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Arch Labs raised $7 million in a seed round from Multicoin Capital, OKX Ventures and others.The project is building a Bitcoin-native application platform to bring “bridgeless” trading directly to the Bitcoin blockchain.
Ripple and XRPL Labs joined Hedera developer Swirlds Labs and the Algorand Foundation as founding members of the Decentralized Recovery (DeRec) Alliance. DeRec Alliance aims to standardize and expedite how digital assets can be recovered in the web3 industry, especially for crypto non-experts.
Bitcoin refuses to budge after the latest U.S. macro data, but a six-figure BTC price is waiting the wings, analysis claims.
Ethereum co-founder Joseph Lubin says the SEC is engaging in strategic enforcement action instead of engaging in meaningful discourse with the cryptocurrency industry.
Bitcoin’s volatility persists after the halving, but surging ETF inflows and thriving L2 ecosystem growth fuel long-term optimism.
Bitcoin prices are struggling to stay above the $61,000 mark, according to The Block’s Price Page.On Thursday, the Bank of England kept borrowing costs at their 16-year high but signaled it would cut rates this summer if inflation stayed low.
Robinhood's cryptocurrency trading volume in the first quarter increased by 224% year-on-year, with net profit rising to $157 million; Puffer Finance announced that its mainnet has officially launched; Musk's xAI, under his umbrella, is expected to complete financing this week at a valuation of $18 billion.
- 22:23The probability of the Federal Reserve maintaining the interest rate unchanged in January is 96.8%On January 13, according to CME "Federal Reserve Watch": The probability of the Federal Reserve maintaining the interest rate in January is 96.8%, and the probability of a reduction by 25 basis points is 3.2%. By March, the probability of maintaining the current interest rate is 75.5%, the cumulative probability of a reduction by 25 basis points is 23.8%, and the cumulative probability of a reduction by 50 basis points is 0.7%.
- 21:34Grindery announces the launch of GX tokens on pump.funGrindery announces the launch of GX tokens on pump.fun. It is reported that Grindery will have a new smart pledge plan and there may be potential airdrops (currently unconfirmed). Grindery is a self-hosted EVM smart wallet project suitable for Telegram.
- 21:32In the past 24 hours, futures across the entire network have liquidated $116 millionCoinglass data shows that in the past 24 hours, the total cryptocurrency market has liquidated futures worth $116 million. Of this, long positions have been liquidated to the tune of $55.1 million and short positions have been liquidated to the tune of $60.76 million.