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Movement Labs has raised $38 million in a Series A round led by Polychain Capital. The funding will be used to bring Facebook’s Move Virtual Machine to Ethereum.
A16z crypto’s CTO Eddy Lazzarin lambasted memecoins, saying they undermine crypto’s “long-term vision,” tarnish “how the public, regulators, and entrepreneurs” view the industry and serve as a casino “to a relatively small population.”6th Man Ventures co-founder Mike Dudas came to the defense of memecoins, which collectively have a market cap worth tens of billions of dollars.
Bitcoin traders remain unfazed while BTC price action follows stocks downward on the back of surprise U.S. macro data.
Industry professionals are increasingly doubtful about the chances of approval for ether spot ETFs by the SEC in May, according to Reuters.The price of ether has fallen by over 5.5% in the past 24 hours, according to The Block’s Price Page.
- 01:49DOGS releases development roadmap for the first half of 2025ChainCatcher News, the MEME project DOGS within the TON ecosystem has unveiled its roadmap for Q1 to Q2 of 2025. This roadmap details game strategies centered around DOGS, community involvement via local charities, and broadening the payment applications of DOGS tokens. Later this year, users will have the option to use DOGS tokens for online and offline transactions like gift cards and travel reservations.
- 01:45Analyst: With increased institutional investment, Bitcoin could reach a historic high by 2025Golden Finance reports that even in the face of current economic challenges, Grayscale remains optimistic about the future of #Bitcoin and views the upcoming U.S. presidential inauguration as a potential boost. Analysts predict that due to increased institutional investment and supportive regulations, Bitcoin could reach an all-time high by 2025.
- 01:43Today's Fear and Greed Index is 50, the level is neutralGolden Finance reports that today's Fear and Greed Index is 50, indicating a neutral level. Note: The Fear Index threshold is 0-100, including indicators: Volatility (25%) + Market Trading Volume (25%) + Social Media Heat (15%) + Market Survey (15%) + Bitcoin's Proportion in the Entire Market (10%) + Google Hot Word Analysis (10%).