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John Glover, chief investment officer of Ledn, gave some key levels to watch for bitcoin’s price action
USDC’s net inflow to centralized exchanges could indicate strategic buying by crypto investors.
Quick Take The settlement, which also names its CEO, William Barhydt, requires Abra to stop making, buying, selling, or trading crypto to U.S. Abra Trade customers and requires the firm to return $82 million in virtual assets to customers. A group of state regulators investigated Abra and found that the firm operated a mobile application for buying, selling, trading, and investing in crypto and didn’t get the required licenses.
Quick Take The team behind the Bitcoin Virtual Machine launched ZK-proof service BitZK last week. Zero-knowledge proofs are used in blockchain circles to compress data and have become the basis for many of the most popular rollups on Ethereum. BVM is a general-purpose state machine similar to Ethereum, which uses Bitcoin’s security.
Share link:In this post: U.S. spot bitcoin ETFs experienced a reversal in outflows on June 25 The 11 ETFs collectively hold nearly $52 billion in BTC reserves VanEck files a Form 8-A with the SEC for its spot Ethereum ETFDisclaimer. The information provided is not trading advice. Cryptopolitan.com holds no liability for any investments made based on the information provided on this page. We strongly recommend independent research and/or consultation with a qualified professional before making any investmen
SEC may approve spot Ethereum ETFs by July 4, according to Reuters, which cited anonymous sources.BlackRock, Fidelity and Franklin Templeton among the asset managers who both launched a spot bitcoin ETF earlier this year and have also applied to issue a spot ether ETF.
- 06:26Analysis: Due to Trump's unclear Bitcoin strategic reserve plan, traders believe that the short-term rise of BTC is limitedOdaily Planet Daily reports that Nick Forster, the founder of on-chain options protocol Derive, stated in an analyst report on January 25th that the executive order from Trump's administration was to assess digital asset reserves rather than focusing on strategic Bitcoin reserves. This has suppressed short-term bullish expectations for Bitcoin as "the market believes there is limited room for this asset to rise in the short term, possibly due to a lack of specific BTC reserve announcements." Forster pointed out that on January 24th, 83.3% of Bitcoin option contracts on the Derive platform were "call options sold," implying an expectation for stable or falling Bitcoin prices. He said: "If no practical measures such as establishing national reserves are taken, the market will not buy it." Previously reported news revealed that U.S President Trump signed an executive order to establish a Presidential Digital Asset Market Working Group aimed at strengthening America's leadership position in digital finance. The task of this working group is to develop a federal regulatory framework for managing digital assets (including stablecoins) and evaluate creating strategic national digital asset reserves.
- 06:22Pump.fun's total revenue exceeds 460 million US dollars, with approximately 667.56 million tokens deployedOdaily Planet Daily reports that according to Dune data, pump.fun's total revenue has exceeded 460 million US dollars ($466,813,814), and the total number of tokens deployed is approximately 6.675 million (6,675,590).
- 06:20deBridge ($DBR) ecosystem expansion: Cronos zkEVM completes cross-chain integration, GOAT SDK fully opens up developer toolchainRecently, the interoperability protocol deBridge ($DBR) announced the completion of technical integration with the zero-knowledge proof Layer 2 network Cronos zkEVM, further expanding its cross-chain ecological capabilities. Cronos zkEVM is based on the ZK-Rollup architecture and achieves asset interoperability with public chains such as Ethereum and BNB Chain through deBridge's "Infrastructure as a Service (IaaS) ". This cooperation will optimize the transaction throughput and privacy protection capabilities of Cronos zkEVM, and with the help of deBridge's liquidity protocol, users can directly complete efficient and low-cost cross-chain asset transfer, solving interaction bottlenecks in multi-chain scenarios. On a technical level, deBridge provides standardized cross-chain routing and settlement services for Cronos zkEVM, supporting developers to build trustless multi-chain DeFi applications. Cronos zkEVM's zero-knowledge proof technology compresses on-chain verification data, reduces storage costs, and collaborates with deBridge's interoperable network to provide infrastructure support for high-concurrency, low-latency DeFi application scenarios. The simultaneously open GOAT SDK developer toolchain has become another key development in the ecosystem. The tool integrates multi-chain data aggregation, intelligent routing optimization, bridging order automation execution, and transaction status monitoring functions, covering the entire process of cross-chain development. Developers can now quickly deploy cross-chain applications by calling the interface through the GitHub open source library. The official technical documents have been fully updated, providing a complete guide from basic token query to advanced security verification, significantly reducing the development threshold. With the expansion of the ecosystem, the functional value of DBR tokens is further highlighted. The integration of Cronos zkEVM and the opening of GOAT SDK may drive the actual demand growth of DBR. Its consumption mechanism is directly related to the active level of the ecosystem, and market funds remain concerned.