, with S&P 500 futures up 1%, Dow futures up 0.54%, and Nasdaq futures up 1.46%.
- 04:55TRUMP dinner to add one spot, best meme creator to be invitedOdaily Planet Daily News: The official TRUMP team announced that during the remaining 12 days of the campaign period for the "Top 220 Holders" exclusive dinner event, President Trump has decided to open an additional seat to the community for the best $TRUMP-themed meme. The official team will select the best works from the content reposted and replied to the event post on social media to present to President Trump, and one person will be chosen to attend the dinner on May 22.